TULSA, OK / March 12, 2024 / Limitless Venture Group, Inc. (OTC PINK:LVGI) ("LVGI" or the "Company"), a publicly traded holding company that provides its shareholders with access to investment opportunities in small and medium-sized businesses uniquely positioned for rapid growth announced today that it has signed an agreement to sell 95% of its shares in Rokin Inc. back to Rokin Inc. for an undisclosed price.
Joseph Francella, CEO, states "We acquired a 51% stake in Rokin Inc. in May 2020 and have had a good working relationship with the Rokin founders and management team. We all agreed that it is in our mutual best interest to sell 95% of our stake in Rokin back to them. The sale releases LVGI from an $800,000 future funding commitment, returns back all of the LVGI convertible preferred shares we issued to Rokin Shareholders and removes approximately $1.8 million of Rokin debt from our balance sheet. We estimate the deal produces a profit for LVGI in excess of $1,000,000 that we will recognize in the quarter ending March 31, 2024." Mr. Francella also states, "I believe this is a win-win-win for both companies and our shareholders."
About Limitless Venture Group, Inc.
Limitless Venture Group provides its shareholders with access to leading small and medium-sized businesses focused on growth. Leveraging its permanent capital base, disciplined long-term approach, and actionable expertise, LVGI owns controlling interests in its subsidiaries as it partners with management teams to build businesses with the capacity to unlock significant value for its shareholders.
For more information, please visit: www.lvginc.com.
The Company currently has two primary subsidiaries: Limitless Technology Group, LLC, and KetoSports Holdings LLC.
About Limitless Technology Group, LLC.
Limitless Technology Group, LLC, (LTG) is a wholly owned subsidiary of Limitless Venture Group, Inc. and was formed as an Oklahoma limited liability company on July 19, 2022. LTG is focused on developing new and innovative opportunities in the e-commerce, crypto and metaverse markets.
About KetoSports Holdings, LLC
KetoSports sells a variety of products under the KetoSports brand, including its flagship exogenous ketone supplements. These products flush the body with ketones, a preferred energy source for the body and brain, within a few minutes of consumption. KetoSports products are essential for anyone who wants to prolong energy reserves for their athletic events or for those who just want to benefit from carb-free, stimulant-free mental energy and enhanced acuity. For more information, please visit www.ketosports.com
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Disclaimer Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
If you have any questions, please feel free to reply to this email.
The parties formed KetoSports Holdings LLC (“KSH”), a new Delaware entity, in which LVGI holds a 51% interest with the remainder held by Leonite Capital (“Leonite"). Leonite will invest the necessary capital to expand the management team and manage the day-to-day operations. Former KetoSports CEO Savitri Boodram Jones will be joining KSH as well to lend her vast experience and market knowledge to the new joint venture.
As consideration for tendering its assets to KSH, LVGI was granted the sum of $125,000, which was credited against its outstanding loan balance. Leonite was also granted an option to purchase up to 90% of KSH for an additional sum of $100,000. Leonite and LVGI are to receive 90% and 10% of operating profits from KSH respectively with the following exceptions: (i) LVGI will have priority on the first $50,000 in profits, (ii) Leonite will have priority on the next $450,000 in profits, and (ii) LVGI’s total profits from KSH are capped at $500,000.
Joseph Francella, LVGI’s CEO, stated: “This is a great opportunity for LVGI, Leonite and KetoSports to create a very competitive company with market leading products. Our KetoSports products have been very well received in the marketplace and I’m excited to see Leonite get involved knowing the resources they bring to the table. I expect this to be a win-win-win!”
Savitri Boodram Jones, CEO of Ketosports had this to say: “We have spent the last few years building out our products and developing a dedicated customer base. Our products are well regarded and sought after in the ever growing “Keto” market. With Leonite’s capital investment and involvement, and the continued support from LVGI, we think KSH is perfectly positioned to become a market leader in this category.”
About Limitless Venture Group, Inc.
