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  "documentTitle": "ADOMANI (ADOM)",
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      "text": "ADOMANI is a middle man that can easily be cut out of the sales process.",
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      "text": "so the electric motor can interface with the old transmission and existing accessories. Certainly these methods help to get a vehicle converted to an electric motor, but what is the real benefit? Electric vehicles get weight reduction by eliminating or simplifying the transmission and running electrical components from the same battery pack that runs the engine. ADOMANI's system has a generator attached to the electric motor which also has to charge a separate battery to run all the vehicle's other electrical components. It also doesn't seem to have the ability to use braking to recharge its own batteries and reduce brake wear like a full electric drivetrain. So at best, ADOMANI has some technology for implementing a very low tech solution, and the real technology is in the batteries, motors, and components purchased from other companies.",
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      "text": "In the offering statement ADOMANI states it gets its components from other companies: \"We manufacture and assemble zero-emission electric and hybrid drivetrains and conversion kits from components supplied by third parties. For example, batteries, traction motors, power electronics, connectors, cables, and metal fabrication for battery storage boxes.\"",
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      "text": "On June 21, 2017, ADOMANI announced that it \"Takes Delivery Of First All-Electric Type-D School Bus\". The PR further states that \"ADOMANI will be",
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      "text": "ADOMANI further states: \"Further, our relationships with these third parties are typically non-exclusive and do not prohibit the other party from working with our competitors.\"",
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      "text": "There's no incentive for a prospective customer to order a bus or drivetrain through ADOMANI when it can go straight to the manufacturer. ADOMANI is a middle man that can easily be cut out of the sales process. ADOMANI hasn't made a single sale in 2017, so it offers no advantage to its partners of bulk sales. Clearly ADOMANI doesn't have any priority network or special connections to get more sales to its partners. And its technology isn't innovative. We fail to see how ADOMANI will ever achieve any meaningful sales.",
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      "text": "We manufacture and assemble zero-emission electric and hybrid drivetrains and conversion kits from components supplied by third parties. For example, batteries, traction motors, power electronics, connectors, cables, and metal fabrication for battery storage boxes. — ADOMANI Offering Statement",
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