Pink Sheets: Ultimate Sports Inc (USPS) news stock charts
Ultimate Sports Inc (USPS/USPS.PK) Penny Investment Summary:
Ultimate Sports, Inc. engages in the design and assembly of snowmobile skis and related products. Its product portfolio comprises carbide studs, mount kits, wear bars, suspension parts, snow flaps, and alignment bars. The company also offers tools, such as chassis scales, ski alignment kits, spindle alignment bars, studders, studding templates, and track hole cutters. In addition, it provides various accessories, wearables, emblems, and banners. The company was founded in 1988 and is based in Lafayette, Indiana.www.usi-skis.com
Founded in 1988
ULTIMATE SPORTS INC (USPS:OTC)
LAST $0.09 USD
CHANGE TODAY 0.00 0.00%
VOLUME 67.5K
As of 8:10 PM 03/19/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of ULTIMATE SPORTS INC (USPS)
|
OPEN
$0.09
|
PREVIOUS CLOSE
$0.09
|
|
|
DAY HIGH
$0.09
|
DAY LOW
$0.09
|
|
|
52 WEEK HIGH
08/28/09 - $0.35
|
52 WEEK LOW
06/9/09 - $0.01
|
|
|
MARKET CAP
--
|
AVERAGE VOLUME 10 D
12.2K
|
|
|
EPS TTM
--
|
SHARES OUTSTANDING
0.0
|
|
|
USPS Does Not Pay Dividends
|
P/E TTM
--
|
|
| K = Thousands M = Millions B = Billions | ||
Key developments for ULTIMATE SPORTS INC (USPS)
Ultimate Sports, Inc. Announces Completion of Field Testing; Provides Sales Guidance for the Fall and Winter of 2010 and 2011
03/16/2010
Ultimate Sports, Inc. announced that final field testing of the Thruster system has concluded. Representatives took the data they collected back to the warehouse and have integrated their findings into the final production plans. Company's patent-pending "Thruster" snowmobile track assist system will revolutionize the snowmobile industry in track floatation, corner control and overall grip in all snow conditions. Floatation take off will be increased by 15% to 35%; corner control by 10% to 25%. Overall grip increase will be between 20% and 40%, depending upon the snowmobile and application it is used on. Thruster system will fit all popular late model snowmobiles produced by Arctic Cat, Polaris, Ski Doo and Yamaha. Sales of this new system will be through company's existing distributors and dealers, in excess of 1,000 companies, both domestically and internationally. Existing OEMs who currently purchase USI's product line such as Arctic Cat, Polaris, Ski Doo and Yamaha, will be given an exclusive opportunity for pre-launch inspection. The company provided profitable sales forecast for the fall and winter of 2010 and 2011.
Ultimate Sports, Inc. Issues an Update on the Thruster
03/2/2010
Ultimate Sports, Inc. announced that engineers at the company have been completing final pre production testing of materials and design for the "Thruster" project and have identified the final materials and design configuration that will yield the greatest profit potential for the company. The companys "Thruster" system will fit all popular late model snowmobiles produced by Arctic Cat, Polaris, Ski Doo and Yamaha. Sales of this new system will be through the companys existing distributors and dealers in excess of 1,000 companies, both domestically and internationally. Existing OEMs who currently purchase companys product line such as Arctic Cat, Polaris, Ski Doo and Yamaha, will be given an exclusive opportunity for pre-launch inspection.
Ultimate Sports, Inc. Reports Earnings Results for the Fourth Quarter of 2009
02/24/2010
Ultimate Sports, Inc. reported earnings results for the fourth quarter of 2009. The company showed an increase in quarter over quarter sales and profit for the fourth quarter of 2009 compared to the fourth quarter of 2008. The company has shown a 171% increase in profit compared to 2008.
