United States : Legacy Brands Holding, Inc. Announces New Business Plan.Byline: rakshali03 Legacy Brands Holding, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : GBJT) today announced its new business plan. The Company plans to develop a vertically integrated and horizontally focused holding company that through future acquisitions will offer a full line of products in the sports fishing equipment and supplies industry. The Company will implement its business plan through strategic acquisitions, unique product development, key alliances, and exclusive distribution rights. The 2006 Survey by the U.S. Fish & Wildlife Service found that 30 million anglers spent $42 billion on sports fishing equipment and supplies in the US. Legacy plans to acquire companies that manufacture and distribute products within four categories of the sports fishing equipment and supplies industry. Legacy s four categories target the industry s annual US revenue of $4 billion out of the total of $42 billion. The Company recently changed its name from Global TransNet Corp. with the state of Florida Florida, state, United States Florida (flôr`ĭdə, flŏr`–), state in the extreme SE United States. A long, low peninsula between the Atlantic Ocean (E) and the Gulf of Mexico (W), Florida is bordered by Georgia and where it is incorporated. Until the new symbol is issued, the Company is trading under Global TransNet Corp. (GBJT). The Company effected a stock split of 1 for 300 shares of all of its issued and outstanding common stock with a record date of November November: see month. 15, 2009. Its authorized common stock remains at 500 million shares. Copyright : Euclid Infotech Pvt. Ltd. Provided by Syndigate.info an Albawaba.com company |
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