 Okay, I'm back. So I'm going to go over the LMC Fox conglomerate here. I'm calling it the conglomerate. And again, Foxconn and Lourdes Town are connected at the hip with this joint venture and joint production agreement and joint distribution agreement. I think we all know what that is. If not, take a look at my prior videos. Let me just get started on this. Now companies in the growing Foxconn Lourdes Time Motors BEV syndicate. The first company is Fisker and that's presently at 841. The pair, start of commercial production is scheduled for 2024. This is the affordable BEV compact crossover. Okay, this will be manufactured at Lourdes Town, Ohio under contract by Foxconn. Okay, that is in absolute certainty. Now rumor is that it will be based on the MIH platform, which would mean Lourdes Town Motors will be involved through the joint venture and should earn fees and possible royalties on each unit sold. So you have that and I think it most likely is based on the MIH platform. Henry Fisker is a designer and Lourdes Town is going to take his design prototype and turn it into a manufacturable vehicle and then get it certified and homologated and Foxconn is going to build it. So we've got Fisker with the pair and again and LMC designing engineering will likely be involved even if it's not an MIH platform vehicle because if it's going into the Lourdes Town factory they're going to have to tweak the design based on the capabilities of Lourdes Town which is Lourdes Town Motors plant first and foremost. Ocean. Now this is the second vehicle. Ocean is a mid-sized BEV crossover so $10,000 more expensive. Magna was to be the contract manufacturer. It's called the FM29 platform by Magna. They have a binding contract to make this car but the inflation reduction act may change things. I don't know. Magna is technically a Canadian company but they have manufacturing all over the world. Perhaps you guys can tell me. I'm not sure if they were planning on making the ocean in China which we keep costs down and then shipping it out for distribution. If that were the case it's not going to be available for any of the incentives under the inflation reduction act. So and I heard Henry Fisker in an interview actually talking about thinking about where they were going to make this vehicle because of the legislation that was passed. Now would they move it? If they were going to move it somewhere where would they move it? Of course they'd move it to Lourdes Town because they already got one vehicle being built there the pair. But again Magna Canadian company the manufacturer vehicles all over the world you can take a look at their website. I seem to recall China was going to be one of the manufacturing exams for this vehicle and they also have a production in Canada but if that were to change I mean so far Lourdes Town and Foxconn do have the pair and it might get the ocean to this is speculation on my part. Now let's talk about the next company that's in the Foxconn Lourdes Town web pair. This is Stellantis and I believe the price is $1309. There's a bunch of different Stellantis subdivisions and so forth anyway. Initially the CEO was anti BEV. He said there was no way to make a profit on BEVs. Now he's changed course and stated he's all in on BEVs. Now as I mentioned in my previous video I believe there's a 50-50 joint venture with Foxconn to develop chips and subsystems for ICE and BEV platforms and that's set to go to commercial production in 2024 and this includes things like chips maybe analog braking system chips circuit board sub assemblies and motor assemblies to run windshield wipers these types of things also includes cloud self-driving and infotainment as related to autos and generally speaking the auto environment the interior environment. Now Stellantis has a lot of different brands they make a lot of different cars I'm just going to focus in on a couple of them here. Now the Dodge and Jeep brands are two Stellantis brands that came under Stellantis in the takeover or the Perch buyout whatever last year. Now they just previewed the battery electric vehicle the charger the new charger which is a very attractive looking car. The challenger is likely to be I do believe they have stated that all of their muscle cars are going to become battery electric vehicles okay their entire muscle car line and these are very popular cars in the ICE version so I'm sure they're going to do well electrically. Now the other thing of course that Dodge has is the RAM pickup all right that's also going to be BEB and that is coming I believe in in 2024. Also the Jeep models are basically trucks but they do have the Gladiator pickup. Now again Stellantis is in a 50-50 joint venture with Foxconn to develop components. We have the inflation reduction app. I'm sure that Dodge and Jeep have ICE plants building these it would it be more efficient to have these vehicles contract manufactured by Foxconn at the Lordstown plant? Yes would Lordstown motors do the engineering? Yes now on these pickup trucks could they use a copy of the platform they already have? Yes or could they have that adapt hub motors? Yes so again since Stellantis is already in a 50-50 you know they're kind of having an affair with Foxconn. Foxconn is cheating on Lordstown there but these are their vehicles and you know they want to qualify under the inflation reduction act we know what has to happen. Now the rumor and I mentioned this in my previous video is that Stellantis is working with Foxconn on a battery electric vehicle for Europe there's no proof like this and again here I mentioned the inflation reduction act. BVs must be assembled in North America Canada USA and Mexico so Lordstown Ohio