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This will be pumped up to a dollar soon without a RS.
0.25 was brought on by Goldman Sachs. Foxconn and lordstown will negotiate. This will continue to go North.
Hope you loaded the boat at 0.25 with the smart money!
I can feel the hot air rising.
That included stock options.
At least present things accurately for a change.
Foxconn and Lordstown will negotiate.
https://www.cnn.com/2023/05/01/business/lordtown-foxconn-dispute/index.html
"In a statement Monday, Foxconn said, “We understand that Lordstown Motors is currently evaluating various courses of action as it pertains to their listing status with NASDAQ. In the meantime, we remain open to continuing our discussion and working together to reach a mutually acceptable outcome that benefits our respective stakeholders.”
Have to disagree about the hot air, except for the hot air that only presents one side of the story at all costs!
Amazing how the thesis is accepted hook line and sinker without an iota of rebuttal.
Why put in a new CEO and pay him 240,000 annually when li could have stayed as CEO and continued to pay out nothing?
Why go through the trouble of forging new partnerships with YiHao, etc. if just plan on leaving a shell.
These are just a couple of activities that run contrary to your thesis.
Soared to 0.40 after Goldman hit their 0.25.
What do you know.
Looks like Goldman Sachs brought it down to its 0.25 target they spouted a week ago!
Todays announcement gave them the fuel they needed to do so.
Get a grip. It’s a penny stock.
Nuff said!
More institutions buying today!
Go RIDE!
They are just stand alone promotional platform pages for potential clients TC and sales force are communicating with.
It’s a good sign they are thinking strategically about their marketing campaign.
Thanks for posting this.
I like the fact that this partnership was developed not only to service the endurance, but other “future vehicles developed by Lordstown in collaboration with Foxconn ecosystem.”
Under the terms of the agreement, the two companies will jointly provide EV service and warranty for the Lordstown Endurance™ in key states allowed by law, as well as future vehicles developed by Lordstown in collaboration with the Foxconn EV ecosystem.
I welcome all who do DD and seek to connect the dots and do rational speculation of LQMT.
We are a penny stock and until a contract is secured it is a legitimate endeavor to try and connect dots and speculate.
That’s what these boards are for. Don't believe BS that puts you down for doing rational positive speculation.
It's our right and why these boards were created.
Saving I think you will be correct!
Hightower has always said they would produce 500 trucks with the finances they currently have.
They are in discussions with OEM’s that would help raise funding for the hard tooling needed for the NEXT phase after the 500 trucks.
THE DISTORTIONS KEEP ROLLING OUT FROM THE FUD’s!
Here is a couple of the short’s lies that poster reported on Reddit:
1. Lordstown motors said in the last CC that they would not resume production until an OEM is secured.
We certainly know this was a false statement, since Lordstown did resume production without an OEM.
2. Lordstown motors has now been delisted from NASDAQ.
Yes another incredible lie, since Lordstown only received a notice and have up to a year to get in compliance before being delisted.
It really is amazing to see the manipulation and falsehoods intentionally spread to try and get the share price lower.
Sounds like he is making a good point!
LMAO. Where do you guys get this stuff from.
Chair of board doesn’t communicate with CEO in two years.
That’s is some serious fluff!
LQMT 0.693 +3.0%
Screwball thinking seems to be everywhere in liquidmetal board land.
Chair of the board hasn’t communicated to CEO of liquidmetal in two years.
LMFAO. Where do you guys get this stuff from.
You may have missed the low already.
If they are planning on executing an RS, they should be concerned.
He better get on the ball. The 1st is not helping the company or stock price out these days.
TESLA down 9% today.
Shorts are out with full attack on tech stocks.
Laughable!!
Figures you would respond that way to any positive DD!
It’s the way of short stuff!
Nobody really cares what you think. Shorts will have their time of getting crushed.
A good follow up post on Reddit:
Now for some information that might make my previous speculative posts, slightly less speculative.
Foxconn has said that they are currently in negotiations with traditional automakers interested in the CDMS services. I've posted a number of times that a Foxconn plane is in LA and that is likely proof that Foxconn is indeed in negotiations in the US with someone. And that the last time that plane was in the US for more than a couple of days, was last Feb 26th through April 9th, when they were likely working out the details of the Lordstown plant sale.
