FT. WORTH, TX--(Marketwire - Nov 16, 2012) - 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.
- 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 Driven® 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.