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This barely trades more than $5k on a good day. Yeah very few shareholders to pool from if they needed funds. Without some good investments, this company will run itself into the ground imo. Rokin doesn't seem to be doing better than last year otherwise we would have news on it. Expecting maybe $250k in q2 revenues for LVGI.
Unfortunately so far there is little movement. Rokin still hasn't fully impressed yet. Perhaps the Q2 will provide further insight but I fear there will not be much change from last year. Just increase in expenses. Imo
A new week,
A new month,
Same miserable results…
#LVGI
They can try begging shareholders to buy more or maybe start a GoFundMe. Or try another crowdfunding scam. Unbelievable…
Where on earth would they get the funds for the e commerce and the grow facility
It was a tweet yesterday. I have no faith it will happen. 2nd time they are doing it again
Someone had posted that a week or so ago but I don’t see the actual news article a where about it. Not even on their website
Well look there. They signed another LOI for a grow facility. Let's see how long this one lasts. They had better not spend more than $200k knowing how the last 2 acquisitions turned out.
It will probably be another 6 months before we get any more news haha
I fear this management will drive the PPS into the ground with their lack of business skills. I will not be surprised this is down to 0.002-3 range before year end. If not lower. Will take a miracle pump or turn around to eliminate the downward risks and trend.
Unfortunately I don't expect a pump now after that lame news. The market is smart and this management is quite incompetent imo.
I almost bailed when it got to .008/9 but I just can’t pull the trigger at that number still a low enough float where a pump could see some Pennies but then they’ll just dilute it down so quick. Hold and hope is all I can manage to do even though I myself think their is no hope and I should get what little I can back.
I'm just hoping for a pump so I can recoup a bit. That's our only hope and this is due for a run.
Unfortunately I don't think there is much hope on new acquisitions. I think we're quite screwed honestly. No news about rokin or keto. I don't expect rokin is doing better than last year. Sad though. This e commerce stuff is probably not going to generate anything meaningful. I wonder what the next "big thing" will be. Selling unicorns?!
Right it doesn’t seem like a good business decision for Leonite beyond the that an indoor/outdoor grow facility should undoubtably make money and the only subsidiary making money is also in the weed game. Maybe that’ll convince them and they’ll bail us out but likely wishful thinking.
Unfortunately I would be willing to guess that due to rhe forbearance and the lack of market interest, leonite is probably hesitant to invest more money here. We have what, maybe $1000 traded a day at best? Why would a diluted want to invest more here haha. Also could be just recent economic events too that will inhibit further investment for now. Anyways, if they wanted to do e commerce, why did they not do it before and not have even invested in rokin, keto and jasper and racked up over $1M in debt by doing so. Ludicrous. They have had no news on rokin recently. I fully expect then that rokin is not performing as they had hoped. They had expected 3x revenue this year and I would be surprised they even beat last year's sales numbers. They have this deal with puretec but not sure if it is even profitable or creating sales.
Lol plus there’s a 0% chance they have the Funds to actually execute the LOI with the Oklahoma grow facility. They suck
I hear ya brother
Same here. I have a lot in this to. Unfortunately wanted to be wrong this time.
I’m so sick of you being right sky just one time be wrong please and thank you
They just diluted an additional 5M shares this week. OS up to 64M from 59M. What a joke. They say they want to limit dilution and then dilute. Scam imo
Unfortunately management's track record makes it easy to predict. Too bad though. Was hoping I would be wrong this time! Sadly it seems I have been right to many times.
I just find it funny that they took 6 months of talking about potential acquisitions to finally settling on opening an online shop. They are behind the times. Plus so many of these type stores do not succeed for obvious reasons. I have strong doubts LVGI will be a success but maybe they will be with their new found connections.
Shit you were completely right with your assessment.
Someone just put in a 2.5m share bid? Lol. Don't get me wrong, e commerce is better long term play but will take a while.
Man, if you are entering e commerce at least gave a product lined up and sales ready to go. What a disappointment.
Can we fire this management team? Haha
Dilution kicks in in a month and now they do this? What a joke.
Welp, not too unexpected. Was expecting a dud. Could have potential but just not soon.
GOOD MORNING $LVGI
Joseph Francella, CEO, states " We are ecstatic that we have been able to achieve this type of quarter over quarter revenue growth with just our current subsidiaries, especially during a time when the Covid 19 pandemic has been such a difficult period for businesses to navigate." Additionally, " we're working on another great quarter and the best annual revenues in company history. Even with all this great news, we are not sitting still and resting on our laurels, we are diligently searching for, and planning on making, strategic acquisitions when the time and the businesses are the correct fit for LVGI and its current subsidiaries".
"The fact that we are showing such strong growth during these last 6 quarters, is a testament to everyone who is involved with LVGI. I am really proud to be around so many great people who are all working together to make LVGI a great company to invest in, work with and grow with." states Devon Diaz, COO.
"We are extremely pleased with this year's increased revenue," said Daryl Bauer, CEO, Rokin. "The successful introduction of our new products like the Stinger and the Dial, in concert with solid sellers like the Mini Tank and our line of accessories and cases has made this period one of strong growth. Furthermore, Rokin is benefiting in a big way from the support provided by LGVI when it comes to inventory and marketing."
About Limitless Venture Group, Inc.
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: Rokin, Inc., KetoSports, Inc. and Jasper Benefit Solutions, LLC.