Limitless Venture Group provides its shareholders with access to leading small and medium-sized businesses focused on growth. Leveraging its permanent capital base, disciplined long-term approach, and actionable expertise, LVGI owns controlling interests in its subsidiaries as it partners with management teams to build businesses with the capacity to unlock significant value for its shareholders. For more information, please visit: www.lvginc.com. The Company currently has three primary subsidiaries: KetoSports Holdings LLC, Rokin, Inc. and Limitless Technology Group, LLC.
About KetoSports Holdings LLC.
KetoSports sells a variety of products under the KetoSports brand, including its flagship exogenous ketone supplements. These products flush the body with ketones, a preferred energy source for the body and brain, within a few minutes of consumption. KetoSports products are essential for anyone who wants to prolong energy reserves for their athletic events or for those who just want to benefit from carb-free, stimulant-free mental energy and enhanced acuity. For more information, please visit www.ketosports.com.
About Rokin, Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology- driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of six hazardous materials commonly found in electronic products. www.rokinvapes.com.
About Limitless Technology Group, LLC.
Limitless Technology Group, LLC, (LTG) is a wholly owned subsidiary of Limitless Venture Group, Inc. and was formed as an Oklahoma limited liability company on July 19, 2022. LTG is focused on developing new and innovative opportunities in the e-commerce, crypto and metaverse markets.
Follow us on Social Media at:
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Disclaimer Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
SOURCE: Limitless Venture Group
]]>Commenting on the updated Note terms, Joseph Francella, LVGI CEO, stated “We are pleased to give our shareholders transparency regarding our senior debt financing. We are executing our e-commerce business plans for Limitless Technology Group, LLC and Rokin Inc. that we envision will produce operating cash flows to service our Note principal and interest payment obligations. By agreeing to a trading volume limit and a fixed conversion price, we enable debt reduction with clear limits on the number of new shares we issue.”
“We are very excited about launching our our e-commerce venture as we are days away from the store opening. Although it will take time to ramp up sales, we are looking to this program to not only provide us revenues and earnings, but to provide us feedback on a growing industry so that we can begin to look for other complimentary markets to develop within. As such, we created a fully owned subsidiary of LVGI called Limitless Technology Group, LLC (LTG). LTG, is a limited liability company formed in the state of Oklahoma and will serve as the entity we will utilize to create new and innovative opportunities in technology, crypto and the metaverse markets.” Exclaimed Devon Diaz, COO.
About Limitless Venture Group, Inc.
Limitless Venture Group provides its shareholders with access to leading small and medium-sized businesses focused on growth. Leveraging its permanent capital base, disciplined long-term approach, and actionable expertise, LVGI owns controlling interests in its subsidiaries as it partners with management teams to build businesses with the capacity to unlock significant value for its shareholders. For more information, please visit: www.lvginc.com.
The Company currently has three primary subsidiaries: Rokin, Inc., KetoSports, Inc. and Jasper Benefit Solutions, LLC.
About Limitless Technology Group, LLC.
Limitless Technology Group, LLC, (LTG) is a wholly owned subsidiary of Limitless Venture Group, Inc. and was formed as an Oklahoma limited liability company on July 19, 2022. LTG is focused on developing new and innovative opportunities in the e-commerce, crypto and metaverse markets.
About Rokin, Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology-driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of six hazardous materials commonly found in electronic products. www.rokinvapes.com
Follow us on Social Media at:
https://www.facebook.com/lvginc
https://twitter.com/lvginc_
Disclaimer Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
SOURCE: Limitless Venture Group
]]>
July 20, 2022 / Limitless Venture Group, Inc. (OTC PINK:LVGI) ("LVGI" or the "Company"), a publicly traded holding company that provides its shareholders with access to investment opportunities in small and medium-sized businesses uniquely positioned for rapid growth is pleased to announce today that it has signed an agreement with G-Venture Group, LLC., a company which specializes in e-commerce store management services, to create an e-commerce store to be hosted on Amazon, Facebook Market, and our own Shopify store to list and sell the highest volume products with the greatest profit margins on these platforms. LVGI has done extensive market research into this type of arrangement, and we believe it can become a solid revenue generating opportunity with good earnings within a relatively short period of time. LVGI will own 100% of this new business, operating under its newly formed company Limitless Technology Group, LLC, and has solely, internally, financed this acquisition/start-up with the assistance of our CEO Joseph Francella.
