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Pretty cool huh, could kinda see it, but a nice drop raised the antenna! Cheers
Just got your window of opportunity ;)
Yes volume is very light, besides that .50c resistance the chart looks strong, if it wants to come down a bit say .41-.43 I'll play, significant news could catapult it past that .50c mark
Gotta break into 50s let’s go!! We ve been stuck here time to move up
Don’t think a lot of people know about us yet but they are profitable. Need the name change to get rid of the past crew of bad actors. New CEO and business here now and a really good IR firm but do your own DD my friend
Gltu
Market said, MEHHhhh...
News Out:
BoxVn Set to Commence a Major Fleet Expansion
Press Release | 10/28/2020
-- Company plans to increase fleet by 20% by year-end to 600+ vehicles
-- BoxVn growing fleet to meet expected uptick in demand for services due to pandemic
-- In Spring 2020, demand for vehicle delivery outpaced supply and projections are for demand levels to remain permanent
LONDON, Oct. 28, 2020 (GLOBE NEWSWIRE) -- BoxVn Limited (OTCPINK:VCEX), an emerging leader in the fast-growing Driver and Light Commercial Vehicle (LCV) supply segment of the logistics industry, announced today that it plans to expand its fleet vehicles by 20% by year end in order to meet the expected uptick in demand for delivery vehicles. Once the expansion is complete, the Company will reach more than 600 vehicles on the road, of which more than two thirds are vehicles with a short wheel base.
Demand Levels Expected to Remain Permanent
The BoxVn fleet expansion supports the company’s mission to continue to meet the growing needs of the logistics market sector by providing a critical one-stop service, alongside our focused customer service, which in turn allows our business partners to grow and further expand their market share. This fleet expansion was driven by the need to respond to the developing needs of the growing retail and logistics sectors in response to the Covid-19 pandemic. Earlier this year, demand for vehicles outstripped supply causing major logistics issues. By being proactive, BoxVn is prepared to offer the supply required by our partners to drive their businesses forward.
The Covid-19 pandemic has proven beyond doubt the importance of the online retail and logistics sectors, and has expedited the behavioural shift in shopping habits. In the absence of traditional retail stores, online retail enjoyed growth of 30% in April 2020 alone. While some of the growth could be attributed to the public’s short-term reaction to the pandemic, industry pundits have predicted that a sales demand and growth are likely to be permanent.
BoxVn Financing the New Vehicles
Given the ongoing e-commerce expansion favorably impacting BoxVn’s business, the Company recently began negotiating with multiple finance partners to give BoxVn various platforms with which to sustain its ongoing growth. Across the 6 confirmed finance partners the initial purchase of 100 new vehicles will start to meet the shortfall of the ever-increasing demand.
James Gilzean, BoxVn CEO, said: “As the UK government announces more precautionary measures against the spread of coronavirus it’s now more important than ever to ensure the sector has enough vehicles to meet with compressed growth. BoxVn is proud to play a critical role in this process.”
https://www.otcmarkets.com/stock/VCEX/news/BoxVn-Set-to-Commence-a-Major-Fleet-Expansion?id=278336
New profitable company coming in by R/M. Old company was the shady one. New mgmt and new players here now
Is the name change in anticipation with a Reverse Merge here?
I called the TA yesterday. They said the SHARE COUNT is updated daily on the OTC. Is that accurate?
Does seem like there are a lot of shares being sold around the .47-.50 range . With this volume we should be going up
Thanks. The income sheet shows they don't abuse their Share Structure.
"Operating expenses" are modest. Very few Pinks do that. One usually sees that category (Salaries) Many times more than even Gross Revenues indicating a scam.
This is probably the best available information:
https://www.otcmarkets.com/stock/VCEX/news/UPDATE----BoxVn-Shares-Commence-Trading-on-the-US-Stock-Market?id=276615
I hear there is a name change coming. Is there any significance to that other than the name change itself?
What is the Float here?
I think should be over a buck after the name change and amazon deal? IMO. Not sure when the name change is coming but should be soon. Hope that helps
I didn’t know that. I thought it was a legit site all these years. Thanks bro
That Click-Bait site intentionally misrepresents meaningless intra-day order processing "volume" as shorts. That #'s just MMs doing their job processing orders during the day. I was initially fooled by that site, like many others have been.
Short INTEREST are open short positions needing to be bought back at some point in the future.
Way different numbers on otcshortreport.com
And that is for September not october
Whopping 34 shares short at last check. FINRA posts short interest here:
https://otce.finra.org/otce/equityShortInterest
Large amount of shorted shares this week on the OTC short report. I wonder why?
.52 ! let's go, dollar land beckons $VCEX!
