Limitless Venture Group Inc. (LVGI)

[SynthTrader]

If you go back and read posts from past weeks and months, you'll get a better picture of this company and how it relates to current price movement. People here are mentioning GEAR and sharing links, etc. GEAR is a part of the company that was "spun off" into a private company, until some day when it offers an IPO. People who had LVGI shares back when the spin-off was announced now have GEAR shares which could conceivably be sold after that IPO, but we don't know when that will happen. I have GEAR shares in my trading account...currently worthless, but hopefully worth something in the future.

As for the current LVGI, you can read the last update from the new CEO, and you'll see that the focus is on their other products (particularly SLAM) which can be built up, and possibly spun off as separate companies in the future. The fact that the CEO is turning the focus back to those other products is what started the run upward from .0001/.0002 because investors were waiting to see if LVGI would do anything moving forward.

Anyway...if you're into this stock right now, your focus should be in line with the CEO's focus (SLAM) rather than on GEAR which is not mentioned anywhere in the PR. The only supposed relationship with GEAR would be marketing services provided by LVGI.

Also, references to past share prices in the dollars range is not an indication of where this would be heading any time soon. Those prices are reflected in the chart due to past reverse splits, etc. and the stock being diluted for financing, thus bringing the price down to sub-penny prices. The share structure is completely different now.

I am currently in LVGI because of new developments, like an active CEO who wants to build the business, and because of charting reasons. I'm not bashing, since I don't believe in attacking a stock for any reason. I'm simply commenting on the posts from recent visitors who don't seem to be familiar with the recent company history and are hyping products and prices which may have no tie to the current share price and company developments. Let's settle above .001 and then we'll see what happens next. Go LVGI!

Here is a 60-minute chart, showing current support at .0006 and if she can push and settle above .001 then you have a new support upon which to build for another move. I hope she holds supports here, but it may linger here a while, since there were many millions of shares purchased at .0001 and .0002 while the stock price was languishing. You can't blame people for taking such profits.