is a possible source for contract manufacturing and you really can't mention Foxconn contract manufacturing in Lordstown Ohio especially but perhaps throughout the world without LMC engineering and design so I think you know this this is an association that's I would say is going to bear fruit at some point in time for Lordstown motors okay would dodge for example and this is pure speculation I have no information on this would dodge for example want to offer a medium priced battery electric pickup truck and would that medium priced battery electric pickup truck be a rebranded Lordstown endurance I don't know sounds pretty likely to me could happen don't know don't don't make any investments based on that do your own dg but anyway another so you've got uh Fisker very exciting we've got the pair I don't know they may may move that ocean over um Stellantis again already in a 5050 joint venture with Foxconn moving into BVs they've got all these light vehicles you know would a white label truck be a potential would Lordstown engineering will Stellantis because they did the CEO said that it's not profitable would they want to outsource their manufacturing makes perfect sense to a contract manufacturer like Foxconn who's going to make all the component parts anyway all right so moving forward now we have workhorse now this is very interesting this is a Cincinnati based company it's a public company um Steve Burns was the CEO of workhorse and he left workhorse to start Lordstown virus and Steve Burns was the driving force behind workhorse and this was kind of a shade tree backyard inventor company Steve Burns was out in the wilderness working on BEVs before anybody let me just go through that a little bit here the LMC endorsed be a pickup which is in production now was first designed at workhorse and first it was it was a hybrid uh like a like a like a Prius so it had a battery a short range battery and internal combustion engine then it was kind of like the BMW what is it the i3 where it had a battery on board and then it had a small internal combustion engine that ran a generator that would charge that battery and then finally it became a full battery electric vehicle uh being and Steve Burns has been working on electric pickup trucks longer than anybody in the business you know everybody's talking about Rivian I want to tell you something about Rivian everything Rivian did fail and all they tried to do is build cars you know and their truck is having a hard time it's overly complex the you know the glass roof is failing the rolling taunier cover is failing I understand the suspension system adjusts all the time it stops signs and so forth but Steve Burns was way ahead of the curve of scaring scaring on really developing real pickup trucks you know this is in Cincinnati where real people live where real people need real pickup trucks not a gear tunnel anyway so Steve Burns developed that and then he got involved with Olaf and and hub motors and he was one of the very first to do this if not the first right after Olafie got certification in the European markets and you can look at my video Lordstown videos on the hub motor on the Olafie Olaf at home motor and you can go through the entire history of how this happened it's very interesting and you can see how those hub motors work and why Burns chose him he look he got the license for this for North America and then he moved the program over to Lordstown motors okay so it left workhorse and graduated to Lordstown motors now part of this deal this so Lordstown took Burns or Burns left Lord's workhorse for Lordstown and they had to buy them out because of this technology this was some of their main technology they basically had two product lines which was the pickup truck and the two different levels of box van delivery vans part of this deal was a 10 stock interest in Lordstown motors which workhorse received as part of the deal they got a new CEO at workhorse don't know much about them I have covered workhorse in the past I have videos on them I had diverted my attention pretty much full time to Lordstown motors seeing the opportunity there I wanted to get the information out the new CEO who is a military guy sold off this interest had a really bad time that hurt rides the ride stock price and the press was bad and you'll see later why I think this is this is a question about the CEO's skillset now right around this time General motors also sold and I would add this new CEO at workhorse and again I'm not going to criticize but they had trucks out and customers hands putting miles on them and you know he decided to recall everything and you know do a redesign I don't know what he's doing I have to take a close look at the company again I'm going to question his skillset based on this stock sale but let's move on to the rest about workhorse workhorse also made a run at the bv postal vehicle contract okay now this was supposed to be a shoe in because again uh workhorse was ahead of everybody on the curb forward everybody on these electric vehicles these electric delivery vehicles um net avan slash box truck also developed initially by burns and you know they had the endurance platform uh the plan was to get this contract and to assemble these postal office battery electric vehicles at Lordstown motors by burns so it would be just a carry on of the workhorse efforts by burns at Lordstown so hey they were going to get the contract they were going to build the trucks at Lordstown the contract went to another firm and this is a very I got PA postal it's postal office post office this is a very sketch I mean I have uh several videos going over this deal I do believe initially uh workhorse was