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Share Name | Share Symbol | Market | Type |
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Legible Inc | TG:D0T | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.0035 | 9.09% | 0.042 | 0.0365 | 0.047 | 0.00 | 22:50:01 |
Legible Inc. (CSE: READ) (OTCQB: LEBGF) (FSE: D0T) (“Legible” / “Company”) a global leader in digital reading and entertainment innovation, is pleased to announce a series of transformative product launches set for September 29th. The launch will consolidate the Company’s position as a leader in digital reading and publishing as Legible executes on its strategic plan to generate and scale monthly recurring revenue along with a-la-carte sales of eBooks and audiobooks.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230914394779/en/
Legible Unbound Membership Plan: At a competitive monthly fee of $12.99, Legible Unbound represents a strategic entry into the subscription-based digital content market.
The Legible Mobile App: Legible will also be launching the Company’s Mobile App designed to cater to reader needs and preferences and complement its new Unbound membership service.
"With the imminent launch of Legible Unbound and our new Mobile App, we have set a path to generate monthly recuring revenue, along with revenues from a-la-carte eBook and audiobook sales,” stated Kaleeg Hainsworth, CEO of Legible. “We look forward to attracting readers from around the world with never-before-seen features, including AI integrations, and easy access to high value content.”
About Legible Inc.
Legible is a book entertainment and media company with a mission: millions of books for billions of readers, globally. Legible provides innovative eReading experiences to anyone anywhere with an internet-enabled device. Legible has developed multiple high-value verticals: a browser-based, mobile-first B2C and B2B eBook entertainment platform delivering a global online bookstore, streaming about 2 million eBooks in a reading system for the emerging web with high-growth potential called Legible.com; and a global B2B eBook conversion and production service with high revenue potential called Legible Publishing. Legible is transforming the digital publishing industry and gaining market share through innovative 21st century publishing and global reading experiences. Legible embraces core values of accessibility, global literacy, and sustainability.
Please visit Legible.com and discover the place where eBooks come to life.
Forward Looking Statements: Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation, our ability to generate revenue or achieve profitability; our ability to obtain additional financing on acceptable terms, if at all; the potential issuance of a significant number of shares, which will dilute our equity holders; fluctuations in the results of our operations from period to period; general economic and financial conditions; our ability to anticipate changes in popular culture, media and movies, fashion and technology; competitive pressure from other distributors of content and within the retail market; our reliance on and relationships with third-party production and animation studios; our ability to market and advertise our products; our reliance on third-parties to promote our products; our ability to keep pace with technological advances; our ability to protect our intellectual property and those other risk factors set forth in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K and in the Company's subsequent filings with the Securities and Exchange Commission (the "SEC"). Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230914394779/en/
LEGIBLE MEDIA AND IR CONTACT: Deborah Harford EVP, Global Strategic Partnerships Email: invest@legible.com Website: https://invest.legible.com
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