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This is why there is a buzz on the boards. This news could be big. NASCAR is a huge and booming market.
Press Release Source: MotorSports Emporium Inc.
MotorSports Updates Investment Community Tuesday November 22, 1:33 pm ET Early Developments Lead to New Opportunities Including NASCAR
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Nov. 22, 2005--MotorSports Emporium Inc. (OTCBB: MSEP - News) updates shareholders on early business developments for new opportunities. ADVERTISEMENT
MotorSports Emporium Inc., under its brand name Quadriga MotorSports(TM), is in discussions with a product development company to private label the high-performance brake fluid GS610(TM) to be sold throughout the NASCAR series.
David Keaveney, president and CEO, said, "Due to confidentiality, we are unable to disclose the particulars of this exciting development other than to state that several NASCAR teams will be track testing GS610(TM). We expect a preliminary agreement to be drafted very shortly at which time more data can be released."
"Early figures, though not confirmed, are estimated to be a tanker (5,000 gallons) every quarter. With off-season track testing right around the corner, we couldn't have asked to be in a better position. This could be a very big opportunity for us and could be the stepping stone for establishing our new wholesale division for high-performance motor sports products into NASCAR," exclaimed Keaveney.
About MotorSports Emporium Inc.
MotorSports Emporium Inc. is a fast-track company in the motor sports industry targeting enthusiasts who participate in die cast collectible cars, automobile restoration, high-performance accessories, motor sports-related collectibles, automotive and racing art, driver's apparel, race venues, and product licensing. For more information, visit www.motorsportsemporium.com. For product, visit www.scalecars.com,www.driversdigs.com,www.pitstopstudios.com and www.quadrigamotorsports.com.
This news release may include forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project interests, and certain other matters. These statements are made under the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.
Contact: MotorSports Emporium Inc., Scottsdale David Keaveney, 480-596-4002 davidk*motorsportsemporium.com
-------------------- ------------------------------------------------------------ Source: MotorSports Emporium Inc. _________________
Is the run gonna peak around here or do you see more potential? Seems like it could dip soon, offering better buy in points until the next news release comes out... but I'm not sure. Would love to play this...
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I've been following MSEP since the major insider buying back in Sept '05 and noticed it has traded between .0080-.0120 until recently.
Granted the Nascar news is exactly what most people were waiting for, I see the news as soft with phrases like "a preliminary agreement" and "could be a very big opportunity for us and could be the stepping stone". In my opinion MSEP will need to act quickly to solidify the Nascar news with solid numbers, else face the pps returning to the .0060 levels. Some might even say that the PR was an attempt to keep the pps from dropping any further.
Based on the chart, the HUGE volume spike on the Nascar news is a warning sign to me. I would expect the price to retrace back to .0084ish if the stock doesn't gap and run in 11/23/05 open. Well see what 10:30 brings. Good luck to those holding and great job for those that picked up shares below .0060! Bravo!
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JoeMillion, do you believe I was bashing MSEP? I hope not, then again you are entitled to your opinion.
According to my T&S (shown below) you'll see that MSEP did in fact retrace back to .0084ish has I had suggested in my previous post. To give a newbie so much credit for controlling MSEP, well I am flattered. Please understand I am not a pumper or basher, merely another trader sharing my opinion.
Looking at today's chart its encouraging to see that MSEP did not dip below the .0080 mark, confirming the previous support level. Other positive signs include a tight spread (.0095 x .01 2x3) and the slow stoch is solid, not over extended.
It would be good for MSEP to release another NASCAR PR sharing some further projections and/or 2006 milestones the company aims to achieve; including timelines.
Keep your eye on where MSEP closes in relation to the 50 day moving average. The longer it can stay above this average, the better for everone long on the company.
quote:Originally posted by hermes: Keep your eye on where MSEP closes in relation to the 50 day moving average. The longer it can stay above this average, the better for everone long on the company.
What about for a short- to mid-term play.... Anyone care to estimate the ideal new entry point and most realistic exit point here -- and a quick buy/sell timeline -- all things considered?
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Lucas, I am not a licensed broker and cannot give buy, sell, or hold recommendations. That said, I believe traders will attempt to continue their flipping between .0080 and .012. This of course is barring any decient news Monday or Tuesday. If the stock breaks the 200 day moving average it could see .03/.05.
In order for the company to begin and maintain its long awaited move up, MSEP must do 2 things. 1) Report strong audited earnings to the good and 2) continue securing financial commitments for their products.
I have played MSEP for some nice profits, and will continue to patiently await the right moment to buy back in. Good luck to all.
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this news didn't get the attention it deserve (GOING RETAIL MEANS $$$)
MotorSports Emporium Inc. (MSEP) announces today that it has established a full sales and marketing department for international distribution of its Quadriga MotorSports(TM)-branded products. Its initial objective is to create a significant "best of breed" brand and further penetrate the lucrative auto supply chains to sell its GS610(TM) high-performance brake fluid. The sales and marketing department will be led by the newly hired national sales manager.
David Keaveney, president and CEO of MotorSports Emporium Inc., said, "Under the Quadriga MotorSports(TM) brand we are building an entire division based upon motor sports-related products, parts and accessories. Our national sales manager will lead a sales force to penetrate the nationwide auto supply chains and independent speed shops. Our distribution targets include the largest and best-known stores within the motor sports industry. Collectively these conglomerates have over 4,000 locations and are no doubt principal players throughout the motor sport circuits producing billions in revenue from loyal fans.
