MBA Holdings and Bikers Atlas Agree to Work Together Through NMDA 8/25/2005 9:04:40 AM SCOTTSDALE, AZ, Aug 25, 2005 (MARKET WIRE via COMTEX) -- The National Motorcycle Dealers Association, a subsidiary of MBA Holdings, Inc. ( MBAH ), has entered into an agreement with Scott Goodknight, publisher of Bikers Atlas, of Columbus, GA., to become a Founding Member of the National Motorcycle Dealers Association. The NMDA will receive a full-color double-page spread and a two-sided ad in the 2006 Bikers Atlas to sign up membership in the NMDA.
NMDA and Bikers Atlas will provide links and banner ads on and to each other's websites, www.nationalmda.com,www.bikers-atlas.com. Bikers Atlas will be offering 300 exclusive motorcycle dealerships an opportunity to advertise in the Bikers Atlas and each dealer advertising will receive a one-year membership in the NMDA and will sell the Bikers Atlas in their store. NMDA Logo will appear on the front page of the Bikers Atlas
This 2006 collector volume of the Bikers Atlas is bound in a heavy-duty cover and contains detailed information on hundreds of motorcycle events, rides, and rallies in the US. Each event is categorized by state, by date, and organized in an easy-to-use format, with hundreds of easy-to-use maps, a list of over 4,500 bike shops, restaurants and bike friendly business listings.
Initial talks to put this program in place began at the Daytona Beach Bike Rally in February 2005.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to business conditions and the amount of growth in the insurance or associated automotive industries and general economy, competitive factors, and other risks detailed from time to time in the company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q. The company does not undertake any obligation to update forward-looking statements.
For additional information contact: MBA Holdings http://www.mbadirect.com for Investor Relations contact: Equitilink LLC Ron Garner 877-788-1940
Copyright 2005 Market Wire, All rights reserved.
Posted by Tooka56 on :
I saw it roadrunner and thought it sounded great. I'm holding a substantial position in this one, its much less volatile than most and has a fantastic ceo.
Posted by NomarKash on :
I'm holding strong as well. I expect good things in '06.
Posted by renrob05 on :
I will pick some up when it hits 0.022 or lower
Posted by roadrunnerv8383 on :
quote:Originally posted by renrob05: I will pick some up when it hits 0.022 or lower
not with 2nd quarter earnings coming out in 2 weeks. expectations are high with 3 acquisitions that will be reflected in the upcoming 10Q. after the stock restructure, the ceo cannot sell any of his shares till MBAH hits .10 and at .10 he can only sell 10% of hid 46 million shares. but i think hes holding for much higher gains by looking at the trigger points on the stock restructure plan that goes all the way up to .60, last year MBAH ran to .40 on just speculation.
Share release events are based on sustaining a 15-day average of the daily closing price of MBAH stock. Increments for release of the earned shares are 10% at .10, 10% at .20, 20% at .30, 20% at .40, 20% at .50 and 20% at .60.
Posted by roadrunnerv8383 on :
as you can see, the ceo has a great deal of confidence in MBAH's new business model and the NMDA to restrict his shares till MBAH hits .10-.60 heres the stock restructure PR-
MBAH Announces Stock Restructure 8/4/05
SCOTTSDALE, AZ, Aug 04, 2005 (MARKET WIRE via COMTEX) -- MBA Holdings, Inc. (OTC BB: MBAH) announces the restructure of earned common stock.
Gaylen Brotherson, CEO of Cactus Family Investments, and Wayne (Lumpy) Ordakowski, Founder of Blue Sky Motorcycle Rentals, Inc., have placed their cumulative 48.5 million common shares of MBAH stock into an escrow account. Under the terms and conditions of the agreement, Mr. Brotherson and Mr. Ordakowski can only receive their previously earned shares at qualified triggering events.
Share release events are based on sustaining a 15-day average of the daily closing price of MBAH stock. Increments for release of the earned shares are 10% at .10, 10% at .20, 20% at .30, 20% at .40, 20% at .50 and 20% at .60.
Brotherson and Ordakowski have retained their rights to immediately receive their shares, without restriction, in the event of a verified/certified takeover, buyout or merger bid of the majority of the outstanding shares of MBAH stock.
Wayne (Lumpy) Ordakowski commented on the restructure, "We have listened to our Shareholders and believe not only is this the right thing to do, but hopefully we'll increase investor confidence by setting aside our shares. I'm here for the long run and I'll do whatever it takes to help build this company."
Gaylen Brotherson, CEO of MBAH, stated, "We are all here for the long run, and I believe MBAH stock is severely undervalued at our present share price. With actions like these, I'm anticipating the market will react favorably. One of our missions is to increase sales and the other is to build Shareholder value that will in turn build company value. We effectively removed 48.5 million of the outstanding shares of the company today by locking them up in this restructure. It is another incentive for us to build this company into the powerhouse I believe it can be."
Brotherson continued, "We completed the Blue Sky Las Vegas and Phoenix store acquisitions and also shored up a few deals we've been working on for months. We'll announce those in the near future."
Posted by roadrunnerv8383 on :
huge volume today, 4.7 million shares traded. 2.7 million shares traded in the first hour alone. closed at high of day and ask moved up to .033, the last ceo update from august 23rd hinted more news coming. looks like the news may of leaked today, huge buys all day.
Posted by ct1074 on :
Sorry guys didn't know a thread was started. My bad.
MBA Holdings, Inc. Signs Contract With HMO4CARS Monday August 29, 9:00 am ET MBA Will Serve as Exclusive Marketer for HMO's Service Programs
SCOTTSDALE, AZ--(MARKET WIRE)--Aug 29, 2005 -- MBA Holdings, Inc. (OTC BB:MBAH.OB - News) today announced that it has signed a contract with HMO4CARS under which it will serve as exclusive marketer to dealers nationwide who will sell prepaid service programs for cars, RVs and motorcycles (HMO4CARS, HMO4RVS and HMO4MOTORCYCLES). Due to terms of the agreement, sales projections have not yet been disclosed, but the programs are expected to provide significant revenues for both companies over the next years. ADVERTISEMENT
MBA Holdings will market the HMO4CARS program directly through Auto, Motorcycle and RV Dealers, Credit Unions and other Financial Institutions, also via the web to Consumers and through nationwide agents that represent Dealers, Credit Unions and Banks.
