Business
Limitless Venture Group Inc. Acquires Majority Interest in Rokin Inc., Proving its' New Direction is the Correct Path
Limitless Venture Group Inc. Acquires Majority Interest in Rokin Inc., Proving its' New Direction is the Correct Path.
About this update from Limitless Venture Group Inc.
[{"type":"text","content":"\n\n\n\nLimitless Venture Group Inc. Acquires Majority Interest in Rokin Inc., Proving its' New Direction is the Correct Path\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nLimitless Venture Group Inc. Acquires Majority Interest in Rokin Inc., Proving its' New Direction is the Correct Path\nPR Newswire\nTULSA, Oklahoma, May 12, 2020\n\n\n\nTULSA, Oklahoma, May 12, 2020 /PRNewswire/ -- Limitless Ventures Group Inc. (OTC PINK: LVGI) announced today it has signed an agreement and acquired the majority ownership stake in Nevada based Rokin Inc. \"2020 is the year that Rokin breaks out of its box,\" exclaimed Larry Bauer, CFO of Rokin, \"We are excited to be joining with Limitless Venture Group who can open the doors for Rokin to add whole new lines of product offerings as well as a chance for the public to invest in our success. Currently, we support wholesale distribution to 348 active resellers across 33 States with more on the horizon in 2020.  By word of mouth we now support international sales in Canada and Central America.  Separately, our website sales include individual customers in over 47 States and territories. Success breeds success.  In December 2019 the Rokin Mini Tank was nominated for Best Innovative Product at the Cannabis Business Awards in Las Vegas demonstrating Rokin's name recognition to the well-established players in this marketplace. Partnering together with Limitless Venture Group, Rokin is in a position to have a breakout year!\"\n\"We are very excited to be supported by Limitless Venture Group as this alliance will provide Rokin the resources it needs to have a breakout year in 2020.  With our new line of vape batteries, CBD products, and other complementary products currently in R&D, we expect Rokin to exceed its sales expectations over the next 3 years\", exclaimed Daryl Bower, CEO of Rokin\nRokin had 2019 revenues of approx $850,000, and with the addition of new product lines, including our CBD products (manufactured by the labs that created Boobeary CBD), an aggressive marketing campaign along with expanded brick and m...