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Re: stockraider68 post# 5271

Thursday, 04/28/2011 12:57:38 AM

Thursday, April 28, 2011 12:57:38 AM

Post# of 12282
First, Liberty Electric Cars USA, LLC (British) is 50/50 owner with ELCR in the company Liberty Electric Car, INC. Neah became a big $2.00 stock when Uncle Sam gave them (yes, gave -as in- no need to pay back) $6M.

Neah actually has good ideas in battery storage, but, it never really caught on and dwells in the land of the pennies.

ELCR has just done a major dilution of shares. This is a death spiral. I suspect that this is the reason for companies embedded within companies. Once the financiers are finished unloading the billions of shares, I wouldn't doubt it won't be able to make good on its agreements with partner Liberty LLC and will give Liberty INC up. There may be other back room deals. Who knows.

IMO: ELCR is done. Come on, pump and dump. This stock is a lotto ticket.