At Electric Last Mile Solutions, Inc., we promise to treat your data with respect and will not share your information with any third party. investors@luminartech.com. Investor Presentation - March 2016. At Kuaishou, any user . Copyright They planned to build EVs from primarily US parts and materials. With the firing resigning of the CEO and Chairman new management estimated ELMS cash balance to be $132 to $142 million as of 12-31-2021. To pay a massive premium for a scrapped factory you would need to either be a horrible businessman or a puppet for your former company. Electric Last Mile Solutions (ELMS) is a SPAC that was founded in November of 2020 by James (Jim) Taylor. Fuzzy Panda makes no representation, express or implied, as to the accuracy, timeliness, or completeness of any such information or with regard to the results to be obtained from its use. Import-Export records once again confirm that the ELMS Urban Utility is coming direct from China as a fully built vehicles. Pantheon Resources plc is an oil and gas exploration, appraisal and development company listed on Londons AIM market with a 100% working interest in a number of high impact projects located onshore Alaska, USA, advantageously located adjacent to pipeline and transport infrastructure. 41. Shares of Electric Last Mile Solutions (NASDAQ:ELMS) are plummeting lower by more than 60% after the company announced that it would liquidate its assets through a Chapter 7 bankruptcy filing. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. With more than 850 fast charging locations, EVgo's charging network serves over 60 metropolitan areas across 30 states, owns and operates the most public fast charging locations in the U.S. and serves more than 500,000 . SERES co-CEO in mid-2020 that was none other than James Taylor. Elms College is a modern part of a living tradition established over 300 years ago by the Sisters of St. Joseph a bold group of devout, progressive changemakers. Arrival has developed a revolutionary process of design and production - an entirely new approach to creating electric vehicles. To view the PDFs you will need the free Adobe Acrobat reader. The best pitch decks start with a real problem. If you are in the United Kingdom, you confirm that you are accessing research and materials as or on behalf of: (a) an investment professional falling within Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the FPO); or (b) high net worth entity falling within Article 49 of the FPO. Latest Presentation Mar 1, 2023. Session 4 - Empowering employees, Delighting customers. Mark Komonoski Investor Relations 877-255-8483 mark@metamaterial.com Transfer Agent First American Stock Transfer 4747 N. 7th St. Suite 170 Phoenix, AZ 85014 602-485-1346 www.FirstAmericanStock.com Read our FAQ. Outset (Nasdaq: OM) is a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis. 450-432-5466. Explore our electric vehicle products and see for yourself the extended benefits that are included. Eos Energy Enterprises, Inc. The ELMS management team, led by CEO and co-founder James Taylor, combines executive experience from GM, Workhorse, FCA, BMW, Key Safety Systems, and other leading OEMs and Tier 1 manufacturers,. a#7ujaL-Qz |kkR%v/@qkDX=uF11;cBdCBe8Q94(bAt2d ]-j p]qk W^m]r.cYdM2 Kuaishou has relentlessly been focusing on serving its customers and creating value for them through the continual innovation and optimization of its products and services. 1. ALL TEXT & IMAGES COPYRIGHT PANTHEON RESOURCESPRIVACY POLICY / COOKIES POLICY, Investor Presentation (Alaska) September 2019, Investor Conference Call Presentation 2009, Focussed high-impact US natural gas exploration potential. Second Quarter 2021 Financial and Operating Highlights Financial Highlights Revenues of $19.3 million . You further agree that you will not communicate the contents of reports and other materials on this site to any other person unless that person has agreed to be bound by these same terms of service. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Shauna McIntyre has served as interim CEO in the meantime. Canaccord Genuity Growth Conference - August 12, 2015. the ELMS Urban Utility Vehicle. Instead of negotiating a great deal for the ELMS shareholders James (Jim) Taylor, CEO, who was just fired, decided to pay more than the factory had cost to SERESfor a scraped factory. Jim was not only a former Workhorse Group CEO & Chairman himself but also but he was also the chairman and mentor that oversaw Steve Burns as CEO. However, sales reps at Randy Marion (the only authorized ELMS dealer) told us in January 2022 that they currently have ~250 available on their lot today. Michigan State University (MSU) Free pilot concluded & no order placed: MSU did a pilot in Dec 2021 which was announced to much fanfare. Industry. 