Titan Motorcycle Co. Files Form 10SB
24 June 1998
Titan Motorcycle Co. Files Form 10SB, Applies To Nasdaq SmallcapPHOENIX, June 24 -- Frank Keery, chief executive officer of Titan Motorcycle Co. of America (OTC Bulletin Board: TMOT), announced today that the company recently submitted a Form 10SB registration statement with the Securities and Exchange commission in anticipation of its becoming a fully reporting company under Section 129(g) of the Exchange Act. The company is also applying to the Nasdaq SmallCap. "Titan is committed to providing investors with timely information. Now, having met the financial requirements for the Nasdaq SmallCap, we are especially enthusiastic about the prospect of the company's achieving this new trading status," said Patrick Keery, president of Titan. "With a number of positive developments on the horizon, we look forward to completing this next step toward the greater visibility, improved liquidity and increased access to capital markets that SmallCap trading status will afford us," he said. Founded in 1994, Titan Motorcycle Co. of America is a premier designer, manufacturer and distributor of high-end, American-made, V-twin engine motorcycles marketed under various Titan trademarks. Titan's unique, hand-built configurations, including the Gecko(TM), Roadrunner(TM), Sidewinder(TM), Scorpion(TM), and Coyote(TM), represent the finest available in custom-designed, volume-produced, performance motorcycles. Manufactured at the company's 64,000 square-foot corporate headquarters and manufacturing facility, and available with a variety of customized options and design modifications, Titan large displacement motorcyles are sold through a dealership network of 45 stocking dealers in the United States and 15 international dealers. NOTE: This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 that involve a wide variety of risks and uncertainties, including, without limitation, statements with respect to the Company's strategy and prospects. Readers and investors are cautioned that the Company's actual results may differ materially from those described in the forward-looking statements due to a number of factors, including, but not limited to, demand for the Company's custom-manufactured performance motorcycles, the Company's ability to continue to develop select markets, the Company's ability to maintain its line of credit, general economic conditions both domestically and abroad, the conduct of business by the Company in foreign markets, and other factors that may be more fully described in additional documents set forth by the Company.