Data Provided by Refinitiv. in ELMS Electric Last Mile Solutions (ELMS) is a SPAC that was founded in November of 2020 by James (Jim) Taylor. POWER TO THE PREPARED TM. These forward-looking statements generally are identified by 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. They booked their first revenue and deliveries in Q3-2021. At Electric Last Mile Solutions, Inc., we promise to treat your data with respect and will not share your information with any third party. PDF . 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. At Super Group (SGHC) Limited, we promise to treat your data with respect and will not share your information with any third party. At Kuaishou, any user . . 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 . To view the PDFs you will need the free Adobe Acrobat reader. Events & Presentations. You can sign up for additional alert options at any time. Recent Event Mar 1, 2023 10:00 am EST. XBRL. Stay informed and receive company updates straight to your inbox. 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. When we asked a Randy Marion salesman how the vehicle performs in the field. DEFINE PAYMENTS ON YOUR OWN TERMS. He was initially based in Melbourne, where he managed derivatives and . If you download or receive the contents of reports or other materials on this site as an agent for any other person, you are binding your principal to these same Terms of Service. 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. Investor Presentations. Investor Relations. 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. By downloading from or viewing material on this website and/or by reading this report, you agree to the following Terms of Service. Sign up below to get this incredible offer! You must click the activation link in order to complete your subscription. 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. Lorem ipsum dolor sit amet, consectetur adipiscing elit. A new presentation will be published shortly. In March, the company had announced it was under investigation by the U.S. Securities and Exchange Commission (SEC). Allegro's diverse product portfolio provides efficient and reliable . Generac Holdings Inc Second Quarter 2015 Earnings Call. Source: Shutterstock. 3 0 obj Outset (Nasdaq: OM) is a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis. If you experience any issues with this process, please contact us for further assistance. Fuzzy Panda and the Fuzzy Panda Affiliates intend to continue transactions in the securities of issuers covered on this site for an indefinite period after their first report on a subject company, and they may be short, neutral, or long at any time hereafter regardless of initial position and the views stated in Fuzzy Panda research. Internet Retail. 1. As a result, the company has yet to file its 2021 annual report and Q1 2022 earnings report. This is a university level policy., Salesmen also think the vehicle is most comparable to a Golf Cart.. They all decided to RETURN the vehicles without placing an order. 2 0 obj 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. Inspired to innovate, Allegro MicroSystems is redefining the future of sensing and power semiconductor technologies. You can sign up for additional alert options at any time. The bills of lading for ELMS tell the truth that ELMS management is trying to obscure. <> The Investor Relations website contains information about Microvast Holdings, Inc's business for stockholders, . xi.1 D mUgT[={d.DY~-0qnkx]guv%^=T-7&riC}%tN),FVSg>Yb'Cmvgg>U@S_m. %PDF-1.5 This is the same ELMS factory that is supposed to be producing 300-500 vehicles in Q4-2021. Burns is the disgraced Lordstown Motorss CEO. Formers employees told us that in 2020 the parent company was intending to take a large write-down on the factorys asset value. ELMS managed to come public at a $1.4 billion valuation. 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. 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. 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). A month before that, the company announced the unexpected resignations of its CEO and chairman. Feb 02, 2023 04:30 PM ET. ELMS has imported 23 of the Yuejin Electric Light Trucks to date a.k.a. ELMS is yet another Workhorse-connected casualty founded by another former Workhorse CEO. investors@luminartech.com. The only identifiable difference we could see between what ELMS is considering pre-production & post-production vehicles. This comes after its CEO and chairman resigned in February. Shares of ELMS stock are now down more than 95% year-to-date. Gateway Investor Relations Matt Glover & Tom Colton T: 949-574-3860 [email protected] Transfer Agent. The company is embroiled in regulatory investigations; job opportunities for hardworking Midwesterners lost; and the stock down >80%. Arrival Third Quarter 2022 Financial Results Webinar, Arrival Second Quarter 2022 Financial Results Webinar, Deutsche Bank Global Auto Industry Conference, Arrival First Quarter 2022 Financial Results Webinar, Jefferies/BNP Paribas Exane Spring Autos Conference, Arrival Fourth Quarter 2021 Financial Results Webinar, Arrival Third Quarter 2021 Financial Results Webinar, BofA European Autos and Future Car Conference. 2U, Inc. Fourth Quarter and Full Year 2022 Earnings Call. It's important to create a cohesive story that grabs the attention of the investors right off the bat. ?t E^Q(V l6#~hLz^ .,_+aD(.=RqM %[J Welcome to our Investor Relations section. 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 average of all the 385 Wuling Electric Cargo Vans imported by ELMS in 2021 (see appendix B import records) happens to be 1422 kg per vehicle or 3,135 LBS. The imported vehicles that arrive from China and are already assembled and include both the essential EV parts: Motors, Batteries, Chassis but even the doors, windows, etc. In no event will you hold Fuzzy Panda or any affiliated party, including officers, directors, employees and agents of Fuzzy Panda or any companies affiliated with them, liable for any direct or indirect losses caused by any your use of information on this site. 