They told us: Even the spokesman for Randy Marion Automotive during his test drive for advertising the vehicle exclaims: Its topping out at 20 miles per hour, thats full throttleit drives basically like a golf-cart.. ZIP. Our cloud-based platform creates a seamless, end-to-end connected lifestyle solution that provides users visibility, insight and a powerful means to help protect and connect . The Buyer Put Right Returnable 1 year later! Allegro MicroSystems is a leading global designer, developer, fabless manufacturer and marketer of sensor integrated circuits (ICs) and application-specific analog power ICs enabling emerging technologies in the automotive and industrial markets. This investor presentation (the "presentation")is for information purposes only to assist interested parties in making their own evaluation with respect to the possible transaction (the "Transaction")between Forum Merger III Corporation ("Forum")and Electric Last Mile, Inc. ("ELMS"). We asked workers how many assembly line workers were there currently? they replied: Well let me say there are a lot of bosses but not many workers.. If you experience any issues with this process, please contact us for further assistance. Further, any report on this site contains a very large measure of analysis and opinion. Latest Presentation Mar 1, 2023. Q4 2015 Generac Holdings Inc. Earnings Conference Call. Prior to his role as CEO of SERES, he was at Karma Automotive as Chief Revenue Officer. Shares of Electric Last Mile Solutions (NASDAQ:ELMS) are plummeting lower by more than 60% after the company announced that it would liquidate its assets through a Chapter 7 bankruptcy filing. Virtually every other EV manufacturer has long backlogs and no inventory available for sale, let alone a significant amount of inventory sitting around available for sale on a lot. You knowingly and independently agree to submit to the personal and exclusive jurisdiction of the state and federal courts located in California and waive your right to any other jurisdiction or applicable law. Quick Links. RYVYL OFFERS THOUGHTFUL PAYMENT SOLUTIONS BUILT ON THE STRENGTH OF BLOCKCHAIN. Mass Exodus in C-Suite CTO & GC also resign in November 2021; CEO & Chairman Feb 1,2022. SERES [SF Motors] had shut down the team and were stuck with that factoryIt would have been pretty bad if SERES had to write-down the factory. Read our FAQ. It was trading at USD 250 (post 5:1 stock split and 3:1 . Stifel 2015 Industrials Conference. The imported vehicles that arrive from China and are already assembled and include both the essential EV parts: Motors, Batteries, Chassis but even the doors, windows, etc. It's important to create a cohesive story that grabs the attention of the investors right off the bat. However, such information is presented as is, without warranty of any kind, whether express or implied. We believe that ELMS has falsely claimed that their vehicles are produced and manufactured in the USA: ELMS claims to investors & customers include: ELMSs Innovative Urban Delivery Vehicle is really a Wuling New Energy Cargo Van EV50 (G100 series) which is currently available for sale starting for $13,500 (a ~60% discount to ELMS US price). NT 10-K Filing. The EV company had initially planned to import EV delivery vans for China and assemble them at a General Motors (NYSE:GM) plant. Investor Presentations. Did the former CFO, CTO, and GC know something that the market still hasnt priced in? Super Group has provided first-class entertainment to the worldwide betting and gaming community for over 20 years. We had the [Urban Delivery] for over a monthit was pretty much a slight upgrade from our golf-cartswhen comparing the [ELMS] vs our golf carts. This is a university level policy., Salesmen also think the vehicle is most comparable to a Golf Cart.. Jim was a nice guy, but a colossal idiot.. ELMS followed the Lordstown Motors pre-orders playbook and began announcing impossibly high pre-order numbers straight out of the gate. Michigan State University (MSU) Free pilot concluded & no order placed: MSU did a pilot in Dec 2021 which was announced to much fanfare. View All Presentations; Investor Email Alerts. Investing Mullen (NASDAQ: MULN) is a Southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions and electric vehicles. 1125 N. Charles St, Baltimore, MD 21201. VP, IR and Sustainable Development, isabelle.adjahi@thelionelectric.com
