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looks like a cellar box before an R/S to me. That sucks if that is what is occurring. 'a buyback, r/s or both'... ' as well as other legal options'. Doesn't look good at all to me here, imo
What is the current o/s now?
I am really kicking myself for not jumping back in on this a couple days ago
GEAR sell off would be good. LVGI buyback, with no R/S would be awesome. However, how many LVGI shares are printed right now? Are Peter and co. the majority shareholders?
Mr. Deeds is Peter the majority shareholder?????
0.000003 per .0001 return is what I read in this article where he proposes doing both a r/s and bb if the r/s is a 1000/1 r/s. But if you really think he wants to payout $3,000,000.00 vs $3000.00 for a one billion share bb, do what you feel is best. Personally , I expect them to choose to do a r/s and a buyback. Who holds the majority of the shares to control the final outcome of what occurs anyway? Any educated guesses on that? I am not saying they will do a r/s, but the article twice mentions the possibility of both a r/s and bb at .003. I just do not seeing them putting in the option to do a bb for $3000.00 in that pr for nothing in my reasoning when the other option is to give away $3,000,000.00, if that is what they are saying in the pr. Can anyone explain why I would be wrong other than using insults and foul language?
Was 1000/1 the last priced r/s with LVGI in 2013?
'LVGI believes either or BOTH corporate actions', 'Either or BOTH plans of action need to be fully vetted' I guess being able to read is what the fuck is wrong with me. I do not see any wording on the 'combination' which you appear to be referring to. What the fuck is wrong with you?
1,000,000 * .003/ 1000 = 3.00 if he does a 1000/1 r/s with the bond issue of .003 per share
Both both both it says BOTH!@!!well 'or both' which to me just says both from my gut feeling. Of course I have no idea what he will do, just looking at what people say he has a history of doing. But don't make buy or sell decisions based on my postings. I am just trying to guess what is going on here like everyone else.
But he says buyback r/s or BOTH. So BOTH = $3.00?
I think I should have been happy making $6000 the second time I flipped this and walked away. Damn
Bonds worth $3.00 for every 1,000,000 shares, plus interest? Is that what this equates to if they do a share buyback as proposed here with bonds at .003 plus interest along with a 1000/1 r/s? Now who was ripping on me about a r/s?
Here is your lousy PR: Limitless Venture Group Inc. Announces a Special Website to Gauge Interest in a Potential Share Buyback Offer From the Company or Reverse Split
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8:30 AM ET 12/10/13 | Marketwire
Limitless Venture Group Inc's. (OTC Pink: LVGI) in response to shareholder requests about the dilutive events taking place, because of the conversion of senior note holders debt to equity, is considering offering a share buyback. The buyback will be set up not as a cash buyback, but an offer to buy back all shares with an interest bearing note, at .003 (3/10 of a penny) per share plus interest. Shareholders who take advantage will receive a 12 month note for the full amount of their holdings plus 10% (ten percent) interest. Another possible option would be to enact a reverse split. LVGI has received many inquiries about whether or not the company was planning a reverse split and would like the opinion of all shareholders on the above corporate actions, before we further consider taking any actions," said CEO Peter Scalise.
LVGI believes either or both corporate actions should afford LVGI access to better capital sources thereby allowing it to move forward with the distribution and marketing of their SLAM, Limitless Body and Limitless Health product lines. LVGI also believes once the above product lines are in full production and readily available, it will be able to retire all the buyback notes when they mature, should that be the direction taken.
Either or both plans of action need to be fully vetted and approved by FINRA and other regulatory bodies. Our first step however in deciding whether or not to take the necessary steps is to gauge our shareholder enthusiasm.
To that extent we have set up a website www.LVGIsharebuyback.com. Shareholders can log on to the site and simply add their thoughts, comments and suggestions. Management will go through all responses and report the consensus to our shareholders via a follow up press release. We will have the website live for a two week comment period starting December 10, 2013 ending December 24, 2013. Shareholders are encouraged to divulge their position held and cost basis plus state clearly if they would take advantage of the buyback offer as proposed and/or their thoughts on a possible reverse splits of shares. This is not a forum site for debate so all comments need to be direct and on topic or will be disregarded.
"I want to be clear, besides regulatory body approval, either option will not be acted upon before us receiving feedback in support of the moves by a majority of LVGI shareholders," stated CEO Scalise.
About Limitless Venture Group Inc. Located in Holbrook, New York Limitless Venture Group Inc is a full service brand development company specializing in beverage, supplement and healthy lifestyle products. Limitless acts as a brand incubator bringing products from concept to reality then releasing them as standalone companies. Limitless Venture Group Inc has internationally recognized formulators, in house graphics department, in house web design team, and full support staff for marketing and distribution chain development. Limitless Venture Group Inc. proprietary product line consists of SLAM Infusination(TM) Limitless Body(TM), Limitless Health(TM).
For further inquiry on Limitless Venture Group Inc. products:
Website: www.lvginc.com
Forward-Looking Statements This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be seemed to be forward-looking statements. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
Contact:
Peter Scalise III
C.E.O.
Limitless Venture Group Inc.
631.750.3195
SOURCE: Limitless Venture Group, Inc.
Hey, I just replied to a ridiculous post that was obviously not accurate. It's still hilarious to me ...
Wait, maybe one of the bodybuilders was told to print 200 billion shares, and he misunderstood and placed an order to buy 200 billion shares. That sounds much more believable to me.
It will be fun to watch if that is a real bid though!
