Archived Events. Second Quarter 2021 Financial and Operating Highlights Financial Highlights Revenues of $19.3 million . Detailed information on stock Next Event More events are coming soon. Prior to his role as CEO of SERES, he was at Karma Automotive as Chief Revenue Officer. Overview Investor presentations and pitch decks by companies in Consumer Cyclical sector Filter. Latest Presentation Mar 1, 2023. Leading medium and heavy-duty urban electric vehicle platform targeting significant total addressable market in the U.S. and Canada Winning commercial strategy: established relationships with top tier players and substantial pipeline 12+ years of all-electric vehicle R&D and manufacturing experience provides in-house industry expertise 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. Michigan State University (MSU) Free pilot concluded & no order placed: MSU did a pilot in Dec 2021 which was announced to much fanfare. Shares of ELMS stock are now down more than 95% year-to-date. To view the PDFs you will need the free Adobe Acrobat reader. Why Is Novavax (NVAX) Stock Up 12% Today? 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 can sign up for additional alert options at any time. 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. Ideal partner for founders . She explained: Im very disappointed by this outcome because our ELMS team demonstrated incredible determination to get our electric vans ready to meet the critical need for clean, connected vehicles that reduce carbon emissions from ground transportation. ?t E^Q(V l6#~hLz^ .,_+aD(.=RqM %[J Investor Presentation for 2022-2023 Q3 FY23 Investor Presentation 25th Jan 2023 Q2 FY23 Investor Presentation 04th Nov 2022 Q1 FY23 Investor presentation 29th Jul 2022 BSE and NSE Quotes by TradingView The displayed data is not in real time and may have streaming delays. 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. 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. 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. Unfortunately for new management and ELMS investors, based on our extensive research into ELMS we think this is just the tip of the iceberg. 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 . To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. 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 Notre Dame Free pilot concluded & no order placed: Notre Dame announced their ELMS pilot back in the Summer of 2021. Our cell programming platform enables the growth of biotechnology across diverse markets, from food to fragrance to pharmaceuticals. 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. 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. 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. ELMS claims to be one the first of the new SPACtacular EV companies to generate revenue. Worldwide Stock Transfer 433 Hackensack Ave Level L To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Lions current development pipeline consists of six additional all-electric urban vehicl. LEADERS TURN WHAT WAS, IN TO WHAT IS, AND WHAT WILL BE. 5 Hypergrowth Stocks With 10X Potential in 2023, Robert Bollinger: Meet the Man Behind Mullens Push Into Commercial EVs, A.I. Specialty Retail. 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.. in ELMS Electric Last Mile Solutions (ELMS) is a SPAC that was founded in November of 2020 by James (Jim) Taylor. Corporate Profile. A new method for radical impact. The company has no competitive advantage, no technological advantage, and is running low on cash. - Shauna McIntyre, ELMS Interim CEO and President. You must click the activation link in order to complete your subscription. Auto Manufacturers. 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.. 268 presentation decks . If you are not a registered adopter, we highly encourage you to register online.Once fully registered, you will remain registered with Muddy Paws Rescue for one year and can email our Matchmakers at adoptionmeetings@muddypawsrescue.org when you see a dog below that you think could be a good fit for you! Their reported accounts receivable exactly match the Q3 reported revenue. Investor Relations Core Scientific develops and operates high-performance, large-scale blockchain data centers to produce digital assets for our company and our clients. After submitting your request, you will receive an activation email to the requested email address. Last month, the company warned that it might run out of cash during June. He writes for InvestorPlaces Todays Market team, which centers on the latest news involving popular stocks. The events schedule will be published shortly. WE CHALLENGE WHAT EXISTS FOR THE BENEFIT OF ALL. $11.1M. Investors can read our past Trend Investing article: "Tesla - A Look At The Positives And The Negatives", where we rated the stock a buy. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. LinkedIn records indicate there are only 16 ELMS employees in that South Bend area. After submitting your request, you will receive an activation email to the requested email address. 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. Symbotic reinvents the warehouse as a strategic asset for the world's largest retail, wholesale, and food & beverage companies. Electric Last Mile Solutions (ELMS) is a SPAC that was founded in November of 2020 by James (Jim) Taylor. Super Groups key management roles have 20+ years of industry experience supported by a fully-scaled employee base. A new presentation will be published shortly. a#7ujaL-Qz |kkR%v/@qkDX=uF11;cBdCBe8Q94(bAt2d ]-j p]qk W^m]r.cYdM2 James Taylor, ELMS CEO, was chairman of Workhorse Group while Steve Burns was WKHS CEO. David Elms is Head of Diversified Alternatives and a Portfolio Manager at Janus Henderson Investors responsible for enhanced index, risk premia, and hedge portfolios. Representatives we spoke with said that Notre Dame still havent placed an order and that they would at least need to do additional testing in the winter before considering ordering. Arrival has developed a revolutionary process of design and production - an entirely new approach to creating electric vehicles. Analyst Day 2022. Announces $13.75 Million Investment from Existing Investors. stream 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. Blink Charging T: 855-313-8187 IR@BlinkCharging.com. Events & Presentations. ELMS managed to come public at a $1.4 billion valuation. The factory was purchased at a ridiculously high price which bailed out ELMS CEOs former Chinese company. Events & Presentations; Stock Information. 