Archive for the ‘Dynasty Limousine Inc. DNYS’ Category

Dynasty Limousine, Inc. (DNYS) Provides Detailed Share Structure Information and Financial Overview

Friday, June 1st, 2012

Dynasty Limousine, Inc., a full service luxury transportation and limousine firm covering the southeast United States, today announced it has received certified share statistics following the recent 3:1 forward stock split. Received from the company’s transfer agent, Broadridge Corporate Issuer Solutions, a copy of the certification has been posted on the OTC Markets Website. Investors can access the report via the following link: http://www.otcmarkets.com/stock/DNYS/financials.

Dynasty Limousine recently executed a 3 for 1 forward stock split for the purpose of creating a more orderly trading market in its securities. Certified post-split share counts as of May 30, 2012 are as follows; Authorized shares 100,000,000, Shares issued and outstanding 14,539,275, Shares in public float 2,946,272.

Pierce Fleming, Dynasty Limousine’s CFO and VP, commented on the current share structure. “We are committed to non-dilution and the certified statistics from our transfer agent confirm that only 30k shares have been issued in the past 19 months. This represents an increase of .00206% in over a year and a half since the company started trading. We are proud of this and feel that we are part of only a small fraction of OTC issuers who are protecting shareholders in this manner.”

Mr. Fleming also commented on the public float numbers. “DNYS has a very small float of 2.9M; however the effective float is likely much lower as many of the original investors still hold shares from when Dynasty was a private company. The float had been estimated at 2.2M post-split, however every share sold when the company was private was restricted. These investors have held since 2008 and 2009, so as they come into the market the float will change. Dynasty does not control the public float, only the amount of shares that are issued and outstanding. The company has no convertible debt and no outside financing arrangements calling for any share issuance whatsoever.”

Dynasty Limousine recently posted record annual revenues, and subsequently has posted a record first quarter for this year. “Based on the current share structure and the closing price as of May 31, 2012, DNYS has a market capitalization of $741,503,” stated Mr. Fleming. “With 2011 revenues of $718,494, first quarter revenues of $204,662, and a record April in which the company generated over $89,000, DNYS is trading at a P/E well below market averages. We will continue to grow the business and several additional revenue streams are being explored to add long term shareholder value.”

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Dynasty Limousine, Inc. (DNYS) Reports Best Month on Record, Orders Additional Inventory

Tuesday, May 29th, 2012

Dynasty Limousine, a full service luxury transportation and limousine firm serving the southeast United States, was pleased to announce today its best ever monthly revenues in April 2012. Totaling $89,908 for the month, these revenues represent an all-time record for Dynasty Limousine. The company also reported that the total number of charters performed and bookings for future dates were also the best on record.

Looking to meet rising demand and expand its growth potential, Dynasty Limousine is increasing its inventory. A new high-end limousine bus and super stretch SUV were ordered this month. Delivery is expected in the third quarter. Dynasty has been replacing vehicles at a rapid pace and its fleet is evolving into one of the newest and most exotic available. Client satisfaction remains very high, and the company is rated A+ with the Better Business Bureau.

Founded in 1998, the company currently operates a fleet of 17 limousines, luxury sedans, and limousine buses with service areas primarily in the Southeast United States. Dynasty Limousine is a member of the National Limousine Association, and has a nationwide affiliate network to handle all domestic service requests. The company is actively seeking acquisitions and expansion into additional markets.

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Dynasty Limousine, Inc. (DNYS) Web site, Fleet Face-lift Drive Sales, Earnings, and Assets Higher

Tuesday, May 22nd, 2012

Dynasty Limousine, a Florida-based luxury transportation and limousine firm covering the southeast United States, recently reported that its first quarter 2012 results were positively impacted by a vehicle upgrade and strategic online initiatives.

Dynasty CEO Pierce Fleming said the first quarter marks the best start in the company’s 14-year history as the fleet drove revenues, earnings, and assets higher.

He also noted the company’s enhanced marketing strategies which have contributed to an increase in overall bookings and online traffic. The company’s Web site is its most successful form of advertising and source bookings, and so to accommodate increasing interest and align its online presence with its upgraded fleet, the company spent $398,817 in the first quarter to revamp its Web site.

Dynasty reported net income of $64,145, and finished up the three months ended March 31, 2012, with cash flow of $9,141.

Dynasty’s current line-up of vehicles includes Cadillac Escalade, Hummer stretch limos; luxury cars and sedans; and party buses.

