 Hi, this is MXUX. This is MXUX. This is a Lordstown Week news video. It's about Lordstown Week. I'm going to go over how to find a live cast and watch it, camping world news, some insights on insider selling, the interim CEO and Ohio in general. And this is MXUX. So let's get to the video. Okay then, this is the first topic here. Lordstown Motors not part of Camping World's electric future. So this was the big announcement. In my last video I had mentioned that I think that I thought this was the problem and I thought the Otis here was gonna maybe come up with some money and get more deeply involved with Lordstown. They had mentioned joint venture partnership, all kind of different terms. But anyway, this I believe is what did Steve Burns, this was this agreement with the board and the top executive, Schmidt especially, and Darren Post both mentioned we are not going to build the camping world campers or whatever. We're not building campers. And this is the Otis. We are launching electric world with an amazing assortment from around the globe. Linoma said Lordstown Motors will not be part of that. So there you go. Lordstown Motors will not be part of that. So I suspected that this was, now this may be a branding thing. I mean if you look at the response to the camper add on for the Tesla pickup, I mean it's blowing up. I don't know. They got 100,000 orders. I forget. And then you got Rivian with the camping gear, the stove that slides out from the pickup bed, whatever. So I don't know. I didn't, it didn't bother me personally. I thought it was, you know, made sense, synergy. But you know, there's branding people now that are in charge and they may have felt that this was going to damage the brand or take the brand off into a direction they didn't want to go. So anyway, that makes it formal. Here's the tweet we are launching without, you know, blah, blah, blah. Okay, announced a partnership, announced a partnership and they were going to provide service and maintenance and roadside assistance. Anyway, and they were going to build the shells to become EV campers. I think this is a good market. I think somebody's going to make hay with it. Maybe Lordstown will come back to this. But you know, with limited resources I imagine they wanted to focus. Who knows? I think it was a branding thing. I don't know. Anyway, I think that's what the wedge that separated Steve Burns from the board was this whole concept. So moving on to the next slide. Now I want to get into the Lordstown Motors, the insider selling, which has been such a big deal all over the internet. From all the haters, you know, they got the stiff neck and you know, they got the head like a canned ham and you know, the chick with the phony accent. And they're all foreign by the way, not that that's a thing I'm just saying. Anyway, this is a summary of the insider trading stock hut has gone over this. This is old news, but I just wanted to give you this here. The number of shares sold was a million, million and a half. The number bought was 46, 47 million by insiders. So what is that? 40 to one. Okay. And everybody was talking about the sales. All right. There you go. 40 to one. Now, let's just look at these sales. Darren post. And that was on 24. Okay. February four. Rodriguez, the CFO to four. Schmidt to three. One to two. Shane to two and Schmidt again on to two. Now I have written down here somewhere. I think I think it was about $25 a share at that time when they sold. And you can see here 20,000 70,000 170,000 190,000 and 290 and 350,000 something like that. All right. Here's the prices right here to strike prices. Okay. Now, everybody's saying, Well, that's before the before the bad news came out on the earnings call and all this. Well, I got another theory. I'm just going to put this out there by way of explanation. I think the key event that happened right around here was the award of the postal. And this was on 223. So this was about what two weeks later, a little less than that. And announced that Oshkosh got the US postal delivery vehicle contract, the entire contract. This, by the way, was an abomination. And this, I mean, I don't see how this can stand. They need to investigate the insider selling insider buying. You know, this head of the postal service needs to be investigated by the SEC and FBI. As far as I'm concerned, there was all kind of insider trading going on around this whole thing. And I mean, it's just ridiculous. I mean, granted, workhorse, perhaps not the whole contract, but a portion of the contract. And I'm going to go over later why this is so critical to have this electric fleet on the road in the United States of America for the country and for the modernization of our grid and for the implementation of electric vehicles and for us to still be a leader in the world. You know, this is all very important to go backwards on this. And I mean, this is just an abomination. So anyway, this was February 23rd. I personally think that they may not have had the inside information, but they may have looked like it was going that way. I, and I'm sure a lot of these guys thought, and everybody was suspecting that if workhorse got this contract, Lordstown was going to build the trucks for and that or the trucks were going to be built on the Lordstown line, or the trucks were going to be assembled at Lordstown. And, you know, that's part of the panache of the company and, you know, the press and everything. And when they didn't get it, I think, and also the income, so certainly from that effort, early income, I think a lot of these guys sold out. That's my opinion. I don't know. That's a scenario. Okay. Again, these are all two four first week in February. This was the third week in February. So two weeks before this. And then just here's the the call was until May 21st. So that's, you know, I don't know, three months later. So I don't, I don't know. Going concern risk was on June 8th. That was even farther away. That was very much, you know, four or five months away. So I think I think actually the reason for this selling