First rolled out in California in June 2018, they are also authorized in Arizona, Texas, and Florida.
JACKSONVILLE, Fla. -- Dynasty Limousine Inc. (PINKSHEETS: DNYS), a full service luxury transportation and limousine firm covering northeast Florida and southeast Georgia, recently 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. Vice President and CEO Pierce Fleming told LCT that the new vehicles include a 2011 Lincoln Navigator L, a 2011 Dabryan 120-inch stretch limousine, a 2011 Escalade 200-inch pink stretch limousine, and a 2011 black 200-inch stretch Escalade limousine. Dynasty has pre-ordered a 2013 Lincoln MKT stretch limousine through DaBryan as well.
The company has seen a general increase in business overall and the outlook for the next quarter and beyond is positive. Dynasty also hired a dispatcher and an accounts payable employee during the period, and the company is preparing for a busy holiday season.
View the full report via the OTC News and Disclosure Service:
Forward split proposed
In order to achieve a more consistent price range, Dynasty Limousine is executing a forward split on its common stock. The total outstanding shares and float is very low, and this has caused the share price on DNYS to vary between .10 and $2 in just the past month. The management feels that a forward split will benefit its current shareholders and create a more stable market for shares in the company. The actual details and ratio of the forward split is to be announced in the coming weeks.
About Dynasty Limousine Inc.
Dynasty Limousine is a full service Limousine and Transportation firm with offices in Jacksonville and Orange Park, Florida. It was founded in 1998 and operates a fleet of 15 limousines, luxury sedans, and limo buses. The company is a member of the National Limousine Association, and has a nationwide affiliate network to handle all domestic service requests. Dynasty has 17 employees, and is actively seeking acquisitions and expansion into additional markets.
Dynasty maintains an A+ accredited BBB rating. Additional company information may be accessed via Dun and Bradstreet, OTCmarkets.com, or by visiting the Investor Relations area located on our corporate websites. At the time of this release, the total number of shares issued and outstanding is 4,836,425 with a current float of 531,500 shares.
Source: PR Newswire; Martin Romjue, LCT editor
eNews Exclusive: Matthew Levine wants to help workers make ends meet while they wait for the standstill to end.
The ABA, UMA, and IMG join a list of eight industry trade associations pointing out harmful effects on tourism.
The annual Greater California Livery Association’s lobbying event can lead to fewer regulations for charter party carriers.
E-News Exclusive: John Boyens provided some tips at Bill Faeth’s 2018 LAB Live that will help your company grow revenues.
The leading hot button issue of the driver shortage spurred some lively discussions at the annual trade show.
Nine days are left to apply for the most coveted recognition guaranteed to raise your profile and boost your reputation.
One industry leader says operators are concerned about contradictory language in a package of proposed safety reforms.
The industry leader and father-in-law to two CEOs grew one of the largest East Coast-centered luxury transportation services.
JAN. LCT: If you lack a plan, chaos will ensue. Here are eight steps to keep your company going in the right direction.
JAN. LCT: The event proved the most crucial of industry skills — driving a vehicle — brings out the competitive spirit.
Chariot could not make money and the automaker could not support it indefinitely.
JAN. LCT: If all you’re thinking about is “How can this person make me more money,” you’re doing it wrong.
JAN. LCT: These seven key points can help you create a company culture with best practices that will boost performance and service.
No agency has explained what caused the vehicle to crash in the update New York countryside.
The world's No. 1 online marketplace and trader for professional chauffeured and chartered vehicles, including all types of motorcoaches, buses, vans, stretch limousines, sedans, SUVs, exotics, and classics. New and used vehicles are available from sellers across the nation.
The best online networker to find quality affiliates worldwide and market your company.
Click on any state to see the latest industry news and events in that region.