LUDG — Ludwig Enterprises, Inc.

Ludwig Enterprises, Inc. is a revolutionary broadcasting company. Ludwig is offering programming to the un-served or under-served Ethnic, Senior citizen and Youth markets which have been for the most part excluded from todays commercial broadcasters. The company is helping moving traditional (analogue) radio into the digital age.

Ludwig Enterprises, Inc. is deploying the first U.S. national ethnic radio network. Taking advantage of an underserved market Ludwig can capture the 30 million foreign born listeners that together wield formidable economic clout. In 2009, the combined buying power of this group more than triple its 1990 level of $456 billion and will exceed $1.5 trillion.



Financial Highlights

- The company was organized in 1988.
- Became a public company in 2006
- For the past 3 years has been funded
by an Angel Investor
- Was issued a Patent in 2009 for its
revolutionary Transmission Method
- Has Authorized 75,000,000 Common
Shares – Issued 74,420,999
- The Float is 7,394,398 shares
- Company has 554 shareholders

Competitors

The closest competitor is Sirius/XM radio but even they are very dis-similar to “The One”. “The One” radio caters primarily to the Ethnic, Senior Citizen and Disenfranchised Youth markets.

“The One” radio like Sirius/XM is a subscription based service for legal reasons. A one-time subscription fee is charged upon activation and the radio is given as a gift. Unlike Sirius/XM Ludwig does not charge a monthly fee. The primary source of income to Ludwig is from advertising and the sale of syndication time.

Grabbed some on Friday ..26

.27 x .30 PM

Ludwig Enterprises, Inc's. TheOne to Add Applications Targeting Business Professionals



Email
Print


Companies:
Ludwig Enterprises Inc.

Related QuotesSymbolPriceChange
LUDG.PK0.270.00


Press Release Source: Ludwig Enterprises, Inc. On Monday August 9, 2010, 9:00 am

POMPANO BEACH, Fla.--(BUSINESS WIRE)--Ludwig Enterprises, Inc. (PINK SHEETS: LUDG - News) board of directors announces that in addition to Ludwig’s News, Information and Entertainment applications, Ludwig Enterprises Inc. is adding a “Professional Application Group.” This new application group will assist busy professionals with scheduling and time management. The application group will initially imbed a scheduler that can organize both personal and professional tasks. In addition, planned future applications will allow for interfacing with business fulfillment centers, printing and document companies, and various other needed professional services. Vendors such as Ticketmaster™ and Proflowers™ may be added to the application. Applications are being designed to make it easier to handle day-to-day tasks quickly and efficiently as demand for higher productivity on professionals becomes more acute.

About Ludwig Enterprises, Inc.

Ludwig Enterprises, Inc. is a revolutionary broadcasting company. Ludwig is offering programming to the Multi-Cultural Ethnic and Senior citizens markets that are currently underserved by commercial broadcasters. Ludwig is part of the digital conversion of radio from traditional (analogue). Ludwig will be all-digital, all the time, in all locations, rivaling the quality existent on HD or satellite radio.

Ludwig has developed and patented a new radio that receives signals from new Digital Television Stations (ATSC also known as HD-TV). The radios receive 50 channels of audio. Ludwig's programming consists of 40 channels of ethnic talk radio (Filipino, Pakistani, Hebrew, Chinese, Greek, Russian and more). The remaining channels include, in English, old-time radio shows, 24-hour news without commentary, audio books, educational and religious programs plus classical music.

For financial highlights and information visit www.ludwigent.com or www.otcmakets.com.

SAFE HARBOR

Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by Ludwig Enterprises, Inc. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Ludwig Enterprises, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.

could explain the volume today ...its trading at HOD going into close