[SWEBF strategic alliance partner] LGCY terminates with BTI, announces alternate funding.
Legacy Software Announces Two Private Placements, Warrant Conversion, LLC Financing and Termination of Merger Talks with BTI Medical
"...Legacy Software (Nasdaq:LGCY - news)...today announced two private placements, the conversion of Warrants held by EBC Trust Company (''EBC''), partial funding of the Emergency Room Deluxe LLC by J.B. Oxford, and simultaneously, the termination of merger talks with BTI Medical...Legacy Software previously announced on March 26 the formation of two Limited Liability Companies (LLC), for the purpose of developing and marketing new titles in Legacy's best-selling RealPlay(tm) series, Emergency Room Deluxe and D.A. Pursuit of Justice, Cases 4-6. J.B. Oxford, a Beverly Hills based brokerage firm, has agreed to invest $75,000 in the Emergency Room Deluxe LLC. Legacy is currently in discussions with other companies, including distribution partners, concerning their participation in the LLCs..."
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