Replies to post #19993 on Livewire Ergogenics Inc (LVVV)

[vegasrob]

I guess LVVV likes keeping secrets. Did they close? Did they not close? Since when does LVVV pr's mean anything? LOL.

Item 8.01-Other Events.

Pursuant to the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on May 20, 2014, the Company reported that “on May 13, 2014 the Company completed the acquisition of a majority stake of Apple Rush Company, Inc., pursuant to a Memorandum of Understanding which the Company had disclosed on Form 8-K filed on March 10, 2014”. Due to the complicated and difficult nature of the due diligence and other requirements to complete the transaction, the parties to the agreements have agreed to postpone the closing of the transaction. The Company believes the closing will occur on or about August 31, 2014. The Company believes that because the closing of the transaction has been delayed, the requirement to consolidate any financial information of Apple Rush and to present historical audited financial statements of Apple Rush has not been met as of the date of this filing.

[hometownJOE]

Is that a good thing or bad thing? Will LVVV's future be brighter because of it?