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“9:31a ET 10/3/2022 - Benzinga
JX Luxventure Limited Signs Pet Food Agreement with A Leading Distributor In China For $20M Annual Sales Amount
HAIKOU, China, Oct. 3, 2022 /PRNewswire/ -- JX Luxventure Limited (NASDAQ:LLL) (the "Company"), a company delivering comprehensive products solutions to global high-net-worth families serviced by our business customers with business segments covering tourism, duty-free cross-border merchandise, eCommerce and B2B SAAS solutions, and menswear, announced today that on October 3, 2022, Flower Crown (China) Holding Group Co., Ltd. ("JXFC"), a wholly owned subsidiary of the Company, entered into and executed a Strategic Cooperation Framework Agreement (the "Agreement") with Hainan Hang Seng Zhongli Commercial Holding Co., Ltd. ("HS Zhongli"), a leading distributor of pet products in China, for the sale, marketing and distribution of JXFC's pet food products by HS Zhongli. The Agreement provides that the target annual sales amount of JXFC's pet food products is $20,000,000 and if HS Zhongli achieves this targeted annual sales amount, the Agreement will be automatically renewed for an additional year.
Ms. Sun "Ice" Lei, Chief Executive Officer of the Company commented: "The signing of this Agreement is significant for us as we enter into the 4th quarter of 2022 in a rapidly evolving macro environment. Following the execution of this Agreement, we have signed over US$160,000,000 contracts since March of 2022, which enables us to achieve strong revenue growth as a result of our business transformation. Pet food products continue to be in recession-resistant demand and this validates the management's decision to expand into the cross-border pet-food sector, as it provides robust growth and a healthy profit margin. This is the second year of the three-year turn-around strategy, and we are very pleased with the execution thus far. Our non-menswear business is on course to achieve profitability on an adjusted basis in 2022. Looking forward, we are confident we will deliver a brighter and more profitable 2023 result for our shareholders."
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.”
Aktivasion time !!!! Bonzaiii lets see, chart redy here.
4 mil float with a decent short still on it… hmmmm
The CEO is a rare beauty! Wow breathtaking!!!
https://en.jxluxventure.com/index.php?c=category&id=1
What do you expect from a chinese company?? All lies lol
This is so undervalued it’s ridiculous! 130M in contracts, 13M in cash and only 1.65M in dept!
There will be a run over 5$ guaranteed it’s just a question of when!
They are just bunch of pumpers and dumpers and yes lots of lies imo??
No long term investing in China with Congress cracking down on Chinese stocks
BREAKOUT ? ? HERE VE GO NOW
VOLTILITY HALT NOW
All in my opinion ....
Its coming....I know it...getting weak hands out so they can chase later
red / green intraday move coming up?
Hoo-Lee-SHEETS, Bill!!! That's it behind LLL today???!!! WHERE have all those (former) LLL Cheerleaders gone, Dude??????? And what-the-FUCK, LLL's SP is nonetheless way UP today, ain't it????????
Yesterday's dive at noon -- I couldn't tell if that was a short attack, or a company selling shares. But this morning it's showing the company is selling shares.
Check out merger about to happen at PCMC bro
LLL:Just one news out of 2 showed but twas a nice pop from $2
Play the chart never the pump
Nice shorting from over $6 too
im talking in respose to someones BDCO stock pump. thats the one w the debt in default. NOT LLL
Well, that makes a lot of sense with the afternoon trading (50 mil in debt).
Thank you for the info.
the part u left out is they have like 50 mill in debt in default
keep it on the bdco board not LLL a big winner
:)SMART MONEY BULL RUNNER:)
I have a pet and I must say pet food is very crucial. I did not even know this company sell food for pet until I read bullish PR. No matter what pets needs the food and china stock are hot baby let’s blast off to moon
SAY something here, Peeps!! BRAG about the big BUCKS you're making today!!! PLEASE!!! LOOK ALIVE here, Dudes!! INFORM me of something!!!
