Legends Business Group Inc (LGBS)

[otc]

My thoughts on LGBS: Why nickle land!!!!!

Synopsis (1min read):
LGBS is a "SHELL" in process of becoming full reporting company and can not dilute any shares till Dec-2012 as per recent financials. Meaning we got only 127Million Float, sexy chart that goes up on volume, 2 hot news updated by company in last 3 weeks after ~1 year (why!!!), Company is in transition phase and by next year it will be OEM, OTC Pinksheet Current status, Nice working website and slim level2 without any dirty market makers I think L2 is mostly retailers. 0.04-0.05 PPS is very realistic, u don't need to buy but put all this info together and show me 1 freaking pinksheet stock that have same thing we got with LGBS!!!!!

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More Info:

1. Company coming out of Abyss and more openly proving updates to shareholders:

Company published 2 BIG news after ~1 year. It seems more updates on manufacturing, vendor contracts, sales and others info about to roll out on regular basis.

2.Company is not in a position of DILUTION: Are you f$%@$@# kidding me? Nope they can't dilute read below hehehehe

As per pinksheets share structure is
Market Value1 $5,430,546 a/o Jul 20, 2012
Shares Outstanding 1,234,215,000 a/o Mar 31, 2012
Float 1,234,215,000 a/o Dec 31, 2011
Authorized Shares 2,000,000,000 a/o Dec 31, 2011

BUT if you dig financials, you will realize 90% yes freaking 90% shares owned by INSIDERS, it's da SHELL and can not be diluted till they became FULLY REPORTING company after submiting 2 years financials. As per company it will be done by Dec 2012 meaning NO FREE SHARES to dilute and according to financial they are SHELL company meaning all those share held by insiders are locked till they file 2 yrs filings!!!!!

>>>>>>>>>>>>>>>>>>So, till ~Dec 2012, 127M free floating shares trading!!!!!!!<<<<<<<<<<<<<<<<<


3. Chart says NICKLE LAND EXPRESS getting ready!!!!


4.OTC pinks current status and after filing 2 years financials they are going to be fully reporting.


5.GAME CHANGER: LGBS transiting from Third Party Product seller to OEM (Original Equipment Manufacture):--> LGBS products mainly consists of third party products BUT recent news indicates they are going to Manufacture new Battery technology which enables them to manufcture, sell these products across the USA. These new battery technology mainly based on Nanotech + Organic Semiconductor material based technology IMO which are light weight, store more energy than conventional crap batteries and they are cheaper.

-> http://www.otcmarkets.com/stock/LGBS/news/LEGENDS-SEEKS-RIGHTS-TO-NEW-BATTERY-CHARGING-TECHNOLOGY--BEGINS-PROCESS-TO-BECOME-FULLY-REPORTING?id=49882&b=y
-> http://www.otcmarkets.com/stock/LGBS/news/LEGENDS-EXECUTES-LETTER-OF-INTENT--ACQUIRES-NEW-TYPE-OF-BATTERY-CHARGING-DEVICE?id=50128&b=y

5. Read from BOS DD: - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77898391


GLTA,
Scooter