Announcing today that it has come to an agreement with 6 new boat dealers spread out across the country (Northwest, Southeast, Mid-Atlantic, New England, and Great Lakes regions), CPWB continues to brighten its horizons for 2007 and beyond.

This addition bolsters an already solid network of more than 100 dealers nationwide and shows once again that CPWB brass did their homework before their recent acquisition of IIMAR Group and Gekko Sports.

According to CPWB, the recent acquisition brings in an additional $12 to the company's annual base. The way that orders have been flying in, we are not disputing that.

At a price today under $.10 and reporting net income of ($1,671) for the Quarter ended 9/30/06, imagine what another $4-$5 million in revenues would do for the company, not to mention sales of Challenger boats which seem to be reaching record levels. Just a thought for those of you with some guts and $ to spare in a down market.

Labels: OTCBB: CPWB