Shareholder Group Seeks Support of Other Shareholders of Power Sports Factory, Inc.
LAS VEGAS, April 1, 2012 (GLOBE NEWSWIRE) -- Market Broadcast, LLC, an investor relations and public awareness consultant, announced today that it is aiding a group of shareholders of Power Sports Factory, Inc. (Pink Sheets:PSPF), that are seeking the support of other shareholders, in an effort to bring shareholder value to the company, by dealing with the creditors, vending an asset into the company, and bringing the company back into regulatory compliance. A representative of the group, has already approached a well-known shareholder, who recently filed a Schedule 13G with the Securities and Exchange Commission and OTCmarkets.com, in order to register newly obtained shares in the company.
The shareholder group is offering to vend any one of a number of assets available to them, into the company, provided that the circumstances are beneficial to all concerned. One particular asset available to the group, that would seem to be an ideal transaction, is a series of gold prospects in Nevada.
The group seeks to have other interested shareholders identify themselves to the group, in order to gauge the support for establishing a new board of directors and a new direction for the company. Interested parties may make themselves known by email to firstname.lastname@example.org. Please include your name, contact information and the number of shares currently owned.
As the success of the shareholder group is subject to a number of factors beyond their control, including, but not limited to, the cooperation of other shareholders, no investment decision should be based upon the contents of this press release.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Power Sports Factory, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. The issuers of this press release caution you that any forward-looking information provided by or on behalf of or regarding Power Sports Factory, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Power Sports Factory, Inc.'s control or the control of the issuers of this press release.
No investment decision should be based upon the contents of this press release.