1. The big idea that lead to the business idea. BSE India. James Taylors first move as ELMS CEO was to commit a significant amount of his investors capital to buy a factory from his former company and keep them from writing off an idled factory. Investor Presentation May 2022 (pdf, 907 KB) 16 May 2022 : Download (pdf, 907 KB) Select an item: Investor Presentation April 2022 (pdf, 5.88 MB) 26 Apr 2022 . Detailed information on stock Next Event More events are coming soon. Required fields denoted by an asterisk (). Virtually every other EV manufacturer has long backlogs and no inventory available for sale, let alone a significant amount of inventory sitting around available for sale on a lot. The two executives allegedly purchased shares of their own company at a discount before an independent valuation was calculated. Notably he left right before the Q3-2021 results so this long-time experienced CFO was not the CFO that signed off on ELMS first revenue reports. The events schedule will be published shortly. Ginkgo has also actively supported a number of COVID-19 response efforts, including community testing, epidemiological tracing, vaccine development and therapeutics discovery. Investor Conference Call Transcript December 11, 2020 . The Tablo Hemodialysis System, FDA cleared for use from the hospital to the home, represents a significant technological advancement that transforms the dialysis experience for patients . Commvault is a global leader in data management. Environmental, Social and Governance (ESG), Allegro MicroSystems to Host Inaugural Analyst Dayon March 14, 2023, Allegro MicroSystems Reports Fiscal Third Quarter 2023 Results, Polar Semiconductor Investment and Expansion, Allegro MicroSystems 3Q Fiscal 2023 Financial Results. This is a university level policy., Salesmen also think the vehicle is most comparable to a Golf Cart.. The only identifiable difference we could see between what ELMS is considering pre-production & post-production vehicles. SERES [SF Motors] had shut down the team and were stuck with that factoryIt would have been pretty bad if SERES had to write-down the factory. Minority or majority investments, growth capital or liquidity for founders and early investors. Shares of ELMS stock are now down more than 95% year-to-date. You should assume that as of the publication date of their reports and research, Fuzzy Panda and possibly any companies affiliated with them and their members, partners, employees, consultants, clients and/or investors (the Fuzzy Panda Affiliates) have a short position in all stocks (and/or options, swaps, and other derivatives related to the stock) and bonds of companies covered in such reports and research. Analyst Day 2022. Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the Investor Presentation to be made at the Investors Conference scheduled to be held on February 28, 2023 is enclosed herewith. Auto Parts . We spoke with a former GM colleague of Jims to see if a horrible related party deal was something he was likely to execute. Session 3B - Tech for Change. Overview Investor presentations and pitch decks by companies in Consumer Cyclical sector Filter. Because right before founding ELMS Jim Taylor was the CEO of SERES! If you are a potential ELMS customer you can import the very same electric vehicles 50% cheaper directly from Wuling Automotive or Yuejin (starting at $13,500). The Investor Relations website contains information about Microvast Holdings, Inc's business for stockholders, . MSU administrators we spoke with said the vehicle ran fine but they didnt order it because the ELMS Urban Delivery performance was only slightly better operationally than MSUs current EV golf-carts but ELMSs vehicles were too expensive. Arlo combines an intelligent cloud infrastructure and mobile app with a variety of smart connected devices that transform the way people experience the connected lifestyle. If you are an investor, you and really wanted to invest in class 1 EV vehicles then you could even buy Wuling Automotives stock (0305.HK or WLMTF) at a 26x P/E and a 15% lower market cap. Often when speaking to an entrepreneur, they share absolute gold about . ELMS 45,000 non-binding Pre-order History: When we have spoken with ELMS employees and management and asked who these mysterious pre-orders were from and how ELMS was able to generate large orders so quickly. They told us: Even the spokesman for Randy Marion Automotive during his test drive for advertising the vehicle exclaims: Its topping out at 20 miles per hour, thats full throttleit drives basically like a golf-cart.. By providing your email address below, you are providing consent to Electric Last Mile Solutions, Inc. to send you the requested Investor Email Alert updates. ELMSs major customer is Randy Marion Automotive Contracts show that Randy Marion has the right to RETURN all the vehicles purchased from ELMS. You understand and agree that Fuzzy Panda does not have any investment advisory relationship with you or fiduciary duties to you. Innovation with Purpose. Investor Relations . You must click the activation link in order to complete your subscription. All expressions of opinion and conclusions are subject to change without notice, and Fuzzy Panda does not undertake to update or supplement any reports or any of the information, analysis and opinion contained in them. You must click the activation link in order to complete your subscription. WE CHALLENGE WHAT EXISTS FOR THE BENEFIT OF ALL. ELMS was not created completely out of thin air. The cash crunch is initially obscured by is the fact that ELMS is slowly paying down the overpriced factory they acquired and the rest of those payments fall over the next 15 months and are due by 4-30-2023. On the date of publication, Eddie Pan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. Build a Compelling Story to Hook Investors. ELMS claims to be one the first of the new SPACtacular EV companies to generate revenue. We are short ELMS. Q4 2015 Generac Holdings Inc. Earnings Conference Call. Internet Retail. Since the departure of the two executives, Electric Last Mile has been unable to obtain financing. 