Fidelity
Home > Boards > US OTC > Automotive and Transportation >

Green Automotive Company Corporation (GACR)

GACR RSS Feed
Add GACR Price Alert      Hide Sticky   Hide Intro
Moderator: No Moderator Tonyeight, bar1080, bwilk1984, michaeldesanta
Search This Board:
Last Post: 4/16/2014 2:31:13 PM - Followers: 32 - Board type: Free - Posts Today: 8

GREEN AUTOMOTIVE COMPANY - REUTER'S PROFILE



Green Automotive Company, incorporated on November 15, 1996, is a vehicle design, engineering, manufacturing and distribution company. The Company also provides after sales program. It possesses a portfolio of businesses and is active in three main market segments: Cutting edge technology development, engineering and design with a focus on zero and low emission vehicle solutions; Manufacturing and customization of vehicles for markets with the potential to be converted into low emission or electric vehicles, such as shuttle buses, taxis, commercial vehicles, and After sales services for electric or low emission vehicles, including servicing and repair. On December 14, 2012, the Company closed its merger with Matter of Time I Co. As per the merger agreement, Matter of Time I Co. dissolved into and became a part of Green Automotive Company, with Green Automotive Company being the surviving corporation. In January 2014, Green Automotive Co Inc acquired a 21.63% interest in Viridian Motor Corp Inc.

 

The Company's two divisions servicing the three segments are Liberty Electric Cars Ltd and Newport Coachworks Inc. Liberty Electric Cars Ltd designs and develops EV technologies for use in its own converted vehicles and for sale to original equipment manufacturers (OEM’s) for incorporation into its production. In addition, it provides an aftermarket program for electric vehicle users to ensure the longevity of their vehicles. Newport Coachworks Inc. specializes in building shuttle buses, running on a variety of energy sources from petrol and diesel though to compressed natural gas (CNG).

 

The Company competes with Zytec, AMPD, Siemens, Tiffany, Krystal, Ford, and General Motors, Cummins and Freightliner.

SOURCE:  
http://www.reuters.com/finance/stocks/companyProfile?symbol=GACR.PK&rpc=66

 


Official Links

 

WEBSITE:  http://www.thegreenautomotivecompany.com/
SEC FILINGS:  https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1497632
LINKEDIN:  http://www.linkedin.com/company/green-automotive-company
FACEBOOK:  https://www.facebook.com/greenautomotivecompany
TWITTER:  https://twitter.com/gacr_auto
YOUTUBE:  http://www.youtube.com/user/greenautocompany
NEWS RSS:  http://www.thegreenautomotivecompany.com/feed/

 


Recent Developments



Newport Coachworks, Inc. Announces New Dealership Network and Electric Bus Pilot - 04/09/2014
Chauffeur Driven published an article focusing on Newport Coachwork's year to date developments, the expansion of a new sales distribution channel, and an update on the e-Patriot pilot program.

-- New distributor, Midwest Transit Equipment, will service the Midwest and Western sales region.
-- Don Brown Bus Sales will continue to service the East sales region.
-- e-Patriot is being tested by Bell Transportation of Las Vegas.
-- Several dozens of e-Patriot orders have been committed for delivery in Q4 2014 (estimated sales volume of $5,400,000-$6,120,000).
-- Moonlight Coachworks alliance for manufacturing interiors.

 

SOURCE:  http://www.chauffeurdriven.com/resources/feature-stories/204-newport-electrifies-the-bus-market.html


Green Automotive Provides Guidance on Its 2014 Forecast for Shareholders and Investors - 04/03/2014
This first guidance from the management of Green Automotive Company (OTCQB: GACR) for analysts, shareholders and investors builds on the results posted in our 10-K for full year 2013 filed on the 31(st) March 2014 in which we saw a nearly 10 fold rise in revenue over 2012.

-- Forecast $13.8 million in revenue and break even performance for 2014* (compared to $13 million for 2013).
-- Newport Coachworks Inc. output expected to increase from 2 buses per week to 4.
-- Exports to Middle East, India, and China.
-- GoinGreen retail outlet opening in U.S. this year.
-- Regularly quarterly updates moving forward.

 

* contingent on recent acquisitions of Blackhawk Manufacturing Inc. and Transhock Ltd.

 Ian Hobday, CEO of Green Automotive: "I believe the revenue growth we achieved in 2013, together with the acquisitions we have made, provide us with a great platform to build on. We will continue to execute our Global Business Plan going forward; integrating Blackhawk and Transhock; generating further synergies and reducing back office costs, whilst continuing grow through the acquisition of new customers."


SOURCE:  http://online.wsj.com/article/PR-CO-20140403-909523.html


Green Automotive Company Files Its Annual Report on Form 10-K for the Year Ended 31(st) of December 2013 - 04/01/2014
Green Automotive Company (OTCQB: GACR) reported record annual sales in its Form 10-K for the year ended December 31, 2013 which was filed yesterday with the U.S. Securities and Exchange Commission (SEC).

