Replies to post #34432 on Evcarco, Inc.(fka EVCA)

[john1000]

light in the dark should be 10k hop or flop good feeling

--Notification that Annual Report will be submitted late (NT 10-K)

-testing and licensing of the HFX4 Hydrogen Hybrid Combustion/Fuel Enhancement Systems.-

--November 30, 2011, the Company amended its Articles of Incorporation to increase authorized capital.


The increase was necessary in order to accommodate conversion of debt taken on over the same year. As of the date of this release, significant portion of the convertible notes payable has been paid off.

--EVCA will establish retail distribution for the HFX4 System through its dealerships and showrooms upon completion of Due Diligence. -- Due Diligence, a Definitive Licensing Distribution Agreement will be entered into for the U.S., Canada, Mexico and Russia. The goal is to find in our Due Diligence, results of 20% to 35% improvement in MPG and a reduction in emissions in the range of 60% depending on engine

-- generated cumulative gross revenues of $2,208,948.00, as of t
he last reported period of September 30, 2011.


-- The Company also continues to expose and market its Master Franchise and Single Locations Franchises opportunities of the Future Driven® Dealership Franchise.

[sunspotter]

"You can recheck my math but where's the dilution in the past 5 months...look to me to be the same amount of outstanding shares.."


Your math is fine.

It's the underlying assumption about the O/S which is unproven. The figure used by you is that out of date figure given by EVCA in early November before the A/S was maxed out and therefore increased by a few billion in the same .

Nobody outside of EVCA knows what the actual O/S is now.

We may discover if they ever file again.

[vegapaz]

Yes that is the market cap based on the November O/S. The company hasn't updated the OS since then and the T/A is gagged so that's all we have to go on. But the company has admitted to issuing shares to cover their debt so we know the OS is higher.

Where do u think all these large blocks of millions of shares are coming from?