Business
Legend Power Settles Indebtedness of $81,733
VANCOUVER , Aug. 8, 2013 /CNW/ - Legend Power Systems Inc. (TSX-V: LPS) has settled outs...
About this update from Legend Power Systems Inc.
[{"type":"text","content":"\n\n\nVANCOUVER, Aug. 8, 2013 /CNW/ - Legend Power Systems Inc. (TSX-V: LPS)\n has settled outstanding indebtedness to employees, officers and\n consultants totalling $81,733 by the issuance of 1,634,660 shares at a\n deemed price of $0.05 per share. The shares are subject to restrictions\n on transfer of four months expiring on December 7, 2013.\n\n\nAbout Legend Power Systems Inc. \n\n\nLegend Power Systems Inc. (www.legendpower.com) is a leading electrical energy conservation company that manufactures\n and markets a patented device to help commercial and industrial\n customers achieve significant energy savings through voltage\n optimization. Legend Power's Electrical Harmonizer-AVR helps companies\n reduce their electricity bills, maintenance costs, and increases the\n life of electrical equipment, while contributing to a reduction in\n greenhouse gas emissions.\n\n\nNeither the TSX Venture Exchange nor the Investment Industry Regulatory\n Organization of Canada accepts responsibility for the adequacy or accuracy of this release.\n\nSOURCE: Legend Power Systems Inc.\n\n\n Randy Buchamer C.E.O. and President Legend Power Systems Inc. + 1 778 945 [email protected] Copyright CNW Group 2013","length":1914,"tagName":"div"}]