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There is a huge difference between dumping shares for personal gains and management paying for their services and growing development. It is inevitable for a fast growing start-up to manage all sorts of financing in order to develop its business. There will be debt financing in the future too, so the temporary dilution will stop, and certainly when they selling cars like they're doing right now.
Very soon they will be announcing dealerships & franchises and than the cash will be flowing in.
These current financing activities are causing dilution, but for a small fast growing company is 129mil still very reasonable. It is impossible for a start-up without profit to continue operations without funding and it is impossible to obtain loans when there is no profit. The company's survival depends on venture capital, it was the same thing for Microsoft, IBM, Apple and all others... The one which is not comfortable with this kind of system should invest in a blue chip which do not dilute it's float and which pays dividends ... but whose title is unlikely to increase by 1000% in the future...
If you sell now you do it with a loss so its better to hold and to accumelate on these dips for what the future will bring.
Take your advantage at these bottom prices and if you are a holder its not wise to shoot in your own foot, if you know what I mean...
<<<GO EVCA GO>>>
I'm not sure I know who said that but if I recall it right their was at least one person whom I call a true pumper who used that line to keep the fish biting.
I know. Your question was "Where did The original posters go here when this was tanking?"
We've had a lot of pumpers and they are doing it elsewhere now, and some longs have moved to that other forum where there is no bashing & nonsense...
Here's your answer...
http://www.evcarco.info/
Off topic, though very interesting.
For those who are bored or having a rainy sunday afternoon, look at these huge projects in progress in or by China.
Boggles the mind really...
http://www.businessinsider.com/giant-chinese-infrastructure-projects-2011-6#102-million-the-pingtang-telescope-will-be-the-worlds-largest-radio-telescope-when-completed-in-2016-1
Smart move bro, I will add too next week when some funds are cleared. The down trend won't continue for ever and this could be the bottom, and when they release the anticipated updates we are heaaded back north IMO.
Should be a very interesting 2H '11, can't wait...
Soon we will see substantial updates of the progress they've made and than they can pay for some manicure...
129mil is still not much
Those who are selling have no idea of what is going on, updates are coming and than they can chase it...
I wish I knew buddy, maybe you can ask that to some members with more insight then I have...
That call for a dollar was a joke between mehedi and I and was certainly not insider knowledge...
I never say that someone should buy or sell, its up to you to decide buddy
I know mehedi, thats why I placed a wink at the end of my message
OK, I will leave now, hold on tight, and give me call when were at a dollar will ya...
Wow, I leave the pc for an hour and BOOOOOM, whats happened?
Proof it
"win win win" go powder your nose Charlie...
Just seeing discrepancies in what people say, to bad I have a good memory eh...
PS: I'm real tired of doing all that wizz DD... LOL
While I'm bored, do you want me to collect some pumpy post from you on the EVCA Board?! (Same pattern all over again)
Are you being sarcastic or easily persuaded?
Nice "composed" article !!
Oops, long toes or short,... well... you know best eh, lol
Not so sure who is the pig... http://www.composedtrade.com/?p=40
I was only asking simple questions that easily could've been answered, instead you choose to attack me with lazyness.
I know that you rather pump (like you did on the EVCA Board) than read, and therefore I was asking those questions to some "longs".
You have some real issues dude...
The SH/structure is still low and they don't dilute every day, so next time keep this nonsense for your self...
Read the Dezer story, or go outside man, at least do something constructive!!
I am looking past what is going on now, so that would be a very rational approach instead of the short-term emotional flummery...
We'll see in a few months time who has it right eh...
Apparently not many "longs" on board to answer my questions...
"Speaking of dilution, when was the last time they issued shares, and what about convertibles?
I have a ton of paper work to flush through and simply didn't have the time to read extensively in Q's & K's, so I'll ask the longs to fill those gaps, preferably with links. TIA"
Well, set your stink bid at rock bottom, which is probably 0.0001 in your mind and I'll wave when we're at 0.1,...
We'll see how gets where first eh...
Speaking of dilution, when was the last time they issued shares and what about convertables?
