HENDERSON, NV / ACCESSWIRE / June 20, 2017 / Legends Business Group, Inc. (OTC PINK: LGBS) today announced that Bill Schaefer is leaving his position as Chief Executive Officer and member of the Board of Directors. Brian Estrada was appointed as Chief Executive Officer of the company. Estrada brings with him knowledge and background in the Oil & Gas sector for the company moving forward. As a commitment to the shareholders, the new CEO was able to get Bill Schaefer to retire all his shares of 650,000,000 common.
Estrada stated that, by having the old CEO step down, and with his new share retirement commitment, this will remove any fear of those shares coming into the market. Expect more updates and news soon.
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company’s operations generally, may differ materially from what is projected in such forward-looking statements. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
SOURCE: Legends Business Group, Inc.