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LEGACY EDUCATION ALLIANCE - LEAI STOCK NEWS

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Legacy Education Alliance, Inc. (LEA) is a prominent provider of educational training seminars, conferences, and services established in 1996. With headquarters in the US, Canada, and the UK, LEA offers comprehensive instruction and mentorship in real estate investing, financial instruments investing, and personal finance. The company's curriculum guides individuals from beginner to educated investors through free workshops, 3-day training, and elite programs delivered live, online, and on-demand. With over 150 employees and nearly 60 independent contractors globally, LEA is dedicated to spreading financial education worldwide.

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Legacy Education Alliance, Inc. has launched the first phase of a development effort to build a database and analytics infrastructure for monetization and transform into a community platform. The implementation of data lakes will centralize data from different sources, enabling predictive analytics, integration across business verticals, and multiple monetization paths.
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Legacy Education Alliance (OTCQB: LEAI) announced a collaboration with My Readiness Coach (MRC) to enhance educational counseling for over 12,000 students in Pennsylvania. This partnership aims to support underprivileged communities and facilitate student success. Upon certain conditions, LEAI plans to acquire MRC by December 2024, aligning with its mission to provide affordable education. Additionally, LEAI aims to uplist to Nasdaq by December 2024 to improve visibility and capital access. The company's educational offerings are expanding, including real estate and investment education, as demonstrated by new events in the Dominican Republic.

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Legacy Education Alliance (OTCQB: LEAI) has announced the relaunch of its Live Events business in collaboration with renowned vacation rental experts Jerry Conti and Brian Page. With a history spanning 25 years, Legacy aims to revive its market presence through a multi-city virtual and live event tour starting in Q4 2022. The company plans to leverage its extensive network, having served over 50,000 students and generated over $250M in revenue from 2016 to 2019. The growth in demand for educational resources in entrepreneurship and real estate positions Legacy Education for a promising comeback.

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Legacy Education Alliance (OTCQB: LEAI) is shifting focus towards impact investing, notably a proposed investment in Monarch Health Inc. Chairman Barry Kostiner emphasized a new approach in partnership with professional athletes to deliver educational and life skills mentorship to underserved communities. The company aims to leverage Monarch Health’s detox services, utilizing hospital resources to enhance profitability. Legacy anticipates a significant revenue opportunity from the growing online student market. However, this investment is subject to Board approvals and negotiations.

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Legacy Education Alliance (OTCQB: LEAI) announced its partnership with Cris Carter to enhance its educational programs targeting underserved youth. This initiative, branded as "Smart Brother," aims to merge entrepreneurial education with live mentoring events. CEO Barry Kostiner highlighted the potential to leverage the company’s past $800 million revenue stream associated with real estate education. The company also closed its initial $100,000 in convertible bridge financing for a potential Nasdaq uplisting. A presentation detailing this partnership and strategic vision is available.

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Legacy Education Alliance (OTCQB: LEAI) announced a marketing partnership with Cris Carter to enhance its educational services, particularly for youth. The company aims to restructure its business and facilitate a Nasdaq uplisting through proposed convertible bridge financing of up to $5 million. This financing is designed to be attractive to investors, featuring a 20% discount and 100% warrant coverage. The initiative follows a strategic plan to leverage past successes and clean up the balance sheet to support future growth in entrepreneurial education.

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Legacy Education Alliance (OTCQB: LEAI) has announced its strategic initiatives for the upcoming year, focusing on a Nasdaq uplisting. The company aims to integrate its education programs with Coopersmith’s degree completion services. CEO Barry Kostiner emphasized expanding their mentoring and sales team to enhance student engagement. Strategic partnerships with Exampil and education counselors are set to strengthen the company’s positioning. Legacy Education also plans to acquire Coopersmith Career Consulting as part of its strategy to enhance its educational offerings.

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Legacy Education Alliance, Inc. (OTCQB: LEAI) reminds shareholders to vote their proxies before the Annual Meeting on July 2, 2021, at 9:00 a.m. EDST, in Purchase, NY. Shareholders will vote on several proposals, including the election of board members, ratification of the independent accounting firm MaloneBailey LLP, approval of the 2021 Incentive Plan, and the Spin Off Transaction. Additionally, a 20% Issuance Proposal and the potential adjournment of the meeting to gather more proxies will be discussed. Proxy votes must be submitted by July 1, 2021.

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FAQ

What is the current stock price of LEGACY EDUCATION ALLIANCE (LEAI)?

The current stock price of LEGACY EDUCATION ALLIANCE (LEAI) is $0.1599 as of April 16, 2024.

What is the market cap of LEGACY EDUCATION ALLIANCE (LEAI)?

The market cap of LEGACY EDUCATION ALLIANCE (LEAI) is approximately 8.2M.

When was Legacy Education Alliance, Inc. founded?

Legacy Education Alliance, Inc. was founded in 1996.

What does Legacy Education Alliance, Inc. offer?

Legacy Education Alliance, Inc. offers educational training seminars, conferences, and services in real estate investing, financial instruments investing, and personal finance.

Where are the headquarters of Legacy Education Alliance, Inc. located?

Legacy Education Alliance, Inc. has headquarters in the United States, Canada, and the United Kingdom.

How does Legacy Education Alliance, Inc. deliver its trainings?

Legacy Education Alliance, Inc. delivers trainings live, online, and on-demand.

How does Legacy Education Alliance, Inc. support individuals in their financial education?

Legacy Education Alliance, Inc. provides mentorship and comprehensive instruction to guide individuals from beginner to educated investors.

What is the global reach of Legacy Education Alliance, Inc.?

With over 150 employees and nearly 60 independent contractors worldwide, Legacy Education Alliance, Inc. aims to spread financial education globally.

What is the mission of Legacy Education Alliance, Inc.?

Legacy Education Alliance, Inc. is committed to providing quality financial education and resources to empower individuals towards financial freedom.

Who is Brad Blazar and what role does he play at Legacy Education Alliance, Inc.?

Brad Blazar is an advisor to Legacy Education Alliance, Inc. and Chief Investment Officer and Faculty Partner of its subsidiary, Legacy Live.

What recent acquisition has Legacy Education Alliance, Inc. made?

Legacy Education Alliance, Inc. recently signed a Letter of Intent to acquire Jessie Hale's digital marketing-focused businesses, including Twlv20, Copy Ninjas, and Engage.

How is Legacy Education Alliance, Inc. expanding its educational offerings?

Legacy Education Alliance, Inc. is broadening its educational offerings beyond real estate and trading to include entrepreneurship and biohacking education while leveraging advanced enterprise tools.

LEGACY EDUCATION ALLIANCE

OTC:LEAI

LEAI Rankings

LEAI Stock Data

8.18M
24.46M
45%
Education & Training Services
Consumer Defensive
Link
United States of America
Cape Coral