Recreation USA Requests Trading Halt
FT. LAUDERDALE, Fla., March 26 Holiday RV Superstores,
Inc. , operating under the tradename Recreation USA, has
announced that the National Association of Securities Dealers has granted its
request to halt trading of its common stock this morning pending the
announcement of material news.
The Ft. Lauderdale, Fla. recreational vehicle and marine retailer said
that its board of directors is finalizing a plan aimed at increasing
shareholder value. The Company will disseminate news of this plan as soon as
it is available.
About Recreation USA:
Recreation USA operates 14 dealerships in California, Florida, Kentucky,
New Mexico, South Carolina, Virginia and West Virginia. Recreation USA, the
nation's only publicly traded national retailer, sells, services and finances
more than 90 RV and 13 boat brands. The Company also markets its offerings
through its Internet site at http://www.RecUSA.com .
The statements contained in this news release include certain predictions
and projections that may be considered forward-looking statements under
security laws. These statements involve a number of risks and uncertainties
that could cause results to differ materially including, but not limited to,
the performance of the recreational vehicle or boat industries, certain
customers or affiliated companies, as well as other economic, competitive,
governmental and technological factors affecting the Company's operations,
markets, products, services and prices.