SOURCE: EVCARCO

EVCARCO

February 17, 2011 09:41 ET

Mega Stock Picks Initiates Coverage on EVCARCO and Its Environmentally Friendly Auto Dealership Brand

FT. WORTH, TX--(Marketwire - February 17, 2011) - EVCARCO, Inc. (OTCBB: EVCA) (OTCQB: EVCA) announced today that Mega Stock Picks (www.megastockpicks.com), a reputable internet-based free subscriber newsletter, has initiated coverage on EVCARCO.

Widely known for its successful stock alerts which focus mainly on Big Board securities, Mega Stock Picks has issued a strong buy alert for EVCA with a 6 month price target of $0.70. Mega Stock Picks has given EVCA its strongest buy recommendation.

Mack Sanders, EVCA's CEO, stated, "EVCARCO is developing their business structure and reaching out to incorporate new partners and developing long term associations with industry leaders on the forefront of technological innovation. Being recognized by this Company only helps shine the light of change that EVCARCO is making in the automobile industry.

For more information on EVCARCO, Inc., please view: www.evcarco.com. Shareholder inquiries should be directed to (972) 571-1624.

EVCARCO Inc. 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.

This Press Release contains certain forward looking statements that involve substantial risks and uncertainties, including, but not limited to, the results of ongoing clinical studies, economic conditions, product and technology development, production efficiencies, product demand, competitive products, competitive environment, successful testing and government regulatory issues. Additional risks are identified in the company's filings made with the Securities and Exchange Commission.

Contact Information

  • Investor Relations Contact:

    Jack Eversull
    The Eversull Group, Inc.
    972-571-1624
    214-469-2361 fax
    Email Contact