Electric Last Mile Solutions Inc (ELMSQ)

[value1008]

Good luck to you, Ernie, i hope you and others who've come "late to the party" enjoy big gains. For those of us who found out about FIII / ELMS after the initial SPAC days, it's been an unmitigated disaster.

Down the road, with certification and solving the supply issues from China and shipping container costs, this could turn out to be a successful business. But first mover advantage now looks to be lost, and major share dilution is coming (according to explicit mention in the recent 8-K filing).

I've only 2k shares left, but might consider rebuying after the dilution event if it looks like the vehicles (van and truck) will in fact get NHTSA certified and shipping container costs return to earth.

Analysts and us shareholders have been completely burned on this name, so it's going to take a lot to restore confidence.

It remains to be seen whether Shauna McIntyre will become the official CEO or if some other name, perhaps an impressive name, comes in. And what kind of institutional and hedgefund money comes back into supporting the stock.