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yes it is yay
looking good
Good Morning
GM all
Welcome Aboard
you got it bud
nice move today
everything great by u
GREAT NEWS
WAZ UP
Power Sports Factory Inc. Demonstrates Its Solar Powered Bike Sharing Station at Philadelphia's City Hall
PHILADELPHIA, Nov 5, 2009 (GlobeNewswire via COMTEX) -- Power Sports Factory, Inc. (OTCBB:PSPF) demonstrated its Bike Sharing System during Philadelphia's "Bike The Strike" rally. Today's "Bike The Strike" event was a coordinated effort between Power Sports Factory, CityRyde and the Philadelphia Bicycle Coalition to help alleviate issues raised by the Philadelphia Transit Strike.
"We are very excited to be part of a solution to help commuters during the Transit strike in Philadelphia. Since the launch of our new division -- BikeShareSource, we have received multiple requests from municipalities, colleges and community activist groups to use our Bike Sharing System as a method to reduce congestion in urban areas. On November 4th, 2009, the citizens and commuters of Philadelphia had the opportunity to witness and test an actual demonstration of fully operational Bike Sharing System," said Shawn Landgraf, CEO of Power Sports Factory, Inc. "Our management team, along with CityRyde, are pursuing multiple grassroots marketing initiatives to promote our Bike Sharing Deployments in North America and Worldwide. Our goal is to become a worldwide leader in rapidly developing Bike Sharing Industry."
"Bike Sharing Deployments have changed the way people think about their commute in cities all over the world," said Timothy Ericson, CEO and Co-Founder of CityRyde, the largest and most well recognized bike sharing consulting firm in the world. "We demonstrated to the residents of Philadelphia affected by the transit strike that there are alternative forms of transportation. If Philadelphia had a bike sharing system during this transit strike, there would be a significant decrease in the amount of congestion and commuter related headaches."
About Power Sports Factory, Inc.:
New Jersey-based Power Sports Factory, Inc., is wholly owned by Power Sports Factory, Inc. (OTCBB:PSPF). Power Sports Factory designs, imports and distributes motorbikes principally under the "Andretti" and "Benelli" brands. Additional information is available on the Power Sports Factory website at 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 and superior styling making it the smart choice for consumers. With today's volatile price of fuel, motorbikes are a smart alternative for people looking for superb gas mileage.
BikeShareSource(TM) is the Company's recently launched alternative transportation division. This new division markets Bike Sharing Systems to municipalities and transit agencies, property managers and real estate developers, colleges and universities, military institutions, hotels, parks and other transportation related businesses. Additional information is available on the BikeShareSource website at www.bikesharesource.com.
About CityRyde:
CityRyde is the largest, most recognized global bike share consultancy with a team of credible leaders and subject matter experts well connected to key thought leaders worldwide. CityRyde has traveled the globe testing, analyzing, and comparing the most prominent bike sharing implementations. CityRyde has built strong relationships with key government officials, an array of prospective customers, multiple universities, numerous vendors and a variety of bike share providers to develop an expert understanding of the bike share implementation life-cycle. CityRyde is currently developing a software package codenamed Oyster that will revolutionize the sustainable transportation industry by turning bike share rides into cash. CityRyde won the FastPitch! 2008 "Top Green Business" of the year award, was awarded the "Bicycle Friendly Business" award by the League of American Bicyclists and has been featured in Entrepreneur Magazine, US News and World Reports, and Fast Company amongst others. Additional information: http://www.cityryde.com
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.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Power Sports Factory
By Staff
CONTACT: CONTACT: Power Sports Factory, Inc
Steve Rubakh, President
856.488.9333
888.919.BIKE
Power Sports Factory Inc to Demonstrate Its Solar Powered Bike Sharing Station At Philadelphia's Annual Fall Festival
Power Sports Factory Inc to Demonstrate Its Solar Powered Bike Sharing Station At Philadelphia's Annual Fall Festival
Oct. 1, 2009 (GlobeNewswire) --
PENNSAUKEN, N.J., Oct. 1, 2009 (GLOBE NEWSWIRE) -- Power Sports Factory, Inc. (OTCBB:PSPF) is pleased to announce its first North American Demonstration of its Bike Sharing System during Philadelphia's Fourth Annual Fall Festival, October 3rd, 2009 from 12-8PM.