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.
www.ketosports.com
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
Follow us on Social Media at:
https://www.facebook.com/lvginc
https://twitter.com/lvginc_
HUGE UPDATES COMING
10 CENTS?—WITH BEAUTIFUL SS-WEEEE—
("LVGI" or the "Company"), a publicly traded holding company that provides its shareholders with access to investment opportunities in small and medium-sized businesses uniquely positioned for rapid growth, is pleased to announce that it has signed an LOI to acquire 100% of an Oklahoma operating grow facility with both Indoor and outdoor operations, exclusive to LVGI for 60 days from the signing of the LOI.
The operation has had 1 full outdoor grow season producing around 1,200 pounds of cannabis, according to the owners. Additionally, they currently have approximately 400 plants growing indoors and expect to harvest them this month. Both outdoor and indoor operations have all the necessary equipment, lighting, heating/cooling etc. as necessary to produce quality plants. Additionally, the current staff seems willing to stay on and work with LVGI as necessary. More information will be available and provided once we close on this opportunity.
With the current levels of operations, LVGI surmises there is an ability to grow 1.5 to 2 outdoor harvests. Using the current production numbers that would yield around 1,800 to 2,400 pounds of cannabis annually outdoors. With a saleable low price range of around $1,000 per pound, LVGI's first year of outdoor production, if all goes well, could be worth between $1,800,000 and $2,400,000. Indoors, there is the ability to grow year round and that could mean up to 5 harvests annually. The facility is now operating in about 2,000 sq/ft of space. Again, using current production levels of which there are approximately 400 plants growing, that would mean LVGI's first full year of indoor growing could produce 2,000 plants, which should yield around ¼ pound per plant (per leafly.com), equaling about 500 pounds. Again, at a low price of around $1,000 per pound, that would generate an additional $500,000 annually, making the total annual revenues for LVGI of between $2,300,000 and $2,900,000 YEAR ONE!. There are many variables that would change these numbers dramatically and they are being used only as a reference. There is additional indoor space available that can be converted into grow rooms that could potentially quadruple, up to 8,000 sq/ft, the indoor grow area as well as increasing the usable outdoor area and adding greenhouses to extend the outdoor seasons.
Joseph Francella, CEO states "This is a fantastic opportunity for LVGI and its shareholders. 100% of the facility and operations are being offered along with current inventory, which gives LVGI the opportunity to achieve revenues and profitability almost immediately. Additionally, the current staff has indicated that they would like to stay on with the company to help us grow the operations. Since there are tangible assets, LVGI and the seller are pursuing an all cash purchase, with LVGI financing the acquisition." Furthermore, " Our institutional investor has already given LVGI a strong indication of interest in assisting with the financing of this acquisition and is planning a trip to Oklahoma in the very near future to view the property first-hand.
"With Oklahoma's MMJ dispensaries amassing $385 million in sales through June 2020, it is critical for LVGI to establish a foothold in this market quickly," said Devon Diaz, P.E., COO of LVGI. "Signing an LOI to acquire 100% of an existing Oklahoma grow facility represents tremendous potential that will complement our existing strategy for growth in the health and wellness marketplace. When we complete this deal, it will be our fourth acquisition in the last two years and will open up new opportunities for us to work more closely with our subsidiary Rokin Vapes as they have a great deal of knowledge and connections in this market which could provide great short and long term benefits. Furthermore, with the potential for immediate cash flow, this acquisition will be exactly what will continue to position LVGI for long-term growth and success."
About Limitless Venture Group, Inc.
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: Rokin, Inc., KetoSports, Inc. and Jasper Benefit Solutions, LLC.
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.
www.ketosports.com
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. jasperbenefitsolutions.com
Follow us on Social Media at:
https://www.facebook.com/lvginc
https://twitter.com/lvginc
NICE, THANKS FOR THE INFO- UPDATE GOING TO BE HUGE $LVGI
$LVGI ON HIGH BREAKOUT ALERT
#LVGI: UNDER THE RADAR...... 0.008
BREAK OUT COMING...
I'm expecting a completely lame PR. A deal that is not very material and will result in another Jasper or Keto. They need to bring in a mutli million company to have any chance of raising more capital.
According to their Twitter news next week.
Looks like people sold because no news. Not surprised. Management isn't necessarily the most reliable at delivering a y positive results. If they did complete a deal, most likely will be next we hear about it otherwise maybe the fall we will hear of it again. Unfortunately they have to do something soon before dilution kicks back in and ultimately destroys the stock and runs lvgi into ultimate bankruptcy because no shareholders left. All in my opinion of course.
Unfortunately just under 2 months until they can dilute again. Sad management hasn't really accomplished anything we can see recently. They haven't said much about rokin which may mean rokin is also underperforming below the sales expectation for this year.
Wow this garbage is a complete joke and it's only going to get worse when they can dilute again. Trading for over a 99% loss for many.
Yes, I'm an old timer !!
Hey "BLULLISH" welcome to the LVGI Board !!! Why not come aboard as a MOD ...... always looking4 new positive people - if I can be of any help2U just post me and I will respond asap, zeke
$LVGI MULTI -PENNIES POTENTIAL $LVGI
WITH $LVGI SS EASY POP TO 5 CENTS -10 CENTS
After hours Trade? A T trade? Generally indicative of dilution. I guess we will see if dilution today.
This will soon be at a comparable pps as before the rs at this rate. What a pathetic company at this point. Management has done a great injustice imo. No news no updates. No nothing. They gave been saying a new acquisition is potential but we all know that has been complete baloney for the past year. Surprised they still have money to keep tweeting.
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
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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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