Limitless Venture Group, Inc. (LVGI) Current
Post# of 1230
Current Share Price: .0010
Links to all of the websites and references:
https://www.facebook.com/slam.shots?fref=ts
http://lvginc.com/
http://www.lvginc.com/LimitlessHealth.php
http://www.getaslam.com/
http://www.hempcorehealth.com/
Basically, LVGI is an alcoholic beverage company with exposure to the MMJ market as well. The company is current on the DTC Chill list, and is expected to be off that chill shortly. Problems caused by prior CEO. LVGI has a pre-mixed shot (Called Slam) that is referred to as a party in a bottle.
SLAM production: As previously released LVGI had production for SLAM scheduled prior to the DTC lock (chill). They had signed a bottling agreement with Panache Distillery to produce SLAM out of a new bottling plant they were opening in New Port Richey, FL. That bottling plant is still not operational and Panache ran into some tough times and let some key people go --- one of which was the point man on the SLAM project.
So LVGI is now in full negotiations with Temperance Distillery Incorporated, a company that can handle every aspect of the project. LVGI received the first draft of their bottling agreement and hopes to have it signed and the production process underway in a few weeks. They are making SLAM flavors using their processes, and samples were to be delivered to LVGI Friday December 5th. An announcement inviting any interested shareholders to test the flavors will be out soon.
Spring Break 2015 is the official launch target for SLAM. This launch date is dependent on the federal government approval process for the new bottler and label approvals. It is possible LVGI can do a pre-launch and get samples out before then. Press releases updating shareholders on the progress will come out periodically.
New SLAM website is launched: www.getaslam.com
Potential Acquisitions: LVGI has identified a key potential acquisition. A letter of intent is out and is being reviewed by both parties. Management hopes to sign within 2 weeks. If closed this acquisition would provide several new product offerings (some already producing revenue), and will come with some key industry veterans to help guide the new products into full distribution.
Important note: LVGI was trading much higher before the chill, so this stock could soar once the chill is removed. The launch of SLAM and the acquisition could send this stock to new highs.