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Dynasty Limousine, Inc. (DNYS) Posts Record First Quarter Earnings

Tuesday, May 15th, 2012

Moments ago, Dynasty Limousine, a full service Luxury Transportation and Limousine firm covering the southeast United States, released its quarterly report for Q1 2012.

The period represents the best start in the company’s 14-year history. Revenues, net profit, and assets were up over the same period one year ago.

“Dynasty added many new vehicles to its fleet in the latter part of 2011 and this helped contribute to a great start in 2012,” stated Pierce Fleming, Dynasty’s CFO. “Our clients are excited about our new offerings, and we have plans to further upgrade our fleet and services throughout the year. We are continuing to offer the highest level of service that Dynasty is known for, even as the company grows and adds additional clients. We would like to thank our professional team of dispatchers, chauffeurs, and office personnel for providing a great experience to our valued customers.”

Those who wish to access the full report and information disclosure can do so via the following link: http://www.otcmarkets.com/financialReportViewer?symbol=DNYS&id=81411

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Dynasty Limousine, Inc. (DNYS) Positioned for Further Growth and Expansion

Monday, May 7th, 2012

Dynasty Limousine, formed in 1998, has amassed a fleet of impressive, top-of-the-line stretch limos, including Lincoln, Chrysler, the Cadillac Escalade, and super-stretch Hummers, as well as party buses and luxury sedans sporting the latest amenities, including satellite radio, flat screens, and even disco floors in the stretch Hummer SUVs. With its range of styles and choices, and a commitment to customer service, Dynasty Limousine is well-positioned to drive shareholder value through organic growth.

Dynasty is booking massive traffic in what is arguably one of the country’s hottest regions for nightlife, beaches, sporting, gaming, and cultural activities. With a rigorous attention to detail and a fleet of the hottest rides, DNYS is in the pole position to generate revenue at one of the Atlantic coast’s top destinations, and continues to add new and even more impressive vehicles to its fleet each year.

The key to making this superb platform of hardware the ultimate solution for exclusive, premiere limousine service to pro athletes, celebrities, and international superstars, however, is the talent pool. DNYS has carefully organized and cultivated a team of the most exceptionally service-minded chauffeurs (all certified/CDL licensed) and support staff in the industry. With not a single accident in 13 years, and a tight-knit relationship with the Better Business Bureau (exemplified by the company’s continued maintenance of an A+ rating), DNYS is widely known for its impeccable service, utter professionalism, and truly caring attitude. Dynasty is also a member of the National Limousine Association, with a network of affiliates across the country able to field a broad spectrum of service requests.

Named among the top three finalists for Limousine Operator of the Year in February 2012 by widely acclaimed industry publication Limousine, Charter & Tour Magazine – a slot Dynasty has held for four years in a row, out of more than 8,400 contestants – the company continues to refine the brand, adding weight to its growing reputation with each year’s business performance.

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Dynasty Limousine, Inc. (DNYS) is “One to Watch”

Friday, May 4th, 2012

Dynasty Limousine is Florida’s premier limousine service, having served the Jacksonville area for more than 14 years. The company has an A+ rating from the Better Business Bureau and has been named a national top three finalist for the esteemed “Limousine Operator of the Year” award by LCT magazine for four consecutive years, between 2009 and 2012. “The Knot,” the world’s largest wedding publication and resource, has named Dynasty “Best Limo Service Provider.”

In 2011, Dynasty generated its highest-ever revenues – a tremendous feat, considering the company spent a significant portion of that year selling and replacing limousines, spending several months with a reduced fleet. The company headed into 2012 equipped with a replenished fleet of new vehicles and expectations for an even more successful year.

Dynasty has supplied many of the largest organizations in the United States with corporate limousines. The company’s client list includes celebrities, professional athletes, and international superstars. All of Dynasty’s chauffeurs are certified with CDL approved licenses.

Offering a wide selection of vehicles, limo busses, and luxury sedans, Dynasty’s vehicles are top-of-the-line, boasting cutting-edge features such as satellite radio, flat screen televisions, and disco floors. The company’s fleet consists of Cadillacs, Hummers, Lincolns, and Chryslers, and only the best conversions pass Dynasty’s inspections. The company prides itself on having the cleanest fleet of limousines in the United States.