Ultimate Sports Inc financial resources
USPS Competitors
| Company | Last | Change | |
| No competitor information is available for USPS. | |||
| Market data is delayed at least 15 minutes. | |||
Industry Analysis
| Valuation | USPS | Industry Range |
| Price/Earnings | -- | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 6.0x |
|
| Price/Cash Flow | -- | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
|
USPS |
||
USPS transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
Pink Sheets: More Recent Financial News About Ultimate Sports Inc
Ultimate Sports, Inc. Announces Final Field Testing of the "Thruster" System
2010-03-18 07:58:37
Quote: Existing OEMs who currently purchase USI's product line such as Arctic Cat, Polaris, Ski Doo and Yamaha, will be given an exclusive opportunity for pre-launch inspection.Kevin Metheny, President of Ultimate Sports, states, "Field testing allows us to determine the final design adjustments that must be made to improve the overall quality of the product. At the conclusion of the testing, production will begin to get us ready for retail sales to begin next fall. We are very excited about this produ...Read article
Ultimate Sports, Inc. Announces Completion of Field Testing
2010-03-18 07:58:36
Quote: Existing OEMs who currently purchase USI's product line such as Arctic Cat, Polaris, Ski Doo and Yamaha, will be given an exclusive opportunity for pre-launch inspection.Kevin Metheny, President of Ultimate Sports, states, "We are very happy with the test results and are looking forward to a profitable sales forecast for the fall and winter of 2010 and 2011."About Ultimate Sports, Inc.:www.usi-skis.com for more information.Forward Looking Statements:This press release contains certain forward-lo...Read article
Ultimate Sports, Inc. Announces Completion of Field Testing
2010-03-17 07:20:05
Quote: Existing OEMs who currently purchase USI's product line such as Arctic Cat, Polaris, Ski Doo and Yamaha, will be given an exclusive opportunity for pre-launch inspection.Kevin Metheny, President of Ultimate Sports, states, "We are very happy with the test results and are looking forward to a profitable sales forecast for the fall and winter of 2010 and 2011."About Ultimate Sports, Inc.:www.usi-skis.com for more information.Forward Looking Statements:This press release contains certain forward-lo...Read article
Ultimate Sports, Inc. Announces Final Field Testing of the "Thruster" System
2010-03-10 02:29:23
Quote: Existing OEMs who currently purchase USI's product line such as Arctic Cat, Polaris, Ski Doo and Yamaha, will be given an exclusive opportunity for pre-launch inspection.Kevin Metheny, President of Ultimate Sports, states, "Field testing allows us to determine the final design adjustments that must be made to improve the overall quality of the product. At the conclusion of the testing, production will begin to get us ready for retail sales to begin next fall. We are very excited about this produ...Read article
Ultimate Sports, Inc. Issues an Update on the Thruster
2010-03-04 08:03:44
Quote: Existing OEMs who currently purchase USI's product line such as Arctic Cat, Polaris, Ski Doo and Yamaha, will be given an exclusive opportunity for pre-launch inspection.Kevin Metheny, President of Ultimate Sports, states, "Our new patent-pending 'Thruster' snowmobile track assist system will revolutionize the snowmobile industry in track floatation, corner control and overall grip in all snow conditions. Floatation take off will be increased by 15% to 35%; corner control by 10% to 25%. Overall ...Read article
Ultimate Sports, Inc. Issues an Update on the Thruster
2010-03-03 08:23:38
Quote: Existing OEMs who currently purchase USI's product line such as Arctic Cat, Polaris, Ski Doo and Yamaha, will be given an exclusive opportunity for pre-launch inspection.Kevin Metheny, President of Ultimate Sports, states, "Our new patent-pending 'Thruster' snowmobile track assist system will revolutionize the snowmobile industry in track floatation, corner control and overall grip in all snow conditions. Floatation take off will be increased by 15% to 35%; corner control by 10% to 25%. Overall ...Read article
Ultimate Sports, Inc. Announces Increase in Quarterly Sales Numbers
2010-03-01 01:48:21
Quote: Year-end profit figures also increased.Ultimate Sports has shown a 171% increase in profit compared to 2008. Final numbers will be ready for publication next week.Ultimate Sports Chairman, Martin Maassen, states, "I am pleased with the performance of Ultimate Sports, especially in light of the very difficult economic conditions in the country which have existed throughout the last fiscal year."About Ultimate Sports, Inc.:www.usi-skis.com for more information.Forward-Looking Statements:This press...Read article
Ultimate Sports, Inc. Announces Increase in Quarterly Sales Numbers
2010-02-25 02:36:35
Quote: Year-end profit figures also increased.Ultimate Sports has shown a 171% increase in profit compared to 2008. Final numbers will be ready for publication next week.Ultimate Sports Chairman, Martin Maassen, states, "I am pleased with the performance of Ultimate Sports, especially in light of the very difficult economic conditions in the country which have existed throughout the last fiscal year."About Ultimate Sports, Inc.:www.usi-skis.com for more information.Forward-Looking Statements:This press...Read article
Ultimate Sports, Inc. Announces Shows Highlighting "Best Skis in the Industry"
2010-02-16 07:27:57
Quote: Both shows were a success, drawing in sales and positive publicity for USI.
