Business & Finance
Business and Finance
Business and Finance
Fri, November 5, 2010
Thu, November 4, 2010 Green Automotive Announces Teleconference Hosted by New CEO
DALLAS--([ BUSINESS WIRE ])--Green Automotive Company Corporation (Pink Sheets: GACR) [ www.usaelectricauto.com ] announced today that the Companya™s new Chairman & CEO, Daniel J. Elliott will hold an open teleconference call on Thursday, November 11th 2010 at 1pm PST (3pm CST) 4pm EST for shareholders unable to attend the Special Meeting on Monday, November 1st, and others interested in learning more about the Company.
The call format will feature a detailed Power Point presentation, to be accessed on the Companya™s website, which, together with commentary provided by Dan Elliott, will be designed to introduce shareholders, institutional investment firms and broker dealers to the Companya™s executive committee, expanded board of directors and advisory board members. A segment of the information will reiterate and expand on the credentials and capabilities of the Green Automotive executive team, with Dan discussing why he is confident that the management team now has the requisite industry specific experience, governmental and regulatory relationships and financial relationships necessary to accelerate its business plan and become a significant player in the electronic vehicle market space in North America.
Dan will recap the highlights of the recent meeting held in China with Zotye where Dan and other directors, Steve Aust and Ben Rainwater, met with the Zotye executive group to negotiate the terms of a proposed long term distribution agreement and possible joint venture to assemble the Zsotye vehicles in the United States.
Highlights of the Companya™s plan for the next two quarters will be outlined along with what management regards as milestones. During a segment of the call, Mr. Elliott will respond to questions submitted by call participants. All interested parties are invited to attend.
Space is limited on the call-in lines, therefore in order to participate please call 214.556.6307 and ask for investor relations to make a reservation. If you have a particular question for Mr. Elliott, please email questions in advance to [ info@usaelectricauto.com ].
About Green Automotive Company Inc:
Green Automotive Company is U.S. public company and the exclusive importer/distributor of Zotye Electric Cars/SUVa™s to North America. The companya™s shares are traded on the Pink Sheets under the symbol (GACR).
For More Info visit [ www.usaelectricauto.com ] or write to: [ info@usaelectricauto.com ]
Safe Harbor Statement - This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual or future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products, continued product innovation, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Green Automotive Company Corporation, does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
