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Thursday, October 31, 2013 8:45:45 PM
In the spinoff PR it says, "LVGI to maintain marketing agreement with GEAR and handle all social media efforts and graphic design work". Since GEAR will be its own company now, I am assuming that this will mean that GEAR will be paying LVGI for these services. Once LVGI starts to generate decent revenues, they wont have to do another share A/S dilution in the future. We will just have to wait till the follow up PR and CC for all the details. Hopefully the PR and CC are soon, but we might have to wait until December 1st.
It looks like SLAM is going to be the next spinoff. With the success of GEAR, I am sure many more companies will be looking for LVGI to build them up. Hopefully everyone got a chance to get some cheap LVGI shares for the GEAR dividend! Scalise hinted that it is going to payoff big! GEAR = $4-5 a share maybe?
Once BMAK leaves the market, LVGI's price is going to skyrocket! Get LVGI shares cheap while you can! I am holding long and strong! Goodluck!
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