OTC: RHOI – Stock Guru Profile – Rhino Outdoor International, Inc.
I think Rhino Outdoor has an exciting business plan. They are ready to present their off road vehicle at the off road vehicle convention in Beijing this December AND they have an agreement to sell 1000 vehicles in China ALREADY!
What I really like is they have found a manufacturing facility and a significant purchaser of their vehicle all in one. This is an incredible business plan for TWO reasons.
First: The manufacturer as purchaser will apply the best techniques in the manufacture of the vehicles they plan to sell.
Second: A sales order for 1,000 vehicles bodes well for the cash flow of this company!
Rhino Outdoor International, Inc. will manufacture their vehicles in China through Hebei Sida Industry Group (HSIG).
HSIG will act as both a sales and manufacturing partner in China. They will assemble and manufacture the Rhino Off-Road Rough Terrain Vehicle. HSIG has placed an initial order for 1,000 RTVs over the next three years as part of the agreement with ROI.
The facility is located in Handan and on schedule to produce the first RTV in China before the end of November for the December trade show in Beijing. The Rhino Off-Road RTV will be presented at iOffroad Asia Convention in December of 2007.
The market for off-road vehicles in China has quadrupled over the past 5 years and is growing at over 18% per year. iOffroad Asia is an international exhibition of off-road vehicles which will be held at the China World Trade Center in Beijing, December 4th – 8th 2007. Rhino Off-Road Industries continues to produce vehicles at the company’s R&D and assembly factory in Henderson, Nevada to meet demands for the US made product.
More tonight on this clever business plan that creates cash flow at the manufacturing stage!
Rhino Outdoor International, Inc.
1191 Center Point Dr. Unit D
Henderson, NV 89074
Phone: (877) 446-6788
Email: info@rhinobrands.com
Website: www.RhinoBrands.com
Investor Relations
Redwood Consultants, LLC
Jens Dalsgaard
Phone: (415) 884-0348
InvestorInfo@RedwoodConsultants.com
About Rhino Off-Road Industries: Rhino Off-Road Industries is the manufacturer of the innovative Rhino Off-Road Rough Terrain Vehicle (RTV). The RTV was designed for active, outdoor oriented families and individuals wanting to experience off-road adventure in virtually any off-road terrain. The Rhino RTV has added a new dimension to wilderness adventure tours and created a new category in the growing off-road rental industry. For more information please visit the ROI website at www.RhinoBrands.com.
Cautionary Statement for the Purpose of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the impact of changed economic or business conditions, the impact of competition, the success of existing and new product releases, the management of our growth, other risk factors inherent in the outdoor recreation, internet, and media industries and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.
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