Grande West Transportation CEO William Trainer (BUS) (BUSXF) (6GL) – RICH TV LIVE – January 13, 2021 – #bus #busxf #richtvlive – Grande West Transportation Group Inc. (TSXV:BUS)(OTCQX:BUSXF)(FRA:6LG) (“Grande West” or the “Company”), a Canadian manufacturer of mid-sized multi-purpose transit vehicles for sale in Canada and the United States, is reporting on the current deliveries in the fourth quarter of 2020 and early first quarter of 2021.
There we go hello william hello william hey hello there how are you today i’m great how are you doing i’m doing fantastic it’s exciting to have you on the show well thank you i’m excited to be here and we’re already live i don’t know if you’re aware no no yeah we’re live um i wanted to have an ar an audience we have 78 people watching right now oh spectacular
Thank you so uh super excited to have you on the show congratulations on all your success recently by the way thanks and i’ve had so many questions from members that are already shareholders of grand west transportation and i want to ask you some of those questions because this is going to be an interactive interview if that’s okay oh perfect yeah uh but before
I do that i actually had some of my own questions that i wanted to ask based on everything that you’ve been doing over the last few months and then i want to go through some of the questions from the audience is that okay that’s perfect thanks perfect okay william so we’ll just get started can you tell us a little bit about grand west transportation group inc
And how you got involved sure well it started back in 2008 uh bc transit and some of the other transit authorities in canada were looking for a mid-sized vehicle that didn’t exist in the market so we entered into a strategic partnership to design and manufacture the mid-size vicinity buses primarily here for the province of british columbia wow and how long so
You’ve been involved since 2008 and we’re now in 2021 so you’ve been involved for 13 years and just now it’s really taken off and is that would you say that’s because of the electric vehicle boom and angle that you guys are taking now would you say that that’s one of the major reasons well yes right now yeah there is a major focus on the electric vehicles and
You know we think when they walk through it you know we think we’ve brought a very competitive uh well-priced superior product to market fantastic now what are the three main focuses for grand west transportation group in the first quarter of 2021 well our main focus is deliver buses um you know we’ve put out some some current updates uh we have over 100 buses
That’s over really 50 million dollars to deliver within the next couple of quarters so our focus is deliver buses get our ev model in market our ev and focus on our us expansion we’ve recently put out some news releases that were opening up a us headquarters down in washington state washington is very close to our to our langley operation here is within about a
30 minute drive it’s very close to the bellingham airport and really to be successful in the us you need to have a presence there so that’s why we’re opening up our headquarters and our manufacturing facility uh in the state of washington i think that’s a great idea super bullish on grand west transportation inc and our entire community has been just loving bus
And riding the bus and excited having fun with bus but actually a very fun symbol uh just so you know it’s a very fun symbol and everybody’s like i’m hopping on the bus rich and i’m hopping on the bus and people are really having fun with it and i don’t know if that gives you some ideas for advertising but i think you guys could be really creative with it almost
Certainly yeah you can be really creative with it i think it’s a really genius symbol and a lot of times that that makes a big difference we’ve seen that in other sectors having a really really smart symbol can make a big difference for just people finding your stock and grand west transportation group inc recently announced is a huge news and you mentioned it that
You have over 40 million in orders to deliver before the second half of 2021 can you tell us how this order is coming along and what it means for grand west transportation group well if you were to come out to our langley operation you see the yard is just plugged full of buses uh we’re delivering about seven to ten buses a week right now wow so q you know q1
And q2 through uh q1 through to q2 will be the best quarters the company’s ever had and you know these units are very profitable for us they generate some very good positive cash flow and it puts us into uh what i’d consider to be the best financial position the company is going to be in by the end of these deliveries incredible exciting times for our investors
113 people watching if you guys like this video please smash the like button comment down below share the video everywhere remember rich tv live is strictly for education and entertainment purposes we are not financial advisors if you would like to invest in bus speak to a financial advisor chances are financial advisor will say to you where’d you find this it’s
