DOVER, N.H. , May 8, 2012 /PRNewswire/ -- Although its financials will not be posted until May 15 , Racing Limos America, Inc., a subsidiary of Atlas Technology Group (OTC: ATYG), is expected to report a 50% increase in its Q1 2012 revenues over its previous quarter.
"We will be able to confirm these numbers in a few days," says Atlas CEO James Albion . "I am confident the estimates will prove we have yet again shown a revenues increase."
Albion is confident this is the start of a break out year for Atlas and Racing Limos America. "We are getting a fairly steady stream of emails for franchise inquiries," says Albion. "Both from the U.S. and from Canada. Our most popular inquiries in the past 30 days have been for information on Los Angeles CA , Dallas TX , and Birmingham AL ."
Albion also commented on response from north of the border. "I received a franchise inquiry from Montreal , a follow up inquiry from Vancouver , and one from Halifax ( Nova Scotia ) within a 2-hour period," says Albion. "Could be coincidental, but I think it's safe to say the word is out on us."
For the holding company, the estimated $30 million swim & sports complex seems to be getting closer to reality. "We are putting in an offer on 72 acres this week," says Albion. "Our feasibility study is under way, and now that we have some options on the funding, we have begun the search for a builder for both the complex and a building for Racing Limos America's World Headquarters and Training Center."
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