Vicinity Motor Corp V.VMC

Alternate Symbol(s): VEVMQ

Industrials

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

Vicinity Motor Corp

Bullboard Posts

Comment by ConfidentDDon Nov 19, 2017 3:12pm

130 Views

Post# 26992561

RE:RE:RE:RE:RE:RE:RE:RE:RE:Just Make a Simple Call

Let's not confuse business lending with investment banking and or fund management. RBC is earning 1.5% over their prime rates and libor +3% on the US lending. The deal was done within the business lending Division. They don't go over to the investment side and for some endorsement to go lower for a back scratch later. Expecting more than conspiracies from the seasoned investors here. GL DD

PruneFace wrote:
I'm pretty sure BUS would have to disclose any placement of shares or arrangement/option as it would be material. Perhaps RBC has bought on the open market, especially with this pullback, but I anticipate a placement to an RBC fund at some point for 'helping' BUS with the line of credit. Now would be an ideal time, at these levels or lower. You scratch my back, I'll scratch yours.

Bullboard Posts

Dollar Tree CEO Rick Dreiling steps down as discount retailer struggles