Stockholders' deficit Preferred stock: $2.75 par value; authorized 2,000,000 shares; no shares issued and outstanding -- Common stock: $.0001 par value; authorized 500,000,000 shares; issued 127,917,782 shares and outstanding 127,798,982 shares 13,140 Additional paid-in capital 17,408,684 Common stock warrants 1,200 Accumulated deficit (21,460,732) ------------ Total stockholders' deficit (4,037,708) ------------ Total liabilities and stockholders' deficit $ 480,009 ============
Posted by The Green Demon on :
those are pretty good numbers for pennyland
Posted by Prdponce on :
quote:Originally posted by The Green Demon: those are pretty good numbers for pennyland
It bounced from here once before... Hoping it does the same here...lol
Posted by Prdponce on :
.014 x .015
Posted by Prdponce on :
.016 x .0169
Posted by Prdponce on :
.015 x .016
Posted by smallpenny 101 on :
GOT TO AGREE.........
Posted by Prdponce on :
BID getting Thicker
Posted by Prdponce on :
starting to goooo
Posted by Prdponce on :
.0163 x .0165
Posted by vg on :
been waiting for 2 weeks for this to happen
Posted by Prdponce on :
.0165 x.0167
Posted by smallpenny 101 on :
GLTA ABOUT TO ROCK
Posted by Prdponce on :
seems that way
Posted by Prdponce on :
Record volume for this one already.... sitting pretty for tomorrow me thinks.... if it holds
Posted by EverGreen on :
.01 was bottom - .015 1st resistence next are .021 .024 .031
Posted by buckstalker on :
Getting some love here...
Posted by Prdponce on :
still in it... MMS weed the weak hands earlier... Picked a buch of shares .014
Posted by buckstalker on :
me too
Posted by penny licker on :
I like this one. I have some at .015. I like the formation and waiting for the pop.
Posted by smallpenny 101 on :
NOT VERY LONG AND THIS WILL ROCK PSV GLTA
Posted by Prdponce on :
closed at .016 ... next week could be nice
Posted by JimSC on :
ISPO: 0.01; great chart for 2nd bounce.
Posted by Levon on :
Expecting good news about the bikes any day now.
Moto Management, Inc. announces research & development contract with noted NASCAR & motorcycle engine designer Jeff Clark.
12/21/2005 10:00 AM
Marlton, NJ December 21, 2005 /Business Wire/ -- Moto Management Inc., in conjunction with Idea Sports Entertainment Group, Inc. (“Idea”) (OTCBB: ISPO - News) announced today that it has executed a contract with Jeff Clark and his company TCX Customs to design a proprietary carburetor, cylinder head and exhaust system for its line of 250 cc motorcycles that debut in the Spring of 2006.
Edward DuCoin, Moto Management President commented “We are delighted to announce today that we have hired Jeff Clark to manage the quality control aspects of our motorcycle product line. Jeff is an expert in engine design for motorcycles as well as race cars, specifically NASCAR engines, and we have contracted with him to design our proprietary new carburetor, cylinder head and exhaust system that will come standard on all of our 250 cc models that are manufactured in China.”
DuCoin also added, “The same technology that Jeff utilizes in the development of NASCAR racing engines will be applied to our 250 cc engine program. These updates to our existing 250 cc engine package will provide MMI with a unique and proprietary marketing and performance advantage in the motorcycle marketplace coupled with our endorsement contracts that give us a unique product offering to the consumer.”
Jeff Clark has been involved in the sport of NASCAR as an engine designer/builder for the past 12 years. Jeff currently is a consultant for Dale Earnhardt Incorporated in the engine department and serves as a crewmember for Dale Earnhardt Incorporated on NASCAR weekends.
In addition to his NASCAR duties, Jeff is the owner of TCX Customs, a custom motorcycle design, manufacturing and repair facility located in Charlotte, North Carolina. TCX designs and manufactures custom motorcycles and also serves as a service repair and custom exhaust manufacturing facility for the motorcycle industry.
Jeff Clark, TCX Customs Owner commented “I am very proud to be a part of what I believe to be a very unique business opportunity within the motorcycle industry. The guys at Moto have created a tremendous product line incorporating quality components and up to date technology for smaller displacement engines and the team at Idea has created a unique marketing strategy to build the brand in the motorcycle marketplace. The combination of those two elements offer us all a tremendous business opportunity that I am very excited about.”
Idea Sports & Entertainment CEO Charles W. Clark commented, "This relationship is very important to the success of Moto Management’s business model. It shows how they plan to ensure the top quality of the products that will be manufactured for retail sale while at the same time differentiating between themselves and other motorcycle manufacturers with the high performance of their products through proprietary technology.”
Added Mr. (Charles) Clark, “Jeff Clark is well known within the NASCAR community as well as within the motorcycle industry and has a stellar reputation amongst his peers. We at Idea Sports & Entertainment are very excited about the promotional programs we have designed that will be marketing the “Signature Series” products designed by Jeff Clark starting in the Spring of 2006.”
Under the joint venture marketing partnership between Idea Sports & Entertainment and Moto Management, Idea Sports Entertainment will be the majority owner in Idea Sports Marketing. As part of the marketing arrangement, Idea Sports Marketing will receive royalties on each motorcycle unit sold as well as accessories merchandise.
About Moto Management, Inc.
Moto Management, Inc. imports and distributes a line of 50 cc to 250 cc motorcycles for retail sale in North, South, and Central America. Its unique line of “Signature Series” motorcycles, which will be available in 2006, will carry the endorsements of some of today’s top professional motorsports drivers and sports superstars, and will be available in a variety of exciting designs and paint schemes.
“Moto Management: The Most Exciting Company On The Planet”.
About Idea Sports Entertainment Group, Inc.
Idea Sports Entertainment Group, Inc. is a sports and entertainment marketing and management company dedicated to marketing and developing sports and entertainment properties.
Contact:
Moto Management, Inc. Edward DuCoin (856) 304-2800
Idea Sports Entertainment Group, Inc. Jack Hargett (803) 227-9060 For additional information: info*ideaseg.com Investor Relations: investorrelations*ideaseg.com
To learn more about Idea Sports Entertainment Group, Inc. please visit www.ideaseg.com
