Vivic Corporation (QB) (VIVC) News

VIVC still has a pulse. Looks like slow, quiet accumulation IMO. Hmmm

https://www.otcmarkets.com/stock/VIVC/quote
http://www.vivic.biz

Volume starting to pick up lately. Highest volume in 52-weeks early today. Single trade of 15.6k shares @ $2.10

FORM 8-K

Item 1.01. Entry into a Material Definitive Agreement

On January 3, 2021, Khashing Yachts Industry (Guangdong) Limited Company, our wholly owned subsidiary in Guangzhou, China, entered into a Joint Venture and Cooperation Agreement with Shenzhen Ocean Way Yachts Service Co., Ltd (“Ocean Way”). Under this agreement, we will acquire 60% of the total issued and outstanding shares of Ocean Way and will utilize Ocean Way’s established yacht database, yacht resources and its media resources to expedite our growth. We expect to significantly increase the company's influence in the Chinese yacht industry by this transaction.

Ocean Way was formed in 2013 and is a comprehensive Chinese yacht service provider. It owns multiple platforms including magazine, new media and online yacht mall. It has a proprietary yacht database and has been providing customized and accurate market study reports for yacht event organizers, sellers ad manufacturers since 2019. It has produced a number of publications including “2015 Ocean Way China Yacht Market Study” and “2017 Ocean Way China Yacht Market Study” which were the unique market reports for Chinese yacht market.

https://www.otcmarkets.com/filing/html?id=14791793&guid=1OxaUezd2BLks3h

FORM 8-K

Item 8.1 Other Events

On August 12, 2020, the Board of Director of Vivic Corp ("Company") adopted the resolution to cancel 1,463,755 shares of common stock.

On September 23, 2020, the Company’s wholly owned subsidiary Guangzhou Monte Fino Yacht Co. Ltd established a subsidiary Zhejiang Jiaxu Yacht Co., Ltd in Wenzhou, China in order to carry out the marina construction and yacht operation business in Wenzhou area, China.

https://www.otcmarkets.com/filing/html?id=14413139&guid=28v6UaDcyRPRLth

VIVIC Corp. Signs Smart Electric Shipyard Project Contract with the Quanzhou government of Fujian

https://www.otcmarkets.com/stock/VIVC/news/story?e&id=1692967

Nice news

VIVIC Corp. Rolls Out New All-Electric Boat and Yacht Products

https://www.otcmarkets.com/stock/VIVC/news/story?e&id=1683023

Vivic Corp officially launched the Taiwan developed "Joy Wave" online platform in Shenzhen and Guangzhou, China to facilitate the growing local demands for yacht time-share and charter services

https://www.otcmarkets.com/stock/VIVC/news/story?e&id=1679957

VIVIC CORP. and Quanzhou Harbour Group Co., Ltd. Sign Second Phase Agreements on Marina Production

https://www.otcmarkets.com/stock/VIVC/news/story?e&id=1623063

Missed the 10-K 4/02/2020

https://www.otcmarkets.com/filing/html?id=14051668&guid=O6bWUa42ZsY--3h

On October 15, 2019,we acquired Guangzhou Monte Fino Yacht Co., Ltd., a Chinese limited liability company (“Guangzhou Monte Fino”).

Guangzhou Monte Fino holds the exclusive license to use the brand “Monte Fino” in mainland China. Monte Fino is a famous yacht brand owned by Taiwan Kha Shing Yacht Company, one of the leading yacht manufacturers in the world. Guangzhou Monte Fino has acquired the rights to develop a yacht marina in Shanwei City, Guangdong Province, China and has also developed and operated “Joy Wave”(??),an online yacht rental and leisure service platform in Guangzhou, China. Guangzhou Monte Fino engaged in business in multiple Chinese provinces including Guangdong, Fujian and Hainan, and it has received numerous awards at the famous China Boat Show.

