Ideanomics Inc (IDEX) News

It will go even lower and lower until another R/S or BK or it likes to trade in the trips and issue billions of shares after it is delisted to the stinky pinky.

IDEX new 52 lo

IDEX The perfect company to not invest in. Run by crooks. How many electric tractors sold? Two? One?
Perfect company for Democrats to run.

Thinking this company is on the way to bankruptcy. Wipe out current shareholders, start again with new bs and lower share structure. Blah, blah, blah. Rinse and repeat. There is no hope for this scam. Lost almost $11k.
How come those lying and stealing money from investors walk away with no jail time?
A crazy guy wearing horns and entering the U.S. Capital gets arrested and sent to jail and CEO Poor gets a bonus for ruining the lie.

IDEX new 52 lo

Question: Is IDEX going to survive to trade at .0001 or go bankrupt first?

IDEX 10Q due 3/20

WAVE Charging Appoints Macy Neshati as General Manager to Spearhead Expansion and Scale
March 11 2024
https://ih.advfn.com/stock-market/NASDAQ/ideanomics-IDEX/stock-news/93463247/wave-charging-appoints-macy-neshati-as-general-man

WAVE Charging, a wholly-owned subsidiary of Ideanomics (NASDAQ: IDEX) and developer of high-power, wireless inductive charging solutions for medium- and heavy-duty commercial vehicles, proudly announces the appointment of Macy Neshati as General Manager.

In his new role, Neshati will take charge of overseeing operations and driving the expansion of WAVE Charging's current customer base, including the two confidential commercial fleet customers previously disclosed.

Mr. Neshati brings a wealth of experience to his new position, including experience as part of the Ideanomics group of companies. Prior to joining WAVE Charging, he served as the CEO of Ideanomics subsidiary U.S. Hybrid. During his tenure, he played a pivotal role in enhancing and expanding U.S. Hybrid's strategic partnerships with industry leaders such as Global Environmental Products, Toyota Tsusho, and A-1 Alternative Fuel Systems. Under his leadership, U.S. Hybrid transformed into an industry leader renowned for its zero-emission solutions for specialty vehicles.

Neshati's professional background also includes leadership roles at the Antelope Valley Transit Authority (AVTA) and BYD, where he contributed significantly to the advancement of electric vehicle technology. AVTA, the First All-Electric Zero-Emission Transit Agency in North America, is a key, longtime customer of WAVE Charging. Moreover, many of WAVE's existing customers utilize their charging infrastructure with BYD vehicles. Neshati's extensive experience positions him as a staunch advocate for WAVE's products, underpinned by a profound understanding of the benefits of WAVE's high-power wireless charging from both customer and technology partner perspectives.

In response to his appointment, Macy Neshati stated: "I am honored to join WAVE Charging at this pivotal moment. The electrification of commercial transportation is accelerating, and WAVE's innovative wireless charging solutions are poised to play a crucial role in shaping the industry's future. I look forward to leading WAVE in expanding its footprint and delivering sustainable charging solutions to meet the evolving needs of our customers."

Ideanomics CEO Alf Poor expressed his confidence in Mr. Neshati's ability to lead WAVE Charging into its next phase of growth, stating: "Macy's proven track record of driving innovation and growth within the clean energy and transportation sectors makes him the ideal candidate to lead WAVE Charging. His strategic vision and deep industry knowledge will be invaluable assets as we continue to revolutionize the commercial vehicle charging landscape."

About Ideanomics

Ideanomics?(NASDAQ:?IDEX) is a global group with a simple mission: to accelerate the commercial adoption of electric vehicles. By bringing together vehicles and charging technology with design, implementation, and financial services, we provide solutions for the commercial world to commit to an?EV?future. To keep up with?Ideanomics, please follow the company on social @ideanomicshq?or visit:?https://ideanomics.com.

About WAVE Charging

Founded in 2011, with systems available from 125kW through to ultra-high power, WAVE delivers made-in-America wireless EV charging systems for the commercial fleet sector. With a global-leading number of high-power, rigorously proven inductive charging systems deployed, WAVE provides commercial fleet operators with a faster, easier, and future-proof way to extend the range of medium- and heavy-duty electric vehicles which avoid the hassle and inefficiency of operations experienced with cable and pantograph charging systems. Learn more at www.wavecharging.com.

