This is topic DJRT - Dale Jarrett Racing Next Winner in forum Hot Stocks Free for All ! at Allstocks.com's Bulletin Board.


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Posted by stocktrader22 on :
 
I brought you DKAM now I bring you DJRT. Nascar is becoming more popular as time goes by. Celebrity plays are good. Of course this isn't going to be as explosive as DKAM, but check recent change in price and nice increase in volume. Revenues will be good this year as Talladega track wasnt open till 4th quarter last year, their most famous track. I believe this is a winner. Patience required.
 
Posted by Repoman75 on :
 
Post the relevant data:
-Financials
-Share structure
-Insider transactions
-Short position
 
Posted by stocktrader22 on :
 
be back later tonight...then i will

O/S 19mill
float 8 mill
 
Posted by stocktrader22 on :
 
Okay stealing some of the DD from Rawnoc on IHUB as well as others. Do your DD...looks like the time has come for this one IMO.

The company is a unique idea with a lot of potential interest in it.

"(2) The last 2 quarters of reported profits were for small amounts not even adding up to .01 EPS. The 4th quarter, however, includes their best track and best revenue/profit source that finally got finished being repaved just before the 4th quarter began. Which is why the 4th quarter will be a monster one and 2007 should post nice profits all year IMO.

(3) They've already preannounced that 2006 was a profitable, record year. In order for 2006 to be profitable, the 4th quarter had to make up for the losses in the 1st quarter which means if 2006 was merely break-even, the 4th quarter profits will be .01 EPS. Based on that minimum fact, the PRs that include the huge sales experienced in the 4th quarter and the lowering of fuel prices (their main gross costs) and the lowering of SG&A - I think the EPS in the 4th quarter will be .02 - .03+ or better which is enormous for 1 quarter of a .38 stock.

(4) Up until the last year quarter, their business was rapidly growing but they were still reporting losses. They've been kicking butt since the year ago quarter and will report a nice profit this time around so I don't think it will sell off with the report. In fact, I think just the opposite will occur."


"Dale Jarrett Racing Adventure, Inc.

OS: 19.36 mil
Float: 9.17 mil
Website – http://www.racingadventure.com

Founded by Dale and Ned Jarrett who are still actively involved as well as Green bay Packers Brett Favre and NASCAR driver Joe Nemecheck who are original investors & current big shareholders along with the founder CEO, formally an executive from IBM.

--full year 2006 announced recently that it will be profitable. 3rd quarter in a row of profitability but for 2006 to be profitable, the 4th Q report must be a monster, with an absolute minimum of +.01 EPS in order to achieve this. EPS might be reported as .02-.03+ for the quarter (which is insane for a .33 stock) since sales for one weekend in Oct. was equal to 50% of the entire quarter last year
--SG&A costs have been shrinking shrinking even while sales climb
--gross margins healthy and have benefited from cheaper fuel prices
--2007 events already starting to sell out
--mega expansion plans of the proven profitable concept
--dilution has been minimal since it began trading 7 years ago

KEY RECENT PRs:

1/9/07 - "our first profitable year...2006"
http://www.investorshub.com/boards/read_msg.asp?message_id=16644606

11/28/06 - "Dale Jarrett Racing Adventure Doubles Corporate Event Revenue."
http://www.investorshub.com/boards/read_msg.asp?message_id=16644608

10/24/06 - "...earned a record $285,000 in total revenue last weekend ... A few years ago $300,000 was a great quarter, now it is a good weekend, the growth is exciting"
http://www.investorshub.com/boards/read_msg.asp?message_id=16644610

Another hint about 4th quarter...
9/30/05 -- "Deferred revenue 436,807"
9/30/06 -- "Deferred revenue 694,020" <~~~ 59% increase

Their Talladega Superspeedway racetrack, the best one they have, was closed most of 2006 until the 4th quarter. The 4th quarter 2006 and the fully year 2007 are shaping up for some incredible sales and earnings. I wouldn't be surprised if they earn .10 to .15 EPS in 2007. PE of 20 = $2.00 to $3.00
http://www.talladegasuperspeedway.com/news/track_news/522290.html

Here is a link on the Dale Jarrett fan club site. Note that many of the events last year were sold out as early as May 30th.
http://www.dalejarrett.com/news.asp?Mode=ShowOne&NewsID=329&category=latest_news

I think DJRT will earn .05 to .10 in 2007 with a 20 PE ratio is a target of $1 - $2."
 
Posted by Repoman75 on :
 
I'm in, going in long on this... may add it to my pick of '07.
 
Posted by stocktrader22 on :
 
'Atta boy Repo...

I think we see $1.50+ end of year.

reminds me of a uwnk setup.
 
Posted by Repoman75 on :
 
quote:
Originally posted by stocktrader22:
'Atta boy Repo...

I think we see $1.50+ end of year.

reminds me of a uwnk setup.

Hahaha... stop repeating those Ihub clowns word for word! Unless... are you Rawnoc?!

Let's do our own DD and give our own estimates.
 
Posted by stocktrader22 on :
 
What I love about it is you can see how the company is progressing by checking their schedule and see how early some of the events get sold out.
 
Posted by a surfer on :
 
hey can I join the fun??
 
Posted by Repoman75 on :
 
Of course... we're ALL here to make MONEY!
 
Posted by stocktrader22 on :
 
It did double just recently so it may retrace...but hell I don't care I am in and will add later if it dips. I see this as a great non risky play for 2007. Solid players in this one.
 
Posted by a surfer on :
 
ST22 I saw the P.R. on Microcap and didn't pay any attn. to it a couple weeks back.

I am holding off on entry for a bit...
 
Posted by Repoman75 on :
 
quote:
Originally posted by a surfer:
ST22 I saw the P.R. on Microcap and didn't pay any attn. to it a couple weeks back.

I am holding off on entry for a bit...

That's what I said about DKAM at $1.30... ended up buying in the 1.80's!
 
Posted by Fergy on :
 
Do you guys honestly think this isn't going to retrace some? All of the indicators I go by say it is overbought. But whatever, good luck just be careful.
 
Posted by Repoman75 on :
 
quote:
Originally posted by Fergy:
Do you guys honestly think this isn't going to retrace some? All of the indicators I go by say it is overbought. But whatever, good luck just be careful.

Here we go again.. didn't you say FRPT was going back to $14 when it was %16 and hit $24?
 
