NLUB -- Nitro Lube, Inc.
Profiled at http://www.pennystock-pick.com/
Thanks Zardi for checking out the so-called office!!
The symbol changed from NTLB to NLUB
Jan 22 with 3/1 stock split.
109,986,580 shares issued and outstanding, with a trading float of 15,600,000.
The automotive aftermarket grew by 3.5% in 2003 to reach a value of $177.3 billion, and is forecast to have a value of $207.5 billion in 2008, an increase of 17% from 2003. The Do-It-Yourself sector accounts for approximately 19% of this growing market. Nitro Lube was a hit at the Global Petroleum Show in June 2006, and announced that the 90 store chain of Lordco Auto Parts and Premium Auto Parts (part of the Canada wide Auto Sense group) as the latest distributors of Nitro Lube products. The racing community has now been exposed to the Nitro Lube products, with 5 Nitro Lube racing teams active in five racing circuits in Canada . The company is well on its way to capturing a share of this strong market sector.
Company and stockholder information
NITRO LUBE, INC.
Nitro is a development stage corporation, organized under the laws of the state of Nevada on March 22, 1996. Nitro is engaged in the business of manufacturing and worldwide marketing of high tech lubricants and fuel conditioners. All products, produced and sold by Nitro contain the revolutionary propertiy “PMF2000” formula. The Company maintains a web site at www.nitrolube.com.
The Company’s main office and manufacturing facility are located at 22652 Fraser Highway, Langley, B.C. V2Z 2T8: telephone (866) 539-9404, fax (604) 539-9425.
The Company’s U.S. executive offices are located at 1701 W. Charleston Blvd., Suite 520 Las Vegas, NV 89102: telephone (702)228-9494.
Nitro’s management is very experienced in business administration and management. Jason Rite, President and Chief Executive Officer, is responsible for all administrative matters for United States and Canadian operations. Mr. Rite is Chairman of the Board of Directors of Nitro Lube, Inc. (NTLB) and Chief Executive Officer of Nitro Lube Canada, Ltd., the Company’s wholly owned subsidiary. Larry Bonafide is the Secretary/Treasurer and Director of the Company and is responsible for accounting and financial management, purchasing, marketing and personnel. Ken Woodgrift is technical and marketing advisor and serves as a Director.
Nitro Lube is engaged in the business of manufacturing and worldwide marketing of high tech lubricants and fuel conditioners. All products, produced and sold by Nitro Lube contain the revolutionary “PMF2000” formula. The Company maintains a web site at www.nitrolube.com.
Nitro Lube’s products consist of various Lubricants that are standard to the market in a variety of areas. The Company’s products are suitable for these markets: Automobile; Marine; Industrial; Agricultural; Heavy Equipment; and, Aircraft industries. Nitro Lube produces Standard Grade 10W30, 10W40 and 20W50 Synthetic Blend Oils and specialized lubricants for steering, transmissions and differentials. Nitro Lube also produces 2cyle Oil NL-50 & NL-100 for motorcycles, lawnmowers, ATV’s and other specialized vehicles, including custom racing oils. Its state of the art “Multi-Purpose Lubricant” is the most advanced and diversified Lubricant on the market for all types of industrial and household uses.
Other products include “Nitro Lube Machinery Soluble and Non-Soluble Cutting Oil”, “Nitro Lube Turbine Oil” for power station generator turbines, several types of grease. Nitro Lube “RED DEVIL” (an extreme heat grease), Nitro Lube “ARCTIC GOLD” (an extreme cold weather grease) and “Nitro Lube Anti-Seize” for oil drilling rigs.
Nitro Lube produces the best Fuel Conditioners available in the world. Nitro Lube Diesel and Nitro Lube Gas Fuel Conditioners provide extreme lubrication of complete gas/diesel systems, fuel pumps, injectors and spark plugs. It is the only fuel conditioner in the market that lubricates top end valves and other engine chambers.
* All of Nitro Lube’s products contain the company’s properity “PMF2000” formula.
Nitro Lube Canada Inc.
