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wow guess it wasent worth it
hey masontrend Power sports Factory is looking good closed today .19
sounds like he is pretty huge
Johnson and team owner Rick Hendrick.Former Formula One world champion Mario Andretti, one of the greatest drivers of all time, dropped in on Hendrick Motorsports on Wednesday to present Jimmie Johnson with his third straight Mario Andretti Trophy.
The award honors the best driver of the past year in all forms of motor racing, including F1, NASCAR, Motop GP, etc.
Andretti also took the time to comment on the idea currently being floated in F1 by bernie Ecclestone to replace the points system with medals. Race winners would be given gold medals instead of points under this proposal.
Andretti doesn't think much of the idea.
"I don't endorse it at all," he said. "That's going back to the amateur system. Why change something that's been a part of the profession and sport since the beginning. I don't think it could add to it. I think it would detract
Mario Gabriele Andretti (born February 28, 1940) is an Italian American former racecar driver, and one of the most successful Americans in the history of auto racing. He is one of only two drivers to win races in the four major motor racing categories: Formula One, IndyCar (USAC), World Sportscar Championship and NASCAR, the other being Dan Gurney. He also won races in midget cars, sprint cars and drag racing cars.
During his career, Andretti won four IndyCar titles, the 1978 Formula One World Championship, and IROC VI (the 1978 - 1979 IROC). To date, he remains the only driver ever to win the Indianapolis 500 (1969), the Daytona 500 (1967), and the Formula One World Championship, and, along with Juan Pablo Montoya, the only driver to have won a race in the NASCAR Sprint Cup Series, Formula One, and an Indianapolis 500. No American has won a Formula One race since Andretti at the 1978 Dutch Grand Prix.[1] Andretti had 109 career wins on major circuits.[2]
Andretti had a long career in racing. He was the only person to be named United States Driver of the Year in three decades (1967, 1978, and 1984).[3] He was also one of only three drivers to win races on road courses, paved ovals, and dirt tracks in one season, a feat that he accomplished four times.[3] At his final IndyCar win in April 1993, Andretti became the first driver to win IndyCar races in four decades[4] and the first to win races in five decades.[3]
The name Mario Andretti has become synonymous with speed in the United States,[5] similar to Barney Oldfield in the early twentieth century and Stirling Moss in the United Kingdom
and it will continue to go up
yeah thats true and Mario Andretti now owns 3.3% of the company wich means he belives in the company
how was your day
i agree it sounds like the company is headed in the right way
not could allways be better
not bad and yours
pspf news out
Power Sports Factory, Inc. Modifies Andretti Agreement
Thursday January 29, 3:15 pm ET
PENNSAUKEN, N.J.--(BUSINESS WIRE)--Power Sports Factory, Inc., (OTCBB:PSPF - News) announced today that it has reached an agreement with Andretti IV, LLC., to restructure its licensing arrangement for 2008.
On January 20, 2009, the Company entered into a modification of its licensing agreement with Andretti IV, LLC, for payments due for the year 2008. As of December 31, 2008, PSF had a balance of $540,000 due to Andretti IV, LLC. Under the restructuring agreement, PSF made a commitment to pay $250,000 by February 6, 2009, executed a note for $87,000 due March 30, 2009, and converted $58,000 into 1,000,000 shares of common stock. Upon receipt of the payments, and payment in full of the note, Andretti IV, LLC, agreed to forgive the remaining balance due for 2008. Further details of the agreement can be found in the Company’s Current Report on Form 8-K filed at www.sec.gov.
About Power Sports Factory, Inc.:
New Jersey based Power Sports Factory, Inc., (OTCBB:PSPF - News) imports, markets and distributes motorbikes principally under the “Andretti” and “Yamati” brands. Additional information is available on the Power Sports Factory website at http://www.powersportsfactory.com and www.sec.gov
Power Sports Factory is the only company with motorbikes endorsed by racing legend Mario Andretti. The Andretti line combines top performance, competitive pricing and cutting-edge European design from Benelli. Benelli is the designer of some of the best motorcycles and motorbikes in the world. The Andretti/Benelli line is also known for its high-quality construction, superior styling and superb gas mileage making it the smart value choice for consumers.
Forward Looking Statements
The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Factors that may cause actual results to differ materially from those expressed or implied by its forward-looking statements include, but are not limited to, Power Sports Factory's limited operating history and business development associated with being a growth stage company; its dependence on key personnel; its ability to execute its business strategy; the intense competition it faces; risk associated with disruptions of its international supply chain; its exposure to product liability claims resulting from the use of its products; general economic and capital market conditions; its ability to raise additional capital; as well as those risks described under the heading "Risk Factors" of Power Sports Factory's Form 10-KSB/A, filed with the Securities and Exchange Commission on August 18, 2008. Although Power Sports Factory, Inc. believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct.
Contact:
Power Sports Factory, Inc.
Shawn Landgraf, CEO
856-488-9333
info@powersportsfactory.com
Power Sports Factory, Inc. Modifies Andretti Agreement
Thursday January 29, 3:15 pm ET
PENNSAUKEN, N.J.--(BUSINESS WIRE)--Power Sports Factory, Inc., (OTCBB:PSPF - News) announced today that it has reached an agreement with Andretti IV, LLC., to restructure its licensing arrangement for 2008.
