MBA Issues Comprehensive Update and Outlines Vision for Growth of NMDA
Monday September 27, 7:56 pm ET
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Sept. 27, 2004--In recent months our company has embarked on an ambitious business plan with the goal of transforming MBA into a prominent player in the highly competitive vehicle insurance industry. We believe our strategy will distinguish us as a provider of services not available anywhere else under one roof. Our success in implementing this plan would result in a dramatic increase in revenues and make us a very profitable organization that produces significant gains in valuation for our loyal shareholders.
We have been very gratified by the interest shown by numerous shareholders who have contacted us and wish to keep all of you fully informed on the excellent progress we are making. A comprehensive update letter to our shareholders is now available to be read on our company Web site at www.mbadirect.com.
This is a turning point in the history of our company and there are many positive developments we wish to discuss in greater detail than a typical press release will allow. In this shareholder update, you will find a thorough discussion of the following topics:
Business model to achieve expansion, growth and profitability
Building the National Motorcycle Dealers Association (NMDA)
Branding and the market edge achieved via differentiation
Financial models of NMDA program mix
Partnerships and their significance to NMDA and our business model
Progress report on key NMDA programs
Financing growth and impact on shareholders
Future revenue projections and forward guidance concerns
Sales & Marketing and cross-promotional strategies underway
Membership acquisition
NMDA Growth & Expansion strategy
Background of CEO Gaylen Brotherson
Rest assured that we believe our company`s future success is connected to a satisfied and loyal community of shareholders. We hope this extensive update will provide some of the guidance you seek. We expect to make additional public announcements in the near future that will specify and validate many of the areas covered in this present update.
Take a look at the shareholders relations under general information -
http://www.mbadirect.com/
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Contact:
MBA Holdings, Scottsdale
Gaylen M. Brotherson, 480-860-2288, ext. 317