RocketCity (RCAU) Releases Mid-Year Update to Shareholders on Company Operations and Financial Status
Published July 17th, 2007
Information Regarding Pending Acquisitions, Contracts, Financials and Authorized Stock-Split Discussed
Rocket City Automotive Group, Inc. (Pink Sheets:RCAU) is pleased to announce that in an effort to keep shareholders informed, the Company is releasing an overview report regarding the operations of the Company throughout the first half of 2007.
“In a day and age in where countless companies take advantage of shareholder and public support in an effort to manipulate and sell stock, it is of utmost importance to me and the rest of the members of our organization to be entirely transparent in the status of our company’s operations,” explains Jeff Roman, CEO and President of RocketCity. “Furthermore, it is critical that those who attempt to undermine our operations through illegal naked-short selling and promotion are leaving themselves open to legal action sought against them by our legal counsel. I am excited to bring these updates out to the public and welcome any dialogue with shareholders. The progress that we have made throughout the first half of 2007 has set the stage for the Company to capitalize on the opportunities that have presented themselves.”
The Mid-Year Update will include comprehensive information regarding the following areas:
Company Overview and History
Operational Update
Product Development
Acquisition and Partnership Opportunities
Financial Overview
The Mid-Year Update is available via link within the press release and will also be made available on the Company’s website at www.RCAU.com.
About Rocket City Automotive Group, Inc.:
CompleteAuto, a subsidiary of Rocket City Automotive Group, Inc. (Pink Sheets:RCAU) offers proprietary software, personnel and design solutions to hundreds of automotive dealerships around the country. CompleteAuto is a wholly owned subsidiary of RocketCity which was formed to acquire, manage, supervise and operate corporations specializing in auction services, eCommerce, software development and retail automotive operations.
CompleteAuto and RocketCity believe there are enormous growth opportunities in the $1 trillion automotive retailing industry. The experienced management team will continue to execute strategic initiatives to maximize operations in this marketplace with their products and services. Visit them on the web at www.RCAU.com to learn more.
Learn more about Complete Auto by visiting: www.completeauto.com
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