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David Keaveney, President and CEO of MotorSports Emporium Inc., Provides Significant Progress Report and Update in an Audio Interview at SmallCapVoice.com Thursday August 24, 2:11 pm ET
AUSTIN, Texas--(BUSINESS WIRE)--Aug. 24, 2006--SmallCapVoice.com, Inc. today announced that a new audio interview is available at SmallCapVoice.com. The featured guest is David Keaveney, President and CEO of MotorSports Emporium Inc. (OTCBB:MSEP - News). The Company recently announced that the Company has completed the purchase of all 2,671,817 shares of its issued and outstanding Series B Preferred Stock ("Pf B Shares") in three private transactions. The interview features Mr. Keaveny's personal insight into this move and all of the company's recent news. The interview can be heard here at http://www.smallcapvoice.com/msep/msep-8-24-06.html.
About MotorSports Emporium, Inc.
MotorSports Emporium Inc. is a fast-track, multi-faceted and diversified company in the motor sports industry targeting INDY, NASCAR, Formula 1 and other racing series, spectators, classic car and high performance auto enthusiasts, professional and amateur mechanics and discriminating consumers in search of high quality auto parts and accessories. MotorSports Emporium's marketing plan is to reach consumers through mass market retailers, auto parts suppliers, and home television shopping networks, infomercials, industry and consumer trade shows, and consumer direct advertising (television, magazine and Internet). For more information visit www.motorsportsemporium.com.Posts: 274 | From: union,nj,usa | Registered: Jan 2004
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and much MUCH MORE to come... MSEP is imo a good candidate to be the "next USXP"; definitely.
Posts: 28 | From: San Diego | Registered: Jun 2006
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LOL ! while it is probably the best time ever to GET IN !!! Listen to the latest CEO's speech on smallcapvoices, you will be surprized: 4 new deals pending, with one with a major worldwide brake maker, only that deal could bring some net profit of about 1.2 Million bucks / year with their GS610. Listen to him, and learn how sales of their new products (wash, polish, ...) stated in Arizona ! much promizing... and more !
Posts: 28 | From: San Diego | Registered: Jun 2006
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Guys, I have read the Pre-14c. As per previously declared by Motorsports Emporium Management, possible additional dilution is now of the past. Current 450 million shares (float) will simply become 1:225 = 2 miilion shares (float)
Apart of a mathematical operation I don't see what it could bring worst ! On the contrary, it will bring the SP to about 0.36 US$ / share, and with perspectives, as soon as 1 US$ is touched, get out OTCBB and get it NASDAQ ! (he said about it with other words,... he said about management buying some shares themselves ...)
Posts: 28 | From: San Diego | Registered: Jun 2006
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When is the split going to take place? Should I stick it out with the stock, or get out fast?
Posts: 10 | From: MI | Registered: May 2006
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quote:Originally posted by Flexibill: When is the split going to take place? Should I stick it out with the stock, or get out fast?
yer closing share price the day before the split will be multiplied by 225 , so you will have the same equity moneywise, jist a hole lot less shares, but i can't tell ya what to do , yull half to make that decision
-------------------- PREPARE TO BE BOARDED Posts: 742 | From: SOUTH CARRIBEAN | Registered: Mar 2006
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The pps will go up some...then probably tank back to near what it was...if not relatively lower. That's typical with an RS.
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
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Thanks for the advice, I'm definately sticking with this one!! it starting jumping up today, in fact, rose to 1.2 cents for about 2 minutes today, lol.
Posts: 10 | From: MI | Registered: May 2006
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Unfortunately, I have no free funds in my Scottrade account. They still do not have electronic transfers, so I'm waiting for my check to be processed. I plan on buying possibly 1,000,000 additonal shares as soon as I can. I really have faith in this company. Regardless of the fears of a reverse-split, the company seems to have a plan, and have a few different avenues they are taking.
Posts: 10 | From: MI | Registered: May 2006
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