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Current Share Price: 4.330 
Hindenburg Research
Initial Report Date(2020/12/15)Share Price:7.240  
Loop’s “Independent Review” Of Its Technology Falls Flat
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Our original report asked management 15 questions, ranging from why Loop’s initial funding was facilitated through a convicted stock felon to why the company’s two top scientists were in their 20s with no post-graduate education in sciences. Those questions all remain unanswered. It appears the market may have already started to figure out what we reveal in this report, as Loop stock has fallen precipitously since the company released the “independent review”. We remain short Loop’s stock with a price target of $0 and continue to strongly believe that Loop’s claimed technological advancements do not exist.
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