I have a ton of paper work to flush through and simply didn't have the time to read extensively in Q's & K's, so I'll ask longs to fill those gaps, preferably with links. TIA
OK, will keep an eye on that.
But I'm not familiar with this expression "we are in the catbird seat"?
Nice for the future, but how much does it cost for this new acquisition and who is gonna pay for that?
Absolutely, we all want a big bone with meat on it, and I think they will throw us more than one... If not this week than certainly next week, I'm starving...
Exactly Rustler, this is the right approach, though frustrating to wait as it is, but we know that energy efficient cars etc are the future and within a couple of years it will become mainstream.
I also believe in the fact that we'll see a dime or more from now 'til years end, and who knows maybe more than that, or sooner than that...
I'm not claiming anything for next, or the following years, but with all the new developments in the green revolution I say this has the potency to go to a buck and beyond... IMHO
Wouldn't it be great if one could load up now and hold it until then... well, this could be a 100 bagger at these levels...
(SLAP) I'm getting ahead of the facts here, and lets take it one step at the time, and walk in the right direction,...
I say that this dream might become reality. (This is how I see it)
Whats going on with the flat trade? Is it halted? Didn't see any info regarding this stock....
Stock Guru initiates coverage of EVCA!!
http://stockguru.com/2011/06/08/stockguru-welcomes-evcarco-a-new-kind-of-car-company/
On other websites:
http://irir.co/2011/06/evcarco-inc-otcbb-evca-%E2%80%93-experts-in-plug-in-electric-alternative-fuel-and-pre-owned-hybrid-vehicles/
And:
http://thestockmarketwatch.com/newsletters/2011/06/08/stockguru-alert-evca-todays-up-new-profile-up-solidly-and-already-triple-the-90-day-volume-average-less-than-an-hour-into-the-trading-day/
...
http://travelersnews.info/
I like this part:
"the company hopes to have about a dozen dealerships up and running within the next year"
How great do you rate the chances (in %'s) for the commons to get something?
Can I start a mini poll while we wait...?
$EVCA Electric car entrepreneur looks to the future.
"Posted on 05. Jun, 2011 by larrybell"
Mack Sanders is CEO of Evcarco, a green dealership organization that is set to blanket the U.S. with retail establishments. Typical of the new breed of green car entrepreneurs, he is driven, focused, and dedicated. Sanders spent two decades in the industry, and sees the current economic climate as ideal for branding the green dealerships here and abroad.
Starting out slowly, the company hopes to have about a dozen dealerships up and running within the next year. One challenge he and his staff faced early on was the inherently unstable nature of micro manufacturing entities. Of the first eight that Evcarco dealt with during the planning stages, only two are still in existence. As a result, Sanders looked to some of the more established, government sponsored companies overseas. He considers China’s Foton Motor Company a good find. Foton’s MD 3000 is a natural gas truck that, in fact, looks to be Evcarco’s biggest selling item from day one.
Foton and Evcarco are a perfect match. Sanders and his team have the marketing template in place here in the U.S., while Foton boasts a nearly unlimited production capability of a popular alternative fuel vehicle. If the paradigm takes off, look for China’s Foton trucks to hit American streets in late 2011. Sander’s touts the truck’s money saving potential for businesses that use it. Compared to diesel and gasoline, natural gas trucks cost 50% less to operate, last longer, and emit almost no carbon.
Sanders thinks that the inevitable ongoing increases in world oil prices, combined with typical fuel price volatility, will be a big boost to his business. If the timing is not perfect right now, he asks, when will it be?
Evcarco is but one of many green vehicle entrepreneurs that are permanently changing the face of American automobile marketing.
http://www.myperfectautomobile.com/electric-car-entrepreneur-future/
Nice article about fast charging batteries.
(There're other very interesting pieces on that website.)
http://www.gizmag.com/3d-thin-film-batteries-recharge-in-minutes/18187/
Says enough, thanks.
Will leave it dormant like it was... No big deal...
GLTY
Its an old article but a nice read on whom to watch out for (MM's)
http://thestockwizards.net/traders/small-cap-traders-investors-beware-of-the-rat-pack-market-makers/
ISN'T THIS NOT MORE THAN JUST A SHAKE DOWN?