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 . Its background really lies in the remains of a different failed Chinese EV start-up known as SERES/SF Motors. After submitting your request, you will receive an activation email to the requested email address. ELMS was founded by another former Workhorse CEO and we think ELMS will end up the same way as both Lordstown and Workhorse. . The most we saw in any visit was ~35 vehicles another trip. 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. All rights reserved. the ELMS Urban Utility Vehicle. Investor Presentation - March 2016. Data Provided by Refinitiv. 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. 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. GreenPower Investor Presentation KEEP UP WITH OUR LATEST UPDATES! Did the former CFO, CTO, and GC know something that the market still hasnt priced in? 1125 N. Charles St, Baltimore, MD 21201. Investor Relations . (please see additional disclosures). Upcoming Events. 24. At Super Group (SGHC) Limited, we promise to treat your data with respect and will not share your information with any third party. 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. ELMS former CFO, Albert Li, left less than 5 months after the company went public. See active subscriptions. Safety Testing Customer Configuration Video . They all decided to RETURN the vehicles without placing an order. SEC Filings; News; Governance Documents; Contact Us. 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. . After submitting your request, you will receive an activation email to the requested email address. Find out more about Super Groups governance and access our range of key documents. We are a leading developer and producer of commercial electric vehicle technology with an integrated business model focused on providing end-to-end solutions that enable commercial vehicle electrification through three main business units: Proterra Powered, Proterra Energy, and Proterra Transit. 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 $0.47 today. All of these companies are fleet brokers so dont directly purchase vehicles. Former Chairman and CEO of Workhorse. If you experience any issues with this process, please contact us for further assistance. endobj Quick Links. doKwE2%Pp+%*hQ)1!^>I='akgm&'h$JD|1 36. (10-k pg 27). PDF HTML. A new presentation will be published shortly. We suspect ELMS bought their Mishawaka factory to bail out the company that ELMS founder and CEO was running right before creating ELMS. Investor Presentation - February 2023. Baird Industrial Conference - November 10, 2015. PDF . POWER TO THE PREPARED TM. Multiple employees described SERES (owned by Sokon) as being stuck with the factory. 1. Depositphotos - Paha_L. LEARN MORE Symbotic reinvents the warehouse as a strategic asset for the worlds largest retail, wholesale, and food & beverage companies. The Buyer Put Right Returnable 1 year later! Transfer Agent. If ELMS does not pay SERES of fulfill their contract obligations to them than SERES actually has the right to evict ELMS from the Facility and retain all payments made thereunder. 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. Full details can be found on the Contact Us tab above. ELMS announced generating 30,000 pre-orders and are going public , ELMS update market they have more than 45,000 pre-orders . The company is embroiled in regulatory investigations; job opportunities for hardworking Midwesterners lost; and the stock down >80%. The failure of Fuzzy Panda to exercise or enforce any right or provision of these Terms of Service shall not constitute a waiver of this right or provision. 2U, Inc. Fourth Quarter and Full Year 2022 Earnings Call. 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. Session 1 - GPS Strategy Execution. Xos is a leading manufacturer of fully electric, zero-emission medium- and heavy-duty commercial vehicles, powertrain components, and charging infrastructure. Giving investment advice requires knowledge of your financial situation, investment objectives, and risk tolerance, and Fuzzy Panda has no such knowledge about you. 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. Jim was a nice guy, but a colossal idiot.. 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. www.raymond.in. 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. Formers employees told us that in 2020 the parent company was intending to take a large write-down on the factorys asset value. Generac Holdings Inc Second Quarter 2015 Earnings Call. Eos Energy Enterprises, Inc. Is sending SPAC IPO proceeds back to the CEOs former company self-dealing? 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. Required fields denoted by an asterisk (). During the middle of one weekday, we discovered a total of just 13 vehicles in the ELMS employee parking lot. Corporate Profile. By providing your email address below, you are providing consent to Super Group (SGHC) Limited to send you the requested Investor Email Alert updates. 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. Lions line-up of purpose-built all-electric vehicles currently consists of seven urban truck and bus models available for purchase today. Mass Exodus in C-Suite CTO & GC also resign in November 2021; CEO & Chairman Feb 1,2022. 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. We visited the ELMS factory at 12900 McKinley Highway, Mishawaka, Indiana multiple times during the middle of the workday in January 2021 to see if there was a chance that import-export records were incorrect and that ELMS was actually manufacturing or producing any vehicles on-site. The Urban Utility vehicles that ELMS recently revealed was actually manufactured and assembled by SAIC Yuejin. 