All of the following is from fringe_remnant, you can PM if you like, but he knows so much about the company after doing so much DD, he has a legal non-disclosure agreement with them now which protects EVCA and himself, but you can meet him in Texas on March 2nd at the investor conference.
1) Fringe said an Alt Fuel Foton product was about to roll out with EVCA on Monday Feb 14th. Wouldn't you know it the very next day that exact same thing was PR'd 2) Fringe says EVCA has multiple offers for financing, and that EVCA wants to do an aggressive 4-month build out of its dealerships 3) Fringe says EVCA is indeed talking to Byd Auto, yes, the one that Buffet has a 10% share in 4) Fringe says actress Hillary Duff will be EVCA's national spokesperson, to be announced possibly in tandem with a movie and useage of EV on the set 5) Fringe says EVCA is negotiating with Magna International to outfit the Foton trucks it will be buying with refuse collectors, street sweepers, etc so EVCA can sell them to cities and states. 6) Believe him or not, its up to you, but the specifics are uncanny. This is the best DD I've ever seen, and he's 1 for 1 so far.....
Monday, February 14, 2011 12:43:57 PM Re: fringe_remnant post# 5163
More Important Developmental DD
Another group that EVCA are working with is Foton of China, who have an American outlet that is seeking distributorships.... Keep your eye on this one as they are farking HUGE and the mother ship will probably stoke any company who enters into exclusives with them.
To support my DD I called, and just just got off the telephone with, Clifford Care CEO of Foton Anerica and he confirmed all of the above is true and that EvCarCo is rolling out Alt Fuel Foton product very shortly, with an exclusive license.
Hang on to your frigging hats folks.
fringe
Then the following Tuesday AM at 9:00 A.M, the Foton PR:
In discussions with the company last week they said they had offers from many different sources. I know they are looking for $100mm to develop an aggressive four month build-out strategy.... and are also looking beyond that with offers substantially greater than that for a long term build involving new industry partners.
One of them is a manufacturer in China called BYD, which Warren Buffet owns 25% of. EVCA informs me that they have a 12 state exclusive on a product supply and distribution arrangement with BYD now and that this partnership is quickly getting more solid. Major financing at this end will secure it.
They won't have any trouble obtaining that... a developed national franchise system and trademarks on the EvCarCo brand are in place.
They told me a nationally recognized figure is coming on to act as company spokesperson and do televised and internet promotions... Hillary Duff. She will be perfect: exuding emotional honesty and speaking directly to at least half the potential decision makers on alternate energy car purchases, Hillary will be a natural fit.
Hang on to your hat.
fringe
Additional Important EVCA DD
MAGNA International Special Project Division (Electric and Hybrid) has been approached in consideration of future alliances. You can just imagine where this is leading.,. final assembly to DOT standards, just in time delivery and total product control under the most stringent of quality standards.
Magna is the largest global producer of automotive components, chassis and complete vehicles in the world outside of the manufacturers themselves.
This association would be total horsepower. And major private financing will secure it.
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