MBA will receive fees per plan sold. In addition, MBA will receive 2.5% ownership of the company based on $12M valuation (300,000 shares of common stock) plus 5% of the net profit at years end. The company can receive up to 12 1/2% percent ownership and net profits, based on sales and a graduated scale.
HMO4CARS services of prepaid scheduled maintenance programs to new and used vehicle purchasers, and existing vehicle owners covering scheduled maintenance as recommended by the manufacturer as described in the individual contracts and reserved with the insurance company under that contract.
The exclusive agreement with the auto dealers gives MBA many advantages. Gaylen Brotherson, CEO of MBA Holdings, Inc., stated, "I like it, this product and contract gives our company ability to assign non-competing territories in each region in the United States. This permits us, as a small business, to handle thousands of nationwide leads and territories without becoming overwhelmed and expose our other programs to additional dealers, like our vehicle service contracts, gap, credit life and tire/wheel coverage."
M.B.A. Holdings, Inc., through its wholly owned subsidiary, Mechanical Breakdown Administrators, Inc., markets and administers vehicular mechanical breakdown insurance policies on automobiles, light trucks, recreational vehicles, motorcycles, and certain automotive components and sells contracts for repair services to vehicles and certain vehicle components. Its second subsidiary, National Motorcycle Dealers Association, LLC ("NMDA"), sells memberships in NMDA and extended warranties for new and used motorcycles, ATV's and trailers. NMDA also provides and/or plans to provide Gap Coverage, Motorcycle Leasing and Financing, Credit Life/Accident insurance, Health insurance and Family Hospitalization insurance for Dealership owners, employees and their families. Please visit the corporate website at www.mbadirect.com.
About HMO4CARS
The HMO4CARS network includes thousands of nationally recognized service centers throughout the U.S. The program helps ease the burden of maintaining your car by helping you understand the services that should be performed and when they need to be completed. HMO4CARS is easy to use. Simply present your HMO4CARS card to your service provider, and the preventative maintenance for which your vehicle has been scheduled is authorized via toll-free phone. Your HMO4CARS plan covers the preauthorized service performed with no out of pocket cost to you.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to business conditions and the amount of growth in the insurance or associated automotive industries and general economy, competitive factors, and other risks detailed from time to time in the company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q. The company does not undertake any obligation to update forward-looking statements.
-------------------------------------------------------------------------------- Source: M.B.A. Holdings, Inc.
Posted by NomarKash on :
quote:Originally posted by renrob05: I will pick some up when it hits 0.022 or lower
Getting close Rob - watch it.
Posted by renrob05 on :
yes i'm watching...love this company
Posted by roadrunnerv8383 on :
take advantage of these prices if you can, one of the companies MBAH aquired with common stock few months ago is flooding shares into the market to cash in. found out over 3 million shares were dumped the past couple weeks and explains why the retail buying has stopped, wont recover till thier done selling shares. they should be running out of shares soon though.
Posted by Tooka56 on :
I'm in this one too and love it. I have written the CEO Gaylen Brotherson twice and listened to an interview he did where he said they were thinking about joining a different exchange after the rest of the stuff he was working on went through. I'm in this for 170,000 shares.
Posted by NomarKash on :
Can anyone believe these prices? HUGE buying potential imo.
Posted by Tooka56 on :
yeah, but not if it keeps going down, which it has been doing for the last 3 weeks
Posted by roadrunnerv8383 on :
insider buy on 9/1/05 for half a million shares which brings his share count up to 64,076,160 out of 186,000,000.
MBA Holdings, Inc. Issues Statement to Shareholders Tuesday September 6, 1:50 pm ET
SCOTTSDALE, AZ--(MARKET WIRE)--Sep 6, 2005 -- Gaylen Brotherson, President of MBA Holdings, Inc. (OTC BB:MBAH.OB - News), in response to the Company's trading early Tuesday morning, announced that the management team is aware of no material reason for the sudden change in volume and price. ADVERTISEMENT
"No material event has transpired which we, the management team, or to my knowledge, any Director of the Company is aware of, which would account for today's dramatic decline in our Company's stock. In fact, if anything, recent and pending corporate activities such as my stock purchase last Friday and our deal with HMO4CARS justify optimism on the part of the investment community," stated Mr. Brotherson.
About MBA Holdings, Inc.
M.B.A. Holdings, Inc., through its wholly owned subsidiary, Mechanical Breakdown Administrators, Inc., markets and administers vehicular mechanical breakdown insurance policies on automobiles, light trucks, recreational vehicles, motorcycles, and certain automotive components and sells contracts for repair services to vehicles and certain vehicle components. Its second subsidiary, National Motorcycle Dealers Association, LLC ("NMDA"), sells memberships in NMDA and extended warranties for new and used motorcycles, ATVs and trailers. NMDA also provides and/or plans to provide Gap Coverage, Motorcycle Leasing and Financing, Credit Life/Accident insurance, Health insurance and Family Hospitalization insurance for Dealership owners, employees and their families. Please visit the corporate website at www.mbadirect.com.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to business conditions and the amount of growth in the insurance or associated automotive industries and general economy, competitive factors, and other risks detailed from time to time in the company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q. The company does not undertake any obligation to update forward-looking statements.
Contact: For additional information contact: MBA Holdings http://www.mbadirect.com For Investor Relations contact: Equitilink LLC Ron Garner 877-788-1940
-------------------------------------------------------------------------------- Source: M.B.A. Holdings, Inc.
Posted by roadrunnerv8383 on :
in other words, manipulation.
Posted by NomarKash on :
I sure wish I got in at the lows today!
Posted by roadrunnerv8383 on :
Monthly Commentary on happenings at MBA Holdings MBA Holdings CEO, Gaylen Brotherson
September 6, 2005
News release issued from SCOTTSDALE, AZ—September 6, 2005—Gaylen Brotherson, President of MBA Holdings, Inc. (OTC BB: MBAH), in response to the company’s trading early Tuesday morning, announced that the management team is aware of no material reason for the sudden change in volume and price.
