 10 and I just wanted to go over this in conjunction with the last video I did on the Lordstown CEO talk during Q3 call and this is kind of the equivalent of the Foxconn CEO. I'm going to skip through a lot of this. This is November 10 so it's current so we can start Foxconn purchase 50 million of stock directly from Lordstown for $6.89 a share. That's kind of a good good faith money up front. They're going to sell the Lordstown facility the total with the hub motor and battery line separate $230 million. A down payment of $100 million by November 18th that's a capital infusion and subsequent down payments and this I don't think made very clear. There's $250 million subsequent payments so they're going to have $100 more in OPEX in November 18 this month February 1st next year they're going to have $50 million and no later than April 15th in 2022 they're going to have another $50 million. So $100 million this year and then basically in Q1 2022 they're going to have another $100 million so that's $200 million and then the balance of the purchase price will be paid at closing and the closing is targeted for April 30th 2022 now that's going to be another infusion in April so in April we already have 50 million and then we have coming in on the 30th we have the final payment okay which is $30 million but in addition they're going to get a first payment for the OPEX of the plant from September 121 to this date which could be as much as $230 million in my estimation have to see but you know so you're looking $100 million this year another $100 million in April Q1 of next year and then again at the beginning of Q2 next year possibly $230 million cash infusion so I don't know it depends how this accounting is worked out maybe Lordstown won't need to raise capital it'll be close but I think that was unclear and I don't think I did a very good job of stating it here but you can pause this and read this yourself and come to your own conclusion there but that's that's it's this kicker reimbursement of the of the OPEX that is the kicker and depending on how much they attribute to this and I don't know how they're going to do that accounting plus this 30 million I have an estimate down here of a 230 million so next year in 2022 they're going to get 50 million 50 million 100 million right and then maybe 230 million more so that would be 330 million possibly cash infusion from this deal next year and 100 million this year so this may finance the internally finance the production of the endurance in addition to the 50 million shares they bought they're going to get 1.7 million warrants exosizable for three years just three years that's a short time at 1050 strike price okay so they're going to be under pressure to get this stock price up the higher it's up the more they make this gives them and this is just really back in the napkin this gives them an approximately 70 million share interest in lords town the same as general motors has now this is something else that I think is important here uh young lou lou lung we young we chairman on chairman of haun high tech has stated he's talking about the partnership the lords time mortars purchase is going to turn Ohio into haun highs that's fox con technology haun highs most important electric vehicle manufacturing and r&d hub in north america so this is a big deal and i just want to show you why this is a big deal it is fox cons biggest manufacturing r&d hub in north america for evs okay and haun high fox con is the world's largest electronics manufacturer and evs are basically electronics but being the world's largest electronics manufacturer and this is going to be their most their main most important manufacturing and r&d hub in america so this is the world's largest manufacturer of electronics in north town it's going to be their main pressure point in north america anyway guys i just wanted to go over this real quick i'm going to pause this here in case you guys want to see any of this other information you can pause the uh video but i thought that was an interesting take and i wanted to include this with the other information from the previous parsing of the new ceo's lordstand ceo's statements so i think uh there's a lot that people are missing from the feedback i see on the internet on this and uh you guys can pause this and look at these payments i do it it looks like maybe they are internally financing the uh production of the endurance are pretty close to it with this deal we'll have to see what the what uh what the details work out with as far as the manufacturing agreement on the endurance you know will fox con agree to you know take a commission on each sale rather than take the commission up front for the manufacturing that could also happen that would free up more capital anyway this is mxux signing off guys comment like and uh subscribe anybody out there that's a new viewer if you go to my youtube channel you can look at the most recent videos i've done very complete coverage on lordstand motors if you own this stock or want to own ride you should subscribe to my channel and take a look at the catalog of my past videos you'll be able to find anything you want to know about lordstand motors there and ride stock all right this is mxux signing off thanks a lot uh catch you guys later so this is lordstand motors and i'm gonna pass by the supply chain area so you'll see i'm gonna go as slow as i can lot of merchandise and containers that used to not be here i've been here before and all this is new so one can presume these are parts for building these look at that these are all stacks and stacks of something okay and that is lordstand there so