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Legacy Lordstown Motors is a subsidiary of NU Ride Inc.
Lordstown Motors became a subsidiary of $NRDE and operates as it's own entity. FACT
Both vehicles were NOT included with the Burns agreement.
Burns bought the Edurance line and platform ONLY (see filings)
$NRDE NU Ride Inc. Owns everything else including the 90acres of property that adjoins the plant that is zoned Industrial.
It's all in the filings. Short sellers should take notice and be prepared.
Just one announcement, destroys shorts at the drop of a hat.
The Legacy Lordstown Motors is a subsidiary of NU Ride Inc.
Lordstown Motors became a subsidiary of $NRDE and operates as it's own entity. FACT
Both vehicles were NOT included with the Burns agreement.
Burns bought the Edurance line and platform ONLY (see filings)
$NRDE NU Ride Inc. Owns everything else including the 90acres of property that adjoins the plant that is zoned Industrial.
It's all in the filings. Short sellers should take notice and be prepared.
Just one announcement, destroys shorts at the drop of a hat.
Watch how this post gets attacked by a stalker and basher from another board. who followed me here.
***** Absolutely not !!! These pictures of vehicles have squat to do with NRDE ( PU Ride ) - whoops
ENOUGH SAID
***** LMAO !!! NOPE !!! these asre not NRDE ( PU Rides ) vehicles period !!!
#STOPLYING
ENOUGH SAID
Good Luck with that. These are $NRDE property!
Lordstown Motors became a subsidiary of $NRDE and operates as it's own entity. FACT
Both vehicles were NOT included with the Burns agreement.
Burns bought the Edurance line and platform ONLY (see filings)
$NRDE NU Ride Inc. Owns everything else including the 90acres of property that adjoins the plant that is zoned Industrial.
It's all in the filings. Short sellers should take notice and be prepared.
Just one announcement, destroys shorts at the drop of a hat.
Watch how this post gets attacked by a stalker and basher from another board. who followed me here.
***** Those are not pictures of NRDE ( PU Rides ) vehicles !!! - they have none -- whoops
ENOUGH SAID
Exactly and the lawsuit will determine where NU Ride Inc. hangs it's hat. NU Ride Inc. First Day Motions on the website explains how LMC was awarded the plant without interruption. NU Ride Inc. found it important to include that on the new website.
Both companies are under NDA's because Foxconn is being sued for Billions.
Any info is rare and why you are responsible for conducting your own DD like I and I will share what I find through my personal deep dive DD as I know where to look.
You can verify that this BEV? is not a Chev, Ford, Rivian, Toyota, VW, BMW or even a Volvo by looking at the emblem on the hood.
TaaDaa! Check it out, it's right on the front.
That photo is real and came from an employee. LMC had a deal with Camping World that was put on hold because of the Endurance. This pic came out after Burns bought the Endurance Assets Only.
The Model C platform is a part of the MIH EV agreement witch remains in fraud case against Foxconn.
This one is a LMC model that stands alone. I suspect once lawsuit is finalized for Billions, that LandX may finalize an agreement that attaches their unique emblem to this model. These vehicles are real especially the Van. The new CEO and 5 member BOD are on it but because of the court ordered NDA, Mums the word.
I don't care about buying or selling. Everyone is responsible for their own DD. Because of the massive insider buying, I'm hoping for the best.
***** Exactly ! trying to mislead new investors to recoup massive losses NRDE ( PU Ride ) is a shell - no vehicles - no plant - no nada
Both companies are under NDA's because Foxconn is being sued for Billions.
Any info is rare and why you are responsible for conducting your own DD like I and I will share what I find through my personal deep dive DD as I know where to look.
You can verify that this BEV? is not a Chev, Ford, Rivian, Toyota, VW, BMW or even a Volvo by looking at the emblem on the hood.
TaaDaa! Check it out, it's right on the front.
That photo is real and came from an employee. LMC had a deal with Camping World that was put on hold because of the Endurance. This pic came out after Burns bought the Endurance Assets Only.
The Model C platform is a part of the MIH EV agreement witch remains in fraud case against Foxconn.
This one is a LMC model that stands alone. I suspect once lawsuit is finalized for Billions, that LandX may finalize an agreement that attaches their unique emblem to this model. These vehicles are real especially the Van. The new CEO and 5 member BOD are on it but because of the court ordered NDA, Mums the word.