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Dynasty Limousine Inc. (DNYS) Announces FINRA Approval Regarding 3:1 Forward Split, Settlement Date will be March 30, 2012

Friday, March 23rd, 2012

Dynasty Limousine Inc., a full service Luxury Transportation and Limousine firm covering the southeast United States, announces that the company has received approval from FINRA to execute a 3 for 1 forward split on its common stock.  Approval was received on Tuesday, March 20th, and FINRA made the announcement public the following day.

FINRA approved this corporate action with the following dates; Record date: March 19, 2012, Settlement date: March 30, 2012, Ex date:  April 2, 2012.  It is expected that DTCC will facilitate payment of the additional shares on April 2, 2012.  DNYS Shareholders who have hard copy certificates will have new certificates issued by the company’s transfer agent; Broadridge Corporate Issuer Solutions.

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Dynasty Limousine’s (DNYS) C.F.O. Interviewed on “The Stock Radio”; Update on Company Events

Tuesday, March 13th, 2012

Dynasty Limousine Inc., a full service Luxury Transportation and Limousine firm covering the southeast United States, announces the release of  an audio interview with Karl Marek of TheStockRadio.com.  The interview was held last week with Dynasty Limousine’s C.F.O., Pierce Fleming, and can be accessed at http://thestockradio.com now.   Items such as company history, forward outlook, and overall operations were discussed.

Forward Split Update

Dynasty Limousine Inc. is currently executing a 3:1 forward split of its common stock.  Paperwork has been filed with both FINRA and the company’s transfer agent Broadridge Issuer Solutions.  At the time of this release, the company has requested a settlement date for payment of the additional shares on March 30, 2012.  Additional information on this process and settlement date will be released after it is received from FINRA.

First Quarter Performance

Through the first two months of 2012, the company has seen a 28% increase in gross receipts versus the same period in 2011.  “The addition of new vehicles and enhanced marketing strategies have resulted in our best start ever,” stated Pierce Fleming, Dynasty’s Vice President and C.F.O.  “We are seeing a big increase in overall bookings and online traffic, and we expect this trend to continue.  We are also in the process of redesigning and upgrading our websites to align our online message with our new fleet of vehicles.”

The company will be releasing the first quarter results and full information and disclosure statement on or about April 30, 2012.

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Dynasty Limousine’s (DNYS) C.F.O. Interviewed Live on Stock Traders Talk Radio Tonight at 8pm E.S.T.

Monday, February 27th, 2012

Dynasty Limousine Inc., a full service Luxury Transportation and Limousine firm covering the southeast United States, will be featured tonight on Stock Traders Talk Radio in an exclusive one our interview with C.F.O. Pierce Fleming.

The interview will be held tonight, February 27, 2012 at 8:00 pm E.S.T., and can be heard at http://www.blogtalkradio.com/stocktraderstalk .  An interactive question and answer session can be accessed from the main chat room at http://stocktraderstalk.com.  An archived recorded version can be found on the homepage of Stock Traders Talk at www.stocktraderstalk.com, following the live interview.

This interview will be approximately one hour in length and items such as Company events, outlook, and the upcoming 3:1 forward split will be discussed.  All current and perspective investors are encouraged to tune in for this unique opportunity to interact with the Company’s Chief Financial Officer and Managing Owner.

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Dynasty Limousine Inc. (DNYS) Releases 2011 Annual Report and Information Disclosure

Thursday, February 16th, 2012

Dynasty Limousine Inc., a full service Luxury Transportation and Limousine firm covering the southeast United States, has released its full year financial reports and information statement via the OTC Markets web portal.  2011 saw the highest revenues in the company’s 14 year history.

Revenues for the period were $718,494 which is a 2.1% gain over 2010.  Net profit after expenses was $142,626, and the company had assets of $1,256,759 as of the end of 2011.  Pierce Fleming, Dynasty Limousine’s V.P. and C.F.O., commented on the overall performance for the year.  “We are pleased with how the year finished and the effort made by our outstanding staff.  2011 was a transitional year for Dynasty and we worked hard for the results that were achieved.  A large amount of time, effort, and money was spent selling and replacing limousines this year and we had a period of several months with a reduced fleet.  The fact that we were able to generate our highest revenues ever with fewer cars in the latter part of the year is very exciting.  Now that all these new vehicles are in the fleet, we expect our busy season coming up to be the best yet for both Dynasty and the clients that charter with us.  Many thanks go out to our professional chauffeurs and the great care that they take of our valued client base.”