IDEX 10Q due March 13

Form 8K - Current Report
https://ih.advfn.com/stock-market/NASDAQ/ideanomics-IDEX/stock-news/93458080/form-8-k-current-report

Item 5.02 Departure of Directors or Certain Officers; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On March 5, 2024, the Company received the resignation of the Company’s Chief Financial Officer, Scott Morrison, effective as of that date. Mr. Morrison is resigning for personal reasons. Mr. Morrison shall stay on as a consultant to ensure the timely completion of the Company’s annual filings and other regulatory requirements.

On March 8, 2024, the board of directors appointed Mr. Ryan M. Jenkins as Chief Financial Officer of the Company. Mr. Jenkins brings extensive years of advancing responsibilities across multiple business units of major companies, including Walmart and the FedEx Corporation. He has served as the Corporate Treasurer and Head of FP&A for Ideanomics since March 2022, and served as Associate Director of Finance & Treasury and Investor Relations for Walmart from 2020 to 2022. Since 2019 he has been an Adjunct Professor of Finance at the University of Memphis. Mr. Jenkins was the Corporate Financial & Treasury Advisor for the FedEx Corporation from 2005 to 2017. He has significant experience in capital planning, funding and analysis in his prior roles. He obtained his CPA license in 2012, CFA Charter in 2016, and CTP Certification in 2023.

Effective March 8, 2024, Mr. Jenkins’s base salary is $275,000 with a change of control provision for six months. Mr. Jenkins is also granted $125,000 in shares of common stock that shall vest upon completion of certain Company and personal milestones.

Emerging Growth Conference keynote speaker: Alfred Poor, CEO & Director, Ideanomics

Emerging Growth Conference
4.01K subscribers
Posted Mar 7, 2024

Ideanomics (NASDAQ: IDEX) is a global group with a simple mission: accelerating the commercial adoption of electric vehicles by bringing together vehicles, charging and financing solutions under one roof.

Keynote speaker: Alfred P. Poor – CEO & Director

Salary cuts but nice chuck of shares in exchange. These guys need minimum wage with no shares until some successes are confirmed.

IDEX 10Q due March 6

$low n $teady wins the bank account :)

IDEX

Looks like form 8 k was filed

So what’s up today

What in the world??? $IDEX

Agree. There appeared to be so much potential what with the WAVE charging, and all the rest.

I have to stop falling for the fantasy these type of people put out there to lure people like me trying to invest in something 'good'.

It will be good to wake up soon and see the company delisted and booted off trading platforms and hopefully saving the money some people think will enrich themselves in case of a bounce.

ice, IDEX performance is all about "POOR" management as CEO POOR and group sucks more in salary then what IDEX earns. This is headed for another R/S then into chapter 11 or 7 IMO

Cost average for me in this shit is $10,946.08
Current value is $44.02
Thinking I would have been better off investing in a penny stock that turns used condoms into an edible form of cotton candy. At least losing the money in such an investment would have made better sense.

I hope management of IDEX is very happy to have taken such a wonderful opportunity and gutting it like a fish.

Now, where can I find another shitty company even worse than this? Doubtful, but I'm sure there are some left to find.

IDEX new 52 week low

Has anyone ever pulled up a three-year chart? Wow, just wow

IDEX new 52 week low

It won’t be long and it will be time for another massive reverse split. LOL

I sold all shares at $2.25 a month ago because of "POOR" management!

Timber $$$$$$

Just sold all my IDEX at 2.25 as IMO this management team will drive IDEX into bankruptcy read the last earning and all foot notes and you will read how much in debt IDEX has without secured funding. Yes, IMO CEO "POOR" is a poor manager that has used IDEX shareholders as his personal piggy-bank for years.

Good Luck to all! but my losses will get recorded in 2023

$IDEX recently did Reverse Split. Total Debt (mrq) now at $32.14 Million - Cash dwindling away. Bankruptcy coming imo

idex is selling low grade fertilizer which kills anything it touches

IDEX new 52 week low

Management are all crooks. They should be punished by having to drive those worthless electric tractors to work instead of their BMW's, Mercedes, and Tesla's.