"Hiring a national sales manager allows our key executives to leverage their time to further develop the organization, generate revenue-producing opportunities and grow our existing divisions. In the end, our mission is delivering numbers, and when you really think about it, it's our relationships and key decision makers (within the motor sports industry) that could virtually have GS610(TM) coming to a store near you," Keaveney concluded.
Quadriga MotorSports'(TM) sales and distribution strategy is to create an international network of retailers, wholesalers and distributors. These relationships will be maintained by an active in-house sales force and relationships with industry independent representatives known as jobbers.
Quadriga MotorSports'(TM) marketing strategy is to establish a communication channel to auto parts buyers around the world. Through our strategic relationships with key motor sports personalities we intend to parallel their "superstar" brand with ours. Further, when a consumer thinks of braking performance, GS610(TM) will be top of mind and the brand of choice. Quadriga intends to continue looking for key motor sports endorsements of its products and using those endorsements as a beacon to guide consumers to its brands.
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Press Release Source: MotorSports Emporium Inc.
Quadriga MotorSports(TM) Highlights GS610(TM) Brake Fluid Friday December 2, 11:14 am ET 'The Light Turns Green for Retailers to Begin Selling GS610(TM)'
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Dec. 2, 2005--Quadriga MotorSports(TM), a division of MotorSports Emporium Inc. (OTCBB: MSEP - News), announced today it is readying retailers, distributors and other key supply chain vendors for the sale of GS610(TM) to the discriminating auto parts consumer. ADVERTISEMENT
GS610(TM) brake fluid is a best-of-breed product "geared" specifically for performance-minded consumers. Consumers are spending billions of dollars upgrading engines, chassis, and other performance-oriented parts annually. Now these same consumers have a high-performance alternative to upgrade the most important piece of safety equipment in their car -- their brakes.
GS610(TM) is the official brake fluid of the Snap-on Stars of Karting -- Presented by the IRL and is scheduled for testing by several well-known NASCAR teams, including the Craftsman Truck Series. Additionally, GS610(TM) is in negotiations with a NASCAR-sanctioned stock car team to be their official brake fluid. With endorsements from IRL driver Bryan Herta and 2005 IRL Series champions Andretti Green Racing, GS610(TM) is well on its way to being a common fixture in and around the racing paddock.
GS610(TM) offers the following benefits to consumers looking for high-performance braking capabilities: (1) Extremely high boiling point -- on par with the best silicone-based fluids; (2) Low vapor rate -- virtually eliminates vapor lock in the braking system; (3) Low hydroscopic nature (low tendency to absorb water from surrounding air) -- provides heightened resistance to corrosion and superior brake performance over a longer life cycle (ideal for both high-performance and collector vehicles); (4) Extremely low compressibility -- for more consistent pedal feel and brake performance and (5) Very competitive price points -- designed specifically to be a premier product on the market for the price... hands down.
GS610(TM) is a glycol-based high-performance brake fluid that greatly exceeds the DOT 4 requirement of 446 degrees F (230 degrees C), qualifying GS610(TM) brake fluid as a maximum-performance brake fluid, suitable for any condition where extreme braking is required.
GS610(TM) has a maximum-tested Dry Boil Point or Equilibrium Reflux Boiling Point (ERBP) of 626 degrees F (330 degrees C) with a Wet Boiling Point or Wet Equilibrium Reflux Boiling Point (Wet ERBP) of 417 degrees F (214 degrees C) which also greatly exceeds the DOT 4 requirement of 311 degrees F (155 degrees C).
GS610(TM) brake fluid meets and/or exceeds all current U.S. Federal Motor Vehicle Safety Standards (FMVSS 116) for DOT 3, DOT 4, and the Society of Automotive Engineers (SAE) J1703 and J1704. GS610(TM) brake fluid is suitable for all disc and drum brake systems with the exception of those for which mineral oil is stipulated.
GS610(TM) has an information Web site with specifications and product information for both retailers and consumers at www.quadrigamotorsports.com.
Retailers and distributors interested in selling GS610(TM) should call the sales department at 866-369-0821 or e-mail sales*quadrigamotorsports.com. A full sales kit is available for fax, e-mail or postal delivery.
About Quadriga MotorSports(TM)
Quadriga MotorSports(TM) is a division of MotorSports Emporium, Inc, a full reporting company, publicly traded under the symbol MSEP. Quadriga MotorSports(TM) is in the business of manufacturing, marketing and distributing unique, high-end automotive performance parts. The Quadriga brand represents best-of-breed quality and high-performance automotive products. Quadriga MotorSports(TM)' flagship product is the GS610(TM) brake fluid.
About MotorSports Emporium Inc.
MotorSports Emporium Inc. is a fast-track company in the motor sports industry targeting enthusiasts who participate in die cast collectible cars, automobile restoration, high-performance accessories, motor sports-related collectibles, automotive and racing art, driver's apparel, race venues and product licensing.
This news release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.
Contact: MotorSports Emporium Inc., Scottsdale David Keaveney, 480-596-4002 davidk*motorsportsemporium.com
-------------------------------------------------------------------------------- Source: MotorSports Emporium Inc.
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Joe & company, Its important to recognize this stock for what it is and nothing more.
I would expect MSEP to test .0055 one to two times more before another solid run. If significant news (NASCAR agreement being finalized) is not released by the company; the stock might even see .0048/.0045 levels.
Keep in mind when the company released its 3rd Quarter earnings on 11/15/05 the stock only gained approx 10% (.0075-.0085)
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