Looks like rolling. Good to see
Seems like the powers that be do not want this running yet... Last week is creating a nice looking chart though
Nice start until some idiot loads the ask instead of letting it run
Launchpad IR is pretty impressive. Check out their site and who they represent and are partners with
launchpadir.net
That would certainly make a difference.
Abnormally quite... especially since the latest PR posted directly on OTC. Wonder if people are just waiting for the official ticker change to jump in
float so small and with lots of likely news
seeing as they hired a media/ ir firm,
could see dollarland pretty quick w any real volume
$VCEX!
Very nice to see some movement here. Actually quite quiet for it waking up and potential. Hopefully get some more eyes
$VCEX .40 nice! BoxVn Shares Commence Trading on the U.S. Stock Market
Press Release | 10/12/2020
-Business name change registration on OTC Market to take effect shortly
-BoxVn is the only provider dedicated to providing complete supply chain products and services
-Company enjoying huge growth by transforming logistics, leveraging e-commerce utilization
-BoxVn Engages Highly Regarded Launchpad IR to Manage Investor Relations
LONDON, Oct. 12, 2020 (GLOBE NEWSWIRE) -- BoxVn Limited (OTCPINK:VCEX), an emerging leader in the fast-growing Driver and Light Commercial Vehicle (LCV) supply segment of the logistics industry, is pleased to announce that the Company’s common shares now trade on the Over-The-Counter market. In addition, the Company has engaged New York-based Launchpad IR (www.launchpadir.net) as its agency of record for Investor Relations. Launchpad IR is a well-known leader in emerging growth company corporate communications and investor relations focused on creating market awareness for emerging growth companies.
BoxVn Background
Since its inception in 2018, BoxVn has achieved strong growth rates led by its targeted business model, which seeks to provide high-level service at affordable price points covering the last mile of delivery. BoxVn separates itself from the competition by providing both the driver recruitment and vehicle, along with insurance for the driver and goods in transit. BoxVn is a market-leading service so unique that it has revolutionized driver life cycle, driver assistance and driver resources providing a dependent and integral service to one of the biggest and fastest growing sectors in the world. Management’s deep understanding of the courier and online shopping markets ensure we are able to consistently deliver for our partners at every level.
Post COVID-19, the global logistics market size is projected to grow from USD $2.7 billion in 2020 to USD $3.2 billion by 2021, a YoY increase of 17.6%. Major drivers include a rise in the supply of essential commodities and substantial increases in e-commerce. This market evolution has fostered BoxVn’s growth and led to a key partnership with Zego, an innovative vehicle and fleet insurance provider. Zego presents BoxVn with a strong advantage over market competitors, as the only comprehensive commercial vehicle supplier offering vehicle hire, driver recruitment and custom insurance policies packaged into one.
Going Public
James Gilzean, Managing Director of BoxVn commented on the landmark event, “We are excited to commence trading in the U.S. and look forward to the Company, our employees, shareholders, and customers to benefit from being a publicly trading Company. We are also very excited that we have attracted the interest of Launchpad IR to represent the Company, tell our story to their large audience and take the journey down the public path with BoxVn. Our objective is to drive growth and innovation in this segment. Based on our strong 2Q20 revenue growth, we are already positioned for a multi-million-dollar annual revenue run-rate this year.”
Boasting decades of hands-on corporate development experience and broad personal relationships in the private and public investment communities, Launchpad’s team is highly regarded among the industry’s decision-makers. Launchpad’s Stan Wunderlich noted, “Armed with strong growth, BoxVn is about to take Wall Street by storm. Strong leadership has taken this start-up from low revenue to one set to become a multi-million-dollar service provider overnight.”
About BoxVn Limited
BoxVn Limited started as a small recruitment business and quickly evolved into a driver and Light Commercial Vehicle (LCV) supply business offering services so unique that it has revolutionized flexible vehicle supply, unemployment and the driver recruitment life cycle to provide a dependable and integral service to one of the biggest and fastest growing sectors in the world. Our core business is the supply of Light Commercial Vehicles to logistics businesses on a flexible and medium-term basis, and is designed to serve logistics businesses and drivers first with a non-traditional approach offering a high-level of service at an affordable price point. For more information, please visit www.boxvn.co.uk.