1 0 obj Today, it carries a market cap of about $23 million. If you have obtained Fuzzy Pandas research in any manner other than by downloading from that link, you may not read such research without going to that link and agreeing to the Terms of Service. endobj Minimum 15 minutes delayed. Archived Events. 10-K Filing. Events & Presentations; Stock Information. Click below to download this software. Company Profile. Q3 2015 Generac Holdings Inc. Earnings Conference Call. The company was founded in 2016 by Dakota Semler and Giordano Sordoni, two former fleet owners and operators, who sought to build an electric vehicle to solve the . Turns out Jim is both. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. You can sign up for additional alert options at any time. Session 1 - GPS Strategy Execution. Events & Presentations. Allegro's diverse product portfolio provides efficient and reliable . Investor Relations Investor Relations Zero-emission mobility solutions for your city. By providing your email address below, you are providing consent to Electric Last Mile Solutions, Inc. to send you the requested Investor Email Alert updates. PDF HTML. Symbotic reinvents the warehouse as a strategic asset for the worlds largest retail, wholesale, and food & beverage companies. Unfortunately for new management and ELMS investors, based on our extensive research into ELMS we think this is just the tip of the iceberg. endobj During the middle of one weekday, we discovered a total of just 13 vehicles in the ELMS employee parking lot. This is the same ELMS factory that is supposed to be producing 300-500 vehicles in Q4-2021. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. The EV company had initially planned to import EV delivery vans for China and assemble them at a General Motors (NYSE:GM) plant. But by July 2019, SERES had already announced they were halting production and announced large layoffs. ELMS is importing fully assembled Chinese vehicles and misleading their customers by saying they were Made in the USA or Produced in Mishawaka, Indiana.. Past Events. Welcome to our Investor Relations section. Quick Links. Shares of ELMS stock are now down more than 95% year-to-date. Data Provided by Refinitiv. This is not an offer to sell or a solicitation of an offer to buy any security, nor shall Fuzzy Panda offer, sell or buy any security to or from any person through this site or reports on this site. 5 Investors Betting Big on Exela (XELA) Stock in 2023, ELMS Stock Plunges 60% as Electric Last Mile Announces Liquidation. Allegros diverse product portfolio provides efficient and reliable solutions for the electrification of vehicles, automotive ADAS safety features, automation for Industry 4.0 and power-saving technologies for data centers and green energy applications. The company has no competitive advantage, no technological advantage, and is running low on cash. All of these C-suite exits coincide with ELMS decision to start booking revenue from the Randy Marion shuffle. Administrators informed us that Notre Dame doesnt purchase things that are manufactured in China, as much as we can avoid it. Empire Stock Transfer Inc. 1859 Whitney Mesa Dr. Henderson, NV 89014 A new method for radical impact. The events schedule will be published shortly. The Investor Presentation is also available on the website of the Company i.e. 1125 N. Charles St, Baltimore, MD 21201. We are now a publicly-traded company as of November 5th, 2021. Safety Testing Customer Configuration Video . We discovered that the imported Chinese vehicles have actually been sold via an agreement that according to GAAP should be considered CONSIGNMENT which should NOT be booked as revenue. stream x[[o~Gy3'Yb`C#;:uT!%sxp9bC~|>*|)?+[./5eWIpu= p/2Aq**?=`uzruwzr~+qOO4bYw`%a07xzr$4 O?#&''b'98E-&&P)_cSydI#*ai$#\3?6M|64,vL2U8eXW,#[ex6k8 XBRL. Eddie Pan specializes in institutional investments and insider activity. Their stock wouldve taken a massive hit.. After submitting your request, you will receive an activation email to the requested email address. 2U, Inc. Fourth Quarter and Full Year 2022 Earnings Call. Investors can read our past Trend Investing article: "Tesla - A Look At The Positives And The Negatives", where we rated the stock a buy. Investor Relations Corporate Profile. Jim was a nice guy, but a colossal idiot.. 