LVGI DD HERE! by airdawg on another board Here
Post# of 429
by airdawg on another board
Here is an updated DD post for everyone that hasn't had time to read through the post history.
Look for these PR's in the very near future
LVGI Limited Share Buyback
SLAM Production and Contract Updates
GEAR Production and Contract Updates
LVGI Contract Details with GEAR
1-2 NEW LVGI Brands Acquired
LVGI Investors Conference Call
GEAR Launch at 2014 Arnold Classic!
LVGI, Limitless Company Description
Originally Limitless (LVGI) was EnerBrite Technologies (ETGG). The company had the name and ticker change on February 2013 to Limitless Venture (LVGI). Limitless is known as “the brand building” company. LVGI produces, markets, distributes, and designs brands it has acquired. Limitless will build up a brand and put together a management team for it. When the brand is ready to become its own company, it will be spun-off from LVGI.
"Limitless Venture Group, Inc. (LVGI) known as THE BRAND BUILDERS is a development stage company dedicated to the production, distribution and marketing of unique, quality product lines. LVGI acts as a brand incubator bringing products from concept to reality then releasing them as stand alone companies. LVGI is a full service brand development company with an in house Bio-Chemical engineering and formulations department, in-house brand identity team, full graphics department as well as an experienced and highly motivated group of marketing professionals. Limitless Venture Group Inc. and its group of diversified wholly owned subsidiaries have four product lines ready to go to market. Through our Limitless Body Inc. sub we have our Limitless Body and our Limitless Health product lines fully developed, tested and ready for full production. Our Genetically Enhanced Anabolic Research Inc. (G.E.A.R.) sub has a full line of sports supplements developed, tested and ready for full production. LVGI also controls as a 100% wholly owned subsidiary named Limitless Brands Inc. Limitless Brands Inc. serves as our alcoholic brand division. SLAM Infusination is our line of RTD (ready to drink) alcoholic shots aimed at the virtually untapped grab and go counter item space of the massive alcohol industry. SLAM has it owns formulation, graphics and marketing departments. SLAM has full federal and state approvals and is ready to go market.”
Share Structure
Shares Outstanding 1,535,125,593 a/o Dec 18, 2013
Float 1,525,125,953 a/o Dec 18, 2013
Authorized Shares 2,500,000,000 a/o Oct 24, 2013
The Share Structure is usually updated once a month. Expect to see an update in a few days.
Previous Share Structure
Shares Outstanding 1,253,662,769 a/o Nov 20, 2013
Float 724,683,097 a/o Nov 20, 2013
Authorized Shares 2,500,000,000 a/o Oct 24, 2013
The dilution of shares and the unexpected GEAR spinoff is what drove LVGI down to hit .0001. The dilution was necessary to fund LVGI going forward and to pay previous debt holders. And many investors did not expect the GEAR spinoff to occur before their product line was launched.
New LVGI CEO: Joseph Francella
“Joseph Francella serves as an Executive Vice President and Secretary of Fibr-Plast Corporation. Mr. Francella serves as an Executive Vice-President of Dome Holding Corp. He serves as President of Sunnex. He serves as Vice President of Neodyne, a subsidiary of Dome. He serves as Chief Executive Officer and President of Fibr-Plast Corp. He serves as President of Fibr-Plast Corp.'s wholly owned operating company American Waste Management, Inc. Mr. Francella has 10 years experience in the field of consulting. Mr. Francella serves as a Director of Fibr-Plast Corporation and Dome Holding Corp” He also runs The Winners Foundation.