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Bullboard - Stock Discussion Forum Vicinity Motor Corp V.VMC

Alternate Symbol(s):  VEVMQ

Industrials
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... see more

TSXV:VMC - Post Discussion

Vicinity Motor Corp > Cash rich. LOC. RBC 20m
View:
Comment by MrAnswers on Jan 13, 2021 11:29pm
Line of Credit is a liability. Cash is an asset. To say a company is cash rich because they have a line of credit goes down as one of the dumbest comments I have ever read. Don't forget the sweet 10% loan maturing in March; maybe they can pay it off with that sweet "cash rich line of credit."
Comment by Knewbie on Jan 13, 2021 11:33pm
Hey. 20 mil is there if they need It or not. That’s all I was trying to say. 
Comment by MrAnswers on Jan 13, 2021 11:36pm
Well considering you are spewing "facts" you may want to make sure they are accurate.
Vicinity Motor Corp
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