Currently there are two main sections in our business:

(1)In mainland China and Taiwan, we carry out the development, sales and operation of new energy electric yachts and traditional power yachts, covering the entire yacht industry chain. Through the Internet platform, we provide our own proprietary and third-party yacht tourism products, covering the best coastal tourism attractions in Taiwan and China including Hainan, Guangdong, Xiamen, and Quanzhou.

(2)For the global energy market, we develop a series of oil and gas energy-saving products with new energy-saving technologies. This cross-century energy-saving solution can be applied in various scenarios with oil and natural gas as energy sources. Experiments have shown that achieving energy efficiency of up to 50% in the field of large boiler energy saving has a huge market prospect. This energy-saving innovative technology will also be applied to new energy-saving ships and traditional boat reconstruction equipment to save energy. This innovative technology will bring new changes to the yachting industry and “promote a low carbon journey for tourists” to protect the global environment.

In the field of yacht manufacturing, we have developed a series of new energy saving yacht for environmental protection, which can be used in waters with strict environmental protection requirements. In the field of marine tourism, the number of yachts that can be rented has been increased through yacht sharing program system, which can provide services for more customers. In the field of yacht real estate, we are actively developing wharfs. Two wharf projects have reached development intentions with the local government, with a total berth of more than 600.The application of new energy-saving technology has begun trial operation, and market work will be carried out in an all-round way after achieving ideal results.

All our services and products can be customized according to customer requirements.

VIVC looking good.

8k, new board memebers

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.



On December 13, 2019, in a Special Meeting of the Board of Directors of Vivic Corp, ("Company"), the board accepted the resignation of Kun-Teng Liao from the Director position. The resignation of Kun-Teng Liao is due to personal reasons and is not the result of any disagreement or dispute with the Company.



In the same special Board meeting on December 13, 2019, Hwang Liu-Shiang Kung and Huilan Chen became the new Board Directors of the Company.



Hwang Liu-Shiang Kung , 76 years’ old, is a resident of Taiwan (R.O.C). She graduated from Tainan Community University. She is a chairman of Jiexin Investment Co., Ltd from June 2018 till present day. She is a director of Jianyu Material Industry Co., Ltd from September 2017 till present day, a director of Kha Shing Enterprises Co., Ltd. from June 2019 till present day, and a director of Horizon Yacht Co., Ltd. from June 2017 till present day.



Huilan Chen, 51 years’ old, is a US resident. She received her Bachelor’s degree in Business Administration in International Trade from Feng-Chia University, Taichung, Taiwan and her MBA degree from Cleveland State University, Ohio, US. From October 1998 to May 2002, she was the product manager of Tsann Kuen Enterprise Co. Ltd Tainan, Taiwan. From October 2004 to October 2012, she was the Office Manager of Aclor Inc, Georgia, US. From December 2015 to August 2016, she was the Logistic Manager of Uni-All Group Ltd, Georgia, US.

Nice, took couple of days.

Mine too

FS shares now shown in account.

Hmmm, wonder what's up, meanwhile 8 x 13

As far as I know it's not normal. Can't remember a delay without the delay showing up on DL.

You are correct. I have not been in many FS tickers, don't know if delay is normal.

Effective/Ex Date/Time 01/27/2020 00:00:00 so I think it should have happened already

Yeah, was expecting forwarded shares in our accounts. Still shows old counts. Maybe added later?

8 x 25, no FS yet?

Yep, a follow up PR would be welcome too.

Saw it, nice!

Forward split 4:1 per DL effective 1/27/2020.

https://otce.finra.org/otce/dailyList?viewType=Dividends%2FDistributions%2FSplits

Yep. Nothing on DL yet.

nice, waiting for the 4:1 FS

New 52-week High 7.

