3SOF

After hours news.

What does this mean in terms of how it will effect the stock price? Is it a good thing?
thanks..and sorry for my simple questions...


Controlling Shareholder Sells Portion of MSEP Series B Preferred Shares; Change in Control of MSEP
09/01/2005 21:39
MotorSports Emporium, Inc. (OTCBB: MSEP) discloses a private sale of Series B Preferred Stock.


David Keaveney, President and CEO of MotorSports Emporium, Inc. stated, "On August 26, 2004, Intercontinental Assets Corp. acquired 2,500,000 shares of Series B Preferred Stock of Ten Stix, Inc. (now MotorSports Emporium, Inc.) through the conversion of a promissory note in the principal amount of $15,000 dated June 30, 2004 and amended August 26, 2004. Per the terms of the Certificate of Designation of the Series B Preferred Stock, the Series B Preferred Stock has voting rights based on an as-converted basis of 100 for 1. On a fully converted basis, the issued and outstanding Series B Preferred Stock account for 250,000,000 common shares of MSEP. Accordingly, Intercontinental Assets Corp established voting control of MotorSports Emporium, Inc. Robert C. Brehm is the principal shareholder, a director and officer of Intercontinental Assets Corp."

Keaveney continued, "The Series B Preferred Shares fundamentally influence the voting rights of MSEP. To further secure a growing business model it was essential to diversify the voting control of MSEP."

On August 9, 2005, Robert C. Brehm, on behalf of Intercontinental Asset Corp agreed to sell one half of its Series B shares, representing 1,250,000 Series B shares, to Sunnydale, LLC and CEO David Keaveney resulting effectively in a change of control of the company on a fully diluted basis.

"The company will continue to adhere to our aggressive growth strategy for the remainder of 2005 and beyond and without question, we firmly believe the better times for MSEP are definitely ahead of us," concluded Keaveney.

Anyone still holding MSEP?  I'm thinking about jumping in, but wanted to get more input.  What drew my attention to this stock was insider buying.  Looks like 52 Windsor Deluxe might have these guys figured out.  Today the CEO and COO filed their purchase of 1million shares each at .011.

Here's the insider history for the last year:

Nice insider buying.  And it looks like the CEO and COO may be husband and wife so the money is coming out of the same pocket (don't I know it!!!) although it's not a huge amount.

The stock has been bouncing off a bullish trendline.  The lower shadow on today's candle is a bullish sign if the close stays above the trendline.

It's not on fire but the chart looks pretty good.

voluume alert....traded 4x the usual voluume...remember...this is the same guy that owns BUGS....just bought majority ownership of the company about two weeks ago...keeping it in play so it doesn't leave without us... ...btw...BUGS is up this morning...!!!!!!!!!!!!!

moving up slowly again.... .....keeping it in play

insiders bought again... ...just last week...bought MORE shares.......even the SECRETARY bought a ton.....Hmmm... 

Not a lot has gone on since my 9/9/05 post.  Wednesday the stock had its strongest advance since in awhile; up 21%.  Insider buying contines at the .011 price levels.  Does anyone have an idea on the cause for Wednesday's run up?  Perhaps a delayed response to the 9/27/05 PR?

Any feedback would be appreciated, thanks!

News::::
----------------------
MotorSports Emporium Announces GS610 Maximum Performance Brake Fluid to be Official Brake Fluid of the Snap-on Stars of Karting Presented by the IRL
9/27/05       

SCOTTSDALE, Ariz., Sep 27, 2005 (BUSINESS WIRE) --
MotorSports Emporium, Inc. (OTCBB: MSEP) a fast track motor sports company specializing in die cast collectable cars, automotive and racing art, original racing memorabilia and product licensing announced today GS610 Maximum Performance Brake Fluid has signed on to become the Official Brake Fluid of the Snap-on Stars of Karting presented by the IRL.

As the newest and highest performance brake fluid available, GS610 was specifically designed to address the extreme environment of racing, sports car and all other driving environments (including karting) where high temperature stability and consistent maximum performance are required. GS610 Maximum Performance Brake Fluid is a DOT 4 brake fluid which meets or exceeds all requirements of FMVSS 116 and SAE J1704. Unlike many other racing brake fluids it is miscible with all DOT 3, DOT 4 and DOT 5.1 brake fluids.

David Keaveney, President and CEO of MotorSports Emporium, Inc. stated, "The Snap-on Stars of Karting is synonymous with competitive organized karting. It is a pleasure to witness the dedication and aspirations these young men and woman assert towards racing; a direct reflection of the Snap-on Series. GS610 embraced the opportunity to participate in the series and looks forward to a wonderful year with these inspiring individuals."