I don't care about buying or selling. Everyone is responsible for their own DD. Because of the massive insider buying, I'm hoping for the best.
Ya right, LoL Who's making the new prototypes then and Why?
This platform are already road tested and crash test approved.
Hindenburg and it's affiliates are sure to be clobbered when announced. That's the secret and why insiders are buying heavy.
I didn't build these state of-the-art EV's. LMC/NRDE did. Do The Math! Nobody here were even aware of the monster lineup until I posted them. Shouldn't a true investor know these things?
There's always Fisker or Rivian if worried about $NRDE and it's shareholders. 700,000 shares were recently purchased by a single insider totaling $1.25million. Why do you think he would do that being a new Director and all. I suspect big things are in the making.
I feel a major blast off is coming with $NRDE and I explained why but that's just me. It is what it is...
$NRDE Nothing but the best.
$NRDE will win billions in suit against Foxconn. They were already given the plant back in first day motions.
Getting ready to rocket.
I can smell a large win against Foxconn, right around the corner. Even Fisker parted ways with Foxconn and the writing is on the wall.
***** Wrong ! those are not NRDE ( PU Ride ) vehicles they have no facility to build any vehicles - whoops
ENOUGH SAID
A super huge win against Foxconn explains BOD.
This will run strait to $100 pps and beyond with such a small SS and win over Foxconn.
Then depending on how high NRDE will go, Forward Splits are already pre-planned before NYSE listing.
All it takes is one CEO to dissolve the new company but they have the CEO and 5 brand new, fantastic Directors, all involved with Financial Investment Banks leading the way. Something Huge is being planned. Very Huge!
I can smell a large win against Foxconn, right around the corner. Even Fisker parted ways with Foxconn and the writing is on the wall.
Activity on Lordstown Motors LinkedIn account. Great News!
I just saw this on my LinkedIn feed. It seems that the LMC LinkedIn account has "Liked" a post by Amerit Fleet Services from just 4 days ago.
Who has access to this account, and why would they like a post by Amerit?
I understand that just prior to bankruptcy they announced Amreit would be providing fleet support for Lordstown customers, but since that never developed, why the interest? Why do they care?
The closing of the transactions contemplated by the LandX Asset Purchase Agreement occurred on October 27, 2023, at which time the Purchaser acquired substantially all of the assets held for sale of the Debtors related to the design, production and sale of electric light duty vehicles focused on the commercial fleet market free and clear of liens, claims, encumbrances, and other interests, and assumed certain specified liabilities of the Debtors for a total purchase price of approximately $10.2 million in cash.
The Lordstown LinkedIn account is an asset of it's own and just judging by what the account has recently liked, it should be apparent that the account owner is very much still engaged in the "sale of electric light duty vehicles focused on the commercial fleet market."
The account will likely see a rebranding soon enough
I thought the company was just going to be a holding company, to hold the assets while he tried to find an OEM that would build vehicles for him. But he actually hired a large number of employees from LMC, Foxconn and elsewhere. They are even hiring!
I have no idea how he thinks he will be able to build anything.
In the lawsuit against Foxconn, LMC claimed "billions" in damages. If they actually win and get awarded near that, I would think Foxconn would turn the plant back over to them. If they got the plant back, and a good amount of cash, who knows what could happen?
It just seems weird that not only is Burns talking like he's going to be able to build vehicles, he's actually spending money on employees. That seems very weird to me
***** NRDE ( PU Ride ) is a shell company and will never amount to anything - they will crushed
Changing the world ???
ENOUGH SAID
Excellent Sign! $NRDE is going to change the world. Many buffoons can't handle the truth is all.
Excellent SS, CEO and new Board Of Directors.
$NRDE is going places in a big way and will win judgement over Foxconn for Billions, together with the plant as NU Ride Inc. holds the keys to the plant through court order on their website.
It's already a win, win before the ball begins to roll.
I'm being stalked on every post. Excellent Sign! $NRDE is going to change the world.
***** BUYER BEWARE !!! Insiders going to run NRDE ( PU Ride ) to bankruptcy
ENOUGH SAID
No, I didn't. Nobody has time for that.
