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Wednesday, 08/17/2016 9:00:06 PM

Wednesday, August 17, 2016 9:00:06 PM

Post# of 2746
From LEGX Facebook page 5 hours ago:


"Due to a lack of financial resources, LegacyXChange, Inc. (the “Company”, “we”, “us” or “our”): (a) has been unable to complete and file its Form 10-K for its March 31, 2016 fiscal year end; (b) will be late with its Form 10-Q for the period ending June 30, 2016; and (c) has been unable to execute upon certain matters in its business plan, including attending the Cooperstown event that had been previously announced in the Company’s April 14, 2016 press release, although all of the items signed at the event can be marked with DNA at a later time prior to selling.
The Company has been negotiating with a technology development company that has significant experience bringing to market platforms dedicated for business to consumer activity. We have been sharing our current technology development with this company, which includes our business model, the site’s operation throughout the platform and the design and graphics required for the site. Pending an executed agreement, the terms of which are currently under negotiation, the technology company would provide the site development, ongoing site maintenance and provide the servers necessary to run the site, for a specified period and at such time the site would be deemed operational."


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