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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
posted
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.
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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.
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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."
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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?
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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
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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
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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!
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