Fuzzy Panda and the Fuzzy Panda Affiliates do not render investment advice to anyone unless they have an investment adviser-client relationship with that person evidenced in writing. Baird Industrial Conference - November 10, 2015. By providing your email address below, you are providing consent to Lion Electric Co. to send you the requested Investor Email Alert updates. The events schedule will be published shortly. Minority or majority investments, growth capital or liquidity for founders and early investors. Kuaishou has relentlessly been focusing on serving its customers and creating value for them through the continual innovation and optimization of its products and services. ELMS logo had been added. Luxury Goods. Past Events. In March, the company had announced it was under investigation by the U.S. Securities and Exchange Commission (SEC). The events schedule will be published shortly. This presentation (together with oral statements made in connection herewith, this "Presentation") is provided for informational purposes only and has been prepared to assist interested parties in making their own evaluation with respect to a potential business combination between Lion Buses Inc. (d/b/a The Lion Electric Co.) ("Lion Electric" or SERES announced they were halting production back in July 2019. If you download or receive the contents of reports or other materials on this site as an agent for any other person, you are binding your principal to these same Terms of Service. Session 3A - Banking on Data. FY22 Q1 Earnings Release Presentation If you experience any issues with this process, please contact us for further assistance. Events and Presentations | Lilium N.V. Events and Presentations Upcoming Events Mar 16, 2023 JP Morgan 2023 Industrials Conference Add to Outlook Add to Google Calendar Past Events Dec 21, 2022 at 2:00 PM CET General Meeting 2022 Dec 6, 2022 at 8:00 AM EST Q3'22 Business Update Webcast Webcast 2022 Q3 Letter to Shareholders Presentations are particularly important to small. You can sign up for additional alert options at any time. We visited the ELMS factory at 12900 McKinley Highway, Mishawaka, Indiana multiple times during the middle of the workday in January 2021 to see if there was a chance that import-export records were incorrect and that ELMS was actually manufacturing or producing any vehicles on-site. Blink Charging T: 855-313-8187 IR@BlinkCharging.com. After submitting your request, you will receive an activation email to the requested email address. Often when speaking to an entrepreneur, they share absolute gold about . The Investor Relations website contains information about Nano-X Imaging LTD.'s business for stockholders, potential investors, and financial analysts. If you experience any issues with this process, please contact us for further assistance. Feb 02, 2023 04:30 PM ET. Empire Stock Transfer Inc. 1859 Whitney Mesa Dr. Henderson, NV 89014 He was initially based in Melbourne, where he managed derivatives and . Reported revenue is actually returnable and improperly booked. COMPANY HIGHLIGHTS 26.3 Mi Market cap 1.3 Bi Third Quarter 2022 Processing Volume 22.5 Mi The most we saw in any visit was ~35 vehicles another trip. Worldwide Stock Transfer 433 Hackensack Ave Level L They booked their first revenue and deliveries in Q3-2021. This is because an earlier investigation found that the companys financial statements were inaccurate. ELMS More than 30 years at General Motors, serving as the President of Cadillac and CEO of Hummer. You must click the activation link in order to complete your subscription. You agree that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to this report or the material on this website must be filed within one (1) year after such claim or cause of action arose or be forever barred. Mark Komonoski Investor Relations 877-255-8483 mark@metamaterial.com Transfer Agent First American Stock Transfer 4747 N. 7th St. Suite 170 Phoenix, AZ 85014 602-485-1346 www.FirstAmericanStock.com The companys market capitalization peaked at $1.4 billion shortly after its market debut. ELMS is importing fully assembled Chinese vehicles and misleading their customers by saying they were Made in the USA or Produced in Mishawaka, Indiana.. If you are a potential ELMS customer you can import the very same electric vehicles 50% cheaper directly from Wuling Automotive or Yuejin (starting at $13,500). Analyst Day 2022. The ELMS management team, led by CEO and co-founder James Taylor, combines executive experience from GM, Workhorse, FCA, BMW, Key Safety Systems, and other leading OEMs and Tier 1 manufacturers,. Events & Presentations. DEFINE PAYMENTS ON YOUR OWN TERMS. Their vehicles are made and assembled in China, not manufactured in the USA. 1 0 obj
Lordstown is under DOJ and SEC investigation for creating fake pre-orders. . endobj
