Welcome to our dedicated page for Planet Res news (Ticker: RECX), a resource for investors and traders seeking the latest updates and insights on Planet Res stock.
Planet Res (RECX) delivers innovative amphibious vehicles through its MAX brand legacy, combining rugged design with emerging EV technologies. This news hub provides investors and industry observers with essential updates on strategic developments shaping the company's position in the powersports sector.
Access authoritative reporting on RECX's financial milestones, product innovations, and market expansions. Our curated collection includes earnings announcements, manufacturing updates, dealer network developments, and technological advancements – all critical for assessing the company's performance in competitive ATV/UTV markets.
Key coverage areas include quarterly financial results, new vehicle launches, strategic partnerships, and production capacity updates. Each update is vetted for relevance to long-term investors and industry analysts tracking recreational vehicle market trends.
For consistent monitoring of Planet Res's progress in electric drivetrain development and eight-wheel vehicle expansion, bookmark this page. Return regularly for unfiltered access to primary source materials and expert analysis of RECX's evolving business strategy.
Recreatives Industries (OTC: RECX), manufacturer of MAX 6x6 Amphibious All-Terrain Vehicles, has signed Vilonia Treasure Chest in Arkansas as its first dealer under the newly launched floorplan program. The program offers qualified dealers $0 down and 0% interest for six months to acquire MAX vehicles.
The company currently has seven active dealers across Arkansas, Florida, Hawaii, Illinois, Indiana, North Carolina, and Pennsylvania. The new floorplan program has capacity to support up to 40 additional dealers nationwide, marking a significant expansion opportunity for RECX's dealer network.
Recreatives Industries (OTC: RECX), manufacturer of MAX 6x6 Amphibious All-Terrain Vehicles, has launched a comprehensive cryptocurrency payment system on its website. The new platform accepts over 300 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and stablecoins for purchasing vehicles, parts, and accessories.
The company plans to retain a portion of received cryptocurrency on its balance sheet as part of its treasury strategy and is exploring blockchain-based financing solutions for dealer floor plans and consumer vehicle financing. This initiative aims to enhance global accessibility, eliminate cross-border banking barriers, and reduce international transaction fees while providing direct-from-manufacturer purchasing options.
Recreatives Industries (OTC:RECX) has partnered with FreedomRoad Financial to provide consumer financing for MAX Amphibious 6x6 All-Terrain Vehicles. Through this partnership, qualified buyers can purchase a base model MAX 2 (MSRP $14,699) with $0 down and $259/month payments. The company resumed production of its 2025 MAX 2 model in June 2024, targeting 300-400 vehicles production in 2025. Recreatives plans to invest in marketing and rebuild its North American dealer network, which previously exceeded 200 dealers. The company aims to compete in the global ATV/UTV market, expected to exceed $10 billion in 2024 with 5% annual growth over the next decade.
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