InvestorsHub Logo
Followers 0
Posts 265
Boards Moderated 0
Alias Born 12/11/2006

Re: Pastor Phil post# 14400

Tuesday, 02/27/2007 6:30:31 PM

Tuesday, February 27, 2007 6:30:31 PM

Post# of 76909
It's because he stated in a PR (can probably find which one fast) that the next time he'll announce a merger it's going to be sure they merge. I really believe he's as tired as we are about calling mergers off.
--
After writing this, I found this in Friday's PR. :


It's been over a month since a release was issued by eCarfly, Inc. Desmond Milligan, President and CEO, clearly stated, "No news will be issued until absolute certainty is obtained and the merger is consummated." Mr. Milligan was questioned on this remark and was adamant that, "This new direction is in the best interest of ECFL."


This is also from the same PR..


DALLAS--(BUSINESS WIRE)--eCarfly, Inc. (Pink Sheets:ECFL - News) Pleasingly announced today that preliminary negotiations are underway with an Alternative Fuels Company. Fuels Produced by this company are patented world wide and are gaining recognition from every major automotive industry. Although early in negotiation, company officials for both teams have agreed that there is a synergy between organizations that make for an explosive opportunity. Progress with business development is scheduled to continue over the next few weeks with further details released accordingly.


Seeing this, I can only see them feeding us with PR in the following weeks, and we'll get a bump everytime... I just love this position right now, waiting and watching.

So to answer the question, yes I do think there will be a merger in the near future for ECFL!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.