was the postal contract, my opinion, my scenario. What do you think? Tell me what you think. All right. Now, and this is the going concern announcement, which, by the way, this is a box they have to check on that form when they file it. And this is boilerplate. We all know what, you know, the cash situation is and so forth. And the debt situation is so they have to base that on current accounting. So you know, we all know what's going on with this, all the fans. Now I want to talk about this is this is very interesting. This is Angela Strand. She's an MBA out of Tennessee. She's the acting CEO now, I believe. Experienced with more fleets OEMs, utilities, financing, infrastructure, deploy electric trucks. She's a ride director since 2020 and lead independent director since 20 April 2021. And holder seven patents patents and manager director of strand strategy, blah, blah, blah. Anyway, the interesting thing about her that I don't I thought I read it on this website, but I can't seem to find it now. Angela strand is also a board member of a new V holding corporation. Now, if you haven't heard of new V, new V's a SPAC that came out. And here's the one month one month chart on on new V. It's doing the SPAC blow up melt down and then crawl back up. But it's doing pretty good here. And the last month, I actually own a bit of this stock. Anyway, the point is, see, it's a pre revenue the market cap, you know, it's a small market cap. However, they do have operations in Europe. They have operations in Denmark and a lot of the other European states. This is a company that does the vehicle to grid technology, and the vehicle integrated vehicle giv platform. Now, now the way this works is, and I'm just going to give you a hamfisted explanation. You know how the F 150 says they'll, they'll, you know, power your house. That's kind of a sideways version of this. This is vehicle to grid. And this involves a bit of special hardware and inverter in the truck itself. And then the truck battery pack. And then they have a special charging device, you know, like the electric hose that you hook up to the truck. That's that's mounted on to a special technology circuit board or whatever the firmware that's in that as well. What this enables is they the truck can charge through that outlet. And it can also during peak demand, it can supply power to the grid seamlessly. And you can set up parameters as to when you want it to charge and when you don't want it to charge and so forth. And the idea here is, you know, you want to balance demand. I believe these giant utilities like to run at 60 Hertz. I'm not sure you guys that are engineers have to tell me anyway. The point is, if they run below that, it's no good. If they run above that, it's no good. So when you have this vehicle to grid software and hardware implemented in your fleet, it's like having a giant yard full of Tesla Powerwalls basically. And you can customize it to power your facility or you can customize it to, you know, provide either storage space, basically supply storage space to the grid or to sell electricity back to the grid. You can actually make I think in Denmark right now, they're talking about $2,000 a year. It does cause a minor amount of battery degradation like 2% over a number of years. So it's not, it's not that it's not a big deal for the truck. But anyway, the point is, I mentioned the postal service earlier. If we had electric postal delivery vehicles, and we had this technology on those electric postal vehicles, can you imagine the size of the Powerwall we'd have in the United States of America? Do you think we'd have any blackouts? Do you think Texas would lose power? Do you think, I mean, I don't know about Texas. I don't know how they got it set up down there. But the point is, this would have been, this would have put America right at the cutting edge, would have upgraded our utility infrastructure. I mean, you know, selling the workhorse vans made by Ride and then with this technology in them. And I'll tell you something else, and I'm working on a video on this. You know, the demand that the wide acceptance of electric vehicles is going to put on the grid. You're going to have transformers blowing up. I mean, there's going to be brownouts, there's going to be all kind of stuff going on. I read somewhere that an EV uses about the same load on a grid as three homes. So anyway, average size homes. So anyway, the point is, you know, having this, having this V2G resource of all those postal trucks, can you imagine how this would have upgraded our grid? Because everybody's talking about, well, how are we going to meet demand? How are we going to upgrade our grid? You know, the last thing these fire companies want to do is shut down a generating source when there's no demand. So they need to store it somewhere. Where do you store it? Vehicle to grid. Okay. And you know, and again, you can program this a million different ways and they have statistics and so forth. This was actually developed back in the first iteration of electric vehicles. It was a concept by a university professor that has been taken up in modernized. But anyway, I wonder if Angela Strand, well, Angela Strand, I believe, is going to work with new V2G to implement this along with the endurance. I would imagine I do not know. But I think it would be a great system to have in place with the fleet operators. They provide the chargers and the technology and everything. And I think they have a management fee they charge or whatever. But the point is, I have a feeling, since she sits on the board of this company, that they're going to implement this in the fleet applications for Lordstown. And now this may have been part of the reason they wanted to get away from the Otis. And they want to, you know, they want to keep everything self-contained. They don't want to take any partnerships or anything on. Could be. I don't know. But anyway, I think it's a very interesting company, interesting technology. It's interesting that the acting CEO of Lordstown is on this board. And I