OTC Bulletin Board S & P Company Insight for LEGACY WINE & SPIRIT
Profile
	Business Summary: Legacy Wine & Spirits International Ltd. engages in the import, wholesale, and retail distribution of bottled wines in China. It holds a license to import, bottle, blend, manufacture, and distribute wines and spirits. It opened a wine and spirits retail store in Tianjin, China in December 2008.   Address   1802 Goya Street   Jonquiere , Quebec G7Z 1C3   Phone: 514-688-3289   Website: http://www.legacywineandspirits.com Auditor   L.L. Bradford & Company, LLC   Las Vegas Transfer Agent   Manhattan Transfer Registrar Co. Employees:  8 ShareHolders:  2000 Founded:  1999 Domicile:  Nevada
Background
	Legacy Wine & Spirits International Ltd., in the development stage as of Dec. 31, 2009, engages in the import, wholesale, and retail distribution of bottled wines in China. It holds a license to import, bottle, blend, manufacture, and distribute wines and spirits. Legacy opened its initial corporately owned wine and spirits retail store in Tianjin, China in December 2008. The company was formerly known as Legacy Mining Ltd. and changed its name to Legacy Wine & Spirits International Ltd. in 2008. Legacy Wine & Spirits International Ltd. was founded in 1999 and is based in Jonquiere, Quebec, Canada. History:  INCORPORATED in Nevada Feb. 19, 1999, as Power Direct Tech.com; name changed to PDTech.com Feb. 23, 1999, to CardStakes.com June 8, 1999, to Legacy Mining Ltd. Jan. 13, 2004, and to Legacy Wine & Spirits International Ltd. Apr. 8, 2008.   Subsidiaries: Tianjin Legacy Wine Trading Co. Ltd.
Management
	Management Officers Position  Christopher  Scheive President & Chief Executive Officer  Jaclyn  Cruz Secretary, Treasurer & Chief Financial Officer Directors  Jaclyn  Cruz  Christopher  Scheive
Annual Report
	Annual Report   Income Statement   2009 2008 REVENUES Wine Sales 45,453 2,055 EXPENSES Cost of Goods Sold (27,363) (674) Wages and Salaries (28,266) (24,898) Property Tax - (1,962) Wine Promotions (498) (2,735) Advertising (509) (248) Store Supplies (1,864) (1,537) Professional Fees (73,112) (70,609) Office and General (84,959) (59,531) Consulting (243,948) (298,148) Travel and Accommodation (14,009) (28,494) Depreciation and Amortization (76,688) (7,021) Interest on Settlement of Due to Related Parties - (149,337) Property Option Loss - (15,500) Investor Relations (62,500) (10,000) Earnings before Taxes (568,263) (668,639) TAXES AND OTHER EXPENSES Net Income (Loss) (568,263) (668,639) SUPPLEMENTARY INFO Gross Profit/loss 18,090.00 1,381.00 Basic EPS - Continuing Operations (0.03) (0.03)   Balance Sheet   2009 2008 CURRENT ASSETS Cash 6,743 13,432 Inventory-at Cost 39,863 66,082 Prepaid Expenses 10,871 11,494 Total Current Assets 57,477 91,008 NON CURRENT ASSETS Furniture and Fixtures 990 1,415 Leasehold Improvements 110,863 118,786 Other Intangible Assets 951,065 1,019,405 Deposits on Leasehold Improvements 85,000 85,000 Total Assets 1,205,395 1,315,614 CURRENT LIABILITIES Accounts Payable and Accrued 55,890 35,923 Due to Golden Spirit Enterprises LTD 72,691 31,331 Due to Organa Gardens International Inc 131,372 116,631 Due to Related Parties 9,149 20,003 Total Current Liabilities 269,102 203,888 SHAREHOLDERS' EQUITY Common Stock - Par Value 2,275 2,060 Additional Paid in Capital 4,485,039 3,972,424 Deficit Accumulated during the Development Stage (3,451,021) (2,882,758) Common Stock to Be Issued - 20,000 Deferred Compensation (100,000) - Total Shareholders Equity 936,293 1,111,726 Total Liabilities & Shareholders Equity 1,205,395 1,315,614
Interim Report
	Interim Report      Data Not Available
Pro Forma Report
	Pro Forma Report      Data Not Available
Quarterly Report
	Quarterly Report Information      Quarterly Revenue, US$ Year Quarter Revenue   2009   1 10,000   2009   2 10,000   2009   3 10,000   2009   4 20,000   2009   Full Year 50,000   2008   1 Nil   2008   2 Nil   2008   3 Nil   2008   4 Nil   2008   Full Year Nil     Quarterly Net Income, US$ Year Quarter Revenue   2009   1 Nil   2009   2 Nil   2009   3 Nil   2009   4 Nil   2009   Full Year (570,000)   2008   1 (70,000)   2008   2 (230,000)   2008   3 (140,000)   2008   4 (230,000)   2008   Full Year (670,000)   2007   Full Year (100,000)   2006   Full Year (80,000)   2005   Full Year (50,000)   2004   Full Year (50,000)     Quarterly EPS, US$ Year Quarter Revenue   2009   1 (.01)   2009   2 Nil   2009   3 (.01)   2009   4 (.01)   2009   Full Year (.03)   2008   1 Nil   2008   2 Nil   2008   3 (.01)   2008   4 (.01)   2008   Full Year (.03)   2007   1 Nil   2007   2 Nil   2007   3 Nil   2007   4 Nil   2007   Full Year (.01)   2006   1 Nil   2006   2 Nil   2006   3 Nil   2006   4 Nil   2006   Full Year Nil   2005   1 Nil   2005   2 Nil   2005   3 Nil   2005   4 Nil   2005   Full Year Nil   2004   Full Year Nil
Stock Data
	Capitalization as of 12/31/2009:     Authorized Shares Outstanding Shares Common $0.0001 par 100,000,000 22,744,085   LONG TERM DEBT: None.   Common $0.0001 par   COMMON OFFERED: August 31, 2007, the company completed its offering of up to 1,000,000 Common shares at $0.05 per share. The offering, which was not underwritten, was fully subscribed for proceeds to the company of $50,000, and the shares were issued to investors on Sept. 4, 2007.   Stockholders:  12/31/2009, 2000. Transfer Agent:  Manhattan Transfer Registrar Co.   Miller Place , NY   OTC Bulletin Board( Primary): LWSP   Exchange Year High Low OTC Bulletin Board 2009 0.8500 0.0500 OTC Bulletin Board 2008 1.1000 0.2700 OTC Bulletin Board 2007 0.8000 0.1500   DIVIDENDS: Common $0.0001 par: No cash. Common reverse split 1-for-2, Feb. 2, 2004.