$Phoenix Motor (PEV.US)$This stock is just a standard scam o...

$Phoenix Motor (PEV.US)$This stock is just a standard scam of Chinese concept stocks. They used a high-interest account to push up the price (not borrowing cash, no one is willing to lend cash to junk stocks). He thought he could cash out and attract retail investors to cut losses and pay back. However, the wishful thinking was countered, now the stocks have been sold, but the high-interest loan is still outstanding, must be re-pledged to unravel the situation, and time is running out.