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added .0195 today, I have 900k now ;)
great post!
no, australian, and his group knew about the financing as well, but when the PR on it did not come out 2 weeks ago his group sold.
EVCA keeps getting better offers, so no PR or LOI or 8k just yet, but soon. Really any time is possible.
not really, seems like a sharedholer from weeks ago who was wondering about dilution.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60463725
could be the best doji Ive seen if it ends at .026 today
Thanks, we know this already. As to why people don't email jack themselves to figure it out is beyond me.
It was thought 2 weeks ago they would PR, well they are figuring out the best off, just email the company guys, even email the COO Scott O Neal scott@evcarco.com
not really, what happened is his group thought a financing PR with a LOI and 8k was coming out 2 weeks ago, when the company told him not yet they are still fielding offers, his group sold.
That sums it up, we are awaiting financing news, among other things.
I do not know how many offers they have, but it's more than 1 according to Jack in IR.
They are trying to find the best one for shareholders and the company.
Everyone here realizes that by owning EVCA stock you are buying a company who publicly plans to open 4 brand new dealerships selling mainly hybrids and some EV as well as CNG to citie/states?
So long as this is the case, then you must also know they play to sell 15 new EV and 125 hybrids/quarter. That's a minimum of $10M a year as a run rate later this year, of course, they will expand to 13 dealerships after 2011.
Their stated plan puts this at $20-30M net worth right now, forget about if they add anythin more.
Yup, they need financing, but its confirmed they have offers, they just are sorting through right now, they have not signed any letters of intent yet. Just ask them please, and read up.
Wait, EVCA publicly says they want to sell 15 New EV and 125 hybrids/quarter which is roughly $2.5M just from that or at least $10M in rev and you say whoop de doo? Add in the new CNG line and its maybe $3M/quarter in rev, $12M/year run rate later this year, if profit is only 10% that's 1.2M/year run rate use PE 20 get net worth $24M, and this is just from what we know and happening within 6-12 months? Do you realize that this should be trading up to $20M market cap at least right now.
The financing is real. The NDA's are real. We don't know how much financing, obviously, its enough to cover 4 dealerships, not 13.
What do you have to say about selling 125 hybrids/quarter? They go for about 20K/car. Also, EVCA publicly has said that they don't plan to sell a lot of EV for many years, its mainly going to be hybrids until EV takes off. And if EV does not take off, then they will be a superstore for every tybe of hybrid, which now includes toyotas to porsche. Plus they will be servicing hybrids, unlike Carmax, which does not service any type of car they sell.
Are you kidding me man? Do you even know where I got the 125 hybrids/quarter from?
i know, whoops...this slide is about over as the truth is coming out
No no no, the DD is that they are asking for $100M, nobody ever said they are getting that LOL. They cannot get $100M right now LOL, that would be way too much.
They need enough to build 4 dealerships this year. Maybe $10=15M in financing is on its way IMO. Where did you get that $100M was coming?
EVCA has confirmed offers for financing, not letters of intent yet.
because after the non disclosure was signed they stopped posting the information they had on this board. This made it appear to be a pump and dump. Yet, Fringe_remnant posted a Foton PR was coming on Feb 14th, and on Feb 15th it came out. Fringe then said they have multiple offers for financing on the table, and many of us have emailed Jack and he says its true.
Fringe also said EVCA is testing BYD cars to put on its lots, and also working with Magna International to outfit the new Fotons.
At that point in time EVCA gagged him, he new too much, and so did Hdogtx.
The reality is, they have financing offers, no letter of intents yet. They will open 4 dealerships this year as publicly stated.
Please refer to my post a few minutes ago that shows an email from last week. Harry=Hdogtx is part of the NDA. Please email Scott. If you have done so, please let us know what you find. Otherwise your posts are just assuptions. You'll notice funding, no dilution, no insider selling within this one email chain, email jack too for more info.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60496536
no problem
Please check the DD that has been done for you. EVCA plans to build and own the first 13 dealerships that are on their website. They will be flagship dealerships. They will then franchise after that.