hamstrung intentionally as they were favoring uh Ford they actually stalled the approval of the vehicle to give Ford a chance to get a battery electric vehicle out and and Ford never even had one to do the they did the evaluation on a gas fire vehicle uh the evaluation drive by the workhorse um vehicle was Ford line fraud in my opinion you I'll I'll just allege that I don't know but you gotta read watch my videos on this if you want the inside story on this you talk about scuttling a brand and scuttling a product and and just uh something where workhorse had you know a right to win that contract which would have made so much sense for the country and would have been so much better for the country and for the environment for the budget of the post office and for everything and they gave it to I believe Oshkosh who never made an electric vehicle in their life and they build tanks you know could it be any worse you know and and like I said I believe they held it for Ford and then when Ford couldn't get it done they gave it to Oshkosh but anyway they there was just a outright war against uh workhorse getting this and by the way uh the postmaster I had a video planned on him I mentioned this before I did a lot of research on him I didn't put it out because I was afraid of legal action you gotta you gotta look into this guy's background maybe I mean I'm not I'm just I shouldn't say that just allege that you take a look at it and decide for yourself but anyway uh Biden is trying to get the leadership out at the postal service if they do um they may open up this contract again as it is these are going to all be ice the new postal vehicles are going to be ice vehicles they're going to convert a certain percentage of them to battery electric it's not very good for the country or the budget uh so maybe uh this administration the Biden administration can do something about that now so as part of the deal to split the endurance better battery electric pickup truck off from workhorse and create uh LMC with burns workhorse uh in 2020 was paid 12.2 million by Lord Stein motors for rights to the endurance uh BV to become a Lord Stein motors product so that moved the entire product and program over to Lord Stein motors that was 12 mil uh also workhorse and this you can see how workhorse is joined at the hip with Lord Stein motors why the CEO would want to sell the stock and damage uh you know the financial position and so forth of Lord Stein motors unless they were on the verge of bankruptcy I do not know uh but look at this workhorse will receive a license fee equal to one percent of the gross salvia uh price for each Lord Stein motors truck up to the first 200 000 units okay and that's from the Youngstown business journal you can look that up and read for yourself now this is kind of a complex deal uh a lot of these royalties have been paid up front as you can see 200 000 units everybody was saying Steve Burns doesn't know what he's talking about he's lying about the sales let me tell you I have a video about the pre-orders that were in at at uh you don't understand there was no f-150 there was no rivian there was no nothing the the endurance was the only battery electric vehicle pickup truck anyway you can see what they put this amount anyway moving forward uh now a portion of this has been prepaid uh LMC will pay the one percent license fee for the remainder of the two 200 000 units uh to workhorse this should be workhorse here so uh is this going to impact uh Lord Stein you're going to have to look up the details of this deal yourself but I can tell you that in my reading it appears as though the majority of these royalties have been paid ahead of time and it's just a matter of catching up with the remaining ones after production starts but look at that number okay look at that number 200 000 why did they pick 200 000 what do you think you think maybe they had an idea that was going to be an accurate number or maybe that there was going to be more than 200 000 units anyway let's move forward workhorse will also receive an additional four percent commission on the gross sale price of trucks sold to fulfill now listen to this 6000 existing existing pre-orders so at the time this truck went over they had 6000 orders okay okay for the workhorse and this is what it was called the w-15 before it was the endurance that were transferred to Lordstown Motors so Steve Burns's line about orders well here's another 6000 okay and they're going to be paid a commission so they're going to be paid a commission on these 6000 for uh four percent on these existing orders that shouldn't hurt Lordstown's bottom line because they're pre-existing uh so forth uh and again we've got a 200 000 unit mark here so yeah yeah read between the lines okay workhorse also reported it sold off now this is present news it's non-core assets and intellectual property to allow its full strategic focus on uh production this should be production of its last mile c-series delivery vehicles which this military guy recalled them all i don't know you know they said they were underpowered but that wasn't i don't know where that complaint came from i i have to do more research on this but i'm just saying they're going to put their focus on their c-series delivery vehicles and their patented horsefly drone truck-bounded technology and this is dated 2020 now port the horsefly drone truck-mounted technology again this is Steve Burns totally this is Steve Burns invention and this is where the drone is mounted on the roof of the box van and the package is suspended below it and there is a phone app where someone can remotely manage where the drone drops the package on their property and