These are the main highlights of the 10-K Form:

   -- Revenue reached record $3,025,850, nearly 10 fold increase year over year.
   -- Revenue increased quarterly:  1Q13 $218k, 2Q13 $429k, 3Q13 $1m, 4Q13 $1.4m.
   -- Overall loss was over $16m, but adjusted for non cash items, operating loss was $2.4m.
   -- R&D spending in Newport Coachworks was circa 100k in 2013, and in Liberty Electric Cars, circa $454k.

SOURCE:  http://online.wsj.com/article/PR-CO-20140401-906102.html



Green Automotive Company's Californian Subsidiary, Newport Coachworks, is Taking the Industry by Storm with Its New Limobuses - 03/26/2014
Green Automotive Company (OTCQB: GACR)'s Californian subsidiary, Newport Coachworks Inc, specializing in the design and production of limousine and shuttle buses ranging in size from 14 to 52 seaters, launched its new limobuses last year. Its vehicles, built to the highest level of quality and finish, are revolutionizing the industry and are driving sales growth to record levels.

SOURCE: 
http://online.wsj.com/article/PR-CO-20140326-907248.html



Green Automotive Company Signs Binding Agreement to Acquire UK Based Parts Remanufacturing Business Transhock Ltd - 3/4/2014
Green Automotive Company (OTCQB: GACR),today announced that it has signed a binding agreement to buy Transhock Ltd., a well established re-manufacturer and distributor of vehicle parts and accessories based in the West Midlands in the UK, the heart of the UK Automotive Industry. The company reported circa $7m+ of Revenues for the year ended 31st March 2013 (to UK GAAP), and was both profitable and cashflow positive. The transaction will be earnings accretive to GAC and was paid for with $1.8m in equity. For Green Automotive this acquisition presents an opportunity to strengthen its position in the growing market for recycling vehicle parts and in particular to extend, and develop its range of remanufactured parts for electric vehicles, especially in the area of battery technology.

SOURCE:  http://online.wsj.com/article/PR-CO-20140304-906503.html


 


Older Developments



Cali subsidiary Newport Coachworks was one of the major exhibitors at last week's LCT Show, one of the largest shuttle and charter events, where the company presented its shuttle bus range on a 2500 sq. ft. exhibition space. Newport Coachwork's display of innovative and high quality shuttle and limo buses saw over 450 bus operators visit their stand from the US, Canada, France, and a number of other regions: During the show, the company took orders for over $1.6 Mil.
The selling "star" was the Patriot, 19 to 23 seat shuttle bus, with 9 buses sold. 3 customers chose the biggest model, the Freedom 45, for its beautiful exterior design and finish. The up-market Limo bus with its fancy interior seduced 2 companies, for a total of 14 sales at the show!

2/24/2014

Green Automotive Company Signs Binding Agreement to Acquire Blackhawk Manufacturing Inc. at the LCT Show in Las Vegas
2/18/2014

Green Automotive Company (OTCQB: GACR), today announced that its UK subsidiary LIBERTY ELECTRIC CARS (www.liberty-ecars.com) has launched its widely acclaimed program for the support of all types of electric vehicles known as Liberty E-Care in France.
02/11/2014

RIVERSIDE, Calif.--(BUSINESS WIRE)--February 04, 2014-- Green Automotive Company (OTCQB: GACR) announced last week the launch of its all American built 100% electric shuttle bus, the e-Patriot, at the upcoming February 16-18th International LCT Show at the MGM Grand Hotel & Casino in Las Vegas (www.lctshow.com), one of the largest shuttle and charter events. The company has already received several enquiries from local authorities and businesses as the e-Patriot can offer a very cost effective transport solution in a variety of markets.
02/04/2014


 


bar1080's Disclaimer and 2 Year Chart


postings above this line were not provided by moderator Bar1080 and I am not responsible for them.

GACR 2-year Chart


Green Automotive Company is a very risky stock in this moderator's  (bar1080) opinion. I don't own GACR and I recommend not buying it. Material in my section of this page is for informational purposes only. The author is not an investment professional. Consult your investment advisor and company filings for more information. Bar1080 is neither long nor short GACR.

