Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
This stock has not traded a single share since the R/S
http://www.stockwatch.com/swnet/utilit/utilit_snapsh_result.aspx?action=go&symbol=CPBI®ion=U&snapshot=SX
There must be something wrong, possibly with the registration of the new shares. Or maybe there were NSS positions that can't be resolved. I guess we'll have to call the Transfer Agent to get the real story.
VV
dffhogs, You're right, but a 1:20 is not so bad IMO.
At least they're not trying to delibertly kill off the shareholder base.
I am currently arguing with the hypsters on another forum where a 1:500 R/S reduced my $2340 investment down to $9.80
And now it's happening again. It is so obviously a pattern dilluter, it is what I call a "Dilution Pig". Oink, Oink!
It remains to be seen what is going on with Challenger. It seems to me that since the new mgt team took over they have treated the shareholders pretty well by keeping us informed, etc. At least they haven't disrespected the shareholders with lies and massive dilution. And they are selling boats while expanding their territory with new distributors.
I am willing to give this company the "benefit of the doubt" on this R/S. But it was definately a slow mover before, so now it is at dead stop. OUCH!
If the PPS does fall down as you have suggested by other examples, then I will be Loading the Boat here (no pun).
Good Luck.
VV
Most R/S that I have followed, the price is down 50%-80% a month afterwords.
About the only time this dont happen is if the company uplist to another exchange or has some super great verifiable news...
Screamer, Right now the Bid = .0001 and Ask = 2.20
That's on my TDA streamer Watch List.
On the L2 lineup I see MMs on the Bid at .10, .03, .02, .01 and DOMS way down at .0001
IMO these prices are phoney and I think they are indicating that the MMs just don't want to trade this right now.
The pre-R/S price range was .03 and .038
So the equivilent prices SHOULD BE .60 and .76 based on the 1:20 adjustment.
IF I had some dry powder right now I would bid .50 and hope to get lucky. That would be pre-R/S equivilent to .025 and a very good price to pay.
But then again, that's just my opinion...
VV
I think it takes a couple of days after a name change for the brokers to get cought up and able to trade...
cpwb can't trade, and cpbi doesn't appear to able to trade.
Any thoughts on what's up with this?
CPBI post R/S - current Bid: .10 Ask: 2.40
It should be more like Bid: .60 Ask: .76
No trades so far today.
VV
Interesting....
R/S and symbol change to CPBI.
Some serious changes must be coming.
Challenger Powerboats Completes Reverse Stock Split
WASHINGTON, Mo., Oct. 30 /PRNewswire-FirstCall/ -- Challenger Powerboats, Inc. ('Challenger') (OTC Bulletin Board: CPWB), today announced that its Board of Directors has declared a reverse split of its common stock, at a one-for-twenty ratio (every twenty shares being combined into one), effective at the opening of trading on October 31, 2007. Following the reverse stock split, the Company's common stock will trade under a new symbol CPBI on the OTC Bulletin Board.
Who here has been to their main factory??
Has anyone seen one of these boats in person??
April 4, 2007
Team Gallagher, racing their Challenger Powerboats DDC-28, took first pace at the St.Cloud, Florida, divisional race on April 1, 2007. The P5 Class fielded the largest number of boats for the race sponsored by the Rotary Club of St. Cloud. “This divisional race saw a few new boats added to our class”, noted Sean, the team’s owner and driver. “It’s great to see our class building and it allows us the chance to run our equipment up against additional manufacturers,” explained Sean. As Ken Doyle from Mid America Offshore Racing commented: “Hats off go to the entire P5 Class for an exciting performance for the spectators in St. Cloud.”
The water of East Lake Tohopekaliga was relatively flat the whole weekend, thus Team Gallagher had to set their boat up for the prevailing water conditions. “Our boat is set up to run best in 3-4 foot seas offshore, so when we get to a lake race with flat water, we take the additional time in testing to trim the boat to ensure we stay within our mandated speed bracket,” described Sean. “These flat water races are just as much a test of skill as the rough water races,” noted Tom, the team’s driver, “it’s how you adapt those skills to the different water conditions that make the difference.” “We were also able to maximize our boat’s capability and stay within our speed bracket, bettering the other teams in our class,” Sean said. “This enabled us to pull off a win,” Sean continued.
