Dynasty Limousine Inc. Named a National Top Three Finalist for 2012 Limousine Operator of the Year; Provides Update on Company Events
JACKSONVILLE, Fla., Feb. 7, 2012 /PRNewswire/ -- Dynasty Limousine Inc. (PINKSHEETS: DNYS), a full service Luxury Transportation and Limousine firm covering the southeast United States, has been named one of three finalists for the Livery industry's top award. LCT Magazine chooses the three top companies that represent the best in service, safety, and overall performance for their annual Limousine Operator of the Year award.
This is the fourth year in a row that Dynasty Limousine has been named a National top three finalist for this honor. The winner will be announced at the International Limousine Convention in Las Vegas on February 14th. Pierce Fleming, Dynasty Limousine's V.P, will be attending the awards ceremony on Dynasty's behalf. "We are very excited about the nomination this year," stated Pierce Fleming. "We have an outstanding staff that truly cares about our clients and the experience that they receive. Thank you to our clients and LCT Magazine for their support, and we will know in one week if we are chosen as the ultimate winner for the 2012 Limousine Operator of the Year award."
2011 Annual Report
The annual report is being finalized and will be posted on the OTC Markets website on or about February 15, 2012. An attorney opinion letter regarding the annual report will be filed shortly thereafter.
Forward Split Information
Dynasty Limousine is executing a forward split on its common stock. This action is being taken to provide a more stable trading range for its shares given the low amount of DNYS stock available in the market. The actual split ratio is being voted on this week by the majority shareholders, and details regarding this action will be disclosed in a matter of days. The company is currently working with its Securities Consul on the forward split, and key dates along with other pertinent information will be made public in the next press release.
About Dynasty Limousine Inc.
Dynasty Limousine is a full service Limousine and Transportation firm with offices in Jacksonville and Orange Park, Florida. The Company was founded in 1998 and currently operates a fleet of 17 Limousines, Luxury Sedans, and Limousine Buses with service areas primarily in the Southeast United States. The Company is a member of the National Limousine Association, and has a nationwide affiliate network to handle all domestic service requests. Dynasty currently has 16 employees, and is actively seeking acquisitions and expansion into additional markets.
Dynasty maintains an A+ accredited BBB rating, and was named a National top three finalist for "Limousine Operator of the Year" by LCT Magazine for 2009, 2010, 2011 and 2012. Additional company information may be accessed via Dun and Bradstreet, OTCmarkets.com, or by visiting the Investor Relations area located on our corporate websites. At the time of this release, the total number of shares issued and outstanding is 4,836,425 with a current float of 737,175 shares.
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.
Investor Relations Contact
Pierce Fleming Dynasty Limousine
11857 San Jose Blvd. Jacksonville, Florida 32223
(904) 268-7171
www.dynastyjax.com
www.dynastyorangepark.com
SOURCE Dynasty Limousine Inc.
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