San West, Inc. (OTCBB: HBSY) a company that designs, manufacturers, sells and repairs off-road buggies, recently announced that it has signed a Letter of Intent with TrophyKart to be the exclusive distributor of TrophyKart products for San Diego County, California.
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TrophyKart, best known for its involvement in Dirt Alliance, is the pioneer of, and dominant player in the trophy kart racing circuit. A division created by TrophyKart racing TrophyKart products. Under the terms of the agreement, which is estimated to bring between $150,000 and $250,000 in revenue to Buggy World, company dealerships will offer full sales, parts and service on the trophy karts as Buggy World locations are BAR "Bureau of Automotive Repair" approved to service the TrophyKart products. Buggy World will also identify itself as an authorized dealer of TrophyKart products in advertising and promotions. Bryan Britton, Vice President of San West, Inc. and General Manager of Buggy World, has stated, "This represents a new opportunity for Buggy World. While we have great success focusing on serving recreational off road enthusiasts, this is a way for us to enter the competitive racing arena. With our top-notch repair shop and reputation for customization, the professional circuit is a perfect fit for us." TrophyKart manufactures and sells half-size racing trucks called "trophy karts" to youth racers to be used in competition. Trophy karts, built to racing specs, range from $7,000 to $25,000 depending on the experience level and age of racer.
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