How do I know it's a Foxconn plane? And how do I know it's at Van Nuys Airport?
ADS-B (Automatic Dependent Surveillance-Broadcast) data is data that's transmitted by a planes transponder. A website called 'ADS-B Exchange' allows you to lookup transponder data by registration/tail number. You can't see where a plane is when it's not flying, but you can start on today and keep looking back to the last data that was transponder, and you will know where a plane is now. Keep going back and you will be able to tell when it got there, and where it came from.
I found this article from when Foxconn was working on the Mt Pleasant deal in Wisconsin.
https://preview.redd.it/stxyc0yaxvua1.png?width=757&format=png&auto=webp&v=enabled&s=7a0b1191f1c2f16fb0be99957fd11de9568d36eb
The beginning of the tail number specifies where it's registered. Both China and Taiwan us "B-". Going to ADS-B Exchange and looking at the last recorded transponder data for B-99988 and you will see the last recorded transponder data for the plane was at Van Nuys Airport on 2023-03-01, so the plane has been sitting at Van Nuys Airport since March 1st, that's 7 weeks. And no, the plane is not normally in the US, it was in the US for a few days in January and the last time it was in the US was for the 6 weeks in 2022 before the Lordstown plant sale.
https://preview.redd.it/lctb3z2nxvua1.png?width=1437&format=png&auto=webp&v=enabled&s=4506c53e5b60f8d8fb6b314c7f2de900561b0506
So, what does this have to do with a USPS or a DOD contract? Nothing really, but Foxconn has more than 1 plane!
Here is a photo of another Foxconn plane, it's tail number is B-90609.
https://preview.redd.it/wa6o1pclyvua1.png?width=1514&format=png&auto=webp&v=enabled&s=1453f54118aa274ae761e9dae49bdd7d0bffbd4f
So what is the last recorded transponder data for this plane? It's been in Appleton Wisconsin since March 22nd. What's in Appleton Wisconsin? Not much, but it is the closest international airport to Oshkosh Wisconsin. And Oshkosh Wisconsin is the location of Oshkosh Defense who was awarded the USPS NGDV contract and is a well established defense contractor specializing in military vehicles.
https://preview.redd.it/9u3y4uxqyvua1.png?width=1518&format=png&auto=webp&v=enabled&s=ec50ef1865450756e237d60a0a7d45e0cab89135
Foxconn has $30M+ Gulfstream 5's sitting in both LA and Oshkosh Wisconsin. Can we be certain what they are doing? No, but we can speculate. When Foxconn has flown them into the US for extended periods of time, they were to finalize the legalities of contracts. The last time B-99988 was in the US for a long time it was, like I said just prior to the plant sale. The time before that it was in the US for a number of weeks it was just prior to the signing of "The PEAR Prjoect agreement" ( [https://www.sec.gov/Archives/edgar/data/1720990/000119312521163828/d14073dex101.htm](https://www.sec.gov/Archives/edgar/data/1720990/000119312521163828/d14073dex101.htm) ).
We may not know for certain what is going on, but I think it's likely that whatever it is, it's "in the lawyers hands" and it's likely very good for LMC.
Lordstown has until middle of October to get price back up.
Then they can apply for an additional 6 months for a grace period beyond that.
I think by end of May we will be back in compliance anyway.
Interesting post on redditt.
Why I'm speculating that Foxconn/LMC could build vehicles for the USPS
Below is information about what has occurred since the start of the USPS NGDV (Next Generation Deliver Vehicle) till now.
For those not aware, the original Workhorse NGDV proposal had the vehicles being produced in Lordstown, the production line was designed to handle it's production. Go to 1:05 of this video [https://www.youtube.com/watch?v=vpLvCF34a\_I](https://www.youtube.com/watch?v=vpLvCF34a_I) The plan was that Workhorse would contract out the body manufacturing to a large truck body manufacturer (not named, but most believe it to be Morgan Olson) and contract out the chassis manufacturing and assembly to Lordstown.
August 13, 2020
**The initial NGDV program was expected to produce between 165k and 185k vehicles.**
[https://www.foxbusiness.com/lifestyle/u-s-postal-service-new-mail-truck](https://www.foxbusiness.com/lifestyle/u-s-postal-service-new-mail-truck)
>"The U.S. Postal Service has confirmed that it plans to award one or multiple contracts for the Next Generation Delivery Vehicle by the end of this year.