Team Gallagher will be taking a break from the remainder of the 2007 offshore racing season as Sean pursues a military assignment overseas. The Team plans to return for the 27th Annual Key West World Championship in Key West, Florida, November 4-11, 2007.
For more information on how you can be involved in this exciting sport, visit Team Gallagher Offshore Racing online at www.tgor.net
Not a Titans fan, but admire Vince Young. Hope his leg's ok. Good luck. Hope to see you guys there.
lol....the Pats will have their loss coming and I hope it's the first game of the playoffs against the Titans!!
The Cowboys boat sunk last night. Other than that, it's pretty quiet.
anything shaken in the world of power boats this week??
From Pinksheets:
Estimated Market Cap
2,788,834.581 as of Oct 11, 2007
Outstanding Shares
71,508,579 as of May 17, 2007
Number of Share Holders of Record
815 as of Apr 16, 2007
I agree totally...
Was there a reverse split in this stock????
I called the T/Agent and she gave me the numbers:
A/S 100,000,000
O/S 79,283,579
Restricted = 47,019,600
She said as of today......is this right??
I'm really not into boating at all. But I am very impressed on the way their boats look. I can imagine if somebody was into boating. It looks like to me the style of the boats would be a good selling point. The stock is fairly low right now. If we get some more volume there's a possibility it could go higher.
That would be nice if this works out for this company. It does make it more interesting than before. JMO
Challenger Powerboats Teams With World Renown Designer, Pininfarina, to Offer Luxury High Performance Boats
WASHINGTON, Mo., Oct. 3 /PRNewswire-FirstCall/ -- Challenger Powerboats, Inc. ('Challenger') (OTC Bulletin Board: CPWB) today announced that it has engaged the services of Italian design group Pininfarina to create two boats in its high performance series. The Company unveiled illustrations of the newly designed boats during its annual dealer meeting last week and expects to have boats ready for delivery in early 2008. The redesigned boats will be 36 foot models.
Pininfarina, founded in 1930, is known for its cutting-edge, unique designs, primarily of sports cars, most notably Ferrari and Maserati. They are also recognized for their designs of yachts and private aircraft in the transportation industry, as well as designs in the electronics, consumer, home and office, sport, and architecture and interior industries. Headquartered in Turin, Italy, the Pininfarina Group employs more than 3,000 employees throughout the world and has operations in Italy, France, Germany, Sweden, United States, Morocco and China.
Challenger's high performance boats are made with the patented Duo Delta-Conic (DDC) hull, a revolutionary design by world-renowned marine designer Harry Schoell that combines two hulls in one to enhance the boat's stability and deliver faster speeds, better control and a softer ride. Challenger's high performance DDC series of boats are used by professional offshore racers in competition.
'We are delighted to operate in a state-of-the-art market,' said Paolo Pininfarina, President and CEO of Pininfarina Extra, the division of the Pininfarina Group specializing in product and interior design. 'This is the first engagement in the boat sector developed by our American branch, Pininfarina Extra USA, located in Fort Lauderdale (Florida), an office with an extraordinary growing strength in sectors such as boat, aviation, residential and hospitality. Offshore performance boats present a perfect channel through which we can apply our talent in creating exciting, breath-taking designs. Challenger's high quality building standards and state of the art design together with our design creativity will produce a distinctive recreational cruiser for the luxury market.'
Commenting on the soon to be unveiled Pininfarina designed boats, Laurie Phillips, Challenger's president and CEO, stated, 'We are very excited about the concept Pininfarina's design engineers developed for our boats. The boat features are engineered for elegant performance. The combination of Challenger's revolutionary hull design with Pininfarina's style and sophistication makes for an unparalleled experience for its prospective owners.' Ms. Phillips added, 'We intend to limit production of the two boats in 2008 to approximately 30. We plan to further develop our relationship with Pininfarina over the next few years to deliver other distinctly engineered, high performance boats for the discriminate market.'
Too bad this couldn't hold its PPS gains today.
