Legacy Education Alliance, Inc. Begins Trading Publicly Under Symbol "LEAI"
Cape Coral, FL / ACCESSWIRE / December 3, 2014 / Legacy Education Alliance, Inc. (OTC Markets: LEAI), a leading provider of educational training seminars, conferences and services, is now publicly traded under the ticker symbol "LEAI". As of November 10, 2014, there are almost 20 million shares of common stock outstanding.
Legacy Education Alliance recently announced that it had closed on a transaction whereby it acquired the business of Tigrent Inc. in exchange for an 80 percent interest in Legacy Education Alliance. More information on this transaction can be found in the company's Current Report on Form 8-K filed with the Securities and Exchange Commission on November 10, 2014.
http://www.sec.gov/Archives/edgar/data/1561880/000121390014007905/0001213900-14-007905-index.htm
Legacy Education Alliance, Inc. (legacyeducationalliance.com) was founded in 1996 to provide quality professional education enrichment in the areas of real estate investing, financial instruments and personal finance with the goal of empowering its students with real-world, practical knowledge. The global company has more than 200 employees worldwide with students in more than 100 countries. 900,000+ people have participated in its Rich Dad Education Workshops and Seminars since 2006.
Legacy offers courses through several different brands, including: Rich Dad Education, Brick Buy Brick, The Independent Woman, Women in Wealth, The Greatest Potential Business and Life Summit, Teach Me To Trade, Robbie Fowler Property Academy, Real Options Masters, Building Wealth 5PC and Making Money From Property with Martin Roberts. It has headquarters in the United States, Canada and the United Kingdom.
Legacy's well-known Rich Dad Education seminars are based on the teachings of Robert Kiyosaki, an entrepreneur, investor, educator and author of the revolutionary bestselling book Rich Dad Poor Dad-which held a top spot on The New York Times bestseller list for over six years. The Company's best-in-class, alternative to traditional educational instruction, products and services are designed to instruct its customers on opportunities and pitfalls, enabling them to become financially knowledgeable through education that if followed will increase their likelihood of financial well-being.
Anthony Humpage, CEO of Legacy Education Alliance, said, "By becoming a publicly traded entity, our many students, supporters and other investors will have an opportunity to transparently observe and, if desired, invest in our company. This is yet one more way we can spread our corporate message to growing audiences that are assessing new ways to take control of their financial futures, 'escape the rat race' and enable themselves to achieve financial success. We look forward to updating our shareholders on our continued progress."
While the company will continue to develop its U.S. service offerings which are expected to maintain a stable revenue stream, Legacy also plans to develop international markets, expanding course offerings, recruiting and developing qualified team members and enhancing the recognition and longevity of the Legacy-owned brands in the marketplace.
Forward-Looking Statements
Forward-Looking Statements. This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act") (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words "believe," "anticipate," "estimate," "expect," "intend," "plan," "project," "prospects," "outlook," and similar words or expressions, or future or conditional verbs such as "will," "should," "would," "may," and "could" are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements to be materially different from any anticipated results, performance or achievements. The Company disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional risks and uncertainties that could impact the Company's forward-looking statements, please see the Company's Form 8-K filed on November 10, 2014, including but not limited to the discussion under "Risk Factors" therein, which the Company has filed with the SEC and which may be viewed at http://www.sec.gov.
Contact Information
Investors:
Hayden IR
Brett Maas and Stephen Hart
brett@haydenir.com
hart@haydenir.com
646-536-7331
917-658-7878
Media:
Dian Griesel Int'l.
Enrique Briz
ebriz@dgicomm.com
212-825-3210
SOURCE: Legacy Education Alliance, Inc.