“I’m once again going all-in on LVGI using my personal relationships, credit and personal assets to back this low interest loan and line-of-credit to begin our newest business venture with no shares or dilution associated with it.” states Joseph Francella, CEO
“In 2017, Amazon's market share of the U.S. e-commerce retail market was 37 percent. As of the date of the last survey completed in 2021, Amazon’s market share now accounts for 50 percent of the entire e-commerce retail market's gross merchandise volume (GMV). These are huge numbers and provide extensive opportunities for on-line business development. Based on our estimates and research, we feel that in one year, our stores could generate roughly $500k in revenues. The goal for LVGI is to open 4 of these ecommerce stores over the next 3 years and generate estimated revenues of $5.5M with close to $1M in EBITDA. With the help of G-Venture Group, LLC., we will be able to bring strong revenues to LVGI in a growing new market opportunity.” States Devon Diaz, COO of LVGI.
"I was absolutely elated when Devon and Joe decided to reach out to my top sales specialist, Scott Weingold. Being able to assist a public company in one of the world's top growing industries is absolutely a dream come true. Especially when working with men of such high caliber as Devon and Joe. Not only do we plan on working with LVGI as a strong, supportive partner, but we also hope to gain decades of experience from them to learn and grow together while simultaneously conquering the industry we know best, E-Commerce. While other agencies are not doing so well because of their lack of infrastructure and expertise, myself and Dillon Stanger (my COO), plan on helping LVGI implement several different e-commerce automation models, including a little bit of dropshipping, transitioning to Fulfilled by Amazon (Amazon FBA), and Fulfilled By Merchant (Amazon FBM). These are models which will be implemented as we complete our migration in transitioning to majority wholesale buying and retail selling. Alongside of our traditional models, we will be implementing Fulfilled By Merchant models with retail arbitrage for an even larger bonus in cash flows. Although we registered the company in 2020, I personally have over 5 years of experience in E-Commerce and as we started gaining traction, I incorporated the company officially and have over 100 clients that we represent. It has been the recent years, however, that have been the most important as this is an ever changing environment and marketplace which has unlimited potential that we plan to take full advantage of with the help of partners like LVGI."
About Limitless Venture Group, Inc.
Limitless Venture Group provides its shareholders with access to leading small and medium-sized businesses focused on growth. Leveraging its permanent capital base, disciplined long-term approach, and actionable expertise, LVGI owns controlling interests in its subsidiaries as it partners with management teams to build businesses with the capacity to unlock significant value for its shareholders.
For more information, please visit: www.lvginc.com.
The Company currently has three primary subsidiaries: Rokin, Inc., KetoSports, Inc. and Jasper Benefit Solutions, LLC.
About Rokin, Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology-driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of six hazardous materials commonly found in electronic products. www.rokinvapes.com
About KetoSports, Inc.
KetoSports products flush the body with ketones, raising blood ketone levels within a few minutes. Because the body and brain use ketones as its preferred energy source and are used first for energy demands, KetoSports products are essential for anyone who wants to prolong energy reserves for their athletic events or for those who just want to benefit from carb-free, stimulant-free mental energy and enhanced acuity.
About Jasper Benefit Solutions, LLC
Jasper Benefit Solutions, LLC (JBS), founded in 2018 with headquarters just outside Nashville, TN, is a Managing General Underwriter (MGU) specializing in risk management services for small to medium self-funded employer "Groups". MGUs, unlike general agents within insurance industries, are certified to underwrite health and life benefits policies on behalf of their carrier-partners. Jasper's niche is the unique ability and authorization from a well-known, nationally recognized insurance carrier to underwrite Groups as small as five (5) employees as well as offering limited benefit insured products for groups with part-time employees not able to participate in their health plans. www.jasperbenefitsolutions.com
Follow us on Social Media at:
https://www.facebook.com/lvginc
Disclaimer Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
SOURCE: Limitless Venture Group
June 30, 2022 / Limitless Venture Group, Inc. (OTC PINK:LVGI) ("LVGI" or the "Company"), a publicly traded holding company that provides its shareholders with access to investment opportunities in small and medium-sized businesses uniquely positioned for rapid growth is pleased to announce today that it has acquired the remaining 49% of, and now owns 100% of, KetoSports, Inc. and the KetoSports brand.
