Triccar Inc. (OTCMKTS:TCCR) Stock Sees Sudden Sell-Off: Slumps 17%
Shares of Triccar Inc. (OTCMKTS:TCCR) ended sharply lower in the previous session.
Market Stats
On Monday, TCCR stock slumped 17.69% to $1.07 with more than 867 shares, compared to its average volume of 6.5k shares. The stock has moved within a range of $1.0700 – 1.2500 after opening trading at $1.25.
Triccar Appoints Channing F. Chen as Chief Financial Officer
Triccar, Inc. (OTCMKTS:TCCR) has officially announced the appointment of Channing F. Chen as its new Chief Financial Officer, on January 24, 2022. He will report directly to the President and CEO of the Company, Todd Michaels. His responsibilities include overseeing the financial management and structured finance, while focusing on implementing and designing company processes to assist in future growth.
Prior to that, Mr. Chen was the founder and Managing Partner of Breakaway Energy Partners, LLC, a solar finance and capital markets advisory firm where he led the financing and sale of distributed solar and energy storage projects for clients from 2017 to 2021.
Todd Michaels is thrilled at the latest development. He states that Mr. Chen’s expertise in helping to build leading startups, and also holding executive positions in publicly traded companies in the clean energy sector, will be invaluable to the company. They are looking to capitalize on the opportunity to eliminate friction between today’s legacy finance process and quality upgrades developed within their program technologies.
Mr. Chen commented that the company is in an excellent position when it comes to creating an industry-leading energy solution and financing platform for the commercial and industrial sector. He is looking forward to helping the company expand, while collaborating with Todd Michaels and the Triccar team.
