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EVCI - EVCI STOCK NEWS

Welcome to our dedicated page for EVCI news (Ticker: EVCI), a resource for investors and traders seeking the latest updates and insights on EVCI stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect EVCI's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of EVCI's position in the market.

Rhea-AI Summary

EVCI Career Colleges Holding Corp. (OTC: EVCI) announced a change of control following a transaction with Zhejiang Dashang Media Co., Ltd., which has acquired a controlling interest. The current year results for Zhejiang Dashang Media highlight gross revenues of $61.6 million, up 300% from 2021, serving 1.7 million users, an 80% increase in daily users, and 33,871 daily paying users. EVCI anticipates significant growth in 2023 and plans to submit a name and symbol change to FINRA soon to reflect its new business model.

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Rhea-AI Summary

EVCI Career Colleges Holding Corp. (OTC: EVCI) has completed a change of control with Zhejiang Dashang Media Co., Ltd., acquiring voting control through preferred shares from Synergy Management. Following this transition, Wei Li becomes Chairman and President, while Yingying Li takes on the role of CFO. The company is shifting its business model to focus on technology and plans to submit a name and symbol change to FINRA. EVCI aims to enhance shareholder value without pursuing a reverse split as part of its growth strategy.

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FAQ

What is the market cap of EVCI (EVCI)?

The market cap of EVCI (EVCI) is approximately 180.6K.

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EVCI Stock Data

180.58k
Elementary and Secondary Schools
Educational Services