Posted by Repoman75 on :
 
I will be loading up shortly... love this.
 
Posted by IMAKEMONEY on :
 
IM IN [Razz] [Razz] [Razz] [Razz] [Razz] [Razz]
 
Posted by IMAKEMONEY on :
 
DJRT:US
Dale Jarrett Racing Adventure Inc

Industry: Schools
Add Security to your Watch List


01/31 15:59 OTC BB Currency: USD


Price
0.420 Change
0.040
% Change
10.526
Bid
0.410 Ask
0.420 Open
0.399
Volume
584,629 High
0.420 Low
0.360 52-Week High
0.84
(02/15/06) 52-Week Low
0.12
(12/18/06) 1-Yr Return
-43.243%


EARNINGS


Earnings
Past 12 Months
N.A. Quarter Est.
EPS()
N.A. Quarter Est.
EPS()
N.A. Year Est.
EPS()
N.A.
Price/Earnings
(Trailing)
N.A. Relative
P/E
N.A. Earnings
Growth Rate
N.A. Estimated
P/E
N.A.


FUNDAMENTALS


Shares
(Millions)
19.362 Market Cap
(Millions)
8.132 Float
(Millions)
19.362 Return on
Equity
N.A.
Short
Interest
N.A. Last Dividend
Reported
N.A. Dividend Yield
(Trailing 12mo.)
N.A. Relative
Dividend Yield
N.A.
 
Posted by IMAKEMONEY on :
 
DJRT - DALE JARRETT RACING (OTCBB)

Date Open High Low Last Change Volume % Change
01/31/07 0.3990 0.4200 0.3600 0.4200 +0.0400 584629 +10.53%

Composite Indicator
Trend Spotter TM Buy

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy

Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 86246

Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy

Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 48355

Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy

Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 29371

Overall Average: 100% - Buy

Price Support Pivot Point Resistance

0.4200 0.3400 0.4000 0.4600
 
Posted by IMAKEMONEY on :
 
DALE JARRETT RACG ADVEN (OBB : DJRT)

QUOTE: DALE JARRETT RACG ADVEN (OBB : DJRT)

*Market Closed
Last Trade Time : Jan 31, 2007 15:59:00 EST Refresh
Last Sale
0.4200 Open 0.3990

Change 0.040 Prev. Close 0.3800

% Change 10.53% Tick Type UP

Volume 584,629 Shares (last trade) 1,000

Day High 0.4200 52 Week High 0.8400

Day Low 0.3600 52 Week Low 0.1200

Bid 0.4100 Ask 0.4200

Bid Size 5,000 Ask Size 5,000

# Trades N/A Industry Business Services


Fundamental Data
P/E -19.0000 Market Cap (m) 8.13

Earnings/Share -0.0200 Shares Out. (m) 19.36

Dividend per share N/A Exchange OBB

Current Div. Yield N/A Ex Dividend Date N/A


NYSE and AMEX data delayed 20 min. All other exchanges delayed 15 min



PRESS RELEASES: DALE JARRETT RACG ADVEN (OBB : DJRT)


Dale Jarrett Racing Adventure Celebrating Great Holiday Season Tuesday, January 09, 2007
Jan 9, 2007 9:47:00 AM

Dale Jarrett Racing Adventure Doubles Corporate Event Revenue
Nov 28, 2006 9:47:00 AM
 
Posted by IMAKEMONEY on :
 
DJRT -- Dale Jarrett Racing Adventure, Inc.
Com (1 Cent)

Search for Dun & Bradstreet reports on this company.

Address:
3604 Denver Drive
Denver, NC 28037
USA


Website: http://www.racingadventure.com
Phone: 888-467-2231


Business Description: Not Available

Primary State of Incorporation: Florida


Country of Incorporation: USA


Officers:
Timothy Shannon, President/CEO/CFO; Glenn Jarrett, COO

Outstanding Shares: 18,151,876 as of 2004-12-31

Estimated Market Cap: Not Available


Current Capital Change:

Dividends:

Company Notes:
Formerly=Jarrett/Favre Driving Adventure, Inc. (The) until 7-03


Transfer Agent:
Florida Atlantic Stock Transfer, Inc., Tamarac, FL 33321
 
Posted by IMAKEMONEY on :
 
TRADE NOW!




DJRT -- Dale Jarrett Racing Adventure, Inc.
Com (1 Cent)

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-QSB

[x] Quarterly Report Pursuant to Section 13 or 15(d) Securities
Exchange Act of 1934 for Quarterly Period Ended September 30, 2006

-OR-

[ ] Transition Report Pursuant to Section 13 or 15(d) of the
Securities And Exchange Act of 1934 for the transaction period from
_________ to________

Commission File Number 333-39942

Dale Jarrett Racing Adventure, Inc.
(Exact name of registrant as specified in its charter)


FLORIDA 59-3564984
-----------------------------------------------------------------------
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization Identification Number)

120 A North Main Avenue, Newton, NC 28658
--------------------------------------------------------------------
(Address of principal executive offices, Zip Code)

(888) 467-2231
------------------------------------------
(Registrant's telephone number, including area code)




Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes [ X ] No [ ]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes [ ] No [ x ]

The number of outstanding shares of the registrant's common stock, September 30, 2006: Common Stock - 19,362,376

Transitional Small Business Disclosure Format (Check one):

Yes [ ] No [ x ]


--------------------------------------------------------------------------------

PART I -- FINANCIAL INFORMATION

Dale Jarrett Racing Adventure, Inc.

Item 1. Financial Statements

Balance Sheet,
September 30, 2006(unaudited)
Statements of Operations for the
Three months and
Nine months ended
September 30, 2006 and 2005


(unaudited)


Statements of Cash Flows for the
Nine months ended September 30, 2006
and 2005 (unaudited)
Notes to financial statements


--------------------------------------------------------------------------------

Dale Jarrett Racing Adventure, Inc. Balance Sheet September 30, 2006


(Unaudited)

ASSETS


Current assets:
Cash $ 186,710
Inventory 3,061
Prepaid expenses and other current assets 165,326
----------
Total current assets 355,097
----------

Property and equipment, at cost, net of
accumulated depreciation 245,280
----------
$ 600,377
==========




LIABILITIES AND STOCKHOLDERS' (DEFICIT)


Current liabilities:
Note payable $ 60,061
Current portion of long-term debt 24,161
Accounts payable 133,695
Accrued expenses 86,207
Accrued salaries - officers 137,285
Deferred revenue 694,020
Shareholder advances 290,234
----------
Total current liabilities 1,425,663
----------

Long-term debt 17,785
----------

Stockholders' (deficit):
Common stock, $.01 par value, 100,000,000 shares
authorized, 19,362,376 shares issue and outstanding 195,679
Additional paid-in capital 4,047,212
Deferred services (60,250)
Accumulated (deficit) (5,025,712)
----------
(843,071)
----------
$ 600,377
==========




See accompanying notes to financial statements.


