Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Hot Stocks Free for All !
»
DJRT - Dale Jarrett Racing Next Winner
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by Jo4321: [QB] 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 [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2