Legacy Education Alliance Announces Impact Investing

Cape Coral, Fla., July 15, 2022 (GLOBE NEWSWIRE) — Via NewMediaWire – Legacy Education Alliance, Inc. (OTCQB: LEAI) released a presentation highlighting its focus on impact investing, including Proposed investment in Monarch Health Inc.

Barry Kostiner, Chairman and CEO of Legacy Education, said: “Legacy Education is seizing the opportunity to partner with leading professional athletes to offer its platform products and services to local communities to help them access life skills and educational guidance, products and services. offering services in their hometown. This exciting new model is still in development and is a departure from Robert Kiyosaki’s Rich Dad, Poor Dad brand and previously announced planned relationship with Chris Carter, which is no longer Being pursued. We intend to diversify Legacy Education’s platform through a variety of influencers, local leaders and professional athletes and expand Legacy’s national reach and active local community engagement. In addition to focusing on our affordable, accelerated completion Outside of the business of the degree, our goal is to provide resources to meet the different needs of each person’s life journey, including career guidance, financial literacy education, entrepreneurship, real estate and investment training.”

Andrew McDonald, Vice President of Legacy, commented, “America’s national addiction crisis is destroying communities and affecting families of all backgrounds. Unfortunately, recidivism rates for substance abuse detox programs often exceed 90%. While detox is a critical Important life-saving service, but it needs to be coupled with ongoing mentoring and educational services to reset the individual’s trajectory on an upward path. Legacy is investing in Monarch Health’s detox business and is working hard to leverage our The product and service platform goes beyond detox to achieve long-term stability and success.

Monarch Health has assembled a world-class operations and medical management team with industry-leading expertise in substance abuse and addiction treatment. Their business plan leverages underutilized hospital beds to provide substance abuse detox services for Medicare, Medicaid, and Veterans patients. Partnering with hospitals to “Airbnb” their unused beds allows access to the hospital’s infrastructure while avoiding the huge costs and responsibilities of managing facilities and billing, offering the opportunity to make a decent profit at a low price. Legacy believes this business strategy has explosive potential, and the detox industry has struggled to meet the needs of minorities and underserved communities, especially those of Medicare, Medicaid and veterans patients. Monarch Health has existing relationships with a vast network of underutilized regional and critical access hospitals across the country. Legacy Education’s investment in Monarch is subject to the negotiation and execution of final documents, closing conditions and board approval of both companies.

Barry Kostiner added: “I am delighted that Andrew is joining Legacy. He is an exceptional and inspiring entrepreneur who shares our vision to transform traditional education. In addition to traditional degrees, we are actively involved in rebuilding education to invest in real estate and training-focused live events.

The current number of online students in the US is approaching 3M and growing rapidly – if we assume we can achieve 5% market penetration, we could be in excess of $1B/year in revenue while still being one of the lowest cost paths to an accredited degree , with an estimated 40% net profit margin, which we believe far exceeds all EdTech unicorns.

We believe that building businesses with a clear path can not only provide valuable services that have a positive impact on society, but also improve profitability. The EdTech world is led by companies that we believe do not meet these standards. We are committed to creating value for our students, investors, employees and communities. “

Additional Information:

1. Legacy Education Demo: Introduction to Impact Investing Focus: Transforming Education Technology Platforms to Serve Vulnerable Communities, From Degree Completion to Social Housing and Substance Abuse Recovery Solutions

https://ir.legacyeducationalliance.com/presentations

2. LinkedIn posts: https://www.linkedin.com/in/barry-kostiner/recent-activity/shares/

Investor Relations Contact:
Barry Costina
(239) 542-0643
info@legacyea.com
Company website: www.legacyeducationalliance.com
Education website: www.legacyeducation.com

About Legacy Education Alliance Inc.

Legacy Education Alliance, Inc. (OTCQB: LEAI) offers online degree completion programs and practical, high-quality, and value-based educational training in personal finance, entrepreneurship, investing, and real estate investing strategies and techniques. Legacy Education has transitioned to focus on impact investing and providing educational and career resources to underserved communities, as well as serving its established client base.

forward-looking statements

Certain statements in this press release may involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be different from any future results, performance or performance expressed or implied by such forward-looking statements. There are significant differences in achievement. In some cases, you can identify forward-looking by terms such as “may,” “will,” “should,” “anticipate,” “plan,” “anticipate,” “may,” “intend,” “target,” etc. statement. “project,” “consider,” “believe,” “estimate,” “predict,” “potential,” “will,” or “continue” or the negative of these terms or other similar expressions. All statements other than the following are forward-looking statements. Any forward-looking statements are based on current expectations that involve numerous risks and uncertainties. Our plans and goals are based in part on the introduction and launch of new brands, products and services, expansion into new geographies markets and with third parties; our ability to meet Nasdaq listing requirements and otherwise list on Nasdaq; the successful acquisition and operation of complementary new business lines; the success of joint ventures and other collaborations with third parties and success, including participating in and increasing the proposed investment in Monarch Health Inc. on terms and conditions satisfactory to our company; our success in raising capital for operations and implementing our business plans, strategies and initiatives; development of e-commerce capabilities; international growth forecasts; projected profitability; our ability to address or manage corruption in some of the locations where we operate; our ability to address and manage cybersecurity risks; our ability to protect the intellectual property on which our business depends; the ability of credit card processor relationships; our expectations about the impact of general economic conditions on our business; and the impact of the COVID-19 pandemic on the global and national economies and our business operations and financial performance. Assumptions we use for forward-looking statements Represents estimates of future events and is subject to uncertainty from possible changes in economic, legislative, industry and other circumstances, including the development, acceptance and sale of our products and our ability to raise sufficient additional funds to implement our strategy. Such forward-looking statements involve assumptions, known and unknown risks, uncertainties and other important factors that could cause actual results, performance or our achievements or industry results to differ materially from historical results, any future results or performance or achievements such as Forward-looking statements are expressed or implied. There are a number of risks and uncertainties that could cause our actual results to differ materially from the forward-looking statements contained in this press release. Set forth in certain of our filings with the Securities and Exchange Commission important factors that could cause our actual results to differ materially from those expressed in the forward-looking statements. Except as required by applicable law, we do not intend to publicly update or revise any forward-looking statements contained in this press release, whether as a result of any new information, future events, changes in circumstances or other reasons.

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