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LOW-FLOAT->>>-COULD EASILY RUN TO 15 -20 CENTS ETC-<<<-https://www.otcmarkets.com/stock/LVGI/security
I thought it sounded promising for once but no deals finalized so there is no interest.
Couldn’t be that good otherwise the Village Idiot would be here TELLING US HOW GREAT THIS IS.
Without major interest, this could drop back to 6s today.
Some positive news today but zero market interest.
After reviewing FS, the subsidiaries posted net loss of about $550k. Thus LVGI itself posted about a $1.3M loss. This comes from deferred salaries and interest expense.
Possibly. Highly doubt it though. Not until better news and operations are released. Any pump will most likely fizzle out around 0.02 (best case). I would love to see 0.05+ but do not expect it to get there any time soon.
Visited by #1 today and he's posting lvgi on the breakout board. Get ready for the pump perhaps.
THAT'S AMAZING- GO $LVGI
Oh he’s on the inside/part of a group that tries to cause artificial runs. I don’t think he’s predicting anything correctly ever.
They posted they are starting projects in metaverse? Let's see what happens there. No PR though. Most likely more smoke and after 3 months it will probably be something new. Who knows. The market has no confidence in this current management's team.
What's the probability we close red in low 6s? I give 90% chance we close in low 6s or high 5s.
You give him too much credit. It's more like the corrupt @$$ knows when news will come out
I mean has dude ever posted and the stock price not gone up on the day he’s posted?!?!? It’s almost as blatant as the dilution
Basic math is hard I guess!
Right. Most of it comes from large deferred salaries and interest expense. Only insiders and debt holders will gain as the company is more profitable. The shareholder has lost so far in this game. Shareholders have lost 80% value since the RS. Unfortunate truth. I don't see the metaverse going anywhere. Too much money needed. In addition, the hemp farm is most likely not going anywhere either. If it is, will probably add another $1M in convertible debt. They need cash but only 1 subsidiary is actually being operational. Too bad they can't sell off Jasper and Keto for the amount they spent.
AND YET THEY STILL LOST OVER A MILLION AND A HALF. WEEEEEEEEEEEEEEE
LVGI loss is $1.8M exceeding total revenues for the same period. Revenues only $1.5M. Increase in loss of 80%. Increase in liabilities by 50%. Increase in assets less than 10%. How is this company going to stay afloat with low cash flow. Going concern issue. Keto and Jasper are failures so far. Only rokin can make this survive imo. Even then, rokin sales are not sufficient to cover the liabilities.
HOLY MOLEY LVGI HAS POSTED TRIPLE ANNUAL REVENUES OF LAST YEAR !!!!
FS are out so the company finally released on time. Loss of $1.8M. Most due to the large deferred salaries and interest expense. Debt is now 2.7M. Good luck with this investment. LVGI needs a cash cow. Unfortunately the business seems to be drowning financially. Keto hasn't even posted recently? Are they pretty much done? Fizzled out? $250k wasted? Who knows. Management admitted Jasper is still very early starter phase. So the reliance is on Rokin. Maybe rokin will sky rocket in sales otherwise, how will they pay off this debt? They clearly are unable to raise funds from Reg A.
Well due to the need for large funding, metaverse is most likely not going to result in any news soon. There is no money to fund this imo.
Whatever happened to the Metaverse company? Not a peep about them now and we are onto the next big thing a pot farm. As for the financials, I'm not in a rush to see them. We know the company isn't doing great.
The FS are due today. Within 90 days of year end. I'm fully expecting another 15 day extension. I wonder when on a consistent basis they will meet the deadlines? Maybe they will after hours today? But why not release FS at 9 and release PR? With consistent FS extensions, they are in my opinion not ready to be managing public entities or any entity. They have had more than a year to align FS. This is also partly why they will have a hard time retaining shareholder interest. Investors like strong officers. LVGI officers do not provide confidence imo. And over the past year have not improved in that area. Such a disappointment.
So they have 2 days to release FS. Odds of an extension filing is probably quite high. I fully expect an extension. The have 90 days to finally and still don't seem to have it together. Thats my two cents.
Months ago they said due to China supply chain issues. It is odd after a year they have owed down. I don't think it is panning out. I highly doubt keto will experience a rebound. Who knows though.
How did covid kill an online company like keto?
