Stock Alert for Electric Car Company Inc. Issued by MicroStockProfit
June 16 2010 - 6:50AM
MicroStockProfit.com announces an investment report featuring
Electric Car Company Inc. (OTCBB:ELCR). The report includes
financial, comparative and investment analyses, and industry
information you need to know to make an educated investment
decision.
The full report is available at:
www.microstockprofit.com/lp/ELCR
Electric Car Company Inc. (ELCR) is focused on providing 100%
electric vehicle and powertrain technologies. In August 2009, the
Company announced that it has completed the acquisitions of
Imperial Coachworks Inc. and Plug-In Motors Inc. The Company was
formerly known as Classic Costume Company Inc. and changed its name
to Electric Car Company Inc. in October 2009.
Message Board Search for ELCR:
http://www.boardcentral.com/boards/ELCR
In the report, the analyst notes:
"During the first quarter 2010, the Company recognized limited
revenues totaling $93,168 and cost of sales during the period of
$207,164, resulting in a negative gross profit (loss) of $113,996.
This negative gross profit reflects the limited sales during the
period and the expensing to cost of sales of its excess plant
capacity.
"ELCR recently announced entering into a Letter
Of Intent Agreement with Liberty Electric Cars, USA LLC to combine
the respective expertise of the two companies in the production of
zero emission, pure electric vehicles. The proposed joint venture
is subject to the execution of a definitive
agreement."
To read the entire report visit:
www.microstockprofit.com/lp/ELCR
See what investors are saying about ELCR at penny stock
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