$IDEX Book Value Per Share (mrq) $1.38. $.0001 coming

Ideanomics, Inc. $IDEX Total Debt (mrq) $32.14M. Almost out of cash. Bankruptcy coming in my opinion.

Ideanomics regains compliance with Nasdaq listing rules
Nov. 24, 2023
https://seekingalpha.com/news/4040157-ideanomics-regains-compliance-with-nasdaq-listing-rules

- Ideanomics (NASDAQ:IDEX) said on Friday that on November 17 it had received a Nasdaq notice stating it was not in compliance with Nasdaq listing rules due to a failure to file its Form 10-Q for Q3.
- IDEX added it had filed its 10-Q for Q3 on November 21, and subsequently regained compliance with the exchange's listing rules.

Question: Is that the day the share price of IDEX soars to a ten year high?
(answer: never. next stop BK or another R/s.)

For EV customers, everything changes on January 1, 2024. The Treasury Department has now issued new rules that will turn the federal EV tax credit into what is basically a point of sale rebate. The new regs, published October 6, 2023, bring happy news for EV buyers.

“Under the Inflation Reduction Act, consumers can choose to transfer their new clean vehicle credit of up to $7,500 and their previously owned clean vehicle credit of up to $4,000 to a car dealer starting January 1, 2024. This will effectively lower the vehicle’s purchase price by providing consumers with an upfront down payment on their clean vehicle at the point of sale, rather, without having to wait to claim their credit on their tax return the next year. Only vehicles purchased under the consumer clean vehicle credits are eligible for this benefit.”

Link https://cleantechnica.com/2023/10/08/heres-what-happens-to-the-federal-ev-tax-credit-on-january-1-2024/

Let's see. I guess I should be thankful I invested in IDEX when it was promising all the wonderful things and ended up losing 10K, but I'm not. Instead I'm thankful I didn't invest 20k.
Thanks management. I hope you're all thankful for idiot investors like me.

This company is over. Read the part about dealers returning the pos electric tractors and the company had no cash set aside for such a situation.
It would be nice if IDEX 'management' could feel what I feel for losing my 10k.

Proxy for vote for annual meeting Dec. 22
I PLAN TO VOTE NO FOR MOST ITEMS AS THIS MANAGEMENT DOES NOT DESERVE MORE TIME TO USE SHAREHOLDERS AS THEIR PERSONAL PIGGY-BANK TO KEEP SUCKING EXISTING SHAREHOLDER TILL THEY FILE BANKRAUPTCY!
NOTE: THIS IS IMO AS I AM LONG TIME SHAREHOLD AND NOT HAPPY WITH MANAGEMENT

1.
Vote Board of Directors:
Vote Directors Individually
showing combined election of directors, radio button options
Election of Director: Alfred P. Poor- VOTE NO
Election of Director: Shane McMahon - VOTE NO
Election of Director: James S. Cassano - VOTE NO
Election of Director: Andrea Hayward – INDEPENDENT DIRECTOR WILL VOTE FOR
Election of Director: Paul Hancock - INDEPENDENT DIRECTOR WILL VOTE FOR
Ratification of appointment of Grassi & Co., CPAs, P.C. as independent registered public accounting firm.
2.
Ratification of appointment of Grassi & Co., CPAs, P.C. as independent registered public accounting firm. WILL VOTE FOR
3. Approval of the amendment and restatement of the Company's 2010 Equity Incentive Plan to increase the number of shares authorized for issuance under the Plan to 37,500,000.
VOTE AGAINST
3.
Approval of the amendment and restatement of the Company's 2010 Equity Incentive Plan to increase the number of shares authorized for issuance under the Plan to 37,500,000.
VOTE AGAINST

4.
Approval of the issuance of common shares as the underlying conversion of preferred Series C shares accordance with Nasdaq Rules Rule 5635(d).
VOTE AGAINST

5.
Approval of the issuance of securities in one or more non-public offerings where the maximum discount at which securities will be offered will be equivalent to a discount of 20% below the market price of our shares or Common Stock, in accordance with Nasdaq Listing Rules 5635(b) and 5635(d).
VOTE AGAINST