Looks like we're nearly back where we started with Bid=.038 and Ask=.041
It is beginning to look like today's PR was part of an orchestrated attempt to dump some more shares. A lot of shares!
With more than 2 hours left in the session we are at 1,938,151 shares traded. Compare that to the 50-day avg of 35,500 and the 200-day of 195,600. We're at about 10 TIMES NORMAL VOLUME and the PPS is dropping. This is not good.
Just my opinion...
VV
I'm guessing they probably delayed in order to announce the new orders.
If you recall a couple of years ago they had major problems in announcing orders as sales before they were actually booked. That resulted in a major chargeback to the financials and the exit of the entire management team, etc. I think they are probably trying to be extra careful to avoid a redo of this problem. Caution is good!
Just my opinion...
VV
so they had a positive dealer meeting THREE weeks ago. Nice of them to PROMPTLY update the loyal shareholders.
NEWS: Challenger Powerboats Completes First Dealer Meeting Receiving $5.5 million in New Orders
WASHINGTON, Mo., Oct 02, 2007 10:03am
Challenger Powerboats, Inc. today announced that it held its first ever dealer meetings on September 11-12 at Chateau-on-the-Lake Resort at the Table Rock Lake in Branson, Missouri. Boat dealers had the opportunity experience first hand, the comfort and performance, and unique engineering of its world class designed boats. As a result of these meetings, Challenger received orders valued at approximately $5.5 million.
Challenger displayed its DDC line of boats built with the patented Duo Delta-Conic hull designed by world-renown marine architect Harry Schoell. The design incorporates two hulls (the structural body of the boat that rests in the water) to deliver a constant planing surface to enhance stability and handling. It also showcased its Family Performance Series of open bow boats with mid-cabins and its line of world class tow boats, the Gekko Revo and GT series, with the copyrighted, innovative hull design that delivers superior wakes shapes, excellent tracking and rocket-like acceleration. Finally, the Company exhibited the Sugar Sand line of water jet powered boat, for which it has the exclusive right to manufacture and market for Execute Sports Inc. Sugar Sand jet boats range from the 16.5 foot Tango that holds six people to its 23 foot Oasis that holds up to 10 people.
Commenting on the success of the dealer meeting, Challenger's president and CEO, Laurie Phillips, stated, "The management team of Challenger went through a reorganization last year and, as a result, did not conduct a dealer meeting, which is typically done annually, and can represent approximately 30% of a manufacturer's annual sales. Our two day event provided existing and new dealers with the opportunity to experience the quality and performance of our boats, first hand. We were thrilled with the feedback and responses we received from the dealers and extremely pleased with the results."
Ms. Phillips concluded, "In addition to our strategic drive to grow sales, we are concurrently working towards making our manufacturing operations more efficient to ensure we offer the highest quality boat available in the market at competitive prices. We are also enhancing our customer service effort to ensure that our dealer network and customers get a level of service and support that will enhance their experience with Challenger. Additionally, we also expect to introduce new, innovative products in the near future, utilizing our leading-edge engineering, that extend to a luxury class of cruisers."
About Challenger Powerboats, Inc.
Challenger Powerboats, Inc. designs and manufactures high performance 'go fast' offshore racing boats, family sport cruisers, jet boats and water ski tow boats under the brands 'Challenger Powerboats', 'Sugar Sand' and 'Gekko', which target the recreational boating market. Proven world-class technology is incorporated into the manufacturing of our award winning boats at the Company's 65,000 sq. ft. facility located on our 12 acre complex in Washington, Missouri and 80,000 sq. ft facility in Fargo, North Dakota. The Company's boats are sold through our dealer network in the United States, Canada, Mexico, Europe, Australia, the Middle East and Japan. In 2006, Gekko was selected as an official tow boat for the World Barefooting Championships, and the European Barefooting Championships in 2005.
About Execute Sports, Inc.
Based in Torrance, California, Execute Sports, Inc. develops performance products including wetsuits, vests, and rash guards for the action sports industry. The Company's brands include Execute Wetsuits, Vests, Accessories and Wakeskates. For more information, go to http://www.executesports.com.
Sorry they just got rid of a lot of debt because of the transaction with excs.
