Dynasty Limousine completes waiting period for listing on the Stock Market

Nov. 23, 2009 - PRLog -- Dynasty Limousine of Jacksonville, Florida has reached a major milestone today.  The Company began the process to "go public" over three years ago, and now has reached official eligibility by retaining over 50 shareholders for a period of one year.  According to Hoovers and Dun and Bradstreet, Dynasty Limousine will be the United States' first publicly held Limousine Company.  The public listing also comes as the Company is experiencing it's best year since inception in 1998.

Over the next few days, the Company's Securities Attorneys will be filing opinion letters and other documents with the Securities and Exchange Commission as well as the Pink Sheets quotation service.  Dynasty has provided updated financials, and all State filings are in order and current.  Upon review of the Company's financial information, a market maker will provide the opening price and trading will commence.  A stock symbol will be assigned shortly before trading begins and other events will be announced over the coming days.  Dynasty has retained StockTrans Inc. as it's stock transfer agent and registrar, and Tiber Creek Corporation is assisting with the public registration process.

Dynasty Limousine was named a finalist for the 2009 Limousine Operator of the Year award by LCT magazine, and has been officially nominated for the 2010 award.  The Company maintains an A+ accredited rating with the Better Business Bureau, and is widely known for the quality of Limousines and Service that it provides. The company has opened a second location this year, and expects additional expansion in the future.


Total shares issued and outstanding at the time of this release is 4,636,425.  The number of shareholders on record is 57.


ABOUT DYNASTY LIMOUSINE

Dynasty Limousine Inc.  is a full service Limousine and Transportation company based in Jacksonville and Orange Park, Florida.   Our fleet currently consists of 12 Limousines and Limo Coaches with service in Florida and Georgia, as well as affiliates Nationwide.   We are members of the Better Business Bureau, National Limousine Association, and the Chamber of Commerce.  Dynasty Limousine is family owned and operated and has been in business since 1998.  Named a finalist for 2009 Limousine Operator of the Year.

ABOUT TIBER CREEK

Tiber Creek Corporation is privately owned by Cassidy & Associates,  Attorneys at Law.  It is based in Washington, D.C., and also has offices in Beverly Hills, CA.  Tiber Creek maintains relations with underwriters, broker-dealers, market makers, merchant banks, and other financial institutions. Its resources and relationships within financial communities allow it to provide a full range of services.

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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.