OTC Bulletin Board

S & P Company Insight for VISION INDUSTRIES

Business Summary: Vision Industries Corp. intends to market zero-emission vehicles. The company's products will include the Cheetah, a high performance hydrogen powered Supercar, and the Tyrano Freightliner, a short haul drayage class 8 truck.
  2601 Ocean Park Blvd., Suite 110
  Santa Monica , CA 90405
  Phone: 310-454-5658
  Website: http://www.visionmotorcorp.com
  Randall N. Drake, CPA, PA
Transfer Agent
  Island Stock Transfer
Employees:  8
ShareHolders:  207
Founded:  2004
Domicile:  Florida

Vision Industries Corp. intends to market zero-emission vehicles. The company's products will include the Cheetah, a high performance hydrogen powered Supercar, and the Tyrano Freightliner, a high power short haul drayage class 8 truck for sale to both the end-user consumer market as well as to the original equipment manufacturers dealer networks. According to Vision, both of these vehicles will feature superior performance, zero emissions and reduced operating costs. The company intends to assemble and market the Cheetah, a 425 HP, 1,350 FT/LB of torque, zero emission Supercar powered by the proprietary Vision hydrogen drive system. This hydrogen/electric hybrid drive system reduces dependence on gasoline, and eliminates pollution associated with burning fossil fuels. The company also intends to manufacture, market and distribute an electric/hydrogen hybrid powered class 8 truck assembled on behalf of Vision by L. A. Freightliner. These trucks are designed to replace short haul class 8 (80,000 lb. GVW) diesel trucks that operate in and around the Ports of Long Beach and Los Angeles. The trucks will be powered by a proprietary 402 HP, 3,200 FT/LB of torque, zero emission hydrogen/electric drive system. The company classifies its business operations into two reportable segments, Cheetah and Tyrano, which represent complementary businesses that will be managed jointly. The manufacture and assembly will be outsourced with the company's main function to remain as an engineering company.
History:  INCORPORATED in Florida May 11, 2004, as Cheetah Consulting, Inc.; name changed to Vision Industries Corp. Dec. 30, 2008.


 Martin  SchuermannPresident, Secretary, Treasurer, Chief Financial Officer & Chief Executive Officer

 Martin  Schuermann
 Annual Report

Annual Report
Income Statement
Consulting revs.-90
Cost & exps.2,96099
Depr. & amort.15815
Other income (expense):
Gain on sale of stock-237
Gain on sale of fixed assets1-
Interest income-167
Income tax expense(1)-
Interest expense(172)3
Loss on assignment of fixed assets(18)-
Loss on foreign currency translation (1)-
Net income(3,309)(26)
Share earns. basic(0.09)Nil
Share earns. diluted(0.09)Nil
Balance Sheet
Cash & equiv.671
Accounts receivable13--
Tot. curr. assets801
Net property655239
Intangible assets, net480514
Note receivable5-
Security deposits20-
Total assets1,240754
Notes payable216260
Accts. pay. & accruals5996
Tot. curr. liabs.815266
Notes pay.-27
Com. stk. p.$0.00013729
Paid-in cap.3,817448
Deferred compensation(129)(25)
Retained earns.(3,300)9
Total stockholders' equity425461
Total liabs.1,240754
Common Shares (Thou.) 29,505
 Interim Report

Interim Report   
Data Not Available
 Pro Forma Report

Pro Forma Report   
Data Not Available
 Quarterly Report

Quarterly Report Information   
Quarterly Revenue, US$
  2009   2Nil
  2009   3Nil
  2008   290,000
  2008   Full Year 90,000
  2007   150,000
  2007   240,000
  2007   310,000
  2007   440,000
  2007   Full Year 140,000
  2006   Full Year 60,000
Quarterly Net Income, US$
  2010   1Nil
  2009   2Nil
  2009   3Nil
  2009   4Nil
  2009   Full Year (3,310,000)
  2008   Full Year (20,000)
  2007   Full Year 40,000
Quarterly EPS, US$
  2010   1(.04)
  2009   1(.04)
  2009   2(.03)
  2009   3(.03)
  2009   4(.02)
  2009   Full Year (.09)
  2008   1Nil
  2008   2Nil
  2008   3(.01)
  2008   4Nil
  2008   Full Year Nil
  2007   1.01
  2007   2.01
  2007   3Nil
  2007   4Nil
  2007   Full Year .01
  2006   Full Year Nil
 Stock Data

Capitalization as of 03/31/2010:
 Authorized SharesOutstanding Shares
Common $0.001 par500,000,00039,895,591
Common $0.001 par
Stockholders:  12/31/2009, 207.
PRINCIPAL STOCKHOLDERS: December 31, 2009, Lawrence Weisdorn owned or controlled about 45% of the Common, and Donald Hejmanowski 22%.
Transfer Agent:  Island Stock Transfer   St. Petersburg , FL
OTC Bulletin Board( Primary): VIIC
OTC Bulletin Board20093.65000.1800
RECENT DIVIDENDS: Common $0.001 par: No cash.