4 of the dealerships come now, 9 after 2011. If you own EVCA stock, you will own part of the 4 new dealerships this year, comes to roughly $30M net worth at the moment. How do I get $30M? Again, DD. They plan to sell 125 used hybrids and 15 new EV per quarter, roughly $2.5M/quarter or so in sales, add CNG from Foton, likly $3M/quarter or $12M/year run rate later this year, 10% net assume, $1.2M profit, use PE 20, value $24M, somewhere in there.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60277665
ATTN ALL:
I think less than 2% of you have actually talked to Jack or Scott at EVCA. The NDA=real. The conference=real but they didn't want to go. Funding offers=real but waiting on a letter of intent who knows when. EVCA plans to build 4 dealerships within 12 months. EVCA plans to sell mainly used hybrids for years, until EV takes off. If EV does not take off, they will be a superstore for used hybrids.
By the way the used car market is 40M/year whereas the new market is 10M/year. Hybrids are 3.3% of the market, or 1.5M used sold per year, at around 20K per car, its roughly a 30B dollar biz.
Did you know, used cars sales in the U.S. is the largest consumer segment in the world, valued at $340B annually.
You realize they ultimately did not need to go to the conference, but that the confernce DD is real don't you?
Wait, you realize there is a conference, and EVCA was considering it, but decided not go don't you? There would not be a PR on attending the conference even if they did go, so whoever expected that is not thinking. Also, EVCA has confirmed financing offers, the next step is a letter of intent. Have you talked to Jack or Scott, or are you assuming everything you have just written.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60471787
I guess you haven't read this chain yet????
From: Jack Eversull <jack@theeversullgroup.com>
Subject: Fw: EVCA
Date: February 22, 2011 5:43:27 PM T
To: XXXXX XXXXX <XXXXXXXXX@XXXXXl.com>
Separate funding for EVCA..to be announced.
Oh Oh......
and their is no dilution.......
From: Scott ONeal
To: Jack Eversull
Sent: Tuesday, February 22, 2011 3:51 PM
Subject: Re: Fw: EVCA (Insiders/Director/Officers)
FYI Jack,
This is ridiculous, I've never had this many people email or contact us! (I think this is 1 group - Jeff or Harry's group maybe?)
NONE of the insiders/officers/directors have free trading shares to sell.
If we did we have to report in to the SEC on Form 4.
If any of us did register the percent per allowed Per Qtr. then everyone would get notified that the shares are being registered shares. Just sharing letting you know.
Scott O'Neal
Chief Operating Officer
EVCARCO INC.
OTCQB: EVCA
1.877.693.8227 Office
1.817.896.3300 Direct
1.817.595.0755 fax
www.evcarco.com
lol sure thing
I feel bad for those who sold for a loss, the reality is coming out now, this is a 30m stock imo with what we know, forget what's new coming
Well they r not going to the conference
They have a dealership and inventory. Right now the have ably 300k in cars for sale, its in the 10q
Ask Scott about this. Scott was surprised at how many contacted him after the non disclose quieted fringe and hdog. Evca had 550000 reads on ihub in 24 hours then.
From: Jack Eversull <jack@theeversullgroup.com>
Subject: Fw: EVCA
Date: February 22, 2011 5:43:27 PM T
To: XXXXX XXXXX <XXXXXXXXX@XXXXXl.com>
Separate funding for EVCA..to be announced.
Oh Oh......
and their is no dilution.......
From: Scott ONeal
To: Jack Eversull
Sent: Tuesday, February 22, 2011 3:51 PM
Subject: Re: Fw: EVCA (Insiders/Director/Officers)
FYI Jack,
This is ridiculous, I've never had this many people email or contact us! (I think this is 1 group - Jeff or Harry's group maybe?)