what the truck driver can do is stop and this can either automatically or they can load it and it'll take off and do a delivery and then they'll go and do another delivery and it'll catch up with them and land back on top of the truck and as Steve Burns said uh we can we had one mounted on the truck which is a demo video he goes we can mount eight of these things on a truck and have them run it okay and what they're talking about full strategic focus one of the other things that Steve Burns is working on which everybody's working on now are these you know small aircraft personal and and small aircraft electric aircraft for commuting and doing small flights and you see that all the major airlines are are investing in these companies and you can see all the prototypes out there and you know the major airlines are using are going to use these things to go from smaller airports to bigger airports and they're talking about air taxis and so forth Steve Burns back in the day while he was at what they're talking about full strategic focus one of the things he was focusing on and developed using hub motors was a two-person flying electric vehicle with hub motors that would have auto pilot on it that would uh take you to the destination and so forth now the cool thing about this flying vehicle was it would kind of fit in a normal parking space and when you flew it home uh you folded the arms down because the motors were mounted on arms and we fit in a normal garage okay and they had this thing past the prototype stage where they were flying it and they were flying it tethered okay and the next step was open-air testing anyway now let's just get back to the topic at hand this by the way this flying car uh and also runs on full auto mode full self-driving full self-flying this was sold to a defense contractor who is turning it into or has perhaps secretly turned it into already an autonomous supply delivery vehicle for frontline troops uh and it doesn't require a pilot and they bought the idea they bought everything and that's what it's going to be used for but again Steve Burns ahead of the turf now I just want to talk about this drone delivery uh system uh you know Amazon spent 12 I think 12 billion dollars trying to come up with a strategy for drone delivery they they canceled their home whole product because it's so stupid what Amazon was doing they were going to like build a giant beehive you know like every 50 blocks in a in a city and then they were going to have thousands of drones in these beehives and then they were all going to fly out and go and deliver and fly back can you imagine the noise can you imagine how horrible that would be this again is truck mounted it takes the drones to where they're where they're going to be launched they have short flights uh you can use it not use it flexibility anyway of all and I have looked into drone delivery systems and this is something I've done a video on and let me tell you this is in my opinion the absolute best drone solution and it is the only viable drone delivery system for a company like Amazon or the US Postal Office that's going to work and they've been working on it straight along and they're actually the last time I looked they were using it in a test case delivering medical supplies in the southern United States now Israel's working on a air traffic control system for these types of drones automated aircraft control system and you know they have to this technology has to be licensed by the government but this is extremely valuable if the CEO can execute it and get it to production now they said they they want to focus on horse-flight drone truck mounted delivery this this is a reason you know to look at workhorse stock and I would imagine but I'm not certain I would think this is right up Foxconn and Lordstown motors it's right in their bay that it gets in their wheelhouse this was built I think this again would be contract manufactured at Lordstown that's speculation on my trucks these trucks and now this was the intention initially these trucks the C and the S I forget what the the nomenclature is on these big delivery bands were initially planned to be manufactured at Lordstown motors that was the whole plan start Lordstown motors get the postal contract build the endurance and build the postal vehicles at the Lordstown plant using hub motors it was sabotaged by the dark forces of the American business community which exists could it still happen in the LMC Foxconn world you know this would be a big deal okay but the CEO at workhorse is he up to it now an interesting thing having to do with all this is that the Biden administration is looking into opening up the postal BV contract again possibly and they want to get the postmaster out too but that's a difficult thing to do but so there's that but there's again this is speculation on my part I get accused of being a speculator with Lordstown motors but these are all facts that I'm stating and I'm just using deduction to come to a conclusion here now we have Geely Geely Auto Group is a leading automobile manufacturer based in Hangzhou China founded in 97 of a holding group with several leading brands including Geely Auto Link Proton Cards and Geometry now they build a lot of different things but these are their car brands all right Geely Volvo Zika Lotus Polestar when they got Linko Geometry Zika but you know just look at it you got Polestar you got Lotus Lotus Volvo okay think this is do you think this is a big time of course it is I think everybody's over this company heard of this company I don't know if you know BYD would be a Buffett's company in 2021 Fox Count entered into a joint venture which was a precursor of the