LVGI is in discussions with its institutional investment group about the opportunities available going forward with this brand.
About KetoSports, Inc.
KetoSports products flush the body with ketones, raising blood ketone levels within a few minutes. Because the body and brain use ketones as its preferred energy source and are used first for energy demands, KetoSports products are essential for anyone who wants to prolong energy reserves for their athletic events or for those who just want to benefit from carb-free, stimulant-free mental energy and enhanced acuity.
Follow us on Social Media at:
https://www.facebook.com/
Disclaimer Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
SOURCE: Limitless Venture Group]]>Joseph Francella, CEO, states " we're working very hard behind the scenes to continually grow the company and are thrilled that we have accomplished just that, as these numbers reflect. We are especially pleased and thankful to the Rokin Management team for constantly coming up with new and innovative products to grow their sales and business and accomplishing the best year they have ever had." Mr. Francella further states " we are continually searching out companies to acquire and/or joint venture with to continue this record growth and I feel that 2022 will be another record year for LVGI with expansion into several new and exciting industries including Medical Marijuana and the Metaverse."
"We are excited about 2022 as there are so many possibilities for LVGI." Explains Devon Diaz, COO. "Everything from acquiring a Medical Marijuana cultivation facility or cannabis testing lab to developing property in the metaverse. Over the last few weeks we have been extremely busy negotiating terms to acquire a state of the art medical marijuana facility, here in Oklahoma. This is a tremendous opportunity to work with industry leaders in our own backyard and I feel we have finally removed some of the major hurdles so that we can begin working on the final acquisition agreements. Also, over the last couple of weeks we have been working with Coinbase to help us create a corporate account in order to purchase Decentraland Mana so that we can acquire a piece of property in the meta. The vision we have been discussing is to work with Rokin Vapes on creating a virtual lounge where the public can meet up and enjoy a cool experience of hanging out with like minded individuals while being immersed in a stress free and relaxing environment. Although we are still in the planning and idea stages, the ideas that have been flowing amongst the team have been amazing. Of course, we will keep our shareholders and the public abreast of all our progress as we move forward. If you are not following us on Twitter, I suggest you do so as we try to communicate with our followers daily."
About Limitless Venture Group, Inc.
Limitless Venture Group provides its shareholders with access to leading small and medium-sized businesses focused on growth. Leveraging its permanent capital base, disciplined long-term approach, and actionable expertise, LVGI owns controlling interests in its subsidiaries as it partners with management teams to build businesses with the capacity to unlock significant value for its shareholders.
For more information, please visit: www.lvginc.com.
The Company currently has three primary subsidiaries: Rokin, Inc., KetoSports, Inc. and Jasper Benefit Solutions, LLC.
About Rokin, Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology-driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of six hazardous materials commonly found in electronic products. www.rokinvapes.com
About KetoSports, Inc.
KetoSports products flush the body with ketones, raising blood ketone levels within a few minutes. Because the body and brain use ketones as its preferred energy source and are used first for energy demands, KetoSports products are essential for anyone who wants to prolong energy reserves for their athletic events or for those who just want to benefit from carb-free, stimulant-free mental energy and enhanced acuity.
About Jasper Benefit Solutions, LLC
Jasper Benefit Solutions, LLC (JBS), founded in 2018 with headquarters just outside Nashville, TN, is a Managing General Underwriter (MGU) specializing in risk management services for small to medium self-funded employer "Groups". MGUs, unlike general agents within insurance industries, are certified to underwrite health and life benefits policies on behalf of their carrier-partners. Jasper's niche is the unique ability and authorization from a well-known, nationally recognized insurance carrier to underwrite Groups as small as five (5) employees as well as offering limited benefit insured products for groups with part-time employees not able to participate in their health plans. www.jasperbenefitsolutions.com
Follow us on Social Media at:
https://www.facebook.com/lvginc
https://twitter.com/lvginc
Disclaimer Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
SOURCE: Limitless Venture Group
]]>"Rokin has continued to work hard to increase sales and product offerings. Solid performing products like the Mini Tank continue to generate significant revenue. Furthermore, new products such as the Stinger, a revolutionary electronic dab straw, also attracted a strong consumer following in 2021. In 2022 we will continue to introduce new desirable products including a dry herb device as well several accessories for which our customers have expressed a strong demand," said Daryl Bauer, CEO Rokin.
