Replies to post #25048 on Evcarco, Inc.(fka EVCA)

[composed]

And they only pay $12,500 for this PE deal. I will have some interesting #'s in a minute.

[OldBiker]

Per the EVCA website,

EVCARCO’s goals are to develop a franchised dealership network, allowing growth into most US States by 2012.

Now that financing is available, they SHOULD be able to set up dealerships in "most states" without any problems.

Next, keep in mind that it will probably take ONE year for most dealerships to make a profit, so EVCARCO itself will NOT make a profit for around 3 to 5 years, however as their assets grow, it will get them one step closer to meeting the requirement to get listed on one of the bigger boards.

This is NOT going to happen overnight, but they are STILL moving in the right direction and in my view, they have thought this through and since the new CEO took over, they are getting a lot accomplished in a short amount of time.

Just my thoughts