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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 MrAnswerson Apr 19, 2021 4:46pm
77 Views
Post# 33023770

RE:RE:RE:Oh look more sales.

RE:RE:RE:Oh look more sales. Do the math yourself. Current pipeline post Q2 does not justify current market cap, even the CFO mentioned the lull past Q2 2021 on the conference call ( I think it was the CFO). Also, I don't even know if those 10 ev busses sold to ABC company has been sold or if they are just holding them in inventory as I don't think that was disclosed. The market is forward looking and when there is minimal revenue booked in the future the shares sell off. 
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