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very nice, another EVCA official now saying 4 dealerships planned within 12 months. all the DD continues to check out.
EVCA also appears to be talking to 3 more EV suppliers, one of which we know is BYD.
All in all I personally like the idea of EVCARCO as a superstore for all of these vehichles, that way they will be hedged.
1) New EV
2) Used hybrids
3) Commercial CNG light trucks to cities/states and buisinesses who want to save money on gas
It's not going to be hard for them to not only get financing, but attractive financing. From what I know they are working on getting as much debt financing as possible opposed to equity, they want to keep the O/S in check.
Note, they cancelled 13M shares last summer when they fired the last CEO!
low volume consolidation, nothing more.
lots of news pending, write Jack...could be any time.
Off to the mountain..skiing Mammoth in CA today bluebird skies.
700k total here for me now :)
10 bagger from here
no worries....float is locked, obviously
The new FRANCHISE tab is EVCA preparing their website for a presentation on Wed at the investors conference.
At that conference they are looking to get even more and better financing offers from what I'm told. $100B in capital will be there.
Check the DD from Fringe at the top.
The Foton contract is the catylyst here, there is a lot of money to be made with Foton and outfitting the trucks for government and city use as well as many other companies who want to save on fuel costs.
As has been done in the DD, EVCA is talking to Magna to do the outfits, Magna is a multi-billion dollars biz on the NYSE.
The thing here is we are finding things out on the back end...in other words, they've got a lot of things accomplished, but are rolling out the plan publicly as they choose.
With 4/13 dealerships coming right now expect a massive PPS rise.
There has to be a lot of news relating to that on the way.
Regarding the 4 new dealerships
My personal email with Jack Eversull last Friday was obviously just a hint, as IR is not allowed to give out specifics. But, 4 new dealerships within 12 months is a sign of a monster move IMO. This matches up with the sticked DD by Fringe. PR is pending in another email to me from Jack, I don't know what it's about...
2/25/11
Hide details Jack Eversull Jack Eversulljack@theeversullgroup.com
Send email
Find email Add to contactsTo xxxx
From: Jack Eversull (jack@theeversullgroup.com)
Sent: Fri 2/25/11 2:43 PM
To: xxxx (xxx@hotmail.com)
I think the goal is to have four in the next 12 months. Probably selected by caliber of candidate and location
----- Original Message -----
From: xxxx
To: jack@theeversullgroup.com
Sent: Friday, February 25, 2011 1:28 PM
Subject: Dealership Locations
Hey Jack, I hope all is well. Was wondering what info you have on how EVCA selected the cities for its 13 "coming soon" dealerships? Is it based on those states/cities giving better incentives for EV/hybrids? What's the deal?
xxxx
News is due here....won't be long, .03's are a steal, added a bit today to my stash.
http://www.evcarco.com changed a bit over the weekend, the FRANCHISE tab is new.
the market cap is way too low here, at roughly $2.5M right now. for a company with "13 coming soon" dealerships, of which IR says the plan is for build-out of 4 this year and financing news coming down the pipeline should be much higher.
$30M market cap is still my target here short term as EVCA is working on major dealings.
The idea of creating superstores for used hybrids and pairing that with new EV's and CNG vehicles which both people and governments can buy with incentives is a great biz plan.
The key is going to be how will EVCARCO be able to secure the majority of the used hybrids on the market so they can put them on their lots.
Even Carmax right now only has about 100 used hybrids in their entire inventory nationwide.
Of course, with roughly 1M hybrids going on the roads each year now there will start to be a much larger inventory for EVCA to pull from.
I don't have all of the info, but something big is going down right now with EVCA and we've only seen some of the prelude of this.
EVCA went from .01 to .11 with ease. With the recent drop to .024, breaking .11 should be much easier short term.
Target 2 is .20 on this stock now as it keeps getting buzz and they make moves. Check the chart in the IBOX, target 2 is on the weekly. If it doesn't happen this week, certainly in March or within the next 3-4 weeks.
There are a lot of us who dropped 20-100 grand or more into this, and the float is gone.
They want up to $100M, so they will have to weigh all offers carefully...this has been the delay.
News not even needed here, it's a $30M company with what it has as a biz model and plans...and that's before they build the stores.
you'll see a lot less MM shorting of OTCBB and .pk stocks.
For example here on EVCA, you can see how the MM's have switched to a long position here. The ask is fractured, the bids are stacked.
MM's won't be able to gamble on going short much anymore.
naw....you can't deny that 3% of America wants alt energy vehicles, and that number is growing.
If a company can capture 3% of any 1 business in the country, that is a lot of money. Add in what the gov't buys and its more.
In 2012 there will be more alt energy car sales then in 2011, and so on....
saw the new rules for OTC coming, should be gold for us all
guessing you aren't to keen to the idea that its the first of its kind....a coast to coast chain of alt energy cars, fully hedged selling to the government, used hybrids to consumers, and new EV to company fleets and consumers.
chicken and donuts had been done before.
