IMO the two NEWS shown below are the most relevant ones preceding the re-activation of the company at the Nevada SOS plus new management which has not been introduced yet plus its relevant plans for the company.
Legends Business Group Inc (OTC: LGBS) Announces New CEO and Share retirement
HENDERSON, NV - June 20, 2017 - InvestorsHub NewsWire - Legends Business Group, Inc. (OTC Markets: LGBS) Today announced That Bill Schaefer is leaving his position as Chief Executive Officer and member of the Board of Directors. Brian Estrada was appointed as Chief Executive Officer of the company. Estrada brings with him the knowledge and background in the Oil & Gas sector for the company in move forward. As a commitment to the shareholders the new CEO was able to get Bill Schaefer to retiring all his shares of 650,000,000 common.
Estrada stated: with having the old CEO stepping down and with his new share retirement commitment this will remove any fear of those shares coming into the market. Expect more updates and news soon.
Legends Business Group Inc (OTC: LGBS) Announces New Lease Holdings on Four Existing Wells
January 31, 2018 09:40 ET
HENDERSON, Nev., Jan. 31, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE--Legends Business Group, Inc. (OTC Pink:LGBS) announced that the Company has acquired the Company’s first leases on four existing oil wells in Oklahoma.
The leases are for wells already existing, each produce approximately 20 barrels per day with about 1,000 cubic feet of oil. J. P. Morgan recently raised its forecast for Brent crude oil prices (the international benchmark for prices) to $70 a barrel on J.P.’s belief that growth in economies around the world could boost demand for energy.
Brian Estrada, CEO stated, “I believe that the Company’s entry into the field of oil and gas is well-timed. Support for oil prices have the potential to last into early summer and the fact that we have obtained leases on existing wells puts the Company to work sooner as opposed to merely having lease rights on an undeveloped property. I look forward to updating shareholders as we pursue the future business and operating growth of the company.”
Brian Estrada
405-464-0694