MIH concept with Geely so this is something they were thinking about then it has progressed to the MIH contract I think this probably is still in the effect in 2022 a subsidiary now this is this year subsidiary and Geely and a subsidiary of Foxconn okay have formed and funded a JV to produce chips for the auto industry so this is all on the download it's kind of hidden in subsidiaries and there isn't a lot of information on it anywhere very a little else is known at the moment but again these guys Foxconn is cheating on Lordstown Motors again with Geely and you look at all these Geely vehicles Polestar I believe right now is built in China not sure where Lotus is made I think I don't think it's England anymore but if they want to make these brands they and Volvo of course now if they want these electric vehicles of these brands and these other brands as well to get into the U.S. market and to get the tax credits and so forth you're gonna have to make them in North America that would be Canada U.S. and Mexico they're already in bed with Foxconn Lordstown Motors I mean even if Foxconn decides to build assembly plants in Mexico and Canada that could be five years away let's say even at that point it I think there's still a very good chance that Lordstown Motors is going to be involved in the design of obligation certification of these vehicles generating fees generating you know percentages on each unit sold and so forth I think we could say that with a bit of certainty but again this is just just another I mean this is a giant web of companies that are related to Foxconn and now Lordstown Motors is joined at the hip with Foxconn so they're related they're related to these companies as well and you know both Danny Avagi and Hightower said reason we came to Lordstown work with Foxconn so this is why now I believe this is the final company is Fairday Future you can see this price uh China's Geedy Holding said on Friday it in Foxconn are intoxicated by provide contract manufacturing services to Fairday Future Geely had said that in a statement to sign a framework agreement to offer technology engineering support to Fairday Future and become a minor investor in Fairday Future's list so there you go now they said Geely signed the contract Foxconn was involved in the talks we don't know where that is now again there's not a lot of news on this this is the January 2021 article so it's kind of an old article but you can see again the association with this vehicle and I think you know I have done a number of videos videos on Fairday Future let's just go through the rest of this presentation I'm not going to talk about it anyway so I have covered I have a video coming I did a ton of research and I was getting ready to do the video and I got sidetracked by Lordstown Motors issues so anyway now I have talked to staff at Fairday Future now they plan to make a halo car that's their big 91 in the USA in Fremont California people saying oh well there's only 200 well you know this is a halo car this is the first year production this is Royce level of luxury it puts the Royce SUV to shame this is a fantastic car take a look at it take a look at the videos take a look at my videos on it about the interior environment in this vehicle and the technology wow now so they were going to build the halo car in the United States in Fremont California then there is a mid-range line that they have planned you know based on this halo car and they were going to build that in South Korea and for export so forth and then they have a third tier which is an affordable range kind of like the Fisker line and they were going to build that in China for domestic and export markets now this was their plan all along somebody saying well they can only go well you know they're just building a halo car in Fremont okay forget about it okay they got much bigger plans than that but this was before the inflation reduction now so if they want to sell a mainstream affordable car in the United States that's what the implication or a mid-level crossover whatever you want to call it and they want to get the tax cut it's they're going to have to build that vehicle in North America and that's either China United States or Mexico and again Geely's an investor in Faraday Future and a joint venture partner with Foxconn Foxconn's already talked to them about contract manufacturing services could these lower lower-end models end up being built in Lordstown, Ohio and engineered for production promulgation so forth by Lordstown Motors for Foxconn generating fees and percentages on units sold I don't think this is outside of realm of possibility now I just want to go over some additional things on Faraday Future because I have done a lot of work on this company this is a breakthrough vehicle I mean the cockpit is something else it's I believe the only the battery is fully immersed in a non flammable liquid it doesn't have cooling channels it doesn't have little tubelets it's sitting in liquid which allows for massively fast charging and massively fast dispensing of energy out of the battery and it's safer and so forth so I believe this is the only only vehicle electric vehicle right now that's doing this. YT is China's Elon Musk and he's a dynamic visionary you have to look up YT he invented Netflix before there was Netflix he invented China he made billions on the internet he decided to go into electric vehicles and his top competitor was Elon Musk now they had a dismal failure at the launch of their FF91 at a trade show wasn't the vehicle's fault it was the wireless communications were hampered by the structure of uh that they were in and they could not get the car to operate function function