NU Ride Inc (NRDE)

[dss19552002]

A couple of additional points or questions:

that's rated in the top 5% of all start ups free and clear cash

1) RIDE was a startup. Nu Ride, NRDE, is not. NRDE is a shell. There is a difference.

It reminds me of the Procter and Gamble merger when most had thought Gambles Stores

2) What are you talking about? What Procter and Gamble merger? I think you have your history wrong. Proctor and Gamble were formed together in the early 1800's. Well, they did merge in 1837, but that is hardly a comparison to Nu Ride. Are you thinking of something else?

So, I'm not sure what point you are making, but given your facts are wrong here on these 2 points I would question the conclusion.

Yes, Nu Ride has cash, and I agree it's about $20 million (a little less but for these purposes, rounding here is okay). For most shells, or shell-like companies, $20 million is a lot of cash, so I agree with that point, if you are willing to accept the correction of NRDE being a Shell and not a Start Up.