"As a kickoff to their relationship with the series, MSEP will sponsor the GS610 Champion's Dash to be held on Sunday, October 16 in Austin, TX at the National Finals. The GS610 Champion's Dash will be similar in format to the Dash for Cash events held this season in Norman, New Castle, and Jacksonville. However, instead of the invitation to race being based on qualifying times, the West and East Division Champions from ICC, ICA, and Easykart will duke it out in a six lap sprint for the $1,000 cash prize. The drivers will draw for starting positions and square off in six-equally prepared Easykarts in the IROC-style event," stated Snap-on Stars of Karting series Marketing Director Jeff Swoboda.

"I think it's great to have a company like GS610 that's involved with the so many forms of motor sports, including the Indy Racing League, take notice of karting and want to become involved," concluded Swoboda.

About Snap-on Stars of Karting

Snap-on Stars of Karting presented by the Indy Racing League is based out of Seattle, Washington, sanctioned by the World Karting Association (WKA) and owned and operated by 1986 Indianapolis 500 champion and IRL IndyCar Series team owner Bobby Rahal, IndyCar Series driver Bryan Herta and veteran karting promoter Paul Zalud. Contact Jeff Swaboda: [email protected] or visit www.starsofkarting.com and www.worldkarting.com.

About Snap-on Incorporated

Snap-on Incorporated is a leading global developer, manufacturer and marketer of tool and equipment solutions for professional tool users. Product lines include hand tools, power tools, automotive diagnostics and shop equipment, tool storage products, automotive diagnostics software and other solutions for the transportation service, industrial, government, education, agricultural, and other commercial applications, including construction and electrical. Products are sold through its franchise dealer van, company direct sales and distributor and internet channels. Founded in 1920, Snap-on is a $2+ billion, S&P 500 Company headquartered in Kenosha, Wisconsin and employs approximately 14,000 worldwide. www.snapon.com.

About Indy Racing League

Formed in 1996 by Tony George, Stars' presenting sponsor Indy Racing League provides the ultimate in wheel-to-wheel racing excitement through the IndyCar Series and Menards Infiniti Pro Series. The 2005 season marks the 10th year of competition for the IndyCar Series, the pinnacle of open-wheel racing in America. The 17-race schedule, featuring 14 ovals, two road courses and a temporary street circuit, consists of the most events in season history. The Menards Infiniti Pro Series, an essential stepping-stone for drivers and teams striving to reach the IndyCar Series, will feature a series-high 14 races in 2005, including three events on road courses and one street course. www.indyracing.com.

About MotorSports Emporium, Inc.

MotorSports Emporium Inc. is a fast-track company in the motor sports industry targeting enthusiasts who participate in die cast collectible cars, automobile restoration, high-performance accessories, motor sports-related collectibles, automotive and racing art, driver's apparel, race venues and product licensing. For more information visit www.motorsportsemporium.com. For product visit www.scalecars.com, www.driversdigs.com, www.pitstopstudios.com and www.gs610usa.com

About GS610 Maximum Performance Brake Fluid

As the newest and highest performance brake fluid available, GS610's 610 degrees F (321 degrees C) boiling point exceeds the dry boiling point of all competitors. GS610 was specifically designed to address the extreme environment of racing, sports car and all other driving environments where high temperature stability and consistent maximum performance are required. GS610 Maximum Performance Brake Fluid is a DOT 4 brake fluid which meets or exceeds all requirements of FMVSS 116 and SAE J1704. Unlike many other racing brake fluids it is miscible with all DOT 3, DOT 4 and DOT 5.1 brake fluids. GS610 Maximum Performance Brake Fluid is sold by select retailers nationwide and on our new redesigned web site. For more information and a list of current retailers, please visit www.GS610USA.com

This news release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.

SOURCE: MotorSports Emporium Inc.

MotorSports Emporium Inc. David Keaveney, 480-596-4002 [email protected]

Copyright Business Wire 2005 

News today... seems to be bouncing nicely!

