San West USA Inc. (OTCBB: HBSY) designs and manufactures off-road buggies and provides repair services and after-market performance parts and accessories for buggies built in China for the U.S. market. In August 2008, the Company acquired California-based Buggy World, an exclusive authorized sales, service and parts distributor. Buggy World provides products and services to the off-road industry through a dedicated retail network and the Internet. Well-known brands in Buggy World’s product line include Volkswagen, Subaru, Fox Racing, Shox and Joyner. Vehicle prices range from $1,400 to $45,000 for family and sport buggies and $90,000 for high performance sand rails. In 2008, Buggy World generated sales of $1.685 million and produced 30% profit margins. The Company anticipates growing both of these numbers substantially in 2009.
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When I posted this stock on July 20th, 2009, the stock closed at 0.31, but today it's asking price right now is 0.7199. More than double it's value.
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Evening Hot Pepper!! Thought I was alone in here!! I just got wind of it....I am seriously thinking of jumping in...May be a good play if even for a short.. maybe long we will see how she does!! GLTY!!!
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SAN DIEGO, CA--(Marketwire - September 24, 2009) - San West, Inc. (OTCBB: HBSY) -- a Company that designs, manufacturers, sells and repairs off-road buggies -- announced today that it has signed a Letter of Intent with TrophyKart to be the exclusive distributor of TrophyKart products for San Diego County.
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