Operations

Dynasty Limousine Plans Forward Split On Stock

Posted on February 8, 2012

JACKSONVILLE, Fla. — Dynasty Limousine Inc., a luxury transportation and limousine firm covering the southeast U.S., is executing a forward split on its common stock. This action is being taken to provide a more stable trading range for its shares given the low amount of DNYS stock available in the market.

The actual split ratio is being voted on this week by the majority shareholders, and details regarding this action will be disclosed in a matter of days. The company is working with its Securities Consul on the forward split, and key dates along with other pertinent information will be made public in the next press release.

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

Dynasty maintains an A+ accredited BBB rating, and was named a national top-three finalist for the LCT Operator of the Year Award by LCT Magazine for 2009, 2010, 2011 and 2012. Additional company information may be accessed via Dun and Bradstreet, OTCmarkets.com, or by visiting the Investor Relations area located on its corporate websites. As of Feb. 7, the total number of shares issued and outstanding is 4,836,425 with a current float of 737,175 shares.
 
Dynasty Limousine is a full service chauffeured transportation firm with offices in Jacksonville and Orange Park, Fla. The company was founded in 1998 and operates a fleet of 17 limousines, luxury sedans, and limo buses with service areas primarily in the southeast U.S.

Source: PR Newswire

View comments or post a comment on this story. (0 Comments)

More News

Rhode Island Operation Buys Wedding Trolley Service

Operator John Olinger of ROCKSTAR LIMO / O2 Global plans to grow the fleet of Kenny's Coach and Trolleys.

Sister Duo Absorbs What Industry Offers

eNews Exclusive: Briana and Chelsea Candeub of Park Avenue Limousine have learned the importance of never letting educational opportunities pass them by.

Luxury Travel Trends Disrupting The Industry

Brands can no longer rely on low-hanging fruit. Instead, they need to implement differentiating strategies to succeed going forward.

Chosen Payments Assists Operator Who Was Scammed

A suspect used a mobile app to place ride orders directly into a New Jersey company's software system.

Young Limo Entrepreneur Makes His Mark On The Industry

ENEWS EXCLUSIVE: Moe Ahmed started his California-based company at 18 and proves anything is possible when you have an incredible work ethic.

See More News

Facebook Comments ()

Comments (0)

Post a Comment

Submit

Blog

See More

LCT Store

LCT Magazine - March 2017 $12.95 INT'L LCT SHOW ISSUE COVER STORY: * Innovate or Die: Show To Be a Business "Disrupter" * *
LCT Magazine - February 2017 $12.95 NEW MODELS ISSUE COVER STORY: * Fleet Vehicles Preview * *



Connect

Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close