BJ_Cooper
2 years ago
News!!
NEXT10, Inc. Provides 2022 Performance Update, Shareholder News
October 25, 2022
LAS VEGAS, Oct. 25, 2022 /PRNewswire/ — Next10, Inc., dba Ultimate Holdings Corporation (OTC PINK: NXTN) (“UHC“), is excited to announce that its Ultimate Logistics, LLC subsidiary is having a positive and productive 2022 that supports continued growth. In addition, UHC provides a business update for shareholders regarding recent and upcoming developments.
UHC provides lease-to-own opportunities for over-the-road (OTR) truck drivers. The Company’s “Ultimate Program” gives experienced, carefully vetted OTR drivers access to an unprecedented range of financing, tools and services that support their desire to become independent owner-operators. Throughout 2022, Ultimate Logistics has significantly increased its inventory, adding 15 new 2023 Kenworth T680 Next Generation semi-tractors and eight new 2023 Vanguard 53-foot refrigerated trailers to its Boise, Idaho, facility. Another six new 2023 Kenworth T680 Next Generation semi-tractors and seven new 2023 Vanguard 53-foot refrigerated trailers will also be delivered to the same facility this year.
This increase in inventory creates the opportunity for UHC to expand its team of drivers and continue its growth pattern.
“To the best of our knowledge, no one in the United States offers the benefits of The Ultimate Program. We handle everything OTR carriers need to be successful, including insurance, road and fuel tax filings, licenses and permits, FMCSA audits, and drug and alcohol consortium compliance. We treat every driver with respect and integrity,” states UHC CFO Kathryn Volin. “We believe this commitment is the foundation of our success. As a result, we are pleased to announce a solid performance in 2022, which will bring with it an increase in shareholder value. UHC is providing ongoing critical building blocks to continue to grow the Company with a strong bottom line.”
UHC also announces the completion of its 2019-2020 Audited Financials and reports that auditing of 2021 financials is progressing. Upon completion of the 2021 audit, UHC plans to file a registered offering with the Securities and Exchange Commission “SEC” to become a reporting issuer and to raise funds to support continued growth of its trucking operations.
About Next10, Inc.
Next10, Inc. (OTC: NXTN), dba Ultimate Holdings Corporation (“UHC”), provides lease-to-own opportunities for experienced over-the-road independent owner operators, allowing him/her to fulfill their dreams of owning their own trucking company without the financial and day-to-day operational burdens. UHC offers a unique, one-of-a-kind, one-stop-shop program. The Ultimate Program provides its carriers more than 30 services, removing typical business overhead issues and time-consuming challenges, as well as providing all the services required by Federal Motor Carrier Safety Administration (FMCSA), so the carrier can focus on their driving. This program increases the carrier’s monthly income above the industry average and generates recurring positive revenues for the Company. By focusing on the carriers and how the Company can assist them financially during these challenging times, UHC added a fuel bonus program for miles driven each commission period. UHC has also reduced the carrier’s monthly semi-tractor lease payment. These two items can increase a carrier’s income by up to $1,900 per month. The Company has achieved profitability every month since 2013 when Ultimate Logistics originally established The Ultimate Program.
The grass is as green as it gets in the trucking industry at UHC.
For more information, visit www.UltimateHoldingsCorp.com
CONTACT: info@UltimateHoldingsCorp.com, +1 612-386-0606
trader_ron
3 years ago
Market Analysis by #GlobeSmallCapResearch on Next10 Inc. (OTC: $NXTN)
Summary of our Research Findings • Unique, one-stop-shop for over-the-road (OTR) truck drivers looking to become independent owner-operators • Servicing the $800 billion U.S. trucking industry • The Ultimate Program provides their owner-operators 30+ support services including all state and federally required services and permits • Drivers in The Ultimate Program are able to become independent owner-operators in a unique revenue[1]sharing model with multiple benefits • UHC currently has more than 90 independent owner[1]operators in The Ultimate Program • 15% driver turnover rate is drastically lower than the national average of 80%, allowing for sustainable growth • Continues to expand its fleet of semi-tractors and refrigerated trailers to attract new drivers • Ultimate Logistics subsidiary reported FY 2021 gross revenue of $32 million • Management forecasts 20-25% annual revenue growth to $40 million for FY 2022 • Completed and ongoing financial audits support initiatives to become a fully reporting company • Long-term goals include zero debt, positive return to shareholders, annual growth rate of 10-20%, and eventually qualifying for NASDA
#Stocks #NYSE #NASDAQ #OTC #OTCMARKETS #OTCQB
https://www.dropbox.com/s/9rfqq087zu4tjbu/NXTN%20Corporate%20Report%20March%202022.pdf?dl=0
adijas
3 years ago
NEXT10, INC. Phenomenal 2021 - $32 Million Gross Revenue
LAS VEGAS, Feb. 14, 2022 /PRNewswire/ -- Next10, Inc. dba Ultimate Holdings Corporation, (USOTC PINK: NXTN), ("UHC"), is excited to announce that UHC's subsidiary, Ultimate Logistics, LLC, had a phenomenal 2021: $32 million dollars in gross revenue. Income before Depreciation: $7+ million. The projected gross revenue for 2022 is $40 million, a 25% increase.
UHC is also pleased to announce the 2019-2020 Audited Financials have been completed and the auditing of the 2021 Financials are in motion. Upon completion of the 2021 Audit, UHC plans to file a registered offering with the Securities and Exchange Commission to become a reporting issuer and to raise funds for their trucking operations.
New 2023 Kenworth T680 Next Generation semi-tractors will start arriving soon. 36 new tractors have been ordered and will be delivered to UHC's Boise, ID facility during 2022.
