Shares in penny stock Racing Limos America Inc., a subsidiary of Atlas Technology Group (OTC PINK: ATYG) gained 31.43% in the last trading session. The company announced that it had received a Letter of Intent for the purchase of the company’s Miami, FL franchise location from an interstate group.
$572,932 traded on the penny stock of ATYG closed at $0.0046, up 0.0011, on volume of 121,786,496 shares int he last trading session. Bouncing from near its 52 week low of 0.003, ATYG stock has a 52 Week High (8/23/2011) of 0.1500.
Shares in the pinksheets listed stock ATYG have gained 557.14% year to date. Atlas Technology Group has a Market Capitalization of 140thousand with 39.54 Million Shares Outstanding.
Atlas CEO and Racing Limos America President James Albion saith they had plans to open Miami as a company operated location sometime in 2012. With Miami as a purchased franchise is fantastic for ATYG.
The Hispanic Market is the nation’s largest minority marketing sector, and is both demographically and through market spending the nation’s fastest growing sector for the last decade.
About Racing Limos America, Inc.
Racing Limos America, Inc. is a franchise operating system of race car themed stretch limousines. The company focuses on advertising and marketing partnerships, business-to-business relationship development, and specialty transportation. For more information visit www.racinglimosamerica.com
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