Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Phoenix Motor Inc V.PEV


Primary Symbol: PEV

Phoenix Motor Inc., doing business as Phoenix Motorcars, is an electrification solutions provider for the commercial vehicle industry as well as other industries. The Company operates through its wholly owned subsidiaries, Phoenix Cars LLC, Phoenix Motorcars Leasing LLC, and EdisonFuture Motor, Inc. It designs, develops, manufactures, assembles, and integrates electric drive systems and light and medium duty electric vehicles (EVs). It operates two primary brands, Phoenix Motorcars, which is focused on commercial products including medium duty electric vehicles, chargers and electric forklifts, and EdisonFuture which intends to offer light-duty electric vehicles. It sells its products both fully integrated into complete vehicles and in kit form to other business partners for integration into complete vehicles. The Company is engaged in the production of its third generation (Gen 3) drivetrain (E-300), offering up to 160 miles in range.


NDAQ:PEV - Post by User

Post by liteflyeron Sep 06, 2011 2:09pm
261 Views
Post# 19014993

NEWS

NEWS Time ET Ex Price Change Volume Buyer Seller Markers13:47:51 V 0.24 -0.01 1,000 99 Jitney 13 Instinet K13:47:04 V 0.235 -0.015 15,000 1 Anonymous 79 CIBC K13:47:04 V 0.235 -0.015 1,000 1 Anonymous 1 Anonymous K12:54:55 V 0.19 -0.06 1,000 1 Anonymous 19 Desjardins K12:54:43 V 0.19 -0.06 1,000 39 Merrill Lynch 19 Desjardins K12:13:45 V 0.24 -0.01 4,000 7 TD Sec 13 Instinet K12:03:51 V 0.20 -0.05 10,000 79 CIBC 1 Anonymous K12:03:02 V 0.20 -0.05 1,500 2 RBC 85 Scotia K12:03:02 V 0.20 -0.05 1,000 79 CIBC 85 Scotia K12:03:02 V 0.20 -0.05 1,000 79 CIBC 1 Anonymous K2011-09-06 11:17 ET - News ReleaseMr. Stephen Meldrum reportsUPDATE ON PURE ENERGY ACQUISITION OF PURE ENERGY SOLUTIONS THROUGH SHARE EXCHANGE MERGERPure Energy Visions Corp. has provided the following update on its previously announced agreement (issued on May 4, 2011) with Pure Energy Solutions Inc. of Boulder, Colo., to acquire all of the issued and outstanding shares, warrants and convertible debentures of PES.The corporation reports that PES has received interest in purchasing its wire-free business including all issued and pending patents. The PES board has requested PEV to permit it to evaluate its options in this regard, including consideration of PEV revising the merger agreement to merge with PES Canada Inc. and thereby acquire the battery business from PES as a possible first phase in this transaction. PEV would maintain its interest in the wire-free business through its investment in PES while the PES board considers its options for its wire-free business.The merger and the issuance of securities of the Corporation in connection with the merger is subject to TSX Venture Exchange approval, any other regulatory approvals that may be required (including the filing of any required registration statement) and the satisfaction of other conditions, including obtaining any required third party consents and required shareholder approvals. In this regard, PEV anticipates that completion of the merger will require entering into arrangements satisfactory to it with Nova Scotia Business Inc concerning the discharge of PES Canada Inc obligations to NSBI.No security holder of PES, other than PEV, owns over 10% of the voting securities of PES. The merger is not expected to result in any change of control of the Corporation, but will result in the interest of Network Capital Partners, Inc. ("NCP") in the Corporation being diluted. NCP is the owner of 28,644,302 common shares of the Corporation and $250,000 principal amount of convertible debenture of the Corporation. NCP is also the owner of 442,476 shares of Series A-1 Preferred Stock, 333,333 shares of Series B Preferred Stock, 166,666 warrants to purchase Series B Preferred Stock and US$422,964 principal amount of convertible debentures of PES. Paul Simmonds, a director and senior officer of the Corporation, and Bruce Simmonds, a former director and Chairman of the Corporation, are directors, senior officers and minority shareholders (less than 10%) of NCP. PEV also reports that Phil Sustronk has stepped down as director of PEV.
<< Previous
Bullboard Posts
Next >>