2005-10-18 16:28:01 
MSEP Takes Delivery of GS610 Brake Fluid and Receives Its First Purchase Order 

--------------------------------------------------------------------------------
Business Editors / Automotive Writers

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Oct. 18, 2005--
MotorSports Emporium Inc. (OTCBB: MSEP) a fast-track
motor sports company specializing in die-cast collectable cars,
automotive and racing art, original racing memorabilia and exclusive
product licensing through GS610 Maximum Performance Brake Fluid, takes
full delivery of its brake fluid.
David Keaveney, president and CEO, commented, "Over the weekend we
had the first run of our GS610 brake fluid completed. Total production
was 22.8 pallets (3,200 cases or 38,400 bottles). Concurrently with
the delivery of the product, we also received our first purchase order
for one pallet of brake fluid (140 cases or 1,680 bottles)."
Keaveney continued, "As we began the implementation of the
proposed marketing campaign for GS610 we quickly discovered that there
were significant flaws in the overall marketing and distribution
strategy for GS610 brake fluid. However, we have successfully
re-engineered that strategy to focus more specifically on specialty
publications, product validation and associations with grass roots car
clubs, racing series and sponsorships. Additionally our sponsors will
partake in ad and marketing campaigns. MSEP is extremely grateful to
the many people that have openly contributed their time and expertise
to see us succeed. Special recognition needs to go out to Andy Boyd,
Jeff Swoboda, Bryan Herta, Arie Luyendyk Jr., Sean Jones and Bruce
Bakke.
"Our immediate goal is to establish credibility from within the
motor sports industry. We will continue to utilize our relationships
to build the trust necessary to create a long-term relationship that
benefits both MSEP and its strategic alliance partners. Credibility
will be derived from product validations that are key components to a
successful venture," continued Keaveney.

In other news:

MotorSports Emporium has filed legal actions against Michael
Wachholz. This legal action includes the failure to repay a loan to
the company and the following other issues:

-- Breach of contract

-- Breach of fiduciary duty

-- Interference with existing and prospective business
relationships

-- Bad faith

-- Preliminary and permanent injunctions

Wachholz is also posting false, misleading and unverified
information on public message boards for the sole purposes of
negatively impacting the company's stock price and wrongfully
interfering with our business. MSEP is very confident that we will
prevail in our legal actions filed against Wachholz.
Keaveney concluded, "Without a doubt we believe our new campaigns
will create the synergy needed to open many doors for additional
business opportunities. We have a full production of GS610 and are
well on the way to a very exciting fourth quarter. These are the days
we were looking toward." An 8-K will follow hereafter.

About MotorSports Emporium Inc.

MotorSports Emporium Inc. is a fast-track company in the motor
sports industry targeting enthusiasts who participate in die-cast
collectible cars, automobile restoration, high-performance
accessories, motor sports-related collectibles, automotive and racing
art, driver's apparel, race venues and exclusive product licensing
through GS610 Maximum Performance Brake Fluid. For more information,
visit www.motorsportsemporium.com and for products visit
www.scalecars.com, www.driversdigs.com, www.pitstopstudios.com and
www.gs610usa.com

About GS610 Maximum Performance Brake Fluid

As the newest and highest performance brake fluid available,
GS610's 610 degrees Fahrenheit (321 degrees Celsius) boiling point
exceeds the dry boiling point of all competitors. GS610 was
specifically designed to address the extreme environment of racing,
sports car and all other driving environments where high temperature
stability and consistent maximum performance are required. GS610
Maximum Performance Brake Fluid is a DOT 4 brake fluid which meets or
exceeds all requirements of FMVSS 116 and SAE J1704. Unlike many other
racing brake fluids it is miscible with all DOT 3, DOT 4 and DOT 5.1
brake fluids. GS610 Maximum Performance Brake Fluid is sold by select
retailers nationwide. For more information and a list of current
retailers, please visit www.gs610usa.com.

This news release may include forward-looking statements within
the meaning of Section 27A of the United States Securities Act of
1933, as amended, and Section 21E of the United States Securities and
Exchange Act of 1934, as amended, with respect to achieving corporate
objectives, developing additional project interests, the company's
analysis of opportunities in the acquisition and development of
various project interests, and certain other matters. These statements
are made under the "Safe Harbor" provisions of the United States
Private Securities Litigation Reform Act of 1995, and involve risks
and uncertainties which could cause actual results to differ
materially from those in the forward-looking statements contained
herein.

KEYWORD: NORTH AMERICA ARIZONA UNITED STATES
INDUSTRY KEYWORD: AUTOMOTIVE AFTERMARKET CONSUMER & GENERAL INTEREST PERFORMANCE & SPECIAL INTEREST RETAIL SPECIALTY PRODUCT/SERVICE
SOURCE: MotorSports Emporium Inc.

CONTACT INFORMATION:
MotorSports Emporium Inc., Scottsdale
David Keaveney, 480-596-4002
[email protected]

Something could be cooking ....

Changed Ticker Symbol.......

'MSEP.OB' is no longer valid. It has changed to MSEM.OB.

"MSEM.OB" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.                                                       
All history on a stock pick in 1 thread is awesome.                                                         
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.                                                       
Thank You....and good luck with all your trades....make some $$$