EvCarCo, Inc. Announces New Management and Directors
October 15 2013 - 9:00AM
Marketwired
EvCarCo, Inc. Announces New Management and Directors
New Management Negotiates the Return of Class B Preferred and
Common Shares
FT. WORTH, TX--(Marketwired - Oct 15, 2013) - EvCarCo,
Inc. (PINKSHEETS: EVCA) announced today the appointment of a new
management team along with new Board Members. These appointments
and elections will usher a seasoned team of resources into the
organization, allowing for improved oversight as EVCARCO
expands.
New Officers and Directors
Edwin McKnight - CEO - Mr. McKnight has been a global
entrepreneur for over 35 years. His recent focus has been the
renewable energy and environmental technologies
sectors. Previous endeavors include the construction of a
bio-fuel plant in England, wind and solar project evaluations, and
serving as contract negotiator for a $2.5 billion hydro-electric
project in Southeast Asia.
Gerardo Hubard - President/Director - Mr. Hubard has over 25
years of experience in the construction and renewable energy
industry. He has served as CEO of Hubard Engineering Services
and headed more than 110 construction projects.
Bryan Miller - Vice President/Director - Mr. Miller has over 25
years of experience in the renewable energy and natural resource
industries. He has been involved in all financing and strategic
aspects of a number of projects in the US and Africa, focusing on
corporate development, deal structure and project management.
Alexander Beckman - CTO - Mr. Beckman holds approximately 80
patents and/or pending patent applications. He has had project
involvement in Africa, Asia, Australia, Europe, South America,
Mongolia and has been a consultant for major mining and smelting
companies in Asia and South America. He holds degrees in
General, applied and specific Mineralogy, Metallurgy, Geology,
Inorganic chemistry, Crystallography, Material science and Physical
chemistry.
Mack Sanders - COO - Mr. Sanders is a 30-year veteran of the
automobile industry, working in various management and sales
capacities for several dealerships in the State of Texas. For the
last decade, Mr. Sanders owned and operated a successful automobile
wholesale business.
Walter Speck will serve as Chairman and Director.
EvCarCo Inc. also announced today that new management has
successfully negotiated with Third Stone Corporation, a wholly
owned subsidiary, for the return of 500,000 Class B Preferred
shares (convertible to 5M common) and 43,961,040 shares of Class A
common in consideration for the resignation of President and CEO,
Gary Easterwood. In addition to the equity return, the
Intellectual Property remains with EVCARCO.
Walter Speck, Chairman, stated, "I am very excited about this
pivot. I am most impressed with the quality of personnel we were
able to assemble to move the company forward. New management
has already been reviewing additional opportunities within the
global electric/hybrid transportation industry and expects to
report on these opportunities in the very near future."
EVCARCO, Inc. is a Future DrivenĀ® Automotive Retail Group
focused on deploying a coast-to-coast network of eco-friendly
dealerships and vehicles. The Company sells or leases new &
pre-owned all electric, alternative fuel and hybrid vehicles from
most auto makers. For additional information regarding EVCARCO
visit: www.evcarco.com.
This press release contains forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Act of 1934. These forward-looking
statements are based largely on the expectations or forecasts of
future events, can be affected by inaccurate assumptions, and are
subject to various business risks and known and unknown
uncertainties, a number of which are beyond the control of
management. Therefore, actual results could differ materially from
the forward-looking statements contained in this press release.
Additional information respecting the factors that could materially
affect the Company and its operations are contained in its annual
report on Form 10K and Form 10-Q as filed with the Securities and
Exchange Commission. The Company undertakes no obligation to
publicly update or revise any forward-looking statement.
Investor Relations Contact: Jack Eversull The Eversull Group,
Inc. 972-571-1624 214-469-2361 fax Email Contact