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. If they dont raise additional capital, we estimate they will run out of cash within the next 5 months. ELMSs major customer is Randy Marion Automotive Contracts show that Randy Marion has the right to RETURN all the vehicles purchased from ELMS. Often when speaking to an entrepreneur, they share absolute gold about . Fuzzy Panda will not update any report or information on this website to reflect such positions or changes in such positions. 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 . 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. By downloading from or viewing material on this website and/or by reading this report, you agree to the following Terms of Service. ELMS Utility Vehicle turns out is actually SAICs Yuejin EV Light Truck with an ELMS logo. Lions current development pipeline consists of six additional all-electric urban vehicles. Applying next-generation technology, high-density storage and machine learning to solve today's complex distribution challenges, Symbotic enables companies to move goods with unmatched speed, agility, accuracy and efficiency. 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). Luxury Goods. We found a multitude of ELMS Urban Delivery & Urban Utility vehicles that import-export records indicate were likely recently imported from China laying around. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. By providing your email address below, you are providing consent to Lion Electric Co. to send you the requested Investor Email Alert updates. This factory purchase price only makes sense when you understand who ELMS CEO was buying the factory from. A Chapter 7 filing allows a company to liquidate its assets in order to pay off creditors. <> Minimum 15 minutes delayed. Because right before founding ELMS Jim Taylor was the CEO of SERES! 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 Version. 4 0 obj 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 Daniela Rus Elected to Board of Directors of Symbotic, Symbotic Reports First Quarter Fiscal 2023 Results, Symbotic Announces Date for Reporting First Quarter 2023 Financial Results, California Consumer Privacy Notice to CA Employees and Job Applicants. The hype driven management that took the company public 6 months ago (CEO, CFO, CTO, Chairman, GC) have now all jumped ship. You further agree to do your own research and due diligence before making any investment decision with respect to securities covered herein. Their vehicles are made and assembled in China, not manufactured in the USA. Yet ELMS decided to purchase the Mishawaka Factory for $197.6 million. We believe that ELMS has falsely claimed that their vehicles are produced and manufactured in the USA: ELMS claims to investors & customers include: ELMSs Innovative Urban Delivery Vehicle is really a Wuling New Energy Cargo Van EV50 (G100 series) which is currently available for sale starting for $13,500 (a ~60% discount to ELMS US price). However, such information is presented as is, without warranty of any kind, whether express or implied. Inspired to innovate, Allegro MicroSystems is redefining the future of sensing and power semiconductor technologies. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Q3 2015 Generac Holdings Inc. Earnings Conference Call. These benefits range from savings, a decrease in maintenance issues, and a better environment for everyone. Presentations. Copyright 2023 InvestorPlace Media, LLC. 10-K Filing. The Investor Relations website contains information about Nano-X Imaging LTD.'s business for stockholders, potential investors, and financial analysts. Symbotic is an automation technology leader reimagining the supply chain with its end-to-end, A.I.-Powered robotic and software platform. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Q4 Revenue was $11.1M within expectation range. Burns is the disgraced Lordstown Motorss CEO. Former President and CEO of Key Safety Systems (now Joyson Safety Systems). You must click the activation link in order to complete your subscription. Commvault is a global leader in data management. Don't lose the voice of the founder in your pitch. Super Group has provided first-class entertainment to the worldwide betting and gaming community for over 20 years. ELMS is importing fully assembled Chinese vehicles and misleading their customers by saying they were Made in the USA or Produced in Mishawaka, Indiana.. It just didnt make sense to order at that price point.. 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. endobj Further, any report on this site contains a very large measure of analysis and opinion. We think ELMS has potentially been questionably booking revenue. This comes after its CEO and chairman resigned in February. Shauna McIntyre has served as interim CEO in the meantime. Build a Compelling Story to Hook Investors. Read our FAQ. Electric Last Mile will be the first post-SPAC electric vehicle (EV) maker to file for bankruptcy. quotes delayed at least 15 minutes, all others at least 20 minutes. 1. ELMS Board of Directors surprised markets by announcing that its co-founders (CEO and Chairman) were resigning effective immediately after the results of an internal investigation showed that they both engaged in improper trading of shares of ELMS ahead of the SPAC transaction announcement. 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. 3 0 obj Innovation with Purpose. On the date of publication, Eddie Pan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. 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. Turns out Jim is both. Revenue at high end of guidance Company reaffirms 2021 financial guidance Stem, Inc. ("Stem" or the "Company") (NYSE:STEM), a global leader in artificial intelligence (AI)-driven clean energy storage services, announced today its financial results for the second quarter ended June 30, 2021.