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Vicinity Motor Corp V.VMC

Alternate Symbol(s):  VEV

Vicinity Motor Corp. is a Canada-based supplier of electric vehicles for both public and commercial enterprise use. The Company is engaged in the production and sale of buses and spare parts in North America. It leverages a dealer network and close relationships with manufacturing partners to supply its flagship electric, compressed natural gas (CNG) and clean-diesel vicinity buses, the VMC 1200 electric truck and a VMC Optimal-EV shuttle bus. In addition, the Company sells its electric chassis alongside J.B. Poindexter business unit EAVX, which is the Company's partner, for upfitting into delivery vehicles. The Company's various buses and truck models include Vicinity Lightning EV, Vicinity Classic and VMC 1200. Its geographic segments include United Stated and Canada. The Company’s subsidiaries include Vicinity Motor (Bus) USA Corp. and Vicinity Motor (Bus) Corp.


TSXV:VMC - Post by User

Comment by MrAnswerson Aug 09, 2021 11:03am
107 Views
Post# 33671641

RE:RE:RE:I'm keeping an eye on you Mr answers

RE:RE:RE:I'm keeping an eye on you Mr answersI never said that but the track record of sales so far leaves me wondering, but governments often fund dead end companies. I was more referring to your belief this thing was going to continue sky rocketing and me saying it wont happen unless they get "sustainable sales" i.e. consistent orders and sales and not the random one off - they have yet to get anything close to a consistent sales pipeline. I was also referring to your statement made about the Nasdaq uplisting and your mocking comment which was also wrong as the share price went right back down again as a Nasdaq listing does nothing for the sales pipeline which I also tried to explain to you and that the money they have spent on that Nasdaq uplisting and stock promotion could be better spent on a larger salesforce.

Hopefully they start rolling out some decent orders soon as so far its been pretty poor and next years earnings will be well below this years at this rate and you cant expect a company to have a growth valuation if they have no earnings growth...


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