"No material event has transpired which we, the management team or, to my knowledge, any Director of the Company is aware of, which would account for today's dramatic decline in our Company's stock. In fact, if anything, recent and pending corporate activities such as my stock purchase last Friday and our deal with HMO4CARS justify optimism on the part of the investment community," stated Mr. Brotherson.
We were started today with an early CEO's Corner and lots of good action happening with the NMDA, but we felt that a Nationwide Promotion for the National Motorcycle Dealers Association (NMDA) and the Bikers Atlas which you can check out at http://www.americanbikersguide.com/dealerex.html.
Scott Goodnight, President of Bikers Atlas says "that for over 6 years Biker's Atlas has been the #1 provider for information and maps to motorcycle rallies and business all over the US. The Biker's Atlas contains detailed information on over 500 motorcycle events all over the US including dates, location, phone numbers, websites and more. You will also find over 100 maps by the famed motorcycle artist Thunder showing you how to get to where all the action is and over 5,000 biker friendly business listings."
We are teaming up with Bikers Atlas to promote their Atlas and promote Motorcycle Dealers to join the NMDA with a first year membership if they become an advertiser in the Atlas and a Atlas Dealer and marketer of the product. We have exchanged web links to promote each other and an intense campaign of phone contact by Bikers Atlas of 14,000 motorcycle dealers and related businesses nationwide to promote the Atlas and the NMDA.
We continue to promote the NMDA and continue to sign members, we also continue to sign members to sell our extended warranty program, gap products, towing/roadside assistance, and we again will offer for one and two years the factory custom motorcycle warranties, in addition, extended warranties on custom motorcycles up to 84 months.
We are now an affiliate member of www.expedia.com,www.Priceline.com, and www.oagflights.com we encourage everyone to use these fine companies when you travel. The NMDA does have a fee arrangement with the above travel sites and we encourage our shareholders to use their services.
In addition we are extending our special pricing on extended warranties to any shareholder and their families of MBAH, everyone is giving employee pricing on autos and we are always giving special pricing on shareholders warranties in the states that we can, in California and several other states we have special restriction on discounts because it is classed as an Insurance Product, not a service contract, we appreciate your support by purchasing extended warranties on your vehicles from our sales staff.
For special sales pricing call (800) 347-0303 ext # 6 or night/weekends (888) 566-4447 that is 24 hours per day service, 7 days per week, 365 days per year. Our claims department is also available 24/7 days X 365.
We are quite pleased by the increase of our credit union auto warranty business in August 2005, the auto sales and our warranty business is slowly returning to the credit unions. The post September 11, 2001 (911) zero percent financing seems to be slowing down and auto business is returning to the old financing sources, the credit unions. We have seen a steady increase in our quotes and warranty sales business for the first time in four years.
Lumpy, continues to tell us of great rental days in the Denver Blue Sky store we are looking forward to a great profitable year from this operation, Las Vegas and Phoenix are just coming into their season, it is quite slow in the summer months in Las Vegas and Phoenix because of the extreme heat.
We had several new licensees for rental stores getting ready to sign in the Gulf Coast area but those will be put on hold for some time because of the terrible storms, our best wishes go out to all the people in that Katrina effected area. Support the Red Cross. Let's all help these people as best we can; to give them hope for the future.
We have signed a new licensed rental location Murfreesboro, Tennessee a suburb of Nashville, TN., the store is named: Sloan's Motorcycle and ATV Supercenter (a 60,000 sq. ft. store) www.sloansmotorcycle.com. Sloan's is one of the largest and oldest motorcycle dealerships in the country that remains owned and managed by its founding family –Since 1960… they are dealers for Honda, Yamaha, Suzuki, Victory, Vento, Eton, United Motors, Motor Trike and Champion Trike.
Our newest store, Spirit Motorcycle Rentals in St. Petersburg, Florida was missed by the storm and we expect it to open on September 15, 2005. They will be renting Harley-Davidson Motorcycles and Custom Chopper style Motorcycles
We moved our Phoenix Blue Sky store to a new and improved location in Tempe, Arizona on September 1, 2005. It is located at 1755 West University, Suite # 120, Tempe, Arizona (866) 766-2626 (this location is very close to the main Phoenix Airport) Dan Marovich is the general manager of the store, we have just added a new Carefree Custom Chopper to his rental fleet, which is a first for this store. We also plan to add BMWs to the rental fleet.
In the next week MBAH will feature in this column one of our divisions Blue Sky Location each month and in the month of September 2005, we will feature our Blue Sky store in Denver, Colorado. We will have pictures, comments and stories of their personnel.
He is a super guy with a great company. I just wish that the mm's would quit recking the symbol. Don't think that I was being to pessimistic-I love the stock and the management. It has wonderful prospects and I own a ton of it. I just was cautioning that it continues to slide downward. Hopefully this will give a push up tomorrow.
Posted by roadrunnerv8383 on :
moving .026x.027
Posted by NomarKash on :
Sure wish I bought more at the .018 levels of Tuesday....
Posted by Tooka56 on :
I need new tires this month, I'm ready for the dime.
Posted by roadrunnerv8383 on :
next week should be interesting with earnings coming out, high volume the past two weeks. and the downward trend appears to be over. alot of people waiting it out till the Q report comes out but, that may be a mistake considering 3 acquisitions will be reflected in the upcoming 10Q.
Posted by Tooka56 on :
Very true Roadrunner, but hopefully there will be a substantial revenue stream on the balance sheet to help bolster confidence of the company's future. I think Blue Sky is key along with National Motorcycle dealer's association. In an interview I listened to this week from last month, Gaylen said he was contemplating changing to another index where there would be better possibilities. Has to make it out of the negative first though! Only the filings will tell.
Posted by GoodFella on :
Hi everybody,
I don't own any shares on this one, but after doing some DD I am becoming more interested.
For those of you who know this stock better, can you please tell me what was the trigger for the sudden rise of the PPS in oct-nov 2004? Was it the release of the 10Q?
From what I read, there has been 2 major acquisitions that will be reflected in the coming 10Q. Has any of you ever heard about how much revenue these acquisitions represent for MBAH?