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 Past Events. After submitting your request, you will receive an activation email to the requested email address. You agree that the expressions of information in this report are copyrighted and owned by Fuzzy Panda Research, and you therefore agree not to distribute this report or any excerpts from it (whether the downloaded file, copies / images / reproductions, or the link to these files) in any manner other than by providing the following link: www.fuzzypandaresearch.com. ELMS is an EV pretender formed just 1 month before it announced going public. <>>> 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. You must click the activation link in order to complete your subscription. 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. Session 3A - Banking on Data. Allegro MicroSystems is a leading global designer, developer, fabless manufacturer and marketer of sensor integrated circuits (ICs) and application-specific analog power ICs enabling emerging technologies in the automotive and industrial markets. Shares of ELMS stock are now down more than 95% year-to-date. 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. The hype driven management that took the company public 6 months ago (CEO, CFO, CTO, Chairman, GC) have now all jumped ship. Prior to his role as CEO of SERES, he was at Karma Automotive as Chief Revenue Officer. Explore our electric vehicle products and see for yourself the extended benefits that are included. 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. Lions current development pipeline consists of six additional all-electric urban vehicles. View Presentation. If you experience any issues with this process, please contact us for further assistance. Investing Mullen (NASDAQ: MULN) is a Southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions and electric vehicles. 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.. Instead of writing off the factory we believe that James Taylor and Jason Luo created ELMS and then immediately bought the GM factory from SERES (for a higher price than SERES paid). a#7ujaL-Qz |kkR%v/@qkDX=uF11;cBdCBe8Q94(bAt2d ]-j p]qk W^m]r.cYdM2 doKwE2%Pp+%*hQ)1!^>I='akgm&'h$JD|1 We think ELMS has potentially been questionably booking revenue. 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 . Commvault is a global leader in data management. Super Group are uniquely positioned in global online gaming, with a powerful combination of profitability and growth. 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. Equity LifeStyle Properties, Inc. Two North Riverside Plaza Chicago, Illinois 60606 1-800-274-7314 Copyright 2023 InvestorPlace Media, LLC. endobj Electric Last Mile will pursue a Chapter 7 bankruptcy process. The most we saw in any visit was ~35 vehicles another trip. A Chapter 7 filing allows a company to liquidate its assets in order to pay off creditors. SEC Filings; News; Governance Documents; Contact Us. We are now a publicly-traded company as of November 5th, 2021. Minimum 15 minutes delayed. You can sign up for additional alert options at any time. Weve spoken with multiple of ELMS customers who piloted the ELMS Urban Delivery Vehicle for FREE. Stifel 2015 Industrials Conference. 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. Quick Links. Investor presentations are an important but often overlooked aspect of entrepreneurial efforts to secure financing for their businesses. Baird Industrial Conference - November 10, 2015. The large scale of our operations, conducted in partnership with specialist hosting center operators, makes our network of miners highly secure, without heavy capital expenditure or maintenance costs Our >39,000 miners produce a hash rate of 2.7 EH/S at maximum capacity, with 4,396 bitcoins earned to date We spoke with a former GM colleague of Jims to see if a horrible related party deal was something he was likely to execute. You further agree to do your own research and due diligence before making any investment decision with respect to securities covered herein. Investor Relations. Allegro MicroSystems is a leading global designer, developer, fabless manufacturer and marketer of sensor integrated circuits (ICs) and application-specific analog power ICs enabling emerging technologies in the automotive and industrial markets. VP, IR and Sustainable Development, isabelle.adjahi@thelionelectric.com However, such information is presented as is, without warranty of any kind, whether express or implied. The EV company had initially planned to import EV delivery vans for China and assemble them at a General Motors (NYSE:GM) plant. Further, any report on this site contains a very large measure of analysis and opinion. "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." Copyright 2023 Symbotic Inc. All rights reserved. Investor Relations A.I.-Powered Robotics for the Supply Chain About Symbotic Symbotic is an automation technology leader reimagining the supply chain with its end-to-end, A.I.-Powered robotic and software platform. 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. Their stock wouldve taken a massive hit.. This presentation (together with oral statements made in connection herewith, this "Presentation") is provided for informational purposes only and has been prepared to assist interested parties in making their own evaluation with respect to a potential business combination between Lion Buses Inc. (d/b/a The Lion Electric Co.) ("Lion Electric" or Be in the Know. 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. 2018 Investor Presentation . After submitting your request, you will receive an activation email to the requested email address. A new method for radical impact. When asked about ELMS repackaging a Chinese made EV administrators informed us that Notre Dame has strict university level ban AGAINST buying made in China products due to Chinese labor practices. But by July 2019, SERES had already announced they were halting production and announced large layoffs. Unfortunately for new management and ELMS investors, based on our extensive research into ELMS we think this is just the tip of the iceberg. Turns out Jim is both. Import-export records show that thus far ELMS have imported an estimated 385 Urban Delivery Vans in 2021 and another 20 in 2022. Former Chairman and CEO of Workhorse. ELMS 1,000 binding orders from Randy Marion Automotive are actually all returnable. Latest News Feb 23, 2023 4:01 PM EST Copyright To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. endobj 1125 N. Charles St, Baltimore, MD 21201. This factory purchase price only makes sense when you understand who ELMS CEO was buying the factory from. It just didnt make sense to order at that price point.. PDF HTML. Yet ELMS decided to purchase the Mishawaka Factory for $197.6 million. Sign up to receive updates, news articles, recent blog posts and more! ELMS has a significant remaining liability for the purchase of the factory that should amount to $70.5 million as of the end of Q4. Super Groups key management roles have 20+ years of industry experience supported by a fully-scaled employee base. 