Legacy Ventures Welcomes G Scott Paterson to the Advisory Committee
I wrote about Legacy Ventures (OTCPK:LGYV) a month ago. Since then the company has been active signing a distribution deal with Rabba Fine Foods to distribute "Boxed Water" in 30 stores in the Toronto area.
Today Legacy took a significant step in the financial markets with the announcement of the appointment of G. Scott Patterson to its Advisory Board.
Patterson is perhaps best known as the former Chairman and CEO of Yorkton Securities. During his tenure, was Canada's leading technology and entertainment-focused investment bank raising over $3 billion as lead underwriter. Mr. Paterson has also served as chairman of the Canadian Venture Stock Exchange and vice chairman of the Toronto Stock Exchange.
Patterson has gone on to lead numerous ventures in the media/technology space.
Bringing Patterson on signals that Legacy understands the intimate relationship between brand marketing and the entertainment/sports world. It also suggests that Legacy has beefed up its financing capacity. Patterson has the key contacts which can put Legacy in touch with the money it will need to push its brands into the marketplace.
Adding Patterson to the Legacy Advisory Committee brings important depth to the company.
The market has been taking notice of Legacy. In September 2015 the shares were trading at $.26, currently they trade at $1.63 having hit a yearly high of $2.01 on December 14.
Well worth putting on your Christmas list.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.