Interested parties can view the full 2011 Annual Report and Information Statement via the following link: http://www.otcmarkets.com/financialReportViewer?symbol=DNYS&id=72717

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Dynasty Limousine Inc. (DNYS) Announces Date of Record for Its 3:1 Forward Split

Wednesday, February 15th, 2012

Dynasty Limousine Inc., a full service Luxury Transportation and Limousine firm covering the southeast United States, has set the date of record for the upcoming 3 for 1 split of its common stock.

A conference call with the company’s securities attorneys occurred on February 14th and the date of record has been set for February 29, 2012.  On February 9th, the Board of Directors of Dynasty Limousine unanimously agreed to execute a 3:1 forward split of its common stock in order to provide a more stable trading range for its securities.  Interested investors must own stock in DNYS by the close of the trading day on February 29, 2012 in order to receive the additional shares.

2011 Annual Report

The 2011 annual report and disclosure statement is completed.  This report will be uploaded to the OTC Markets portal later today in compliance with reporting guidelines.  An attorney opinion will be issued regarding the financials after their review.

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Dynasty Limousine Inc. (DNYS) Announces Approval by Its Board of Directors to Execute a 3:1 Forward Split on Its Common Stock

Friday, February 10th, 2012

Dynasty Limousine Inc., a full service Luxury Transportation and Limousine firm covering the southeast United States, has received approval from its Board of Directors to execute a forward split on its common stock.

The Board of Directors voted on this matter on February 9th, and the ratio of the forward split will be 3 shares for every share owned.  A conference call is scheduled with Dynasty’s Securities Attorneys on Tuesday, February 14th, and items such as the record date and pay date will be addressed.  These key dates will be made public shortly thereafter, however it should be noted that the Company intends to move quickly on this action.

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Dynasty Limousine Inc. (DNYS) Named a National Top Three Finalist for 2012 Limousine Operator of the Year; Provides Update on Company Events

Tuesday, February 7th, 2012

Dynasty Limousine Inc., a full service Luxury Transportation and Limousine firm covering the southeast United States, has been named one of three finalists for the Livery industry’s top award.  LCT Magazine chooses the three top companies that represent the best in service, safety, and overall performance for their annual Limousine Operator of the Year award.

This is the fourth year in a row that Dynasty Limousine has been named a National top three finalist for this honor.  The winner will be announced at the International Limousine Convention in Las Vegas on February 14th.  Pierce Fleming, Dynasty Limousine’s V.P, will be attending the awards ceremony on Dynasty’s behalf.  “We are very excited about the nomination this year,” stated Pierce Fleming.  “We have an outstanding staff that truly cares about our clients and the experience that they receive.  Thank you to our clients and LCT Magazine for their support, and we will know in one week if we are chosen as the ultimate winner for the 2012 Limousine Operator of the Year award.”

2011 Annual Report

The annual report is being finalized and will be posted on the OTC Markets website on or about February 15, 2012.  An attorney opinion letter regarding the annual report will be filed shortly thereafter.

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Dynasty Limousine Inc. (DNYS) Files Q3 2011 Financial Report and Information Statement; Announces Proposed Forward Split on its Common Stock

Tuesday, November 15th, 2011

Dynasty Limousine Inc., a full service Luxury Transportation and Limousine firm covering the southeast United States, has just released financial statements and results from operations in the third quarter.

Revenues during the period were $147,020 which represents an increase over the same period one year ago.  Year to date the company has generated $532,741 and is pacing its best year since inception.  Net profit year to date is $117,675.

Several new vehicles have been added to Dynasty’s fleet and two additional units will be delivered in the fourth quarter.  The company has seen a general increase in business overall and the outlook for the next quarter and beyond is positive.  Additional staffing has been added during the period, and the company is preparing for a busy holiday season.

View the full report via the OTC News and Disclosure Service: http://www.otcmarkets.com/stock/DNYS/financials

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Dynasty Limousine Inc. (DNYS) Releases Q2 2011 Financial Report and Information Statement

Friday, July 29th, 2011

Dynasty Limousine Inc., a full service Luxury Transportation and Limousine firm covering the southeast United States, has just released second quarter 2011 financial results.

Second quarter revenues were up 17% over the same period in 2010. Increases were also realized in net operating margin and assets, and the company is currently pacing its best year since inception.