8-K out

Item 5.03
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On January 15, 2020, the majority stockholders and the board of directors of Vivic Corp (the “Company”) approved an amendment to the Company’s Certificate of Incorporation (the “Charter”) to file with the Secretary of State of the State of Nevada a Certificate of Amendment to the Charter (the “Charter Amendment”). Pursuant to the Charter Amendment, the Company’s Charter was amended, effective as of January 20, 2020, to effect a Four for One (4:1) forward split of the Company’s shares of common stock. This amendment supersedes the amendment filed on November 2, 2019 regarding the same Four for One (4:1) forward split.

https://www.otcmarkets.com/filing/html?id=13847996&guid=sJQjU6BpKXcU5th

New 52-week High 6.

New 8-K out
Completion of Acquisition or Disposition of Assets.

https://www.otcmarkets.com/filing/html?id=13820509&guid=ot1jUWElWRprU3h

Very nice

8-K out

Item 5.03
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On November 2, 2019, the majority stockholders and the board of directors of Vivic Corp (the “Company”) approved an amendment to the Company’s Certificate of Incorporation (the “Charter”) to file with the Secretary of State of the State of Nevada a Certificate of Amendment to the Charter (the “Charter Amendment”). Pursuant to the Charter Amendment, the Company’s Charter was amended, effective as of November 19, 2019, to effect a Four for One (4:1) forward split of the Company’s shares of common stock.

https://www.otcmarkets.com/filing/html?id=13749593&guid=MdUvUnKRHtS7Oth

Form 8-K. Item 2.01 Completion of Acquisition or Disposition of Assets.

https://www.otcmarkets.com/filing/html?id=13695788&guid=DgASUq7q12GCDth

On October 15, 2019,Vivic Corp (“Company”) completed the acquisition of 100% ownership of Guangzhou Monte Fino Yacht Co., Ltd., a Chinese limited liability company (“Guangzhou Monte Fino”).

Guangzhou Monte Fino holds the exclusive license to use the brand “Monte Fino” in mainland China. Monte Fino is a famous yacht brand owned by Taiwan Kha Shing Yacht Company, one of the leading yacht manufacturers in the world. Guangzhou Monte Fino has acquired the rights to develop a yacht marina in Shanwei City, Guangdong Province, China and has also developed and operated “Joy Wave”(??),an online yacht rental and leisure service platform in Guangzhou, China. Guangzhou Monte Fino engaged in business in multiple Chinese provinces including Guangdong, Fujian and Hainan, and it has received numerous awards at the famous China Boat Show.

The acquisition of Guangzhou Monte Fino is a milestone for the Company’s business in mainland China. Guangzhou Monte Fino’s operations will contribute significantly to the main business of the Company, including marine tourism, yacht rental and marina management.

http://www.vivic.biz/dynatic/16.html

Nice, VIVC moving right along, thanks.

VIVC Daily Chart

$VIVC Tier Change: Pink Current to OTCQB

OTCM Link
https://www.otcmarkets.com/stock/VIVC/disclosure

Holding on to VIVC, lot of potential here

Agreed, could be a good one

Looks like VIVC is seriously moving in a forward direction. Not to mention the nice SS also.

Wow! That's a significant development.

8-K, Formation of a wholly owned branch in Taiwan

https://www.otcmarkets.com/filing/html?id=13551186&guid=eYzIUFPiookQCth

Finally some activity! Good 8 k.

Nice

Me too. Great 8-K.

Bought some on 8k https://www.otcmarkets.com/filing/html?id=13509494&guid=NudxUpGUJ0c1N3h

BTW... the resumes of the President and Secretary are not too impressive. :)

But I suppose we'll have to find out what it becomes.

By my math, that means that at most there can be approximately 313,000 shares in the public float.

OTCQB Certification. Moving up from Pink Current.

https://backend.otcmarkets.com/otcapi/company/financial-report/214278/content

BevNET.com: VIVIC Launches Botanical-Infused Sparkling Coffee Line

https://www.bevnet.com/news/2019/vivic-launches-botanical-infused-sparkling-coffee-line

VIVIC Launches an Original Line of Low-Sugar, Direct Trade Sparkling Coffees

https://www.prweb.com/releases/vivic_launches_an_original_line_of_low_sugar_direct_trade_sparkling_coffees/prweb16118113.htm