PDA

View Full Version : Xtreme Motorsports Goes Public!



Sandmaster
March 16th, 2006, 17:39
Xtreme Motorsports Announces
Status as a Publicly Traded Company

Bakersfield, CA (3/16/2006) – Xtreme Motorsports recently announced that it has become a publicly traded Nevada Corporation. Xtreme Motorsports will now be known as Xtreme Motorsports of California, Inc. establishing the company as the first publicly traded Sandcar manufacturer in the world. This comes on the heels of the recent merger between Xtreme Motorsports and Carley Enterprises which was finalized earlier this year.

Carley Enterprises (OTC: CRLY.PK) has provided the resources to take Xtreme Motorsports of California Inc. (OTC: XMMC.PK) to new heights by providing the means to be the first publicly traded Sandcar manufacturer in the world. “We feel that this acquisition is extremely beneficial to our broad range of customers around the world,” said Alan McCaa, President and CEO.

The management will continue to be run by the original founding family of the McCaa's with Alan McCaa leading the way. “We’ve been working on this for quite some time. I wanted the right team of people in place before we went public. After some time, we now have a team that consists of some of the best in the business and look forward to many more successful years of manufacturing. You’re going to see some pretty amazing changes within the next couple years. We plan on bringing some ideas into the market that will simply knock people’s socks off,” said McCaa.

About Xtreme Motorsports of California Inc.

Xtreme Motorsports was founded in 1983 by Cliff McCaa & David Capps under the name CM Custom. After Mr. Capps passed away in 2003, Alan McCaa purchased and restructured the company changing the name to Xtreme Motorsports. After this change, Xtreme Motorsports has been a leader in Sandcar manufacturing within the last several years providing some of the most “bang for the buck” Sandcars on the market.

About Carley Enterprises, Inc.

Carley Enterprises, Inc. seeks to acquire interests in emerging companies and assist the companies with their growth efforts. Carley Enterprises, Inc. also invests in companies and businesses in which it believes have growth and profit potential.