posted
What the hell was up with that dip down to .0022 today? I checked my liquidation value at Scottrade at that exact moment only to find my account had significantly deflated! At least it wasn't permanent. How would something like this happen? What does it mean?
Motorsports Emporium Details Herta Sponsorship Thursday February 3, 9:30 am ET ScaleCars.com on Rolex Daytona 24 Hour Race
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Feb. 3, 2005--David Keaveney, CEO of Motorsports Emporium, Inc. (OTCBB:MSEP - News) announced today the details of their sponsorship agreement with IRL driver Bryan Herta.
Keaveney comments, "Our sponsorship with Herta provides high visibility for the ScaleCars.com logo. ScaleCars.com will be worn on both sleeves of Herta's driving uniform and on the chin area of his helmet during the 2005 racing series."
The IndyCar Series runs 17 races in 2005 starting March 6 through October 16. Races will be televised on ESPN, ESPN2 and ABC Sports. Herta is driving car #7 for Andretti Green.
Additionally, Herta will be driving in the Rolex Daytona 24 Hour Race held Saturday February 6th. The ScaleCars.com logo will be featured on car #44 driven by Bryan Herta, Jan Magnussen and NASCAR Cup Champions Terry and Bobby Labonte.
"Our agreement with Bryan Herta provides tremendous exposure opportunities for Scalecars.com which will assist in growing our brand and corporate awareness," concludes Keaveney.
Bryan Herta's 2004 Highlights:
* Finished ninth in IndyCar Series standings, driving for Andretti Green Racing. * Recorded four top-five finishes and 10 top-10 finishes. * Qualified a career-best third at Nashville. * Led four races for a total of 67 laps. * Started 23rd and finished fourth in 88th Indianapolis 500. * Finished a season-best second at Chicago land Speedway.
Motorsports Emporium, Inc. (OTCBB:MSEP - News) is a fast track new company in the Motor Sports industry targeting amateur and professional enthusiasts who participate in die cast collecting, automobile restoration, high performance accessories, race venues and product licensing.
This news release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein. Contact:
Motorsports Emporium, Inc. Mark Wolkos, 480-596-4002
posted
I would feel better about this one if I could see where pros like Lil, Keithsan, Glassman, and others were weighing in favorably on it.
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posted
I understand future, no offense taken. There are so many good stocks out there that even good players miss a few along the way. I welcome the top players to voice their opinions on this stock. pro/con
Motorsports Emporium Details Herta Sponsorship Thursday February 3, 9:30 am ET ScaleCars.com on Rolex Daytona 24 Hour Race
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Feb. 3, 2005--David Keaveney, CEO of Motorsports Emporium, Inc. (OTCBB:MSEP - News) announced today the details of their sponsorship agreement with IRL driver Bryan Herta. Keaveney comments, "Our sponsorship with Herta provides high visibility for the ScaleCars.com logo. ScaleCars.com will be worn on both sleeves of Herta's driving uniform and on the chin area of his helmet during the 2005 racing series."
The IndyCar Series runs 17 races in 2005 starting March 6 through October 16. Races will be televised on ESPN, ESPN2 and ABC Sports. Herta is driving car #7 for Andretti Green.
Additionally, Herta will be driving in the Rolex Daytona 24 Hour Race held Saturday February 6th. The ScaleCars.com logo will be featured on car #44 driven by Bryan Herta, Jan Magnussen and NASCAR Cup Champions Terry and Bobby Labonte.
"Our agreement with Bryan Herta provides tremendous exposure opportunities for Scalecars.com which will assist in growing our brand and corporate awareness," concludes Keaveney.
Bryan Herta's 2004 Highlights:
Finished ninth in IndyCar Series standings, driving for Andretti Green Racing. Recorded four top-five finishes and 10 top-10 finishes. Qualified a career-best third at Nashville. Led four races for a total of 67 laps. Started 23rd and finished fourth in 88th Indianapolis 500. Finished a season-best second at Chicago land Speedway. For more information on Bryan Herta, the Indy Racing League or Daytona 24 Hours visit www.herta.com,www.indycar.com or www.daytona24hr.com To listen to a two part interview, visit http://smallcapvoice.com/msep/msep-2-2-05.wma
About Motorsports Emporium
Motorsports Emporium, Inc. (OTCBB:MSEP - News) is a fast track new company in the Motor Sports industry targeting amateur and professional enthusiasts who participate in die cast collecting, automobile restoration, high performance accessories, race venues and product licensing.
posted
Joe, don't be offended when the others listed aren't following this one. Those others look for breakouts and quick plays.
MSEP ****IS NOT A QUICK PLAY****, but rather an actual investment not ment for the day trader.
The reason those people aren't following is that they can make $500-$1000 in a day on other stocks.
When the right news hits, their alerts will trigger and they will jump on this one. And, thanks to Joe, all the DD is already available on this thread.
GLTA
-------------------- A day without dreams is just a nightmare!
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44/ DP /Doran Racing /Terry Labonte, Corpus Christi, TX; Bobby Labonte, Corpus Christi, TX; BRYAN HERTA, Valencia, CA; Jan Magnussen, Denmark /Pontiac Doran /Doran Racing
The Race starts on the 5th of February at 12:00 PM
The ScaleCars.com logo will be featured on car #44! On TV!!!!!!
