ALPP - Alpine 4 drops after revealed as new short call from Grizzly Research

Alpine 4 Holdings (ALPP) dropped 7.2% as Grizzly Research released a new short report.Grizzly alleges that Impossible Aerospace, the drone maker that Alpine acquired last year, has no production facility and the company appears "completely defunct."Grizzly claims that on the ground investigation and neighboring companies had not seen activity in months at the purported facility.The short report also claims that Vayu, Alpine's latest acquisition, appears to be a "shell" of a company that may never be "economically viable."ALPP short interest 2.5% of float.Recall Jan. 14, DouYu a new short call at Grizzly Research.Recall Oct. 22, Grizzly calls SPI Energy 'egregious pump and dump'.

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Alpine 4 drops after revealed as new short call from Grizzly Research