LLL: Yet another company --- just like NILE, & its subsidiaries/partners, YESTERDAY --- with 'epic' news that one of its OWN companies has executed a contract with THEMSELVES!!! HA-HA-HA!!! As if such were a MONSTER MERGER with some INDEPENDENT entity!!! And all behind DOG FOOD, of all 'trending' stuff (HA!!), in CHINA!!! Are you frickin' KIDDING me???!!!! THIS is the latest PR SCAM of companies in the OTC, NASDAQ, or wherever!!
$LLL: Its funny, $BDCO is 2Milly float with $300Milly revs
Yet there it is sitting at under a $1 still.
And here is this chinese ticker today that announces a $60Milly deal annd it jumps to $6.
You see why $BDCO should easily be over $6/sh by now.
Crazy how this market behaves.
GO $LLL
$LLL: HUGE RUNNNER !!!!!!! MASSIVE NEWS.... now $4.57
JX Luxventure Signs Blockbuster USD60,000,000 (5X 2020 Revenue) Sales Agreement
March 22 2022 - 09:36AM
PR Newswire (US)
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HAIKOU, China, March 22, 2022 /PRNewswire/ -- JX Luxventure Limited (Nasdaq: LLL) (the "Company"), a service provider delivering comprehensive solutions to global elite families with business segments covering menswear, cross-border merchandise, airfare and tourism, announced today that, on March 21, 2022, Jin Xuan Luxury Tourism (Hainan) Digital Technology Co., Ltd. ("JX Hainan"), a subsidiary of the Company, entered into and executed a Framework Agreement on Strategic Cooperation (the "Agreement") with Chongqing E-Pet Technology Co., Ltd. ("Chongqing E-Pet"), one of the major operators of online cross-border pet food shopping platform in China. Pursuant to the Agreement, Chongqing E-Pet will purchase from JX Hainan cross-border pet foods in the amount up to USD60,000,000 to be distributed on the platforms operated by Chongqing E-Pet.
Ms. Sun "Ice" Lei, Chief Executive Officer of the Company commented: "This cooperation shows the ever-growing demand for the cross-border pet foods in China and opens a new category of cross border goods for JX Luxventure. After a stellar year of revenue growth of 2021, this agreement puts JX Luxventure on pace to have another one for 2022."
About JX Luxventure Limited
Headquartered in Haikou, China, JX Luxventure Limited is a service provider delivering comprehensive solutions to global elite families. Its business segments cover menswear, cross-border merchandise, airfare and tourism. To learn more about the Company, please visit its corporate website at en.jxluxventure.com.
Safe Harbor Statement
This press release may contain certain "forward-looking statements" relating to the business of JX Luxventure Limited, and its subsidiary companies. All statements, other than statements of historical fact included herein, are "forward-looking statements" in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
Cision View original content:https://www.prnewswire.com/news-releases/jx-luxventure-signs-blockbuster-usd60-000-000-5x-2020-revenue-sales-agreement-301507330.html
GO $LLL
You morons didn't know this was the former $KBSF? Hahaha people are stupid.
PR signals that LLL will be delisted by Nasdaq soon:
“Today, we are honored to be a foreign company listed on the NASDAQ stock market, and hope that in the future, NASDAQ stock market will be proud to have JX Luxventure as part of its listing companies."”
