COA is voting to release 10,000,000 prefered shares into the market.
That is not good - but they need some help financially - so I guess it is what it is!
Coachmen Industries is a premier builder of systems-built homes, and large scale residential construction projects. Through a joint venture with ARBOC Mobility, Coachmen Industries also manufactures a full line of ADA-accessible buses.
The Coachmen Housing and Building Group includes All American Homes®, LLC and Mod-U-Kraf®, LLC, which combined are one of the nation's largest builders of systems-built residential homes. Models range from single-story ranches to spacious two-story colonials to beautifully rustic log homes, under the Ameri-Log Homes™ brand. A line of solar homes that can generate low to zero energy bills is also available under the Solar Village® brand. Through All American Building Systems™, LLC, the Coachmen Housing and Building Group also builds large scale projects like apartments, condominiums, dormitories, hotels, and military and student housing. The Company’s construction facilities are located in Colorado, Indiana, Iowa, North Carolina, and Virginia.
Coachmen Specialty Vehicles division manufactures a full line of ADA accessible buses under the Spirit of Mobility brand name. These buses range from 21 to 28 feet in length, and are available in both gas and diesel engine configurations. This bus line represents a value breakthrough in low-floor bus technology, providing premium accessibility features at prices significantly below any other low-floor buses available today. The bus manufacturing facilities are located in Middlebury, Indiana.
A publicly held company, Coachmen Industries' stock is listed on the New York Stock Exchange under the ticker COA.
My post are opinions only - Please do your own due diligence before investing.
AI