"We are very excited about the rapid development of our Bike Sharing Operations. Since the launch of our new Division -- BikeShareSource (website: www.bikesharesource.com), we have received multiple requests and invitations from municipalities and universities for information in regards to our unique, sustained transportation solution. On October 3rd, 2009, over 20,000 visitors will have an opportunity to witness and test an actual demonstration of our fully operational Bike Sharing System," said Steve Rubakh, President of Power Sports Factory, Inc. "Our management team along with CityRyde, LLC is aggressively pursuing all business leads in regards to potential Bike Sharing Deployments in North America and Worldwide. Our goal is to become a worldwide leader in rapidly developing Bike Sharing Industry."
About Power Sports Factory, Inc:
New Jersey based Power Sports Factory, Inc., is wholly owned by Power Sports Factory, Inc. (OTCBB:PSPF). Power Sports Factory 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 and superior styling, making it the smart choice for consumers. With today's volatile price of fuel, motorbikes are a smart alternative for people looking for superb gas mileage.
BikeShareSource(TM) is the Company's recently launched alternative transportation division. This new division markets Bike Sharing Systems to municipalities and transit agencies, property managers and real estate developers, colleges and universities, military institutions, hotels, parks and other transportation related businesses. Additional information is available on the BikeShareSource website at www.bikesharesource.com.
The Power Sports Factory, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6670
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
Steve Rubakh, President
845.488.9333
888.919.BIK
2660 Townsgate Road
Suite 300
Westlake Village, CA 91361
Ph : 805-446-1973
Fax: 805-446-19
LOOKING GOOD
$230 mln deal collapses for Panthers - source
* Team owner wanted control, buyer scared of team's finances By Ben Klayman CHICAGO, Sept 10 (Reuters) - A deal to sell the Florida
Panthers to a publicly held company has collapsed as the hockey
team's owner wanted to maintain control while the buyer grew
skittish over the team's finances, a source close to the
situation said on Thursday. Sports Properties Acquisition Corp (HMR.A) could not
finalize the $230 million deal and talks collapsed two days
ago, said the source, who asked not to be identified because
the agreement was never made public. Officials with Sports Acquisition Properties Corp declined
to comment and a spokesman with the Panthers could not
immediately be reached. The Miami Herald reported on Wednesday that the deal had
been derailed because its terms did not satisfy the NHL's
ownership requirements. The paper, citing people briefed on the
situation, said the NHL did not like that Sports Properties
lacked a primary investor taking a substantial equity stake. However, the source told Reuters the deal collapsed because
Panthers owner Alan Cohen did not want to cede control of the
team, while Sports Properties was scared off by the Panthers'
weak finances. A different source had said in June an agreement for the
hockey team; its home, BankAtlantic Center; an arena management
company and some land surrounding the arena, had been reached
for $240 million. A special purpose acquisition company, or SPAC, is a shell
organization using money raised in an initial public offering
to buy another business. That business then becomes publicly
traded through the SPAC once shareholders approve the deal. Sports Properties raised $215 million in January 2008 in
its IPO to invest in the sports, leisure and entertainment
sectors. It has until January 2010 to close a deal or it will
have to return money to investors.
(Reporting by Ben Klayman, editing by Matthew Lewis
thnx tho
i see thnx
PSPF 13 X 14 UP 30%
PSPF BREAKOUT
PSPF .105 X .12
Thnx Watch SPNG & PSPF
it is doing great really good news from the company
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WWW.Bikesharesource.com