2018 Investor Presentation . The factory was purchased at a ridiculously high price which bailed out ELMS CEOs former Chinese company. Latest News Feb 23, 2023 4:01 PM EST 12900 McKinley Highway, Mishawaka, Indiana, Workhorse Group: Active SEC Investigation + Fake Orders + Lost to Two EVs in USPS Bid + New EVs Already Breaking Down = Glue Factory for Workhorse, EVGO A Broken ESG Company Connected to Jeffrey Epstein, Lordstown Motors has a DOJ and SEC investigation and is -82% since its fake order book faade was blown off by, Workhorse Group has a DOJ and SEC investigation and is -86% since, Import Records show ELMS is importing fully assembled Chinese vehicles and trying to pass them off as Made in the USA.. Prior to joining Henderson in 2002, he spent eight years as a founding partner at Portfolio Partners. Nov 8, 2022 at 8:00 AM EST Arrival Third Quarter 2022 Financial Results Webinar. Glassdoor reviews at SERES are even less kind to Jim than the employees we spoke with: [SERES] current US CEO, [James Taylor], is a washed out (failure) from another Chinese funded train wreck, Karma Auto. James Taylor, ELMS CEO, was chairman of Workhorse Group while Steve Burns was WKHS CEO. It just didnt make sense to order at that price point.. ELMS was founded by another former Workhorse CEO and we think ELMS will end up the same way as both Lordstown and Workhorse. May 10, 2022. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Former Chairman and CEO of Workhorse. Some of ELMS pre-order customers or customers in discussion from their investor presentation or highlighted on social media share some of the exact same non-fleet customers for Lordstown Motors. He writes for InvestorPlaces Todays Market team, which centers on the latest news involving popular stocks. Depositphotos - Paha_L. 1125 N. Charles St, Baltimore, MD 21201. Investor presentations are an important but often overlooked aspect of entrepreneurial efforts to secure financing for their businesses. Lions vehicles and technology benefit frommore than ten million miles driven by more than 800 of its purpose-built all-electric vehicles that are on the road today, in real-life operating conditions. Purchased from the company ELMS recently fired CEO used to run at a >, A factory they overpaid for from the CEOs former company, Carrying Volume 170 cubic feet of carrying volume (, Glovis pilot Glovis announced a pilot of ELMS. According to ELMS order agreement with used and new car dealer Randy Marion Automotive Group, all the vehicles ELMS has sold to them are actually eligible for return via a Buyer Put Right. Thus, Randy Marion is able to return any unsold inventory to ELMS (pg 5). Will Be Even Bigger Than Your Wildest Expectation, 7 Over-$100 Stocks That Are Worth Every Penny, Louis Navellier and the InvestorPlace Research Staff, Michael Burry Is Betting Big on These 2 AI Stocks. We're empowering communities to unlock true sustainability. Presentations are particularly important to small. Last month, the company warned that it might run out of cash during June. Stock Quote & Chart; Historical Price Lookup; Investment Calculator; Analyst Coverage; Financials. PDF HTML. Further, any report on this site contains a very large measure of analysis and opinion. See active subscriptions. Investor Relations Core Scientific develops and operates high-performance, large-scale blockchain data centers to produce digital assets for our company and our clients. We aim to provide clear and comprehensive information about JTC PLC that is easy to find and easy to use. Our cloud-based platform creates a seamless, end-to-end connected lifestyle solution that provides users visibility, insight and a powerful means to help protect and connect . OAK BROOK, Ill., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Portillo's Inc. ("Portillo's") (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced that it will be reporting fourth quarter and full year 2022 financial results on March 2, 2023 before Fuzzy Panda and the Fuzzy Panda Affiliates do not render investment advice to anyone unless they have an investment adviser-client relationship with that person evidenced in writing. The companys market capitalization peaked at $1.4 billion shortly after its market debut. (10-k pg 27). Specialty Retail. Investor Relations Building the Next U.S. Lithium Project Through Partnership and Innovation: An unconventional approach - applying innovative proprietary technologies and strategic partnerships to build the next U.S. lithium project. Copyright 2023 InvestorPlace Media, LLC. Notre Dame also did a free pilot of 1 ELMS Urban Delivery vehicle in multiple departments and the pilot lasted until Thanksgiving, so about two months. You must click the activation link in order to complete your subscription. The curb weight of the ELMS Urban Delivery Vehicle = 3,133 LBS! The lack of assembly or modifications by ELMS is also shown by the fact that Wulings EV50 had the same specs as the ELMS Urban Delivery Vehicle. Mass Exodus in C-Suite CTO & GC also resign in November 2021; CEO & Chairman Feb 1,2022. "I want to assure all our stakeholders, including customers, suppliers, investors and employees, of our continued focus and dedication to the Companys ongoing business and mission." November 22, 2022 08:30 AM ET Super Group is the holding company for leading global online sports betting and gaming businesses: Betway, a premier online sports betting brand, and Spin, a multi-brand online casino offering. View Presentation. University of Maryland 301.405.1500 | itsupport@umd.edu 2017 All rights reserved Web Accessibility | Privacy