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Vicinity Motor Corp V.VMC

Alternate Symbol(s):  VEV

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

Comment by Pandoraon Jan 02, 2021 2:07pm
159 Views
Post# 32209688

RE:RE:RE:RE:RE:RE:Greenpower Taking Off

RE:RE:RE:RE:RE:RE:Greenpower Taking Off
MrAnswers wrote: I don't own Pfizer stock so do not care. I am saying it doesn't show a lot of long term confidence in your business if management is selling. If he thought the stock was going higher to $3.00 he just left $100k on the table, for someone with only 355k shares that is not an irrelevant sum of money to let slide. Just saying the optics are bad. Spin it positive if you so choose.


f you look at the 5 year chart you will see a significant rise from the last parts of 2016 throught the first quarter of 2017. I believe John bought agressively through that time period -- maybe even mortgaged the family farm so to speak. Then in the latter part of 2017 it headed for the dumper culminating in the 25 cent area at the beginning of 2020. I don't believe he sold a lot as all that transpired -- choosing instead to show company allegiance while losing his shirt. I bailed early and did not go back in. I tried back in 2018 to encourage them to look at EV power train but they chose not to listen to me - can't understand why!! Now that they are under a new push to success I do not fault him for getting a few bucks out - he is not independently wealthy as far as I know so he probably has a few things to clear up.

Once they announced the transition to EV I considered it to be something I might buy but I am very far from being independently wealthy so did not/do not have the cash reserves to go back in.
And most of my other choices are still in "wait" mode -- some for years. Some day my boat may come in -- but I may not be here to greet it. Ventures are a young man's sport!

Do a financing, put out a carrot stick, do another financing, put out another carrot stick, eventually do a consolidation of shares and start the process all over again. Some of them actually come up with a product that works and makes money. BUS may be getting to that stage?? And I'm not riding the BUS at this time.

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