Legends Business Group Announces Removal of 'Stop Sign' by Pink Sheets, More Transparency for Shareholders

MIAMI BEACH, Fla., Jan. 5, 2011 /PRNewswire/ -- Legends Business Group (Pink Sheets: LGBS), an international business consulting group, is pleased to announce to shareholders that LGBS has recently made tremendous strides in its efforts to obtain one of the highest designations that an organization may obtain on the Pink Sheet Electronic Trading Platform regarding an entity's transparency.

LGBS has recently obtained a "Current" designation (Current Information); this signifies LGBS' efforts to build upon Management's mission of providing more company information to current as well as future shareholders. Although LGBS is a non-reporting entity, Management feels that it is this transparency that is needed to separate itself from its other competitors for the sake of attracting new shareholders as well as new capital.

Rolando Sablon, Legends Business Group CEO, states, "I am pleased with the progress that we have made thus far regarding the transparency of our organization. Although tedious and time-consuming, we are currently building a foundation from which to expand Legends' asset base. Prior to doing so, things must be in order so that a company can solely focus on the task at hand and not worry about distractions." Mr. Sablon further states, "We would like to reiterate to our shareholders that what we have accomplished has taken a lot of time and energy on the part of our accounting and legal teams. Anyone with an eye for business knows that a company must first have its affairs in order prior to executing its business plan. We have spent the past several months ensuring that the interim financials were ready to be released to the public as well as ensuring that our business model can be executed upon despite the lower price of crude. Taking all of this into consideration, LGBS is now poised to aggressively execute on our business strategy and potentially bring further value to our stock."

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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 report 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 factors 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 filing with The Securities and Exchange Commission, including its report on Form 10-K.  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.

SOURCE Legends Business Group