properly because of that and it looked bad there was actually nothing wrong with it that hurt that hurt the brand but YT is very cool and he has got a high-risk profile he's very much Elon Musk um you know 10 years ago at least uh everybody's trying to make oh they're talking about oh in-car entertainment and oh the screens and oh and we got to do this YT you look at look at for it 10 years ago maybe more than 10 years ago YT was doing all this not only was he doing it he did it he got it all in the car he got it working he got the car exists that everyone wants to make right now uh you know because the catalytic lyric is trying to be what uh you know Foxconn and these guys uh Stolanus are planning for the interior environment you know and all the cloud that's all YT did that 10 years ago more than 10 years ago um I've spoken to the staff at fair day future to a few of them they are very loyal they are loyal to YT they are loyal to the brand they are committed they are very proud of the superior battery electric vehicle they have made I met some of them they were kind of in a chase car for a testing vehicle and they were going to drive the vehicle the test vehicle around they never made it but I didn't get my test right in a prototype but anyway uh most all of the staff from the beginning has stayed with this company through thick and thin that's how much they believe in this product and YT okay now now YT you know after this horrendous downturn and the shortened reports the stored reports and everything else uh he went into debt he went into a form of bankruptcy he had to hide out he couldn't go back to China because they were after him they were going to put him in jail because he had so he hid out in the United States and kept working on this car but uh as of my last bit of research which was a while ago uh he had mended his ties with the CCP he had paid back massive amounts of the money that he owed I think he was working to pay he he has pledged that he is going to repay every penny that he owes because people had invested with him and you know the investment is going on and so forth but he he has remediated his reputation in China so he's in good stead in China and and he's working to repay everyone and and you know Roger Sun or whatever you want to call it anyway uh and he was exiled in California for a while and couldn't go back to China and so for it but those are solved now there's a new set of problems at uh their day future but let's just say the ff 91 deliveries are supposed to start at the end of 2022 and again they're saying oh there's only 200 it's a halo car this is a Rolls Royce this is Rolls Royce level this is better than a Rolls Royce you have to look at the car compare it feature by feature with the Rolls Royce uh SUV not even close uh now the top engineers this is just come out some of the top engineers at fair at fair day future are stating that one of the board members and I'm not sure if it's the chairman or what it's it's a female board member they state that she is working against fair day futures financial interests she's trying to force a restructuring of the company they won her out so there's this drama okay and as I said these engineers have all stuck with this company from the start and they are against this board member and they have gone public on okay this is just breaking news in october 21 shortened to stored attack by j capple again now look what they're doing move over lords town right fair day stands for investment vehicle okay blah blah blah will ever sell a car well you know you're wrong so far nothing but a bucket to collect money from us investors and point about well you know i'm sorry there's so much activity going on in china and you can understand this is a n what a nasdaq listed stopped that has operations in china now you have to conduct you know corporate lawyer and so forth in international law but the way I saw it in my first read of it anyway was investing in fair day future was a way of investing in the chinese battery electric vehicle market through nasdaq having the generally accepted accounting principles having the transparency and reporting that you don't get with the chinese listed companies having access to the chinese market building the affordable level car from fair day future in china I think this can be very powerful of course we have some economic issues in china right now and some other things that change the inflation reduction act which may change these plans but this is I think one of the things besides having a great vehicle that fair day future has to offer you have to do your own dd on that please a complicated topic now this short and distorted attack this this attack as usual you know sec came in it resulted in some reorganization I believe the CEO got his salary cut YT to some others too they redefined YT's role you know and this is a bunch of malarkey okay this is a typical short attack was done as was done the Lord's time others you see they even mention it I now find these attack reports to be a badge of honor for the bv manufacturers attack it means somebody and I have down here oem's question mark maybe dealers I don't know I don't know I mean you'd have to look into that for yourself but anyone who has an interest in the conventional way of manufacturing and selling automobiles are going to be after these companies powers that be have decided that they were a threat and suddenly this support just appeared now fair day future was a threat was a threat to who well I don't know let's just speculate just spit bone here just you know PM Cadillac Lincoln Continental I don't know I'm just guessing that's that I'm not making any accusations you