Evcarco, Inc.(fka EVCA)

[guguli]

I am trying to understand more about EVCA,...maybe you can help me understand 2 things (and I really appreciate your time and effort!)

1. is there evidence that the class B preferred shares are created for funding? so company is not planning to sell common shares into open market?

2. I just read the 8K from december,....it says:
Additionally, Mr. Sanders will have an option to acquire two-and-a-half million shares of the Company’s common stock, in increments of five hundred thousand shares, at prices of $0.20, $0.40, $0.060, $0.80 and $1.00 per share.
do I understand it correctly,....that this option only makes sense if pps reaches $0.20, $0.40, $0.060 and so on? if so, then company and CEO seem to feel that those share prices are very possible?


many many thanks for your help,...since english is only my third language, I sometimes have a hard time understanding these issues.