Depends how long you consider long I guess. Anyways, looks like ketosports stopped posting on their IG handle. Last post was March 6th. They generally post about twice a week. Possibly they're no longer viable?
I haven’t viewed this as a flipper since Rokin showed and followed through on its potential I have no problem holding. Just very hard to trust management at this point.
If the dilution stays at 0.01, not very as the flipping potential is there. But you would need to wait for volume to flip so you could be holding on for short or longer period of time. Rokin for sure has potential especially with this new deal.
On a scale of 1-10 how insane am I for still wanting to squire shares below .006-.008 because of Rokins potential?
They don't have consistent cash flow at the moment. And this new deal will take up so much debt if it is finalized. I bet the deal is about 3-4 months away if at all. Even metaverse I won't be surprised doesn't work out. They even admitted keto and jasper are flop investments by stating keto got hit by covid and Jasper is still an early adage entity, but they spent so much money and debt on both.
They are completely incompetent! They had Reg A shares approval and set the price at .05 then do a massive RS. They then begin diluting heavily without anything to support the share price. Do a toxic debt deal and now have straight screwed us as well as their ability to secure a reasonable means to generate cash even at .02. What complete dumb@!@$##@%$
There is just very little in active interest here. Unfortunately the conversions and lack of follow through on deals has hurt interest. Very hard now to return to 0.01 and above.
Not that I recall. I would expect though more convertible leonite debt. Only way imo
Did they say where they are getting the funding to acquire whatever this new deal is?
Listened to the podcast. The new deal they are working on sounds like a grow facility. However I got no vibes that they are very close at completion. I give it 1% chance of success. But that's my two cents only. They only positivity so far is the possibility of rokin making 4M in revenue from this new distribution deal. 2022 revenues could be close to 5M which would be huge. I believe that is to optimistic. I would put rokin sales between 2-3M for 2022. But that is my estimate. Unfortunately there wasn't much confirmation from the duo. It will probably take 2 years for the price to come back above 0.05. At least sustainable. A pps of below 0.01 sounds more like the market fair value. I guess we shall see. I belive 0.24 pps is history until revenues are above 20M and the OS remains below 100M. I know a company that has a lower float, 6M in revenue and 700k in net profit and trading around 0.07. Them thinking this will go back above even 0.10 is a joke with the current OS imo. Only P&d would do that, LVGI is not worth that valuation imo.
There was hope and then drop. Shows you no sustained interest in this. Any jumps will be merely pumps unless they can get institutional interest.
OMG your right. ITS NINE CENTS. An even bigger joke
Check your math it's even worse than that! I know hard to believe. Zeke how great are things here?
91 cents in trades today. Not even enough for the Dynamic Duo to buy a cup of coffee. What a joke…
There is absolutely no market for this stock. No demand haha! What a waste.
Absolutely! Probably some good news but I bet mostly just talk. The market wants results and so far those results have not been enough to koce the market. Management has consistently dragged shareholders along with all of their potential "deals" but 99% of the time they do not come to fruition. Talk is cheap.
I have no idea as I didn't even listen to it. I was just going off of 2k traded and the ask was dropped and even then no one bought it. Usually there is at the very least a small flurry of activity after these types of things, but with this virtually no interest at all so either the company said things that didn't move investors to purchase or no one even tuned in. Regardless it was a complete flop.
How many actually attended?
I see what you’re saying but Rokin makes these seem like a different scenario than other scam Penny stocks because they very clearly are going to succeed and keep producing more and more revenue. So it’s just baffling for this to be the case with LVGI but with who is running the show it shouldn’t be
You see it happen every day. They just keep diluting, then do a RS and keep diluting more. Like I said we got screwed, but the company will go on after cleaning out shareholders. Then new shareholders will come in and the cycle continues. The practice shouldn't be allowed, but unfortunately is a strategy often used by companies with little to no revenue. On another note that interview yesterday must have really generated excitement for the five people that tuned in. Traded a whopping 2k shares so far today.
How does a publicly traded company dependent on stock price and shareholders survive if the stock price plummets to nothing, or close to nothing?
The company is doing fine, the stock isn't. They sacrificed us for the betterment of the company. First the RS and now the dilution, shareholders got screwed, but the company will survive. Thank your CEO for losing your a$$
What’s the difference between running into the ground and completely and totally decimated
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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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