Legends Business Group Inc (LGBS)

[AveragePenny]

$LGBS Legends Business Group, Inc. Announces Acquisition of 30 lots, asset value of $3 million

https://www.globenewswire.com/news-release/2022/05/18/2446194/0/en/Legends-Business-Group-Inc-Announces-Acquisition-of-30-lots-asset-value-of-3-million.html

Henderson, NV, May 18, 2022 (GLOBE NEWSWIRE) -- Legends Business Group, Inc. (OTC Pink: LGBS) has acquired land for the development of 30 lots worth $3 million in the Boise, Idaho area. We are very excited to be adding another acquisition, giving the company 166 lots acquired so far in 2022 valued at $16.6 million. We continue to work hard expanding our business.

The company’s current outlook and growth has never been better and is financially sound. As of now we have enough lots to develop well into 2023, with opportunities for us to acquire still more lots available. We look forward to expanding our presence as a strong successful land developer in the real estate market well into 2023 and beyond. We continue to grow at a very fast pace. The real estate housing shortage has created an important opportunity for us to take advantage of our knowledge and resources to swiftly become one of the leading real estate land development companies in the area. We plan on maintaining a prominent long-term presence in the real estate industry. The Company is committed to building shareholder value.

Paul Bakajin CEO/President Stated: “I look forward to putting out more great news and updates about our successful position as a land developer. The company’s growth and outlook has never been better. Our future growth will continue as we have many more land acquisitions planned.

Currently, the only media outlet is the company’s Twitter account: http://twitter.com/Legendsbusiness.

We constantly monitor our website to effectively communicate with our shareholders, therefore, please email us at: [e-mail]. The Company’s Website: https://legendsbusinessgroup.com. All information can be verified at https://www.otcmarkets.com/stock/LGBS/profile