Legible and Red Cloud act at arm’s length, but Red Cloud may provide investment banking services to Legible and/or its clients may have an interest, directly or indirectly, in securities of Legible.
The agreement is principally for the purposes of maintaining market stability and liquidity for Legible’s common shares and is not a formal market making agreement.
Founded by a team of authors, digital eBook publishers, designers, and book publishing industry insiders, Legible’s strategy is to offer readers around the globe open access to millions of books on any internet-connected device.
Forward-looking statements and information are based on plans, expectations and estimates of management at the date the information is provided and are subject to certain factors and assumptions, including, among others, that Legible’s financial condition and development plans do not change as a result of unforeseen events, and Legible’s ability to execute on its business plans.
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