Saturday, April 21, 2012 10:48:43 PM
Liberty Car in England, could be a publically traded company in the UK. However, I have never been able to find it publically traded here in the US. So if I refer to it as a private company, I am talking in terms of here in the US. That was another reason I saw a R/M between these two. Not only the joint venture, but it placed Liberty England one step closer to becoming a publically traded US company.
I promise you, I have never read a PR saying that ELCR changed their name to Liberty Builders. It is a subsidiary. Also, When you put in ELCR, it still comes up as Electric Car Company, not Liberty anything. Also, why would they change the name of the company to Liberty Builders and keep the same stock symbol ELCR. It can be done, but why would they make it confusing for people who are tying to buy the stock. They are looking for Liberty Builders, and have to type in a stock symbol starting with an E?
Not tryin to argue, ok. I have just followed this thing too long, and the American Liberty is a joint venture between the two companies and a subsidiary.
So when you reread the link in 5666, it doesn not say 100% ownershp of ELCR. It refers to both companies independently. It does not say that ELCR is Liberty. For legal reasons, they couldn't refer to one company by two different names without tieing it together. Let me know what you think.
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