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News Commentary #350 – Energy Cars Revolution First Thoughts

First Thoughts on Energy Cars Revolution.

We just began a “Silver” listing for Energy Cars Revolution (ECRevol for short) on the Emily News monitor.  According to their website, they are not a new presence online and state that their website has been running for over 260 days.  This agrees with the company’s incorporation papers that can be accessed via the website which say that the company was officially incorporated on May 11, 2017.  Apparently, the company is doing very well.  Again, according to its website, they have attracted over 45,000 accounts resulting in nearly $3,400,000 being deposited into the company.

Looking over the incorporation papers, you will find out that ECRevol is a “one man show” (please see HYIP Insights #17 for a discussion of this) with a single director who holds the single share in the corporation that he purchased for a nominal one GBP.  He is an Englishman, which is somewhat surprising as the use of the English language in the website script leaves a lot to be desired.  I wonder who else is on the staff of ECRevol

ECRevol claims to be involved with investment in companies that manufacture electric vehicles as well as electric vehicle charging stations.  Here is the passage from the website describing this…

Today, almost all the leaders of the automotive industry are developing and producing in massive sales its own electric cars. The total investment in electric cars is growing annually by hundreds of millions of dollars. After analyzing the market of electric vehicles, and assessing the positive development of this segment, the company Energy Cars Revolution chose this direction for the implementation of its investment activities. We cooperate as well with major manufacturers of electric vehicles as with promising companies that have just come on the market and ready to offer investment partners profitable terms of cooperation.

Investing in the development of electric vehicles, we are the result of the income from their sale. With the mass emergence of electric vehicles on the roads, there was a demand for electric charging stations, the number of which increases every day. That’s why; we also actively invest in companies that are engaged in the development, installation and operation of charging stations. Working simultaneously in these two areas, the company Energy Cars Revolution is able to effectively allocate funds from its own investment portfolio.

It would have been nice if ECRevol said a little about the companies they are investing with, the activities of these companies, how much they have invested with each of them, etc.

You might have noticed the marginal use of the English language in the foregoing statement.  We discussed the language issue in some depth quite a while ago in the article in HYIP Insights #2.

ECRevol offers four investment plans for users of its website.  The first three pay interest daily and also return your deposit at the end of the investment plan.  The lowest level interest plan runs for 30 days, the next level for 60 days, and the highest level for 90 days.  So, depending on your point of view, you might even say that ECRevol has an investment plan to suit the tastes of everyone — those that favor short, medium, and relatively long-term investments.  A nice feature of these plans is that the minimum investments that are required are not excessively high — so that serious investors can take advantage of all of them.  All too often an HYIP offers insanely high interest rates but also has insanely high minimum investment requirements.  The hope, most likely, is to catch a “big fish” — and then close the program and run away with the cash box (please see HYIP Insights #14 for a discussion of this).  Thankfully, there appears to be none of that nonsense here.  The fourth investment plan offers a flat 500% gross profit after 100 days.  Now, this interest IS getting a bit on the high side.  However, with a minimum investment of only $100, I cannot accuse ECRevol of being on a “fishing expedition.”

In our review of ECRevol, which will be coming up in a few days, we will take a much closer look at these investment plans.  Please stay tuned…

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