Notice 301.405. . Events and Presentations | Lilium N.V. Events and Presentations Upcoming Events Mar 16, 2023 JP Morgan 2023 Industrials Conference Add to Outlook Add to Google Calendar Past Events Dec 21, 2022 at 2:00 PM CET General Meeting 2022 Dec 6, 2022 at 8:00 AM EST Q3'22 Business Update Webcast Webcast 2022 Q3 Letter to Shareholders You can sign up for additional alert options at any time. LinkedIn records indicate there are only 16 ELMS employees in that South Bend area. You agree that use of the research on this website or report is at your own risk. Burns is the disgraced Lordstown Motors's CEO. You can sign up for additional alert options at any time. Transfer Agent. There is little to no demand and pilot customers arent ordering. In addition, BDO LLP, the companys auditor, quit just one week after the two executives left. Subscribe New All new decks. SEC Filings; . ELMS 1,000 binding orders from Randy Marion Automotive are actually all returnable. SERES initially bought the plant for $110 million invested and ~$15 million in capex for retooling. Lion is a leader in the design, development, manufacturing, and distribution of purpose-built all-electric medium and heavy-duty urban vehicles. <> expected number of Microfactories in operation by 2024, and Arrival Group's projected future results, including estimates related to revenue, gross margins, EBITDA and gross margins. You represent that you have sufficient investment sophistication to critically assess the information, analysis and opinion on this site or in this report. If you have any specific questions that are not answered by the material you find here, please get in touch and we will be happy to assist. Presentation. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Electric Last Mile will be the first post-SPAC electric vehicle (EV) maker to file for bankruptcy. Multiple employees described SERES (owned by Sokon) as being stuck with the factory. We asked workers how many assembly line workers were there currently? they replied: Well let me say there are a lot of bosses but not many workers.. Notre Dame Free pilot concluded & no order placed: Notre Dame announced their ELMS pilot back in the Summer of 2021. DEFINE PAYMENTS ON YOUR OWN TERMS. Not only is Steve Burns the disgraced former CEO of Lordstown Motors but the whole WKHS management team under James Taylor at that time (CFO, CEO, President) went on to run Lordstown Motors. . To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. These benefits range from savings, a decrease in maintenance issues, and a better environment for everyone. Fuzzy Pandas research and reports express their opinions, which are based upon generally available information, field and online research, and inferences and deductions through due diligence and the analytical process. Session 6 - MSME. ELMS announced generating 30,000 pre-orders and are going public , ELMS update market they have more than 45,000 pre-orders . FRONT >> Pres > View All. ELMS is an EV pretender formed just 1 month before it announced going public. GreenPower Investor Presentation KEEP UP WITH OUR LATEST UPDATES! 268 presentation decks . T: +44 20 7484 5361 / E: contact@pantheonresources.com, T: +44 20 7484 5359E: contact@pantheonresources.com, USA, North Slope Alaska Oil Appraisal and Development. PDF Version. ELMS Utility Vehicle turns out is actually SAICs Yuejin EV Light Truck with an ELMS logo. Thus, excluding the factory payment liability ELMS really only has ~$66.4m or ~$0.56 per share as of 12-31-2021 and since ELMS is currently burning an estimated $11.25m per month that puts them at ~$55m or $0.47 today. Fuzzy Panda will not update any report or information on this website to reflect such positions or changes in such positions. NT 10-K Filing. ELMS followed the Lordstown Motors pre-orders playbook and began announcing impossibly high pre-order numbers straight out of the gate. Their reported accounts receivable exactly match the Q3 reported revenue. ELMS More than 30 years at General Motors, serving as the President of Cadillac and CEO of Hummer. After submitting your request, you will receive an activation email to the requested email address. 3 0 obj We provide a simple and unified Data Management Platform that spans all your data - regardless of where it lives (on . All rights reserved. ELMS, which will bring to market what we believe will be a transformative electric Giving investment advice requires knowledge of your financial situation, investment objectives, and risk tolerance, and Fuzzy Panda has no such knowledge about you. Is sending SPAC IPO proceeds back to the CEOs former company self-dealing? Why Is Novavax (NVAX) Stock Up 12% Today? Feb 02, 2023 04:30 PM ET. To the best of their ability and belief, all information contained in their reports is accurate and reliable, and has been obtained from public sources believed to be accurate and reliable, and they have not obtained information from persons who are insiders or connected persons of the stock covered or who may otherwise owe any fiduciary duty or duty of confidentiality to the issuer. The most we saw in any visit was ~35 vehicles another trip. 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