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JoshTaeger

03/23/24 12:20 AM

#8053 RE: Saving Grace #8051

"hired". That's the operative word. They are hired to do a job...with the resources they have. Based on the expertise that they have.

And that all points to finishing the winding up of NoRide. Those NOLs have a value to some other concern that is actually going, i.e., a going concern. Those directors will work to find potential buyers to maximize the value of the NOLs. Meanwhile, NoRide's cash will continue to dwindle as it operates WITHOUT a means to generate revenue, notwithstanding nominal amounts from interest earned on their cash.

Isn't it interesting that...

...those photos of "Lordstown Russia" and those prototypes that never went into full production have disappeared. Likewise, the references to Hightower and whatever he happened to be doing at the time. Now, the focus has to fall on a handful of individuals who had nothing to do with NoRide six months ago, but are now certainly being compensated to do what they do best...divest what resources NoRide has.
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Saving Grace

03/23/24 6:35 PM

#8054 RE: Saving Grace #8051

5 highly qualified investment bankers have been seated as Directors of the company. One or two Investment bankers is great but NU Ride Inc. seated Five Investment Bankers and the new CEO equals Six. Tah Dah, they know what's coming and have already prepared for it. Do the math. NU Ride Inc. is going to rocket and we all know it.

NU Ride Inc. sure didn't need 6 highly accredited Investment Bankers to liquidate. The huge amount of money and assets they will receive from Foxconn lawsuit will certainly require top dog Investment bankers to manage the proceeds.

Lordstown Motors Corp represent an American Corp. that was sabotaged by a foreign company with political powers.

The American company will receive favor with the lawsuit against Foxconn and everyone knows this. Paid bashers wouldn't be here otherwise. A good sign for what's to come. It's going to be big. NU Ride Inc. isn't just a play on words. NU Ride Inc. is the real deal with 90 Acres of commercial/industrial zoned property located right next to the plant.

If they were liquidating like the dip shit says, they would have unloaded that land already.

Big pay day is coming soon.

5 highly qualified investment bankers have been hired and seated as Directors of the company. One or two Investment bankers is great but NU Ride Inc. hired and seated Five Investment Bankers and the new CEO equals Six. Tah Dah, they know what's coming and have already prepared for it. Do the math. NU Ride Inc. is going to rocket and we all know it.

Bullish
Bullish
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dss19552002

03/24/24 10:19 PM

#8067 RE: Saving Grace #8051

You didn't actually answer my question.