Joseph Francella CEO states, "I am pleased and proud of Rokin's management on achieving these great revenue numbers, they are working long hours and diligently to make things happen. With continued financing from LVGI we anticipate Rokin 2022 revenues to double 2021s' reaching over 2.6 million dollars." He also states, " Then there is LVGI'S entrance into the Metaverse. We plan to be fully immersed in the Metaverse this year and for the future of LVGI.
Metaverse Update:
LVGI is pleased to announce that it signed a Letter of Intent (LOI) with Devmercs, LLC., to create applications for use in the Metaverse. Devmercs, LLC., (https://devmercs.com) is a software development firm, located in San Antonio, TX, specializing in third party development with everything from shopify websites and SAP based enterprise solutions to mobile applications, where they recently created a street racing metaverse game called Bwaaap (https://bwaaap.com). The LOI defines a time schedule for both parties to create a joint venture company with the purpose of investigating and developing strategies to create applications in the #metaverse, by the end of May, 2022.
"We are excited to be taking our first step forward into the Metaverse ''. exclaims Devon Diaz, COO of Limitless Venture Group, Inc., "The metaverse is a greenfield with plenty of opportunities to develop everything from objects, games and meeting places, to shopping, education and entertainment. Initially, the team at Devmercs will be working with LVGI to research the best entry point into the metaverse and build a project plan to ensure that the team will have a successful product launch with good revenue potential. I have full confidence in David Smith, CEO of Devmercs and his team, that they will be able to create a strong company with high integrity and creativity, and will be a serious player in the meta."
Devmercs, LLC., is thrilled to be working with LVGI to create a joint venture company specializing on development in the metaverse. There are so many places to enter into the meta that it gives our team options to choose from, and past experience has shown me that having options is a good thing when it comes to successful application development. Our team of skilled developers and top notch creatives are ready to roll up our sleeves to begin building in the next generation of social interaction." states David Smith, CEO of Devmercs.
Medical Cannabis Grow Acquisition Update:
Back in early December 2021, LVGI signed an exclusive 60 day LOI to acquire 100% of an Oklahoma medical cannabis grow operation. After extensive due diligence, research and business planning, we have determined that this particular business will most likely not be a good fit for LVGI and its shareholders. Although the facility does have the potential to grow up to 1,200 pounds per year of indoor grown medical cannabis, the estimated investment that will be required for it to reach that potential shows an insufficient ROI within the next three years to make it worth the effort at this point in time. However, LVGI has been interviewing with at least 3 other major medical cannabis grow facilities in Oklahoma and will continue to seriously discuss potential partnerships or acquisitions for those we feel have the best opportunity for success.
"After researching the facility, its products, the market opportunity, future revenue projections and barriers to entry, and having our institutional investors fly up to Oklahoma and view the facility who then gave us the green light to purchase the business if we so decided, I was disappointed that our conclusions were not in line with LVGI's vision of working with this medical cannabis grow facility that can produce immediate revenues with bigger growth potential. That being said, after speaking with multiple other grow facilities, I feel there is a good deal out there, we just need to keep looking for the one that is a win/win for LVGI, its grow partners, and our shareholders." states Joseph Francella, CEO of LVGI.
About Limitless Venture Group, Inc.
Limitless Venture Group provides its shareholders with access to leading small and medium-sized businesses focused on growth. Leveraging its permanent capital base, disciplined long-term approach, and actionable expertise, LVGI owns controlling interests in its subsidiaries as it partners with management teams to build businesses with the capacity to unlock significant value for its shareholders.