--------------------------------------------------------------------------------

Dale Jarrett Racing Adventure, Inc. Statements of Operations For The Three Months and Nine Months Ended September 30, 2006 and 2005


(Unaudited)


Three Months Nine Months
2006 2005 2006 2005
---------- ---------- ---------- ----------
Sales $ 629,895 $ 470,657 $1,346,817 $1,253,390
Cost of sales and services 277,502 274,656 619,221 722,759
---------- ---------- ---------- ----------
Gross profit 352,393 196,001 727,596 530,631
---------- ---------- ---------- ----------
Expenses
General and administrative ?
non cash stock compensation 64,889 90,400 94,139 102,400
General and administrative 213,134 227,011 753,724 730,161
---------- ---------- ---------- ----------
278,023 317,411 847,863 832,561
---------- ---------- ---------- ----------

Income (loss) from operations 74,370 (121,410) (120,267) (301,930)
---------- ---------- ---------- ----------

Other income and (expense):
Interest income 949 - 2,397 -
Other income 1,195 - 1,645 404
Interest expense (5,591) (8,029) (19,059) (19,199)
---------- ---------- ---------- ----------
(3,447) (8,029) (15,017) (18,795)
---------- ---------- ---------- ----------

Income (Loss) before taxes 70,923 (129,439) (135,284) (320,725)
Income taxes - - - -
---------- ---------- ---------- ----------

Net income (loss) $ 70,923 $ (129,439) $ (135,284) $ (320,725)
========== ========== ========== ==========

Per share information:
Basic and diluted income
(loss) per share $ 0.00 $ (0.01) $ (0.01) $ (0.02)
========== ========== ========== ==========

Weighted average shares outstanding 19,297,561 18,466,543 19,135,215 18,288,765
========== ========== ========== ==========




See accompanying notes to financial statements.


--------------------------------------------------------------------------------

Dale Jarrett Racing Adventure, Inc. Statements of Cash Flows For the Nine Months Ended September 30, 2006 and 2005


(Unaudited)

2006 2005
---------- ----------
Net cash provided by (used in) operating
activities $ 38,918 $ (185,181)
---------- ----------

Cash flows from investing activities:
Acquisition of plant and equipment (88,735) (8,946)
---------- ----------
Net cash (used in) financing activities (88,735) (8,946)
---------- ----------

Cash flows from financing activities:
Repayment of officer advance - (35,000)
Repayment of notes payable (57,939) (7,000)
Repayment of long-term debt (19,110) (26,070)
---------- ----------
Net cash (used in) financing activities (77,049) (68,070)

(Decrease) in cash (126,866) (262,197)
---------- ----------

Cash and cash equivalents,
beginning of period 313,576 263,200
---------- ----------
Cash and cash equivalents, end of period $ 186,710 $ 1,003
========== ==========




See accompanying notes to financial statements.


--------------------------------------------------------------------------------

DALE JARRETT RACING ADVENTURE, INC.

NOTES TO FINANCIAL STATEMENTS
SEPTEMBER 30, 2006
(UNAUDITED)

(1) Basis Of Presentation

The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) for interim financial information and Item 310(b) of Regulation S-B. They do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair presentation have been included.

The results of operations for the periods presented are not necessarily indicative of the results to be expected for the full year. For further information, refer to the financial statements of the Company as of and for the year ended December 31, 2005, including notes thereto included in the Company?s Form 10-KSB.

(2) Earnings Per Share

The Company calculates net income (loss) per share as required by Statement of Financial Accounting Standards (SFAS) 128, "Earnings per Share." Basic earnings (loss) per share is calculated by dividing net income (loss) by the weighted average number of common shares outstanding for the period. Diluted earnings (loss) per share is calculated by dividing net income (loss) by the weighted average number of common shares and dilutive common stock equivalents outstanding. During periods when anti-dilutive commons stock equivalents are not considered in the computation.

(3) Inventory

Inventory is valued at the lower of cost or market on a first-in first- out basis and consists primarily of finished goods and includes primarily promotional items that bear the Company?s logo.

(4) Stockholdes? Equity

During the period ended September 30, 2006, the Company issued 568,055 shares of common stock for services. The shares were valued at their fair market value of $94,139. In addition, the Company issued 200,000 shares of common stock subscribed for at December 31, 2005.


--------------------------------------------------------------------------------

(5) Basis of Reporting

The Company?s financial statements are presented on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business.

The Company has experienced a significant loss from operations as a result of its investment necessary to achieve its operating plan, which is long-range in nature. From inception to September 30, 2006, the Company incurred net losses of $5,025,712 and for the nine months ended September 30, 2006, the Company incurred a net loss of $135,284. In addition, the Company has working capital and stockholder deficits of $1,070,566 and $843,071 at September 30, 2006.

The Company?s ability to continue as a going concern is contingent upon its ability to attain profitable operations and secure financing. In addition, the Company?s ability to continue as a going concern must be considered in light of the problems, expenses and complications frequently encountered by entrance into established markets and the competitive environment in which the Company operates.

The Company is pursuing equity financing for its operations. Failure to secure such financing or to raise additional capital or attain materially profitable operations may result in the Company depleting its available funds and not being able pay its obligations.

The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the possible inability of the Company to continue as a going concern.


--------------------------------------------------------------------------------

ITEM 6. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

Trends and Uncertainties. Demand for the Corporation's products are dependent on, among other things, general economic conditions that are cyclical in nature. Inasmuch as a major portion of the Corporation's activities are the receipt of revenues from its driving school services and products, the Corporation's business operations may be adversely affected by the Corporation?s competitors and prolonged recessionary periods.

