Evcarco, Inc.(fka EVCA)

[guguli]

...I am re-reading the 8k.
and coming back to your last point:

(g) Maximum Advance Amount. The amount of an Advance requested by the Company shall not exceed the Maximum Advance Amount. In addition, in no event shall the number of shares issuable to the Investor pursuant to an Advance cause the aggregate number of shares of Common Stock beneficially owned by the Investor and its affiliates to exceed four and 99/100 percent (4.99%) of the then outstanding Common Stock of the Company. For the purposes of this section beneficial ownership shall be calculated in accordance with Section 13(d) of the Exchange Act.

wouldn't that mean that we only get "diluted" by maximum 4,99% in total? it doesnt say 4,99% of the OS for each advance. it talks about the aggregate number of shares, which should not exceed 4,99% of OS. am I understanding this correctly?