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Tuesday, 03/08/2011 4:14:22 PM

Tuesday, March 08, 2011 4:14:22 PM

Post# of 43903
Regarding EVCA's "Quiet Period"

EVCA is currently in a "quiet period" where no information about material events will come out. There is more than 1 document to be filed with the SEC. However, according to the SEC a "quiet period" is enacted for 1 of 2 reasons only, either 1) a period before an IPO in order for a company to not hype the stock driving up the PPS before the IPO, and 2) a period before convertible equity securities are being institued in order to not drive the PPS up.

Well, we are not getting an IPO, but EVCA created 20M Class Convertible B preferred shares on 2/10/11 for the sole purpose of funding. In fact, here is an email reply to me from the EVCA COO Scott O Neal regarding the newly minted Class B Preferred

9.) Create B and C shares: No Class C shares were created; there was a miscommunication with the Nevada Secretary of State on the filing. This has been addressed and corrected. The Company did create a Class B share, the new class of shares will give the Company the opportunity to move forward with its ongoing need for capital as we develop the business plan further.

SEC rules do not officially apply with EVCA, but it is an indication that good news is on the way as they do not want to hype the stock beforehand. Indications are its funding news that is on the way via the Class B Convertible Preferred, but we will have to wait and see. In my mind, I'm 90% sure its funding.

COMMENTS/QUESTIONS/CONCERNS?


http://www.sec.gov/answers/quiet.htm

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