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Last $0.0062 USD
Change Today -0.0013 / -17.33%
Volume 676.8K
GACR On Other Exchanges
As of 3:00 PM 03/26/15 All times are local (Market data is delayed by at least 15 minutes).

green automotive co corp (GACR) Snapshot

Previous Close
Day High
Day Low
52 Week High
04/2/14 - $0.05
52 Week Low
10/15/14 - $0.0028
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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green automotive co corp (GACR) Details

Green Automotive Company, together with its subsidiaries, focuses on the design, engineering, manufacture, and sale of niche vehicles using zero and low emission technologies in the United States. Its activities include vehicle technology development, engineering, and design with a focus on zero and low emission solutions; and manufacturing and customization of vehicles for niche markets. The company’s activities also comprise retail sale of a range of zero emission transport solutions, and after sales support programs for electric or low emission vehicles, such as parts, servicing, and repair. In addition, it sells new and used versions G-Wiz electric vehicles under the GoinGreen brand name. The company is headquartered in Riverside, California.

green automotive co corp (GACR) Top Compensated Officers

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Executives, Board Directors

green automotive co corp (GACR) Key Developments

Green Automotive Company Announces Amendments to its Articles of Incorporation and Bylaws

Green Automotive Company plans to request approval from its stockholders to amend its Articles of Incorporation and Bylaws to increase its authorized common stock and create a series of anti-dilutive, convertible preferred shares to allow the company to reconstitute its capital structure. The objective, moving forward, is to insulate the company's primary stockholders from past, present, or future dilution in the open market by providing these anti-dilutive securities as a dividend payment. Thereafter, the next step in the initiative is for the company to use these convertible preferred securities as currency to exchange or novate other of its derivative liabilities that exist on the financial statements in the form of affiliate and non-affiliate debt. The Company anticipates that much of its principal affiliate debt will be retired in exchange for shares of the new series of preferred stock, while the interest will be converted into restricted common stock.

Green Automotive Company announced delayed 10-Q filing

On 11/14/2014, Green Automotive Company announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Green Automotive Company Announces Management Changes

Green Automotive Company announced that Ian G. Hobday resigned his positions as Chief Executive Officer, interim Chief Financial Officer, Secretary and member of the Board of Directors for the stated purpose of pursuing other business opportunities. On October 10, 2014, board of directors appointed Mr. Carter Read, President of Newport Coachworks Inc. to the positions of interim President (Principal Executive Officer) and Secretary of the company. Carter Read, age 57, is the company’s interim-President, Secretary and a member of its Board of Directors. Mr. Read has been the President of Newport Coachworks Inc., since October 2012. In this position Mr. Read oversees all aspects of Newport Coachworks' bus manufacturing process. The company hired Mr. Alan J. Bailey as its Chief Financial Officer. Mr. Bailey is not related to any of its current officers or directors by family or marriage. Donald J. Murray's resignation as its Controller and Senior Vice President Global Finance went effective.


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Cummins Inc $137.13 USD +0.37
Siemens AG €99.80 EUR -0.153
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Price/Sales 0.9x
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TEV/Sales 0.7x

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