Legends Business Group Locates Significant Grant and is Pending Submission on Its First Grant Proposal
July 15 2011 - 7:30AM
Legends Business Group (Pink Sheets:LGBS) today announced it has
located an appropriate grant and is pending submission of its first
grant proposal.
"This is a great initial step towards furthering our
research funding and capacities," said Rudy Sablon, President and
CEO of Legends. "The way this grant is written clearly
describes our exact goals and objectives as well as the positive
social impact on our projects throughout the community."
Grant writing is a tedious process that involves effective
writing skills, through research, and an ample amount of
preparation time.
"If Legends can establish this grant we can effectively
bring out and focus our projects on social entrepreneurship and
give the Company the opportunity to increase its potential to
acquire further funding from various sources," Sablon
said.
According to Sablon, each year many federal agencies open
funding opportunities and programs for various organizations and
institutions. Despite the strict requirements and specifications,
more and more are applying for federal grants. But with the
conscious knowledge on the volume of grant applicants that need to
compete for the grant funds, Legends realizes their need to prepare
a well-written federal grant proposal. Federal grant proposals are
one of the most inquired and most sought after, hence because of
the competitive nature of the grant application dissemination of
the actual grant application will be refrained until the
application process closes. This is particularly true during the
second and third quarters of the year when most federal grant
programs are open for application.
"I'm cautiously optimistic that Legends does have a high
probability of being funded for this grant procurement which is in
the five-to-six figure range," Sablon said. "Keep in mind
applying for a grant is like joining a competition. In doing so we
compete with other grant seekers, therefor not everyone is
guaranteed the approval of the respective funding source."
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 filings. 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.
CONTACT: Investor Relations:
Dave Donlin
Phone: 407-299-2377
Email: dave@thecervellegroup.com
Public Relations:
Peter Nasca
Phone: 954-473-0677
Email: pnasca@pnapr.com
Corporate:
Rodolfo Sablon
Phone: 305-767-7993
Email: info@legendspower.com
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