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They have been saying that for a year! They should have invested in real estate instead of bought keto or Jasper. Or invested in fast food franchise. At least ther ewould be cash flow. Odds are they will go after another junk investment imo. Stop buying fad companies and industries that aren't lasting hahaha
Have no fear. Devon said on Facebook they are “investigating some opportunities and hopefully something will move soon” We’ll I feel better…
That's most likely the truth and which I feel strongly myself and have for a while. Yet it is still tempting but by September will this be at 0.001s when leonite can dilute again?
Now they are back to posting non company relevant tweets. What a joke.
Could be there's nothing to update. They can't raise funds without dilution so they won't be adding anything new. They can't get additional funding from elsewhere, would you give them any money? As far as buying more hoping for a pump, we haven't seen one since last year so that's very risky at this point.
No true update in months on actual entity status. Not even an update to shareholders about closure of keto and jasper other than including it in a 10Q. They should have released a PR or had shareholder meeting sfter 10Q release to address reason for closures and future of the company with its current t acquisition. They don't even keep shareholders updated timely so why even buy more shares?
What? They are regulars on Twitter giving out all kinds of advice. Z said this was a great company and investment right!
You’ll never know because the 2 morons refuse to update their shareholders
There is just nothing from the company right now. Begs the question if they have just given up ??? Or leonite won't give them money until the forbearance period is up and leonite can dilute again. Thus is management waiting for that to end before they can complete new acquisitions? If so, then the dilution will kill shareholder value even faster and the cycle continues. Have little faith this management can do anything.
True but in 3 months it could be in the 0.001s haha. We shall see if something happens before dilution is allowed again.
Yup agreed I’m a sports gambler always have been it just feels like a hedge at this point. Management is garbage no question but Rokin is not. So a few hundred more dollars to they figure something out doesn’t feel dumb
I know right? It is tempting and I am tempted each day. But $1M v $600? We all know who would win there without any further negotiations and re amendments.
I mean at this point 600-800 bucks for another 200K shares almost seems like screw it Rokin is still alive float is still low but the leonite upcoming bomb is scary
Well look there. A nice wedge is forming to head into the 0.003s. Let's see if it does. Unfortunate how bad the pps is. Reflection of management imo.
Still waiting for dumps into the 0.003s. Bound to happen imo. Management seems to be MIA. 2 subsidiaries were closed. Based on Q1 revenues, rokin is estimated to be around $1.5M in sales for the year (not much of an improvement), and leonite debt will kick in a few months. We all know if leonite dilutes below a penny that 0.001s and below will be here very quickly. $1M in debt below a penny will add an easy 1B+ shares at the end of the day and PPS would be close or below 0.001s.
Let's see if management can raise awareness and complete an acquisition before leonite forbearance is over. However have little faith they can accomplish anything. So far it appears they have done nothing.
Let us see the 0.003s soon! Bound to happen at the pace of this management imo
Well I do believe it has another pump. So i actually might take that risk. However, I also agree that if there is no last pump that leonite will destroy the pps when they can dilute again. About 3 months left. $1M in convertible at sub penny will completely destroy the pps and add billions to the OS at the end of the day. Management must build awareness. So far they are completely incompetent at it imo. They need to complete a better acquisition.
Don’t throw good money after bad. This is going no where and you know it.
Looksike no interest. I am tempting on buying an additional 100k as i think there is still a pump in this that could rise to above 0.01. But at the same still risky. We shall see. Management hasn't done a great job of building shareholder trust imo
They have talked about adding a new acquisition now for over a year. Instead they have discontinued 2 and still no update on new acquisitions. What a joke. They have little following from the market.
I’ve wondered the same thing about Rokin. Management must be able to do some in person talking like no other because from outside the room it’s a blatant clown show
Exactly! What on earth are they posting these days? It no longer seems ro be a legit company the way they post. No actual news on the company. Are they about to go under? Will rokin stick around or break from the contract and repurchase rhe 51% shares that LVGI owns? We shall see.
