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CADY (Digital Caddies, Inc.)


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cadyDigital Caddies, Inc. (CADY) is opening a social media connection between the golfer and the golf course by utilizing tablet technology and wireless connectivity installed on golf carts to promote interaction with the device while they play golf.

After Collaborating with Sprint, a leader in the burgeoning field of Machine-to-Machine technology, CADY has designed a unique Android tablet, GPS mobile golf information system for use by both the player and the course. Thousands of players can rely on “The Players Network” as their own digital concierge who will inform them of details on each hole, tracking of their score, request food and beverage service, and support video streaming through high-speed wireless networks. On the other hand, CADY’s information system will also assist the golf course itself by reducing annual operating expenses of up to $75,000 by setting geo-boundaries to protect sensitive areas of the course, display where the carts have traveled, identify common usage patterns, and plan course maintenance more effectively. Additionally, the golf course will have the ability to promote any specials, suggest higher value items, encourage future rounds, or visit the pro shop; all with the intent to increase revenues. Luxurious resorts who are currently Utilizing Company Technology include the Wigwam Resort, the Arizona Biltmore Resort, Longbow Gold Club, Lone Tree Golf Club, the Raven Golf Club and are also available at properties owned by National Golf Management in Myrtle Beach, South Carolina.

 

Symbol: CADY   [ Current PPS: $0.197   Outstanding Shares: 56.1M   Float: 17.8M   – a/o December 11, 2013 ]

cady chart

Website(s): www.digitalcaddies.net

Video:  http://youtu.be/89V-5_-ARSA

 

Market

  • Research details golfers have an average annual household income of $95,000 with high levels of disposable income.
  • Recorded in July 2012, over 29 million golfers exist in the U.S
  • 90% of the golfers use the internet regularly
  • According to the National Golf Foundation, 73% of the golfers have a net worth exceeding $100,000.
  • Golfers played approximately 500 million rounds in 2012 – a 5.7% increase from 2011
  • The U.S average cost to play a round of golf is approximately $27.
  • The Golf Industry was valued at $69 billion in 2011.
  • The National Golf Foundation expects the number of golfers to increase an estimated 3 million by 2020.
  • There are approximately 16,000 golf courses in the U.S
  • According to Forbes, the Professional Golfers Association of America has launched an industry-wide initiative to attract more women in the sport.

 

Recent News

  • CADY has Signed a Corporate Agreement with OB Sports Golf Management, one of the top golf management companies in the world who currently operates over 50 eighteen-hole public and private golf facilities across the U.S.
  • The company has also Partnered with Troon, the world’s largest golf management company, to install the technology in any of the 200 public and private gold facilities in the U.S and 27 other countries.

 

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