Panther Mountain Water Park reorganizes into Electric Moto Corporation
In December, Panther Mountain Water Park (OTC: PWMP) filed a form 8K disclosing that they were completing the reverse acquisition of Electric Moto Corporation, an exciting company we think you are going to be hearing a lot about in the coming weeks, months and years. During the past 45 days, the company has been dotting the I’s and crossing the T’s to effect the changes necessary to get their new symbol and to begin trading with the reorganization completed. This may happen as soon as next week so we suggest you keep your eye on this stock. We predict a lot of buzz around this one. In fact, message boards have already begun discussing it, usually a good sign of things to come.
Electric Moto Corporation is one of the nation’s most respected manufacturers of electric powered off-road motorcycles. Their lithium battery powered “Blade” motocross bike is a favorite among amateurs and professional riders alike. You can “google” their name to get an idea of just how popular they are. Their website is located at www.electricmoto.com.
Forbes Magazine recently published an article about Electric Moto’s Blade as well. There’s even videos of it on YouTube.com.
The Serious Speculator is proud to be the first to alert the market of the upcoming change and to suggest you put this on your watch list so you don’ t miss the opening. Please keep in mind, that the stock, with its new symbol will reflect a 1 for 400 reverse split of the stock so prices you see now will be adjusted accordingly. To get current adjusted values, simply multiply the bid and ask X 400. Given recent trading patterns, we think that the current bid of $.0006 ($.24 post reverse split) represents a relatively attractive price, if you could get any at that level. Still, we would like to see the change over occur to the new symbol before suggesting you jump in with both feet. The spread is entirely too wide right now due to lack of activity. We think this will change following the completion of the reorganization and once the market in general finds out about this exciting new entry to the market. Alternative energy stocks are in favor right now and there are more and more companies claiming to be entering the market. Electric Moto has been the dominant player in this market for some time and their designs and engineering are highly respected and appreciated. We expect great things out of this company and this stock. You will want to check it out and put it on your watch list for sure.
NOTE: We have owned shares in Electric Moto for several years and, accordingly, have a vested interest in saying nice things about the company and its stock. However, we have not been hired by the company to provide investor relations or promotional services. Still, it’s likely, due to our position, we would act in ways that would be, at least in part, consistent with our actions on behalf of a company we were hired to provide investor relations services to. For more information, please read our disclaimer.
