Shares of Extreme Motorsports of California, Inc. Advancing Up 16.67% Wednesday Mid-day, as the Company Plans Move to Bulletin Board
Extreme Motorsports of California, Inc. (ETMO.PK) reports that it has closed out its sale of securities to accredited investors that were exempt from registration under Rule 504 of Regulation D under the Securities Act of 1933. As previously announced, the Company has sold approximately $450,000 of its securities under Rule 504. In addition, Extreme is in the process of completing an audit of its first fiscal year since becoming a publicly traded company. As Xtreme has implemented streamlined ordering and delivery, professionalized its engineering and manufacturing, and grown into new markets and customer segments, the Company has also made efforts…