Business
Legends Business Group Announces Removal of 'Stop Sign' by Pink Sheets, More Transparency for Shareholders
Legends Business Group Announces Removal of 'Stop Sign' by Pink Sheets, More Transparency for Shareholders.
About this update from Legends Business Group, Inc.
[{"type":"text","content":"MIAMI BEACH, Fla., Jan. 5, 2011 -- Legends Business Group (Pink Sheets: LGBS), an international business consulting group, is pleased to announce to shareholders that LGBS has recently made tremendous strides in its efforts to obtain one of the highest designations that an organization may obtain on the Pink Sheet Electronic Trading Platform regarding an entity's transparency.LGBS has recently obtained a \"Current\" designation (Current Information); this signifies LGBS' efforts to build upon Management's mission of providing more company information to current as well as future shareholders. Although LGBS is a non-reporting entity, Management feels that it is this transparency that is needed to separate itself from its other competitors for the sake of attracting new shareholders as well as new capital.Rolando Sablon, Legends Business Group CEO, states, \"I am pleased with the progress that we have made thus far regarding the transparency of our organization. Although tedious and time-consuming, we are currently building a foundation from which to expand Legends' asset base. Prior to doing so, things must be in order so that a company can solely focus on the task at hand and not worry about distractions.\" Mr. Sablon further states, \"We would like to reiterate to our shareholders that what we have accomplished has taken a lot of time and energy on the part of our accounting and legal teams. Anyone with an eye for business knows that a company must first have its affairs in order prior to executing its business plan. We have spent the past several months ensuring that the interim financials were ready to be released to the public as well as ensuring that our business model can be executed upon despite the lower price of crude. Taking all of this into consideration, LGBS is now poised to aggressively execute on our business strategy and potentially bring further value to our stock.\"For further information on the various OTC Market tiers, please visit Pink Sheets at www.pinksheets.comAbout Legends Business GroupLegends Business Group, Inc., was incorporated in March 2006, and is a publicly traded company. The company has recently refocused its purpose and has moved itself into the alternative and exotic energy marketplace. For more information please visit: http://www.legendspower.com.Safe Harbor StatementThis report inclu...