Three new independent owner-operators joined The Ultimate Team in January. Two more independent owner-operators are joining The Ultimate Team in February. As new equipment arrives, more independent owner-operators will join UHC's program. UHC has a waiting list of independent owner-operators who want to join their superlative program.
UHC is a unique, one-of-a-kind, one-stop-shop program for independent owner operators. The CFO of UHC States: "To the best of our knowledge, no one in the United States offers the type of program we do. We handle everything the independent owner-operator can possibly imagine, including their insurance, road and fuel tax filings, and FMCSA audits. He/she needs to be safe, deliver on time, and be professional. UHC handles the rest. We treat everyone on The Ultimate Team with the dignity and respect he/she deserves. We believe everyone who is a part of The Ultimate Team is a member of an amazing, growing, successful family. Our extraordinary concept is like no other. We turn truck driver's dreams into reality."
The grass is as green as it gets in the trucking industry at UHC.
trader_ron
3 years ago
$NXTN - We are in the business of freight hauling. The majority of the products hauled are refrigerated and frozen food products. Our business model is designed to grow our fleet rapidly over the next several years by attracting new drivers through referrals from our current independent owner-operators. We do not advertise for drivers to join our program. We screen all referrals carefully. If he/she is chosen to join The Ultimate Program, we provide him/her with an attractive commission package as independent owner-operators, allowing him/her the opportunity to own their own company, own their semi-tractor, and increase their annual income. We provide the independent owner-operator(s) with an experienced, knowledgeable team who handle everything you can imagine the independent owner-operator will need to assist him/her with their success. We are a one-stop-shop. The independent owner-operator must drive their semi-tractor 100% legally at all times, be safe, have on-time deliveries, and have a professional, positive attitude. We earn revenues from hauling freight and from leasing equipment to our independent owner-operators.
https://ultimateholdingscorp.com/
AskMuncher
3 years ago
$NXTN Next10, INC. Record-Breaking November 2021 - $3.3 Million
Press Release | 12/03/2021
Next10, INC. Record-Breaking November 2021 - $3.3 Million
PR Newswire
LAS VEGAS, Dec. 3, 2021
LAS VEGAS, Dec. 3, 2021 /PRNewswire/ -- Next10, Inc. dba Ultimate Holdings Corporation, (USOTC PINK: NXTN), ("UHC"), is thrilled to announce that during the month of November 2021, UHC's subsidiary, Ultimate Logistics, LLC, had a record-breaking November exceeding $3.3 Million Dollars in gross revenue. This is the highest gross revenue month for Ultimate Logistics, LLC since their inception. The company is on track to exceed $30 million dollars in gross revenue for 2021, which is a 50% increase over 2020's gross revenue.
In preparation for new semi-tractors being purchased, UHC sold used semi-tractors at a considerable profit during November, which was instrumental in the record-breaking month.
By December 31, 2021, UHC will have added 19 new tractors and 11 – 53' refrigerated trailers to their fleet. UHC will have more than 95 newer model semi-tractors and over 110 current model 53' refrigerated trailers in their fleet.
UHC has no issues with adding drivers to their program. William Rieser, CEO states: "Our turnover rate is less than 15% compared to the national average turnover rate of more than 80%. We have a waiting list of drivers who want to join our program. Two new drivers joined our program this week. The majority of the drivers who leave our program is caused by their poor health issues and not being able to pass the Federal Motor Carrier Safety Administration's medical requirements."
UHC is a unique, one-of-a-kind, one-stop-shop program. UHC handles everything you can possibly imagine for their independent owner-operators. The owner-operators are required to be safe, deliver their loads on time, and have a professional attitude. UHC handles the rest.
The grass is as green as it gets in the trucking industry at UHC.
CONTACT: info@ultimateholdingscorp.com, 612-386-0606
https://www.ultimateholdingscorp.com
This Press Release does not constitute an offering of any securities for sale.
Safe Harbor Statement: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Cision View original content:https://www.prnewswire.com/news-releases/next10--inc-record-breaking-november-2021---3-3-million-301437386.html
SOURCE Next10, Inc.
adijas
3 years ago
NEXT10, INC. Record-Breaking November 2021 - $3.3 Million
Las Vegas, NV -- December 3, 2021 -- InvestorsHub NewsWire -- Next10, Inc. dba Ultimate Holdings Corporation, (USOTC PINK: NXTN), ("UHC"), is thrilled to announce that during the month of November 2021, UHC's subsidiary, Ultimate Logistics, LLC, had a record-breaking November exceeding $3.3 Million Dollars in gross revenue. This is the highest gross revenue month for Ultimate Logistics, LLC since their inception. The company is on track to exceed $30 million dollars in gross revenue for 2021, which is a 50% increase over 2020's gross revenue.
In preparation for new semi-tractors being purchased, UHC sold used semi-tractors at a considerable profit during November, which was instrumental in the record-breaking month.
By December 31, 2021, UHC will have added 19 new tractors and 11 – 53' refrigerated trailers to their fleet. UHC will have more than 95 newer model semi-tractors and over 110 current model 53' refrigerated trailers in their fleet.
UHC has no issues with adding drivers to their program. William Rieser, CEO states: "Our turnover rate is less than 15% compared to the national average turnover rate of more than 80%. We have a waiting list of drivers who want to join our program. Two new drivers joined our program this week. The majority of the drivers who leave our program is caused by their poor health issues and not being able to pass the Federal Motor Carrier Safety Administration's medical requirements."
UHC is a unique, one-of-a-kind, one-stop-shop program. UHC handles everything you can possibly imagine for their independent owner-operators. The owner-operators are required to be safe, deliver their loads on time, and have a professional attitude. UHC handles the rest.
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Helter Skelter
3 years ago