>
>The Next Generation Delivery Vehicle (NGDV) will replace the long-serving Grumman Long Life Vehicle, which went out of production in 1994, but has soldiered on at great maintenance cost all these years. **Approximately 180,000 vehicles will be purchased** over five to seven years at a cost of $6.3 billion."
February 25, 2021
**When the initial award was announced it stated a variable 50k-165k trucks and only 10% would be BEV.**
[https://sam.gov/opp/1e56c386808444d886124fc1927f4eb0/view](https://sam.gov/opp/1e56c386808444d886124fc1927f4eb0/view)
>"The U.S. Postal Service awarded a 10-year contract to Oshkosh, WI, based Oshkosh Defense, LLC to manufacture a new generation of U.S.-built postal delivery vehicles. Under the contract’s initial $482 million investment, Oshkosh Defense will finalize the production design of the **Next Generation Delivery Vehicle (NGDV) — a purpose-built, right-hand-drive vehicle for mail and package delivery — and will assemble 50,000 to 165,000 of them over 10 years**. The award is an indefinite delivery, indefinite quantity (IDIQ) contract, meaning that after an initial dollar commitment, the Postal Service will have the ongoing ability to order more NGDV over a fixed period of time, in this case, 10 years."
September 15, 2021
**Workhorse filed suit against the USPS over the NGDV award, but then dropped the lawsuit hoping for work in the future.**
"Workhorse Group Announces Withdrawal of USPS Bid Protest"
**Workhorse had sued the USPS and OShkosh for unfairly awarding the contract to Oshkosh. Just before case was set for oral arguments, Workhorse dropped the case.**
>Workhorse's new CEO Richard Dauch - "The federal government has announced its intention to replace its fleet with electric vehicles, and we believe that the best way for us to work with any governmental agency is through cooperation, not through litigation."
[https://ir.workhorse.com/news-events/press-releases/detail/181/workhorse-group-announces-withdrawal-of-usps-bid-protest](https://ir.workhorse.com/news-events/press-releases/detail/181/workhorse-group-announces-withdrawal-of-usps-bid-protest)
December 2021
**The USPS' Final Environmental Impact Study included the 50k-165k and 10% BEV**
[https://cdxapps.epa.gov/cdx-enepa-II/public/action/eis/details?downloadAttachment=&attachmentId=354121](https://cdxapps.epa.gov/cdx-enepa-II/public/action/eis/details?downloadAttachment=&attachmentId=354121)
>"Summary**:** **The U.S. Postal Service proposes to purchase over ten years 50,000 to 165,000 purpose-built, right-hand-drive (RHD) vehicles – the NGDV – to replace existing delivery vehicles nationwide that have reached the end of their service life**. While the Postal Service has not yet determined the precise mix of powertrains, under the Proposed Action, at least 10 percent of the new vehicles would have battery electric (BEV) powertrains with the remainder being internal combustion engine (ICE). In this FEIS, the Proposed Action is compared against Alternative 1.1 (100 percent RHD COTS ICE vehicles), Alternative 1.2 (100 percent left-hand-drive COTS BEVs), and the No Action Alternative. "
March 24, 2022
**The USPS' first order for NGDV's is for the minimum 50k and states 20% will be BEV**
[https://about.usps.com/newsroom/national-releases/2022/0324-usps-places-order-for-next-gen-delivery-vehicles-to-be-electric.htm](https://about.usps.com/newsroom/national-releases/2022/0324-usps-places-order-for-next-gen-delivery-vehicles-to-be-electric.htm)
>"The Postal Service announced today that it placed its initial Next Generation Delivery Vehicle (NGDV) delivery order with Oshkosh, WI, based Oshkosh Defense at a cost of $2.98 billion. **The first order is for 50,000 vehicles** – a minimum of which will be for 10,019 battery electric vehicles (BEVs)."