Time has already told..
You will always find a way to make money,recession or not, utilize the resources you have access to.
— Limitless Ventures Group, Inc. (@lvginc_) May 24, 2022
Is management actually doing anything to raise awareness?or they relying on their few tweets? If so then they are ignorant. Time will tell. They already wrote off ketosports and Jasper which shareholders will be paying leonite a lot of money for.
It'll probably be wasted. Waiting for someone to paint it back to 0.005 hahaha
Someone spent $128 to paint it up for the weekend.
Good times…
Patiently waiting and full expecting the bid to get walked back to 0.004s :) we shall see.
Oh it’s a Friday no way we go green on a Friday
What are the odds the bid gets wiped and we end up a loss on the day?? Haha
At least we have a 1M share bid hahaha. What is the likelihood it is fake and will be gone come Monday?? There is very little interest in this stock right now from the market. Shame management ruined the stock with 46M share dilution since last year.
It’s really hard to not cyber bully them on Twitter for their obscene post
What idiotic posts is management posting on Twitter? Are they actually doing anything to raise and bring in new shareholders?? Or they relying on tweets? If so, the market will continue to ingore them. What incompetent management imo.
I wouldn't even trust these guys to run a lemonade stand. My two cents.
If they continue to slack, the pps could be headed to 0.003s which would be a joke but probably closer to a true valuation given the 6M in liabilities they have and only $1.5M in projected revenues.
The chart is setting up to hit 0.003s. Let's see if that happens.
GOOD MORNING AND HELLO $LVGI
#LVGI: LOADING ZONE AHEAD.... 0.004
Is management actually doing anything to improve shareholder value? They mentioned they need to raise funds? If so, what happened to leonite? Maybe because leonite can't dilute right now leonite won't lend more money. If so, is management doing anything to raise funds elsewhere? We shall see. Otherwise will they just wait until the forbearance period is up for leonite? If so that will spell disaster for shareholders. Current management is a joke imo and always has been. They have destroyed shareholder value with that RS. Without the RS this would still be valued 600x greater.
Unless Q2 improves, the company is projected to have similar annual sales as last year. Not the growth anyone wants. Unfortunately I think LVGI shareholders are in trouble. There have been few positive items in recent months. Management has talked about new acquisitions but none have happened in over a year. Lots of talk and no results except massive convertible debts which will kick back in with Dilution in a few months. This management is a joke imo!
Rokin under performing was not expected the wheels just keep coming off
Financials are out. Only $381k in revenue. Obviously growth is struggling for them. They also incurred $545k in impairment related to ketosports and Jasper. No surprise there since both subsidiaries were not performing. Instead shareholders are paying for their terrible decisions as they will have to dilute to pay off leonite for the acquisition loans. FS worse than expected. This company value appears to be worth much less as they are going backwards. We shall see what the rest of the market thinks but so far, not worth it for me to invest any more here.
This thing hasn't been above a penny in 3 months. Only a little more than 3 months to go before leonite forbearance is up and the real dilution could kick in which could cause a drop to 0.001s. What a joke of a company management team. I don't know if they could even run a lemonade stand :D. All in jest of course. We shall see what the future holds but not looking great for existing shareholders.
I don't plan on buying anymore of this stock! Not until something here improves.
BREAKOUT TO SEVERAL PENNIES POTENTIAL HERE $LVGI
VERY NICE SS HERE $LVGI
I would say yes. I don't think it will happen yet though.
Which is the nail in our coffin correct?
I think if LVGI doesn't provide the guaranteed funding then Rokin may be allowed to purchase LVGI's stake back.
At one point does Rokin cease to be a subsidiary of LVGI? what has to happen for that to occur?
Sorry.. as they say 'don't kill the messenger'.
To be serious for a moment.. poor management is poor management is poor management. And these two are among the poorest IMO. If it weren't for dilution they would have had to find real jobs long ago. The most egregious aspect, again IMO, is they are likely wracking up more 'deferred salaries'.. while hanging out in their batman underoos, eating cheato's, wearing their goggles and lecturing shareholders about managing their money. If it makes you feel any better, meta has lost WAY more money than lvgi since lvgi decided to move in to the metaverse.
