DANA POINT, CA – November 30, 2011 – (Motor Sports Newswire) – ePunk, Inc., (PINK SHEETS: PUNK.PK) a diversified power-sports company comprised of six unique businesses built to capitalize on vastly under-served market niches, is pleased to announce that it has received approval by the City of Dana Point, California to rent world famous Scoot Coupe vehicles (http://scootcoupe.com) at PCH Rides.
Cast into the public spotlight in 2009 after being featured on television’s “The Price Is Right,” the Scoot Coupe has become an online sensation and a favorite amongst vacationers. Part golf cart, part scooter, the Scoot Coupe is a street legal, three-wheeled “micro-mobile” capable of achieving a fuel economy of up to 80MPG. Its safe, sleek design, impressive fuel efficiency, and ability to travel at speeds of up to 45MPH make it and fun and economical alternative to both traditional automobiles and recreational vehicles like bicycles and scooters.
“Recent approval to rent the illustrious Scout Coupe brand of vehicles is a major win for ePunk, Inc. and I look forward to seeing the smiles on the faces of our customers as they enjoy one of the hottest products to hit the motor-sports industry in years,” said ePunk, Inc. CEO Jesse Gonzales.
Mr. Gonzales continued: “PCH Rides is located in the heart of Dana Point, California, where millions of tourists flock year round to partake in the fun and sun and I expect our ability to rent them one of the most popular recreational vehicles on the market today to provide a substantial boost to future sales and profitability. With an average ticket price of around $6,000, we can rent a Scoot Coupe for up to $40 an hour and achieve a very quick return on investment. All in all, I’m very excited about our foray into the power-sports rental marketplace and look forward to updating the public on the success of this facet of our business as developments transpire.”
Capitalizing on its vast network of distributor and dealer contacts, ePunk has leveraged it relationships to uniquely target different demands within the industry via individual businesses, each serving a specific niche with carefully selected products and branding specific to that market. The automatic fulfillment system that made CountyImports.com a success in a matter of months has been expanded to help each business focus on marketing, customer service and quality guarantee, rather than the costly labor of managing of inventory, shipping and handling.
By using this automated fulfillment system for each e-commerce website, ePunk has been able to eliminate overlap in overhead costs to allow each business to focus specifically on increasing sales and revenue.
Through various relationships with foreign manufacturers, ePunk is bringing to market several unique and affordable products that the competition is unable to match, both in quality and price. While years of expedited fulfillment on a vast array of competitively priced products has built the company a large customer base, these imported products stand to make ePunk a market leader within this industry.
Most recently, ePunk, Inc. opened its first physical retail location in Dana Point, California called PCH Rides. The retail store offers a wide selection of boutique products, available for sale or rent and specifically designed for a higher-end market and strategically placed in area with no current competition. The location will also serve as corporate headquarters for ePunk, Inc. and its various businesses.
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law. There is no assurance that a definitive agreement will be completed.
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SOURCE: ePunk, Inc.