Due to the recent publicity surrounding the "outsourcing" of some of our marine terminals, this company may be worth a look as they specialize in small boats for port security. Xtreme recently purchased 100% of "Challenger Offshore". This purchase will greatly increase revenues and Xtreme's company profile. However, the true value here may be their fire/patrol/rescue type vessel which are currently being marketed and sold to various entities, public and private. The following information may be helpful to investors.
The stock is currently trading at .15.
BUSINESS SUMMARY Xtreme Companies, Inc. engages in the manufacture, marketing, and sale of commercial boats designed for fire and rescue purposes in the United States. It markets its boats to municipalities and other government agencies, such as fire departments, police departments, city port-authorities, and the military. The company is based in Stanton, California.
Shares Outstanding: 18.58M Revenue (ttm): 1.01M Total Debt (mrq): 3.06M Market Cap (intraday): 2.84M Total Cash (mrq): 203.98K Total Cash Per Share (mrq): 0.011 52-Week High (17-Mar-05)3: 0.48 52-Week Low (01-Feb-06)3: 0.08
Here is a link to the companies website which is very well done and will show you their rescue boats in action.
xtremecos.com |