DD for LVGI per the last shareholder Update on Dec
Post# of 22
Posted On: 01/03/2015 1:26:05 AM
DD for LVGI per the last shareholder Update on Dec 4.
LVGI is due to announce their pending Acquisition ANY DAY NOW per the last shareholders update on Dec 4.
"Potential Acquisition: We have identified a potential acquisition. A letter of intent is out and being reviewed by both parties. We hope to sign within two weeks. If closed, this acquisition would provide several new product offerings, some already producing revenue and will come with some very key industry veterans to help guide the new products into full distribution. Press release updates will be forthcoming."
LETTER OF INTENT IS ALREADY SIGNED AND OUT AND REVIEWED BY BOTH PARTIES!! NEXT PHASE IS THE ANNOUNCEMENT AND IT IS ANY DAY NOW AS THE TWO 2 WEEKS INDICATED IS RIGHT NOW (HOLIDAYS typically slow things down a bit).
The SLAM PROJECT (a premixed alcoholic beverage ready to drink right from the can or bottle featuring the most popular mixed drinks in demand today) is also in development and could be in production at any time.
LVGI volume (over 105 million shares traded today) is likely in anticipation of the ACQUISITION announcement.
NEXT WEEK IS GOING TO BE BIG HERE. Today’s closing price of .0015 is still a good entry point because many believe this stock could hit .03 or higher in the coming days.
LVGI has a solid MJ division major developments are happening including MJ infused alcoholic beverages.
___________________________________________________________________
Limitless Venture Group Inc. Shareholder Update
Tulsa, OK December 4, 2014 – Limitless Venture Group Inc’s. (PK:LVGI) today announced its CEO Joseph Francella has prepared the following shareholder update.
SLAM production: As previously released we had production in line for SLAM prior to the DTC lock. We 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. Well that bottling plant is still not operational and Panache themselves who are owned by a public company have run into some tough times and lets some key people go one of which was our point man on the SLAM project.
So we are now in full negotiations with Temperance Distillery Inc. that can handle every aspect of the project. We have received the first draft of their bottling agreement and hope to have it signed and process underway in a few weeks. They are making SLAM flavors using their processes and samples are due in to LVGI Friday December 5th. An announcement inviting any interested shareholders to test the flavors will be out next
week.
With this a Spring Break 2015 official launch is our target for SLAM. Dependant on the federal government approval process for the new bottler and label approvals perhaps we can do a pre-launch and get samples out before then. Press releases updating our shareholders on the progress will come out periodically.
New SLAM website has launched: www.getaslam.com
Potential Acquisitions: We have identified a very key potential acquisition. A letter of intent is out and being reviewed by both parties. We hope to sign within 2 weeks. If closed this would provide several new product offerings, some already producing revenue and will come with some very key industry veterans to help guide the new products into full distribution. Press release updates will be forthcoming
http://www.otcmarkets.com/otciq/ajax/showNews...f?id=12613
LVGI is due to announce their pending Acquisition ANY DAY NOW per the last shareholders update on Dec 4.
"Potential Acquisition: We have identified a potential acquisition. A letter of intent is out and being reviewed by both parties. We hope to sign within two weeks. If closed, this acquisition would provide several new product offerings, some already producing revenue and will come with some very key industry veterans to help guide the new products into full distribution. Press release updates will be forthcoming."
LETTER OF INTENT IS ALREADY SIGNED AND OUT AND REVIEWED BY BOTH PARTIES!! NEXT PHASE IS THE ANNOUNCEMENT AND IT IS ANY DAY NOW AS THE TWO 2 WEEKS INDICATED IS RIGHT NOW (HOLIDAYS typically slow things down a bit).
The SLAM PROJECT (a premixed alcoholic beverage ready to drink right from the can or bottle featuring the most popular mixed drinks in demand today) is also in development and could be in production at any time.
LVGI volume (over 105 million shares traded today) is likely in anticipation of the ACQUISITION announcement.
NEXT WEEK IS GOING TO BE BIG HERE. Today’s closing price of .0015 is still a good entry point because many believe this stock could hit .03 or higher in the coming days.
LVGI has a solid MJ division major developments are happening including MJ infused alcoholic beverages.
___________________________________________________________________
Limitless Venture Group Inc. Shareholder Update
Tulsa, OK December 4, 2014 – Limitless Venture Group Inc’s. (PK:LVGI) today announced its CEO Joseph Francella has prepared the following shareholder update.
SLAM production: As previously released we had production in line for SLAM prior to the DTC lock. We 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. Well that bottling plant is still not operational and Panache themselves who are owned by a public company have run into some tough times and lets some key people go one of which was our point man on the SLAM project.
So we are now in full negotiations with Temperance Distillery Inc. that can handle every aspect of the project. We have received the first draft of their bottling agreement and hope to have it signed and process underway in a few weeks. They are making SLAM flavors using their processes and samples are due in to LVGI Friday December 5th. An announcement inviting any interested shareholders to test the flavors will be out next
week.
With this a Spring Break 2015 official launch is our target for SLAM. Dependant on the federal government approval process for the new bottler and label approvals perhaps we can do a pre-launch and get samples out before then. Press releases updating our shareholders on the progress will come out periodically.
New SLAM website has launched: www.getaslam.com
Potential Acquisitions: We have identified a very key potential acquisition. A letter of intent is out and being reviewed by both parties. We hope to sign within 2 weeks. If closed this would provide several new product offerings, some already producing revenue and will come with some very key industry veterans to help guide the new products into full distribution. Press release updates will be forthcoming
http://www.otcmarkets.com/otciq/ajax/showNews...f?id=12613
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