Allstocks.com's Bulletin Board Post New Topic  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » .11 and Up! » RCAU - more news just out (Page 2)

 - UBBFriend: Email this page to someone!   This topic comprises 2 pages: 1  2   
Author Topic: RCAU - more news just out
IMAKEMONEY
Member


Icon 1 posted      Profile for IMAKEMONEY     Send New Private Message       Edit/Delete Post   Reply With Quote 
PPS 1.20

--------------------
LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

Posts: 9276 | From: San Diego CA | Registered: Jul 2006  |  IP: Logged | Report this post to a Moderator
hammond_man
Member


Rate Member
Icon 1 posted      Profile for hammond_man     Send New Private Message       Edit/Delete Post   Reply With Quote 
Go RCAU $$ - pushing to break-out past 1.26 - will RUN toward $2
Posts: 339 | From: Ohio | Registered: Sep 2005  |  IP: Logged | Report this post to a Moderator
IMAKEMONEY
Member


Icon 1 posted      Profile for IMAKEMONEY     Send New Private Message       Edit/Delete Post   Reply With Quote 
[Big Grin] [Big Grin] [Big Grin] [Big Grin] [Big Grin]

--------------------
LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

Posts: 9276 | From: San Diego CA | Registered: Jul 2006  |  IP: Logged | Report this post to a Moderator
hammond_man
Member


Rate Member
Icon 1 posted      Profile for hammond_man     Send New Private Message       Edit/Delete Post   Reply With Quote 
RCAU Break-out!!! Now a huge run looks imminent. $$NEWS$$ > Buy-out / Merger possibilities.

RocketCity (RCAU) Explores Opportunities to Sell Its Organization to Automotive Industry Tycoons. Founders of CARad, an eBay Company, Retained to Lead Campaign.
Wednesday June 27, 7:30 am ET


ORLANDO, Fla.--(BUSINESS WIRE)--Rocket City Automotive Group, Inc. (PINK SHEETS: RCAU - News), announced today that it is presently exploring multiple avenues to sell the RCAU organization to automotive industry tycoons. Russell Chaney and Shane Rapp, founders of CARad, an organization purchased by eBay Motors in March, 2003, have been retained to guide RCAU and lead the overall campaign.
ADVERTISEMENT


CARad, an online automotive software solutions company operating as a preferred solutions provider for eBay Motors, has provided dealers nationwide with vehicle listing solutions for eBay Motors for over 5 years. "The product line offered by CARad was nearly identical to that of RCAU's," stated Jeff Roman, CEO of RCAU. On March 3, 2003, CARad was purchased by eBay Motors to integrate an already booming vehicle listing software directly into the eBay Motors listing tool.

Russell Chaney, Co-Founder of CARad, stated:

"It is our professional opinion that the Rocket City Automotive Group is a prime candidate for a potential buy-out by the industry's leading organizations. The software platform created by RCAU has made remarkable progress and continues to show its tremendous impact in the online automotive market. We intend to use our experience gained through the sale of our company, and our vast knowledge of the industry, to aid RCAU in its preparation and negotiations of a proposed acquisition."

CARad founders Russell Chaney and Shane Rapp, through their extensive knowledge on positioning an organization to become an appetizing purchase opportunity for large industry players such as eBay, AutoTrader and Google, will guide RCAU and its personnel to properly position its organization both financially and in the marketplace to provide an enticing opportunity to interested buyers.

"Although we have recently entertained numerous merger opportunities, it is our belief that the RCAU organization has tremendous buyout and acquirable appeal. By estimated numbers, RCAU presently represents over 25 percent of all vehicles listed for sale on eBay Motors, which by opinion would make for an apparently obvious purchase prospect for eBay Motors. Partnering with the founders of a solutions provider company that has been purchased by eBay was the most logical and tactful choice to make aggressive moves in this campaign," stated Jeff Roman, CEO of Rocket City Automotive Group.

About Rocket City Automotive Group, Inc.:

CompleteAuto, a subsidiary of Rocket City Automotive Group, Inc. (PINK SHEETS: RCAU - News) is an eBay Motors Preferred Services Provider and offers proprietary software, personnel and design solutions to hundreds of automotive dealerships around the country. CompleteAuto is a wholly owned subsidiary of RocketCity which was formed to acquire, manage, supervise and operate corporations specializing in auction services, eCommerce, software development and retail automotive operations.

Posts: 339 | From: Ohio | Registered: Sep 2005  |  IP: Logged | Report this post to a Moderator
hammond_man
Member


Rate Member
Icon 1 posted      Profile for hammond_man     Send New Private Message       Edit/Delete Post   Reply With Quote 
RCAU - Another great bounce play here, we should see 1.33 break-out
Posts: 339 | From: Ohio | Registered: Sep 2005  |  IP: Logged | Report this post to a Moderator
  This topic comprises 2 pages: 1  2   

Quick Reply
Message:

HTML is enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2013 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share