Momentus (NASDAQ: MNTS) - Space SPAC, labeled as a fraud by SEC

In this screen-share, David goes over the beginnings of how Momentus came about and how they got listed through a SPAC in June 2020. The SEC investigated Momentus (NASDAQ: MNTS) in July 2021 and by August 2021 the SEC concluded it's investigations of the company and labeled it a fraud. The company was sued by the SEC and had it's valuation decreased from $1.13 billion to $567 million after sanctions and penalties were imposed. On top of all of this, Momentus' water plasma propulsion system is a dud and the company is a worthless scam that is making a mockery of the capital markets.

Full Short Report: https://whitediamondresearch.com/research/momentus-is-the-worst-space-themed-spac-labeled-by-the-sec-as-a-fraud/

SEC Complaint: https://www.sec.gov/litigation/complaints/2021/comp-pr2021-124.pdf