There are no known trends, events or uncertainties that have or are reasonably likely to have a material impact on the corporation?s short term or long term liquidity. Sources of liquidity both internal and external will come from the sale of the corporation?s products as well as the private sale of the Corporation?s stock. There are no material commitments for capital expenditure at this time. There are no trends, events or uncertainties that have had or are reasonably expected to have a material impact on the net sales or revenues or income from continuing operations. There are no significant elements of income or loss that do not arise from the Corporation?s continuing operations. There are no known causes for any material changes from period to period in one or more line items of the corporation?s financial statements.

The Corporation currently has classes planned through December 2006.

Capital and Source of Liquidity. The Corporation currently has no material commitments for capital expenditures. The Corporation has no plans for future capital expenditures such as additional race cars at this time.

The Corporation believes that there will be sufficient capital from revenues to conduct operations for the next twelve(12) months.

Presently, the Corporation?s revenue comprises one hundred(100) percent of the total cash necessary to conduct operations. Future revenues from classes and events will determine the amount of offering proceeds, if any, necessary to continue operations. The board of directors has no immediate offering plans in place. The board of directors shall determine the amount and type of offering as the Corporation's financial situation dictates.

The Corporation had cash and cash equivalents at September 30, 2006 of $186,710 compared to $1,003 at September 30, 2005. The increase in cash and cash equivalents at September 30, 2006 compared to December 31, 2005 was due principally to the net income for the period and the repayment of notes and other debt and the acquisition of equipment.

For the nine months ended September 30, 2006, the Corporation acquired plant and equipment of $88,735 resulting in net cash used in investing activities of $88,735.


--------------------------------------------------------------------------------

For the nine months ended September 30, 2005, the Corporation acquired plant and equipment of $8,946 resulting in net cash used in investing activities of $8,946.

The Corporation was able to repay some its outstanding debt. For the nine months ended September 30, 2006, the Corporation did not make any officer advance repayment compared to a $35,000 repayment for the nine months ended September 30, 2005. Additionally, the Corporation repaid notes payable of $57,939 and repaid long-term debt of $19,110 compared to $7,000 and $26,070, respectively for the nine months ended September 30, 2005. As a result, the Corporation had net cash used in financing activities of $77,049 for the nine months ended September 30, 2006 compared to $68,070 for the nine months ended September 30, 2005.

On a long term basis, liquidity is dependent on continuation of operation and receipt of revenues.

Results of Operations.

For the three months ended September 30, 2006, the Corporation had sales of $629,895 with cost of sales of $277,502 for a gross profit of $352,393. Comparatively, for the three months ended September 30, 2005, the Corporation had sales of $470,657 with cost of sales of $274,656 for a gross profit of $196,001.

For the three months ended September 30, 2006, the Corporation had general and administrative expenses of $213,134 and non cash stock compensation of $64,889 compared to $227,011 and $90,400, respectively for the same period in 2005. The amount of general and administrative expenses decreased slightly for the three months ended September 30, 2006 compared to the same period in 2005 due mainly to a decrease in non-cash stock compensation.

For the nine months ended September 30, 2006, the Corporation had sales of $1,346,817 with cost of sales of $619,221 for a gross profit of $727,596. Comparatively, for the nine months ended September 30, 2005, the Corporation had sales of $1,253,390 with cost of sales of $722,759 for a gross profit of $530,631.

For the nine months ended September 30, 2006, the Corporation had general and administrative expenses of $753,724 and non cash stock compensation of $94,139 compared to $730,161 and $102,400, respectively for the same period in 2005. The amount of general and administrative expenses decreased slightly for the nine months ended September 30, 2006 compared to the same period in 2005 due mainly to a decrease in non-cash stock compensation.

Plan of Operation. The Corporation may experience problems; delays, expenses and difficulties sometimes encountered by an enterprise in the Corporation?s stage, many of which are beyond the Corporation?s control. These include, but are not limited to, unanticipated problems relating to additional costs and expenses that may exceed current estimates and competition.


--------------------------------------------------------------------------------

The Corporation is not delinquent in any of its obligations even though the Corporation has generated limited operating revenues. The Corporation intends to market its products and services utilizing current revenues and cash made available from the private sale of its securities, if any.

The Corporation's management is of the opinion that its revenues and the proceeds of the sales of its securities, if any, will be sufficient to pay its expenses for the next twelve months.

Our auditors have expressed reservations concerning our ability to continue as a going concern. The Corporation has incurred significant losses from operations and has working capital and stockholder deficiencies. These factors raise substantial doubt about our ability to continue as a going concern.

Our ability to continue as a going concern is contingent upon our ability to secure additional financing, increase ownership equity and attain profitable operations. In addition, the Corporation's ability to continue as a going concern must be considered in light of the problems, expenses and complications frequently encountered by entrance into established markets and the competitive environment in which the Corporation operates.

The Corporation is pursuing financing for its operations and seeking additional private investments. In addition, the Corporation is seeking to expand its revenue base. Failure to secure such financing or to raise additional equity capital and to expand its revenue base may result in the Corporation depleting its available funds and not being able pay its obligations.

Item 3. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Our management, under the supervision and with the participation of our chief executive officer, conducted an evaluation of our "disclosure controls and procedures" (as defined in Securities Exchange Act of 1934 (the "Exchange Act") Rules 13a-14(c)). Based on his evaluation, our chief executive officer and chief financial officer have concluded that as of the Evaluation Date, our disclosure controls and procedures are effective to ensure that all material information required to be filed in this quarterly report on Form 10QSB has been made known to him in a timely fashion.

Changes in Internal Controls

There have been no significant changes (including corrective actions with regard to significant deficiencies or material weaknesses) in our internal controls or in other factors that could significantly affect these controls subsequent to the Evaluation Date set forth above.


--------------------------------------------------------------------------------

PART II - OTHER INFORMATION

Item 1. Legal Proceedings. Not applicable.

Item 2. Changes in Securities and Use of Proceeds.
The Corporation issued 162,500 shares of common stock for services. The shares were valued at their fair market value of $29,250. In addition, the Corporation issued 200,000 shares of common stock subscribed for at December 31, 2005.

Item 3. Defaults Upon Senior Securities.
not applicable.

Item 4. Submission of Matters to a Vote of Security Holders.
not applicable.

Item 5. Other Information. Not applicable.

Item 6. Exhibits and Reports on Form 8-K.

(a) Reports on Form 8-K. none
(b) Exhibits. none

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.

Dated: November 13, 2006

Dale Jarrett Racing Adventure, Inc.