About Launchpad IR
Launchpad IR specializes in designing investor relations programs to effectively position companies within the capital markets worldwide. We advise primarily micro- and small-cap clients across all industries. Every program delivers value-added strategic counsel and recommendations, as well as the ability to implement and execute quickly and effectively in any market environment. We offer our clients a unique combination of strategic counsel, capital introductions and secondary market support services. Launchpad’s team is comprised of professionals with decades of Wall Street, investor relations and media experience. Coupled with a proactive partnering approach that aligns our interests with our clients’, Launchpad IR is the perfect starting point for early-stage companies seeking to build shareholder value. For more information, please visit www.launchpadir.net.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, filing patent applications, product development, and business strategy. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in BoxVn periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contact Information:
For the Company For Investor Relations
James Gilzean Stan Wunderlich
Managing Director Launchpad IR
jg@boxvn.co.uk swunderlich@cfsg1.com
+44 (0) 203 553 5353 1-800-625-2236
New Press Release this morning on the OTC.
https://www.otcmarkets.com/stock/VCEX/news/UPDATE----BoxVn-Shares-Commence-Trading-on-the-US-Stock-Market?id=276615
Shhhhh still accumulating
What's going on here? Pretty quite given last few days
.45 ask up, looking great!
Ran to 2 bucks on a bs company last year. Now we have a profitable business coming in.
nice! now bring on some news! maybe they are waiting for name and ticker change?
LITTLE CHANGES TO PROFILE ----
Description
Boxvn Is a wholly owned Subsidiary of Vaccex Inc. BoxVn is a market-leading service so unique that it has revolutionized driver life cycle, driver assistance and driver resources providing a dependent and integral service to one of the biggest and fastest growing sectors in the world. Our commercial background demonstrates our understanding of the courier and online shopping sectors and ensures we consistently deliver for our partners at every level. As we continue to grow our network and internal resource our business continues to grow with our partners and ensures we remain one step ahead of our competitors. For more information please visit our website https://boxvn.co.uk/
5) Describe the Issuer’s Business, Products and Services
BoxVn is a driver and Light Commercial Vehicle (LCV) supply business, achieving impressive growth since its inception, due to providing a high-level service at an affordable price point. BoxVn separates itself from the competition by providing both the driver recruitment and vehicle, along with insurance for the driver and goods in transit.
BoxVn is the only provider on the market who is dedicated to providing complete supply chain products and services.
The company has built strong industry relationships without advertising or pushing the business, growing to more than 400 vans on the road with minimal outside investment.
Funding will be used to greatly accelerate company and revenue growth, expanding its core business by capitalising on vehicle supply and territorial growth opportunities.
Additionally, the funds will be used to develop and expand the company’s sustainable and efficient solution strategy by acquiring electric vehicles, ensuring compliance with Ultra Low Emissions Zones recently introduced in London as well as the UK government’s air pollution targets.
COVID-19 has had a serious effect on the logistics market, but BoxVn has been stepping up to aid wherever possible.
Currently partnered with 2 charities, BoxVn drivers and vehicles, whilst closely following government guidelines, are helping to deliver over 20,000 meals per day to the elderly, vulnerable and NHS staff, along with toiletries and PPE to 25 hospitals based in the South East.
BoxVn started in October 2018 as a small recruitment business and quickly evolved into a driver and Light Commercial Vehicle (LCV) supply business offering services so unique that it has revolutionized flexible vehicle supply, unemployment and driver recruitment life cycle.
The company has built strong industry relationships without advertising or pushing the business, growing to more than 400 vans on the road with minimal outside investment.
The core business of BoxVn is the supply of Light Commercial Vehicles to logistics businesses on a flexible and medium-term basis, allowing customers to recruit drivers who are unable to afford their own vehicle.
BoxVn is uniquely positioned within one of the biggest and fastest growing sectors in the world and currently offers recruitment, compliance and LCV hire to several established partners across the UK.
The Company’s offering is unique, with most competitors being either recruitment or van suppliers; who do not supply vans with the courier stipulated hire and reward insurance with goods in transit.
As detailed on the company achievements, BoxVn has partnered with Zego insurance. Company Achievements
Year one turnover in excess of £650,000 without outside investment.
Year two Q2 turnover already exceeded £1m with minimal outside investment.
Exceeding growth expectations in year one with 260 vehicles on the road in December 2019. Insurance partnership deal with Zego an innovative InsurTech provider.
Signed heads of terms for reversal into a Shell company in preparation for listing on a recognised Stock Exchange.
Unprecedented 45% growth in the first 6 months of year two. The core business of BoxVn is operated using its standard rate card. Partners can choose between three vehicle types and add insurance options depending on the driver’s license type:
Vehicle
BoxVn Short Wheel Base BoxVn Long Wheel Base BoxVn Luton / Lo-Loader
25+ Under 25 (23/24) £210 pw £220 pw
£240 pw £250 pw
£265 pw NA
EU Licence £220 pw £250 pw £275 pw
says the public float is 0! lol
.Just waiting for that deal with Amazon and it’s on
looks really good! revs and earnings! name change has been submitted! tiny float
https://backend.otcmarkets.com/otcapi/company/financial-report/257641/content
$VCEX!
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