STANTON, Calif., March 10 /PRNewswire-FirstCall/ -- Xtreme Companies, Inc. (OTC Bulletin Board: XTME) announced that it has acquired the exclusive marketing and distribution rights from Marine Holdings, Inc. (MHI) d/b/a Challenger Offshore, for their semi-custom "CHALLENGER" line of fiberglass boats. MHI offers a model range of 19' to 97' in length, which includes leisure, performance and fishing boats as well as motor yachts. In exchange for the exclusive rights, Xtreme paid MHI shareholders 557,275 restricted shares of Xtreme common stock. Furthermore, Xtreme retains the right to acquire 100% of the outstanding shares of MHI in 12 months in exchange for an additional 20% of the outstanding shares of Xtreme at that time. MHI generated un-audited revenue in 2004 of approximately $2 million
Posted by d6veteran on :
Nice. You catch this one early by chance?
Posted by glassman on :
'sstill way early here...
from the last 10Q....
Common stock, $.001 par value, 100,000,000 authorized, 11,075,156 and 7,118,532 issued and outstanding, respectivel Posted by Raptorsrule on :
very nice glass......
Posted by glassman on :
i thought 10 PR's was a misprint....
it's covered on every one of the "hot picks" PPR sites that i know of...LOL
Posted by d6veteran on :
quote:Originally posted by glassman:
from the last 10Q....
Common stock, $.001 par value, 100,000,000 authorized, 11,075,156 and 7,118,532 issued and outstanding, respectivel
wow. can't believe a boards aren't all over this one. that actually could be a good sign.
Posted by Peaser01 on :
wow
Posted by glassman on :
this looks a reverse merger in the making...
more from the XTME 10Q...
OVERVIEW
We design and manufacture high-performance commercial boats used by fire, police, and military personnel for fire, rescue and patrol. We are a complete design-to-manufacturing organization, creating or licensing designs, and creating tooling, molds, and parts necessary to assemble our products in-house. Our products combine innovative designs with power, safety, handling and stability to create boats designed to protect and save lives. We market our low cost, rapid response boats directly to municipalities and other government agencies, such as, fire departments, police departments, city port-authorities and the military. We did not have any revenues in the fiscal year ended December 31, 2003. Posted by Lucy Lastic on :
whats up with the bid being higher than the ask... weird, no?
Posted by Lucy Lastic on :
the answer has "hotcakes" in it, i'm guessin'....
Posted by glassman on :
i've got it at .35/.27 bid/ask now...
NITE is outside on both...
Posted by Lucy Lastic on :
i've had it stuck at 35/.33 for a while. haven't seen any .27..
Posted by glassman on :
sorry .35 /.37
i've been seeing a lot of discrepancies in real-time quotes lately..
Posted by glassman on :
looking like a good prospect for morning gap right now...
Posted by keithsan on :
nice call G missed it while at work grrrrrrr....
Posted by glassman on :
mostly the first day i own it and the last day i own it....
boat= hole in water that you keep throwing money into.....
[ March 10, 2005, 20:45: Message edited by: glassman ]
Posted by glassman on :
didn't have time to go do a lotof background on Challenger today...
[ March 10, 2005, 20:46: Message edited by: glassman ]
Posted by Mr_Pink on :
Not nearly as unwelcoming as to our little friend the ellipses...
Posted by Mr_Pink on :
Ok, I swear that what I said above made sense at the time, what happened to L.L's statement about this not being a friendly place for exclamation marks? am I going crazy? I swear it was there. Trust me, what I said was damn funny... or at lease, mildly amusing...
Posted by Mr_Pink on :
Oh crap... that should have read "At least"... I'm going to bed now...
Posted by Peaser01 on :
quote:Originally posted by glassman: i love boats...
mostly the first day i own it and the last day i own it....
boat= hole in water that you keep throwing money into.....