Tnx and GTA
GF
Posted by morehotair123 on :
wow staring at the chart, just finished reading all of their prs im in this one in the am great pick road runner
Posted by bmaxingout on :
Well this has plenty of upside the money flow indicators show good money coming into this one the bol bands are tight rsi looks good volume is rising need to watch the L2 in the am but im with you mohair in the am im also in
lets make some money!!!
thanks roadrunnerv8383
Posted by roadrunnerv8383 on :
MBAH confirmed buy as of today on american bulls. on the front page also under OTCBB.
take out the space in the link to view.
Posted by roadrunnerv8383 on :
.03x.033
Posted by NomarKash on :
Loving it roadrunner!
Posted by roadrunnerv8383 on :
anticipation of the 10Q next week, level II looking good. with some good news, potentially could see a big run. remember this stock last year ran from .01s to over .40
Posted by Tooka56 on :
I would love to see that again! I believe it did that last year because of the announcement of a dividend. I'd appreciate anything though!
Posted by GoodFella on :
Ok guys I couldn't wait any longer... I bought some at 0.029. This stock is showing nice support at this level.
Now all we have to do is wait for the 10Q.. I have a very good feeling about it!!
GTA
Posted by roadrunnerv8383 on :
bid really starting to build .029x.031, could take off at anytime this week.
Posted by Tooka56 on :
I can feel it. We're going to be in the .03's again solidly!
Posted by bmaxingout on :
well we had a little drag to day but as i have said before this one still has plenty of up side left picked up a little more today
tooka56 im looking for atleast .05 that is the next line of resistance so im holding long i think that some were taking some profits
GLTA
and check out amep looks like this could be bigger then tnog but jmho do some dd and let me know what you think bmax,
Posted by NomarKash on :
MBA Holdings Announces Letter of Intent for New Rental Stores Thursday September 15, 9:00 am ET
SCOTTSDALE, AZ--(MARKET WIRE)--Sep 15, 2005 -- MBA Holdings, Inc. (OTC BB:MBAH.OB - News) and it subsidiary powersport rental company, Street Eagle, LLC, announce the signing of a letter of intent to open two (2) new motorcycle rental operations in Florida and Illinois. ADVERTISEMENT
The finalized license agreement is expected to close by October 15, 2005. Street Eagle will receive license and rental fees per location. The new Licensee is presently the Midwestern United States' largest authorized dealer for Honda, Kawasaki, Suzuki, Sea-Doo, Ski-Doo and Yamaha equipment. This one Licensee will open both operations under the same ownership team. The new Licensee will become a member of the National Motorcycle Dealers Association (NMDA), utilize both NMDA sponsored web-based rental software, and NMDA provided rental insurance upon their entrance into the rental arena. MBA Holdings will release follow-up data with more pertinent information on these new store openings in the near future.
Unrelated to the new stores announced above, the newest Blue Sky Licensee in Clearwater, Florida will open for business once delivery of their rental fleet has been completed. The new Clearwater, Florida motorcycle fleet purchase (provided through the NMDA) has been finalized and awaits delivery. Nationwide delays throughout all major United States shipping ports have postponed the delivery of the fleet while hurricane relief is in effect. Schedules for delivery of non-essential commodities have been suspended while humanatarian relief efforts are underway. MBAH CEO, Gaylen Brotherson, Blue Sky Founder, Wayne (Lumpy) Ordakowski and all MBAH personnel urge all to support the victims of these traumatic events with a donation to any American Red Cross Center.
About MBA Holdings, Inc.
M.B.A. Holdings, Inc., through its wholly owned subsidiary, Street Eagle Motorcycle Rentals, www.streeteagle.com, Rent 2 Ride Motorcycle Rentals, www.rent2ride.com and Blue Sky Motorcycle Rentals, www.blueskymotorcyclerentals.com offers complete turnkey packages for the motorcycle rental industry. Its second subsidiary, Mechanical Breakdown Administrators, Inc., markets and administers vehicular mechanical breakdown insurance policies on automobiles, light trucks, recreational vehicles, motorcycles, boats and certain automotive components and sells contracts for repair services to vehicles and certain vehicle components. www.mbadirect.com. Its third subsidiary, The National Motorcycle Dealers Association, LLC ("NMDA"), sells memberships in NMDA and extended warranties for new and used motorcycles, ATVs and trailers. NMDA also provides and/or plans to provide Gap Coverage, Motorcycle Leasing and Financing, Credit Life/Accident insurance, Health insurance and Family Hospitalization insurance for dealership owners, employees and their families. Please visit our corporate website at www.nationalmda.com
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to business conditions and the amount of growth in the insurance or associated automotive industries and general economy, competitive factors, and other risks detailed from time to time in the company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q. The company does not undertake any obligation to update forward-looking statements.
Contact: For additional information contact: Gaylen Brotherson (480) 860-2288 ext # 317
-------------------------------------------------------------------------------- Source: M.B.A. Holdings, Inc.
Posted by NomarKash on :
MBAH is looking good going into the weekend....
Posted by roadrunnerv8383 on :
looks like news may of leaked. GNET on the bid, heavy support, looking strong .028x.029, next week should be good.
Posted by Tooka56 on :
I hope so! It's way overdue for our time to shine. Maybe someone should suggest to Gaylen that he do another dividend-seemed to cure the illness the pps had overnight last time! Lord knows he has enough subsidiaries now under MBA Holdings: NMDA, Blue Sky, Eagle, MBA, and one other I can't remember. Enjoy your weekend guys, we ended on a good note.
Posted by bmaxingout on :
we had a great day today hopefully more upside on monday i think that this has drawn a strong line for support next week should be very exciting and well be making lots of money glta and have a great weekend bmax
Posted by bmaxingout on :
roadrunner, some say that there is no such thing as a free lunch but if this hits a nickle i'll buy lunch,..lol great pick
Posted by NomarKash on :
strong close today and big volume jump late in the day. now that the 10-Q is out of the way, this could really take off with some news.
Posted by NomarKash on :
I just wish it would start moving. I am in for the long haul but it would be nice to see the stock price reflective of the company's potential.
Posted by roadrunnerv8383 on :
alot of people were waiting on the 10Q and many were waiting to jump in after it was filed. should see a steady climb in pps over the next few weeks. MBAH is also on the front page of american bulls today, should bring a little attention.