***** NU Ride needs to fire its promotional awareness campaign manager asap
ENOUGH SAID
***** LOL ! There's nothing happening here period NRDE ( PU Ride ) insiders buying here means squat to retail investors - whoops
ENOUGH SAID
Nope, Insiders Buying Large, Here's the link.
https://www.otcmarkets.com/filing/conv_pdf?id=17420221&guid=X_Q-kqOqQl3AB3h
And that's just one of them. Click away at the others. It's a great sign when insiders are buying in that large. Very good sign, Trading 101 LoL SMH
***** BUYER BEWARE !!! Insiders going to run NRDE ( PU Ride ) to bankruptcy
ENOUGH SAID
1,097,132 share buy in by insiders. 16million issued Looking Good.
***** Funny ! strong sell on many platforms NRDE ( PU Ride ) is toast -- whoops
ENOUGH SAID
Strong Hold on all boards. Going to blow.
***** Theres no massive buy in period ! NRDE ( PU Ride ) nothing cooking here
ENOUGH SAID
Massive Buy In. Looking really good. Somethings Cooking. Seriously.
One must pay attention first, to know what's really going on.
Nu Ride's new five-person board is expected to appoint William Gallagher, managing director of M3 Partners — a transaction advisory firm in New York — as Nu Ride's president and CEO, according to the regulatory filing.
Gallagher faced a situation similar to Nu Ride as CEO at WMIH Corp., the public acquisition corporation that succeeded Washington Mutual Inc. — the parent of WaMu Bank in Seattle that was seized by federal thrift regulators in fall 2008. By January 2015, the shell company left over from the failure of Washington Mutual had raised close to $600 million to pursue acquisitions of financial companies that could benefit from its huge, tax-deductible losses, according to a report by the Seattle Times.
Gallagher took over as leader of WMIH in May 2015 "to oversee its acquisition strategy and manage its day-to-day affairs," according to M3 Partners.
He was responsible for "reviewing, vetting and analyzing a large number of potential target companies from a variety of different sectors and industry groups," M3 says.
"Ultimately, WMIH acquired Nationstar Mortgage Holdings to form Mr. Cooper Group," M3 says. Gallagher departed from WMIH after closing the Nationstar acquisition in July 2018.
Bill Gallagher has more than 35 years of experience in finance, investment and financial restructurings. He brings deep expertise in credit analysis and has long-term management experience in the financial services industry.
Prior to joining M3, Bill was the Chief Executive Officer at WMIH Corp (NASDAQ:WMIH), a public acquisition corporation which was the successor to Washington Mutual, Inc., from May 2015 to July 2018. Bill was recruited to WMIH to oversee its acquisition strategy and manage its day-to-day affairs. While there, he worked closely with WMIH’s strategic financial partner, Kohlberg Kravis Roberts & Co. At WMIH, Bill’s responsibilities included reviewing, vetting and analyzing a large number of potential target companies from a variety of different sectors and industry groups. Ultimately, WMIH acquired Nationstar Mortgage Holdings (NYSE symbol NSM) to form Mr. Cooper Group (NASDAQ:COOP). Bill departed from WMIH upon the closing of the acquisition of Nationstar as his job at WMIH was completed.
Prior to WMIH, Bill was CEO and Chief Risk Officer at Capmark Financial Group, formerly known as GMAC Commercial Mortgage (from March 2009 to May 2015). Bill was retained by Capmark to manage its financial restructuring following the global economic crisis and was responsible for the management of the company’s day-to-day affairs, the restructuring of both the company and its assets (including its $15 billion commercial loan portfolio), its bankruptcy process, and its winding down and distribution of assets to creditors and other stakeholders. Capmark was a highly successful restructuring as Bill and his colleagues significantly increased the recovery value to Capmark’s creditors.
Before joining Capmark, Bill was the Chief Credit Officer of RBS Greenwich Capital, the US fixed income investment banking business of the Royal Bank of Scotland, where he was responsible for all aspects of credit risk management. While at RBS Greenwich, Bill was responsible for a wide variety of US corporations and buy-side companies, including corporate borrowers and debt issuers, financial institutions, industrial companies with captive finance businesses, and a variety of US corporations who traded various securities with or through RBS Greenwich.
Earlier in his career, Bill was a Vice President at First Boston Corporation in that firm’s credit risk management department. At First Boston, Bill was responsible for managing credit risk to a wide variety of corporate issuers and financial institutions. Bill began his career at Chemical Bank, where he completed the bank’s credit training program and then worked as a loan officer in the middle market division and a credit officer in the financial institutions division.
Bill has a B.S. in business administration from Syracuse University and an MBA from New York University.
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