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***** LOL ! No one is going to turn NRDE ( PU Ride ) around period -- Whoops
ENOUGH SAID
***** NRDE ( PU Ride ) BOD is full of private equity - nothing good will come out of that - whoops
ENOUGH SAID
CEO William Gallagher turns companies around like he did with COOP
This is why directors are buying Large. Director Andrew Sole recently bought $1.2 million Class A common stock.
Managing Director
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.
https://m3-partners.com/senior-team/william-gallagher/
This is our CEO's handy work. CEO Bill Gallagher and why Directors are buying so large.
If you consider calling out your lies about NoRide as an “attack”, that’s your privilege.
But you have yet to refute with facts that you are lying.
***** NRDE ( PU Ride ) BOD is full of private equity - nothing good will come out of that - whoops
ENOUGH SAID
Super small share structure and float. Big Happenings Ahead with an Excellent BOD who are all top rated Finance Managers.
One look at the BOD and anyone can see that we're in the right place at the right time.
***** NU Ride needs to fire its Lying promotional awareness campaign manager asap
ENOUGH SAID
As much as it would please me to see you investigated for insider trading or possession of material non-public info, it’s clear that everything you claim and most of what you say is a lie.
So there’s no there there.
But I’ll give you one last chance. Explain how Burns gets involved with a publicly-traded company in violation of the SEC order.
Longs are so terrified that they are making things up. You clearly haven't done research in this company. You do realize it is a shell. How many employees did they have as of last report?
LandX has not hung to do with the Foxconn lawsuit. And your inside info is laughable. If you really had inside info…or even public info, you would know that Steve Burns is prevented from having anything to do with a publicly-traded company, per SEC orders. And out-dated photos only show how sick you are. Get help.
The Terrified are triggered and ain't seen nothing yet.
NU Ride Inc. Foxconn and LandX have court ordered NDA's on them so your own DD is required.
I know more but I say less as I'm constantly attacked by losers who know nothing.
Attacking me won't gain anything but silence from me.
Wait for the announcements, It's going to be big, in fact huge when the NDA's come off.
***** Meaningless ! and still no pictures of NRDE ( PU Ride ) vehicles i see - whoops
ENOUGH SAID
This is 100% untrue. LandX bought Lordstown assets. It's as simple as that. Read the filings. That's it. There is nothing more to that purchase, No secret agreements, no plans from that purchase to merge with Nu Ride, for LandX to buy Nu Ride. Nothing. Nu Ride is not buying the assets back. There is not even a hint of anything like that.
As long as Burns is involved with LandX, there will not be a merger.
Why would this even be a thing. When Nu Ride was formed, they chose fund managers to run the company. They didn't choose EV car executives, or experts at all. The filings suggest that they will go somewhere else in terms of a business plan. Can they go back to making EVs? Sure, that's a possibility. To suggest any more than that is just hype, and not from the company, but from an investor who is impatient with dead money. The vehicles pictured have nothing to do with Nu Ride, obviously, everyone knows that, even you.
Good luck. I do think Nu Ride will do something. How "Huge" the announcement will be is an open question. That we will have to wait. I know there is an omnibus hearing on July 11, but I don't think there will be an announcement from that hearing. That has nothing to do with the suit against Foxconn, which, they may win, they may lose. Lordstown made significant mistakes that allowed Foxconn to end the deal. Lordstown is not simply a victim here, they made some stupid mistakes, as you yourself know.
You know nothing about “announcements”…big or tiny. Stop lying. You’ve been proven wrong about pretty much every claim you’ve made about NoRide.
***** NOPE ! Theres no NRDE ( PU Ride ) acquisition coming - WHOOPS
ENOUGH SAID
There are no filings that suggest a LandX merger. In fact there are SEC documents tgat show just the opposite. Specifically, the filing that prevents Steve Burns from having anything to do with a publicly-traded company.
Stop lying and seek help. Alert your caregivers that you are in crisis.
Game changer. The Post office is buying EVs. LandX isn't going public anytime soon. What else is wrong with your silly Reddit story?