Posted by roadrunnerv8383 on :
MBA Holdings, Inc. Announces a Long-Term Motorcycle "Fleet Lease" Program
9/23/2005 9:01:06 AM SCOTTSDALE, AZ, Sep 23, 2005 (MARKET WIRE via COMTEX) -- MBA Holdings, Inc. ( MBAH ) and it subsidiary company, Blue Sky Motorcycle Rentals, Inc. announces a long-term "Fleet Lease" program with a large West Coast motorcycle related company. The agreement calls for the unnamed California Company to provide Blue Sky and its affiliate rental operators with up to sixty (60) late-model Harley-Davidson motorcycles for use in their rental outlets.
Terms include a monthly fee with a combined mileage limitation paid by Blue Sky to the Lessor. Lengths of the recurring individual motorcycle leases vary with some extending through April of 2006 so as to include the availability of these bikes for Arizona Bike Week, 2006.
The new agreement was completed by Blue Sky Founder, Wayne (Lumpy) Ordakowski and commences with the first ten (10) units to be pick-up on Monday, September 26th. Wayne (Lumpy) Ordakowski commented, "We were searching for creative ways to increase the number of company controlled rental bikes and this was the perfect option that became available to us. I developed the contacts for this deal over a year ago, but couldn't pull the trigger on it then, as I was a small private company. Now, with the horsepower granted by our public shareholders, I can make these types of deals that are beneficial for all sides. This partnership is an example of the power of a publicly traded company vs. a privately held one, and was one of the main reasons in my decision to join forces with MBAH and its CEO, Gaylen Brotherson months ago. The union is starting to bear fruit and I am excited more, now than ever, about our future." He continued, "The deals in the pipeline we mentioned in earlier press releases are now starting to gain critical mass. They'll be more of these blockbuster type of arrangements in the near future."
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to business conditions and the amount of growth in the insurance or associated automotive industries and general economy, competitive factors, and other risks detailed from time to time in the company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q. The company does not undertake any obligation to update forward-looking statements.
Copyright 2005 Market Wire, All rights reserved.
Posted by roadrunnerv8383 on :
.0301x.031
Posted by NomarKash on :
looking good today roadrunner - i think this should move nicely from here.
Posted by roadrunnerv8383 on :
yep looking great .033 and only 2 MMs away from .035
Posted by roadrunnerv8383 on :
.032x.033
Posted by roadrunnerv8383 on :
.034x.035 last sale .035
Posted by NomarKash on :
Maybe we can hit a nickel by this time next week.
Posted by roadrunnerv8383 on :
i agree, with some news, GB hinted blockbuster news in the near future. hope the news comes next week.
Posted by roadrunnerv8383 on :
.038x.039 up 40% today
Posted by Doctoall on :
Moving this thread forward
Posted by roadrunnerv8383 on :
gapping up, .038x.04
Posted by NomarKash on :
.039x.04 - c'mon nickel!
Posted by roadrunnerv8383 on :
that wall of 7 MMs at .04 is down to just 1 already in pre-market. big run coming possibly.
Posted by roadrunnerv8383 on :
.0418
Posted by NomarKash on :
MBAH/Blue Sky Adds "Metric Purchase/Lease" Monday September 26, 10:06 am ET
SCOTTSDALE, AZ--(MARKET WIRE)--Sep 26, 2005 -- MBA Holdings, Inc. (OTC BB:MBAH.OB - News) and its subsidiary company, Blue Sky Motorcycle Rentals, Inc., announces a new metric "Purchase/Lease" program available to all MBAH Powersport Rental Companies and their respective Licensees from Street Eagle, Rent2Ride, Blue Sky and Worldwide Motorcycle Rentals. ADVERTISEMENT
The Metric "Purchase/Lease" program was negotiated for the Company by MBAH CEO, Gaylen Brotherson and Blue Sky Founder, Wayne (Lumpy) Ordakowski. Partial terms of the program between the motorcycle related, Phoenix, Arizona-based Lessor and MBAH call for MBAH to Sign and Go on the purchase of new 2006 metric motorcycles, including the highly coveted Honda GL1800 Goldwing models. The agreement also calls for the unnamed Southwest US Company to waive ALL interest fees and to provide MBA Holdings, Inc. and its affiliate rental companies and operators, with a large allotment of requested rental motorcycles.
The first allotment of motorcycles under this program is scheduled to arrive within the next two (2) weeks. Gaylen Brotherson stated, "Both Lumpy and myself wanted to bring more of the durable Hondas into our rental fleet, and this new metric program gives us the opportunity to do so at a tremendous cost savings, both to us and to our Licensees. The new 2006 Honda Goldwings are a great complement to the Harley-Davidson and BMW motorcycles we are presently utilizing and adding to our rental fleet."
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to business conditions and the amount of growth in the insurance or associated automotive industries and general economy, competitive factors, and other risks detailed from time to time in the company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q. The company does not undertake any obligation to update forward-looking statements.
-------------------------------------------------------------------------------- Source: M.B.A. Holdings, Inc.
Posted by NomarKash on :
Blue Sky Opens in Arizona Harley-Davidson Dealership Monday October 3, 9:00 am ET
SCOTTSDALE, AZ--(MARKET WIRE)--Oct 3, 2005 -- MBA Holdings, Inc. (OTC BB:MBAH.OB - News) and its subsidiary companies, Blue Sky Motorcycle Rentals, Inc. and the National Motorcycle Dealers Association (NMDA), announce a new rental Licensee in Scottsdale, Arizona. ADVERTISEMENT
Top Spoke Rentals located inside of, and owned by Hacienda Harley-Davidson, has executed a definitive agreement that calls for the NMDA and Blue Sky to provide immediate top level management of their current Harley-Davidson Authorized Rental Program. Top Spoke will also become a Licensee of Blue Sky Motorcycle Rentals and carry the Blue Sky flag.
Hacienda Harley-Davidson and Top Spoke Rentals owner Rick Hatch commented, "I have personally seen what Street Eagle Tim Lach, Blue Sky Lumpy and MBAH CEO Gaylen Brotherson can do with their combined experience in the motorcycle rental market and also what they bring to the bottom line. I have witnessed firsthand their desire and resolve to build the Nation's largest rental program. Currently, our Hacienda operations in Harley sales, service, merchandise, clothing and Custom motorcycles grosses over 30 million dollars a year, and now I know we'll increase our rental revenue to add to that total with Hacienda Harley's addition to the programs and websites offered by Blue Sky, Street Eagle, Worldwide Rentals, Rent2Ride and the NMDA."
