Yesterday, the Legends Business Group Inc (OTCMKTS:LGBS) decided to make an announcement with regards to the sort of progress that it made as a business.
However, the announcement from the company did not have the desired effect on the company’s stock and it ended the day with declines of as much as 23%. In this situation, it might be a good idea for investors to figure out if the recent fall could be a new opportunity. The Chief Executive Officer of the company Paul Bajakin stated that he was grateful for being in the position at a time when things are quite exciting for Legends Business Group.
More importantly, he went to state that he was pleased with the sort of progress that Legends Business Group has made over the course of the past months. Bajakin stated that in recent times he spend ‘hundreds of hours’ towards the task of reviewing the proposals that the company has received from different projects and businesses.
He added that he went through all the proposals before narrowing down the viable ones and at this point, Legends Business Group is in the middle of negotiations with many of those companies.