Perhaps there's a breakthrough on the horizon.
If you read your own post (and that's a VERY BIG IF), then you will read that NoRide sold ALL ITS IP TO LANDX. So if you suggest that NoRIDE owns any EV IP...or any IP for that matter, you are clearly lying.
But it's doubtful you read your own posts, because if you did, you would see that it's clearly written by an ignoramous. To suggest that LandX is even considering "register[ing] a stock symbol...." (BTW, that's not how going public works, genius) shows complete ignorace of what the SEC ruled and what STEVE BURNS ACCEPTED viz. his malfeascence when he was running the old RIDE.
I can only imagine that you ran out of pants a long time ago...and perhaps lost your house...due to the numerous trouser fires you started.
***** Meaningless ! and still no pictures of NRDE ( PU Ride ) vehicles i see - whoops
ENOUGH SAID
I've been doing this for a while. You seem to not know or care about what you are doing and make stuff up all the time. Those were part of a stock-based compensation plan, and not purchases. Read the filings for a change. SMH.
But, in 2021, Workhorse didn't get the contract. While the contract would have helped Lordstown, they didn't get the chance to deliver on the contract, as they didn't get the contract. Production is still delayed by the winner of the contract, so this is a story that is still going on, but it has had nothing to do with RIDE, or now Nu Ride, for a long time. That's my understanding.
***** Meaningless ! and still no pictures of NRDE ( PU Ride ) vehicles i see - whoops
ENOUGH SAID
NU Ride Inc. Lawsuit against Foxconn could be worth Billions
LMC was created to provide the capacity to build the USPS's NGDV. EVERYONE thought that the USPS would go EV, WKHS would get the contract and LMC would build the trucks. The plant was specifically designed to build the UPSP trucks.
The USPS trucks would use the same skateboard as the Endurance. Had they gotten the USPS contract the USPS would have paid for all the hard tooling and provided the volume necessary to massively lower the Endurance BOM. The Endurance would be able to be built and sold at a profit.
When the USPS decided to not go EV, EVERYTHING changed. There were two camps.
Camp 1 - Burns wanted to start production of the Endurance, get limited numbers into the hands of the customers. Once they saw the value, they would order lots more. These PO's could be used to scale and reduce costs. Burns still believes that had they gone this route they could have been successful.
Camp 2 - The Board, believed Burns plan was way too expensive and was unlikely to not succeed. They decided they needed to partner with someone who could value from their plant/employees to leverage what was created for the Endurance. Foxconn seemed perfect.
They went with the second route and Foxconn completely screwed them over. If you read the Complaint, it's clear that Foxconn clearly planned on running LMC out of business and taking over everything. They would then be a US based Magna Steyr. -Reddit quote
-Reddit quote
Endurance platform, intellectual property, production line equipment, hub motor agreements, hub motor production line and anything and everything else needed to make the truck was purchased out of Bankruptcy in auction by Steve Burns, and is being rebranded as LandX.
Because of The Pending Lawsuit against Foxconn, Nobody has seen the specific details of the agreement and or any signatures confirming the sale in writing or made publicly
LandX has yet to register a stock symbol and some believe a merger acquisition of NU Ride Inc. is in their sights and to continue on.
***** Meaningless ! and still no pictures of NRDE ( PU Ride ) vehicles i see - whoops
ENOUGH SAID
What?!?!
Define heavily. You are familiar with what “average daily volume” is, correct?
Stop lying. Seek help.
“Some believe….”
Only idiots believe that. Byrnes is forbidden to be involved with a publicly-traded company.
And anyone who passes on such ridiculous beliefs is equally idiotic.
NU Ride Inc. Lawsuit against Foxconn could be worth Billions
Where the rubber meets the road.