Wayne (Lumpy) Ordakowski, Founder of Blue Sky, said of the new agreement, "This alliance with Hacienda Harley-Davidson allows us (Blue Sky and MBAH) to move forward into a higher level of business. To be partnered with one of the country's largest Harley-Davidson dealers was one of our original primary objectives. Now, future deals of this magnitude and type are available to us. We've built the foundation, now we'll build the walls."
Tim Lach of Street Eagle -- Kauai, Hawaii, commented, "The long-standing relationships within our network have bore fruit once again. Having been a part of the very first rental program in the Harley-Davidson enthusiast market, I have seen many positive and impacting changes take place over the years. Hacienda Harley-Davidson and Top Spoke Rentals in Scottsdale, AZ., has been on the forefront of this curve since 1999. Rick Hatch's vision for a World-Class dealership that encompasses the Fly-and-Ride concept partnered with the Rent It, Ride It, Buy It theory has been the mark of excellence and a model for all motorcycle/powersports dealers considering similar programs. The implementation of the NMDA's forward thinking team will undoubtedly produce results far beyond the "within the box" potential of competing rental/sales programs throughout the industry. I could not be more pleased that our efforts over the last 15 years have come to land in Scottsdale, within one of the finest dealership environments that exists anywhere."
"This partnership with one of the top ten revenue producing Harley-Davidson US dealerships is a multi-faceted opportunity for both sides. Many facets will come to fruition in the upcoming days, weeks, months and even years!" said Gaylen Brotherson, CEO of MBAH. He continued, "The big picture is coming together. We had a few bumps along the way, but now we all move forward swiftly, and united. As I speak, and in the very near term, other dealer licensing and large manufacturer sponsored programs are being completed. We'll announce those to our Shareholders as we implement them. This is an exciting time for MBA and its subsidiary companies right now as we carry the momentum these deals provide into profitability."
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to business conditions and the amount of growth in the insurance or associated automotive industries and general economy, competitive factors, and other risks detailed from time to time in the company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q. The company does not undertake any obligation to update forward-looking statements.
Contact: For additional information contact: Gaylen Brotherson (480) 860-2288 ext. #317
-------------------------------------------------------------------------------- Source: M.B.A. Holdings, Inc.
Posted by NomarKash on :
quote:Originally posted by renrob05: I will pick some up when it hits 0.022 or lower
Hope you picked some up - this is looking great! Nice movement and volume without much news....
Posted by NomarKash on :
Spoke a little too soon, here is some news:
MBAH Announces Issuance of Stock Dividend Thursday October 13, 8:30 am ET
SCOTTSDALE, AZ--(MARKET WIRE)--Oct 13, 2005 -- MBA Holdings, Inc. (OTC BB:MBAH.OB - News) announces it will pay Shareholders of MBAH a stock dividend equal to one share of its common stock for each 200 shares of MBA Holdings, Inc. held. The stock dividend will be payable to Shareholders of record on Friday, November 25, 2005. The MBAH Board of Directors declared the stock dividend at their meeting on October 12, 2005. The company is gratified by continued shareholder commitment to the future success of MBAH and its wholly owned subsidiary companies including: the Auto Warranty and Insurance Division, the National Motorcycle Dealers Association (NMDA), Blue Sky Motorcycle Rentals, Street Eagle Motorcycle Rentals, Rent2Ride Motorcycle Rentals, WorldWide Rentals and iDigital.
Contact: Contact: MBA Holdings Inc. http://www.MBADirect.com Gaylen Brotherson 480-860-2288, ext. 317
-------------------------------------------------------------------------------- Source: M.B.A. Holdings, Inc.
Posted by NomarKash on :
What a great two days!!!
Posted by Zygore on :
The Stockpage: Hot Stock Picks for Monday, October 17 10/17/05
Oct 17, 2005 (M2 PRESSWIRE via COMTEX) -- The Stockpage is watching Pacific Gold Corp. (OTCBB: PCFG), World Am Inc., (OTCBB: WDAM), American Energy Production Inc., (OTCBB: AMEP), MBA Holdings Inc., (OTCBB: MBAH), and Bravo! Foods International Corp., (OTCBB: BRVO).
Pacific Gold Corp.'s (OTCBB: PCFG) Black Rock Canyon gold mine is currently under construction and is scheduled to begin gold production in the fourth quarter of 2005. The mine is owned and operated by a subsidiary company, Nevada Rae Gold, Inc.
If the recent increases in the price of gold hold, PCFG revenues for 2006, at Black Rock Canyon, could be as high as $5.3 million with EBITDA of up to $2.5 million. With almost 27,000,000 shares outstanding, EBITDA per share for 2006 would be around $0.08 per share, and the EPS could favor PCFG very well in 2006 and 2007, especially at the stock's current closing price of only $0.32 per share.
The Black Rock Canyon mine is located in Lander County, Nevada in the proximity of the Cortez Gold Mine, owned by Placer Dome and Rio Tinto PLC (RTP),
Geologist reports have placed the estimated resources for the Black Rock Canyon mine at up to 500,000 ounces of gold which would give a mine life of well over 20 years.
Recently PCFG has completed $3.5 million in financing and the company has purchased most of its mining equipment and has begun building construction. Construction is expected to be completed in mid November.
With the recent increases in the price of gold, the Company is well positioned for potential growth at the Black Rock Canyon mine and at its 2 other gold projects, Fernley Gold and Oregon Gold.
The Stockpage believes PCFG is undervalued as its acquisitions and projects are gaining momentum. On Friday, PCFG closed at $0.32
The Company is focused on gold and base metals operations and currently owns four operating subsidiaries. Nevada Rae Gold, Inc. ("Nevada Rae") owns and operates the Black Rock Canyon gold mine, located in north-central Nevada. Pilot Mountain Resources Inc.("Pilot Mountain") owns Project W, a large tungsten based deposit. Fernley Gold, Inc. ("Fernley Gold") has acquired the exclusive lease rights to mine the Lower Olinghouse Placers in north-western Nevada. Oregon Gold, Inc. ("Oregon Gold") owns the Bear Bench claims and Defiance mine, located in south-western Oregon.
