Electric Last Mile Solutions: On Track To Run Out Of Cash One Month Earlier Than Forecast -- May 28, 2022

Updates

May 31, 2022: NASDAQ: ELMS

• dropped 11 cents; closed at 60 cents.

Original Post

Disruptive:

EVs: link here. Scorecard. 

• graphite
• not for me. "Energy transition is dead" is followed here.
  
• EVs charging.  

Add Electric Last Mile Solutions, Inc., to the scorecard.  

Company's website here.

Yikes, 6-month chart:

Out of cash? And a SEC investigation? And a full moon around the corner?

Expects to run out of cash in June, a month earlier than expected. Previous forecast: sometime between July and September, 2022.