Legends Business Group, Inc. Announces Pay Down of Accrued Debt
September 22 2008 - 4:27PM
Marketwired
Legends Business Group, Inc. (OTCBB: LGBS) today announced it is
nearing completion of its development stage company status due to
the successful implementation of its business model. The company
has fulfilled all of its obligations in connection with the payment
of officers' salaries as accrued debt. Salaries will no longer be
accrued as debt and are now being paid weekly.
"We are thrilled to be evolving so quickly. We are growing
exponentially," says Larry Powalisz, CEO and President of Legends
Business Group, Inc. "The continuous fulfillment of our early
development stage initiatives, new and existing consulting
agreements, marketing campaigns and the ongoing development of our
support platforms are all key supporting factors that have brought
us to growth through our self sustaining plan of operations."
About Legends Business Group, Inc.:
Legends Business Group, Inc. is an Over the Counter Bulletin
Board stock which trades under the symbol LGBS. To obtain
additional information about Legends Business Group, Inc., please
visit the Company's website, which may be found at:
www.lbgi.net.
This press release contains statements that are "forward
looking," and involve a number of risks and uncertainties.
Statements that are not historical facts are considered
forward-looking statements, and are subject to Safe Harbor
provisions as defined in the United States Private Securities
Litigation Reform Act of 1995. Company results and performance may
be materially different from future results, strategies, plans or
goals expressed or implied by any forward-looking statements made
herein. The Company disclaims any obligation to update or revise
any forward-looking statements.
Contact: Legends Business Group, Inc. Larry Powalisz
407-263-4029 inquiries@lbgi.net
Legends Business (CE) (USOTC:LGBS)
Historical Stock Chart
From May 2024 to Jun 2024
Legends Business (CE) (USOTC:LGBS)
Historical Stock Chart
From Jun 2023 to Jun 2024