Here's a different prospective.
I just got back from a great day, and discovered I sold some stocks in another company for a nice profit and bought more EVCA while I was gone.
I have also tried to catch up on the posts and see a lot of frustration from share holders.
To the shareholders that want EVCA to start a dealership NOW, before THEY are ready, as a lifetime businessman, that has bought and sold commercial property for my own businesses, I know how long it takes to have your "offer" approved by a seller and get the financing. I also know how long it takes to "wait' on a buyer to get their financing together, research the tax rolls, wait for the lawyers and banks to get all their documents in place.
So, basically, what I am saying here is that IF EVCA has one or more financing deals on the table, I can assure you it is not them holding this up, it will be the banks, insurance companies, lawyers, accountants, etc. all doing their own thing in their own time.
As far as EVCA not releasing any "good news", personally I think the announcement of a MAJOR addition to their crew, (the new COO) tells us quite a bit about their future.
Yes, the stocks took a dump today, so we have a choice. Anyone that bought BELOW .02 can sell what they have and take the profits somewhere else or they can hold for a larger profit.
Anyone that bought ABOVE today's pps or tomorrow's pps, or the next days pps, can sell at a loss or wait for a profit. This company is trying to raise millions of dollars and THAT is their primary goal THIS MONTH. They are NOT going to jeopardize that funding just to make a few investors happy.
Personally, I plan on giving them at least another year to get their stuff in order. In the meantime, I will continue to buy on the dips.
Good luck to others that make different choices.
Just my thoughts.