Evcarco, Inc.(fka EVCA)

[sevenOdouble]

Because they don't have enough revenue to pay for their developments they pay for their services with shares, its a common practice for start-up companies.
But on the OTC & Pinks there are a lot of scams going on with companies who dilute billions of shares, though not with this company!!
Once they have dealerships and franchises and selling cars they won't have to do this anymore, and once they generate revenue on their own strenght they will get some form of loan.
Please note that a start-up with 129mil shares isn't really that much, so listen to fear mongers who are saying negative things to load up cheaper shares.

Updates are expected any day now, and we're anticipating a big announcement with a multi billionair on board, although it isn't certain right now if he will be in the first update they release.

Read the blog post from Composed somewhere on this board...