Legends Business Group, Inc. Announces Acquisition of 34 lots, asset value of $3.4 million.
Henderson, NV. Date: September 21, 2022; Legends Business Group, Inc. (SYMBOL-LGBS) Has acquired land for the development of 34 lots worth $3.4 million in the Boise Idaho area. We are very excited to be adding another acquisition giving the company 200 lots acquired so far in 2022 valued at $20 million. As of 06/30/2022 the company’s revenues are $3,580,000 with a gross profit of $540,000.
The company is in good shape and will remain so throughout the year. We continue to grow and expand our business and we are confident that real estate is still viable. The real estate industry is seeing a temporary slowdown after several years of expanding growth. We remain confident about our progress and will continue working hard as we go through this correction period. We anticipate this correction to continue for the rest of the year, we also believe that by the first Quarter of 2023 we will be back to steady growth.
Paul Bakajin CEO/President Stated: “I am committed to building a successful business. I look forward to putting out more news and updates about the company’s progress, growth and outlook.
Currently the only media outlet is the company’s twitter account http://twitter.com/Legendsbusiness .
We constantly monitor our website to effectively communicate with our shareholders, therefore, please email us at [email protected]. The Company’s website https://legendsbusinessgroup.com. All information can be verified at https://www.otcmarkets.com/stock/LGBS/profile
Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. The company may make forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are estimates that reflect the company’s best judgment based upon current information. All investments involve risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company’s public announcements.
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Legends Business Group, Inc.