By /s/ Timothy B. Shannon
------------------------
Timothy B. Shannon
President and Director




--------------------------------------------------------------------------------


302 CERTIFICATION

I, Timothy B. Shannon, certify that:

1. I have reviewed the quarterly report on Form 10-QSB of Dale Jarrett Racing Adventure, Inc.;

2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 12a-14) and internal controls over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to me by others within those entities, particularly during the period in which this quarterly report is being prepared;

b) evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this quarterly report (the "Evaluation Date"); and

c) presented in this quarterly report my conclusions about the effectiveness of the disclosure controls and procedures based on my evaluation as of the Evaluation Date;

5. I have disclosed, based on my most recent evaluation, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):

a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls over financial reporting.

Date: November 13, 2006 /s/Timothy B. Shannon
----------------------------
Timothy B. Shannon
Chief Executive Officer
Chief Financial Officer




--------------------------------------------------------------------------------


CERTIFICATION PURSUANT TO


18 U.S.C. SECTION 1350
AS ADOPTED PURSUANT TO


SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

The undersigned officer of Dale Jarrett Racing Adventure, Inc. (the "Company"), hereby certifies, to such officer's knowledge, that the Company's Quarterly Report on Form 10-QSB for the nine months ended September 30, 2006 (the "Report") fully complies with the requirements of Section 13(a) of the Securities Exchange Act of 1934 and that the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ Timothy B. Shannon
----------------------
Timothy B. Shannon
Chief Executive Officer
Chief Financial Officer
November 13, 2006
 
Posted by IMAKEMONEY on :
 
Home Latest Filings Latest Buys Latest Sells Institutions Derivatives Hot Buys Data Screener Email Alerts Insider Charts

DJRT - As of 01/31/07, 07:32:03 PM: 21 Insider Transactions.

Sector: Services Industry: Business Services
Prev Close:$0.38 Avg Vol(3m): 29,611 P/E: 0.00 EPS: -0.01
Email this page to a friend. Institional Transactions for DJRT
Buy: Blue Sell: Red

Buy(P) /
Sell(S) P/S date Filed Date Company Symbol Insider Relationship Share Amt. Unit Price Total Proceeds Shares Owned Return(1m) Details
S 2004-02-10 2004-02-12 14:49:32 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 5,000 $0.36 $1,800.00 3,454,060 -5.56% view
S 2004-02-11 2004-02-12 14:49:32 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 5,000 $0.32 $1,600.00 3,449,060 -18.75% view
S 2004-02-12 2004-02-12 14:49:32 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 5,000 $0.31 $1,550.00 3,444,060 -12.90% view
S 2003-07-01 2004-02-06 14:27:55 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 5,000 $0.40 $2,000.00 3,901,760 12.50% view
S 2003-08-04 2004-02-06 14:27:55 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 4,000 $0.35 $1,400.00 3,897,760 -2.86% view
S 2003-08-05 2004-02-06 14:27:55 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 3,200 $0.35 $1,120.00 3,894,560 5.71% view
S 2003-10-31 2004-02-06 14:27:55 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 3,500 $0.44 $1,540.00 3,891,060 36.36% view
S 2003-11-07 2004-02-06 14:27:55 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 3,500 $0.34 $1,190.00 3,887,560 17.65% view
S 2003-11-13 2004-02-06 14:27:55 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 6,000 $0.37 $2,220.00 3,881,560 18.92% view
S 2003-11-17 2004-02-06 14:27:55 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 3,500 $0.32 $1,120.00 3,878,060 -9.38% view
S 2003-12-03 2004-02-06 14:27:55 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 4,000 $0.28 $1,140.00 3,874,060 -5.26% view
S 2003-12-16 2004-02-06 14:27:55 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 4,000 $0.30 $1,200.00 3,870,060 0.00% view
S 2003-12-23 2004-02-06 14:27:55 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 4,000 $0.30 $1,200.00 3,866,060 -16.67% view
S 2004-01-09 2004-02-06 14:27:55 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 4,000 $0.30 $1,200.00 3,862,060 -16.67% view
S 2004-02-04 2004-02-06 14:04:01 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 5,000 $0.36 $1,800.00 3,459,060 0.00% view
S 2004-02-02 2004-02-04 12:35:05 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 5,000 $0.40 $2,000.00 3,814,060 0.00% view
S 2004-02-02 2004-02-04 12:35:05 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 200,000 $0.10 $20,000.00 3,614,060 -300.00% view
S 2004-02-02 2004-02-04 12:35:05 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 150,000 $0.01 $1,500.00 3,464,060 -3,900.00% view
S 2004-01-27 2004-01-29 14:39:45 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 10,000 $0.40 $4,000.00 3,819,060 5.00% view
S 2004-01-14 2004-01-16 18:05:02 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 23,000 $0.32 $7,360.00 3,839,060 -0.00% view
S 2004-01-15 2004-01-16 18:05:02 DALE JARRETT RACING ADVENTURE INC DJRT ROSENBLOOM BRIAN C director 10% owner 10,000 $0.32 $3,200.00 3,829,060 -0.00% view
* Filed by insider as open market transaction, but marked as private transaction by insidercow's proprietary method NOTHING BUT BLUE!!! [Eek!]
 
Posted by IMAKEMONEY on :
 
The Dale Jarrett Racing Adventures (DJRT)
Outstanding Shares 18,000,000
Estimated Float 5,000,000 shares


DJRA is the closest thing to becoming a real NASCAR driver.
The Dale Jarrett Racing Adventure, Inc. (OTC BB: DJRT) was created to fill the public's need for a racing school that provided adventure, excitement and most importantly SPEED! The founders of DJRT have assembled the finest and most authentic equipment available, a staff of dedicated racing professionals to create the fastest and most realistic NASCAR racing experience in the world.

DJRT is the only publicly traded driving school and is dedicated to increasing our shareholders' investment value.

To view DJRT Stock Quote, click here.
To view DJRA Financial's, click here.

To obtain an Investor Executive Summary from DJRT, click here.

