Cenergy (LBGE) Becomes Current, Readies for Name Change By: staff reporter, Tom Bustamante Last Updated: April 12, 2012 - 8:51am EST
(NEW YORK)--Creative Edge Nutrition, Inc. (Cenergy), which is traded under the name Laufer Bridge Enterprises, Inc. (Pink:LBGE), has upgraded their tier status to "Current" on OTC Markets, and prepares itself for name change with the State of Nevada.
The Company recently posting their past financial data, along with legal opinion from corporate counsel to OTC Markets for upgrade on their tier status. Early Wednesday, the Company received approval and is now 'Current' with OTC Markets tier status.
In addition, just this morning, the Company has updated their corporate status with the State of Nevada to current and active, thus clearing the way now to file with the Secretary of State for a name change to the company. (view Nevada status)
These events are had been major delays in the company launching their sports nutrition supplement product line. But, with these issue now behind them, LBGE looks primed to begin their worldwide launch of well over 10+ sports nutrition supplements.
Ludlow Capital, and equity research firm based in New York, issued note to clients that they have issued a target of $0.025 to $0.03 short-term, and $0.05 to $0.10 mid-term on LBGE's common shares. In their note they mentioned the events in cleaning up the prior shell, and said investors shouldn't just look at the launch of Cenergy's product line as the key event, but the prospects now of possible acquisitions that would bring immediate revenues and distribution under the LBGE umbrella.
LBGE closed Wed. at a price of $0.0067 on higher then normal volume.
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About Creative Edge Nutrition, Inc.
Creative Edge Nutrition, Inc., (Cenergy) is a health and nutrition company engaged in the development of nutraceuticals. Cenergy will offer a wide range of science based products in capsules, tablets and powders in three principal categories: Weight Management, Nutrition, Energy and Fitness, The Company's objective is to successfully market, distribute and continue to develop innovative nutritional supplements. Cenergy creates attitude; attitude creates muscle. www.cenergynutrition.com
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