New "CEO's Corner":
July 11, 2007
The Motorcycle Rental interest level and prospects has been very good in the last few months, we have been working with people from just about every state in the Union, that are interested in opening a rental operation. The common thread is that individuals are wanting to replace their existing job or business with a fun and exciting business like motorcycle rentals and existing motorcycle store owners have discovered that motorcycle rentals can and will improve their business and that rentals sell motorcycles.
Most of the activity has come from the sunbelt states of Arizona, California, Florida and Texas. This along with the interest we are getting from the entire Midwest and other Sunbelt locations will provide many excellent locations in 2008.
July is here, the heat of the summer is here, and that will slow some of the activity in the southwestern states, we had a good spring and lots of motorcycle activity across the U.S., with the opening of the Key Largo, Florida, Greer/Greenville, S.C., Port Aransas, (Corpus Christi) Texas, and the Salt Lake City, Utah rental stores.
A new store is projected to open in Charleston, S.C., Coeur D’ Alene, Id. area, and Houston, Texas in August 2007. Two stores in Las Vegas, NV, Miami/Miami Beach and Orlando, Florida; Oceanside and San Diego, California, plus Phoenix and Tucson, Arizona locations that will open in August or early September 2007. Several other stores in Ohio, Pennsylvania, Texas, Florida and California are very close. The Northeast United States has a lot of motorcycle rental prospects and we feel we will get stores open yet this year or early next. We are close on D.C., N.H., and the Boston area.
Mechanical Breakdown Administrators, Inc. has been busy working on several new automobile warranties, including new programs for Motorcycles and R.V.’s. We are very close to completing the entire redoing of our accounting process, procedures, complete with new accounting and audit staff. It is our goal to reapply for our Bulletin Board status and get approved by late 2007 or early 2008.
Look for our next update 10/31/2007
Thank you,
Gaylen Brotherson
