Vicinity Motor Corp V.VMC

And there it is

[sorrenson]

Death notice.

[okgonow]

Or they will find someone to buy the company with the blessings of RBC in hopes they will recover their money 

[sorrenson]

I see no value but any sale , whole or in part ,  will involve purging of  the shareholders.  There is no chance the creditors will get paid in full .   If they could have they would have and they wouldnt be where they are today. Shareholders are unsecured and get nothing.  Anyone who  didnt see this freight train coming down the tracks with the horn blaring

[okgonow]

yes we get penny on the $ but at least we stay alive rather than beeing delisted thats why there are buyers at .06 its a pull on the one armed bandit of  VMC  for $1 to possibly end up with a company paying .12 a share for the whole thing the market cap is at about $2,5 million they get a brand new plant and all other assets for possibly 5 mill plust taking on whats owed. pretty cheap

[sorrenson]

What are you talking about?   They will be cease trading tonight.Nasdag will delist on 23rd  unless  they get to a dollar a week ago and stay there.      There is no financials coming  as the  auditors resigned  They arent putting their names near this The plant would be leased from a third party, arms length or other and pledged everything to the

[ForesstGump]

they knew, especially john lagourgue. look him up on fb, he either bought a gym or is managing it

[Pandora]

Not a member of Facebook so can't bring it up. Do you have a link?

[okgonow]

Thank god I only took a $1000 chance on this POS I thought diversity is good with all my oil plays hedge a little and buy a "green Canadian" company with decent potential. So much for that and the green revolution  drill baby drill and my miners are all hitting it out of the park as well    Lesson learnt!!!!!

[Pandora]

How to make $100? Invest $2000 in VMC I don't think too many thought it would actually go belly up in this EV world. They almost went down this far when they were Grande Transportation but Trainer came back out of retirement and salvaged it and then got it into the electric mode which showed some life but the dip in the EV world came too soon for them.

[TimeBuilder1]

SAY   GOOD BYE    ;>(