NONE of the insiders/officers/directors have free trading shares to sell.
If we did we have to report in to the SEC on Form 4.
If any of us did register the percent per allowed Per Qtr. then everyone would get notified that the shares are being registered shares. Just sharing letting you know.
Scott O'Neal
Chief Operating Officer
EVCARCO INC.
OTCQB: EVCA
1.877.693.8227 Office
1.817.896.3300 Direct
1.817.595.0755 fax
www.evcarco.com
72m float 25m
We all just wish u had provided more info on ur non disclosure before now, but I respect the massive work u did uncovering the potential here. Trust me, I've talked to jack and Scott as u told us after u signed tn disclosure, I can add that Scott says franchise revenue is 5 years out, but their 13 flagship dealerships are where they are going to spend the money they receive first. 4 within a year. He also said hybrids will be the main revenue for a few years. A superstore is their vision, one with service for hybrids electric and cng. Carmax does not offer service on any car, evca will service the entire segment.
This info is a compilation of a10s findings mixed with fringes. The conference appears to have been a consideration by evca, but in the end not worth it. The Loi and 8k was expected by a10 2 weeks ago, but as jack has said they are still fielding offers so a10 appears to have been right and wrong all in one.
Got it, I personally asked jack to confirm the conference last week and he said no, but he also refused to confirm 100% like he did to u today, imo they were thinking of going but retracted. Regarding fringe his research appears solid but he may have used it to his and friends benefit to pump and dump. Everything jack has said has come true, including telling me 4 dealerships coming in an email to me last Friday which the CEO affirmed yesterday. Jack has said financing is on its way, but all he says offers on the table will be final soon, no date given.
Excellent work composed, this leaves fringes due diligence in place. As to how the bin disclosure came about it is obvious he knew too much
So they were going but retracted?
EVCA ready to explode on fact ladies and gentlemen, added 10k at .024, 810K total for me now :)
Email Jack in IR with any ? you may have, this, is ABSOLUTELY oversold and just capitulated.
Buy like crazy IMO
i totally agree, lost in translation is EVCA's plans and what it means to the price of EVCA stock. This is a tiny O/S tiny float stock in a company that plans to do major things, of which in just the next 12 months ought to bring $30M net worth to the company at least.
The key is financing, we all know that, but IR has stated they are working on multiple offers, of which I've personally confirmed with EVCA.
IR told me they were going to open 4 dealerships within 12 months, well guess what, just yesterday the CEO went on record in that interview saying 4 dealerships within 12 months.
If you guys need info email Jack Eversull.
Financing is on the way, which is going to bring a minimum of $30M net worth to the stock.
What, are you waiting for the news to buy? Or are you selling at a loss because you are impatient. If you are impatient, email Jack and ask everything you need to know.
I've got 800k now here :) Off to the mountain again, skiing Mammoth in the Sierras, I've got DD coming tonight or tomorrow AM.
EVCA FACTS
1) Plan to open 4 new dealerships within 12 months
2) Plan to sell 125 used hybrids and 15 new EV per quarter (roughly $2.5M/quarter using 17K pricetage for used hybrids and 30k for new EV)
3) Has publicly stated that used hybrids will dominate their sales for several years while EV becomes more established in the country. If EV never takes off, they will still be a superstore for all used hybrids, and be selling CNG to cities/states and businesses who want to cut the cost of fuel by 50%
4) Plans to open 13 dealerships that EVCA will own, these will be the flagship dealerships
5) After establishing 13 flashship dealerships, off franchises around the country
6) They are working on financing to get the first 4 dealerships built ASAP
EVCA Speculation
When the financing is settled and they open the 4 dealerships they are looking at up to $3M/quarter in revenue or $12M/year. Use 10% net profit or $1.2M, use PE 20, get net worth of $24M at least, and that is right now as we are looking forward 6-12 months, of which we know they plan to do this.
what everyone here needs to realize is that EVCA is going to become a superstore for used hybrids before it sells a lot of EV.
