scion
15 years ago
Trading Suspensions: 34-61634 Mar. 3, 2010 Xtreme Motorsports International, Inc.
See also Order
http://www.sec.gov/litigation/suspensions/2010/34-61634-o.pdf
http://www.sec.gov/litigation/suspensions.shtml
The Securities and Exchange Commission (“Commission”) today announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the “Exchange Act”), of trading in the securities of Xtreme Motorsports International, Inc. (“Xtreme Motorsports”), a company organized under the laws of Nevada, commencing at 9:30 a.m. EST on March 3, 2010, and terminating at 11:59 p.m. EDT on March 16, 2010.
The Commission temporarily suspended trading in the securities of Xtreme Motorsports because of questions that have been raised about the accuracy and adequacy of publicly disseminated information concerning trading in the company’s stock. Xtreme Motorsports is quoted on the Pink Sheets under the symbol “XTMM.”
The Commission cautions broker, dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company.
Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not he has complied with the rule, he should not enter any quotation but immediately contact the staff in the Division of Trading and Markets, Office of Interpretation and Guidance, at (202) 5515777. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, he should refrain from entering quotations relating to Xtreme Motorsports’ securities until such time as he has familiarized himself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action.
Any broker, dealer or other person who has any information which may relate to this matter should contact Chedly C. Dumornay, Assistant Regional Director, Miami Regional Office of the Securities and Exchange Commission at (305-982-6377).
Specalculator1
16 years ago
Xtreme Motorsports International to Unveil Environmentally Friendly Hydrogen Hybrid XYB-400
Xtreme Green Launch in 2009
HENDERSON, Nev., March 17 /PRNewswire/ -- Xtreme Motorsports International, Inc. (Pink Sheets: XTMM), through its wholly owned subsidiary, YamaBuggy Sales & Distribution, Inc., is pleased to announce that in conjunction with Quicksand Performance the all new Hydrogen Hybrid XYB-400 Side X Side will be unveiled to select Dealers and Investors in Newport Beach, CA on Friday, March 20, 2009.
The all new XYB-400 will feature a Hydrogen System designed by Hydrogen Hybrid Corp. (Pink Sheets: HYDB) and is designed to improve mileage, and further reduce emissions. The company is in final stages of EPA testing, and expects to receive confirmation on the XYB-400 passing both the EPA and CARB standards without the Hydrogen System by early May 2009. "We anticipate there will be a tremendous interest in our development towards a 'Greener' off-road vehicle and using Hydrogen Systems initially will provide a very efficient and cost effective solution. In addition we are researching and developing an all electric version which will be added into the Xtreme Green lineup," stated Walt Tatum, Chairman of the Board.
"In February we announced The XYB-1300, which was unveiled at the Dealer Expo in Indianapolis, and now we are demonstrating our move into the Xtreme Green phase which has been in the planning and development stages since we decided to build the Brand and develop specific levels of performance to meet our 'Mild to Wild' mix of vehicles. We introduced the smaller 400 CC Buggy first, and in February we introduced the 1300 CC powerhouse, and soon we are going to fill in the offering with a mid 600 - 700 CC vehicle, rounding out our XYB series," stated Omar Deen, President of Quicksand Performance.
Mr. Tatum added, "The decision to adapt our vehicles to a 'Green' standard has been our vision from the moment we acquired the exclusive distribution rights for North America. We knew we wanted to go 'Green', and we knew technology existed to help us get there, but our initial focus was perfecting the design and ergonomics of the vehicle, and introducing the different levels of power and performance. Now we are ready to move forward and do our part in making off-road enthusiasts aware of the positive environmental choices they can make."
For the latest information, visit http://www.xtrememi.com/. To learn more about Quicksand Performance please visit http://www.quicksandperformance.com/. To become a dealer or distributor please contact our offices at 310-763-7263, or complete the registration form on the website. To learn more about HYDB, visit http://www.hydrogenhybridcorp.com/.
About Xtreme Motorsports International
Xtreme Motorsports International is an outdoor lifestyle company that is in the business of developing, producing, distributing and marketing off-road vehicles of all types. Its products, which range from Side X Side, ATV's, motorcycles, scooters and sand cars are designed for both the recreational enthusiast and hard-core competitor for use in sand and off-road trails across the world. Success of the company is tied to the ongoing growth of outdoor activities worldwide - and the resulting demand for products and services by people of all ages.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
DATASOURCE: Xtreme Motorsports International, Inc.
CONTACT: Investor Relations, 1-866-THE-APPL(E), for Xtreme Motorsports
International, Inc.
Web Site: http://www.xtrememi.com/