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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
Post by ConfidentDDon Apr 06, 2018 1:16pm
152 Views
Post# 27843847

Cannot get a straight answer from management......

Cannot get a straight answer from management..........why they are tapping a purchase order loan facicilty with a 'friend of the insiders' at 10% when they have the RBC arrangement now at 7 points less.  Who is this minority shareholder who is raking 10% out of the company - almost the loss from all of 2017?  

If any of the many silent readers on this board, actually want to do some DD, call the CEO and ask that question. 

GL

DD 
Bullboard Posts