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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

Post by 5rockieson Nov 23, 2020 8:47pm
830 Views
Post# 31957899

Not great results

Not great resultsLots of concerns ... it feels they intentionally compare themselves with 2019, in which they had nil busses delivered. really? not thinking shareholders will not notice it. no specific data on the current backlog, no comparison with the last 2 quarters, and previous years. 

And also, someone in a similar way as AT folks is dreaming this company to go to Nasdaq. It takes time, hard work, and balls to get there and outperform. I heard also some other people suggesting a buyout from other big company. Be careful with these guesses, ride the trend up but be ready to cash out as quickly as possible.
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