June 10, 2022
**The USPS states that they intend to release a supplimental to their NGDV Environmental Impact Study. They state that the prior Final EIS only considered LLV's (Long Life Vehicles) and FFV's (Flex Fuel Vehicles) that would be replaced with NGDV's or COTS vehicles. This Supplimental EIS will address other vehicles that will be replaced, including the puchase of "****60,000 right-hand drive non-NGDV purpose built vehicles****".**
[https://www.federalregister.gov/documents/2022/06/10/2022-12581/notice-of-intent-to-prepare-a-supplement-to-the-next-generation-delivery-vehicles-acquisitions-final](https://www.federalregister.gov/documents/2022/06/10/2022-12581/notice-of-intent-to-prepare-a-supplement-to-the-next-generation-delivery-vehicles-acquisitions-final)
>"First, in response to potential delivery network refinements and route optimization efforts being considered for the postal delivery network, the SEIS would analyze the potential impacts to the delivery fleet from such changes, including whether the changed route length and characteristics warrant an increase in the minimum number of BEV NGDVs to be procured under the Proposed Action set forth in the FEIS.
>
>Second, in response to its need to accelerate the replacement of aged and high-maintenance Long Life Vehicles (LLV) and Flexible Fuel Vehicles (FFV) in furtherance of its Universal Service Obligation, the Postal Service intends to analyze the potential impacts of replacing the remainder of its LLV/FFV fleet with a combination of NGDV and Commercial Off-the-Shelf (COTS) vehicles. **The Postal Service anticipates that the SEIS Proposed Action will propose acquiring up to 37,000 left-hand drive COTS with ICE and BEV powertrains**, which would be deployed on routes with fewer than 21 curb-line delivery points.
>
>Third, as the NGDV FEIS only assessed the environmental impacts from a replacement of the Postal Service's LLV and FFVs, the SEIS would also assess the potential impacts from replacing other aged and high-maintenance non-LLV/FFV postal delivery vehicles. **This** **analysis would include consideration of the acquisition of: (1) up to 60,000 right-hand drive non-NGDV purpose-built vehicles with ICE and BEV powertrains** to place on routes currently utilizing personally owned vehicles (POVs), for rural route growth, and for routes that require a vehicle less than 111 inches tall; and (2) the **acquisition of up to 26,000 left-hand drive COTS with ICE and BEV powertrains** to replace existing COTS delivery vehicles that will reach the end of their service lives within the next ten years."
July 1, 2022
**LMC tweet on National Postal Workers Day**
[https://twitter.com/LordstownMotors/status/1542855690942922753](https://twitter.com/LordstownMotors/status/1542855690942922753)
https://preview.redd.it/tyr44mydvuua1.png?width=1407&format=png&auto=webp&v=enabled&s=4db26ec13bae96f98183f652718d8800e2a6544e
September 7, 2022
**Rob Heber Director of Government Programs - Workhorse Group Aerospace gives an interview about drone deliveries and when talking about the efficiency of drone package deliveries, is asked about the trucks the drones are launching from, he talks about the trucks only having 5 moving parts because of their hub motors. But, Workhorse does not manufacture any trucks with hub motors. 11:20 in below video**
[https://youtu.be/\_L96NAZA61g?t=678](https://youtu.be/_L96NAZA61g?t=678)
**Workhorse NGDV patent**
[https://patents.justia.com/patent/11572004](https://patents.justia.com/patent/11572004)
[https://image-ppubs.uspto.gov/dirsearch-public/print/downloadPdf/11572004](https://image-ppubs.uspto.gov/dirsearch-public/print/downloadPdf/11572004)
**Workhorse patent for NGDV includes option for drone dock in the roof**.
https://preview.redd.it/vx3mmcsu0vua1.png?width=965&format=png&auto=webp&v=enabled&s=e06c73e9e00dc88b1660bd98a9f56f2b029e61ac
**In October 2019 USPS sent out a RFI (Request For Information) about the potential for USPS vehicle launched drones, which Workhorse has a patent on**. **The RFI includes the following -**
>Long Driveway Delivery: the drone launches from a USPS vehicle, makes a delivery, and returns to the vehicle while carrier continues their route.
>
>Remote/Difficult Delivery Points: rugged terrain, small islands, and other areas that are difficult to reach by road.