think, and I have seen a presentation on the endurance that says they can be equipped as an option to do this. So the technology is there, execution, implementation. Anyway, pretty interesting. I did not know this before the other day. It's kind of hard to find out. I hope you guys like it. That's a scoop. And let's look at that chart again. Hey, hey, baby. Whoo. Look at that. All right. Anyway. All right. Now, this is another topic that's getting extremely difficult to find. And StockHut, I watched all StockHut. Hey, shout out to StockHut. I watched all StockHut's videos today. I had to get on, had to get on the YouTube and get this information out. Now here, this is difficult to find. It's not on their website. I saw a brief flash of it on YouTube as an announcement, but I could not find it again. It's kind of a waiting in queue for the live stream. Anyway, Lordstown Motors, and this is June 8th. Okay. All right. Lordstown Motors announces live from Lordstown Virtual Tour. Lordstown Motors announced this morning it would host a live from Lordstown Virtual Tour preview of the startup electric manufacturers operations on Friday, June 25th. It's going to cap off Lordstown Week as we prepare to open our doors. And so they're letting the investors and the fleet customers and analysts all go in first. And I think some locals as well. The virtual presentation will include a tour of the plant, a preview of Lordstown Motors vehicle lineup, and a ride along experience in a 21 Lordstown Adurance. The presentation will be followed by a live question and answer session with Lordstown Motors executives. So this is what we've all been asking for. And now here's the rug. Those interested in participating event can visit the company's website LordstownMotors.com on June 25th at 2 30 p.m. So they are saying here you got to visit the website at 2 30. Whether that's going to be streamed to YouTube, I don't it doesn't appear that it's going to be. It might be shown as a recorded video later. I think stock had mentioned that he was going to try to stream this. But in any case, this is how you can view it go to LordstownMotors.com June 25th at 2 30 p.m. And I guess that's local time. And so that's a four hour time difference. So for us, it would be the 10 a.m. Something like that, maybe for Pacific time. Anyway, and then I just wanted to say something about I've been watching the videos from I'm going to just show a short snippet of a video that's been taken at Lordstown Week. One thing I love about Lordstown Week is you got a bunch of guys, you know, they're a little rumpled, they're a little maybe a little punchy, you know, but they they got their stuff together. They got this truck. The truck's running good. Did you see the moose test? I'm a big moose test guys, that thing is the moose testing it's not even fitted out yet or finished with the torque vectoring. That is a big deal. Anyway, the point is, you know, it's Lordstown, it's Ohio, they got the guy demonstrating the military EVs got the tats, you know, he's got his biceps out, you know what I mean? Hey, puts his hat on backwards getting a truck driving through the mud in the field there. I'm brambling. The point is, compare that to Tesla, where they got the style Elon Musk is all styled. Who styled him? He's got his personal stylist. And then the guy that designs the cars, what's his name, Sven or whatever his name is. Again, looks like a Calvin Klein model styled. Yeah, Lordstown, real people making real trucks for real people. I like it. Anyway, that's just my two cents. You know, in California, it's Ohio. America. That's why I think these haters can't stand it. Because it's so American. You know, anyway, I don't want to get off on that tip again. Anyway, just for closing here, I'm just going to show you this is just a quick, I'm just going to show a snippet of this. I'm going to go to I'm going to play a little bit. I'm going to go to full screen here. Pass that. We're going to go into it. There you go. Then we'll do tight turn. And there's the interior of the truck. I think it looks great. I think it's great to finally see the inside of the truck. And I do like the interior. You know, it's normal. Have you guys done any? Anyway, personally, and they're talking about load testing here. And I just want to tell you, I was looking over the Ford stats today. Most of the people that bought the retail bought the highest price truck with the biggest battery. I was looking at their fleet and sales. There are so many gotchas on that thing. Well, if you want to have this tone, you got to get this battery pack, you got to get this supreme pack, you got to get this, you got to get that. I mean, you could tell the CEO is a car guy. So anyway, you can look at these videos on on YouTube stock hot has links to them. I don't want to use too much of this video. I wanted to show the the I love that screen. I love the way that interior looks. I wanted to show the Moose test here where they're swerving in between these cones. I guess I didn't queue it up right. All right. Anyway, this is a look I love that dash. Anyway, all right. So I'm going to kill this now. And this is MX UX and I hope you liked this video. I'm going to do a close at the end and review. Thanks for watching. Okay, this is MX UX. This is a risk on stock. It's a pre revenue spec startup and it could result in catastrophic losses. Seek professional guidance. I'm not a financial advisor. Okay. Anyway, a lot of interesting stuff here. I thought I'd want to share with you, especially how to see the live stream there. I had a hard time finding that. Hope you guys liked the video. Just in closing, I'll just say, I think the endurance looks great. It's seeing a finished truck like that. It's riding great. I love it because it doesn't have any motor noise either. You know, it's a few squeaks there but they're going to work those out. No electric motor noise. Anyway, here's a bumper. The F 150 lightning planted a total remake in 2025. So they obviously didn't get it right. Thanks. Thanks for watching guys. MX UX.