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KLGG Klegg Electronics Inc (CE)

0.0001
0.00 (0.00%)
25 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Klegg Electronics Inc (CE) USOTC:KLGG OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0001 0.00 01:00:00

Klegg Electronics, Inc.'s Wholly-Owned Subsidiary Begins Servicing the Phoenix Foreclosure Market

13/03/2009 12:45pm

PR Newswire (US)


Klegg Electronics (CE) (USOTC:KLGG)
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LAS VEGAS, March 13 /PRNewswire-FirstCall/ -- Klegg Electronics, Inc. (Pink Sheets: KLGG) is pleased to announce that its wholly-owned subsidiary, Pristine Preservation Group, has further expanded its operations into the Southwestern United States. The company has been receiving Initial Secure, Property Occupancy Check, and Full Trash OutJanitorial Service work orders from realtors and banks in the state of Arizona. The company has recently hired several subcontractors to maintain properties throughout Maricopa County, Arizona, which includes cities such as Phoenix, Glendale, Scottsdale and Tempe. Pristine Preservation Group is a full-service property preservation company, based in Nevada, serving the region's property management companies as well as the mortgage, banking and real estate industries. Pristine Preservation Group seeks out banking and mortgage companies as well as vendor management companies that are hired by banks to maintain foreclosed properties. Pristine Preservation Group specializes in a wide range of preservation services including damage estimates, lock changes, board-ups and winterizations. The company also performs extensive maintenance and repairs to the interior and exterior of the homes. Those repairs include installing new drywall, floors, light fixtures, plumbing, hardware replacements, appliance installation, cabinet and vanity replacement, and upgrades, as well as new and restorative roof repairs, hazardous waste removal and yard work. "We are moving forward with plans to expand our operations throughout the U.S. in order to capitalize on the absence of preservation and maintenance services for bank owned real estate. We have had an overwhelming response from multiple banks and mortgage companies and look forward to increasing our presence in those States," stated Dennis Gentles, CEO of Klegg Electronics, Inc. About Klegg Electronics, Inc.: Klegg Electronics, Inc. is a property preservation company, which provides maintenance and preservation services to foreclosed homes, serving the mortgage banking and real estate industries. Klegg Electronics' proprietary tracking software and hardware is used to improve the Company's overall property preservation workflow and communications. Safe Harbor Statement: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect. DATASOURCE: Klegg Electronics, Inc. CONTACT: Investor Relations of Klegg Electronics, Inc., 1-866-THE-APPL(E) Web Site: http://www.klegg.com/

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