 Hey, how you doing? This is Rich from Rich TV Live and Rich Hicks Daily. How you doing? This is Rich from Rich TV Live and Rich Hicks Daily with some big, big, big news from Grand West Transportation News Symbol VMC. We're going to get into that. Now, we do have a trading club. Rich Hicks Daily is an online community designed for traders to exchange smart, straightforward and profitable trade ideas and investment ideas. Join us today on richpicksdaily.com, subscribe to our YouTube channel to learn useful stock trading secrets and discover the next 10 bagger. So this is the big news, vicinity motors, Grand West Transportation, new symbol, not even on their site yet, and vicinitybus.com. This is the reason why they're making the change. Here it is, vicinity motors receives vicinity lightning, trademark electric vehicle order from ABC companies, vicinity motors. The new symbol today is VMC looks like this. Here it is. It's $7.50 up slightly, 3.3% traded very little volume, only $10,330 shares so far. But it's up today and that is good news for the company and for shareholders that this reverse is now complete. And the symbol in America is still BUSXF, as you can see here currently sitting at $570. I don't believe it's trading in America due to the reverse. So most likely by tomorrow, maybe later today. So we'll keep you updated on that as it happens. The symbol in Frankfurt, Germany is 6LG, no change there. So only a change in Canada on the TSX venture from bus to VMC for vicinity motors companies. And BUSXF in America on those TC QX exchange and 6LG in Frankfurt, no changes there. Formerly grand West transportation group now called vicinity motors corp. So this is why it's VMC new symbol VMC vicinity motors corp is the new name. So new name change, new symbol change as of today, no longer grand West transportation group. So I have no idea if this website will be changed or altered. Let's just remove that site from here. This is going to be most likely the new site unless they have any changes. We'll keep you updated on that. Pretty cool. Now at 750 and let's see here, a leading supplier of electric CNG gas and clean diesel buses today announced it has received initial orders for 10 vicinity lightning EV buses from its strategic US distribution partner ABC companies, a leading provider of motor coach specialty and transit equipment in North America. Look at this more orders. These orders just keep coming in the new vicinity lightning EV bus brings a unique 28 low floor offering to the US market 28 foot low floor offering to the US market with a flexible floor plan utilizing proven components such as BMW sourced battery packs, it's a big name in BMW modules and components, public and private customers will be able to offer zero emissions transportation to a variety of passengers game changer. The 10 new vicinity lightning EV orders are scheduled to be delivered to ABC in the third and fourth quarters of 2021 for resale into the US. The size flexibility and quality of the vicinity lightning EV bridges the gap between larger buses and lower passenger shuttles with a very compact footprint which benefits the operators, drivers and passengers. We think it's a real win win win said Roman Cornell, president and chief commercial officer of ABC companies. The vicinity lightning EV joins the portfolio of zero emissions vehicles, ABC cells and services to meet the rapidly evolving battery electric market, a very exciting market. The order is the first from ABC who recently entered into an agreement with vicinity motors to distribute its full line of products, which currently includes the vicinity heavy duty midsize bus, the vicinity lightning EV and vicinity LT light duty models in the United States. The vicinity line fills heat transit and private shuttle roles within the ABC vehicle portfolio, enhancing its offering to current customers while expanding sales further into the US transit market. We anticipate high demand for a clean, sustainable vicinity lightning EV and these initial orders mark the beginning of a valuable partnership with the excellent team at ABC. Key word there is initial orders. My prediction is those numbers will grow and hopefully they grow to the goal for William trainer who's the CEO of vicinity motor corp. His own words is he wants to grow to a billion dollar revenue company. A billion dollars in revenue company and obviously they are just getting started. So William trainer is the founder and chief executive officer of vicinity motors corp. People are recognizing the need to move people more efficiently using proven zero emission technology with a smaller environmental footprint and governments are responding to these demands. In fact just last week the government of Canada announced a 2.75 billion investment over the next five years that includes zero emissions, public transit and school buses and I believe that that is huge news for vicinity motor corp. As our customers transition to and adopt electric vehicles, the vicinity lightning EV provides maximum versatility to support multiple transportation applications, utilizing high quality proven and commercially available technology and industry standardized charging solutions. Game changer. With our production ramp up we now have 25 vicinity lightning EV buses in the production phase and are gearing up for significant growth. Gearing up for significant growth. Key words there. We look forward to expanding our reach and sales in the United States through our partnership with ABC driving forward a more sustainable public transit system concluded trainer. Wow. Just quickly take a look. 750 right now and now that they're priced at 750 I think over the next 30 days if they can stay over this price they would then qualify to up list to the NASDAQ. I know that that is something that they're very excited about something they're interested in doing so we're going to keep our eyes on that as well as a huge catalyst and after this share consolidation they actually have less shares issue note standing making them one of the most tightest float stocks that we ever talk about. I believe that they now have 29 million shares issue note standing. I'm going to get into that. ABC companies about ABC companies. ABC companies is a leading provider to the transportation industry with diverse product and service offerings that cover a full spectrum of operational needs including new and pre-owned full-size highway coach equipment along with transit specialty vehicles including battery electric vehicles. ABC supports customers with a comprehensive after sale service network for service and repairs collision services extensive OEM and quality aftermark parts needs for transit motor coach and heavy duty equipment from 10 strategically placed locations throughout the US and Canada. Additionally private and municipal financing and leasing options are available through the company's financial service group one of the largest financial service providers within the industry about vicinity motors. So this is the new name big news about vicinity motors vicinity motors court VMC on the Toronto Stock Venture Exchange TSXV in America on the OTCQX under the symbol BUSXF and in Frankfurt Germany under the symbol 6LG is a leading Canadian supplier of electric CNG gas and clean diesel buses for public for both public and commercial enterprise use. The company's flagship line of vicinity buses which maintain a dominant market share in Canada are produced by world-class manufacturing partners or at the company's Buy America Act compliant assembly facility in Washington State. The company's innovative vicinity lightning EV bus enabled through a strategic supply agreement with BMW seeks to lead the global transition to a more sustainable public transit system. So they are saying you can still go to grandwest.com for more information so that's interesting so they're still keeping this website not sure if they're going to change the name here or if they'll keep the site but they still have the old symbol here so I'll try to find out about that it is in the press release and as you could see currently at $7.50 what do you think of this news are you bullish on this are you waiting for a dip do you think this goes higher from here I want to show you something with their share structure which I think is extremely exciting they were already a tight float stock with a three to one reverse this makes this stock even tighter so the share structure is extremely appealing to me I believe it will be appealing to other investors as well that understand tight float stocks 29 million shares is an outstanding only a 55 million market cap with those classes and right now 166 million market cap price that today's prices so I believe this is one of the most tight float stocks right now that we are talking about very excited about the float we're going to be watching to see how it trades now that it just did the reverse now remember Rich TV Live is strictly for education entertainment purposes always do your due diligence always do your research invest in the best the best is blessed consult a financial advisor ask them what they think ask their opinion on anything before you even consider thinking about buying something we talk about here we are only talking about assets for and stocks for education and informational purposes we want to give you the information but we want you guys to do your own due diligence your own research and we have a trading club love to have you guys be a part of the trading club just go to richpicksdaily.com join the club where we have members from all over the world that are talking stocks right now love to have you be a part of that your boy Rich from Rich TV Live what do you think about the big news vicinity motor corp vicinity motor corp for the vicinity lightning EV world electric vehicle buses folks we brought it to you first and the story is just getting started your boys out but just before you leave make sure you smash that like comment down below share the video everywhere subscribe if you're live if you're not winning you're not watching it's your boy Rich from Rich TV Live in our mold