Live Nation Orders Legend Trucks
19 Marzo 2008 - 6:30AM
Business Wire
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
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