Leading Brands Revamps its Business and Sees a Future in the Media and Gaming Sectors
NEW YORK, NY / ACCESSWIRE / July 9, 2018 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report on Leading Brands, Inc. (LBIX), a vertically integrated global studio producing content for all platforms including film, TV, gaming, and VR through its network of shared services.
On January 15, 2018, the Company announced that Liquid had successfully acquired 51% of Majesco, a proven gaming publisher. In order to advance Majesco's development of its gaming business in the growing Asian market. The Company agreed to advance funds to Majesco so that Majesco can retain WPIC to assist Majesco to develop its intellectual properties and gaming content in the People's Republic of China.
Get the details of the Majesco investment and how it will impact LBIX READ MORE
Copy and paste to your browser may be required to view the report - https://tradersnewssource.com/leading-brands/
LBIX has exited the beverage co-pack and distribution business. In the fiscal year ended February 28, 2017, the Company sold its 50,000-square foot bottling plant in Edmonton, Alberta. As part of the sale of its legacy beverage assets, on September 15, 2017, the Company disposed of its subsidiaries. The transaction was reviewed and approved by the disinterested directors of the Company.
Read about the LBIX media and gaming business READ MORE
Copy and paste to your browser may be required to view the report - https://tradersnewssource.com/leading-brands/
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither TNS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://www.tradersnewssource.com.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
CONTACT: editor@tradersnewssource.com
SOURCE: Traders News Source