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. NASDAQ: ELMS $0.19 Vol: 15,717,841 Investor Relations "I want to assure all our stakeholders, including customers, suppliers, investors and employees, of our continued focus and dedication to the Company's ongoing business and mission." - Shauna McIntyre, ELMS Interim CEO and President ELMS Locations Troy, MI (Headquarters) Mishawaka, IN ELMS was not created completely out of thin air. ELMS announced generating 30,000 pre-orders and are going public , ELMS update market they have more than 45,000 pre-orders . We provide a simple and unified Data Management Platform that spans all your data - regardless of where it lives (on . Company Presentation Stock Information NASDAQ: SEV $0.62 ISIN NL0015000N74 WKN A3C7QW Change -0.2218 (-26.40%) Volume 2,913,929 52 Week High $8.75 52 Week Low $0.79 24 February, 2023 10:57 AM EST Data Provided by Refinitiv. LinkedIn records indicate there are only 16 ELMS employees in that South Bend area. Lordstown is under DOJ and SEC investigation for creating fake pre-orders. Division of Information Technology. 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. 5 Hypergrowth Stocks With 10X Potential in 2023, Robert Bollinger: Meet the Man Behind Mullens Push Into Commercial EVs, A.I. Because right before founding ELMS Jim Taylor was the CEO of SERES! Nasdaq Five Elms is the ideal partner for leading B2B software companies We invest $5-75 million in companies with $2-20 million in revenues. 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. This further shows that Randy Marion does not even need to outlay any cash for the vehicles despite taking delivery. The curb weight of the ELMS Urban Delivery Vehicle = 3,133 LBS! Former President and CEO of Key Safety Systems (now Joyson Safety Systems). Where regulators might have found that ELMS crossed the line into illegal territory is regarding their binding orders and revenue recognition with Randy Marion Automotive. Ginkgo has also actively supported a number of COVID-19 response efforts, including community testing, epidemiological tracing, vaccine development and therapeutics discovery. After submitting your request, you will receive an activation email to the requested email address. |]) r5|AI"*|='(M}jnX1EX+Td0RL>H+/(h)+!L)cV%*}HTFL:D]?9kD{i It also includes tips on how to structure your company, find the right partners, and develop a strong team. 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 best pitch decks start with a real problem. PDF Version. The factory was shut down when ELMS bought it. Auto Manufacturers. Session 2 - Axis 2.0 Digital Bank. We are short ELMS. The factory was purchased at a ridiculously high price which bailed out ELMS CEOs former Chinese company. Today, it carries a market cap of about $23 million. Don't lose the voice of the founder in your pitch. You agree that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to this report or the material on this website must be filed within one (1) year after such claim or cause of action arose or be forever barred. Full details can be found on the Contact Us tab above. All rights reserved. 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. Find out more about Super Groups governance and access our range of key documents. Corporate Profile. Q4 2015 Generac Holdings Inc. Earnings Conference Call. COMPANY HIGHLIGHTS 26.3 Mi Market cap 1.3 Bi Third Quarter 2022 Processing Volume 22.5 Mi ELMS founding CTO Kev Adjemian and the General Counsel & Chief Legal Officer Benjamin Wu both left the company November 2021. Auto Parts . LEARN MORE 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. ELMS followed the Lordstown Motors pre-orders playbook and began announcing impossibly high pre-order numbers straight out of the gate. They therefore stand to realize significant gains in the event that the prices of either equity or debt securities of the subject companies decline. Subscribe New All new decks. Last Event endobj The two executives allegedly purchased shares of their own company at a discount before an independent valuation was calculated. Transfer Agent. SERES co-CEO in mid-2020 that was none other than James Taylor. Reported revenue is actually returnable and improperly booked. 65. Presentations are particularly important to small. If any provision of these Terms of Service is found by a court of competent jurisdiction to be invalid, the parties nevertheless agree that the court should endeavor to give effect to the parties intentions as reflected in the provision and rule that the other provisions of these Terms of Service remain in full force and effect, in particular as to this governing law and jurisdiction provision. Build a Compelling Story to Hook Investors. stream 268 presentation decks . Events & Presentations; Stock Information. % The companys market capitalization peaked at $1.4 billion shortly after its market debut. In addition, BDO LLP, the companys auditor, quit just one week after the two executives left. 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 . Luxury Goods. Our Intelligent Data Services help your organization do amazing things with your data by transforming how you protect, store, and use it. You must click the activation link in order to complete your subscription. ZIP. 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.. 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.. The Investor Presentation is also available on the website of the Company i.e.