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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

Comment by graduallygetthron Jan 05, 2021 9:33pm
142 Views
Post# 32230168

RE:RE:RE:RE:RE:News Release UPDATE = COPY

RE:RE:RE:RE:RE:News Release UPDATE = COPYAll of these sales are baked into the sp. They finished a job they were contracted to do, big deal. Do I give a contractor a pat on the back for completing a project that took longer than it should have? I get the entire covid situation, but they are old orders. 

And, I tend to agree with the previous commenter, 5 buses this month, 7 last month is not sustainable nor representative of a growing company. The only good thing about this news release is that they will receive remaining payments, if any are outstanding. The sales have already been recorded, the revenue account entry is irrelevant. 
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