1-888-GO-RACE-1
Dale Jarrett Racing Adventure
120A North Main Avenue
Newton, NC 28658
828.466.8837 local

The racing know how of the Jarrett family is the backbone of each event. Click above to play.
Early in October 1998 former IBM executive Tim Shannon approached Dale and Ned Jarrett with a unique business venture. Create an authentic racing adventure where the public could enjoy hands on the sport the Jarrett family has loved for generations. It wasn't long before they formed an investment group made up of Dale and Ned, Green bay Packers quarterback Brett Favre, and fellow NASCAR driver Joe Nemechek.
By November the group formally incorporated and hosted their first racing school program on July 4, 1999 in Rockingham, NC. The idea of a truly authentic racing adventure was met with immediate enthusiasm, and the company started trading publicly in June of 2000. Since opening, The Dale Jarrett Racing Adventure has focused on client interaction and
Tim Shannon and his staff make sure you have the adventure to remember.
safety successfully hosting over 30,000 events without one injury to drivers or staff. DJRA has also held over 350 exciting corporate and private events.

The company continues to grow, bringing the "thrill ride" of a lifetime to a wider audience. In January 2006, The Dale Jarrett Racing Adventure moved into a new primary vehicle care center in Talledega, AL.
 
Posted by a surfer on :
 
http://stockcharts.com/charts/gallery.html?djrt

All right I am going in.

You guys sure can pump the crap out of it.....


J/K.....
 
Posted by stocktrader22 on :
 
I don't care what you fools have to say. This is a winner, watch and see.
 
Posted by a surfer on :
 
quote:
Originally posted by stocktrader22:
I don't care what you fools have to say. This is a winner, watch and see.

LOL Should I make the check out to you now or at Christmas???
 
Posted by IMAKEMONEY on :
 
WTF CHILE ST22 GREAT FIND IMO.
 
Posted by Repoman75 on :
 
Getting real close to adding this to my '07 pick list.
 
Posted by a surfer on :
 
quote:
Originally posted by Repoman75:
quote:
Originally posted by a surfer:
ST22 I saw the P.R. on Microcap and didn't pay any attn. to it a couple weeks back.

I am holding off on entry for a bit...

That's what I said about DKAM at $1.30... ended up buying in the 1.80's!
Yup already lost 10% if I go in this morning.

Could of bought yesterday at .40 today opening at .44
 
Posted by a surfer on :
 
Jeez.... Scottrade has CR1.... POS had to call in the order.
 
Posted by stocktrader22 on :
 
NEWS

Dale Jarrett Racing Adventure Achieves Record Year
Thursday February 1, 9:36 am ET


NEWTON, N.C., Feb. 1 /PRNewswire-FirstCall/ -- Dale Jarrett Racing Adventure, Inc. (OTC Bulletin Board: DJRT - News) announced today that 2006 saw revenue and profit records fall as the company experienced its best year ever. Although they are currently in the process of conducting their annual audit, preliminary figures show that the company made $2.1 million in revenues, exceeding all previous years and based upon preliminary numbers will realize a net profit and positive earnings for the first time in the company's history. They also topped their single quarter record with revenues of over $750,000 in the fourth quarter.
ADVERTISEMENT


"This represents a critical milestone in the company's history," commented Tim Shannon, CEO. "It has taken the commitment of a lot of fine employees to build this company into what it is today. It has also taken a great product to generate the kind of customer loyalty that makes a business profitable. Still, reaching this goal is not the point for Dale Jarrett Racing Adventure; achieving profitability is simply an important step in our journey, but one that will allow us to begin to more aggressively pursue other opportunities that can strategically fit within our vision of delivering the finest quality entertainment oriented products and other related businesses while capitalizing on one of the most prestigious brand names in the racing industry. I like to think of this as the 'end' of our 'beginning' and the beginning of a new and even more exciting phase of growth for the company."

The 2007 schedule may be viewed by going to www.racingadventure.com.

The Dale Jarrett Racing Adventure provides lifetime experiences with all of the drama, thrills and excitement that driving your own authentic NASCAR Nextel Cup race car on a nationally renowned Superspeedway can deliver. We call it Full Throttle Living. The company books various dates during the year at NASCAR tracks across the country and customers can purchase packages ranging from a 3-lap ride to an 80-lap adventure weekend. Participants can achieve speeds of up to 165 mph at the Superspeedways and are allowed to pass and draft with other students. In order to reach these speeds safely an instructional session is provided to acquaint the student with the race car, safety precautions and the proper groove of the racetrack. DJRT was founded in 1998 and its shareholders include NASCAR Champions Dale and Ned Jarrett, as well as Dale's brother Glenn, Dale's son Jason, NASCAR driver Joe Nemechek and Green Bay Packers quarterback Brett Favre. More information is available by visiting www.racingadventure.com

Contact: Josh Carden, +1-888-467-2231 or Tim Shannon, +1-828-466-8837, Investor Relations for Dale Jarrett Racing Adventure, Inc.

This press release may contain forward-looking statements within the meaning of the Private Litigation Reform Act of 1995. Such forward-looking statements, particularly as related to the business plans of Dale Jarrett Racing Adventure, Inc. to gain market acceptance, are based on current expectations that involve a number of risks and uncertainties. Actual results may differ materially from the company's expectations and estimates.
 
Posted by a surfer on :
 
Well I was able to sneak in at .425.

tucking this one away now.
 
Posted by IMAKEMONEY on :
 
GOING UP HIGHER THEN AVG VOLUME!!!PPS .45
 
Posted by JRB on :
 
Got in at .40
 
Posted by IMAKEMONEY on :
 
LOL,JRB
Member GOT LL2s?? [Roll Eyes] [Roll Eyes] [Roll Eyes]
 
Posted by stocktrader22 on :
 
Great news...sold here

RSI is known to run for weeks when its in the powerzone sometimes...but this has gone high fast.

Hoping it retraces a little, then I am loading the boat once i can get out of some POS's
 
Posted by Repoman75 on :
 
quote:
Originally posted by stocktrader22:
Great news...sold here

RSI is known to run for weeks when its in the powerzone sometimes...but this has gone high fast.

Hoping it retraces a little, then I am loading the boat once i can get out of some POS's

See post about committments and chicks... I think I wrote that about 1 month ago.
 
Posted by stocktrader22 on :
 
quote:
Originally posted by Repoman75:
quote:
Originally posted by stocktrader22:
Great news...sold here

RSI is known to run for weeks when its in the powerzone sometimes...but this has gone high fast.

Hoping it retraces a little, then I am loading the boat once i can get out of some POS's

See post about committments and chicks... I think I wrote that about 1 month ago.
Yup, pretty sure on IEAM forum. If you recall it went from $4.75 to $4.00 after you gave me sh*t. Granted it went back up, but point was if I wanted to buy back in at $4.00 i would have made money.

