Daytonabrands, Inc. Updates Shareholders on Business Efforts and Progress
IRVINE, CA and DAYTONA BEACH, FL, Apr 23, 2007 (MARKET WIRE via COMTEX) -- Daytonabrands, Inc. (PINKSHEETS: DYTB), a manufacturer and marketer of innovative consumer products for the automobile and home, today issued a letter to shareholders Dear Shareholders,
We have been looking forward to taking a few moments away from the business generation efforts to update you on the positive momentum we are experiencing.
Let me begin by first stating how excited we are about our future. Some key events that have taken place recently are:
-- Finalization of the product and packaging development for 30 new products -- Meetings with several major Big Box Retailers to generate ongoing monthly purchase orders -- Final negotiations of a new car care product line, which will create revenue through automotive dealerships -- Negotiations to franchise the Daytonabrands name -- Updates to our current website including the reopening of our online store -- Negotiations to be a multi-year primary sponsor of Jay Robinson Racing, NASCAR Busch Series Team.
The sponsorship of the #28 Jay Robinson Racing NASCAR Busch Series Team has been a huge success. We were the primary sponsor of races at California, Las Vegas, and Dallas with Co-Sponsorship at Atlanta Speedway. At each of these locations we had the opportunity to meet with numerous retail brokers and accredited investors. We were also able to meet with contacts for upcoming business ventures. We believe the listing of our stock on the Pink Sheets has provided a starting point for us to build the company and has allowed us to concentrate on revenue-generating activities up to and through our product launch. There are limitations of being on the Pink Sheets, therefore, we have instructed our SEC Attorney to file with the SEC our Form 10-SB to make Daytonabrands a fully reporting company, pending completion of our audited financials.
As we move forward we will actively pursue opportunities to generate revenue and net income for our company. As these events come to fruition we will not hesitate to inform our loyal shareholders and to educate the public on the exciting opportunities at Daytonabrands.
Sincerely,
Scott Harkness President and CEO Daytonabrands, Inc.
About Daytonabrands, Inc. Daytonabrands is a manufacturer and marketer of innovative automotive products, which are sold to but not limited to the following retailers: Ace Hardware, Costco, Savon, Albertsons, Walgreens, Checker, Kragen, Advance Auto, Schucks, Autozone, AJ Prindle, Access Garage Doors, Silvo, Pantograms, Herrington, Egg Shops, GarageToys.com, garagedepot.com, Garage Doors and More, Car Care, Logo Advantage, Marwest, Meban Tuire and Auto, Ford Lincoln, 9Dollar Ads, Olson Wholesale, Automotive Parts Network, B7L Distribution, Brandsmall, Harbor Freight, Electronic Express, Lillian Vernon, numerous websites, independent retailers and warehouse distributors. The Daytonabrands "team" has an exceptional history of leadership in the automotive industry, including several executives from the Armor All Products Corporation including its founder, Alan Rypinski.
For more information, please review the company's website at: (www.daytonabrands.com). |