can do your own DD you know with Lord's time others let's see you know who would who would want to be first a lot battery electric pickup truck who would want to stifle that I don't know maybe you know I mean theoretically just spit balling maybe forward anyway ah now one laughable claim in this report I recall was that YT was taking too big of a role in the company behind the Saints versus his defined role now as part of their restructuring his debt restructuring he had to step back some from some of his duties and he was in by uh appointed environmental uh electronic environmental designer or something like that for the vehicle but anyway duh okay how stupid do you have to be to write this stuff he's the founder what do you mean he's taking too big of a role behind the scenes of course he's going to take a role behind the scenes of course it this is so stupid I can't I can't believe I'm reading this I hate these short and distorted these short and distorted attacks could be a flag for investors now this you're going to have to don't I'm not a financial advisor engineer accountant or economic economist I don't I'm just a guy on the internet and don't take my advice please do your own DD any investment can result in the catastrophic loss believe me and that happens and in this market it can happen anyway I'm just going to get back to these s and d attacks could be a flag uh for investors looking for undervalued high risk investments with potentially powerful products the point I'm making here is if it was a crap product that didn't present a threat to anybody you know nobody's going to put out a short and distorted on it why would they it's a waste of time and effort so this is definitely high risk and again guys this is you know this is total loss we're looking at high potential of total losses but I'm just stating this just by going over and reading my own comments here but anyway uh but if you look at Tesla Tesla was a victim of this short and distorted ride and I believe ride is going to to have a I think ride is is and what in this current configuration with fox time if fox clown is a hedge for tesla known tesla uh so even you know ride was even mentioned in this uh in this report uh so the potential uh potential returns can be massive on these types but this is extremely high risk so trust me even with ride even at this point with these markets and everything you have to come to the realization that any any money you invest in a company like riding and again I'm not not a professional I'm just giving you my opinion you're at risk of losing it and the same would be for this stock or any other stock in this book but I just want to give a quote here that I heard from somebody uh you make money when you buy a stock not when you sell it and what does that mean the lower you buy that the more money you're going to make on it so that's kind of a flea market thing you know you can buy stuff for a penny and sell it for a dime anyway the point is um it's just uh you know this is a thought exercise guys you do your own dd and come up with your own strategy and this is of course there's no time for high risk investments uh here's the rub with with uh fair to the future I believe significant investments in plant equipment have been made or planned in china uh to make the affordable per day future uh will the inflation reduction act cause this production to be moved to the USA huh would it make sense to build this vehicle at Lordstown via lmc design and engineering and foxconn contract manufacturing I'd say the probability that is less than 50 50 percent but could it happen so in other words instead of shipping cars over from china which is basically isn't going to be financially feasible under this new act uh they would have the domestic chinese fair day future uh production in china for the you know $40,000 whatever the that price mark would be the lower cost version of this more affordable version of this car so they would have that in china for the chinese market and guess what instead of exporting those cars to the united states they could build those cars at lordstown uh engineered homologated and certified by lordstown motors and built under contract by foxconn and distributed in the united states again uh I don't want to go through this litany of relationships here but you can see how all these things are interlocking is this outside is this crazy talk is this outside of realm of possibility no uh less than 50 percent now but could it change I mean there's possibility I'm just looking here at what these relationships mean uh take a look at my fair day future videos and I got to get this one out I did there was a guy in china who has done several videos you have to translate him from chinese he has a lot of great insights uh into fair day future nyt and so forth anyway moving forward that's a wrap guys I just want to show you this is a 2020 picture of the workhorse battery electric top high top van concept and this was by steve burns and as you can see here I had showed you the spy photo of the high top van and this is another version here I'm not sure if hub motors were available to them when this was done but just to give you an idea and this is under the workhorse logo and um I'm not sure if this is a horse flying drone encapsulation up here or not but just to give you an idea just cross that out and put more side motors on there okay anyway all right this is mx ux I hope you like to move the uh video not a financial advisor engineer accountant or attorney do your own dd ride is a high risk investment is a risk of catastrophic loss the same goes for all the other companies I mentioned here good luck in the market this is him