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The Mint Leasing goes public through reverse merger
Houston Business Journal
The Mint Leasing Inc. has completed its merger with Legacy Communications Corp. and emerged as a public company.
The new company will be called The Mint Leasing Inc. and as a result of a reverse stock split, will trade on the over-the-counter bulletin board under the symbol “MLES.”
With 25 employees, Houston-based The Mint Leasing leases automobiles and fleet vehicles throughout the U.S. Most of its customers are located in Texas and six other states in the southeastern U.S.
St. George, Utah-based Legacy Communications (OTC: LGCC) is a holding company that has historically acquired radio station licenses and permits for development, operation and sale.
The Mint Leasing's customers are mainly made up of automobile dealers that seek to provide leasing options to their customers. The Mint Leasing is responsible for underwriting criteria and procedures, administration of the leases, and collection of payments from lessees."
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