[https://www.crowell.com/newsevents/alertsnewsletters/all/usps-joins-the-drone-delivery-domain-with-rfi-for-services](https://www.crowell.com/newsevents/alertsnewsletters/all/usps-joins-the-drone-delivery-domain-with-rfi-for-services)
December 20, 2022
**The IRA bill provided the USPS with the required funding to develop EV infrastructure, but it requires that they become 75% EV by 2028.**
**The 106k vehicles the USPS intends to purchase are NGDV and COTS vehicles intended to replace the aged LLV's and FFV's coverend under the FEIS. The breakdown is -**
**NGDV 45,000 BEV 15,000 ICE - Total 60,000**
**COTS 21,000 BEV 25,000 ICE - Total 46,000**
**TOTAL 66,000 BEV 40,000 ICE**
**That would mean only 62% would be BEV and 38% would be ICE.**
[https://about.usps.com/newsroom/national-releases/2022/1220-usps-intends-to-deploy-over-66000-electric-vehicles-by-2028.htm](https://about.usps.com/newsroom/national-releases/2022/1220-usps-intends-to-deploy-over-66000-electric-vehicles-by-2028.htm)
>"The United States Postal Service today announced that it expects to acquire at least 66,000 battery electric delivery vehicles as part of its 106,000 vehicle acquisition plan for deliveries between now and 2028. The vehicles purchased as part of this anticipated plan will begin to replace the Postal Service’s aging delivery fleet of over 220,000 vehicles.
>
>**The Postal Service anticipates at least 60,000 Next Generation Delivery Vehicles (NGDV), of which at least 75% (45,000) will be battery electric. As part of this plan, a total of 21,000 additional commercial off-the-shelf (COTS) vehicles are also expected to be battery electric, depending on market availability and operational feasibility**. The Postal Service also anticipates including internal combustion vehicles necessary to meet immediate vehicle replacement needs."
**The Supplimental EIS will be released "by May". When it's released it should give more detail on what is going to happen.**
>"**By May 2023: USPS will publish for public notice and comment a Draft Supplemental EIS** that will assess the potential environmental impacts of vehicle purchase alternatives, likely including those from today’s announced plan."
**You will be able to find the Supplemental Environmental Impact Study on the EPA's site here -** [**https://cdxapps.epa.gov/cdx-enepa-II/public/action/eis/search**](https://cdxapps.epa.gov/cdx-enepa-II/public/action/eis/search) **To Find it when it comes out, click on 'Agency' and select 'United States Postal Service' and then click search, it will then pull up all the EIS's submitted to the EPA by the USPS.**
The USPS needs a LOT more than 106k vehicles. The notice in June that they USPS would be filing a supplemental to it's FEIS said that it would include analysis of purchasing up to "60,000 right-hand drive non-NGDV purpose built vehicles". If ALL 60,000 of these are BEV then the totals would be 126,000 BEV (76%) and 40,000 ICE (24%). The notice in June also mentions 26,000 COTS vehicles, those could be split 50/50 between BEV and ICE to maintain the 75% BEV requirement.
I believe it's possible that the 60,000 "right-hand non-NGDV purpose-built vehicles" could be built in partnership between Workhorse and Lordstown, much the way the original Workhorse bid would have done, but I believe it also includes Oshkosh. Oshkosh has built a factory to build the bodies. The Endurance chassis was designed to fit not only the Endurance, but also the Workhorse NGDV, so both the Endurance skateboard and the Oshkosh NGDV body were built to the specifications given by the USPS, so it shouldn't be overly difficult to mate the Oshkosh body to the Endurance chassis.
In this scenario I can see LMC being responsible for providing 60,000 Endurance chassis for these "right-hand non-NGDV purpose-built" vehicles. If the final assembly were to take place in Lordstown (which I suspect would be the case) then LMC could be providing additional services besides simply providing the chassis'.
LMFAO.
Only in fairytale land!
The old folks dream phone. Return to 1995.
Head in the past rather than eyes ahead!
Reality: production restarted and lordstown is in discussions with potential OEM’s.
Your opinion means nothing!
What are you complaining about. You have been predicting 0.50 with all the other downward deflationary shorts!
“O and another new all time low today..
.50 cents approaching rapidly!”
Now you wonder why it hasn’t gone up more than 0.03.
What a bunch of clowns!
I predict share price will rise through the week.
I don’t think they will need an RS, and doubt it will get through customs anyway.
They have 6 months to get the share price up to $1.00.
“Another week passes and LQMT is down 1% from 0.068 cents to 0.0673 cents”
0.007 cents. Profound!
Another week passes and LQMT is down 1% from 0.068 cents to 0.0673 cents.
0.007 cents. Thanks for the report.
LMAO
Another day ended in green. How’s that fridge coming along!