Legends Business Group Inc (LGBS)

[noahsplay]

News for 'LGBS' - (Legends Retains Auditor; Preparing to Regain Its SEC Fully Reporting Status Legends Business Group, Inc. Retains Patrick Rodgers, CPA, PA to Become SEC Fully Reporting)


MIAMI, Jul 24, 2012 (GlobeNewswire via COMTEX) -- Legends Business Group (LGBS:
PK) is pleased to announce t! hat it has retained Patrick Rodgers, CPA, PA based
in Florida, as its' auditor.

"Legends is proud to have taken its first step to become a fully reporting
Bulletin Board Company by retaining Patrick Rodgers, CPA, PA to perform the
upcoming audit required to meet any reporting needs with the Securities and
Exchange Commission ("SEC")," said Rudy Sablon, LGBS's President and CEO.

Legends is one step closer to its goal in being reinstated as registered with
the SEC pursuant to 12(g) of the Exchange Act moving the company up to their
required filings, as a fully reporting bulletin board company. This step will
provide a regulated quotation service that displays real-time quotes, last-sale
prices, volume information for over-the-counter securities. "A move to fully
reporting SEC filers status will increase Legends exposure to the investment
community at a critical time when we launch our own products and prepare to move
in our new d! irection," said Rudy Sablon, LGBS's President and CEO.

Patrick Rodgers, CPA, PA has assisted various public companies with their goal
of becoming fully reporting, bringing a vast knowledge base of accounting and
audit expertise. He has also audited Legends Business Group, Inc. in the past
and is familiar with their accounting and is planning to meet Legends' deadline
of being fully reporting by the end of the fourth quarter 2012.

One of Legends new undertakings is overall transparency to its shareholders;
this can be demonstrated on our website under current projects -- Letter of
Engagement. Visit: http://www.legendspower.com/current_projects.php

About Legends Business Group

Legends Business Group, Inc. was incorporated in March 2006 and is a publicly
traded company. The company has recently refocused its purpose and has moved
itself into the alternative and exotic energy marketplace. For more information,
please visit: http://www.legendspower.com

Safe Harbor Statement

This r! eport includes forward-looking statements covered by the Private
Securities Litigation Reform Act of 1995. Because such statements deal with
future events, they are subject to various risks and uncertainties and actual
results for the fiscal year and beyond could differ materially from the
Company's current expectations. Forward-looking statements are identified by
words such as "anticipates," "projects," "expects," "plans," "intends,"
"believes," "estimates," "targets," and other similar expressions that indicate
trends and future events. Factors that could cause the Company's results to
differ materially from those expressed in forward-looking statements include,
without limitation, variation in demand and acceptance of the Company's products
and services, the frequency, magnitude and timing of paper and other
raw-material-price changes, general business and economic conditions beyond the
Company's control, timing of the completion and ! integration of acquisitions, the
consequences of competitive factor s in the marketplace, cost-containment
strategies, and the Company's success in attracting and retaining key personnel.
Additional information concerning factors that could cause actual results to
differ materially from those projected is contained in the Company's filings.
The Company undertakes no obligation to revise or update forward-looking
statements as a result of new information since these statements may no longer
be accurate or timely.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Legends Business Group, Inc.


By Staff

CONTACT: CONTACT: Investor/Public Relations/Corporate:

Rodolfo Sablon

Phone: 305! -767-7993

Email: [e-mail]




(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.

-0-




INDUSTRY KEYWORD: Energy Industries

SUBJECT CODE: ENERGY

Stock Market News