 Okay, this is MXUX with 10 things you need to know about Ticker Cymbal Ride or what used to be Diamond Peak Holding Company, which is Lordstown Motors. Been a bunch of things that I think have been incorrect that have been on the web about this stock and or company. Let me just go through these slides. On the one website focused on electric vehicles, they mentioned that they have to see a working prototype first, that they thought it was fake. This is totally false. There is a working prototype. There's a new video that just came out that shows a tug of war with the endurance pickup truck doing a tug of war with the Ford F-150, which the Lordstown Motors endurance pickup truck wins. There's a test track video with a closeup of the hub motor operating. Former Vice President Pence wrote out in one at the plan opening. It's on YouTube now. There's many videos showing the working prototype, full size working prototype. You just have to look on the web. So this is false. There is a working prototype. Now another thing that's come up is the wheel hub motor can't work or won't work properly because of unsprung weight. That's weight that's not above the suspension. You know I've done some research on this. The best I can find is that the wheel motor assembly is 70 pounds of unsprung weight per wheel and many commercial trucks carry this weight now. If you look at it, you know just a pickup truck with a set of doolies on it, it's got to be close. Certainly any kind of heavy duty steak bed truck and so forth would have this amount of weight between the hub and the tire and the wheel. So I personally don't think this is a problem. I think the tests of the prototype have proved this out and I think that once they start manufacturing they're going to manufacture the motor as well. They're going to optimize this weight further. This is a non-issue. In regards to the hub motor, Sandy Monroe and Monroe Associates just previewed a new wheel hub motor design that he is planning on using in the three wheel projects, three wheel EV projects he's planning. He liked the design and to the point where he said he's going to be planning on possibly using it in his cars with a gyro chip that would send traction control and stabilization messages to each individual wheel motor. So it fits his Monroe doctrine which is simplicity and design. So there's the number one vote right there, Sandy Monroe on the hub motor. I think the wheel hub motor that's in use by the Lordstown Motors Endurance is a superior design even to Tesla. It eliminates the gear reduction assembly and housing, this big housing that's on most EVs. That housing also has a lubricating and cooling system attached. Tesla uses a similar system attached to this housing. It's also drive shafts, CV joints and axle rods connecting to the hubs. These are all complex internal combustion engineer components that were developed for front wheel drive vehicles. Not necessary in an EV, the hub motor replaces all of this. I think if the hub motor was at the state it is now that Elon Musk probably would have used the hub motor. I think it's, I mean in my personal opinion I'm not an engineer, I think it could possibly be a superior design even to Tesla's. Now about the plant, Lordstown Motors took over a plant from General Motors in Lordstown, Ohio and they purchased this plant with a loan from General Motors and this plant was just recently shut down by General Motors and this plant is a totally modern plant. It has, you know, Elon Musk right now is trying to do 500K production out of his Shanghai plant. This plant can do 500K units a year, no problem. It's got state of the art robotics in it, it was a fully functioning line like less than a year ago and it's got a relatively new German paint shop which is considered to be the best. There's not going to be any finish problems like they had on the Model 3 from this paint shop. This Lordstown plant is on a rail spur and an interstate highway intersection. It is located strategically for distribution. They can ship out hundreds of cars on rail cars and also they can load car carriers and have them on the interstate highway within five minutes and they can ship by these means to the Great Lakes or anywhere else in the United States and to ports internationally. The plant itself, the building pictures that are on the web right now are drone shots of the plant. They don't do justice. It looks like a Walmart or something. This plant is big. If you drive down the backside of this plant, it takes like 30 minutes to get from one end of it to the other. It's gigantic and it's all neatly maintained, the siding is no, the lawn that's around it is mowed, but the sides of this plant, again, it's not represented fairly by the images that are on the web. You have to be there and actually drive around it to see how enormous it is. Just as a side note, LG Chem is building a 3 million square foot EV battery plant right next door to the Lordstown plant. That plant is going to employ 1,100 people, so there's going to be an entire manufacturing complex here, not just Lordstown Motors. The local state and federal government is on board with Lordstown Motors. This area of the country used to be known as the Steel Valley. It was the largest steel producing area in the world outside of a valley in Russia until the 70s, until