Nu Ride is NOT bashed because of the unknown. It's a shell company, that is known. It isn't bashed because it's a shell company either. It's a shell, it doesn't do anything. People disagree with you because you are wrong. I'm not sure why you post pictures of the sedan and the "truck" or van. Neither of them have anything to do with Nu Ride. Why is it pumped by certain people with old irrelevant news? Probably because of fear of the unknown. What if Nu Ride cannot find a partner? What if Nu Ride never makes anything and simply disappears into nothing? What if all the stock-based compensation and all the insider buying turns out to be worthless? They are NOT an EV company now. Even you cannot argue with that. They may be in the future, but right now Nu RIDE is simply homage to the old ticker, RIDE, nothing more than that. It DOESN'T say they are going into the EV business. They might, but since management is made of of fund managers and nobody with EV experience, as Hightower sold all his shares and is gone, they are probably looking at another line of business. You probably see that as well.
Yes, there is this Foxconn suit in the background, but nothing court-wise has happened since December, and nothing will be decided at the next Omnibus hearing.
As to the "Set up to make millionaires" comment, well, maybe not, but you are long based on thinking that this will make you money. It's a reasonable position to hold this stock expecting that the management will make a deal and that this will no longer be a shell and be a real money making company rather than the failure RIDE turned out to be. Yes, the Endurance had potential, but it never lived up to that potential, and RIDE failed to produce profits or even a significant number of vehicles. The plant is still being used to produce EVs now, just not vehicles that you would normally see on the road. But, long story short, be long. Nobody is saying you can't be long here. We are just disagreeing with most of your points, though you are correct about the March buying.
How could we not be concerned, when you lie constantly, even though we prove WITH FACTS that you’re lying.
You really need to seek help…or let your caregivers now. Let them check your NoRide posts here and I bet they instantly recognize the problem.
NoRide is a shell that owns no IP or manufacturing capability. And certainly no “prototypes.”
At the drop of a hat anything possible with endless possibilities and why the market is at a standstill based on the fear of the unknown.
$NRDE NU Ride Inc. Ready to Explode PPS. It's imminent.
I will guarantee that Foxconn tries to settle out of court if they're smart.
I believe the new BOD's is focusing on the logistics and supply chains of anything they plan.
The prototypes were not scrapped and anything is possible.
The new ticker, NU Ride Inc. NRDE says it all and why the stock gets bashed because of fear of the unknown.
With $20,000,000 in the bank from the start, NU Ride will go where others failed and be off to the races.
We are one PR away and ready.
Maybe you shouldn't be concerned with me and other things that you absolutely know nothing about or are limited in understanding stocks and their structures.
Buys
13
Sells
5
Total
18
Shares
Bought
1,360,867
Sold
60,311
Gross
1,421,178
Net
1,300,556
https://www.otcmarkets.com/stock/NRDE/disclosure
I did read the footnotes. This was not a purchase. This is not labeled a "BUY". SMH. Check with your broker if you don't understand. It would say purchase if it was a purchase.
No, those pictures still don't belong to Nu Ride. You haven't done your research. Check with the filings, or your broker if you don't know what a shell is.
Yes they did as they were all allowed to acquire the same amount they were granted from earlier.
They all took advantage and Acquired the maximum amount of shares they were allowed. This is why it's labeled "Acquired" and not a grant. Read the foot notes.
Correct. NoRide rejected the Lordstown lease and many others via bankruptcy.
IIRC, they lease some office space in Detroit.
Not sure what the picture has to do with it. I get it, you think the price will go higher based on their shell status, with no products, no R&D, no nothing at the moment. There will be something, probably, but not now. Don't know if it will be EVs. They aren't even in Lordstown, Ohio anymore.
They did not buy! This was different, we talked about this. It's stock-based compensation. It wasn't a purchase. Learn to read the filings. Yes, it was an acquisition.
In March. He had bought some previously, if I read the form correctly. He's obviously not in the money here, though I do know insider buying is usually a longer-term investment, so this is a small point at the moment. He hasn't bought anything recently, though he did acquire some from what looks to be a stock grant.
***** Apparently da market doesn't care and NRDE (PU Rides ) pps is reflecting that sentiment - whoops
ENOUGH SAID
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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