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Bullboard - Stock Discussion Forum Lion Electric Ord Shs T.LEV

Alternate Symbol(s):  T.LEV.WT.A | LEV | LEV.WS | LEV.WS.A | T.LEV.WT

The Lion Electric Company is a manufacturer of zero-emission vehicles. The Company designs and manufactures all-electric school buses, midi/minibuses for special needs or urban transit, as well as urban trucks. Each Lion vehicle is purpose-built for electric and designed and assembled in-house, with its own chassis, truck cabin or bus body, battery technology with modular energy capacity and... see more

TSX:LEV - Post Discussion

Lion Electric Ord Shs > Worst Management Bungling I've Seen
View:
Post by Dibah420 on Dec 13, 2022 11:07am

Worst Management Bungling I've Seen

They let 15 hours lapse between the original fatuous news release with no price per unit nor a price per warrant and a vague reference to POW ..may or may not be participating in the offering.  M*rde.

Critical for investors to keep track of shares issued by this company.  Remember there is a current ATM  dilution ongoing. Here's my best reckoning:

Dec 31, 2020     110,551,314 shares
Dec 31  2021     162,245,092   +46%
Oct   3   2022     192,750,000   +18%  (rounded # from my notes)
Oct 11   2022     194,710,000   + 1%            "                 "       "

Sep 30  2022     194,711,834    latest from Sedar.

Dec 13  2022     19,685,040 proposed is a 10% dilution.




Only other thing perhaps worse today is the bungling at OSFI tinkering with reserve requirements for Canadian banks.
Comment by lemeilleur on Dec 15, 2022 9:11am
The management is rotten .  Bedard  runs it as a private company and use sharholders as a  cash cow
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