NU Ride Inc (NRDE)

[OPKOHEALTH2022]

So LMC has enough money for production of the 500 trucks to be delivered in 2Q of 2023

My question here is what happens afterwards?
If LMC gets an order to produce 10K in 2024 and remainder of 2023 they will need close to half a billion to mass produce.

The 170 million new agreement with Foxconn is not for the Endurance but GENERAL purposes ( like to pay for Hightower and Ninnivagy salary .

“Common Stock for general corporate purposes and the proceeds from the sale of the Preferred Stock to fund development and design activities for a new electric vehicle program” ( meaning more money needed for R & D ) to me it does not make any sense to develop another vehicle until they have revenue coming in from the Endurance )

And why did Steve Burns sell under $2.00 ? The only explanation is to pay the SEC for his wrongdoings . If this is not the explanation to sell shares at all time low then it’s an indication of a possible BK .IMO

$1.00 target soon IMO