ADVERTISEMENT
On January 20, 2009, the Company entered into a modification of its licensing agreement with Andretti IV, LLC, for payments due for the year 2008. As of December 31, 2008, PSF had a balance of $540,000 due to Andretti IV, LLC. Under the restructuring agreement, PSF made a commitment to pay $250,000 by February 6, 2009, executed a note for $87,000 due March 30, 2009, and converted $58,000 into 1,000,000 shares of common stock. Upon receipt of the payments, and payment in full of the note, Andretti IV, LLC, agreed to forgive the remaining balance due for 2008. Further details of the agreement can be found in the Company’s Current Report on Form 8-K filed at www.sec.gov.
About Power Sports Factory, Inc.:
New Jersey based Power Sports Factory, Inc., (OTCBB:PSPF - News) imports, markets and distributes motorbikes principally under the “Andretti” and “Yamati” brands. Additional information is available on the Power Sports Factory website at http://www.powersportsfactory.com and www.sec.gov
Power Sports Factory is the only company with motorbikes endorsed by racing legend Mario Andretti. The Andretti line combines top performance, competitive pricing and cutting-edge European design from Benelli. Benelli is the designer of some of the best motorcycles and motorbikes in the world. The Andretti/Benelli line is also known for its high-quality construction, superior styling and superb gas mileage making it the smart value choice for consumers.
Forward Looking Statements
The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Factors that may cause actual results to differ materially from those expressed or implied by its forward-looking statements include, but are not limited to, Power Sports Factory's limited operating history and business development associated with being a growth stage company; its dependence on key personnel; its ability to execute its business strategy; the intense competition it faces; risk associated with disruptions of its international supply chain; its exposure to product liability claims resulting from the use of its products; general economic and capital market conditions; its ability to raise additional capital; as well as those risks described under the heading "Risk Factors" of Power Sports Factory's Form 10-KSB/A, filed with the Securities and Exchange Commission on August 18, 2008. Although Power Sports Factory, Inc. believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct.
Contact:
Power Sports Factory, Inc.
Shawn Landgraf, CEO
856-488-9333
info@powersportsfactory.com
Power Sports Factory, Inc. Modifies Andretti Agreement
Thursday January 29, 3:15 pm ET
PENNSAUKEN, N.J.--(BUSINESS WIRE)--Power Sports Factory, Inc., (OTCBB:PSPF - News) announced today that it has reached an agreement with Andretti IV, LLC., to restructure its licensing arrangement for 2008.
ADVERTISEMENT
On January 20, 2009, the Company entered into a modification of its licensing agreement with Andretti IV, LLC, for payments due for the year 2008. As of December 31, 2008, PSF had a balance of $540,000 due to Andretti IV, LLC. Under the restructuring agreement, PSF made a commitment to pay $250,000 by February 6, 2009, executed a note for $87,000 due March 30, 2009, and converted $58,000 into 1,000,000 shares of common stock. Upon receipt of the payments, and payment in full of the note, Andretti IV, LLC, agreed to forgive the remaining balance due for 2008. Further details of the agreement can be found in the Company’s Current Report on Form 8-K filed at www.sec.gov.
About Power Sports Factory, Inc.:
New Jersey based Power Sports Factory, Inc., (OTCBB:PSPF - News) imports, markets and distributes motorbikes principally under the “Andretti” and “Yamati” brands. Additional information is available on the Power Sports Factory website at http://www.powersportsfactory.com and www.sec.gov
Power Sports Factory is the only company with motorbikes endorsed by racing legend Mario Andretti. The Andretti line combines top performance, competitive pricing and cutting-edge European design from Benelli. Benelli is the designer of some of the best motorcycles and motorbikes in the world. The Andretti/Benelli line is also known for its high-quality construction, superior styling and superb gas mileage making it the smart value choice for consumers.
Forward Looking Statements
The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Factors that may cause actual results to differ materially from those expressed or implied by its forward-looking statements include, but are not limited to, Power Sports Factory's limited operating history and business development associated with being a growth stage company; its dependence on key personnel; its ability to execute its business strategy; the intense competition it faces; risk associated with disruptions of its international supply chain; its exposure to product liability claims resulting from the use of its products; general economic and capital market conditions; its ability to raise additional capital; as well as those risks described under the heading "Risk Factors" of Power Sports Factory's Form 10-KSB/A, filed with the Securities and Exchange Commission on August 18, 2008. Although Power Sports Factory, Inc. believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct.
Contact:
Power Sports Factory, Inc.
Shawn Landgraf, CEO
856-488-9333
info@powersportsfactory.com
nice
soon soon as long as they con. priting more money it will go up
go go go
thnx
you know what i mean $$
you could bring the horse to the water cant make him drink
nice
because gold is safe now
agreed
it will happen
GOLHF & PSPF
it does look good check out the chart
.18 x .19
ok thnx i'll bring the drinks
dont shoot
nice looking better
me too
how we doing
i agree right on 100% on the money
yes it is sweet like water
looks like we might be able to see .20 again soon
i agree lets rock and roll
nice news
lol