Dynasty Limousine Inc. reports record revenues in May, seeks listing on National Securities Exchange

Dynasty Limousine Inc. reports results from operations May 2008: Revenues up 44% over May 2007, YTD revenues up 35% over 2007, pacing a 38% gain over the company's best year. Dynasty is currently positioning itself for a public offering.
By: DYNASTY LIMOUSINE INC.
 
June 2, 2008 - PRLog -- Dynasty Limousine posts record revenues for the month of May 2008.   In a tough economic climate, the Company continues to grow and attract new clients.  While May 08' was a record month for Dynasty, it was also our second best revenue month ever.  Pierce Fleming, V.P. of operations, says "Once again our clients have shown their faith in our service.  Our Business has been thriving in this market due to our attention to detail and customer retention."

Dynasty Limousine is currently up over 35% year to date and is poised for a record breaking year.  The Company has just increased the fleet to 10 Limousines and is looking to add two additional before years end.  As part of our expansion efforts, the company is also looking at opening a satellite office in Savannah, Georgia.

The company is currently in negotiations with three separate Legal and Investment firms to complete the appropriate registration with the Securities and Exchange Commission to become listed on a National Exchange.  Our initial listing will most likely be on the OTC or "pink sheets" based on the speed and cost effectiveness of listing on those exchanges.  Dynasty Limousine is perfectly positioned for this undertaking as we are experiencing fantastic growth and the company has a solid eight year track record.  The company expects to have a deal finalized within 60 days and listing a short period thereafter.

Dynasty Limousine Inc. Is currently a member of:

*The Better Business Bureau
*Chamber of Commerce
*National Limousine Association

About the Company:

Primary Business: Full service Limousine and Transportation Company
Years in Business: 8
Number of Employees: 16
Number of Corporate Officers: 3
Office locations: 2
(main office) 11857 San Jose Blvd. Jacksonville, Fl. 32223
(secondary) 6055 Youngerman Cr. Jacksonville, Fl. 32244
Affiliates: Nationwide
Current Inventory : Approx. $675k (10 Limousines)

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Forward-Looking Statements

Forward-looking statements in this release are made pursuant to the “safe harbor” provisions of the private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts included in this release, are forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company’s products and services, increased levels of competition for the Company, new products and technological changes, the Company’s dependence on third-party vendors, and other risks detailed in the Company’s prospectus and periodic reports filed with the Securities and Exchange Commission. Dynasty Limousine Inc. undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
End
Source:DYNASTY LIMOUSINE INC.
Email:Contact Author
Zip:32259
Tags:Dnys, Ipo, Business, Profits, Company, Stocks, Investment, Limousine, Dynasty, Dynasty Limousine
Industry:Business, Financial, Travel
Location:Jacksonville - Florida - United States
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Page Updated Last on: Jun 18, 2010
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