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Last $0.0035 USD
Change Today -0.0018 / -33.96%
Volume 5.3M
GACR On Other Exchanges
As of 3:58 PM 07/30/15 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
08/20/14 - $0.01
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

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

green automotive co corp (GACR) Key Developments

Green Automotive Company Announces Management Appointments

Green Automotive Company announced the appointment of Ben Rainwater and Agnes Cha to its Board of Directors to broaden the Board's experience in the automotive industry. Additionally, Mr. Rainwater was appointed as the company's CEO and Ms. Cha was appointed as the company's SVP, Corporate Affairs effective immediately. With the support of Carter Read, company's interim President and Secretary and President of Newport Coachworks, Mr. Rainwater and Ms. Cha have been assessing the overall operations of the company and Newport Coachworks since early January of this year. Mr. Rainwater has been recruited and promoted to increasing levels of responsibility as he went on to help successfully launch Mitsubishi, Daihatsu, Kia and Daewoo brand vehicles here in the U.S. market. Mr. Rainwater is also CEO of BRAC Global Automotive where his current responsibilities include assessing business needs and developing both short and long-term strategies to improve operational performance/efficiencies directed toward increased customer satisfaction levels and profitability. Ms. Cha has more than twenty-years of extensive international business experience that includes negotiating contacts, determining business trade terms, major product acquisitions, and arranging large sum monetary financing.

Green Automotive Company announced delayed annual 10-K filing

On 04/01/2015, Green Automotive Company announced that they will be unable to file their next 10-K by the deadline required by the SEC.

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.


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