Legends Begins Third Party Testing on MFCC
16 November 2012 - 12:30AM
Marketwired
Legends Business Group (PINKSHEETS: LGBS), today announced that
testing on the MFCC has already begun and the company is awaiting
results. The Third Party testing facility had previously received
the MFCC from Legends and the results are expected back within the
next few weeks.
"It's an exciting step for Legends and we are eager to compare
the results against what we have found in our own testing," said
Rudy Sablon, LGBS's President and CEO.
Legends initially had announced it had secured NDA's from
various Third Party entities back on August 29, 2012. Due to the
poor response time, inability to come to an agreement on fees, and
to prevent further delays in the testing phase, Legends has
authorized the manufacturing company hired to research and obtain
the Third Party testing facility. This will keep the company at
true arm's length of the testing. Legends was informed the
manufacturing company has hired an independent testing facility out
of Ohio which has tested several similar high efficiency products
in the past. "Legends feels this process will speed up test results
and validation for this and future tests, allowing Legends to have
more unbiased results," said Rudy Sablon.
The MFCC is described as a state-of-the-art multi-function
charging controller, which digitally and thermally continuously
adjusts throughout its charging cycle. The device will
automatically detect and charges 12, 24, 36, and 48VDC lead acid
batteries utilizing complex charging algorithms in association with
bi-directional feedback to attain the optimal charging sequence for
each charging session.
One of Legends new undertakings is overall transparency to its
shareholders; visit our website under current projects to find
updates on the MFCC. Visit:
http://www.legendspower.com/current_projects.php
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: Corporate Investor / Public Relations:
Rodolfo Sablon Phone: 305-767-7993 Email: Email Contact
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