This company is way undervalued. They just got of all that debt. it looks like it's bottoming out here.JMO
This company has lowered their debt quite a bit. That's a good thing. Look for a turn around in this hidden gem.
Challenger Powerboats Divests Sugar Sand Line of Jet Boats for $5 Million
Company retains exclusive right to supply and market Sugar Sand line.
WASHINGTON, Mo., Sept 04, 2007 10:42am 09/04/2007
CPWB today announced that it has divested the Sugar Sand jet boat line of its wholly owned subsidiary, IMAR, Inc., to action water sports company Execute Sports, Inc. EXCS, a company engaged in the design, manufacturing and sale of water sports products, for $5 million in cash. In conjunction with the transaction, Challenger and Execute entered into an Agreement for Exclusive Right of Supply, through which Challenger will manufacture and sell Sugar Sand boats to Execute, and an Exclusive Sales and Marketing Agreement, through which Challenger will market Sugar Sand boats on behalf of Execute. These agreements are for periods of ten years each, with similar renewal terms. Challenger will retain its other two lines of boats, the high performance "Challenger" line and the ski and tow boat "Gekko" line.
Challenger CEO Laurie Phillips stated, "One of our main goals this year was to strengthen our balance without sacrificing top line growth. The divestiture of Sugar Sands will enable us to eliminate approximately $5 million in liabilities and $300,000 in monthly debt servicing. While we will no longer own the Sugar Sand asset, the ancillary agreements will provide Challenger the right to continue to produce and market the line for Execute, making it possible for Challenger to benefit from its sales and participate in its gross margin contribution. We look forward to a fruitful partnership with Execute and believe we can further exploit other potential opportunities between the two companies in the marine sport sector."
Geno Apicella, CEO of Execute Sports, added, "We have been aggressively seeking to grow our organization through synergistic acquisitions. By acquiring the Sugar Sand franchise, we expand our product offering without the added responsibilities and complexities of the manufacturing process, while positioning the company to capitalize on existing sales and marketing relationships. We believe we are now on pace to approach approximately $10 million in sales for 2008 and will continue to search for other acquisition opportunities."
About Challenger Powerboats, Inc.
Challenger Powerboats, Inc. designs and manufactures high performance 'go fast' offshore racing boats, family sport cruisers, jet boats and water ski tow boats under the brands 'Challenger Powerboats', 'Sugar Sand' and 'Gekko', which target the recreational boating market. Proven world-class technology is incorporated into the manufacturing of our award winning boats at the Company's 65,000 sq. ft. facility located on our 12 acre complex in Washington, Missouri and 80,000 sq. ft facility in Fargo, North Dakota. The Company's boats are sold through our dealer network in the United States, Canada, Mexico, Europe, Australia, the Middle East and Japan. In 2006, Gekko was selected as an official tow boat for the World Barefooting Championships, and the European Barefooting Championships in 2005.
About Execute Sports, Inc.
Based in Torrance, California, Execute Sports, Inc. develops performance products including wetsuits, vests, and rash guards for the action sports industry. The Company's brands include Execute Wetsuits, Vests, Accessories and Wakeskates. For more information, go to http://www.executesports.com.
Not at all as bad as I expected:
Challenger Announces Record Second Quarter Revenue
WASHINGTON, Mo., Aug. 21 /PRNewswire-FirstCall/ -- Challenger Powerboats, Inc. (OTC Bulletin Board: CPWB) today announced its financial results for the second quarter ended June 30, 2007. Revenue for the quarter was a record $3,568,332, which included $395,000 related to business completed during the first quarter. The Company's net loss for the current second quarter decreased to ($0.02) per basic share which compares to a net loss of ($0.30) per basic share for the same period in 2006.
Complete financial results can be viewed on the Company's Form 10-QSB filing for the period ending June 30, 2007 at http://www.sec.gov.
'Our marketing and sales strategy is having a positive effect on our distribution channels. We are encouraged by our second consecutive quarter of record revenue, stated Laurie Phillips, Challengers president and CEO. 'We have also focused on improving the company's efficiencies, which have had a positive impact of gross margins. We intend to further operational efficiencies with the objective of achieving profitability in the near future.'