This was told directly to us via email from the COO Scott O Neal about 2 weeks ago.
According to EVCA, they plan to sell about 125 hybrids/quarter and 15 EV/quarter once they roll out their dealerships, which stands at 4 within 12 months.
On Carmax.com's website the average used hybrid is selling for 17K. That alone is ove $2M/quarter in sales, add EV, also now add what CNG they sell to cities/states per quarter.
IMO they are looking at a run rate of $3M/quarter rev in the foreseeable furture, or $12M/year. Figure 10% net profit, that's $1.2M, use PE 20 or more for high growth as they roll out up to 13 dealerships, ad you are looking at $30M net worth looking forward here.
I've come up with $30M many different times and ways with EVCA.
used vehicle sales in the U.S. are about 44M/year.
http://en.wikipedia.org/wiki/Used_car
will work with this tomorrow in terms of potential, but hybrid sales are roughly 3.3% of the market, so this will become roughly 1.5M used hybrids/year soon as they begin to hit the market.
1.5M used hybrids, at say an average of 17K/car will be a $25.5B biz/year soon. What portion will EVCA have? This will only be a portion of EVCA's biz too, as they will be selling new EV and new CNG.
In several years yeah...
EVCA To Build 4 Dealerships
News and info is starting to trickle out, check the compiled DD. EVCA is a $30M stock.
http://pressitt.com/smnr/Green-Car-News-QA-with-CEO-of-Electric-Car-Dealership-Company-EVCARCO-OTCBBEVCA/3687/
EVCA To Build 4 Dealerships
News and info is starting to trickle out, check the compiled DD. EVCA is a $30M stock.
http://pressitt.com/smnr/Green-Car-News-QA-with-CEO-of-Electric-Car-Dealership-Company-EVCARCO-OTCBBEVCA/3687/
the CEO is right....we'll just have to see how many think that.
The only way small manufacturers are going to be successful building Electric Cars is to use the "EVCARCO" approach of branding a major franchise presentation to the general buying public. This will need to include all the selection, service, financing and advertising that they have come to respect in the market place. EVCARCO is a win-win pick for any investor, the only direction the alternative vehicle market can go is up. This is an opportunity to get onboard with a publicly traded company that has put in the investment and work to not only take this company public but also trademark a brand and obtain franchise licensing for nearly every State in the Union. EVCARCO is in a perfect position for EVERY Investor and the more investors that get involved, the more successful this "ambitious plan" will be!
Whats an EVCARCO Dealership Worth?
About $2.4M per, we now know of 4 planned in the next 12 months.
Quite simply, hybrids make up roughly 3.2% of auto sales in the U.S. With Carmax selling all types of used cars, an EVCARCO dealership should be worth roughly 3.2% of a Carmax dealership. With EVCARCO planning on building 13 dealerships to begin with, factor in negative speculation that they have to finance and build first, then factor in hybrid sales will grow faster than gasoline car sales in the coming years which is a postitive, I'll use the very same 21 PE given to Carmax to figure EVCARCO's net worth. The breakdown is below:
Carmax Market Cap $7.7B
Carmax Stores 103
Carmax Net Worth/Store $74.8M
Carmax Sells All Types of Used Cars
Carmax PE 21
http://finance.yahoo.com/q?s=kmx&ql=1
EVCARCO Market Cap $31.0M
EVCARCO Planned Stores 13
EVCARCO Net Worth/Store $2.4M
EVCARCO Sells Used Hybrids
EVCARCO PE 21
http://www.greencarcongress.com/2009/12/edmunds-20091213.html
Folks, it doesn't get any more simple than this. With EVCARCO selling some new EV, that is just the icing on the cake for now. Use $31M as guidance, and track the O/S, and figure your PPS, period.
COMMENTS/QUESTIONS/CONCERNS?