TRUTH.PSUY 2.65X2.88.ALERT.I AM DOING A SMALL INVESTIGATION ON THAT ONE.AND I WOULD LIKE YOU,TO FURTHER THE INVESTIGATION, BECAUSE SOMETHING HERE IS NOT RIGHT.
WE MAYBE END UP TO SEE A SCAM HERE.IMO.
READING THEIR PRs BELOW, HMMMMM.fIRST NAME AS CEO RINGS MY BELL=Mr. Ron
Ruskowsky.I think he was on ex MMFS brain.When they run the stock to $1.00, and they bailed from MMFS.I think he filed to sell 400k around December of MMFS.Looking to find the filing.Now on another company CEO PSUY.HMMMMM.Semilar company.Interesting, and I hear same group of Rotors that run
MMFS up to $1.00, are here too.The group from europe buyers again?lol.
Old management screwed MMFS, took money and run.They did not do their job.Some of the same People now on PSUY running the stock.This stock PSUY needs to be watched very closely.These guys should be watched very closely.IMO.
Please run some DD on this one,and have it on alert.
(BSNS WIRE) Platinum SuperYachts Sets Sail with First Acquisition; Custom Bui
Platinum SuperYachts Sets Sail with First Acquisition; Custom Built Luxury Mega-
Sports Editors/Business Editors
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Aug. 27, 2003--Platinum
SuperYachts Inc. (OTCBB:PSUY) announced today asset acquisition of PR
Marine, Inc., a Florida Corporation. By closing this transaction,
Platinum SuperYachts has acquired a sales and marketing organization
with established brand experience in the mega-yacht industry. PR
Marine is renowned throughout the world for superior quality and
aerodynamic designs in mega-yacht construction. Visit
pr-marine.com .
The Company was renamed "PLATINUM SUPERYACHTS, INC." to reflect
the new direction of its business activities, which will include sales
and charters of mega-yachts 75 feet and above as well as complete
construction of new model mega-yachts. With this acquisition the
company has the control over a recognizable brand name, logos,
designs, layout and interior plans, and technical specifications for
mega-yachts ranging from 75 to over 140 feet. In addition PSUY
inherits a worldwide office network and client base, established
relationships with leading yacht brokers, designers, and preferred
building slots with shipyards.
In conjunction with the acquisition of the assets of PR Marine
Inc., Platinum SuperYachts has restructured its board of Directors.
Mr. James N. Rodgers and Mr. Edwin Austin have resigned and Mr. Ron
Ruskowsky, has been appointed President & CEO while Mr. Shahhid Vohra
now assumes the duties of Vice President of the Company.
Mr. Ruskowsky has a strong background in corporate structure,
management and finance in both the private and public sectors with
more than 16 years in executive positions. He will be involved in all
aspects of PSUY from marketing to finance and acquisitions.
Mr. Shahid Vohra, has 15 years experience in the international
yachting industry where he has achieved recognition for sales in
excess of US $50 Million of PR Marine Yachts. Mr. Vohra is an
international figure in the yachting fraternity and resides in Fort
Lauderdale, the capital of the yachting industry. He has personally
arranged sales of PR Marine yachts to Royalty, Sheikhs, The President
of Maldives, and a number of high net-worth individuals from Canada,
Europe, and the USA. Mr. Vohra will oversee global sales and
marketing, intending to build name brand recognition for Platinum
SuperYachts.
PSUY has negotiated preferential building slots with shipyards in
Europe and Canada enabling the Company to facilitate deliveries of
100' yachts with custom built interiors in six months as opposed to
normal 24-36 month waiting periods.
Mr. Ruskowsky stated, "The voyage of Platinum SuperYachts is
clearly mapped out starting with this acquisition of one of the most
famous yachting names in the business. Our management team is world
renowned with high level contacts throughout the world. By being a
publicly traded company Platinum believes that it can attract
institutional funding, allowing the Company to acquire additional
mega-yacht builders on both sides of the Atlantic and to offer
customers custom delivery in months, rather than waiting years for
construction and delivery at other builders."
Worldwide market demand for mega-yachts is currently exploding
with approximately 425 yachts in excess of 80 feet under construction,
a 35% increase in orders over last year. Within the industry, the
larger custom yachts have experienced highest percentage of growth.