it was shut down essentially all in one day and basically shipped to China. What the government is doing now and what all the government wants to do and all the horses are charging in the same direction is they want to turn the former Steel Valley into the Voltage Valley. They want to focus the manufacturing there now on EV and renewable energy. There is local funding, state, federal funding, there's tax incentives. We all know about the orders for workhorse and workhorse is a sister company to Lordstown Motors. In any case, there's a lot of political weight behind this project. Excuse me. Coach Tressel is on board. This is an aside, but Coach Tressel used to be the former coach of the Ohio State Buckeyes. He's a very impressive coach. He now heads a local university near Lordstown and this local university has a top-notch engineering school. They've been supplying engineers to the automobile manufacturing, steel manufacturing, electronic manufacturing industries for years. There used to be a company in the area called Packard Electric which produced all the electrical harnesses for example for General Motors. Ninety percent of the talent came out of this university. So Lordstown Motors is not going to have a hard time finding talent. To get to move to this area that's already there. And Tressel's in charge and he's pledged full support and is working, organizing efforts to make sure that Lordstown gets all the support it needs from the university. And I would add that already on staff at Lordstown Motors are a couple of people from Tesla who worked developing manufacturing systems and putting together manufacturing plants for Tesla and also Hitachi is involved. They already have a pretty impressive staff in place and including a lot of the engineers that were with the plant from GM who moved over and who stayed on to work with Lordstown to help them reorganize the plant. And just to give you an idea about this area, this area of the country, the Mahoning Valley had eight residents starting in the NFL in the 1980s all at the same time. So I don't think any other place in the country had that. Anyway, Coach Tressel, he's a pretty dynamic force. The CEO Steve Burns of Lordstown Motors is underestimated. He's a tech guy. I'm going to say like Elon Musk, in any case, he started with the internet. He's founded a couple of internet companies and he worked in high tech. One of the projects he was involved with was he helped create the software that eventually was bought by Apple and became Surrey. So he's a tech guy and he's moved on to EVs much like Elon Musk. And he has years of experience going through several versions of the development of a number of EVs, including the workhorse truck, EV truck, the C100 and so forth. And the endurance which he developed while he was with workhorse and then spun off into this separate company, Lordstown Motors. So don't underestimate Steve Burns. He's soft spoken. He's not on Twitter a lot. He doesn't do a lot of interviews. That's because he's working to get this plan up and running. And he does have the background to do this about the stock. This is a new symbol. OK. This, excuse me, was DPHC, Diamond Peak Holding Company. It was a SPAC, a special purpose acquisition company. It completed the acquisition. It is now traded under RIDE, R-I-D-E, on the NASDAQ. A new symbol, a separate symbol for Lordstown Motors. I searched Google Finance yesterday for it. It didn't come up. There's another service I use on Amazon TV, the Fire Stick, on stocks. It's also not listed there. So this could be in part one of the reasons the stock is at the price it's at. Also, it's following a normal course of boosting up, selling off, and leveling off that all these SPACs have done. And it's consolidating right now. But just to let you know, a lot of people don't even know that this stock is listed under RIDE. So I think that bodes well for us investors who are going in early. The endurance is the truck that Lordstown is going to produce. They're stating it's going to be the first electric pickup truck. They're going to be first to market. It is a four-wheel drive and four-wheel independent suspension. Their claim is it will have the best traction of any pickup truck out there. And the performance of the truck, I advise everybody to take a look at this tug of war with the F-150. I'll tell you what. This truck is badass. Anyway, it's a retro cool truck. It doesn't look like a spaceship. It looks like an industrial design, retro-modern industrial design. It's really cool. It's new, but it's industrial. It's a sleeper. It looks, it's big and husky, but it's got a lot of power and a lot of performance. And it doesn't look like a performance vehicle, but it is. It's got a really great look. The pictures and videos of it, don't do it presence. Take a look at the video where Mike Pence is driven up to the opening of the factory in the truck. And when he gets out, you can compare his size to the size of the truck and see that this is a big truck. It is really cool. The look is cool. The stance is cool. I think a lot of people are going to like this truck. And there's 40,000 pre-orders already. And Burns has already announced that an SUV based on the design of the endurance is in the works and will be their next product. So there you go. Another product pipeline already.