Rating upgrade and estimated date for Q2 reports. Things looking good! IMO
Dynasty Limousine Inc. Receives Rating Upgrade; Provides Update on Company EventsLast update: 7/9/2012 10:56:00 AMJACKSONVILLE, Fla., July 9, 2012 /PRNewswire via COMTEX/ -- Dynasty Limousine Inc. (pinksheets
NYS), a full service Luxury Transportation and Limousine firm covering the southeast United States, announces that it has received a rating upgrade on its securities through OTC Markets. As of this morning, the rating was changed to OTC Pink "current information" which denotes that the company has met all the guidelines for transparency and financial reporting. Pierce Fleming, Dynasty Limousine's CFO, states, "We are committed to providing the highest level of transparency and integrity in all aspects of our business. Information is freely available from our transfer agent as well as the timely reporting of all financial data and revenues generated by the company. As Dynasty continues to grow, uplisting to a higher exchange will be an integral part of future expansion." The company recently announced the development of a new online booking tool for its nationwide affiliates. This new service will bring in additional revenues for the company, and beta testing is scheduled to begin later this month. Over the weekend several additional operators were added to the database, and the launch areas have been increased. Further updates regarding this exciting new offering will be released periodically over the next few weeks. Second quarter financial reports will be released on or about July 31st. A preliminary review of the quarter reveals that it was the best in the company's 14 year history, with all-time record revenues and net profit. Dynasty added many new vehicles to its fleet during the third and fourth quarter of 2011, and marketing strategies were modified. As a result the company is seeing increases across the board and client satisfaction remains high with an A+ rating from the Better Business Bureau. 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 18 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 14,539,275 with an estimated float of 2,946,272.