Ms. Phillips added, 'Additionally, we are currently taking aggressive steps toward restructuring our balance sheet, which should substantially improve our financial condition. These changes are expected to be competed in the current quarter and will go along way toward significantly strengthening the Challenger organization.'
from 8/17 8-k:
On August 13, 2007, our Board of Directors terminated the employment of our Chief Financial Officer, Eric Weible, effective immediately.
On August 13, 2007, our Board of Directors appointed Laurie A. Phillips, our president and CEO, as the interim Chief Financial Officer until a permanent Chief Financial Officer is hired.
Ms. Phillips, a certified public accountant, served as our Chief Financial Officer from May 16, 2005 to June 11, 2007.
Thanks VV.
Not exactly the kind of PR I've been waiting for though.
Challenger Powerboats Expands Distribution to Costa Rica
Company increases its dealer network by 32 since beginning of year
WASHINGTON, Mo., Aug 07, 2007 /PRNewswire-FirstCall via COMTEX/ -- Challenger Powerboats, Inc. ("Challenger") (CPWB : challenger powerboats inc com, a designer and manufacturer of high-performance offshore boats, family sport cruisers, jet boats and water ski tow boats, today announced that it has expanded the distribution of its Sugar Sand line to Costa Rica through a recently established distributor relationship. The Company received an initial order for a total of six boats of its Sugar Sand Tango, Mirage, Oasis and Calais lines representing $170,000 in sales.
Challenger's Sugar Sand jet powered boats range from the 16.5 foot Tango, with seating capacity for six, to its 23 foot Oasis with seating for 10 people. The Sugar Sand line of boats deliver speeds of up to approximately 60 miles per hour and are equipped with Mercury Jet Drive engines -- optional engines provide up to 240 to 260 horse power. In addition to the Sting and Oasis, the Sugar Sand line includes the Mirage, an 18 foot boat with seating capacity for 9, and the Calais, a 19.5 foot boat with seating capacity for nine. Each boat group has available performance, equipment and audio options to accommodate each customers needs.
Challenger also offers the Gekko line of six world class tow boats that range from 20.2 feet with seating for 6, to 23.3 feet with seating capacity for 12, its family performance series open bow boats that range from 24.2 feet to 30 feet and the Duo Delta-Conic hull high performance line that include the DDC 28 and the DDC 33, both made of superior wood-free composite construction, roomy cockpits and expansive forward cabins.
"Our dynamic technology produces superior quality boats that address all segments of the high performance and recreational boating industries. Challenger provides a value proposition to its dealer community by delivering outstanding boats supported by proactive customer service. Our coactive relationship with boat dealers is imperative to ensuring that the customers' experience in owning a Challenger, Gekko or Sugar Sands boat delivers complete product and functionality satisfaction," commented Laurie Phillips, Challenger's president and CEO. "We recognize the mutual responsibilities of the manufacture and dealer to ensure that customer relationships are developed for the long term. Since the beginning of 2007 we have added a net 32 new dealers to our distribution community. We intend to grow this cooperative effort by providing boats that address the needs of dealers' respective markets and supporting their sales efforts with attentive customer service."
Challenger Receives $1.5 Million in Orders for Its High Performance and Family Performance Series Boats
WASHINGTON, Mo., July 12 /PRNewswire-FirstCall/ -- Challenger Powerboats, Inc. ('Challenger') (OTC Bulletin Board: CPWB) today announced that it has received orders for its offshore, high performance boats (DDC-33 and DDC-28) and its family performance series of open-bow boats (245 FPS, 250 FPS, 252 FPS and 302 FPS) totaling $1.5 million.
Challenger's performance series are made with the Duo Delta-Conic (DDC) hull, a patented revolutionary design by world-renowned marine designer Harry Schoell that combines two hulls in one. The unique design uses a wide lipped chine (the juncture of the bottom and either sides of a boat), and combines two hulls (bodies): the forward hull, which creates a bow wave, and the aft hull, which develops a constant planning surface. The result is enhanced stability, softer ride, higher speeds and better control. Challenger holds the exclusive rights to the DDC hull for boats up to 40 feet in length.