Kevin Metheny, President of Ultimate Sports, states, "We are always eager to show off our product line and stir up interest in our new products, one of which is our upcoming 'green' vehicle: the electric-powered, one-person scooter. The 'Green Machine' is in line with a 'no pollution, new electric ride' that will fill our summer slack time. We are also majorly excited about our patent-pending snowmobile track assist uni...Read article
Ultimate Sports, Inc. Previews New Snowmobile Track System
2010-02-16 07:27:57
Quote: Existing OEMs who currently purchase USI's product line, such as Arctic Cat, Polaris, Ski Doo and Yamaha, will be given an exclusive opportunity for pre-launch inspection.
Kevin Metheny, President of Ultimate Sports, states, "The all new USI snowmobile track assist system will revolutionize the snowmobile industry in track flotation, corner control and overall grip in all snow conditions. Flotation take off will be increased by 15% to 35%; corner control by 10% to 25%. Overall grip increase wil...Read article
Ultimate Sports, Inc. Moves Forward with Patenting and Manufacturing the "Thruster" Snowmobile Track System
2010-02-16 07:27:56
Quote: Existing OEMs who currently purchase USI's product line such as Arctic Cat, Polaris, Ski Doo and Yamaha, will be given an exclusive opportunity for pre-launch inspection.
Kevin Metheny, President of Ultimate Sports, states, "We have been busy testing multiple pre-production prototypes, and the results have been exceedingly positive. Our new patent-pending 'Thruster' snowmobile track assist system will revolutionize the snowmobile industry in track floatation, corner control and overall grip in ...Read article
Ultimate Sports, Inc. Engages Engineers From Purdue University
2010-02-16 07:27:56
Quote: Units are expected to be in production by the spring of 2010.
www.purdue.edu).
Kevin Metheny, President of Ultimate Sports, states, "I am looking forward to working with the engineering students from Purdue on the 'green machine' project. Purdue's distinguished reputation for turning out engineers is remarkable. I believe that with their help, we can create the most advanced electric-powered green vehicle on the market today."
About Ultimate Sports, Inc.:
www.usi-skis.com for more information....Read article
Ultimate Sports, Inc. Announces Negotiations With a Major Snowmobile Manufacturer
2010-02-16 07:27:56
Quote: A finalized contract could also initiate greatly increased production for USI's parts and accessories division.
Kevin Metheny, President of Ultimate Sports, states, "We are in the midst of finalizing negotiations with this major snowmobile manufacturer. This potential contract means we will be producing tens of thousands of award-winning skis and selling them to the major snowmobile manufacturer, thus greatly increasing our revenue. We expect the deal to be put in place by February 2010. As mor...Read article
Ultimate Sports, Inc. Presents "Best Ski in the Industry" Award Winning X2 Skis at 13th Annual Snowmobile USA Show; Sales Up 35% Over Last Year's Show
2010-02-16 07:27:55
Quote: Alex Debogorski from the hit television series, Ice Road Truckers, made a special guest appearance at the show.
www.snowmobileusa.com).