Interested parties may access the full financial report and information statement on the OTC News and Disclosure service via the following link: http://www.otcmarkets.com/stock/DNYS/financials

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Dynasty Limousine Inc. (DNYS) Begins Negotiations With Coach Builders to Open a New Limousine Sales Operation in North Florida

Wednesday, June 15th, 2011

Dynasty Limousine Inc., a full service Luxury Transportation and Limousine firm covering the southeast United States, began negotiations this week with several Limousine Coach Builders. Dynasty intends to expand its operations to include a new Limousine sales facility, and a dedicated Limousine service facility in North Florida.

The Company is looking to acquire a new property which will allow for the rental, sales, and service operations to be conducted from one central location. Pierce Fleming, vice president and chief financial officer, said, “We are pleased at the response from the coach builders we have contacted. We usually travel well outside our own market to buy these vehicles, so I know personally that there will be demand. Servicing Limousines is also a time consuming and difficult task for most operators, and we intend to make Dynasty’s service facility one of the best in the country.”

Dynasty will offer the same high level of service to other operators and retail customers that we offer our charter clients every day. We are even considering unique services such as “Loaner Limos” for service clients to use and generate income while their vehicles are in for repair. We will have all the latest state of the art equipment and technicians, and new Limousines offered for sale will be of the highest quality available.

The Company expects the property acquisition as well as the sales and service division to be operating in the next few quarters.

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Dynasty Limousine Inc. (DNYS) Reports Record Revenues in May; Raises Full Year Guidance

Wednesday, June 15th, 2011

Dynasty Limousine Inc., a full service Luxury Transportation and Limousine firm covering the southeast United States, is raising its full year earnings guidance after an all time record May.

Revenues in May broke the previous 12 year high, which was set last year, by 8%. This increase follows a record Q1 2011 which was up 39% over the same period one year ago. “We are seeing increases across the board in all types of charters,” stated Pierce Fleming, Dynasty Limousine’s vice president and chief financial officer. “While prom season is typically the best performing period for our business, this year has exceeded all previous years by a wide margin. Additionally, we are continuing to expand our Corporate client base and this is adding to the strong numbers year to date. We are pleased to announce that the forecast for 2011 is being raised in light of the performance so far this year.”

Guidance

2011 Annual revenue forecasts have been revised from $792,000 to $918,000. This forecast represents a 31% increase over 2010. Net profit guidance is $402,000 and represents a 28% increase over the same period. 2011 earnings per share have also been raised from .07 to .09 per share.

Mr. Fleming added, “We will be increasing our staff and fleet throughout the balance of the year to help Dynasty achieve these targets. We are focused on paying down debt at a rapid rate, and this action allows more flexibility with our marketing strategies. Also, Dynasty is actively looking for a new facility that will allow for further expansion and the addition of two new revenue streams; a Limousine sales and service operation. The addition of these two businesses is not factored into the revised guidance for 2011.”

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Dynasty Limousine Inc. (DNYS) Releases Q1 2011 Financial Report and Information Statement

Friday, May 13th, 2011

Dynasty Limousine Inc., a full service Luxury Transportation and Limousine firm covering the southeast United States, has just released first quarter 2011 financial results.

The period was the best first quarter since inception with revenues up 39% over Q1 2010, and a net operating margin of 31%. Additional increases were realized in several key areas disclosed in the full report. “2010 was a great growth year for Dynasty and this year is starting off in a very positive direction,” said Pierce Fleming, Dynasty Limousine’s vice president and chief financial officer. “Demand for our services is at an all time high and is a direct result of our team’s commitment to excellence. Expectations are high for a great year and we will continue to build our brand and look for expansion opportunities as they are presented.”

Interested parties may access the full financial report and information statement on the OTC News and Disclosure service via the following link: http://www.otcmarkets.com/stock/DNYS/financials

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Dynasty Limousine, Inc. (DNYS) Receives Transportation Contract with the U.S. Air Force

Friday, May 6th, 2011

Dynasty Limousine, a full service Luxury Transportation and Limousine firm covering the Southeast United States, has been awarded a four year contract to provide transportation services for the United States Air Force. The contract was presented to the Company through our teaming partner, Zephyr Aviaton LLC., and was placed for bid in September 2010. The terms of the contract call for the use of four 55 passenger Motor Coaches and one 30 passenger shuttle bus to move a total of 225 personnel each charter. Transportation will be between two separate bases as directed and the contract expires August 31, 2015.

This is the second Military contract received by Dynasty Limousine. In 2010, Dynasty was awarded a contract with the Department of The Navy which authorized future clearance through several other Military and Government entities. Several additional contracts have been presented, and the Company will bid on all jobs that it can successfully perform according the terms presented.

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