Attesting to Challenger's DDC series performance is professional offshore racers Team Gallagher, who took fourth place in the Hollywood Super Boat Grand Prix (Hollywood, FL) in February and first place at the St. Cloud, Florida divisional race this past April in their Challenger DDC-28.
'We continue to experience growing interest in all our boat lines as our distribution network broadens. Our sales management team is focused on establishing brand recognition and market exposure, while our operations management is focused on quality and efficiency,' said Challenger's president and CEO, Laurie Phillips, commenting on the recent sales. 'All our lines, from the Challenger performance series to our world-class Gekko tow boats and our Sugar Sand jet-powered boats offer compelling values in their classes and types.'
Not sure why this was released on a Saturday?
If they want to meet expectations, they need to sell about 1.4 m every month.
CPWB(.04) Receives Orders for 53 of its Sugar Sand and Gekko Boats
Company has started shipping orders, which represent $1.4 million in sales
WASHINGTON, Mo., June 23 /PRNewswire-FirstCall/ -- Challenger Powerboats, Inc. ('Challenger') (OTC Bulletin Board: CPWB) today announced that it has received orders for 36 Sugar Sand and 17 Gekko boats, some of which are in the process of being shipped. The Company's Sugar Sand line of jet driven boats, which uses the same propulsion techniques as jet fighters, range from the 14 foot Sting model to the 23 foot Oasis model, and are all designed for extreme water sports, speed or just leisure cruising. And because of their water jet engineering, the boats can be used in shallow water ways and are highly maneuverable, bringing their sports capabilities to the extreme. Challenger's Gekko innovative line of boats, engineered with the most advanced engineered aerospace technology and exceptional strength, range from 20 feet two inches to 23 feet three inches and offer Mercury powered, 315 horse powered engines (standard). Gekko's superior handling and performance are empowered by its patented keel-forward hull design that tames rough water.
Challenger's Sugar Sand line of boats includes the Sting (14 feet), the Tango Xtreme and the Tango Super Sport (both 16.5 feet), the Mirage and Mirage Fun and Fish (both 18 feet), the Calais (19.5 feet) and the Oasis (23 feet). Its jet-powered propulsion consumes less fuel, has no outdrive or transmission, resulting in 100% of the power going directly to driving velocity, minimal maintenance and easy operation.
Challenger's Gekko boats are a line of world class tow boats, built to deliver the smoothest ride and produce symmetrical wakes that are essential for water sports. Using its patented deep forward keel design, Gekko boats slice through the roughest water to eliminate spray and promote acceleration. The 2006 World Barefoot Championships chose Gekko as its pull boat, while its Gekko Rev 6.7 has become the standard for wakesurfing testing. Challenger's Gekko line includes the Revo 7.1 (23.25 feet), Revo 6.7 (22.17 feet), Revo 6.7i (22.17 feet), GTX22, GTR22 and GTO 22 (all 21.58 feet), and the GTS (20.17 feet), which all come with a 310 horse power PCM.
Challenger's president and CEO, Laurie Phillips, stated, 'The market is beginning to recognize the quality of our boats and their competitive price points. Our increased distribution effort is starting to have a positive impact on sales volume, and interest in our boat lines is growing both here and overseas.' Ms. Phillips, added, 'The Company's marketing advantages include quality, leading-edge engineering, and competitive cost of ownership. We believe these attributes are paramount to securing a critical mass in market share. Concurrent with our increased marketing and sales effort, we are in the process of heightening our cost management discipline in an attempt to maximize gross margins. In addition to increasing sales, we intend to expand gross margin to further our drive to profitability.'
Screamer, That's very interesting!
Barrett Evans, with his 2,300 shares worth $238, is considered to be one of the Top Holders. ??
Well, he does have more shares than I do.
VV
Very nice, but we'll need many more of these announcements to reach last years 12M in sales. Q2 numbers will be critical.
