NU Ride Inc (NRDE)

[jaybiscuit]

Bye Bye Bye--Profits...and yet another LAWSUIT soon--THIS TIME WITH WORKHORSE--see link below for proof. Remember, when you run with skunks like RIDE....eventually you smell like one too.

Here are quotes:

"Workhorse has an intellectual property (IP) agreement with Lordstown Motors that dates back to Nov. 7, 2019. That agreement gives Lordstown IP rights related to “certain electric pickup trucks” in exchange for things such as royalty and commission payments on Lordstown’s sales of those vehicles."

"Workhorse is now saying Lordstown wants to end that agreement as of March 27. It’s not clear exactly why Lordstown Motors would seek to do this. Is there a breakdown in business relations between the two EV manufacturers?

Perhaps there is, as it seems there’s a potential conflict pertaining to what happens after the Workhorse-Lordstown agreement is terminated. Workhorse evidently believes Lordstown Motors still has to pay any due royalties to Workhorse after the termination of the agreement"

Stock price will drop like a rock when this goes to court--BEWARE!

Link for you: https://investorplace.com/2023/02/ride-stock-alert-lordstown-motors-seeks-to-end-agreement-with-workhorse/