SD, they must have the accountants and attorneys to review the terms if it's financing, which takes some time, certainly.
Today, I bought some ZAAP.ob, which went up 30% to $0.9. It's another electric vehicle stock, with mkt.cap of $130 million.
While EVCA mkt. cap. is around $2 million currently, I strongly think it's extremely too low.
When EVCA is getting its biz rolling forward, its mkt.cap. should get increased as well.
ZAAP was around $0.30's in Mar/Apr, 2010 and went as high as $1.86 in Jan, 2011, as its biz is going forward.
EVCA will have its day, some day.