Challenger Announces Follow-On Sale of 10 Sugar Sand Jet Boats to South Korean Coast Guard
CHALLENGER POWERBOATS INC (CPWB) Stock Quote, Chart, News
All PR Newswire NewsWASHINGTON, Mo., June 11 /PRNewswire-FirstCall/ -- Challenger Powerboats, Inc. (OTC Bulletin Board: CPWB) today announced the sale of 10 Sugar Sand 'Mirage' jet boats to the South Korean Coast Guard. The total value of the order is approximately $210,000. Working in tandem with South Korea-based MarineLand LLC, and Nautique International, this order follows an initial order of 41 Sugar Sand "Mirage" jet boats shipped and placed into service for the South Korean Coast Guard during the spring and summer of 2006.
Challenger CEO Laurie Phillips stated, "This follow on order to as prestigious a customer as the South Korean Coast Guard, we believe is a testament to the superior quality and performance of the Sugar Sand line. Additionally, as an organization we have made a conscious effort to increase international sales of our Challenger, Gekko and Sugar Sand models and believe we are making solid progress on this front."
Don't remember this being posted:
April 4, 2007
Team Gallagher, racing their Challenger Powerboats DDC-28, took first pace at the St.Cloud, Florida, divisional race on April 1, 2007. The P5 Class fielded the largest number of boats for the race sponsored by the Rotary Club of St. Cloud. “This divisional race saw a few new boats added to our class”, noted Sean, the team’s owner and driver. “It’s great to see our class building and it allows us the chance to run our equipment up against additional manufacturers,” explained Sean. As Ken Doyle from Mid America Offshore Racing commented: “Hats off go to the entire P5 Class for an exciting performance for the spectators in St. Cloud.”
The water of East Lake Tohopekaliga was relatively flat the whole weekend, thus Team Gallagher had to set their boat up for the prevailing water conditions. “Our boat is set up to run best in 3-4 foot seas offshore, so when we get to a lake race with flat water, we take the additional time in testing to trim the boat to ensure we stay within our mandated speed bracket,” described Sean. “These flat water races are just as much a test of skill as the rough water races,” noted Tom, the team’s driver, “it’s how you adapt those skills to the different water conditions that make the difference.” “We were also able to maximize our boat’s capability and stay within our speed bracket, bettering the other teams in our class,” Sean said. “This enabled us to pull off a win,” Sean continued.
Team Gallagher will be taking a break from the remainder of the 2007 offshore racing season as Sean pursues a military assignment overseas. The Team plans to return for the 27th Annual Key West World Championship in Key West, Florida, November 4-11, 2007.
For more information on how you can be involved in this exciting sport, visit Team Gallagher Offshore Racing online at www.tgor.net
Screamer, Thanks! Since this forum is so quiet...
...it doesn't look like I will have to do much here in the short-term. That suits me just fine, since it is now perfect boating weather here on Puget Sound.
And NO, I haven't tried to contact the company via email or phone. I'm sure they're very busy building boats right now. They got the sales earlier and now they have to deliver. I am sure they will let us know when they cash the checks. Until then, it looks like we will just have to wait it out.
Incidently, I'm very preoccupied with PBLS right now, which is in breakout mode. I just bought in mid-week and was instantly rewarded, up 30% by Friday. It looks like it could easily run to .10 by month end. They said they will join this new OTCQX reporting system and the expected "numbers" should ignite a short squeeze. PBLS looks very good right now.
Good Luck.
VV
Here's a good sign:
http://www.maximomarine.com/index.html
http://www.maximomarine.com/inventory/
Question: Are boats sold on consignment?
Welcome as Mod VV. I'm still not getting e-mails answered. Have you had any luck?
Wallstreetman, Sure... Why not?
You have two assistants now. Offer the top job to them first, and if they decline, then I'll take it.
VV
yes would you like to be Moderator?
Of course, right when I mention that I would like to see it dip before I accumulate more, it surges ahead 25%.
Story of my life.
Wallstreetman, It's all about making the right choice at the right time.
In my opinion, just focusing one one aspect, like a Convertible Debenture, is like "becoming impaled on one's sword". Often times you can miss out by maintaining too narrow a viewpoint. This stock is playable for profit, regardless of the CD. And I don't necessarily agree that all CDs are absolutely "toxic". At this point it is just financing.
Anyway, I wish you the Best of Luck.
If you are leaving, are you interested in transfering your moderatorship here?
VV
Followers
|
3
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
599
|
Created
|
12/17/06
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |