eCarfly, Inc., An Exclusive eBay Motors Listing Company Commences Trading Friday July 28, 12:28 pm ET July 28, 2006 eCarfly, Inc. (Pink Sheets:ECFL - News) announced today the company has commenced trading on the pinksheets. eCarfly, Inc., an exclusive eBay Motors listing company (NasdaqGS:EBAY) focusing on online vehicle auctions, personal watercraft auctions, and partnerships with companies such as AutoNation (NYSE:AN - News), CarMax, Inc. (NYSE:KMX - News), Asbury Automotive Group (NYSE:ABG - News) and private individuals interested in selling their personal vehicles.
Starting immediately, private individuals can go to www.ecarfly.com and sign up for an account and the free eCarfly service. Once the client has an eCarfly account, the client can log-in to that account and choose whether they want eCarfly to sell their vehicle via eBay Motors at no cost to the owner of the vehicle or use the eCarfly locator service to find a particular vehicle. The locator service does have a nominal $495.00 service fee. eCarfly will then contact the client within 24 hours and setup an appointment to meet and take photos of the vehicle for sale. About eCarfly, Inc.: eCarFly provides individuals and automotive dealers a hassle-free and cost-effective alternative to sell their vehicles while reducing to zero, traditional costs associated with the vehicle sales process! With the knowledge, experience, and understanding of the automotive industry, eCarfly knows exactly what works and what doesn't. Year-end Projections are set at approximately $3.4M. http://finance.yahoo.com/q?s=ECFL.PKPosts: 6 | Registered: Mar 2006
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eCarfly Caters to Asbury Automotive Group, 5th Largest Dealer Group in the Country Monday July 31, 7:00 am ET
DALLAS--(BUSINESS WIRE)--July 31, 2006--eCarfly, Inc. (Pink Sheets: ECFL - News) announced today the company will be hiring and training a sales force to meet requests provided by the Asbury Automotive Group (NYSE: ABG - News), a $5.5 Billion Corporation. "I'm very excited and inspired by my recent meeting with the Asbury Automotive Group, a company which posted 5.5 billion in 2005 revenues. They have made requests of customization for their particular organization. Over the next 30-45 days, we will implement an actual automotive-trained sales force and staff offices within close proximity to Asbury dealerships across the country," stated Desmond Milligan, CEO of eCarfly, Inc. ADVERTISEMENT
Asbury Automotive Group, Inc., headquartered in New York City, is one of the largest automobile retailers in the U.S., with 2005 revenues of approximately $5.5 billion. Asbury now operates approximately 86 retail auto stores, encompassing 119 franchises for the sale and servicing of 33 different brands of American, European and Asian automobiles.
Auto dealers are not alone in seeing the huge need for eCarfly services. eCarfly to date has had over 145 individuals open an account with eCarfly. Most of the individuals are seeking to sell their vehicle and do see the value in our services as it is totally free to the seller, but there are also several clients that are taking advantage of the low-cost vehicle locator service. eCarfly will actively search for your dream vehicle, negotiate the price, and arrange shipping and delivery, and the service-fee is only $495.00. Approximately 20% of sign-ups have opted-in for the locator service. Mr. Milligan stated, "This is great for us and our shareholders because we are generating immediate revenues, which is very important in order to hit our year-end targeted projections of $3.4M."
About eCarfly, Inc.:
eCarFly provides individuals and automotive dealers a hassle-free and cost-effective alternative to sell their vehicles while reducing to zero, traditional costs associated with the vehicle sales process! With the knowledge, experience, and understanding of the automotive industry, eCarfly knows exactly what works and what doesn't. eCarfly is currently focusing on online vehicle auctions, personal watercraft auctions, and partnerships with companies such as AutoNation (NYSE: AN - News), CarMax, Inc. (NYSE: KMX - News), Asbury Automotive Group (NYSE: ABG - News) and private individuals interested in selling their personal vehicles.
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eCarfly Board of Directors Schedules Meeting to Discuss 5-1 or 10-1 Forward Split Monday July 31, 3:52 pm ET
DALLAS--(BUSINESS WIRE)--July 31, 2006--eCarfly, Inc. (Pink Sheets:ECFL - News) announced today the company has tentatively scheduled a meeting for Friday, August 4 to discuss a possible 5-1 or 10-1 forward split. Due to the huge demand for ECFL shares and the small public float, the company will join in a meeting to discuss with their legal counsel, the possibility of a forward split. "We knew we had an amazing concept from the inception of it but we didn't realize how well it was to be accepted by the investors and clients alike. I think at this time, the entire organization is just in awe at how many phone calls and service orders are coming in around the clock," stated Desmond Milligan, eCarfly, Inc. CEO. ADVERTISEMENT
About eCarfly, Inc.:
eCarfly provides individuals and automotive dealers a hassle-free and cost-effective alternative to sell their vehicles while reducing to zero, traditional costs associated with the vehicle sales process! With the knowledge, experience, and understanding of the automotive industry, eCarfly knows exactly what works and what doesn't. eCarfly is currently focusing on online vehicle auctions, personal watercraft auctions, and partnerships with companies such as AutoNation (NYSE:AN - News), CarMax, Inc. (NYSE:KMX - News), Asbury Automotive Group (NYSE:ABG - News) and private individuals interested in selling their personal vehicles.
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Really picking up steam now. I believe the momentum will continue. They've got the pr machine rev'd up...like it.
Posts: 6 | Registered: Mar 2006
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eCarfly Legal Counsel Approves Forward Stock Split Wednesday August 2, 12:07 pm ET
DALLAS--(BUSINESS WIRE)--Aug. 2, 2006--eCarfly, Inc. (Pink Sheets:ECFL - News) announced today the company's legal counsel has approved a forward stock split. All details are currently being finalized and will be released to the public on Monday, August 7, 2006. "Due to the overwhelming interest and demand in our company, we have collectively decided to reward our current shareholders and prospective investors with a forward stock split," stated Desmond Milligan, eCarfly, Inc. CEO. ADVERTISEMENT
About eCarfly, Inc.
eCarfly provides individuals and automotive dealers a hassle-free and cost-effective alternative to sell their vehicles while reducing to zero, traditional costs associated with the vehicle sales process! With the knowledge, experience, and understanding of the automotive industry, eCarfly knows exactly what works and what doesn't. eCarfly is currently focusing on eBay motors (Nasdaq:EBAY - News) online vehicle auctions, personal watercraft auctions, and partnerships with companies such as AutoNation and private individuals interested in selling their personal vehicles.
Disclaimer
Matters discussed in this press release are "forward-looking statements." Statements describing company objectives are forward looking. Company's plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the company and market evaluations of its stock, which could cause actual results to differ materially from those anticipated.
Posts: 6 | Registered: Mar 2006
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What would drive a stock like this down, the week prior to the split on a day when the rest of the market is up? I've been watching and reading and all signs seem positive...except the downward trend that is.
Posts: 36 | From: Co Springs | Registered: Aug 2006
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