Limitless Venture Group Inc. (LVGI)

[balamidas]

MAJOR DD$$$LVGI is PENDING ACQUISITION NOW per the last shareholder Update on Dec 4 $$$$$$

Players should take notice that LVGI is now pending Acquisition ANY DAY NOW per the last shareholders update on Dec 4

from the shareholders Update "Potential Acquisitions: We have identified a very key potential acquisition. A letter of intent is out and being reviewed by both parties. We hope to sign within 2 weeks. If closed this would provide several new product offerings, some already producing revenue and will come with some very key industry veterans to help guide the new products into full distribution. Press release updates will be forthcoming."


LETTER OF INTENT IS ALREADY SIGNED AND OUT AND REVIEWED BY BOTH PARTIES!! NEXT PHASE IS THE ANNOUNCEMENT AND IT IS ANY DAY NOW AS THE WITHIN 2 WEEKS PERIOD IS NOW (HOLIDAYS PERIOD taking in account as slowing things a bit for businesses )


this major development is taking place in parallel to another major one the SLAM PROJECT


a very important point to take notice about : the CEO did not use the letter of intent to pump his stock price like many other CEO will do

he just mentioned it as done thing in his update and is looking to update in a Press release about the ACQUISITION


LVGI volume is anticipating the ACQUISITION announcement that should send it high soon

NEXT WEEK IS GOING TO BE BIG HERE


major developments are happening and are in good timing with MJ stocks awaking yesterday as LVGI has a solid MJ division too



here is the shareholders update:



Limitless Venture Group Inc. Shareholder Update

Tulsa, OK December 4, 2014 – Limitless Venture Group Inc’s. (PK:LVGI) today announced its CEO Joseph Francella has prepared the following shareholder update.

SLAM production: As previously released we had production in line for SLAM prior to the DTC lock. We had signed a bottling agreement with Panache Distillery to produce SLAM out of a new bottling plant they were opening in New Port Richey, FL. Well that
bottling plant is still not operational and Panache themselves who are owned by a public company have run into some tough times and lets some key people go one of which was our point man on the SLAM project.

So we are now in full negotiations with Temperance Distillery Inc. that can handle every aspect of the project. We have received the first draft of their bottling agreement and hope to have it signed and process underway in a few weeks. They are making SLAM flavors using their processes and samples are due in to LVGI Friday December 5th. An announcement inviting any interested shareholders to test the flavors will be out next
week.

With this a Spring Break 2015 official launch is our target for SLAM. Dependant on the federal government approval process for the new bottler and label approvals perhaps we can do a pre launch and get samples out before then. Press releases updating our shareholders on the progress will come out periodically.

New SLAM website has launched: www.getaslam.com

Potential Acquisitions: We have identified a very key potential acquisition. A letter of intent is out and being reviewed by both parties. We hope to sign within 2 weeks. If closed this would provide several new product offerings, some already producing revenue and will come with some very key industry veterans to help guide the new products into full distribution. Press release updates will be forthcoming



http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=12613