SOURCE: MK Automotive, Inc.

January 14, 2011 09:30 ET

MK Automotive, Inc.'s Common Stock Becomes DTC Eligible

LAS VEGAS, NV--(Marketwire - January 14, 2011) - MK Automotive, Inc. (OTCBB: MKAU) announced today that the Company's common stock has become Depository Trust Corporation (DTC) eligible to trade, clear and settle electronically. 

Mike Murphy, President and CEO of MK Automotive, stated, "Becoming DTC eligible will simplify the process by which our shares can be traded or exchanged through brokers of our investors' choice. As a growing, cash flow positive, job creating company, we felt it imperative to be a fully reporting, fully transparent public company. Becoming DTC eligible was the last step in that quest and will enable us to achieve ever increasing liquidity."

Founded in 2002 and currently operating eight locations in Las Vegas and now two in St. Louis, the Company recently launched its expansion plans by franchising under the name Mike's Master Mechanics. MK Automotive's mission is to do it differently, do it better and be 'A Mechanic You Can Trust.' The Company has just brought generally expected service and customer relations standards to an industry where they have rarely been applied. Competence and integrity are at the heart of all the Company's operations. MK Automotive strives to operate as social capitalists -- treating everyone the way one would hope to be treated, whether they are customers, suppliers, employees or franchisees. 

For more information about MK Automotive, Inc.: www.mkautomotive.com. For information about becoming a Mike's Master Mechanics franchisee, go to http://mikesmastermechanics.com or email richard@mkautomotive.com.

One of the Company's locations was recently pictured in a local television news report regarding the weather. If you would like to view the newscast, click on this link:
http://www.fox2now.com/videobeta/3986211e-4fb7-49bc-a026-bedde61c7744/News/Outdoor-Workers-Enduring-The-Cold

Forward Looking Statement:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may and likely will differ materially from this forward-looking information. These and other risks are discussed in the Company's various public filings; and, the reader is directed to these statements for a further discussion of important factors that could cause actual results to differ materially from those in the forward-looking statements.

Contact Information

  • Investor Relations Contact:

    Jack Eversull
    The Eversull Group, Inc.
    972-571-1624
    214-469-2361 (fax)
    Email Contact