$LEGX huge premarket news! First one in 2016! Lega
Post# of 26709
http://finance.yahoo.com/news/legacyxchange-s...00919.html
BOCA RATON, Florida, March 29, 2016 /PRNewswire/ --
LegacyXChange, Inc. (OTC: LEGX) ("LegacyXChange" or the "Company" LegacyXChange "LEGX" and SelectaDNA/CSI Protect are pleased to announce our successful effort to embed Synthetic DNA in ink used in a variety of writing instruments, ensuring athletes signatures against counterfeiting and ultimately preventing theft. Buyers of originally created collectibles from athletes on LegacyXChange will be assured of ongoing proof of authenticity through forensic analysis of the DNA.
Bill Bollander, CEO states, "By inserting the DNA material in a host of writing instruments, we are now able to have athletes and celebrities sign collectibles with the guarantee that the item can always be properly identified as to the original signor, further, because the DNA is embedded microscopically in the ink used for their signature, thieves are not inclined to even attempt to remove the DNA, as it will only remove the signature decreasing the value of the collectible. SelectaDNA, as the world leader in the home asset marking has been extremely helpful in developing these opportunities, which goes to show their level of commitment and enthusiasm for LegacyXChange".
Henrik Olsen, from CSI Protect products states, "We are very excited and supportive of LegacyXChange and their business model, we believe it will change the concept of how collectibles are valued. We currently lead the world in a home asset marking; there is no reason why our customers that mark items for theft protection at home can't also use LegacyXChange as a platform to sell their valued assets, assuring buyers that items all already marked with DNA for theft protection. There is definitely a symbiotic relationship between the two companies and we look forward to their upcoming launch".
LegacyXChange is working towards its planned launch in the second quarter of 2016, and in the coming days will provide more details of anticipated revenue from sales of one of a kind sports memorabilia and other features of the platform that are expected to generate ongoing revenue streams on a monthly basis.