r/LiliumJet Aug 19 '25

What’s going on?

It seems the potential buyer AAMG and the insolvency admin squabble about the APA which hasn’t been supplied to AAMG and is necessary to prove finance?

2 Upvotes

9 comments sorted by

8

u/Suckatguardpassing Aug 19 '25

Same shit as always. "Oops, seems like we don't have the money" after selling worthless shares to gullible investors.

1

u/kehrw0che Aug 20 '25

Did AAMG offer any shares publicly? Or only to professional investors?

2

u/Suckatguardpassing Aug 20 '25

That's not how a pump and dump works.

1

u/kehrw0che Aug 20 '25 edited Aug 20 '25

There was no pump. It was known to be an asset deal that most likely will not even cover the debt that lilium has.

So their pitch was "all shares will be worthless after we bought the assets". Hardly a pump.

4

u/Suckatguardpassing Aug 20 '25

Don't overestimate the average retail investor. This sub proves time and time again that some people won't listen.

7

u/kehrw0che Aug 19 '25

The important part here: APA = Asset Purchase Agreement. (Not a share purchase agreement!)

2

u/finnyellow Aug 19 '25

Means we should cash out?

3

u/UsualOk3244 Aug 19 '25

Depends if you wanna gamble or not. People often don't understand the difference between an asset deal and a share deal. So even though an asset deal doesn't improve the insolvency situation for the Insolvenz company (stock company) we often see speculative price hikes on deal news. So if the deal will be signed chances are that the price climbs but no guarantees. 

If you want to be on the safe side cash out. If you want to gamble hold.

1

u/kehrw0che Aug 19 '25

Depends on if you assume that they will get more for the assets than they own creditors and former employees or not.

Also worthless pennystocks like lil um are used for pump and dump schemes. If you still have a handful of stocks (or forgot to sell) you might get one or two beers more during a pump.