Legend Motors Worldwide, (Pink Sheets: LMWW - News), today announced they will be producing a number of components and parts for the entertainment business and to that end it is extremely pleased to announce that it has a purchase order from Live Nation, (NYSE:�LYV), to supply Monster Truck bodies. Live Nation, who produces numerous live events, was formed via a spin-off from Clear Channel and has a market capitalization of over 800m. Live Nation is the world largest producer of live shows, with over 28,500 events which have included music concerts, theatrical shows, specialized motor sports and numerous other events; total attendance has exceeding 61 million. Live Nation owns or operates 117 venues, consisting of 75 US and 42 international venues. These venues include 39 amphitheaters, 58 theaters, 14 clubs, 4 arenas and 2 festival sites. Ian Marsh, President stated: �We have produced approximately 12 of these vehicles and believe this order, along with our recent announcement regarding Block TV, (February 5, 2008), www.powerblocktv.com, will help solidify our growing presence in the world of entertainment.� Mr. Marsh continued, �We also believe that it will enable us to produce a continuance stream of high end specialty vehicles, thereby creating a new profit center for Legend Motors Worldwide.� All vehicles were created to customer specifications with both the designs and the renderings produced in house and the tooling being manufactured by our team of laminating specialists. Some of the vehicles included in this line up are the Superman and Batman Monster Trucks. About Legend Motors Worldwide Legend Motors Worldwide is focused on the $2 Billion Muscle Car Market while delivering a complete line of vintage cars from the 30's, 40's, 50's, 60's and 70's - a legendary period of U.S. automotive innovation that spawned classic designs that everyone wanted as a child. Legend Motors is a component car designer and assembler that handcrafts an in-house designed chassis with all other required items including wiring, plumbing, brakes, interior wheels, tires and paint completed at its own factory. Legend Motors delivers state-of-the-art versions of these cars that are otherwise unattainable for most car enthusiasts. Our dealer network is available to install the motor, dealer prep and deliver your car starting at $65,000. Links to help you get additional market information: Wall Street Journal Article by Jennifer Saranow January 11, 2008;�Page�W1 Article: http://online.wsj.com/article/SB120000007479681853.html? mod=weekend_journal_primary_hs* Video: http://online.wsj.com/public/page/8_0004.html?bcpid=86195573&bclid= 86272812&bctid=1370835061* *(Due to their length, these URLs may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) CNBC Mike on America Last Update: Tues. Oct. 30 2007 | 1:57 PM Cashing in on classic cars in Charlotte, N.C., with CNBC's Mike Hegedus Video: http://www.cnbc.com/id/15840232?video=582284512 This press release does not constitute an offer to sell or the solicitation of any offer to buy any securities of Legend Motors Worldwide, nor shall there be any sale of any such security in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state. Forward looking statements: This press release and other statements by Legend Motors may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to the outlook for earnings and revenues, other future financial or business performance, strategies and expectations. Forward-looking statements are typically identified by words or phrases such as "believe", "expect", "estimate", "potential", or future/conditional verbs such as "will", "should", and "could". Share Data Shares in Public Float � 2.6 M Recent Share Price $0.60 52 Week Low $0.27 52 Week High $2.65 Market Capitalization $10.74M Shares Outstanding 17.9 M Fiscal Year End Dec 31
LMWW (CE) (USOTC:LMWW)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more LMWW (CE) Charts.
LMWW (CE) (USOTC:LMWW)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more LMWW (CE) Charts.