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  "documentTitle": "ADOMANI (ADOM)",
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  "notes": "The text serves as a short-seller research note highlighting a discrepancy between company guidance and financial filings.",
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      "text": "What has ADOMANI sold so far in 2017 from this impressive pipeline? Absolutely nothing. A donut.",
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      "text": "2017 revenue: $0",
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      "text": "fire. See their investor presentation in their Form 1-A offering statement, exhibit 13.1. ADOMANI shows how their technology allows them to replace an existing internal combustion engine with an electric engine to lower fuel cost while maintaining performance.",
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      "text": "What has ADOMANI sold so far in 2017 from this impressive pipeline? Absolutely nothing. A donut. This is confirmed in the company's Q217 10-Q on page 2, it shows no revenues on its income statement.",
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      "text": "Next, ADOMANI gets right to forecasting exactly how their sales will massively ramp in 2017... In total, ADOMANI estimates a one year pipeline of $275,850,000.",
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      "text": "Much ADOMANI's pipeline lists specific customers and often the funding source is VWS (Volkswagen Settlement). Indeed, the Volkswagen Settlement is so important they even list as part of their pipeline “$150M of not identified new and conversion commercial school buses”.",
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      "text": "In a great, revealing interview with ADOMANI's CFO, Michael Menerey, by Seeking Alpha contributor The Street Sweeper published on August 29, 2017, Mr. Menerey confirmed that the company has not made any revenues for 2017.",
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