Business
Limitless Venture Group, Inc. Generates Record Revenues for Fiscal 2020
Limitless Venture Group, Inc. Generates Record Revenues for Fiscal 2020.
About this update from Limitless Venture Group Inc.
[{"type":"text","content":"Recent Acquition Fuels Unprecedented Growth for Holding CompanyTULSA, OK / ACCESSWIRE / September 29 ,2020 / (OTC PINK:LVGI) Limitless Venture Group, Inc. ("LVGI" or "the Company") today announced it has generated record revenues for the fiscal year 2020, July 1, 2019 through June 30, 2020."All of the fiscal year revenues we report today were generated with only one subsidiary, Rokin Inc., which was just acquired on May 6, 2020," said Joseph Francella, CEO, Limitless Venture Group, Inc. "With the acquisition of KetoSports in our First Quarter of 2021, this coming quarter alone will blow those revenue numbers away. We will continue to grow our revenues quarter over quarter from now on. Additionally, we have lock-up agreements with all of our major convertible note holders and we are not selling stock under our SEC-approved Reg A offering thereby creating greater shareholder value and company market capitalization. Furthermore, our annual financial statement will be posted to OTC Markets within their time limit to keep us Pink Current.""Although sales for both KetoSports and Rokin are on the rise, both companies suffered in sales earlier this year due to the Covid-19 Pandemic," added Devon Diaz, COO. "We saw this as an excellent opportunity to focus our initial growth efforts on helping our subsidiaries find new markets and refocus their attention on web-based sales. As a result, we have contracted with the marketing team at Elevate Branding and Marketing (https://www.elevatethemarketing.com/) and A to Z Reliable, Inc. (https://atozreliable.com/) to begin a $100,000 marketing campaign aimed toward raising the profiles of both companies. These campaigns will lay the groundwork to generate significant revenues from both B2B and B2C markets over the next year and to help stabilize baseline sales so these entities can continue to expand product lines and explore new markets."Both Rokin Vapes and Keto Sports have tremendous possibilities," said Ann Ackerman, President, Elevate Branding and Marketing. "We are already working on positioning enhancements and marketing initiatives that will strengthen their positions in their respective marketplaces."Dennis Shaknovich, CEO of A to Z Reliable, Inc., explains, "Social Media Exposure is now the most effective mark...