22652 Fraser Hwy.
Langley, B.C. Canada V2Z 2T8
Have a Request to Stockcharts to have NLUB added(5-24-07)
Jason Rite, President; Patrick Day, Secretary/Treasurer
Fiscal Year End: December 31
May 30, 2006
Authorized Shares: 500,000,000
Issued and Outstanding: 109,986,580
Total Restricted Shares: 20,684,732
Trading float: 15,600,000
American Registrar & Transfer Co., Salt Lake City, UT 84111
Nitro Lube, Inc. Announces Record Date for Easy Phone, Inc. Spinout
LANGLEY, British Columbia, March 1, 2007 (PRIME NEWSWIRE) -- Nitro Lube, Inc. (Pink Sheets:NLUB),announced today that its Board of Directors has set the record date for the spinout of Easy Phone, Inc. to be the close of business on March 20th, 2007. Nitro Lube, Inc. shareholders will receive one restricted share of Easy Phone, Inc. for every four shares of Nitro Lube, Inc. they hold at that time.
Easy Phone's President, Patrick Day, stated, "I look forward to moving Easy Phone in a new direction, with a new focus on satellite phone distribution and leasing." He further stated, "We are currently conducting an audit and, once it is completed, we will file a Form 10-SB with the U.S. Securities and Exchange Commission."
LANGLEY, British Columbia, Feb. 22, 2007 (PRIME NEWSWIRE) -- Nitro Lube, Inc. (Pink Sheets:NLUB) announced today that its Board of Directors has voted to spinout the company's wholly owned subsidiary "Easy Phone, Inc." (a Nevada corporation) as a partial self-liquidating dividend to its shareholders. Shareholders will receive one share of Easy Phone, Inc. for every four shares owned in Nitro Lube, Inc. (NLUB). The record date for this dividend, the new Officers and Directors and the new business direction of Easy Phone, Inc. will be announced early next week.
NLUB's President and CEO Jason Rite was quoted, "This step, taken by our Board, is intended to reward our loyal shareholders. It also will allow Easy Phone, Inc. to continue its business under new management as a new public company."
LANGLEY, British Columbia, Feb. 20, 2007 (PRIME NEWSWIRE) -- Nitro Lube, Inc. (Pink Sheets:NLUB), proudly announced today that it has been accepted as a Corporate Lubricant Sponsor for the 2007 "Ontario Formula Ford Challenge" (http://www.offc.ca)
racing season. "More that fifty race cars will sport Nitro Lube decals during the racing season. The Nitro Lube name will be seen by thousands of racing fans and our brand will be associated with top quality racing cars. Nitro Lube will be represented at the 'OFFC' Booth at the 2007 Toronto Auto Show this week. We look forward to this racing season as an excellent opportunity to promote the Nitro Lube name and its products," stated Jason Rite, President and CEO of NLUB.
LANGLEY, British Columbia, Feb. 13, 2007 (PRIME NEWSWIRE) -- Nitro Lube, Inc. (Pink Sheets:NLUB) today announced that Precision Racing Engines of North Vancouver, B.C. Canada, has completed an independent test of NLUB's PMF 2000.
Ron Newton, Co-Owner of Precision Racing Engines stated, "We performed tests on Nitro Lube's PMF2000 oil concentrate on our in-house computerized DTS Dyno. We discovered a significant increase in horse power and Torque when we added Nitro Lube PMF2000 to our 600cu in. test engine. It also decreased the elapse time from the regular test oil from 6 seconds to 5.3 seconds with the added PMF2000. That is a major difference in engine performance. As a result of our testing, we recommend the use of Nitro Lube's PMF2000 concentrate to increase engine performance. We are looking forward to using Nitro Lube in our race engines and OEM engines. Nitro Lube produces a number of other products that we intend to use in our shop and on our equipment."
Jason Rite, CEO of Nitro Lube, Inc. added, "This Computerized Dyno test took two days to complete and the results once again validate Nitro Lube's own findings. We are pleased to work with such a great company as Precision Racing Engines and flattered that this prestigious builder of high-performance race engines recommends and uses our products."
Jan 22, 2007
Nitro Lube, Inc. Announces Three for One Stock Split and Symbol Change
LANGLEY, British Columbia, Jan. 19, 2007 (PRIME NEWSWIRE) -- Nitro Lube, Inc. (Pink Sheets:NTLB), announced today that the company has received confirmation from the NASDAQ Stock Market, that as of Monday, January 22, 2007, at the opening of business, the company's three for one stock split will become effective. The split will be to the benefit of all shareholders of record at the close of business today, January 19, 2007.
Effective Monday, January 22, 2007 the company will trade under the new stock symbol "NLUB."
Nitro Lube, Inc. currently has 36,662,194 shares issued and outstanding, with a trading float of 5,200,000. After the forward split there will be 109,986,580 shares issued and outstanding, with a trading float of 15,600,000.