Investor Relations. Session 2 - Axis 2.0 Digital Bank. If you experience any issues with this process, please contact us for further assistance. Former Chairman and CEO of Workhorse. As a result, the company has yet to file its 2021 annual report and Q1 2022 earnings report. The average weight of the 2021 imported vehicles is 3,135lbs which happens to be almost the exact weight of the ELMS Urban Delivery Vehicle according to the companys specs. A new presentation will be published shortly. WE CHALLENGE WHAT EXISTS FOR THE BENEFIT OF ALL. You must click the activation link in order to complete your subscription. Unfortunately for new management and ELMS investors, based on our extensive research into ELMS we think this is just the tip of the iceberg. Import-Export records once again confirm that the ELMS Urban Utility is coming direct from China as a fully built vehicles. Investor Relations . 36. Weve spoken with multiple of ELMS customers who piloted the ELMS Urban Delivery Vehicle for FREE. presentation, and Forum III's filings with the SEC for a discussion of the risks that can affect the business combination, Forum III's business, and the business of the . Ginkgo has also actively supported a number of COVID-19 response efforts, including community testing, epidemiological tracing, vaccine development and therapeutics discovery. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Yet ELMS decided to purchase the Mishawaka Factory for $197.6 million. Detailed information on stock Next Event More events are coming soon. ELMS 45,000 non-binding Pre-order History: When we have spoken with ELMS employees and management and asked who these mysterious pre-orders were from and how ELMS was able to generate large orders so quickly. The company decided to pursue Chapter 7 after a comprehensive review of the companys products and commercialization plans showed no better options for shareholders. Sign up today. Arrival has developed a revolutionary process of design and production - an entirely new approach to creating electric vehicles. MSU administrators we spoke with said the vehicle ran fine but they didnt order it because the ELMS Urban Delivery performance was only slightly better operationally than MSUs current EV golf-carts but ELMSs vehicles were too expensive. Jim was not only a former Workhorse Group CEO & Chairman himself but also but he was also the chairman and mentor that oversaw Steve Burns as CEO. ELMS announced generating 30,000 pre-orders and are going public , ELMS update market they have more than 45,000 pre-orders . Stem Inc. - Stock & Financials Stock & Financials Stock Quote Price $7.96 Volume 223,021 Change + 0.14 % Change + 1.79% Today's Open $7.96 Previous Close $7.82 Intraday High $7.99 Intraday Low $7.82 52 Week High $18.02 52 Week Low $5.72 Pricing delayed by 20 minutes. He acts mostly as a puppet for the Chairman. (please see additional disclosures). We are now a publicly-traded company as of November 5th, 2021. The lack of assembly or modifications by ELMS is also shown by the fact that Wulings EV50 had the same specs as the ELMS Urban Delivery Vehicle. The average of all the 385 Wuling Electric Cargo Vans imported by ELMS in 2021 (see appendix B import records) happens to be 1422 kg per vehicle or 3,135 LBS. Shauna McIntyre has served as interim CEO in the meantime. LEARN MORE (10-k pg 27). Xos is a leading manufacturer of fully electric, zero-emission medium- and heavy-duty commercial vehicles, powertrain components, and charging infrastructure. Sign up below to get this incredible offer! Source: Shutterstock. Minimum 15 minutes delayed. During the middle of one weekday, we discovered a total of just 13 vehicles in the ELMS employee parking lot. Corporate Profile. ELMS managed to come public at a $1.4 billion valuation. 2U, Inc. Fourth Quarter and Full Year 2022 Earnings Call. Where regulators might have found that ELMS crossed the line into illegal territory is regarding their binding orders and revenue recognition with Randy Marion Automotive. Investor Presentation - March 2016. Required fields denoted by an asterisk (). At Lion Electric Co., we promise to treat your data with respect and will not share your information with any third party. Gateway Investor Relations Matt Glover & Tom Colton T: 949-574-3860 [email protected] Transfer Agent. He writes for InvestorPlaces Todays Market team, which centers on the latest news involving popular stocks. ELMS was founded by another former Workhorse CEO and we think ELMS will end up the same way as both Lordstown and Workhorse. ELMS is yet another Workhorse-connected casualty founded by another former Workhorse CEO. SERES co-CEO in mid-2020 that was none other than James Taylor. The failure of Fuzzy Panda to exercise or enforce any right or provision of these Terms of Service shall not constitute a waiver of this right or provision. Copyright Multiple employees described SERES (owned by Sokon) as being stuck with the factory. Announces $13.75 Million Investment from Existing Investors. By providing your email address below, you are providing consent to Electric Last Mile Solutions, Inc. to send you the requested Investor Email Alert updates. Investor Relations. Five Elms is the ideal partner for leading B2B software companies We invest $5-75 million in companies with $2-20 million in revenues. All of these C-suite exits coincide with ELMS decision to start booking revenue from the Randy Marion shuffle. Canaccord Genuity Growth Conference - August 12, 2015. After submitting your request, you will receive an activation email to the requested email address. These forward-looking statements generally are identified by They therefore stand to realize significant gains in the event that the prices of either equity or debt securities of the subject companies decline. Minimum 15 minutes delayed. Session 6 - MSME. FRONT >> Pres > View All. They all decided to RETURN the vehicles without placing an order. 