Market Watch for Electric Car Company Inc. Issued by Beacon Equity
06 Abril 2010 - 7:50AM
BeaconEquity.com announces an investment report featuring Electric
Car Company Inc. (OTCBB:ELCR). The report includes financial,
comparative and investment analyses, and pertinent industry
information you need to know to make an educated investment
decision.
The full report is available at:
http://www.beaconequity.com/i/ELCR
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Electric Car Company Inc. (ELCR) is focused on providing 100%
electric vehicle and powertrain technologies. In August 2009, the
Company announced the completion of its acquisitions of Imperial
Coachworks Inc. and Plug-In Motors Inc.
Message Board Search for
ELCR: http://www.boardcentral.com/boards/ELCR
In the report, the analyst notes:
"ELCR, a vehicle conversion company that specializes in electric
conversions and manufacturing for the Livery and Fleet Markets,
recently announced that the Company has utilized a training Grant
from the State of Missouri to increase efficiency and lower
overhead costs. Implementing 'Lean Manufacturing' processes
and lowering overall manufacturing costs gives the Company a
competitive advantage in the market.
"The Company reduced its full-time assembly force from 30 down
to 19. Any additional labor will be brought in on a job-by-job
basis, which also saves on excessive overtime costs. Other areas
have been streamlined such as the accounting, marketing and
administrative staff that have been reduced by 50%. The Company has
also taken steps to ramp up sales by reducing the salary expense of
its sales personnel while increasing the commission structure. This
has proven to be very effective with the evidence of the increased
sales and contract work brought into the Company in the first
quarter of this year."
To read the entire report visit:
http://www.beaconequity.com/i/ELCR
See what investors are saying about ELCR at penny stock
forum
BeaconEquity.com is one of the industry's largest small-cap
report providers. Beacon strives to provide a balanced view of many
promising small-cap companies that would otherwise fall under the
radar of the typical Wall Street investor. We provide investors
with an excellent first step in their research and due diligence by
providing daily trading ideas, and consolidating the public
information available on them. For more information on Beacon
Research, please visit http://www.BeaconEquity.com.
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON
THIS REPORT. We are not registered as a securities broker-dealer or
an investment adviser either with the U.S. Securities and Exchange
Commission (the "SEC") or with any state securities regulatory
authority. We are neither licensed nor qualified to provide
investment advice. Beacon Equity Research nor its affiliates have a
beneficial interest in the mentioned company; nor have they
received compensation of any kind for any of the companies listed
in this communication. The information contained in our report is
not an offer to buy or sell securities. We distribute
opinions, comments and information free of charge exclusively to
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CONTACT: Beacon Equity Research
Jeff Bishop
(469)-252-3505
press@beaconequity.com
Electric Car (CE) (USOTC:ELCR)
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