Hey nascow, do you own stock here just curious whats up?
good thing I'm in before I just got this EMAIL
Carmax only started with 1 dealership for several years, EVCARCO looks 4x as aggresive and wants them all up soon, maybe build 1 per quarter...wow! I think this is what Fringe had in his DD, he said 4-month aggressive build out, likely he meant EVCARCO is going to build 4 in the first year here...
I think the goal is to have four in the next 12 months. Probably selected by caliber of candidate and location
----- Original Message -----
From: xxxx
To: jack@theeversullgroup.com
Sent: Friday, February 25, 2011 1:28 PM
Subject: Dealership Locations
Hey Jack, I hope all is well. Was wondering what info you have on how EVCA selected the cities for its 13 "coming soon" dealerships? Is it based on those states/cities giving better incentives for EV/hybrids? What's the deal?
xxxx
let me get this straight...
EVCA that we know of will have
1) Foton trucks outfitted for trash collection, street sweepers etc for cities and states to sell too
2) New EV vehicles all with 7500 off from the government through 2015
3) It'll be a superstore for every type of used hybrid from the Toyota Prius to the Mercedes hybrids (best part IMO)
4) Is actively working on financing which companies with crappy biz plans get 10s of millions all of the time, but this has a good biz plan, so it'll get financed
4) There are currently 0 national chains of alt energy dealers, so this will be the first.
and its market cap is $2.7M today, wtf? I feel like Buffet finding this one. Why isn't this at least $10 or $20M right now, it barely trades, the float is null and void and the O/S is tiny
I just got in this week....this needs no news to reset to PPS .20 or market cap 15M. From there, yeah, it'll need news. No clue why its at 3 cents
looking for comments
Whats EVCARCO worth? Likely $31M
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?
Whats EVCARCO worth? Likely $31M 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?
Yes Harvard, ZAAP has a $150M market cap, and only 4M/year in sales at a loss of 8M/year LOL. They are trying to produce EV's that will sell.
EVCARCO is a much safer bet, hedging itself by selling used hybrids and new EV. If EV gets hot, good, if EV does not get hot, hybrids will dominate. And EVCA is hedged becuase they will own the first 13 dealerships and then franchise after that.
Why this is not near .50 at the moment I do not know.
Massive money is coming in...
ZAPP 149M O/S PPS 1.10...
And I agree with you, but this is why EVCARCO has selected Earth People Sustainability Consulting to help with its dealerships. A lot of the build outs will likely go through them. The dealerships are going to be solar powered, have wind turbines, and over all be eco friendly.
Earth People is helping others to go green and save green like JCPenny and Fortune Magazine, and EVCARCO
http://www.earthpeopleco.com/client_recognition
The way this has consolidated in the last 10 days, .10 is easy from here, all of the hard work has been done.
For it to go from .01 to .11 is hard.
We bottomed at .024, .10 is easy, look for .20 on pure speculation, without financing news.
Once financing news comes, and the 4 month build out plan is PR'd, this will be at 40 or 50 PE somewhere in the .50 to .75 range.
I'm not selling any of shares only trading 25% to accumulate.
Oh I get that, they need the cash first. So, like I said, Carmax gets PE 21. For EVCARCO take away 10 PE due to speculation, but add 10 PE right back due to the fact that hybrid sales are going to keep gaining market share yearly, and bigly.
I see no reason why EVCARCO cannot trade at a 20-21 PE right now with what is known.
You have to understand, when they get the financing, and build the dealerships and stock the lots with every type of used hybrid out there, this will trade at 50 PE.
That would be about a net worth of $75M, which is close to what that Micro Cap Stock promo said, PPS .70 this summer. Obviously they have talked to EVCARCO management, and know about their 4 month build out plan pending financing in the next month or two.
the 13 "coming soon" dealerships which will be the first coast to coast alternative energy car group, someone has to do it first, and its EVCARCO, which come to find out, with financing will be built in an agressive 4 month plan and stocked with every type of used hybrid as a superstore. EVCARCO will happen to be selling some EV, at 7500 off and on sale for the next 4 years thanks to the government.
EVCARCO=Carmax for hybrids/EV
I'd say, look at the very latest hybrids out there. These will soon be used cars on EVCARCO's lots, Lexus, Porsche, BMW, Lexus...etc...are you kidding me, why is this at only a $2.5M cap LOL
Toyota Prius, Honda Insight, Ford Fusion, Lexus RX450h, Honda CR-Z, Toyota Camry, Toy. Highlander, Honda Civic, Ford Escape, Linc. MKZ, Hybrid Altima, Lexus HS 250h, Porsche Cayenne, Chevy Silverado, Cad. Escalade, Chevy Tahoe, GMC Yukon, Mazda Tribute , BMW Hybrid, Mercedes S400, GMC Sierra, Lexus GS450h, Lexus LS600hL, BMW X6,Mercedes ML450
Latest Hybrid/EV U.S Stats
http://www.hybridcars.com/hybrid-clean-diesel-sales-dashboard/january-2011.html
good post.
traders sentiment should be high then, considering EVCARCO's biz plan taking into positive and negative speculation puts it at around $31M
Whats EVCARCO worth? Likely $31M
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?