5 Investors Betting Big on Exela (XELA) Stock in 2023, ELMS Stock Plunges 60% as Electric Last Mile Announces Liquidation. Turns out Jim is both. ELMS claims to be one the first of the new SPACtacular EV companies to generate revenue. ELMSs major customer is Randy Marion Automotive Contracts show that Randy Marion has the right to RETURN all the vehicles purchased from ELMS. By downloading from or viewing material on this website and/or by reading this report, you agree to the following Terms of Service. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Thus, excluding the factory payment liability ELMS really only has ~$66.4m or ~$0.56 per share as of 12-31-2021 and since ELMS is currently burning an estimated $11.25m per month that puts them at ~$55m or $0.47 today. Allegro MicroSystems is a leading global designer, developer, fabless manufacturer and marketer of sensor integrated circuits (ICs) and application-specific analog power ICs enabling emerging technologies in the automotive and industrial markets. The curb weight of the ELMS Urban Delivery Vehicle = 3,133 LBS! Glassdoor reviews at SERES are even less kind to Jim than the employees we spoke with: [SERES] current US CEO, [James Taylor], is a washed out (failure) from another Chinese funded train wreck, Karma Auto. The best pitch decks start with a real problem. According to ELMS order agreement with used and new car dealer Randy Marion Automotive Group, all the vehicles ELMS has sold to them are actually eligible for return via a Buyer Put Right. Thus, Randy Marion is able to return any unsold inventory to ELMS (pg 5). Session 3B - Tech for Change. James Taylors first move as ELMS CEO was to commit a significant amount of his investors capital to buy a factory from his former company and keep them from writing off an idled factory. Arlo combines an intelligent cloud infrastructure and mobile app with a variety of smart connected devices that transform the way people experience the connected lifestyle. Leading medium and heavy-duty urban electric vehicle platform targeting significant total addressable market in the U.S. and Canada Winning commercial strategy: established relationships with top tier players and substantial pipeline 12+ years of all-electric vehicle R&D and manufacturing experience provides in-house industry expertise View Presentation. Copyright 2023 InvestorPlace Media, LLC. BSE India. We spoke with a former GM colleague of Jims to see if a horrible related party deal was something he was likely to execute. <>>>
2023 InvestorPlace Media, LLC. Eddie Pan specializes in institutional investments and insider activity. Inspired to innovate, Allegro MicroSystems is redefining the future of sensing and power semiconductor technologies. Lorem ipsum dolor sit amet, consectetur adipiscing elit. May 10, 2022. Pantheon Resources plc is an oil and gas exploration, appraisal and development company listed on Londons AIM market with a 100% working interest in a number of high impact projects located onshore Alaska, USA, advantageously located adjacent to pipeline and transport infrastructure. . If you are not a registered adopter, we highly encourage you to register online.Once fully registered, you will remain registered with Muddy Paws Rescue for one year and can email our Matchmakers at adoptionmeetings@muddypawsrescue.org when you see a dog below that you think could be a good fit for you! Innovation with Purpose. Formers employees told us that in 2020 the parent company was intending to take a large write-down on the factorys asset value. XBRL. Click below to download this software. You further agree to do your own research and due diligence before making any investment decision with respect to securities covered herein. At Electric Last Mile Solutions, Inc., we promise to treat your data with respect and will not share your information with any third party. Unfortunately, there were too many obstacles for us to overcome in the short amount of time available to us.. "I want to assure all our stakeholders, including customers, suppliers, investors and employees, of our continued focus and dedication to the Companys ongoing business and mission." Presentation. PDF . Explore our electric vehicle products and see for yourself the extended benefits that are included. This is the same ELMS factory that is supposed to be producing 300-500 vehicles in Q4-2021. If you are an investor, you and really wanted to invest in class 1 EV vehicles then you could even buy Wuling Automotives stock (0305.HK or WLMTF) at a 26x P/E and a 15% lower market cap. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Shares of ELMS stock are now down more than 95% year-to-date. It's an opportunity to show how you came up with that idea and why you're so passionate about it. ELMS former CFO, Albert Li, left less than 5 months after the company went public. A new method for radical impact. <>