Other stocks of interest to watch on Monday, October 17;
World Am Inc., (OTCBB: WDAM) was up 62% on Friday to close at $0.047. Volume was heavy trading over 49 million shares. Earlier in the week, WDAM "reported that its' wholly owned subsidiary, Isotec, Inc., has been notified by a prime contractor to the U.S. Government that its Access Control/Weapons Detection system, specifically designed to enhance security at sensitive government sites, has successfully met and exceeded the contractor's test standards."
American Energy Production Inc., (OTCBB: AMEP) closed up 11% on Friday at 7 cents. Volume was about two thirds its average of 27 million shares. "American Energy Production, Inc. engages in the acquisition, development, production, exploration for, and the sale of oil and gas in the United States."
MBA Holdings Inc., (OTCBB: MBAH) was up 22% on Friday to close at 6.8 cents per share. Volume was over 10 million shares, nearly 5 times the daily average. On Thursday, MBAH announced a 200 for 1 stock dividend that appears to be welcomed by its shareholders.
Bravo! Foods International Corp., (OTCBB: BRVO) was up 4 cents on Friday to close at $0.525 per share. Volume was close to the daily average of 4.1 million. "Bravo! Foods International Corp. engages in the development and marketing of a company-owned Slammers brand in the United States, as well as in Puerto Rico, the Middle East, Canada, Mexico, and China."
The Stockpage is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. The Stockpage profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of The Stockpage and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and The Stockpage research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. The Stockpage disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. The Stockpage is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in The Stockpage profiled stocks.
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Blue Sky / NMDA Sign International Tour Partner Monday October 17, 8:30 am ET
SCOTTSDALE, AZ--(MARKET WIRE)--Oct 17, 2005 -- MBA Holdings, Inc. (OTC BB:MBAH.OB - News) and its subsidiary companies, Blue Sky Motorcycle Rentals, Inc. and the National Motorcycle Dealers Association (NMDA), announce a new International Tour Partner from Mazatlan, Mexico. ADVERTISEMENT
Steel Thunder Outfitters, based in Mazatlan, Mexico has executed a long-term contract for services provided by the NMDA and Blue Sky Motorcycle Rentals, Inc., both wholly owned companies of MBAH.
With over 30 years experience in the vacation tour industry, Billy Chapman Jr. of Steel Thunder Outfitters (STO) provides all-inclusive tours for the discriminating traveler. Tour options include World-Class bass lake and deep-sea fishing, guided Harley-Davidson motorcycle tours, 5-star accommodations, meals, events, and many other amenities. "I am pleased to be associated with the industry leaders such as Tim Lach, Blue Sky Lumpy, and Gaylen Brotherson from MBAH. Our niche market, paired with the combined growth of Blue Sky, STO, and NMDA programs completes the circle for this heavily traveled region and evolves our interests into a combined effort towards international motorcycle tourism and rental market dominance," said Billy.
Tim Lach of Lihue, Hawaii, negotiated the partnership with STO on behalf of the NMDA and Blue Sky. Tim commented, "One-way rentals from Mexico to the United States and vice versa, are now possible. Our rental locations in Phoenix, Tucson, Las Vegas, Southern California and beyond, now allow us to effectively rotate our rental fleets, keeping fresh rental units throughout the marketplace. Tapping into the huge Mexican travel and tourism market with this partnership places us squarely in the forefront of the international rental market. My thanks and congratulations to all involved in spearheading this revolutionary concept. I could not be more pleased with the progress of the NMDA, and in such a short period of time."
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to business conditions and the amount of growth in the insurance or associated automotive industries and general economy, competitive factors, and other risks detailed from time to time in the company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q. The company does not undertake any obligation to update forward-looking statements.
-------------------------------------------------------------------------------- Source: M.B.A. Holdings, Inc.
Posted by NomarKash on :
MBA Holdings Shareholder Progress Update Monday October 24, 8:30 am ET
SCOTTSDALE, AZ--(MARKET WIRE)--Oct 24, 2005 -- MBA Holdings, Inc. (OTC BB:MBAH.OB - News) and its subsidiary companies, Blue Sky Motorcycle Rentals, Rent2Ride Nationwide, Worldwide Motorcycle Rentals, Street Eagle Motorcycle Rentals and the National Motorcycle Dealers Association (NMDA), reports progress on their motorcycle rental division. ADVERTISEMENT
This update reports on Motorcycle rentals at the company-owned stores in Las Vegas and Phoenix which are experiencing record sales and we expect a record-breaking year for 2005, and in the next twelve months. We are still updating our accounting records from the Denver, Colorado, store and we will announce the results as soon as available. As planned, the Denver store will be closing for the winter season within a few days and personnel and motorcycles will be assigned to the Phoenix and Las Vegas locations until spring, when we will hold a Grand Reopening of the Denver store in the spring of 2006.
Dan Marovich, who has been doing an outstanding job as one of our rental managers, runs the Phoenix Blue Sky store, and the Phoenix Rental Center has been chosen to be the featured rental store in November's NMDA CEO Corner. Dan has also been the leading beta-test rental location of our new rental software program, which will be made available to all Blue Sky, Street Eagle, Rent 2 Ride and WorldWide Rental stores starting next week.
MBA Holdings, Inc. September 15, 2005 Press Release and the October 5, 2005 Press Release by Extreme Innovations signing of the license agreement with Street Eagle, LLC. that they will operate under the Street Eagle and Extreme Toyz Motorcycle Rental locations name in Tampa, Florida and Chicago, Ill. (See www.nationalmda.com news section) the opening of their rental stores in Tampa and Chicago, our latest expansion, is progressing well, and they expect the opening of the first store in Tampa in November 2005. All license agreements with Extreme Toyz were signed by mid October 2005, permits will be issued soon and operations will proceed.
About Extreme Innovations
Extreme Innovations, Inc. markets, sells, and distributes cutting-edge recreational vehicles. Extreme Innovations, Inc. is devoted to providing new, extreme recreational products with a marketing platform as well as sales support to help bring them to market. The new stores will start with a fleet of up to 20 new Harley-Davidson motorcycles and assorted Metric Cruisers in their rental outlets and the new HovPod, a personal recreational hovercraft.
