Electric Car Company, Inc. (ELCR)

[Carsmax177]

Bear in mind with this stock, one of the last 8Ks that was submitted to OTC was that the authorized shares were increased to 75,000,000,000.

Link to 8K here: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7868623

OTC’s last updated share count is 6,815,829,982 from October 16, 2010. Between then and now, they could have issued shares.

Link here to OTC company information: http://www.otcmarkets.com/stock/ELCR/profile

I am not sure what to make of the volume. IMO, it is odd because this stock has not had volume for days or weeks on end then volume shows up. I am taking a wait and see approach on this one. The volume is definitely something to watch though. As you said, someone does not just throw $1,500 at a no bid stock.

The person that mentioned the company is buying back shares, do they have any proof of that?