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The "MISTY CAVE - analog resonance echo" (MC) is an effect pedal which creates a kind of reverb/echo.

Characterized by a sound of a space that is resonant to the pitches of the input signal.

It makes the sound of delay style oscillating feedback which decays naturally. This increases the playability of your instrument over other delay pedals. You can control which note oscillates using the D.TIME control.

There is the "CV PEDAL" jack to control the "D.TIME" with the expression pedal.

From the top; "RATE", "D.TIME" and "BLEND". The "RATE" controls the rate to feedback the echo sound. The "D.TIME" controls the delay time. The "BLEND" controls the mix balance of input sound and effect sound. The "RATE" LED flashes depending on the rate.
On the top side, there are jacks for an AC ADAPTER, CV PEDAL, OUTPUT and INPUT. As for the expression pedal to connect the "CV PEDAL" jack, the "Roland EV-5"* can control the full range of the "D.TIME".

*Please note that the "MOOG EP1" is suitable for the model built before mid September 2013.
It contains an analog IC called "BBD" which was used in analog chorus, flanger and delay circuits. It could be categorized as chorus / delay / reverb, but it is slightly different to these effects.
It can create the mysterious echo sound which has floatiness like drifting through the air and can sound similar to the Indian "Chikaar" (Sitar), but with it's own character.