The know what Joe is up to with his newly formed Sub of LVGI. What is LVGI? Why was it formed in the first place? How long have many on here held this stock (and accumulated more) during the down time? I know I have and I hope all the "Longs" did during the slow period. A million at a time over many years adds up. I entered this investment right after they spun off the protein powder company. I was attracted to it because of "SLAM" which I felt was a game-changer because of the 5-hour energy craze in the little bottles.
I still feel $LVGI will get to bottling and selling SLAM, but Joe (CEO) turned his attention towards Cannabis and now has acquired the 1st Cannabis location in Oklahoma and is building the next one ready to open in Feb.
Now what is Limitless Ventures? It is a marketing brand-building company. They build the brand and then spin it off as its own entity. As their press release said Summit Harbor Holdings Inc future ticket symbol SHHI is the new Cannabis (Brand Building) company that was formed to handle the Cannabis related acquisitions for LVGI the PARENT.
One thing I have never liked is the fact LVGI builds the brand and spins it off, taking the CEO of LVGI with it. Remember back many years ago after they spun off the bodybuilding division, they next up was SLAM and Joe was btought it to build that brand and then go be CEO of the newly formed company. For whatever reason, he did not get this accomplished instead went the Cannabis route, which will be very profitable.
Why worry about Outstanding Shares if you are just going to use LVGI as the incubator and spin-off the new brand. Boom
Hold your stock people because that is exactly what is happening here. If you not going to spin-off SHHI, then why form it in the first place?
Joe will become the CEO of SHHI. There will be a new Ticker symbol by End of 2nd Quarter to facilitate the issuance of shares in SHHI to current LVGI holders. This is why all the new money into LVGI in thelast couple of weeks.
Question who owns a majority of LVGI brand incubator stock? What other past brands did they own before they decided to massively accumulate LVGI stock in the last couple of weeks? Why did Joe give us a future revenue estimation for SHHI in the PR. Why did they find it necessary to have their lawyer release the letter he wrote to OTC to show compliance? Who else does this lawyer work with (his clients) if you dig deep enough you can see that this is going yo be multi-million $$$ spin-off with a smaller share structure, so it will start to compete with the Cannabis stocks trading in the $$ range that do not have the revenues SHHI will have once the locations are open.
Hope I have opened some eyes here and ask all "Longs" to participate in the necessary DD to prove my point. Keep in the mind the initial movement was for the "insiders" the bump up was for the PR. The initial was before Jan1, the bump was after once the PR hit. That's how they play the game. I purchased some then, because I noticed the volume and money flow change.
Thanks
Time to do DD
~Don~
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