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Vicinity Motor Corp V.VMC

Alternate Symbol(s):  VEVMQ

Vicinity Motor Corp. is a Canada-based supplier of electric vehicles for both public and commercial enterprise use. The Company leverages a dealer network and close relationships with manufacturing partners to supply its flagship electric, compressed natural gas (CNG) and clean-diesel vicinity buses, as well as the VMC 1200 electric truck to the transit and industrial markets. Its geographic segments include United Stated, and Canada. The Company's various buses and truck models include Vicinity Lightning EV, Vicinity Classic and VMC 1200. The Company’s subsidiaries include Vicinity Motor (Bus) USA Corp., and Vicinity Motor (Bus) Corp.


TSXV:VMC - Post by User

Bullboard Posts
Comment by wallpaper2on Jun 03, 2016 12:07pm
75 Views
Post# 24931588

RE:RE:I applaud managment on this one...

RE:RE:I applaud managment on this one...If the price moves to reflect the true value of the company then 10 cents a share is more accurate.
They average losses of $4 million a year. 180 buses a year with an extra $10-15,000 profit per bus still leaves them over $2 million a year offside. They still aren't even covering their $800,000.00 a year salaries.
This still could collapse.
Bullboard Posts