JACKSONVILLE, Fla., March 13, 2012 /PRNewswire/ -- Dynasty Limousine Inc. (PINKSHEETS: DNYS), a full service Luxury Transportation and Limousine firm covering the southeast United States, announces the release of an audio interview with Karl Marek of TheStockRadio.com. The interview was held last week with Dynasty Limousine's C.F.O., Pierce Fleming, and can be accessed at http://thestockradio.com now. Items such as company history, forward outlook, and overall operations were discussed.
Forward Split Update
Dynasty Limousine Inc. is currently executing a 3:1 forward split of its common stock. Paperwork has been filed with both FINRA and the company's transfer agent Broadridge Issuer Solutions. At the time of this release, the company has requested a settlement date for payment of the additional shares on March 30, 2012. Additional information on this process and settlement date will be released after it is received from FINRA.
First Quarter Performance
Through the first two months of 2012, the company has seen a 28% increase in gross receipts versus the same period in 2011. "The addition of new vehicles and enhanced marketing strategies have resulted in our best start ever," stated Pierce Fleming, Dynasty's Vice President and C.F.O. "We are seeing a big increase in overall bookings and online traffic, and we expect this trend to continue. We are also in the process of redesigning and upgrading our websites to align our online message with our new fleet of vehicles."
The company will be releasing the first quarter results and full information and disclosure statement on or about April 30, 2012.
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 17 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 an estimated float of 737,175 shares.
About The StockRadio.com
The StockRadio.com is a small-cap research and investment commentary provider. TheStockRadio.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on TheStockRadio please visit http://thestockradio.com TheStockRadio.com
Disclosure TheStockRadio.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. TheStockRadio.com is a Web site wholly owned by Allan James Group. TheStockRadio.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, TheStockRadio.com, for complete risks and disclosures.
Contact: [email protected]
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.
SOURCE Dynasty Limousine Inc.