Business
Legacy Education Alliance Announces Proposed Relationship with Cris Carter and Progress on Strategic Initiatives
Legacy Education Alliance Announces Proposed Relationship with Cris Carter and Progress on Strategic Initiatives.
About this update from Legacy Education Alliance, Inc.
[{"type":"text","content":"\n CAPE CORAL, FL, April 26, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Legacy Education Alliance, Inc. (OTCQB: LEAI), has announced its intent to form a marketing partnership with Cris Carter, Pro Football Hall of Fame 2013, and its intent to progress on strategic initiatives including the spin off of the operating business of Legacy Education, previously approved by shareholders, and the structuring of a planned convertible bridge financing to its Nasdaq uplisting.  Barry Kostiner, Chairman and CEO of Legacy Education, remarked “We are delighted to announce our planned marketing partnership with Cris Carter and Family Office Experiences to rebuild Legacy Education. Hearing Cris speak at the FOE Dubai conference at the beginning of April, including his personal journey and vision, was one of the most inspiring experiences in my career. His passion and personal story, together with his brother, Jeff Davis’ expertise in business operations, we believe is the future of Legacy Education, bringing us beyond entrepreneurial education to using our live event and mentoring operations to give underserved youth a path to financial success and achievement of life goals.” Cris Carter commented, “As I have entered into the business phase of my career, I have been offered several opportunities to profit from my experience and reputation. My personal desire is to give back to youth. We have created Apex Sports as an education platform to reach youth who desire guidance on a sports career path. By working with Legacy Education, we are seeking to inspire young people on the importance of going beyond sports to focus on basic education and achieve the solid foundation needed to facilitate a career and family stability. Even the rare students who do succeed in sports need to have the culture and support system to acquire skills that allow them to succeed in life after their sports career reaches its natural conclusion. I look forward to working with Legacy Education and our team to partner with non-profit organizations, and bring hope to those who have lost hope, and a path to success for those who are struggling.” Barry Kostiner continued, “Under the leadership of Andrew McDonald, Tim Chaffin and his daughter Whitney Chaffin, Legacy Education is seeking to restructure and rebuild the real estate and tra...