Legacy XChange Inc. (fka LEGX)

[nicky_nuts]

How exactly do you reverse into a company? The way I see it is that they changed their name in May 2010. That shouldn't impact the financials in any way, unless they merged with the company, but that's not what I saw in the 8-K where they changed their name; therefore what they reported on their 7/31/2010 10Q should be fairly accurate; they're not that old, they're from 4 months ago. Those sales were supposed to occur within the past 6 months; that 10-Q encompassed a portion of those 6 months and yet it doesn't show any sales.

The 10-K is due by the end of January - we'll see if it's filed and that will show what we need to see; until then there is no confirmation that those sales actually occurred.