Look at this ain't this funny for all that put there hard earned money onto it;
Atlas Technology Expects $25 MILLION in Revenues through Q2 2014 Through Global Franchise Expansion
Feb 25, 2013
Atlas Technology Expects $25 MILLION in Revenues through Q2 2014 Through Global Franchise Expansion
Feb 25, 2013
OTC Disclosure & News Service
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Atlas Technology Expects $25 MILLION in Revenues through Q2 2014 Through Global Franchise Expansion
Each Region will have a Wholly Owned Subsidiary Company under the Parent Company, Atlas Technology and Will Use Vastly Improved and More Efficient Revenue Model
PR Newswire
DOVER, N.H., Feb. 25, 2013
DOVER, N.H., Feb. 25, 2013 /PRNewswire/ -- Atlas Technology Group, Inc. (OTC Pink: ATYG), the holding company for Racing Limos America, Inc., an emerging advertising and marketing company with franchise operated locations, specializing in multi-media marketing partnerships, announced today that the Company has solidified its plan for a global expansion of its brand and franchise operations. This expansion will include the U.S., Canada, the U.K. and very likely, the Middle East Region. The combination of the new business model and creation of international subsidiary companies is expected to bring $25 million in revenue over the course of the next 4-6 quarters.
New corporate subsidiaries are being set up in Canada (Racing Limos Canada™) and the UK (Racing Limos UK™), which will be wholly owned under Atlas Technology. A third corporate subsidiary for the Middle East is also being planned. Through research performed to date, the company estimates thousands of potential franchise locations worldwide.
The business, with its expanding subsidiaries, will be focused strongly on marketing via multimedia and social media as well as advertising which eliminates much of the risk of the old business model, that being essentially a "paid ride" revenue model. Racing Limos America™ possesses proprietary intellectual property including patents and trademarks, and customized race-car themed stretch limos. The Company's objective is to become a serious part of the $200 billion outdoor marketing industry, as well as integration with the $10 Billion limo industry.
"The beauty of our business model," says Atlas CEO and Racing Limos America, Inc. President James Albion, "is that we are dependent on the advertising & marketing aspects of the business, which is nearly recession-proof. We can thrive in this adverse and stagnant economy, and as more government regulations put a stranglehold on the oil industry, which I believe will send gas prices soaring, gas prices will have very little effect on our revenue structure."
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Atlas Technology Expects $25 MILLION in Revenues through Q2 2014 Through Global Franchise Expansion
Each Region will have a Wholly Owned Subsidiary Company under the Parent Company, Atlas Technology and Will Use Vastly Improved and More Efficient Revenue Model
