Great stock news release
"Charlotte Humphrey" <[email protected]>
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Great Stock Tip Legend Credit Records Record Revenue Current product featured in Fortune Magazine Ann Arbor, Mi. - Legend Credit, a subsidiary of Legend Mobile Inc. (OTCBB: LGMB), today reported that it had achieve record revenue for the recently concluded fourth quarter. The company's gross sales were up 280,000% from the same period a year ago. The company's revenue was derived from the sales of its Hilary Duff branded Visa gift card. The Duff card is pictured in the February 23, 2004 issue of Fortune magazine along side of the KISS Visa card in an article discussing the history of the credit card in America. Both cards were created by Legend Credit founder Peter Klamka. The KISS Visa card is considered to be one of the most successful cobranded cred1t cards in the entertainment industry. Legend Credit is currently evaluating opportunities for other stored value cards including re-loadable debit cards as a result of the success of its first offering. Legend Credit is positioned as a leader in branded debit and stored value cards. The overall market for these stored value cards is estimated to be in excess of $300 billion per yr. in the United States. To read about latest quotes and more info **Forward-Looking Statements This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," or variations of such words are intended to identify such forward-looking statements. All forward-looking statements made in this press release are made as of the date hereof, and the company assumes no obl1gation to update the forward-looking statements included in this news release whether as a result of new information, future events, or otherwise. The forward-looking statements include, but are not limited to, the anticipated record sales of the Company's gift cards, the expected best holiday season ever for stored value cards and the expected ability to rapidly issue new card programs. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements. Please refer to the Company's Form 10-K and other filings with the SEC for additional information regarding risks and uncertainties, including, but not limited to, the risk factors listed from time to time in such SEC reports. To get off our registry go here