Business
Corporate Update from Legend Power's President Randy Buchamer
Jul. 12, 2011 (Canada NewsWire Group) -- BURNABY, BC, July 12, 2011 /CNW/ - Legend Power's jo...
About this update from Legend Power Systems Inc.
[{"type":"text","content":"\n\n\n Jul. 12, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nBURNABY, BC, July 12, 2011 /CNW/ - Legend Power's journey of corporate\n renewal continues. We launched our new business plan in January and we\n are encouraged that our plan and the implementation of our sales\n strategies are working. There have been some hurdles but they are now\n addressed. We have a new Leadership Team, a corporate vision, operating\n style and an enhanced sales group.\n\n\nWe continue to take the necessary steps and actions required to ensure\n that our turnaround plan leads to a sustainable, compelling and\n successful long term enterprise that rewards all stakeholders. We are\n not cutting corners and focusing on short term results. The Legend Team\n has a plan, is unified and absolutely focused on making Legend Power a\n long term successful company.  The market feedback on our new\n positioning and approach has been very positive. \n\n\nAt the end of Q2 2011, we released a Q&A format update based on the most\n common questions asked by our shareholders. The following questions and\n answers are intended to update you on our progress.\n\n\nHow are things going? Are you making progress?\n\n\n\nWe, the Legend Power Team, have made great progress executing our\n business plan.  We have cash well into Q1 2012 without sales and with\n forecasted sales, sufficient cash to see us through another year.\n\n\nWe continue to improve the business by managing our costs and developing\n a...