Rat
Well-known member
Did anyone else get an email about investing in Blink's new public offering? I find a few things disturbing about it. The address they give in N. Hollywood, FL as company HQ is located in a second rate area and their name does not appear on any buildings there according to Google Earth/Maps. Maybe they very recently moved and the maps haven't updated. The offering says they are "formerly known as" Car Charging Group, which does show up in a bank building in Miami Beach in MapQuest and Google Maps. That's the company name in Wikipedia. I've never heard of the underwriters or anyone else associated with the offering. Since I'm not investing, that doesn't particularly disturb me, but what concerns me is whether the company is in trouble. My home Blink Level 2 EVSE has worked great since 2011 (other than one burned out circuit board which they promptly replaced at no cost) but their QC units have had reliability problems, I believe. I no longer even try to QC. They're trying to raise money and they changed their name. Whether that's due to problems or due to a plan to expand, I don't know. I just want to know that someone will be there to replace or fix my unit in the future. The company operates at a loss according tot he offering. If anyone knows anything about this, please share.