Pickups Plus Inc. Receives Initial Order from China 11/17/05
CINCINNATI, Nov 17, 2005 (BUSINESS WIRE) -- Pickups Plus (OTCBB:PUPS) a retail company that specializes in the aftermarket accessory and environmental protection businesses today announced that it has received its initial order for its ValuGard Environmental Protection and Car Care Products for distribution into China.
The opening order was for a total of $259,000; the company has already received 50% of the funds and will receive the remainder F.O.B. The order is expected to be shipped by month end.
The initial order is to pre-stock the locations that are currently being opened in China under the "Sino-US AutoMart" Banner. Sino-US AutoMart will start with six flagship stores in Beijing and hope to expand to 60 by the first quarter of next year.
"We are pleased to have received this initial order from our China distributor," stated Pickups Plus Chairman Merritt Jesson. "This initial sale proves to the general public that business can be done in China for real funds by companies that have a proven track record."
Investors can visit the Pickups Plus IR Hub at http://www.agoracom.com/IR/PickupsPlus, where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to email all questions and correspondence to PUPS*agoracom.com where they can also request addition to the investor email list to receive all future press releases and updates in real time.
About Pickups Plus Inc.:
Pickups Plus, Inc. (OTCBB:PUPS, www.pickupsplus.com) is a retail operator and franchiser of automotive parts and accessories stores catering to the light truck and SUV market, with five franchised locations in the U.S. and two company owned-stores. It markets and distributes the ValuGard line of professional car care and environmental protection products through its Automotive Preservation, Inc., subsidiary to automotive dealerships for new vehicle preparation, as well to detailing shops and automotive specialty stores.
For More Information Please Visit (http://www.pickupsplus.com/)
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
