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Motos America Inc. (OTC PINK:MTAM) announced the effectiveness of its new ticker symbol and a 1:300 reverse stock split for its common shares as of July 19, 2022. CEO Vance Harrison highlighted that these corporate actions aim to enhance branding and position the stock for a potential uplisting. The company is set to acquire three dealerships in Florida, potentially doubling annual sales. Additionally, Motos America has secured a new BMW dealership in Roswell, GA, as part of its strategy to consolidate luxury motorcycle dealerships in the U.S.
Motos America Inc. (OTC PINK:WECT-D) announced the award of a new BMW motorcycle dealership in Roswell, GA, confirmed by a meeting with BMW executives in Germany. The state-of-the-art facility will offer new and pre-owned BMW motorcycles, parts, and service capabilities. CEO Vance Harrison highlighted a growing demand for luxury motorcycles, citing a 15% increase in sales in 2021. The financial obligations for the dealership will be outlined in the coming months, with no blue sky fees, only commitments to purchase motorcycles and parts.
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