$EOSE heading towards DOE Loan event
It is widely expected that the Department of Energy will announce conditional approval of a major loan to 
EOSE some time this summer. Basic diligence/forensics show that the white house is on a Bidenomics tour, tweets from the head of the DOE loan programs office also indicating big things coming to the rust belt. This seems to be volatility squeeze forming aiming squarely at the late July/Early August event, which could result in a bullish jump if they get the loan.
EOSE some time this summer. Basic diligence/forensics show that the white house is on a Bidenomics tour, tweets from the head of the DOE loan programs office also indicating big things coming to the rust belt. This seems to be volatility squeeze forming aiming squarely at the late July/Early August event, which could result in a bullish jump if they get the loan.Note
While the DOE did announce conditional commitment for a massive 400M loan, there were several nuances. The company had to fund the initial 100m of that themselves, including all the costs of their first high-volume automated production line (a total of 4 or more will be built). This resulted in the need for a dilutive ATM offering which debased the stock. In addition, the DOE loan would take at least another YEAR to get funded, due to heavily redacted conditions precedents which we're still not aware of. The DOE loan window has been extended through some portion of December 2024 so the company could satisfy all conditions before funding. In the summer of 2024 Cerberus stepped in to restack the company's debt which was a major catalyst.
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