To approve the amendment of the Company's Second Amended and Restated Certificates of Incorporation to increase the total number of the Company's authorized common stock and preferred stock.
6.
To approve the amendment of the Company's Second Amended and Restated Certificates of Incorporation to increase the total number of the Company's authorized common stock and preferred stock.
To approve the potential issuance of more than 20% of the Company's outstanding shares of common stock to Yorkville Advisors upon the conversion of the Debenture(s) and preferred stock that were issued in financing transactions, and in accordance with the stockholder approval requirement of Nasdaq Listing Rules 5635(b) and 5635(d).
VOTE AGAINST

7.
To approve the potential issuance of more than 20% of the Company's outstanding shares of common stock to Yorkville Advisors upon the conversion of the Debenture(s) and preferred stock that were issued in financing transactions, and in accordance with the stockholder approval requirement of Nasdaq Listing Rules 5635(b) and 5635(d).
Approval of the adjournment of the Annual Meeting, if necessary or advisable, to solicit additional proxies in favor of the foregoing proposals.
VOTE AGAINST
8.
Approval of the adjournment of the Annual Meeting, if necessary or advisable, to solicit additional proxies in favor of the foregoing proposals.
VOTE AGAINST

Has anyone read this = Ideanomics, Inc. (NASDAQ:IDEX) SEC Filing Alert
The following document for Ideanomics, Inc. (NASDAQ:IDEX) was filed with the U.S. Securities and Exchange Commission.

SEC Form 10-Q filed on Nov 21, 2023
https://app.quotemedia.com/data/downloadFiling?webmasterId=101533&ref=317883197&type=HTML&cdn=061d7f4b76ca65a6df0ab0c4bbe24346&formType=10-Q&dateFiled=2023-11-21&cik=0000837852&symbol=0000837852&companyName=Ideanomics%2C+Inc.
"POOR" and managers plan is to bankrupt this company

Yes "POOR" management keeps taking this company lower. When insiders make more than company sales there is only one way this stock can go. "POOR" has turned IDEX into a personal piggy-bank for greedy insiders.

garbage company. garbage products. actually...garbage at the dump has more value.
(I paid $10,000 for the right to bash this trash)
IDEX = garbage

Did management all flee to the Bahama's with the investors money yet? All cute like, driving little electric golf carts charged by little charging ports pulled by little electric tractors...all of which are made by legit companies and not the scam they ran. Maybe their golf game is better than scamming investors?

Nice video. A person can replace 'Chinese electric' with 'IDEX'. Both explode and destroy things.
IDEX is the worst stock play in the EV market that can possibly exist.
Lost $10k in this stock.
Waiting for the next R/S
Waiting for the CEO to go to jail.

Chinese E-Bikes are Exploding like Crazy - Self Destructing Spectacularly
$IDEX

NEWS: California Set to Distribute $40 Million to Build 270 EV Fast Chargers.

That's $150,000 per charger. Tesla's Supercharger cost is estimated to be under $50k per stall. pic.twitter.com/MbsflWEy4q— Sawyer Merritt (@SawyerMerritt) October 28, 2023

I agree with how this managements has performed so "Poorly" One issue is cost of management as A "Poor" himself earns more then what IDEX reports as earnings. He has turned this company into his personal piggy-bank.

Their Proxy statement invites all to annual meeting but has no date mentioned - most likly they do not want any questions from shareholders. They also have a vote but failed to provide control number for shareholders to vote. I will vote NO on most.

Perfect day to bash all those stocks I invested in that are pure garbage. IDEX is one of the biggies I've lost money. Currently down 10K. My remaining shares are worth $147.00

My fault. Thought the hype by the company had some merit.

How can it be legal for such shysters to lie and lead to investors believing them enough to invest?

Sadly the company will start saying "We sold more tractors. We're up to 12 sold now and plan on selling 3 more soon." Or, "Our charging system is so good no other company will buy it because it works too good."

Lousy management (should all be tarred and feathered)

If there is a Hell, IDEX is an extension of it.

they file their Preliminary Proxy Soliciting materials without the annual meeting date posted and has anyone received voting forms?
This company has turned into a personal piggy-bank for insiders such as "Poor"

I do plan to vote no on most voting questions.