Xtreme Motorsports (OTC: XTMS), a manufacturer of extreme long travel sandrails and desert racecars, finished the day higher on Friday by 21.53% to close at $.0085 on record volume of 8.91 million shares. The stock is coming off a recent 52-week low, probably getting some action from traders looking to catch a bottom that has lifted shares up from recent technically oversold levels. News for Xtreme Motorsports could be on the horizon as the company last announced in December it was in discussions with several firms to produce an advanced line of sandcar transmission systems. Xtreme has entered into discussions with a Chinese company, with current transmission customers such as Nissan, Mitsubishi and Toyota, to build the units. With the company expected to update shareholders on these potential deals early this year, news could come out at any time and be the catalyst for shares to move back into penny land.