Look, on the weekly chart we finished at .068 last Friday. IMO we could finish near .07 tomorrow. Target 2 of .20 is not far away.
EVCA ran from .01 to .11, .024 to .20 is actually easier to do.
they average shared traded in the last 5 days is at PPS .052, there should be no resistance until .104 IMO
No, they are going to a major investors conference next wednesday. Clearly they are going to seek even more offers. Financing news is probably later next week. We've got a lot of room to run here. May see some other type of PR before the financing IMO
$2.5M Market cap LOL, yet up to $100M in financing is coming...are u guys kidding me??? I understand profit taking from .11 to .05, but below .05 was retarded.
EVCA is Presenting at a Major Investors Conference
IMO, EVCA will compare their financing offers that they currently have, and see if they can beat it at this conference which is next Wed. Major PR will come shortly after, but even before that there are other things to PR.
The following was posted last week by fringe_remnant, PM him for details.
Quote:
--------------------------------------------------------------------------------
... in Dallas, early March, by invitation. The invitation is not by the organizers of the event.
I'll be there. Feel free to organize a clapping and hollering section if you like.. details to come later. Should be a lot of fun, and a real eye opener when you see who they are dealing with, and who is going to introduce EvCarCo to the world there.
That's when the cat will finally be out of the bag.
http://www.acgtexas.org/htm/who.htm
fringe
The Texas ACG Capital Connection is the largest and most significant private equity event in Texas and the Southwest. This national conference is one of the largest in the country and brings 100 of the nation’s leading private equity and mezzanine firms to Texas representing more than $100 billion of capital available for investment. The event enables business owners, executives, intermediaries and other service providers in the Southwest to network with the nation’s leading sources of private equity and debt capital.
The conference, hosted by the Association for Corporate Growth (ACG) chapters in Houston, Dallas / Fort Worth, Central Texas and Louisiana, will offer the perspectives of top business leaders on the critical issues impacting M&A, financing and the economic outlook for domestic and international companies.
yeah I know, and the next day it was PR'd, fringe has done the best DD I have ever seen.....
Note how Jacks email corresponds with post 13906 and Fringes DD.
Many expected a PR on a deal last week, well guess what, they have multiple offers, so they will wait and chose the best one. No brainer.
Yes, EVCA is looking for up to $100M, but IMO thats too much. $50M would do the trick. 20M preferreds Class B preferreds for $50M would be PPS $2.50 on a 1:1 conversion.
LOL thats not going to stop EVCARCO from rolling this out. If anything, Carmax would buy EVCARCO if it saw fit. Dude, what do you think is going to happen to EVCA stock when $50M in financing is announced for a 4-month rapid build out of their 13 planned flagship dealerships?
Read the top stick, and PM fringe if you have any doubts man.
all refer to 13925
I talked to the company several times this week. They are going with a fully hedged biz model. They could care less if EV doesn't sell in the future. They will have new EV and every type of used hybrid on the lots. What ever is hottest at the time will be selling. The dealerships will be built green too, lots of solar power, wind turbines, really a spectacle, and all getting government help to build via incentives for solar and wind turbines!
EVCARCO=Carmax for hybrids and new EV, one stop shopping, never been done before, and is huge, absolutely no doubt about it.
Read the top stick on Fringe's DD, they are teaming up with major players who are all on board.
Haha, I guess you missed the email from the COO the other day saying they are going to be a superstore, for used hybrids and new EV. They will be fully hedged. If hybrids stay hot, they are going to have every type of used hybrid you can find all in 1 spot, from the Prius, to Lexus SUV hybrids, even Porcshe. And if EV gets hot, they will have those new for sale, all with a 7500 rebate from the government.
To further hedge, EVCA will own the first 13 dealerships as flagships. They will then franchise after that and just collect royalties from the franchises.
Its one stop shopping for someone who wants to try a hybrid or EV. Hybrids are 10% of U.S auto sales right now and growing.
EVCARCO is going to be the Carmax of hybrids and EV, simple as that.
PPS .07 end of day tomorrow, inching up over last weeks .068 friday close.
this is a play you put 50-100 grand in, and trade just 25% to accumulate. No other day trading needed for 6 months.
I've got 700k shares, goal 1M
EVCA went from .01 to .11, now its ready for .024 to .24...no doubt about it in my mind. EVCA is working on major PR, I have about 20 emails with Jack Eversull this week and 4 with Scott O Neal the COO, multiple PRs on the way according to them, just email them if you don't believe me.