PostSubject
#371  Sticky Note Updated IBOX above. I started by adding a bar1080 03/26/14 03:00:35 PM
#688   I am sure they cannot wait to kill wol68 04/16/14 02:31:13 PM
#687   I've owned a hybrid so I know how michaeldesanta 04/16/14 01:59:12 PM
#686   Tell that to Shell, Chevron, Mobil & BP oil liverpool8 04/16/14 01:30:11 PM
#685   My friend tried a EV. The feeling was wol68 04/16/14 11:24:36 AM
#684   Fred Luke is still listed as a Director liverpool8 04/16/14 10:12:38 AM
#683   "Long on promise and short of performance." Luke bar1080 04/16/14 07:02:00 AM
#682   Fred Luke: "By now it's a familiar litany. bar1080 04/16/14 06:48:23 AM
#681   Late GACR CFO Darren West's Funeral was yesterday. michaeldesanta 04/16/14 12:04:52 AM
#680   Wow!! Fred Luke? I haven't heard that moras 04/15/14 11:08:21 PM
#679   Shorting Interest for End of March michaeldesanta 04/15/14 07:54:27 PM
#678   Big was lower a few weeks ago. michaeldesanta 04/15/14 07:17:04 PM
#677   Classic Death Spiral Chart bar1080 04/15/14 06:04:23 PM
#676   0.0247 a new record low bid? Hope no bar1080 04/15/14 06:01:52 PM
#675   looking forward to it! Honest_Devan 04/15/14 03:31:54 PM
#674   Someone's clearly loading up. michaeldesanta 04/15/14 03:29:59 PM
#673   "[GACR] has been having a rough time since bar1080 04/15/14 02:41:52 PM
#672   another 1.1 million went through for GACR at Honest_Devan 04/15/14 01:12:47 PM
#671   Nice to see a little green. .02s seem Ultimaratioregum 04/15/14 12:07:31 PM
#670   Potential Pump & Dump Coming Tomorrow or Day After... michaeldesanta 04/14/14 09:13:01 PM
#669   Can't trust anyone but yourself investing in Penniland. michaeldesanta 04/14/14 08:39:39 PM
#667   LOOKIN GOOD !!!!!!!!!!!!!!CHEERS chubbs27 04/14/14 08:24:08 PM
#666   Here's the chart on that February no-brainer: bar1080 04/14/14 08:22:18 PM
#665   I noticed some inside buys in feb, normally chubbs27 04/14/14 06:54:53 PM
#664   8.8 million volume today michaeldesanta 04/14/14 05:56:26 PM
#663   Green Automotive Company (GAC) is Hiring Electric Vehicle Engineer michaeldesanta 04/14/14 05:08:58 PM
#659   Fixed. michaeldesanta 04/14/14 12:01:33 PM
#658   Newport Coachworks, Inc. featured in Chauffeur Driven April Edition michaeldesanta 04/12/14 03:46:32 PM
#657   Got it! "proof" of late GACR CFO Darren michaeldesanta 04/12/14 02:56:51 PM
#656   Newport Coachworks Inc. Announces New Dealership Network and michaeldesanta 04/12/14 02:33:46 AM
#655   Sorry, no dice tonight. michaeldesanta 04/12/14 12:43:28 AM
#654   You can't dump 0 Shares michaeldesanta 04/12/14 12:23:18 AM
#653   Why the late CFO Darren West "dumped" GACR Stock michaeldesanta 04/12/14 12:01:15 AM
#652   I still haven't found "proof", but got something else. michaeldesanta 04/11/14 09:29:42 PM
#651   I completely understand. You put money and faith michaeldesanta 04/11/14 03:29:23 PM
#650   Im sorry for your loss michaeldesanta. I can Ultimaratioregum 04/11/14 12:41:04 PM
#649   I've definitely got evidence, but out off respect michaeldesanta 04/11/14 11:58:19 AM
#648   Obituaries are informative because they tend to be bar1080 04/11/14 11:37:53 AM
#647   A link to any evidence would be great. Ultimaratioregum 04/11/14 11:12:07 AM
#646   Gotta link to a funeral announcement or obituary? bar1080 04/11/14 11:01:44 AM
#645   We're going in circles on a moot point. michaeldesanta 04/11/14 10:25:54 AM
#644   I'll ask to have that taken care of. michaeldesanta 04/11/14 10:23:54 AM
#643   GACR website still says West is CFO and bar1080 04/11/14 09:50:28 AM
#642   Still can't find any obituary or funeral announcement bar1080 04/11/14 09:46:37 AM
#641   solar_fusion wrote a good intro to shorting Penniland here: michaeldesanta 04/10/14 10:26:04 PM
#638   Actually, yes you CAN short GACR. michaeldesanta 04/10/14 04:20:00 PM
#637   Whatever! You cannot short this stock, so please liverpool8 04/10/14 04:11:44 PM
#636   That's only half true. The other problem michaeldesanta 04/10/14 04:08:10 PM
#635   Volatility makes a market and creates liquidity for liverpool8 04/10/14 07:26:20 AM
#634   105 M Share Float According to Reuters michaeldesanta 04/10/14 06:02:42 AM
#633   I Smell Price Manipulation michaeldesanta 04/10/14 05:34:39 AM
PostSubject