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.