Branded Legacy, Inc. Announces Removal of "Yield" Sign on OTC Markets Stock Quotes

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Branded Legacy Achieves Current Status on OTC Markets

Branded Legacy, Inc. (OTCQB: BLEG) announced its compliance with OTC Markets, successfully removing its Yield Sign. The company confirms its Current Information status, with all disclosures updated as of June 30, 2022. Chairman Brandon Spikes emphasized their commitment to exceed OTC compliance standards, enhancing shareholder confidence. Additionally, Branded Legacy has canceled 40 million shares in August, reducing total shares to approximately 237 million, supporting a stronger stock position.

Positive

• Achieved Current Information status on OTC Markets, boosting investor confidence.
• Cancelled 40 million shares in August, reducing total outstanding shares to 236,982,816.

Negative

• None.

Company Achieves OTC “Current” Status

Orlando, FL, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Branded Legacy, Inc. (OTCQB: BLEG), a holding company focused on the commercial development of cannabinoid-infused products from CBD topicals and tinctures to edibles is pleased to announce it is in full compliance with OTC Markets allowing removal of the Yield Sign.

Branded Legacy, Inc. has returned to Current Information status with the OTC Markets Group. All disclosures are current as of June 30, 2022. The Company will continue to stay in full compliance with all OTC Markets reporting standards bringing confidence to public.

Brandon Spikes, chairman of Branded Legacy, Inc., stated, “We have been working closely to go above and beyond OTC compliance standards. We are pleased to see the yield sign removed as this instills confidence in our current and future shareholders.”

The Company has been working over the last couple of weeks to reduce its issued and outstanding shares. This week there was Forty Million (40,000,000) additional share cancelation making a total of Two Hundred and Two Million (202,000,000) total shares canceled during the month of August alone. This brings the current issued and outstanding down to 236,982,816. 

About Spikes CBDX: Spikes CBDX is a line of CBD products designed to assist athletes perform better, recover faster, and avoid injuries. The Company believes that post workout recovery, with Spikes CBDX products, can lower inflammation, aid in making your body stronger, and help recover from injuries naturally. The CBD line also targets individuals who are looking for pain relief, better sleep, faster recovery and lowering inflammation. Spikes CBDX provides tinctures, lotions, moisturizer, and cryo-gel roll-ons. To view all the Spikes CBDX products please visit: spikescbdx.com.
 
About Elev8 Hemp: Elev8 Hemp’s mission is simple: craft the highest-quality, organic hemp products for consumers in search of a healthier, happier lifestyle. Everyone needs to get the proper amount of healthy proteins to keep them feeling better and more energetic. We source only the best organic hemp protein powders—naturally full of powerhouse amino acids and Omegas-3, 6, and 9—so we can infuse your daily coffee and tea with an abundance of minerals, vitamins, antioxidants, and fiber. www.elev8hemp.com 
 
About Versatile Industries: Versatile Industries, LLC is an acquisition company used to incubate companies to eventually spin off into their own public vehicles. Currently owns patent for a sports training assembly called The Quickness. Company also owns Astound NMN. By supplementing NMN helps maintain NAD+ levels, ultimately slowing the effects of aging. www.astoundnmn.com
 
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. 

www.brandedlegacy.com
(407) 337-0642
info@brandedlegacy.com

FAQ

What does it mean for Branded Legacy (BLEG) to achieve Current status on OTC Markets?

Achieving Current status means Branded Legacy is compliant with OTC Markets reporting standards, which can enhance investor confidence and improve market visibility.

How many shares did Branded Legacy (BLEG) cancel in August 2022?

Branded Legacy canceled 40 million shares in August 2022, bringing the total canceled shares for the month to 202 million.

What is the current issued and outstanding shares for Branded Legacy (BLEG)?

As of now, Branded Legacy has approximately 236,982,816 issued and outstanding shares.

What impact does the removal of the Yield Sign have on Branded Legacy (BLEG)?

The removal of the Yield Sign suggests that Branded Legacy has met compliance requirements, likely increasing investor trust and potentially improving stock performance.