https://www.prnewswire.com/news-releases/jx-luxventure-limited-announces-reorganization-and-removal-of-variable-interest-entity-structure-301447125.html
Stock fell off the table with the market so it is not a negative beta stock as the market previously believed
Good numbers, cash decreasing each year but still a lot of cash, this is a negative beta stock
https://www.otcmarkets.com/filing/html?id=14961422&guid=o6ywkeoFaVw-B3h
LLL SECURITY DETAILS
Share Structure
Market Cap Market Cap
11,589,396
11/26/2021
Authorized Shares
Not Available
Outstanding Shares
3,408,646
12/31/2020
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
Not Available
Float
Not Available
Par Value
Not Available
FORM TYPE RECEIVED PERIOD END DATE
6-K 11/01/2021 11/01/2021
SC 13D 10/21/2021
6-K 10/13/2021 10/13/2021
6-K 10/07/2021 10/06/2021
6-K 09/27/2021 09/27/2021
6-K 09/16/2021 09/16/2021
6-K 09/07/2021 09/07/2021
6-K 09/03/2021 09/03/2021
6-K 06/22/2021 06/22/2021
6-K 05/21/2021 05/21/2021
20-F 05/17/2021 12/31/2020
NT 20-F 04/30/2021 12/31/2020
6-K 04/12/2021 04/12/2021
6-K 04/05/2021 04/05/2021
6-K 03/29/2021 03/26/2021
6-K 03/15/2021 03/15/2021
6-K 02/26/2021 02/26/2021
6-K 02/11/2021 02/11/2021
This stock is not L-3 communications
News: $LLL L3 Announces First Quarter 2019 Results
Book-to-bill ratio of 1.25x on funded orders of $3.4 billion Sales increased 14% to $2.7 billion Diluted earnings per share (EPS) from continuing operations of $2.71 Adjusted diluted EPS from continuing operations (1) of $2.89 Cash from continuing operations o...
Read the whole news https://marketwirenews.com/news-releases/l3-announces-first-quarter-2019-results-8090064.html
News: $LLL L3 Technologies to Broadcast Fourth Quarter Conference Call Over the Internet
L3 Technologies (NYSE:LLL) announced today that it intends to release its 2018 fourth quarter results on Tuesday, January 29, before the open of the market. In conjunction with this announcement, L3 will host a conference call on the same day at 2:00 p.m. ET that will be simultaneously broad...
Find out more https://marketwirenews.com/news-releases/l3-technologies-to-broadcast-fourth-quarter-conference-call-over-the-internet-6924846.html
News: $LLL L3 Technologies Awarded U.S. Special Operations Command Contract for EOTech Optics
L3 Technologies (NYSE:LLL) announced today that it has been awarded a $26.3 million contract from the U.S. Special Operations Command (USSOCOM) to provide close-quarters sights and clip-on magnifiers from its EOTech brand for the Miniature Aiming System-Day Optics suite. The award marks the ...
In case you are interested https://marketwirenews.com/news-releases/l3-technologies-awarded-u-s-special-operations-command-contract-for-eotech-optics-6924840.html
Harris to merge with L3 in all stock deal, creating defense contracting giant with $34 billion market value
Harris Corporation and L3 Technologies agreed to an all stock merger of equals, creating the United States' sixth largest defense contractor with annual sales around $16 billion.
The deal creates a military communications and defense electronics conglomerate with a market value of about $34 billion.
Published 7 Hours Ago
Reuters
Congress has passed the National Defense Authorization Act for 2018, representing an 18 percent increase in defense spending.
Michael Colley/EyeEm | Getty Images
Congress has passed the National Defense Authorization Act for 2018, representing an 18 percent increase in defense spending.
Harris Corporation and L3 Technologies agreed to an all stock merger of equals, creating the United States' sixth largest defense contractor with annual sales around $16 billion, the companies announced on Sunday.
The deal is the latest example of how increased defense spending under U.S. President Donald Trump and the Republican-led Congress is driving contractors to pursue mergers so they have more scale to bid on bigger projects, spanning everything from upgrading outdated computer systems to space exploration.
The all-stock deal values L3 at $15.7 billion, slightly above its market capitalization as of the end of trading Friday of $15.3 billion. The deal creates a military communications and defense electronics conglomerate with a market value of about $34 billion.
The merger follows a rash of deals over the past 18 months among defense contractors. Last year, United Technologies Corp acquired Rockwell Collins for $30 billion, and in March, TransDigm Group continued its acquisition spree with a $525 million deal for Extant Components Group.
An increased U.S. defense budget and a two-year budget deal reached earlier this year that lifted caps on defense spending have also encouraged buyers.
The combined company, L3 Harris Technologies, Inc., will be the sixth largest defense company in the United States and a top 10 defense company globally, with approximately 48,000 employees and customers in over 100 countries, the companies said.
The combined company is expected to generate net revenue of approximately $16 billion, EBITDA of $2.4 billion and free cash flow of $1.9 billion, the companies said.
Good luck and GOD bless,
George
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