LMWW (CE) (USOTC:LMWW)
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Legend Motors Worldwide (Pink Sheets: LMWW)
today announced the company will add a ‘56
Nomad, a ‘68 Mustang, a ‘69
Camaro Convertible and the ‘70 Chevelle
SS Tribute vehicles to its current lineup, which includes the ‘69
Camaro, ‘63 thru ‘67
Corvette, ‘59 Corvette and ‘71
Hemi Cuda. These will be in addition to its extensive lineup of
available bodies and chassis already available. Please see the
complete line of Legend Tribute™ cars at http://www.legendmotors.com/.
You may also call Mark Gilbert, 317-867-2839 or e-mail him at MGilbert@MagellanFin.com.
Ian Marsh, President, stated, “We have
discussed the demand for these classics with our dealers and determined
each of these new products represents our 10 unit per month minimum for
production.”
Furthermore, discussions have commenced on expanding the lineup to
include vintage luxury cars for both export and for domestic sale. Ian
Marsh, President, stated, “There has been a
great interest expressed in the development of some historic luxury
vehicles with modern technologies and drive trains. To this end we are
finalizing discussions on which vehicles to pursue.”
Legends Motors Worldwide, (www.LegendMotors.com),
would also like to take this opportunity to say that we have a number of
exciting announcements planned as we enter 2008; this includes new
dealerships, expansion of our marketing outlets, and a number of other
impressive news items regarding our continued expansion as a public
company.
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
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
$0.70
52 Week Low
$0.27
52 Week High
$2.65
Market Capitalization
$12.53 M
Shares Outstanding
17.9 M
Fiscal Year End
Dec. 31
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