Legends Business Group, Inc. Announces Market Testing of Credit Card Services
October 29 2008 - 8:35AM
Marketwired
Legends Business Group, Inc. (OTCBB: LGBS) announced today it will
begin market testing of credit card services through one of its
client customers in early November 2008. Once market testing is
complete the company expects to roll out its credit card services
through five additional client customers who have eagerly
anticipated the programs inauguration.
Stanley DeSilva, Manager of LGBS Credit Card Services Department
diligently secured three national merchant agreements which will
provide alternative billing methods for those not suited to LEC
(Local Exchange Carrier) billing or those seeking an alternative
payment choice. "We are excited to offer this traditional billing
method to our client companies, who have been billing for their
services through LEC billing. With credit card billing, Legends now
offers a full range of billing services," stated DeSilva.
The test client goal is to attain minimum credit card revenues
of $200,000 per month, matching their monthly LEC (Local Exchange
Carrier) billable sales with secured credit card sales, one to
one.
"Credit card sales offer convenience and security to both
consumer and merchant. They allow access to the products and
services of our client customers to a host of new customers. Credit
card sales will speed the transaction process, reduce bad debt and
increase cash flow," said Legends President and CEO Larry
Powalisz.
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
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