DJRT has excitement from the news...a lot of pumping lately. RSI is showing overbought, it can stay that way maybe it wont. Price has gone from .18-.46 very quickly.

I want to re-enter at .35-.38

The company is solid and is profitable. I may not have a chance. Thats just how I play the game.

Remember, Im making money, thats all that matters!
 
Posted by Repoman75 on :
 
True dat.

IEAM just hit $5.95.
 
Posted by stocktrader22 on :
 
LOL im getting the feeling this isnt going to come down much. May have to shoot for .40 buy in price. All I know is this is a winner for 2007 and will be in at some point.
 
Posted by IMAKEMONEY on :
 
LOOKING FOR .50s TODAY. [Razz]
 
Posted by a surfer on :
 
looking solid!!
 
Posted by IMAKEMONEY on :
 
NEW HOD .47 [Big Grin] [Big Grin] [Big Grin] [Big Grin]
 
Posted by PCola77 on :
 
Drop here, down to .365. I may get in.

What are the rest of you in at?
 
Posted by Repoman75 on :
 
Some at .42.. but haven't bought my motherload yet.
 
Posted by PCola77 on :
 
I have an order in at .32. If it executes, great, if not, good luck to you guys.
 
Posted by stocktrader22 on :
 
Repo? Tell me about patience again? LMAO

Made a little cash on this and will load the boat soon.
 
Posted by Repoman75 on :
 
I have patience ONCE I BUY...
 
Posted by trade04 on :
 
this one is ok..but i like dkam much better..waiting for someone to do the hod honors there..
 
Posted by Repoman75 on :
 
quote:
Originally posted by stocktrader22:
Great news...sold here

RSI is known to run for weeks when its in the powerzone sometimes...but this has gone high fast.

Hoping it retraces a little, then I am loading the boat once i can get out of some POS's

Good call on the retrace. Loading up today.
 
Posted by Baxt06 on :
 
In at .32
 
Posted by Baxt06 on :
 
This ran up hard around this time last year as well. Daytona 500 is next weekend. This should attract more attention when the season starts.
 
Posted by Fergy on :
 
Interesting Repo. You slammed me for saying be careful yet tell stocktrader good call on the retrace.
 
Posted by Fergy on :
 
IF you got in at .40 then yes.
 
Posted by stocktrader22 on :
 
Let's see if I can get .27 buy in price
 
Posted by PCola77 on :
 
Woo hoo, I just got filled for a whopping 460 shares of my order at .30. Go baby go! [Wink]

St22, it'll have to get through my buy before you can get your .27
 
Posted by Baxt06 on :
 
quote:
Originally posted by PCola77:
Woo hoo, I just got filled for a whopping 460 shares of my order at .30. Go baby go! [Wink]

St22, it'll have to get through my buy before you can get your .27

I've got a big order waiting there too...
 
Posted by Baxt06 on :
 
.36
 
Posted by Baxt06 on :
 
picking up... .39 now
 
Posted by PCola77 on :
 
Yippee. Glad I got my $130 worth...
 
Posted by Baxt06 on :
 
Now at .40. Big spread, .36 x .43 currently
 
Posted by Baxt06 on :
 
.41 x .43
 
Posted by stocktrader22 on :
 
Good day.
 
Posted by JRB on :
 
Atlanta April 28th sold out

Sweet!
 
Posted by Baxt06 on :
 
Not a lot of volume, but all buys. Bid up to .39
 
Posted by PCola77 on :
 
Nice, I'm up almost 50% on my huge block of shares! [Roll Eyes]
 
Posted by Baxt06 on :
 
hopefully you'll make enough to pay the commission!
 
Posted by PCola77 on :
 
Getting there [Smile]

Too bad my whole order didn't fill. Grrr
 
Posted by Baxt06 on :
 
Daytona 500 on Sunday. Should be the start of a good season for this stock IMO.
 
Posted by Baxt06 on :
 
.41 x .44
 
Posted by PCola77 on :
 
Man DJRt is getting beaten up lately. Down to .285 bid right now. I had gotten filled for like $100 worth at .30 before it ran up. i sodl it at .41 I think.

Watching it again. This could be a great entry point, unless I missed some big news.
 
Posted by jdiddy on :
 
wow didnt expect to see this down...im radaring
 
Posted by PCola77 on :
 
getting smoked AGAIN today, down 17% to bid of .22.

Strongly considering buying here, but am worried about dilution.

Hmmmmmmmm
 
Posted by stocktrader22 on :
 
Wow wondering why its gettign killed. No dilution in the filigns as far as I can see. Will probably buy in tomorrow.
 
Posted by Baxt06 on :
 
I don't think it's dilution. Volume has been pretty minimal, just the nature of a low float stock without buying pressure. It will rebound quickly IMO.
 
Posted by trade04 on :
 
10k release still long time away..
 
Posted by PCola77 on :
 
Thanks for the comments on dillution, guys. Helps me feel better about that aspect. And yeah, Baxt, when a stock like this loses momentum, just a few people wanting to bail out can kill the price. What the hell, I'll probably put in an order today.
 
Posted by Baxt06 on :
 
.27 x .29
 
Posted by netguy81 on :
 
up to .29 today ... lets see if it rises further !!
 
Posted by Jo4321 on :
 
Anyone get in the past few days on that dip? It's moving back up today. 16%
 
Posted by netguy81 on :
 
i had got in at .28 and then it dipped and now its rising again ... lets see if it can break .30 barrier
unfortunately i wasn't able to take advantage of the dip !!
 
Posted by Jo4321 on :
 
me neither, as I had purchased at .29, but considering that it was in the .40's a few weeks back I'm not too worried.

Take a look at the schedule, come spring and summer this thing will have much more interest. Already several April dates are sold out or nearly sold out. (Here's April's schedule)

SOLD OUT April 3, 2007 Lowe’s Motorspeedway

AM ONLY April 14, 2007 Talladega Superspeedway

OPEN April 15, 2007 Talladega Superspeedway

SOLD OUT April 28, 2007 Atlanta Motor Speedway

AM ONLY April 29, 2007 Atlanta Motor Speedway


Jo
 
Posted by netguy81 on :
 
that does look very promising !! [Big Grin] [Big Grin]
 
Posted by Jo4321 on :
 
Schedule for April just about totally sold out now. Only open date is April 29 morning session.

http://www.racingadventure.com/

sold out April 14, 2007 Talladega Superspeedway

sold out April 15, 2007 Talladega Superspeedway

sold out April 28, 2007 Atlanta Motor Speedway

am only April 29, 2007 Atlanta Motor Speedway order now»
 
Posted by netguy81 on :
 
There should be PR's regarding such good news from the company ... that would definitely boost the stock price ...

maybe this is a good time to buy more shares and average down ...
 
