ECFL will shortly move from being a company that has no revenues, to a new merged company, Complete Auto, that does have revenues projected for 2006 and 2007.
Looking at Complete Auto's and eautodrop's websites is interesting.
eautodrop shows that a vehicle sells every MINUTE; a Chevy Corvette sells every 37 minutes; a Ford Mustang sells every 26 MINUTES and a SUV sells every 7 MINUTES. All at a 50% margin according to the PR's we have read over the last few months.
All the above with a market listing under ECFL.
Do I think that there is great potential for growth following the merger in light of the above figures? Yes, absolutely.
Growth typically translates into a rising shareprice.
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