Ludlow Research Issues Opinion on EVCARCO, Inc./Third Stone Corporation Based on Low Market Cap Valuation
November 16 2012 - 8:30AM
Marketwired
EVCARCO, Inc./Third Stone Corporation (OTCQB:
EVCA), a developer of mobile applications, announced that Ludlow
Research, a small cap equity research firm based in New York, has
issued a research opinion on the Company. In the report, Ludlow
Research states their opinion based on the Company's continued
launch of new mobile and web-based applications, through their
operational division, 'Third Stone Corporation,' and the current
low market capitalization.
Report Highlights
- Launch of New Mobile Applications
- 54 Million Shares Outstanding (as of October 25, 2012)
- Current Market Capitalization only $120,000
- Target Market Valuation of $2 Million
To download the full report, and access to risks, disclosures,
please visit: www.ludlowresearch.com/uploads/evcareport.pdf.
Ludlow Equity Research is a New York based equity research firm
focused on providing their clients, and individual readers, with
in-depth research coverage and opinions on the small-cap securities
market. For over 14 years, the company has aimed to providing their
subscribers a simple way of evaluating the current and potential
value of small-cap stocks, and any risks that may affect those
valuations going forward. Ludlow's goal is to provide traders with
an easy way to make investment decisions based on current and
future valuations. Ludlow Equity Research is a division of Ludlow
Capital, Inc. www.ludlowresearch.com.
EVCARCO, Inc. is a Future DrivenĀ® Automotive Retail Group
focused on deploying a coast-to-coast network of environmentally
friendly franchised dealerships, vehicles, technologies and
sustainable solutions. EVCARCO is bringing to market the most
advanced clean technologies available in plug-in electric,
alternative fuel, and pre-owned hybrid vehicles from multiple
manufacturers. EVCARCO also owns The Third Stone Corporation, a
forward-thinking software provider dedicated to improving and
enhancing lives through innovations of software development and
data services for sport, financial, home automation and social
networking.
Safe Harbor Statement This press release may contain forward
looking statements which are based on current expectations,
forecasts, and assumptions that involve risks as well as
uncertainties that could cause actual outcomes and results to
differ materially from those anticipated or expected, including
statements related to the amount and timing of expected revenues as
well as any payment of dividends on our common and preferred stock,
statements related to our financial performance, expected income,
distributions, and future growth for upcoming quarterly and annual
periods. These risks and uncertainties are further defined in
filings and reports by the Company with the U.S. Securities and
Exchange Commissions (SEC) including but not limited to information
as contained within the Company's most current quarterly reports,
annual reports, and or other filings. Furthermore, the Company
disclaims any intention or obligation to update or revise any such
forward looking statements, whether as a result of new information,
future events, or otherwise. We have incurred and will continue to
incur significant expenses in our expansion into new related
services and there is no assurance that we will generate revenues
sufficient to offset those costs. Expansion may expose us to
additional legal and regulatory costs and unknown exposure(s) based
upon the various geopolitical locations we will be providing
services in; the impact of which cannot be predicted at this
time.
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For more information, please contact Melissa Diaz South Street
Media, Inc. Phone: (917) 937-8968 Email: Email Contact Investor
Relations for EVCARCO: Jack Eversull President The Eversull Group,
Inc. 972-571-1624 214-469-2361 Email Contact