Kevin Metheny, President of Ultimate Sports, states, "This year's attendance remained consistent with last year's show, but a lot more money was spent this year. It is only a two day show, but we were busy both days talking with people and selling our products. Friday night's sales were quick and easily topped last year's figures; Saturday's were also steady. I...Read article
Ultimate Sports, Inc. Presents "Best Ski in the Industry" Award Winning X2 Skis at Snowmobile USA Show and Sale in Novi, Michigan; Sales Up 20% Over Last Year's Show
2010-02-16 07:27:55
Quote: In addition, the location is ideal since Michigan is the largest state in the union for registered snowmobiles.
Kevin Metheny, President of Ultimate Sports, states, "Our 20% increase in sales over last year's show prove that the Motor City is back in action. Attendance was great and so were the purchases of our new products, namely the 'Best Ski in the Industry' award winning X2 Triple Threat Skis. We are confident that this trend will continue on into the winter."
About Ultimate Sports, Inc.:...Read article
Ultimate Sports, Inc. Releases "Chairman's Update"
2010-02-16 07:27:54
Quote: Martin Maassen, has prepared a statement containing a series of updates surrounding Ultimate Sports.
Dr. Maassen states, "Great things are happening at Ultimate Sports. We've had a year filled with progress and revenue. We find that overall sales and revenue numbers seem to be increasing despite the recession. This goes to show that the sports industry has some recession-proof qualities. According to the International Snowmobile Manufacturers Association, over $28 billion in economic activity o...Read article
USI Announces New Product to be Released Second Quarter of 2010; USI Enters Automobile Market
2010-02-16 07:27:54
Quote: Models painted by USI will cost between $1,000 and $1,250 per kit.
Kevin Metheny, President of Ultimate Sports, states, "The fender kit project falls under a totally different category than what USI typically does. We decided to start building the kits in an effort to further strengthen and expand our full year marketing program which is currently underway. USI anticipates selling 1,500 to 3,000 kits the first year of production. This should increase our revenues between two and three million d...Read article
Ultimate Sports, Inc. Issues an Update on the "Thruster" Project
2010-02-16 07:27:53
Quote: Existing OEMs who currently purchase USI's product line such as Arctic Cat, Polaris, Ski Doo and Yamaha, will be given an exclusive opportunity for pre-launch inspection.
Kevin Metheny, President of Ultimate Sports, states, "The patent-pending 'Thruster' snowmobile track assist system will revolutionize the snowmobile industry in track floatation, corner control and overall grip in all snow conditions. Floatation take off will be increased by 15% to 35%; corner control by 10% to 25%. Overall gr...Read article
Ultimate Sports, Inc. Issues an Update on the "Thruster" Project
2010-01-08 02:53:03
Quote: Existing OEMs who currently purchase USI's product line such as Arctic Cat, Polaris, Ski Doo and Yamaha, will be given an exclusive opportunity for pre-launch inspection.
Kevin Metheny, President of Ultimate Sports, states, "The patent-pending 'Thruster' snowmobile track assist system will revolutionize the snowmobile industry in track floatation, corner control and overall grip in all snow conditions. Floatation take off will be increased by 15% to 35%; corner control by 10% to 25%. Overall gr...Read article
Ultimate Sports, Inc. Releases "Chairman's Update"
2009-12-23 04:07:50
Quote: Martin Maassen, has prepared a statement containing a series of updates surrounding Ultimate Sports.
Dr. Maassen states, "Great things are happening at Ultimate Sports. We've had a year filled with progress and revenue. We find that overall sales and revenue numbers seem to be increasing despite the recession. This goes to show that the sports industry has some recession-proof qualities. According to the International Snowmobile Manufacturers Association, over $28 billion in economic activity o...Read article
Would you like to leave a comment about Ultimate Sports Inc USPS/USPS.PK
Find out what social network information about Ultimate Sports Inc are available on RealpenniesWorst 5 - Click here to find out what stocks have been voted down by our visitors and users
Besides Ultimate Sports Inc's Penny Stock there is more great penny stock and market information at Realpennies