So they are just leaving $20 million dollars sitting there and not snatching it up for a company with nothing? I say it is a fake ask in my opinion to get suckers to buy at .0002. If I had twenty million dollars I wouldn't be dropping it on a penny stock scam. Of course, I could be wrong and the 1 billion out standing shares all move at open and then the price jumps to five dollars a share today. I think it will stay at .0001 bid and .0003 ask though
Not on a billion+ share dump
No I don't. That's what I use ya'll for. duh ....
I can not find GEAR products on GNC's website. I found a company called BSN that has GEAR in their products with similar logos. This makes me concerned if GEAR is infringing on BSN's trademarks? But I do not find any GEAR products on GNC website. Can anyone find an actual offer on the GNC website for GEAR Nutra products?
Why don't they just fill the 139 million bid on .0001. This is ridiculous. If they don't issue another ten billion shares next week then it will give some of us a chance to trust them again. lmfao
So,does this mean R/S to be announced next week?
Only one billion or so more shares to go before they screw us more? Is that what it is?
Outta be able to dump another billion shares at .0002 on this one before a R/S if that is what this is about, for sure. roflmfao. :(
After a R/S is when this would run again imo. But do not make buy or sell decisions on my thoughts.
When was the last time Jerry pulled a R/S?
Where the hell was weekly on this one???lmfao! On the flip side, if they do a R/S and orders actually get filled on GEAR,is there a possibility that GEAR actually becomes a tradable stock, or is it more likely that LVGI gets suspended or goes private and we just lose all our GEAR shares? Damn
So by doing a R/S can he get out of this and get the product orders filled if/when they come in, if there really ever was an intent to do so? Hopefully he can do that and then G.E.A.R. becomes a real company and we go public and get paid. imo. It just seems like such a waste if they actually have customers willing to put this stuff out to sell and they don't do it if they can do it. Of course we'll just have to wait and see.
Well, it doesn't say anything about it be over taken by water, and there is also a second pay zone that they drilled into on this test site, so both of those are good points! And the fact that they are talking about performing further analysis sounds good to me. Looks like a couple more weeks to go to find out!
Do you have a link on the delay in stimulation of the well? What did they say is going on there?
What is the significance of the STRXF going to GM and now the stocks show independent volume on the OTC, vs TSX and ASX tickers? I thought they used to all group together showing daily volume before it was halted for a day, then they appear to trade independently? What does that mean? And with this dropping from OTC PINK to GM, is that good or bad?
I think this will really take off this week once the Xenia Illinois well is stimulated, assuming the 11% porosity and free circulating oil are accurate statements. I am not concerned about the lack of the 'pump and dump' influx on this. If this well is proven this week, then I expect this to be trading around $19.00 a share in a couple of months, similar to what occurred with REXX from August until now. I have no facts to base these thoughts on and am not offering advice to anyone else. This is just my thoughts on the matter. Congratulations on getting in before the Vail Project is known about if this blows up starting this week. Here is another story about the possibilities, but do your own DD on making investment decisions and do not let my thoughts influence your decisions: http://www.oilandgas-investments.com/info/?p=97
STRXF : Halliburton to attempt well stimulation in Illinois this coming week strata-x.com
I can't wait to see next quarter profits from Christmas season! This is the busy time of year for trucking!
Got me some more PTAH!! Thank you so much!! :)
Works for me, I ain't looking to flip out of this one anyway. Long term growth potential, get picked up by a big company and I win :)
Look at Heartland Express (HTLD $17.62) how they picked up a company in this link: http://www.heartlandexpress.com/investors/
and PTAH is likely in their lanes on the truck repair shop. Look at SWIFT (SWFT $21.97) These are the types of companies that will likely notice PTAH and try to possibly buy them out if they continue growing! Heartland operates out of Coralville Iowa, CRST out of Cedar Rapids Iowa. Their repair shop is in the backyard of some MAJOR players in the trucking industry, imo. lmns
I can not imagine why anyone would sell when this appears to be headed to multiple dollars as this company grows. Just my thoughts for my money. From my experience in trucking and logistics, it is a company like this which generally attracts offers by monster fleets that trade round $19.00+ per share. I am holding long term on this one and loading! :)
from Global Newswire Nov 15 2013:PTA Holdings Inc. Reports Continuing Positive Earnings Results for 3rd Quarter and Year Over Year for September 30, 2013 YTD
8:10 AM ET 11/15/13 | GlobeNewswire
PTA Holdings, Inc. (Pink Sheets:PTAH), a multi-faceted transportation group providing a broad array of traditional transportation and management services, announced today that their business had positive results during the 3 Quarter 2013.
Leonard Lewensohn, President of PTA Holdings Inc. stated that, "3rd quarter results for the company was profitable and the company continues to grow. New shippers and trucking lanes were added this quarter.
"We continue to believe that our earlier forecasts will be in line with industry statistics and growth predictions related to the outlook for our industry in 2013. A modest upturn in the economy has presented our company with the opportunity to expand our markets and enjoy success throughout 2013 and into the future."
About PTA Holdings, Inc. (Pink Sheets:PTAH) Kingsley Logistics Group, acquired in June of 2012, is a multi-faceted transportation group providing a broad array of traditional transportation and management services. The focus of the combined companies is to expand the company via a strategic transportation industry roll-up.
To view website go to www.ptaholding.com
Notice on Forward-Looking Statements:
This news release includes forward-looking statements regarding PTA Holdings, Inc. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties. Forward-looking statements speak only as of the date on which they are made and PTA Holdings, Inc. undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
CONTACT: Investor Relations Contact: ir@ptaholdings.net
Premier Media Service Inc.
T: 866-465-6551
E: info@premiermediaservice.com
http://www.globenewswire.com/newsroom/ti?nf=MTMjMTAwNTgxOTcjMjcxNzI=