Ludwig Enterprises, Inc. Continues Support of EB-5 Foreign Investor
Program
POMPANO BEACH, Fla.,
Oct. 18, 2012 /PRNewswire/
-- Ludwig Enterprises, Inc. (OTC: LUDG) Board of Directors to
continue to support of the EB-5 qualified foreign investor program.
The U.S. Congress recently enacted S.3245 extending parts of the
EB-5 program for an additional three year period. Under the program
a foreign investor could invest in a license for one or a pool of
Ludwig's US (domestic) market areas. Currently Ludwig has
designated (25) twenty-five opportunities for EB-5 Investors i.e.
Detroit, Chicago, New
York, Los Angeles etc. The
US Citizenship and Immigration Services (USCIS) requires each
qualifying foreign investor to invest ($1,000,000) one million
U.S. dollars in designated urban areas and provide a minimum
of (10) ten full time jobs. Qualifying foreign investors would be
USCIS eligible for a two-year visa for themselves, their spouse and
their family followed by Conditional Permanent Resident
status.
Based upon the foreign language focus of Ludwig's content this
union of educated and business savvy foreign nationals seeking U.S.
residency for themselves and their families seems to be a natural
and beneficial business union.
The US Citizenship and Immigration Services (USCIS) designation
allowing foreign nationals to invest in U.S. businesses is termed
the EB-5 Immigrant Investor program. This program is a pathway for
investors seeking liberty to bring foreign capital into and grow
the United States economy. There
are no quota backlogs at this time. The Investor does not need a
sponsor to enjoy the residency life style in the United States.
About Ludwig Enterprises, Inc.
Ludwig Enterprises,
Inc., (LUDG: OTC), is a Nevada
based technology company with regional offices in Pompano Beach, Florida. LUDG has patented a
revolutionary new method of radio broadcasting over unused digital
television spectrum. This technology attaches fifty new digital
radio channels to an existing digital television broadcast
signal.
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.
For Investor Relations information,
Contact:
investor_relations@ludwigent.com
OR
Patrick Greenish
President Ludwig Enterprises,
Inc.
786-235-9026
president@ludwigent.com
SOURCE Ludwig Enterprises, Inc.
