PRESTIGE CARS INTERNATIONAL. INC. (OTCPK:PREC) Achieves greater traction with Pink Sheet Disclosures, SEC filings and over the counter trading in place. Prestige Cars International, Ins. (OTCPK: PREC) announced from their hub in Ft. Lauderdale, Florida, “they have completed P.C.I.’s Pink Sheets Disclosure, Financial Statements and SEC Filings with trading to commence in October 2014″. Management is currently negotiating exclusive distribution rights for some of the world’s most desirable luxury automobiles while simultaneously bulking up the business’ infrastructure and holdings of Prestige Euro Cars.Ft. Lauderdale, Fl. 10/ 11/2014 – Submitted by Cristiane Roget – For Immediate Release
Prestige Cars International, Ins. (OTCPK: PREC) announced from their headquarters in Ft. Lauderdale, Florida, they have completed P.C.I.’s Pink Sheets Disclosure, Financial Statements and SEC Filings with trading to commence in October 2014.
Prestige Cars International (PCI, Inc) announced this week that management is currently negotiating exclusive distribution rights for some of the world’s most desirable cars in the automotive industry. Simultaneously, plans are on the board to bulk up the business’ infrastructure and holdings of Prestige Euro Cars, a wholly owned subsidiary of P.C.I. Incorporated.
Automobile companies have been a staple in American economy since the early last century. For the same amount of time, investors have strived to determine the best ways to analyze this ubiquitous industry, individual companies and stock value – beyond the traditional Price Earnings P/C ratio. According to Prestigious Cars International spokesman “One sure bet is to rely on a company’s reliability, integrity predicated on sound business practices”.
For over the last three decades our core business has built an enviable reputation as foremost specialists in the renovation, maintenance and sales of the world’s most coveted luxury automobiles; that include Bentley’s, Rolls Royce, Mercedes Benz, BMW’s and Jaguars. “We have defied (and in most cases) profited irrespective of fluctuations in the market place. As we are capable of adapting to the ebb and flow in the automotive arena we reinvent ourselves according to demand.
During lean times we have focused on ‘maintenance’ and ‘renovations’ in boom times on ‘sales’. Of late Prestigious Euro Cars has experienced unprecedented growth in spite of the Recession of 2008. As the economy spiraled down and borrowing rates increased we found that owners were willing to spend more on maintaining their luxury vehicles”, confirms Bob Atanasov, President and Founder of Prestigious Euro Cars.
The move into one-on-one stock trades is consistent with their current business plan that includes real estate expansion, acquisition of new state- of-the-art equipment and technology, an increase in the PEC team of expert mechanics and targeting global markets with an eye on broadening their customer base.
“We have been working diligently to improve and expand the company’s infra structure to meet the growing demand for pre-owned and classic luxury automobiles (and parts) here and abroad, especially Europe, Brazil-South America and Asia, “where the demand for luxury goods continues to rise. We are leveraging our impeccable business practices to insure that an already profitable company has ever increasing share holder value. We intend to increase the company’s revenue by the end of the 4th quarter,” said Robert Atanasov, PEC’s President.
“The Company is in position to finalize definitive agreements to acquire other companies in the future,” he confirmed. “To this end, we will increase the transparency of the company through public disclosure and the posting of financial statements on our website www.prestigiouseurocars.com and on ABnewswire.com. It is our goal that investors reap the benefits of this straight forward business practice”, he confirms.
Prestige Cars International ongoing focus will be in the luxury Automotive and the exploding Wellness and Medical arenas. Prestige Cars International will announce each transaction upon completion to further assure the transparent vetting of the company’s growth to assure that P.C.I.’s, Inc. (OTCPK: PREC) investors are getting more vroom where the rubber meets the road.
Safe Harbor Provision
This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of PRESTIGE CARS INTERNATIONAL, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, the availability of technical personnel, changes in technology and competition.
Contact:
Robert Atanasov
954-779-1000
Media Contact
Company Name: Prestigious Cars International
Contact Person: Bob Atanasov
Email: Send Email
Phone: 954-779-1000
Address:1420 NW 23rd Avenue
City: Ft. Lauderdale
State: Florida
Country: United States
Website: prestigiouseurocars.com
Source: www.abnewswire.com
