Extreme Motorsports of California (EMOC)

[LCLiving]

From the 47% PR

BAKERSFIELD, CA--(MARKET WIRE)--Mar 22, 2007 -- Xtreme Motorsports of California, Inc. (Other OTC:XTMS.PK - News) ("Xtreme" or the "Company"), today provided a further update on the status of its initiative to secure cancellation of approximately 47% of outstanding shares.

Source: Xtreme Motorsports of California, Inc.

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Of the approximately 394 million shares to be cancelled, approximately 300 million have been confirmed by the transfer agent as cancelled and retired. An additional 200 million electronic free-trading shares, are in the process of being re-certificated to bring the current float to 115 million as announced on March 12, 2007. The company is awaiting receipt of approximately 100 million additional shares for cancellation.