A really good pick i know because i hear it every day it’s a great pick 115 people watching because there are people excited about this company now who would you say our grand west transportation group’s main competitors and what sets you apart from them well it you know we’ve always concentrated being in a niche market in the mid-sized bus market and delivering
A superior product you know we really don’t focus on the competition we build and price our bus to be competitive uh and maintain uh you know a healthy a healthy margin uh we have over 90 percent market share on the canadian side in the mid-sized bus market that we compete in and now we’re focused on the us and bringing that same success into the into the
U.s market as well that’s huge i like that and the u.s market is such a huge market for a canadian company to grow in america it’s 10x it’s just a 10x opportunity 10 times the population 10 times the revenue potential super exciting when i found out that you were a canadian company that was focusing on the u.s market i was super excited because i just saw the
Potential we’ve seen what’s happened with tesla right we’ve seen what’s happened with neo we’ve seen what’s happened with electric vehicle deal after electric vehicle deal in the american market and i’m going to ask you some questions about you know potentially uplifting in the future because that’s one of the questions that everybody’s asking i’m going to go
Through a few more questions but i’m excited about your guys future and the future of potentially getting on an american listing but before that i want to ask you a few more questions so one of the keys to our success in our community is finding companies with really tight floats really good share structures companies that are not dilutive and selling stock
Consistently to survive but instead are raising money to thrive this is a key to our success as a community can you explain a little bit about your share structure and maybe how many shares are held by insiders management institutions sure no thanks uh we have approximately 95 million shares outstanding if we were fully diluted out and approximately 30 percent
Of that is insider uh founder controlled the main founders of the organization still control a great percentage of the shares i’m one of the large shareholders as well uh you know you can check my record i’m not a i’m not a seller of stock i’m an accumulator of it and uh we’re uh we’re currently we’re more focused on bringing institutional value into the into the
Into the stock um you know you uh you mentioned about uh uh up listing to the nasdaq yeah we’ve currently engaged a company to help us uplift on to the nasdaq and we look at it that you know our focus right now ninety percent of our sales are in canada and ten percent of the us we got to flip that around so with our focus being on the u.s market we want to make it
Very easy for the u.s institutional u.s shareholders to purchase our stock and that’s why we’re up listing on to the uh onto the nasdaq we should be on the nasdaq within four to six months whoo that’s big news guys four to six months on the nasdaq wow unbelievable and guys we are early to the party um super excited right now and like everything that i look for in
A deal in a company and our community looks for in a company you guys have and i want to learn a little bit more about your management who are the key members that you can talk about in your management when we look for good companies we look for tight share structures hot sectors hot stocks companies that are low that we can get in early before they explode you
Guys are hitting every single one of those key factors let’s talk about the management team obviously we’ve we’ve talked a little bit about you how about the rest of your team anyone else you want to mention from your team that is making a huge impact in the company well yeah you got to start with operations operations have to run extremely smooth uh we within
The last year elevated up a fellow by the name of jonathan lesselwich uh he come from coast mountain translink as our um as our ceo and i i’d have to say you know operations are running like a swiss clock now they’re very smooth you need to have operations running smooth for the growth we have an extremely talented uh cfo dan buckle who’s uh international uh
Understands the international market and the cross-border uh u.s canadian marketplace um and then just the whole team like i we have an amazing team around us even our board of directors uh we’ve got uh uh you know name a few of them joel miller from the construction group we have a fellow by name uh andrew amasse andrew come from the bus industry he was ceo and
Group president of uh el dorado bus in the u.s uh grew it up to half a billion dollars in sales before he retired so we have some very talented people around us to to help us uh with our growth very good and that’s key now if there was one thing you would want shareholders to know about grand west transportation inc what would it be well i think i’ve touched on
It you know we we are well positioned for growth we’re uplifting into the us we’re focused on our on our u.s expansion um you’ll see some new some more news releases coming out about how we’re actually putting our uh us marketing together and who we’re using and how we’re doing that you know the ev market is really uh going to be a big explosion for us we need
