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Tank Sports, Inc. Completes Registration Process and Receives Stock Trading Symbol
Click HERE to see this news in YAHOO FINANCE
LOS ANGELES, Nov. 1, 2006 -- Tank Sports, Inc. (OTC BB: TNSP.OB - News) today announced that the Company was assigned the stock trading symbol "TNSP'' following the effectiveness of its Form SB-2 Registration Statement filed with the Securities and Exchange Commission. The Company's common stock is now quoted on the Over-the-Counter Bulletin Board.
As of August 10, 2006, Tank Sports had 8,125,700 shares of common stock outstanding. The offered shares for resale by selling stockholders are 1,446,500.
About Tank Sports, Inc. Tank Sports is a leading company that develops, engineers, and markets high-performance on-road motorcycles and scooters, off-road all-terrain vehicles (ATVs), dirt bikes and Go Karts through OEMs in China. It utilizes the so-called "China Concept'' business model to participate in the $31.5 billion annually (data: Motor Industry Council) motorcycle/ATV market.
Safe Harbor Statement The foregoing news release includes numerous forward-looking statements concerning the company's business and future prospects and other similar statements that do not concern matters of historical fact. The federal securities laws provide a limited "safe harbor'' for certain forward-looking statements. Forward-looking statements in this news release relating to business developments are based on the company's current expectations. The company's current expectations are subject to all of the uncertainties and risks customarily associated with a small business ventures including, but not limited to, market conditions, successful product development and acceptance, competition and overall economic conditions, as well as the risk of adverse regulatory actions. The company's actual results may differ materially from current expectations. Readers are cautioned not to put undue reliance on forward-looking statements. The company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or for any other reason.
Contact:
Tank Sports, Inc.
Tel: (626) 350-4039
Fax: (909)354-3174
Email: ir@tank-sports.com
Website: www.tank-sports.com
10925 Schmidt Rd.
El Monte, CA 91733
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