Replies to post #22550 on Market 99 Ltd (fka MNTY)

[Pastor Phil]

When Good Friday goes Bad
Posted on Friday, April 06 @ 16:00:08 CDT



By Bolton Flautt
MN1 Staff Writer

DALLAS, TX (April 6, 2007) -- This was supposed to be Good Friday, but instead it has turned out to be a giant mess of miscommunication. I had planned on coming in, working part of the day and heading home to watch The Masters. Not so much, thanks to a new press release issued by AutoTrader.com.

This press release was issued to refute the relationship between CompleteAuto, the wholly owned subsidiary of Rocket City Automotive Group (Pink Sheets: RCAU), and AutoTrader.com. Market News First (MN1) published an article yesterday focusing on Rocket City’s recent press release and stock price activity. These press releases were issued over the past two weeks claiming relationships with many big names in the automotive retailing industry.

One of those big names came from a press release issued by Rocket City on Wednesday, April 4, 2007. This name, as you can surely guess, was AutoTrader.com. In the press release, the company says, “It has completed software modifications necessary to allow their dealers to list directly on AutoTrader.com. Available immediately, dealers can begin implementing the CompleteAuto software to list vehicles for sale online at AutoTrader.com.”

MN1 confirmed several of the relationships claimed by Rocket City including the AutoTrader.com relationship by contacting a spokesperson from AutoTrader.com.

As mentioned earlier, AutoTrader.com issued a press release today refuting the relationship with CompleteAuto and stating that MN1 had “erroneously” confirmed the relationship between CompleteAuto and AutoTrader.com. The article states, “A subsequent story Friday, April 6, posted on the Market News First (MN1) website erroneously reported an AutoTrader.com spokesperson confirmed a relationship with CompleteAuto.”

MN1 was contacted today by the same spokesperson from AutoTrader.com saying that there was some miscommunication about their relationship with Rocket City/CompleteAuto and would like to have MN1 issue a retraction.

It is such a shame – with all the advancements in technology and communication these days – when things aren’t “properly communicated” between one party and another. MN1 always attempts to seek out the truth and lay everything on the table so investors can make the right decisions based on the right information.

Best of luck to both AutoTrader.com and Rocket City in 2007, it’s time to go watch The Masters.