Recreatives Industries (OTC: RECX) Signs First Dealer Under New Floorplan Program
Globenewswire·2025-10-01 13:00

Core Insights - Recreatives Industries, Inc. (RECX) has signed its first authorized dealer, Vilonia Treasure Chest, under a new dealer floorplan program that offers $0 down and 0% interest for the first six months, facilitating easier access for dealers to carry MAX vehicles [2][3][4] Group 1: Dealer Network Expansion - The floorplan program allows qualified dealers to secure MAX vehicles with no initial investment, significantly lowering entry barriers for powersports and outdoor equipment dealers [3][4] - RECX has the capacity to add up to 40 additional dealers nationwide under this new program, indicating a strategic push to expand its dealer network [3][4] Group 2: Company Growth Strategy - The CEO of RECX, Andrew Lapp, emphasized that signing Vilonia Treasure Chest marks the beginning of a new growth chapter for MAX ATVs, aiming to enhance consumer access to their products across the U.S. [4] - Looking ahead to Q4 2025 and beyond, RECX plans to significantly expand its U.S. dealer network, focusing on providing consumers with access to U.S.-made amphibious 6x6 vehicles [5] Group 3: Product Diversification - RECX is relaunching the entire MAX ATV product line and plans to diversify its offerings by introducing larger 8x8 vehicles and electric vehicle drivetrains, leveraging advancements in battery and drive motor technology [6] - The company aims to ensure a rapid re-entry into the global ATV and UTV markets while maintaining the legacy of the MAX brand [6]

Recreatives Industries (OTC: RECX) Signs First Dealer Under New Floorplan Program - Reportify