To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. A new presentation will be published shortly. T: +44 20 7484 5361 / E: contact@pantheonresources.com, T: +44 20 7484 5359E: contact@pantheonresources.com, USA, North Slope Alaska Oil Appraisal and Development. PDF HTML. LinkedIn records indicate there are only 16 ELMS employees in that South Bend area. Its background really lies in the remains of a different failed Chinese EV start-up known as SERES/SF Motors. Burns is the disgraced Lordstown Motors's CEO. Upcoming Events. 65. Overview Investor presentations and pitch decks by companies in Consumer Cyclical sector Filter. There is little to no demand and pilot customers arent ordering. LEADERS TURN WHAT WAS, IN TO WHAT IS, AND WHAT WILL BE. GreenPower Investor Presentation KEEP UP WITH OUR LATEST UPDATES! Presentations. Electric Last Mile will pursue a Chapter 7 bankruptcy process. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. If you are in the United Kingdom, you confirm that you are accessing research and materials as or on behalf of: (a) an investment professional falling within Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the FPO); or (b) high net worth entity falling within Article 49 of the FPO. Fuzzy Pandas research and reports express their opinions, which are based upon generally available information, field and online research, and inferences and deductions through due diligence and the analytical process. You must click the activation link in order to complete your subscription. Weve got like 250 of them on our lot right now, we got a lot of them on our lot and they [ELMS] just ship to us and they just produce them and ship them direct to our lot.. You represent that you have sufficient investment sophistication to critically assess the information, analysis and opinion on this site or in this report. A Chapter 7 filing allows a company to liquidate its assets in order to pay off creditors. =BVIluaM59x^69=]j!+m{a%C/U
]v% 5jh.ocsIS&D,'zCO>jsZBe.DV3]U,FO]sV"&ow;/%]:k'L?r^ Allegro's diverse product portfolio provides efficient and reliable . If you have obtained Fuzzy Pandas research in any manner other than by downloading from that link, you may not read such research without going to that link and agreeing to the Terms of Service. As of 1-31-2022 we believe ELMS only has ~4.9 months of cash remaining. quotes delayed at least 15 minutes, all others at least 20 minutes. EVgo is the nation's largest public fast charging network for electric vehicles, and is powered by 100% renewable energy. In no event will you hold Fuzzy Panda or any affiliated party, including officers, directors, employees and agents of Fuzzy Panda or any companies affiliated with them, liable for any direct or indirect losses caused by any your use of information on this site. Session 5 - Bharat Shining. We suspect ELMS bought their Mishawaka factory to bail out the company that ELMS founder and CEO was running right before creating ELMS. SEC Filings; News; Governance Documents; Contact Us. The large scale of our operations, conducted in partnership with specialist hosting center operators, makes our network of miners highly secure, without heavy capital expenditure or maintenance costs Our >39,000 miners produce a hash rate of 2.7 EH/S at maximum capacity, with 4,396 bitcoins earned to date You must click the activation link in order to complete your subscription. Session 1 - GPS Strategy Execution. Import-export records show that thus far ELMS have imported an estimated 385 Urban Delivery Vans in 2021 and another 20 in 2022. As the backbone of commerce Symbotic transforms the flow of goods and the economics of supply chain for its customers. Ideal partner for founders ELMS appears to be misleading both investors and customers and is actually importing fully built EVs from China. 3 0 obj
