Vicinity Motor Corp V.VMC

More good news!

[BigPines]

Everyone get on the bus! 

https://ceo.ca/@accesswire/grande-west-partners-with-hinduja-tech-for-buy-america

[MrAnswers]

If they are building an actual manufacturing facility, and not just a final assembly facility similar to what they already have in Aldergrove, they are going to have to do a lot more dilutive share issues to pay for it. I would then also question the ability to build this facility and then build busses for 2021 delivery? It would also be a change of business models for these guys as they have

[BigPines]

I love how much you hate the company. Must have bought at the height in 2017 and are either holding a loss or sold at a loss.  They have a 20m credit line, an over prescribed PP and all the government subsidies/programs a company could want.  I believe manufacturing in the US is for buy America buses only. I wondering if the ones being sold in Canada are still a mainly Chinese

[MrAnswers]

I dont hate the company, I am a realist, as I have posted before I didnt get in until 2018 and am sitting at a nice profit and have taken some money off the table. But so much garbage flies off of peoples keyboards on here that is completly unrealistic or downright false I figure someone has to be more realistic and it might as well be me. Given they havent been cashflow positive for many quarters

[BigPines]

I get where you are coming from. I asked the same question on CEO this morning. 

[TechWizard101]

 Why don't you pick up the phone and call LaGourge instead of asking on CEO?? He can answer any questions you might have.

[BigPines]

I have tried. Nonresponsive on all fronts. Have you?