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Just playing & Joe, Great DD! I think Monday will be a good day. Other boards have said that today was going to be a down day but I don't see it. I do see a lot of exposure this weekend and a nice run on Monday! Have a great weekend! ECP
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The IndyCar Series runs 17 races in 2005 starting March 6 through October 16. Races will be televised on ESPN, ESPN2 and ABC Sports. Herta is driving car #7 for Andretti Green.
Additionally, Herta will be driving in the Rolex Daytona 24 Hour Race held Saturday February 6th. The ScaleCars.com logo will be featured on car #44 driven by Bryan Herta, Jan Magnussen and NASCAR Cup Champions Terry and Bobby Labonte.
posted
Msep is a monster! Buying on dips. CEO and insiders are buyimg millions of shares. Read the news!! Soon the float will be bought up by insiders and longs and MM will have no place to hide. The pps will fly. imho
Several new divisions are planned to enhance the rollout of our 2005 growth strategy. Included is a website portal to an online automotive parts dealer, title sponsorship of a race team, distribution of new and diverse product lines and exclusive or co-operative licensing agreements with race drivers to manufacture and sell merchandise and products.
Advisory Board
MotorSports Emporium, Inc. will also establish an advisory board of outside advisors with detailed knowledge of the motor sports industry. Each advisor is chosen based on his/her competency to contribute ideas and past successes to help the business cope with existing circumstances and adapt to new ones. Members of the advisory board will be instrumental in opening doors for the company and breaking down barriers of entry to new opportunities.
Market Opportunity
There are more than 100 million racing enthusiasts in the United States and one-in-three adults consider themselves race fans. Of these, 40% spend nine or more hours per week on race related activities. These fans are the most brand-loyal of all sports fans with 70% loyalty to race sponsors. Auto racing is the fastest growing spectator sport and is second only to the NFL in popularity. MotorSports Emporium, Inc. taps directly into the passion of this market with its planned products and services.
Competitive Advantage
MotorSports Emporium, Inc. is implementing a robust business strategy to directly grow the business into a multi million-dollar company. Already, our subsidiary, ScaleCars.com has established itself as a trustworthy and reputable company with loyal customers. MSEP is focused and very receptive of consumer demographics, expansion and trends. Our strategic business model incorporates a storefront, robust Internet site, trackside events, catalog sales, diversity of products and innovation of co-operative licensing agreements and sponsorship.
MSEP Business Rollout Strategy Q1 - Q4 2005
MotorSports Emporium, Inc has a focused vision for 2005 with an objective to increase gross revenues to $1,000,000 - $5,000,000.
Trackside and Special Events: In 2003 more than 7 million people attended motor sports events. From our due diligence we've discovered a successful manufacturer & merchandiser of die cast cars and memorabilia generated over $60 million from trackside events. The company plans to enter trackside events as part of its strategic business model to increase gross revenues.
Retail Store and Internet: Scalecars.com occupies 2,900 sq ft of which 900 sq ft is used as retail space. To welcome retail customers and impact sales, ScaleCars.com will host a variety of local events in and around the store. The premier ScaleCars.com web site is currently being upgraded to include easy navigation to promote specials, giveaways and valuable links to race events, car shows, car clubs and a chat site. Additionally we will establish magazine advertisements and television commercials as well as market a quarterly product catalog, and provide monthly sales/specials, establish gift cards and weekly email campaigns
Licensing Agreements: Through professional race drivers, team owners and sponsors, MSEP seeks to engage licensing agreements to manufacture, wholesale and retail specialty product lines based on a specific driver, and/or team. Depending upon the popularity of the drivers, the exclusivity of the licensing and distribution channels, MSEP could expects the business of wholesale manufacturing and licensing to play an important role of revenue growth in 2005.
Keaveney concluded by saying, "We've already begun executing our 2005 strategic plan and will update the investment community as we accomplish key milestones. I am truly excited about this industry and the opportunities before us. As always I appreciate your support and continued trust in management and the future of MotorSports Emporium, Inc. and its subsidiaries."
About Motorsports Emporium
Motorsports Emporium, Inc. (OTCBB:MSEP - News) is a fast track new company in the Motor Sports industry targeting amateur and professional enthusiasts who participate in die cast collecting, automobile restoration, high performance accessories, race venues and product licensing. To purchase products visit www.ScaleCars.com or for further information about MotorSports Emporium, Inc. contact: Mark Wolkos, at (480) 556-0821.
This news release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein. Contact:
Motorsports Emporium, Inc. Mark Wolkos, 480-556-0821
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spudnutz, I don't know when its coning out, but it should be a good one accorrding to prior news release. Im buying on dips in hopes for greater rewards.
Look what happened to gtel. MMs took it down for 5 days and then pop. Don't miss the run in msep. It could pop up any day now. imho
Keaveney continues, "It's important for the investment community to know that I don't believe our current stock price represents the true value of our future cash flow. With the spin-off of the gaming subsidiary liabilities, the increase in acquired assets and daily cash deposits, our market cap is barely higher than our acquired inventory! As we finish up our financial year on December 31 and the audited numbers are announced, I believe investors will be surprised at our financial progress and they will value the stock more appropriately than its current historical lows."
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