Green Automotive Co Corp (fka GACR)

[insideinfo80]

GACR-Release research report short term target .75 cents


This is the link to the research report
http://www.marketadvisorsinc.com/http://www.marketadvisorsinc.com/





Green Automotive Company, INC.
Stock Symbol- GACR.PK
Shares- 239,369,442
Market Cap- $55,054,972
Recent Price- $0.23
Short-term Target Price $0.75
CORPORATE INFORMATION
PHONE [phone]
WEB: www.usaelectricauto.com




Green Automotive Company, Inc. is a public company (GACR) and the exclusive
importer of Zotye electric Sport Utility Vehicles (SUVs) in North America. The Zotye
Corporation manufactures its vehicles in China.

GREEN AUTOMOTIVE COMPANY, INC.
(GACR.PK)
INITIATING COVERAGE

Green Automotive reversed into a Pink Sheet Shell
Company on November 4, 2009 and is led by
Founder Steven Fly, its CEO, who has over 25
years in the automotive industry. Mr. Fly has held
positions as General Manager and Managing
Partner of several highly successful Dallas based
dealerships. Mr. Fly has assembled a strong
management team of automotive dealer operators.
GACR has its headquarters in Dallas, Texas, and is
the exclusive importer and distributor of the Zotye
electric SUV in North America. Green Auto is
building a network of distributors to sell and service
the Zotye Electric Vehicles. We have learned that
the first all electric Chinese manufactured plug-in
SUV has the following features: five doors, 4 seats,
100% electric (no emissions or carbon foot print).
Each SUV is equipped with a Lithium Ion Battery
which is manufactured by Zotye Subsidiary’s
Company. Maximum speed reaches up to 75 mph,
and the range is up to 250 miles. The SUV features
an 185,000 mile warranty on the battery plus a
three year/ 36,000 mile warranty on the SUV. The
list or MSRP is $29,995, which could drop
significantly as volume increases. There are two
models, 110v or 220v system, and they can be
recharged at home or at charging stations.
GACR recognized that gas prices will not be going
lower in the future and people are getting used to
“going green” on just about everything, so why not
your car? The Zotye will only cost $0.02 per mile to
operate with zero emissions and can be recharged
in any home using ordinary 220 volts.
Owning a Zotye helps the US reduce its
dependence on foreign oil and so by “going green”,
allows you to keep more green in your wallet.

NEWS FLASH: The Company plans to maximize sales and market share through the near term
development of an exclusive robust dealership network. GACR will offer unique vehicles of
exceptional value at very competitive prices. Sales to dealers will be supported by a seasoned,
market savvy management team that will deploy a marketing campaign designed to introduce
the Zotye brand and establish it as a leader in the electric SUV market niche.




“FUNDAMENTAL ANALYSIS FOR TODAY’S INVESTMENTS” JULY 2010

MARKET OUTLOOK
Although the auto industry in North America is
experiencing unprecedented difficulties, the
emerging market for electric vehicles represents a
huge opportunity for those companies correctly
positioned to take advantage. The market for
electric vehicles in North America is of mammoth
proportions, estimated by the US. Government to
be 2.4 million cars by 2015. 1% of the gas
manufactured cars would represent annual sales of
120,000 electric cars or around $3.6 billion vehicle
sales. GACR has a vision to gain that 1% market of
all US auto sales representing 120,000 sales of
Zotyes. Now comes the hard work. To achieve this
goal, GACR is building a network of distributors to
sell and service the Zotye Electric Vehicles.
The Company will complete the testing necessary
to obtain approval from the EPA/DOT compliance
for the Zotye, so more than 10,000 vehicles can be
sold per year. This will be critical because currently,
new vehicles with no EPA/DOT compliance, the
maximum is set at 10,000 per year. Approved
dealerships will be able to sell these electric
vehicles at a 20% higher profit margin compared to
the dealers who only sell the traditional gas
vehicles.

REVENUES
Since GACR is really in its launch phase, it has no
real revenues at the present.
GACR will realize a $100,000 fee for each
dealership that is created. Projections from the
Company are for them to obtain 24 dealers for
2010, 2011 and 2012, bringing in $2.4 million.
Revenue projections are $48.6 million in 2010,
$112.2 million in 2011, and $188.1 million in 2012.
Net profits projected are for $5.2 million in 2010,
$10.5 million for 2011, and $17.1 for 2012.
Based on the third year projections made by the
Company making $17 million, a 20X Price to
Earnings Ratio would give the Company a market
cap of $340 million. This would translate to the
potential of the stock being worth $1.36 per share.
(250 million shares outstanding).

WHY CONSIDER GACR?
On July 1, 2010, the Company announced they are
hot on the trail of a new Electric Car manufacturer,
Telsa Motors—after their record breaking new IPO.
Before the year is over, GACR will be going headto-
head with Nissan and GM.
Nissan’s Electric hatchback called LEAF with a
base price of $32,780, which has a range of 100
miles. This is expected to roll out later this year.
GM plans to introduce the Chevrolet Volt electric
car in November of this year.
The recent success of GACR exhibiting the new allelectric
SUV at the Barrett-Jackson Auto Show in
Orange County, CA during June 25-27, 2010,
brought out thousands of auto enthusiasts, dealers,
members of the media, investment bankers and a
very high profile list of celebrities that included
Government Officials.
If the Company can get the necessary government
approvals from the EPA/DOT and if they are able to
obtain 24 dealerships per year needed to achieve
their revenue goals, we feel a short-term target
price of $0.75 could be attainable.

ANALYST
Officers of Market Advisors, Inc. have been in
business since 1983 and have provided stock
market research for their clients since 1985.
Company officials have often been quoted in a wide
array of financial publications such as the Wall
Street Journal, Investors Business Daily, Barron’s,
Forbes Magazine and The Dick Davis Digest to
name a few.