To focus more on that california market uh the new arrangements that we have and i can’t speak of them right now because we haven’t uh currently uh news released them but uh we’re looking at some extremely talented uh groups to help us market this product and and get it out there and get it to get the sales up to where we want to be you know 2021 is just going to
Be a fabulous fabulous year for bus and we welcome everybody to come and take a look at us now you guys you said 90 of your businesses in canada 10 is the united states a lot of our investors are from all over the world we’ve got over 90 countries that watch rich tv live is there a chance that you will grow internationally into other markets is a question a lot
Of our communities asking well you know it’s it’s a possibility it’s not our focus right now but definitely uh you know the european market uh would be something in the future but it like i say it’s not our focus right now our focus is to over the next little while is to get the us up to the level that we need to and then then we’ll look at other opportunities
That come up you guys have really grown over the last couple weeks is there anything different that’s happened in the company i know you guys did a couple uh conferences online conferences would you say that that’s really helped create a lot more exposure for the company or is there any institutions that are starting to come in because like i’m watching the
Stock explode every day with buying it’s crazy like yesterday was the biggest uh volume day i’ve ever seen from us yeah i i’m you know i can’t say with certainty but i’m pretty sure that we have some institutionals that are starting to take uh take some positions in this now uh in the in the united states when you look at the the trading just look at how much
Trading is actually going on through the uh through the us markets uh uh that that’s where we see the the big impact right now um and again you know that that’s our focus going forward very good well you’re doing a fantastic job what is the best way for shareholders to get in touch with you or the company if they’d like to invest or they’re interested in doing
Some type of a partnership what would be the best way for them to reach you william well you know we’re very uh accessible you go on and look at grandwest.com all of our contact information’s there or you know particularly for you know investor relation um calls or information it’s it’s ir grandwest.com for uh for investor relations but uh we’re all accessible
I’m very accessible very good now another one of the companies that we actually really love is control energy and the bio cloud yes you guys partnered with control energy and the bio cloud what is your plan with them are you planning to have them in every single bus because i think it’s a brilliant move it literally separates you from all the other buses in the
World it’s genius yeah we’re looking at uh um putting in our our product offering as an option on our product and actually offering it to the other transit authorities particularly across canada to start off with here uh and get that in it it make it makes perfect sense yeah i love that i thought that was such a great partnership uh two canadian companies that
Are that are growing and partnering together i thought it was fantastic it was absolutely fabulous i’m super proud of everything that you guys have done as a canadian company super excited to have you on the show is there anything you want to leave the listeners and the investors and the fans that are watching we have 159 people watching right now i’ve pretty
Much exhausted all my questions anything else you want to leave the audience with before we say goodbye because i know you’re really busy man yeah no we’re excited just watch our news releases we have a lot of um should see a lot more news releases coming out in the in the near future here and uh we’re just focused and we appreciate everybody taking a look at
Us william thank you so much for your time today continue on your efforts of growing this to become a huge electric vehicle play it’s well on the way congratulations on all your success and we’ll be watching very closely here at rich tv live with our entire community great well thank you very much for having me on today thank you so much we hope to have you on
Again soon keep up the great work if you ever have any big news or breaking news and you like to break it love to invite you back on our show great thanks we will okay cube of the great work william traynor the ceo of grand west transportation symbol bus in canada bus bus xf in america 6lg in frankfurt germany if you’re not winning you’re not watching we bring
You the winners and we bring them to you first told you guys bus would be a big winner and in my opinion it’s just getting started thank you william have a great day thank you for watching everybody have a great day we’ll see you guys soon
Transcribed from video
Grande West Transportation CEO William Trainer (BUS) (BUSXF) (6LG) By RICH TV LIVEliveBroadcastDetails{isLiveNowfalsestartTimestamp2021-01-13T164016+0000endTimestamp2021-01-13T171408+0000}
