I'm not sure what you mean by an NDA. If it has to do with the asset sale to LandX, that's mostly public except for the trade secret aspect of the deal (that is, the trade secrets haven't become public). If it has to do with intellectual property that Lordstown owned, that NDA must be void at this point given that LandX owns those assets, so it can't be that. That is, Burns is not excluded from that deal since his company bought those assets. If there is some secret agreement with LandX, there will still have to be notification of that deal, even if the details are proprietary or quiet. The SEC receives and publishes on EDGAR redacted agreements all the time. So, if there is an NDA regarding the Endurance, they aren't keeping it a secret from Burns at all. So, your first statement doesn't make any sense. What does Nu Ride have that even needs an NDA? From what I can tell, nothing. They are a shell, no revenue, nor production, no trade secrets, nothing like that. I've looked for evidence of an NDA and have found nothing. Again, if it were part of the severance package when Burns left Lordstown, that is no longer in force as Burns owns that material now. If you are thinking of a non-compete clause, that's obviously not in force as LandX was a competitor to Lordstown, but not to Nu Ride.
I do remember LMC/Nu Ride Inc. does have a lawsuit against Foxconn/Hon Hai Precision Industry Co. Ltd. It is ongoing, and the motion to dismiss has not been acted on. As near as I can tell, the Omnibus hearing coming up has to do with the bankruptcy itself, and looks to be about cleaning up some of the loose ends from the bankruptcy. It has nothing to do with the Foxconn lawsuit. I do expect that the companies are negotiating for a settlement. That I agree with. You mentioned an NDA here, and I disagree with that for sure. That's not to say that the negotiations are public, as they aren't. What is public is that there is a lawsuit and that assumes that settlement conversations may be part of the lawsuit. I don't know how "Soon" this will be settled, but I don't think either company will leave it to the judge to decide. I think somewhere between $70 million and $200 million will be the settlement. It won't be billions.
In the mean time, "Wall Street doesn't know what to do and doesn't want to be trapped either" is a fair statement. There isn't a good reason to invest in Nu Ride as they don't have a business. The only current hope for income is the lawsuit, which will give the company cash and maybe a bump in price, at least in the short run. They still need to decide on what business they will pursue, whether they will do something like COOP (not EVs) or some other business. The current Board of Directors suited be an EV company, though I wouldn't rule it out.
Still not sure what the pictures have to do with Nu Ride, as they currently have nothing to do with Nu Ride. The sedan doesn't have anything to do with LandX, as near as I can tell.
