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Re: None

Wednesday, 09/08/2021 3:30:26 PM

Wednesday, September 08, 2021 3:30:26 PM

Post# of 74831
Solid reply from Tristan just now on the O/S increase.
Commo from $LVVV's getting better all the time...

Hi Bill,

The increase in outstanding shares is based on contractual obligations to issue shares, a mixture of purchases and compensation. We issue those shares once a year. These are all restricted shares and will not impact the current float.

The additional shares underlying the Reg A are shares that are not being issued until the Reg A has been qualified and we have entered into the first agreement to purchase shares. The 125 Mill share are the maximum amount of shares that could be issued under Reg A. The Company is very conscious of dilution when issuing any of these shares. It will only issue as many shares as necessary to expedite business expansion and accelerate revenue generation and profit.

As with any large cannabis business, considerable investment is needed to get operations to legal status (18 months process) and begin cultivation. The Company has been very diligent in creating a careful balance between debt and investment to reach the first harvest stage and profitability without generating a large debt burden. We believe that the path we took will produce a solid return on investment for all our shareholders.


Thank you,

Tristan Cavato



GO $LVVV