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Share Name | Share Symbol | Market | Type |
---|---|---|---|
SStarTrade Tech Inc (CE) | USOTC:SSTT | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0007 | 0.00 | 01:00:00 |
The market of extended automotive service plans should prosper as US drivers are holding onto cars longer. A study by R.L. Polk & Co. estimates the average age of a car on the road in the US is over 9 years old; comparatively to the average length of a car warranty is 3 years. In the years after a warranty expires, drivers can expect car repair bills to total over $850 per visit to a mechanic (Insurance Information Institute).
The economic downturn in the US is forcing more drivers to reconsider buying a new car, and turn to the next best available option of insuring against repairs that can cost as much as $3000 for a transmission, or $1600 on an air conditioning system.
Smart Holdings has forecast over $30 million a year in gross revenue through a multimedia direct response campaign outlined in a Q3 press release. These figures do not include its contract with Park Auto Mall of Florida, which could only bolster revenues even higher.
For more information, please visit www.smartholdingsinc.com
Other active stocks are Coastal Pacific Mining (OTCBB: CPMCF) Monro Muffler Brake Inc. (NASDAQ: MNRO) and Amtrust Financial Services Inc. (NASDAQ: AFSI)
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid IO News Wire twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation; do no trading of any kind and send no faxes or emails.
Contact: Eric Jensen www.ionewswire.com 516.942.4910
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