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News for EVCA, HCCI, and ELCR

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EVCARCO (OTC.BB:EVCA), a publicly held company in alternative energy vehicles, has recently reported that BUYINS.NET who is a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on EVCARCO. Since December 2009 the aggregate number of shares has been approximately 8.97 million. With a squeeze trigger price of $0.23 for shorted shares. The first of several short squeezes is expected to begin when shares of EVCA close above $0.06, where 593,554 shares have been shorted between $0.0375 and $0.0593.

EVCA is the first automotive retail group dedicated to deploying a coast-to-coast network of eco-friendly dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric and alternative fuel vehicles. EVCARCO has developed a dealer network allowing growth into most US States by 2012.

 

 

Heritage-Crystal Clean, Inc. (NASDAQ: HCCI) recently reported that it has selected Indianapolis as the site for its used oil re-refining facility and intends to create up to 75 new jobs by 2013. The company provides services for parts cleaning, containerized waste management, used oil collection and vacuum truck services to customers in the automotive service and manufacturing industries, expects to invest approximately $40 million to construct and equip a new used oil re-refinery on West 10th Street in Speedway.

The Indiana Economic Development Corporation offered Heritage Crystal-Clean up to $550,000 in performance-based tax credits based on the company’s job creation plans. Up to an additional $100,000 will be made available to the city of Indianapolis for infrastructure improvements from the state’s Industrial Development Grant Fund. The city of Indianapolis has granted Heritage Crystal-Clean a $2.3 million property tax abatement and $150,000 for additional infrastructure assistance at the request of Develop Indy.

 

 

 

Electric Car Company, Inc. (OTCBB:ELCR), a vehicle conversion Company that specializes in electric conversions and manufacturing for the Livery and Fleet Markets, recently reported that the Company will begin a six-month advertising campaign with DuPont REGISTRY(TM) Magazine.

Beginning with the August issue, the Company’s subsidiary, Imperial Coach Builders, will feature a full page ad highlighting its luxury Ambassador non-stretch SUV Conversion limousines along with Imperial’s new line of custom wheelchair accessible sedans. Mr. Gary Spaniak, Chief Executive Officer for Electric Car Company, Inc., states, The DuPont REGISTRY is the premier marketplace for luxury autos in the world and we feel that this advertising venue will elevate and broaden our customer base.

ELCR is a vehicle conversion Company that specializes in electric conversion and manufacturing for the livery and fleet markets including corporate VIP, Party Buses, Municipal Buses and Delivery Vehicles. The company brings together businesses specializing in customizing vehicles & power trains. This proven business strategy is building a dominating presence in the aftermarket automotive up-fitter segment, including, but not limited to Pure Electric cars, liquid propane conversions, limousines & other livery vehicles, specialty fleet vehicles, classic automobiles and custom restorations.

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