Interactive Motorsports and Entertainment Corp. Stock

Interactive Motorsports and Entertainment Corp (IMTS) through its wholly owned subsidiary, Perfect Line, Inc., manufactures two versions of race car simulators and sells racing experiences to the public through revenue sharing and marketing agreements for the out-of-home- interactive gaming market. The Company contracts with operators in major malls, bowling centers, sports bars, family entertainment centers, casinos, and with third parties for trade shows and mobile fan interactive experiences. The Company owns and operates its racing center at the Mall of America in Minneapolis. The racing center features 12 simulators, as well as a selection of NASCAR merchandise. The Company has two versions of racecar simulators, the SMS (3/4 scale of actual NASCAR race car) and the Reactor (a smaller version built primarily for mobile marketing applications). In March 2010, the Company announced that its wholly owned subsidiary, Perfect Line, Inc., filed for Chapter 11 bankruptcy protection.