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With more than 850 fast charging locations, EVgo's charging network serves over 60 metropolitan areas across 30 states, owns and operates the most public fast charging locations in the U.S. and serves more than 500,000 . Latest Presentation Jan 11, 2023 Investor Presentation View Presentation View All Presentations Recent Event Feb 7, 2023 10:00 am MST Special Meeting of Stockholders View All Events Latest Financial Results Q3 2022 Quarter Ended Sep 30, 2022 Earnings Release PDF HTML Audio Earnings Webcast Earnings Presentation PDF Transcript PDF 10-Q PDF HTML XBRL ELMS, which will bring to market what we believe will be a transformative electric See active subscriptions. This factory purchase price only makes sense when you understand who ELMS CEO was buying the factory from. doKwE2%Pp+%*hQ)1!^>I='akgm&'h$JD|1 Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. You further agree that you will not communicate the contents of reports and other materials on this site to any other person unless that person has agreed to be bound by these same terms of service. The factory was shut down when ELMS bought it. 450-432-5466. Their stock wouldve taken a massive hit.. At Electric Last Mile Solutions, Inc., we promise to treat your data with respect and will not share your information with any third party. Note We do not believe ELMS have done anything illegal regarding pre-orders as ELMS were able to legally cover their bases in terms of describing the orders as non-binding and cancelable. Regarding pre-orders they have effectively stayed in the grey area. Investor Relations Corporate Profile. Arrival Third Quarter 2022 Financial Results Webinar, Arrival Second Quarter 2022 Financial Results Webinar, Deutsche Bank Global Auto Industry Conference, Arrival First Quarter 2022 Financial Results Webinar, Jefferies/BNP Paribas Exane Spring Autos Conference, Arrival Fourth Quarter 2021 Financial Results Webinar, Arrival Third Quarter 2021 Financial Results Webinar, BofA European Autos and Future Car Conference. Lions current development pipeline consists of six additional all-electric urban vehicl. Electric Last Mile will be the first post-SPAC electric vehicle (EV) maker to file for bankruptcy. Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the Investor Presentation to be made at the Investors Conference scheduled to be held on February 28, 2023 is enclosed herewith. Kuaishou is a leading content community and social platform with its mission to be the most customer-obsessed company in the world. We're empowering communities to unlock true sustainability. SEC reports also show ELMS did not yet receive any cash from the Q3 booked sales. After submitting your request, you will receive an activation email to the requested email address. Representatives we spoke with said that Notre Dame still havent placed an order and that they would at least need to do additional testing in the winter before considering ordering. The big idea that lead to the business idea. Nasdaq November 22, 2022 08:30 AM ET Super Group is the holding company for leading global online sports betting and gaming businesses: Betway, a premier online sports betting brand, and Spin, a multi-brand online casino offering. 41. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>>
We aim to provide clear and comprehensive information about JTC PLC that is easy to find and easy to use. We believe ELMS needs to raise more capital immediately. However, sales reps at Randy Marion (the only authorized ELMS dealer) told us in January 2022 that they currently have ~250 available on their lot today. Investors can read our past Trend Investing article: "Tesla - A Look At The Positives And The Negatives", where we rated the stock a buy. www.raymond.in. Symbotic reinvents the warehouse as a strategic asset for the worlds largest retail, wholesale, and food & beverage companies. ALL TEXT & IMAGES COPYRIGHT PANTHEON RESOURCESPRIVACY POLICY / COOKIES POLICY, Investor Presentation (Alaska) September 2019, Investor Conference Call Presentation 2009, Focussed high-impact US natural gas exploration potential. We discovered that the imported Chinese vehicles have actually been sold via an agreement that according to GAAP should be considered CONSIGNMENT which should NOT be booked as revenue. The hype driven management that took the company public 6 months ago (CEO, CFO, CTO, Chairman, GC) have now all jumped ship. Industry. $11.1M. A month before that, the company announced the unexpected resignations of its CEO and chairman. The company is embroiled in regulatory investigations; job opportunities for hardworking Midwesterners lost; and the stock down >80%. 12900 McKinley Highway, Mishawaka, Indiana, Workhorse Group: Active SEC Investigation + Fake Orders + Lost to Two EVs in USPS Bid + New EVs Already Breaking Down = Glue Factory for Workhorse, EVGO A Broken ESG Company Connected to Jeffrey Epstein, Lordstown Motors has a DOJ and SEC investigation and is -82% since its fake order book faade was blown off by, Workhorse Group has a DOJ and SEC investigation and is -86% since, Import Records show ELMS is importing fully assembled Chinese vehicles and trying to pass them off as Made in the USA..