Replies to post #5942 on Branded Legacy Inc (BLEG)

[Sobek]

Item 4 from the 10-Q filed on October 11, 2016 http://www.otcmarkets.com/financialReportViewer?symbol=PLAD&id=161132


Issuance History

The Company issued 80,000,000 Free Trading Common Shares to Ian Reed DBA Investor Development. The Company has a verbal agreement from Mr. Reed that the shares will be returned to treasury.

The Company issued 800,000,000 Restricted Common Shares to one Individual. The Company is in the final stages of an acquisition and has entered a Letter of Intent (LOI). As part of the terms of the Agreement these restricted shares will be returned to treasury.

First update

http://www.otcmarkets.com/stock/PLAD/news/PLAD--Inc--Retires-200-Million-Common-Shares?id=143678&b=y