Posted by stocktrader22 on :
 
This is a huge PR IMO...market will take time to react to it, but im back in this one!

Dale Jarrett Racing Adventure Gains Speed - Files Profitable 10k
Thursday April 5, 1:54 pm ET


NEWTON, N.C., April 5 /PRNewswire-FirstCall/ -- Dale Jarrett Racing Adventure, Inc. (OTC Bulletin Board: DJRT - News) a "Full Throttle" lifetime experience company, has announced its financial results for the fourth quarter and year ended December 31, 2006.

Fourth Quarter Highlights


-- Revenues for the fourth quarter 2006 totaled $797,500, a 50% increase
over fourth quarter 2005 revenues of $532,000.
-- Net income for the fourth quarter 2006 was $223,700, as compared to a
fourth quarter 2005 loss of ($4,800).
-- 2007 backlog as of December 31, 2006 is 49% of 2006 total revenue.

2006 Highlights

-- First profitable full year since inception.
-- Net income for 2006 was $88,400, as compared to a 2005 net loss of
($320,500).
-- Revenues for 2006 totaled $2,144,300 a 20% increase over 2005 total
revenues of $1,785,300.
-- Latest safety equipment installed in all racecars, including Hans head
and neck restraint system, Tri-star fire suits and full-face Bell
Helmets.
-- 2006 gross profit margin of 59% as compared to 50% in 2005.
-- 100% funded from free cash flow from operations for the last 4 years.
-- 63,000 laps safely completed in 2006 as compared to 49,000 laps in
2005.
 
Posted by netguy81 on :
 
this is huge ... given the long weekend, i don't expect much to happen to the stock but by next week, the news should sink in and booooom !! [Eek!] [Eek!]
 
Posted by stocktrader22 on :
 
surprised this has gone no where so far on those quarterly earnings.
 
Posted by netguy81 on :
 
quote:
Originally posted by stocktrader22:
surprised this has gone no where so far on those quarterly earnings.

i'm surprised as well ... i thought after the long weekend the news would sink in and the stock would head north

maybe it needs a little more time to start a good run ...
 
Posted by Lockman on :
 
Chart is nothing to get excited about. Actually has a bit of a down trend to it.

Hope the news does something for it. JMO
 
Posted by Lockman on :
 
http://stockcharts.com/h-sc/ui?s=DJRT&p=D&yr=0&mn=6&dy=0&id=p71802019894

Some small indications this might be ready for a run.
Accum up
Macd up third day in row
Cmf green w/up movement.

Keep on Radar. IMO
 
Posted by Jo4321 on :
 
Next Three Dates - All Sold Out

sold out April 28, 2007 Atlanta Motor Speedway
sold out April 29, 2007 Atlanta Motor Speedway
sold out May 26, 2007 Talladega Superspeedway

http://www.racingadventure.com/
 
Posted by Jo4321 on :
 
More sellouts. Looks like they added a date (May 19th) as well. Up 13% today.

sold out May 19, 2007 Talladega Superspeedway
sold out May 26, 2007 Talladega Superspeedway
sold out May 30, 2007 Atlanta Motor Speedway
sold out June 16, 2007 Talladega Superspeedway
 
Posted by Jo4321 on :
 
These numbers look good! They can only get better for this quarter with the warmer months in it.
------------------------------------------

Dale Jarrett Racing Adventure Doubles First Quarter Sales

Last update: 5/29/2007 11:23:00 AMNEWTON, N.C., May 29, 2007 /

PRNewswire-FirstCall via COMTEX/ -- Dale Jarrett Racing Adventure, Inc. (DJRT) a "Full Throttle" lifetime experience company, has announced today that the company's 1st quarter 10Q included the following comparisons to the 1st quarter of 2006:
-- 112% growth in Quarterly Sales - $321K vs. $151K
-- 359% growth in Quarterly Gross profit - $183K vs. $40K"

Although the seasonal nature of our business presents a certain challenge for our company in the 1st quarter, we have taken significant steps this year to change that and are confident similar growth rates can be achieved in the future. Doubling total revenue and tripling gross profit are excellent indicators that we are on the right track," said Tim Shannon, President.

An important distinction between the two filings is the non-cash compensation of 380,000 restricted common shares representing $125K in 1st quarter 2007 expenses as compared to 0 shares and $0 in the 1st quarter of 2006. This non-cash compensation is an example of the company's determination to increase the awareness of the company through national public and investor relations.

The Dale Jarrett Racing Adventure provides lifetime experiences with all of the drama, thrills and excitement of driving your own authentic NASCAR Nextel Cup race car on a nationally renowned Superspeedway. We call it Full Throttle Living. The company reserves various dates during the year at NASCAR tracks across the country offering customers the option of purchasing packages ranging from a 3-lap ride to an 80-lap adventure weekend. Participants can achieve speeds of up to 165 mph at the Superspeedways and are allowed to pass and draft with other students. In order to reach these speeds safely an instructional session is provided to acquaint the student with the racecar, safety precautions and the proper groove of the racetrack.

DJRT was founded in 1998 and its shareholders include NASCAR Champions Dale and Ned Jarrett, as well as Dale's brother Glenn, Dale's son Jason, NASCAR driver Joe Nemechek and Green Bay Packers quarterback Brett Favre.

Additional information is available by visiting Investor Relations contact: Mr. Josh Carden * 1-888-GO-RACE-1 (1-888-467- 2231) This press release may contain forward-looking statements within the meaning of the Private Litigation Reform Act of 1995. Such forward-looking statements, particularly as related to the business plans of Dale Jarrett Racing Adventure, Inc. to gain market acceptance, are based on current expectations that involve a number of risks and uncertainties. Actual results may differ materially from the company's expectations and estimates. SOURCE Dale Jarrett Racing Adventure, Inc.
Investor Relations, Mr. Josh Carden, +1-888-GO-RACE-1 (1-888-467-2231)Copyright (C) 2007 PR Newswire. All rights
 


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