NU Ride Inc (NRDE)

[OPKOHEALTH2022]

I want to say that shorts are in control but now more than in the last 6 months LMC is in a better position to get the Endurance truck to market . Institutions holdings is about 30% I believe but you can correct me here if wrong. Then you have insiders ownership and former CEO Steve Burns with about 25% . The Foxconn deal was the best thing to happen to this company. The management team with CEO and others are lined up . I can’t think of any other company set up like this. Look at Fisker they are in the same boat as LMC no difference here except more money back up behind them and if you compare to Rivian has Amazon as a back up with 100k pre-orders and they can only produce 3-10 trucks daily and now they have a towing issue. LMC has to prove themselves and I can understand that. The next 3 months here is critical but is worth the risk. Oh and don’t forget LMC has A line of credit for 400 million with Ya ll when production starts . It’s getting pass thru regulatory issues and SEC- DOJ clearance . Steve Burns is a business man and he knows the potential and what is 15 million penalty for him to pay ? He has the money now after selling 10% of his stake . LMC also has Rep Tim Ryan on their side is a big plus. All IMO .