Sorry, I feel a need to laugh, but I'm going to stifle it. In the end, just can't help but shake my head and say 'you can't make this stuff up'. Without the twtr proof no one would believe this story.
FWIW - I did give you your first 'follow'.
And with the 'turn around specialist' at the helm.. who knows. "Mr. Francella is a seasoned turnaround specialist. Mr. Francella’s ability to turnaround a company typically takes anywhere from 6 to 24 months depending on the size of the organization and the complexity of the situations that need to be rectified."
Sorry.. I'm (hehe) REALLY TRYING TO (HAHAHAHHA) FIGHT IT! NOPE, IT'S TOO MUCH..
BWAHAHHAHHAH HAHAH HA AHA H AHAHHAHAH HHAHA hahha ha.. "Turn around specialist".. "ENTREPRENEUR"?!?!? These guys.. are truly brilliant comedians.
Those tweets make me physically ill. I obviously can not say on this forum what they make me want to do but they are reprehensible.
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Limitless Venture Group provides its shareholders with access to leading small and medium-sized businesses focused on growth. Leveraging its permanent capital base, disciplined long-term approach, and actionable expertise, LVGI owns controlling interests in its subsidiaries as it partners with management teams to build businesses with the capacity to unlock significant value for its shareholders.
For more information, please visit: www.lvginc.com.
The Company currently has three primary subsidiaries: Jasper Benefit Solutions, LLC, Rokin, Inc., and KetoSports, Inc.
About Rokin, Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology-driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of six hazardous materials commonly found in electronic products. www.rokinvapes.com
About KetoSports, Inc.
KetoSports products flush the body with ketones, raising blood ketone levels within a few minutes. Because the body and brain use ketones as its preferred energy source and are used first for energy demands, KetoSports products are essential for anyone who wants to prolong energy reserves for their athletic events or for those who just want to benefit from carb-free, stimulant-free mental energy and enhanced acuity.
Follow us on Social Media at:
https://www.facebook.com/lvginc https://twitter.com/lvginc
About Jasper Benefit Solutions, LLC
Jasper Benefit Solutions, LLC (JBS), founded in 2018 with headquarters just outside Nashville, TN, is a Managing General Underwriter (MGU) specializing in risk management services for small to medium self-funded employer 'Groups'. MGUs, unlike general agents within insurance industries, are certified to underwrite health and life benefits policies on behalf of their carrier-partners. Jasper's niche is the unique ability and authorization from a well-known, nationally recognized insurance carrier to underwrite Groups as small as five (5) employees as well as offering limited benefit insured products for groups with part-time employees not able to participate in their health plans. www.jasperbenefitsolutions.com
Jasper Benefit Solutions, LLC
Jasper Benefit Solutions, LLC(JBS), founded in 2018 with headquarters just outside Nashville, TN, is a Managing General Underwriter (MGU) specializing in risk management services for small to medium self-funded employer "Groups". MGUs, unlike general agents within insurance industries, are certified to underwrite health and life benefits policies on behalf of their carrier-partners. Jasper's niche is the unique ability and authorization from a well-known, nationally recognized insurance carrier to underwrite Groups as small as five (5) employees as well as offering limited benefit insured products for groups with part-time employees not able to participate in their health plans.
http://www.jasperbenefitsolutions.com
Rokin, Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology-driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of six hazardous materials commonly found in electronic products.
http://www.rokinvapes.com
KetoSports, Inc.
Keto Sports products flush the body with ketones, raising blood ketone levels within a few minutes. Because the body and brain use ketones as its preferred energy source and are used first for energy demands, Keto Sports products are essential for anyone who wants to prolong energy reserves for their athletic events or for those who just want to benefit from carb-free, stimulant-free mental energy and enhanced acuity.
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