The company appreciates their shareholders support of EVCARCO, Inc. (OTCBB:EVCA) and would like to update them on some recent events and developments affecting the Company.
EVCA will make every effort to continue their relationship and assist them and the company as an unaffiliated consultant.
On August 25, 2010, for personal reasons, Mr. Dale Long resigned from the Board of Directors and his position of President/CEO. As part of the separation, the Company has retired 13,625,900 shares of common stock, or 17.62% of outstanding shares; and reduced current liabilities by approximately $70,000. Mr. Long will make every effort to continue the relationship and assist EVCARCO as an unaffiliated consultant.
EVCARCO is the first automotive retail group dedicated to deploying a coast-to-coast network of environmentally friendly franchised dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, alternative fuel, and pre-owned hybrid vehicles.
EVCA board approves the creation of its Ambassador Sustainability Living Program aimed at creating significant links with Hollywood’s most eco-friendliest celebrities as well as major global influencers. The concept has been approved by the board and EVCARCO will proudly be announcing the first of the Hollywood celebrities to participate in the program soon. This initiative is poised to be a gain significant attention for EVCARCO’s green vehicles. …
More about EVCA at: www.evcarco.com
Three of the hottest metals in terms of price and demand are gold, silver and copper. Current reports indicate that this trend is likely to continue. Although copper demand had fallen off due to the economic slump worldwide, demand is starting to rise.
Rather than buying these metals as commodities, savvy investors can invest in a company that intends to mine all three of these metals in Columbia. Orofino Gold Corp. (PINK SHEETS: ORFG.PK) has plans to mine gold along with silver and copper at properties it has acquired in Columbia, the new hot spot for gold mining.
Orofino Gold believes that the area it will be mining will result in more than a million ounces of gold and large amounts of silver and copper as well. If the company is right, this could be a homerun for investors.
The company has reviewed several engineering and design firms with gold production facilities design and operational experience and is currently creating a short list prior to engaging the design team. Orofino intends to continue the relationships currently enjoyed with all government agencies, the local communities, as well as current production teams and will involve these groups in all major processing and production planning decisions.
More about ORFG at: www.orofinogold.com
LINN Energy, LLC (Nasdaq:LINE) and its wholly owned subsidiary, Linn Energy Finance Corp., announced today a private offering to eligible purchasers of $1 billion in aggregate principal amount of 7.75% senior unsecured notes due 2021 at an offering price equal to 98.264% of par. LINN Energy intends to use the majority of the net proceeds from the notes offering to reduce debt under its revolving credit facility. Additionally, a portion of the proceeds from the sale of the notes will be used to unwind certain interest rate swaps. The offering is expected to close on September 13, 2010, subject to satisfaction of customary closing conditions.
The notes to be offered have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The notes will be offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act and non-U.S. persons in transactions outside the United States in reliance on Regulation S under the Securities Act.
More about LINE at: www.linnenergy.com
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