This was culled from the first quarterly conference call for Canoo, which needless to say is a SPAC merger that as far as I can tell is doing “something” in electric trucks, but it is not clear since they have no revenues, and have completely changed their tune as to what their business model actually is. Or will be. And maybe has a CEO who decided not to show for his first earnings call, which was instead led by promoter, now Executive Chairman, who as far as we know has never built a manufacturing company in his life. And yet there STILL is a $2 billion market cap.

Unknown Analyst:

Last year, during the course of the year, you stated a couple of times that you had the discussion with some OEMs and possibly the contract manufacturing. You said that there are going to be some announcements by the end of Q4. I’m just wondering what happened that changed all that?

Tony Aquila Executive Chairman Right:

So you’re — again, owning the past as much as the present and the future. Look, I can only speak to what I know about this. I think that they were focused on maybe a little more aggressive than I would be in their statements. I think the more maturity of this team would not be that presumptuous. We’d only announced what is contracted. But yes, I think they had the opportunities, but they weren’t at our standard of representation to the public market. So that’s all I can really say about that, because I don’t know much more. But it also didn’t really matter that much because, obviously, I wanted to go in a different direction based on the study we did. And with the Board’s help and observations also, it kind of solidified that. So I think we’ll certainly work our way past this commentary. And then with respect to contract manufacturing, again, we wouldn’t make an announcement. Again, this comes back to having an experienced public company team. You have to be careful with the statements you make. So again, I think it was a little premature, although the reset caused us to look at all the negotiations, and we’re actually in a much better place. So all things considering, they’re trending in the right direction.