Our Latest Store to Open
Blue Sky Motorcycle Rentals of Clearwater, Florida, has opened, but on a limited scale because of delays in delivery of Motorcycles and transportation problems that were brought on by the recent hurricanes, which backed up freight across the United States; we expect them to be fully operational by early November 2005.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to business conditions and the amount of growth in the insurance or associated automotive industries and general economy, competitive factors, and other risks detailed from time to time in the company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q. The company does not undertake any obligation to update forward-looking statements.
Contact: For additional information contact:
Gaylen Brotherson (480) 860-2288 ext. #317
-------------------------------------------------------------------------------- Source: MBA Holdings, Inc.
Posted by NomarKash on :
Blue Sky-Las Vegas to Operate Las Vegas Chopper Rentals Monday December 5, 8:51 am ET
SCOTTSDALE, AZ--(MARKET WIRE)--Dec 5, 2005 -- The CEO of MBA Holdings, Inc. (OTC BB:MBAH.OB - News) and its subsidiary companies, Blue Sky Motorcycle Rentals, Inc. and the National Motorcycle Dealers Association (NMDA), Gaylen Brotherson, announced today they have entered into an agreement with Las Vegas Choppers, a Las Vegas Motorcycle Rental agency and apparel dealer, www.lvchoppers.com to fold its rental and sales operations into the Blue Sky Escape Eagles store located at 4080 W. Desert Inn, # W102, Las Vegas, Nevada, www.escapeeagles.com with a management team under the direction of Viktor Pabst, resident area manager. ADVERTISEMENT
Las Vegas Choppers rents Harley-Davidson, Custom Built motorcycles, Honda Gold Wings, Triumph motorcycles and sells the famous Las Vegas Chopper line of t-shirts and apparel. All phone lines; advertising and reservations have been consigned to the Blue Sky rental store.
Viktor Pabst, Blue Sky manager who was instrumental in creating the Las Vegas Chopper deal, has many year's experience in the national and international motorcycle rental and vacation tour industry. He designs tours for the discriminating traveler in and around Las Vegas by day and the fabulous Las Vegas at night Victor's expert knowledge of European travelers combined with the Las Vegas glitz and special hotel accommodations, meals, shows, and many other amenities make this a winning combination.
Viktor Pabst added, "We see a great opportunity to expand our existing business with no additional personal or operating expenses. The popularity of Las Vegas Choppers branding along with the strength of the Blue Sky organization is a sure bet."
Gaylen Brotherson commented, "Our rental locations in California, Phoenix, Tucson, Las Vegas, Salt Lake, and allow us to effectively rent our motorcycle fleet, keeping rental units moving throughout the western United States. This addition of Las Vegas Choppers, helps us to further tap into the huge Las Vegas travel and tourism market. The expanded partnership places us in the middle of the Las Vegas national rental market. Existing Las Vegas Choppers marketing agreements with selected show locations in this entertainment capital will bring substantial business growth to our rental store."
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to business conditions and the amount of growth in the insurance or associated automotive industries and general economy, competitive factors, and other risks detailed from time to time in the company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q. The company does not undertake any obligation to update forward-looking statements.
-------------------------------------------------------------------------------- Source: M.B.A. Holdings, Inc.
Posted by Tooka56 on :
Exciting huh? You know...Christmas is a time of accumulation!
Posted by Elia on :
Has anyone noticed that about a dozen MMs dropped off the L2s?
Posted by NomarKash on :
Blue Sky Opens in Arizona Boss Hoss Dealership Friday December 9, 9:00 am ET
SCOTTSDALE, AZ--(MARKET WIRE)--Dec 9, 2005 -- MBA Holdings, Inc. (OTC BB:MBAH.OB - News) and its subsidiary powersport rental company, Blue Sky Motorcycle Rentals, Inc. announces a new exotic rental Licensee in Scottsdale, Arizona. ADVERTISEMENT
Boss Hoss of Scottsdale, Arizona and Blue Sky Motorcycle Rentals have executed a definitive agreement introducing the first automotive powered V-8 Boss Hoss motorcycle into rental service in the world. Terms of the agreement negotiated by Blue Sky Founder Wayne (Lumpy) Ordakowski were not disclosed. Ordakowski commented, "Blue Sky was the first to rent custom choppers over 3 years ago and now we take another bold step introducing these unique Boss Hoss bikes and trikes to the rental populace. I always wanted to ride one, but there was really no outlet for the attempt. Now there is. We're expecting many dealers to follow our lead."
CEO-Gaylen Brotherson stated, "This is truly exciting... another first for Blue Sky and not the last, look for more from the team in the near future."
About Boss Hoss: Boss Hoss Cycles, Inc. was established in 1990 when Monte Warne, the Founder and President of Boss Hoss Cycles, Inc., created his first Chevy V-8 powered motorcycle in his 5000 square foot shop in Dyersburg, TN. Monte, a commercial aircraft pilot and degreed aviation airframe and power plant technician, was the first to design a V-8 powered motorcycle that has a traditional cruiser motorcycle style, look and feel. This was accomplished by his unique approach to the motorcycles single speed (one gear) transmission design. The right angle drive transmission allows the length of the bike to be kept to a minimum and the engine-mounting inline with the frame made for a well-balanced design that is unequaled by any other V-8 powered motorcycles.
Over the past fifteen years Boss Hoss Cycles, Inc. has grown from its humble beginnings in Monte's shop to a 22,000 square foot manufacturing facility. The product line has also grown from the conventional two-wheeled motorcycle to include three-wheeled vehicles commonly referred to as trikes.
The product has seen significant improvements over the years through the R&D efforts of Boss Hoss Cycles' in house engineering personnel and specialty contractors. Features like a 2-speed transmission with reverse, inverted front suspension, vacuum formed body panels, investment cast structural frame components, and many other specially designed components have helped improve the rigidity and ride of the Boss Hoss motorcycles.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to business conditions and the amount of growth in the insurance or associated automotive industries and general economy, competitive factors, and other risks detailed from time to time in the company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q. The company does not undertake any obligation to update forward-looking statements.