The Mint Leasing, Inc. Begins Trading on OTC Bulletin Board Under New Symbol 'MLES'
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The Mint Leasing, Inc. Begins Trading on OTC Bulletin Board Under New Symbol
'MLES'
HOUSTON, July 23 /PRNewswire-FirstCall/ -- The Mint Leasing, Inc.
(OTC Bulletin Board: MLES), which leases automobiles and fleet vehicles
throughout the United States, is pleased to announce that it has successfully
completed the business combination with Legacy Communications
(OTC Bulletin Board: LGCC), and the Company's name has been changed to "The
Mint Leasing, Inc.". Simultaneous with the name change, the business
combination and a 1-for-20 reverse stock split have become effective. Shares
of The Mint Leasing, Inc. have commenced trading on the OTC Bulletin Board
under the symbol "MLES". Shareholders of LGCC are encouraged to contact their
broker if they have any questions, as they will receive one share of MLES for
each 20 shares of LGCC. No fractional shares will be issued, as shareholders
will receive cash in lieu of any fractional shares.
"Today marks an exciting new chapter for The Mint Leasing, and I look
forward to leveraging the benefits of being publicly traded to expand our
operations and accelerate the growth of our business," stated Jerry Parish,
Founder and Chief Executive Officer of The Mint Leasing, Inc.
About The Mint Leasing, Inc.
The Mint Leasing, Inc., leases automobiles and fleet vehicles throughout
the United States. Most of its customers are located in Texas and six other
states in the southeastern U.S. The Mint Leasing's customers are primarily
comprised of brand-name automobile dealers that seek to provide leasing
options to their customers, many of whom would otherwise not have the
opportunity to acquire a new or late-model-year vehicle. The Mint Leasing,
Inc. is responsible for underwriting criteria and procedures, administration
of the leases, and collection of payments from lessees.
The Company is headquartered in Houston, Texas, and its common stock
trades on the OTC Bulletin Board under the symbol "MLES".
The information in this news release includes certain forward-looking
statements that are based upon assumptions that in the future may prove not to
have been accurate and are subject to significant risks and uncertainties,
including statements to the future financial performance of the Company.
Although the Company believes that the expectations reflected in the forward-
looking statements are reasonable, it can give no assurance that such
expectations or any of its forward-looking statements will prove to be
correct. Factors that could cause results to differ include but are not
limited to, successful performance of internal plans, product development and
acceptance, the impact of competitive services and pricing, or general
economic risks and uncertainties, and other risks disclosed in the Company's
periodic filings with the U.S. Securities and Exchange Commission.
Contact: R. Jerry Falkner, CFA, RJ Falkner & Company, Inc., Investor
Relations Counsel at (800) 377-9893 or via email at info@rjfalkner.com
or
The Mint Leasing, Inc. Investor Relations at investorinfo@mintleasing.com
SOURCE The Mint Leasing, Inc.
R. Jerry Falkner, CFA, of RJ Falkner & Company, Inc., Investor Relations
Counsel, +1-800-377-9893, info@rjfalkner.com, for The Mint Leasing, Inc.; or
The Mint Leasing, Inc. Investor Relations, investorinfo@mintleasing.com
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