European yacht builders have nearly 60% of the new orders compared to
only 30% in the U.S. Platinum SuperYachts intends to gain ground by
using less expensive labor in Canada and by working very closely with
some of the leading yacht brokers based in the boating capital of the
world - Fort Lauderdale, Florida.
Statements included in this press release that are not historical
in nature are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. The Company cautions
readers that forward-looking statements are subject to certain risks
and uncertainties, which could cause actual results to differ
materially and which are identified from time to time in the Company's
reports filed with the U.S. Securities and Exchange Commission.
Platinum SuperYachts, Inc. claims the protection of the Safe Harbor
for forward-looking statements contained in the Private Securities
Litigation Reform Act of 1995.
For more information, visit PSUY's web site at
platinumsuperyachts.com . Information included on the
Company's website is not incorporated herein by reference or
otherwise.
--30--EG/mi*
CONTACT: Platinum SuperYachts Inc., Fort Lauderdale
Shareholder and Public Relations:
Harrison, Elliott & Brown, L.L.C.
Henry Harrison, 407/862-5151
KEYWORD: FLORIDA INTERNATIONAL CANADA
INDUSTRY KEYWORD: RETAIL MANUFACTURING TRAVEL TRANSPORTATION
SPORTS MERGERS/ACQ PRODUCT
SOURCE: Platinum SuperYachts Inc.
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com
(COMTEX) B: Platinum SuperYachts Inc. Listed in Standard & Poor's Corporat
B: Platinum SuperYachts Inc. Listed in Standard & Poor's Corporation
FORT LAUDERDALE, Fla., Sep 3, 2003 (BUSINESS WIRE) -- Platinum SuperYachts Inc.
(OTCBB:PSUY) announced today that the Editorial Board of Standard and Poor's
("S&P") has approved Platinum SuperYachts Inc. for a complete corporate listing
and description in Standard and Poor's Corporation Records. Additionally,
Platinum SuperYachts Inc. will have its corporate description published in
Standard and Poor's Daily News Section. S&P also will initiate financial
coverage of Platinum SuperYachts Inc. as part of the S&P Market Access Program,
including coverage of Platinum SuperYachts Inc. on S&P's Internet website,
advisorinsight.com as well as S&P Marketscope and the electronic
version of S&P Stock Guide database. Additionally, the S&P coverage will appear
on the highly trafficked OTC Bulletin Board web site otcbb.com.
Standard Corporation Records is a recognized securities manual for the "Blue
Sky" Standard Manual Exemption for secondary trading in more than 35 states.
Platinum SuperYachts listing in Standard Corporation Records should assist the
brokerage and investment communities in making a market for Platinum SuperYachts
stock. It is recommended that brokers check with their compliance officers or
legal counsel for applicable "Blue Sky" laws and regulations pertaining to them.
The principle objective of Platinum SuperYachts, Inc. is to create a Global
Yacht Company, in a market estimated to exceed $25 Billion per year in the U.S.
alone. Platinum intends to enter market segments that include Design,
Construction, Marketing, Management, Service and Chartering. The business
strategy will focus initially on targeted acquisitions of Yacht Builders in
North America and Europe and after the stabilization of these operations, expand
the Company to incorporate a Service/Warranty Facility in Fort Lauderdale, which
is the center of the yachting industry. The Company's aggressive consolidation
strategy will truly provide a Full-Service approach for clients, which will
include all aspects of Yacht Ownership.
Statements included in this press release that are not historical in nature are
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. The Company cautions readers that forward-looking
statements are subject to certain risks and uncertainties, which could cause
actual results to differ materially and which are identified from time to time
in the Company's reports filed with the U.S. Securities and Exchange Commission.
Platinum SuperYachts, Inc. claims the protection of the Safe Harbor for
forward-looking statements contained in the Private Securities Litigation Reform
Act of 1995.
For more information, visit Platinum SuperYachts web site at
platinumsuperyachts.com . Information included on the Company's
website is not incorporated herein by reference or otherwise. To be added to
Platinum SuperYachts email list for company news, please send your email address
to info@platinumsuperyachts.com
SOURCE: Platinum SuperYachts Inc.
CONTACT: For Platinum SuperYachts Inc., Fort Lauderdale
Shareholder and Public Relations:
Harrison, Elliott & Brown, L.L.C.
Henry Harrison, 407/862-5151
URL: businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
Copyright (C) 2003 Business Wire. All rights reserved.
-0-
KEYWORD: FLORIDA
INDUSTRY KEYWORD: BANKING
SPORTS
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