January 31, 2011
Company Also Confirms Resumption of Negotiations With Chinese Auto Manufacturer to Modify Import and Distribution Agreement
DALLAS -- (BUSINESS WIRE) -- Green Automotive Company Corporation (OTC:GACR) President Fred Luke announced today that the Company has been selected to be featured on Million Dollar Entrepreneur, a new Reality TV Series devoted to telling the behind the scenes story of the issues management of emerging, start-up or development-stage companies experience to become successful.
The first segment of the new weekly-aired TV series is scheduled to preview early this summer, and will follow four to five rapidly growing companies in new, emerging industries from start-up to present day.
The selection of Green Automotive as one of the first companies to be showcased follows a year-long period of growth and change for the Company, beginning in early 2010 when the Company landed an exclusive import and distribution agreement involving Chinese made All-Electric Vehicles.
"The Company is a perfect candidate for this type of "Reality TV' program," said Alan Edwards, President of Million Dollar Entrepreneur Inc., a US subsidiary of Navitas Ltd. "The show is scheduled to air on the ION channel, which currently reaches 98 Million households, and will take the viewers back-stage in the daily activities, the personnel and financial struggles, the negotiations and the process of coming up with the solutions that face practically every company with new technology, or a new ‘mousetrap’ they are trying to get to market ahead of larger, better capitalized and/or established competitors."