For more information, please visit: www.lvginc.com.
The Company currently has three primary subsidiaries: Rokin, Inc., KetoSports, Inc. and Jasper Benefit Solutions, LLC.
About Rokin, Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology-driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of six hazardous materials commonly found in electronic products. www.rokinvapes.com
About KetoSports, Inc.
KetoSports products flush the body with ketones, raising blood ketone levels within a few minutes. Because the body and brain use ketones as its preferred energy source and are used first for energy demands, KetoSports products are essential for anyone who wants to prolong energy reserves for their athletic events or for those who just want to benefit from carb-free, stimulant-free mental energy and enhanced acuity.
About Jasper Benefit Solutions, LLC
Jasper Benefit Solutions, LLC (JBS), founded in 2018 with headquarters just outside Nashville, TN, is a Managing General Underwriter (MGU) specializing in risk management services for small to medium self-funded employer "Groups". MGUs, unlike general agents within insurance industries, are certified to underwrite health and life benefits policies on behalf of their carrier-partners. Jasper's niche is the unique ability and authorization from a well-known, nationally recognized insurance carrier to underwrite Groups as small as five (5) employees as well as offering limited benefit insured products for groups with part-time employees not able to participate in their health plans. www.jasperbenefitsolutions.com
Follow us on Social Media at:
https://www.facebook.com/lvginc
https://twitter.com/lvginc_
Disclaimer Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
SOURCE: Limitless Venture Group
]]>The final numbers are still being compiled by our accountant but preliminary results are showing 2021 annual revenues of around $1.5 million dollars, smashing all previous yearly revenues. Even with those fantastic numbers the company plans on major expansions in 2022. LVGI is still focused on expanding its holdings in the health and wellness industries through acquisitions of companies that we feel are complementary to our vision and have significant growth opportunities. There has been a major shift in the health industry recently with a focus towards Hemp, Cannabis, CDB and its multiple cannabinoids, and THC compounds. A total of 36 states, including the District of Columbia, Guam, Puerto Rico and the U.S. Virgin Islands have already approved comprehensive, publicly available medical marijuana/cannabis programs. Hemp and CBD and its multiple compounds, excluding Delta 8, can be shipped and transported over state lines as they are Federally legal, while THC and cannabis products must remain within the state they are grown. These factors greatly expand the type of companies that are now on LVGI's radar as possible acquisition and/or Joint Venture partners. CBD sales in the U.S. hit $4.6 billion in 2020, a massive number just two years after hemp-derived cannabinoids were federally legalized. This growth is only expected to accelerate, with two notable forecasts projecting a U.S. market of $15 billion by 2025, and the legal cannabis market is expected to reach $43 Billion by 2025, according to Forbes Magazine. LVGI has been involved in these markets in the past, has subsidiaries in them and expects future expansion to include them and then there is the Metaverse.
"We have just completed the best fiscal year in the history of LVGI and I am both ecstatic for that and excited to look forward to 2022, as I know this is just the beginning!" States Joseph Francella, CEO. "We have a continued acknowledgement from our institutional investors to fund our growing expansion both through our existing subsidiaries and through new and exciting acquisition opportunities. With the consolidation of the Medical Marijuana industry in Oklahoma now underway we are seeing many opportunities to refocus on this market. There are many factors that we feel will help the businesses that make it through this consolidation such as the government considering limiting the number of licenses per sector, requiring those with licenses to actually open up businesses and most importantly the state opening up to recreational use. We've already started researching this market and have an LOI with a grow facility, which we are currently working through our due diligence. Also, we plan on following through with one of our original plans to become a fully vertically integrated cannabis company with subsidiaries in the grow, processing, dispensary, testing laboratory and ancillary products industries. We especially see the opportunities in Oklahoma as consolidation is underway and there are many available companies that can produce immediate cash flows and short term ROI's".
Although we want to make sure we are focused on what we can accomplish in the near future, 2022 is the year of the Metaverse and we at LVGI are already in discussions with Devmercs, a San Antonio based tech and development company (https://devmercs.com), to explore options in this emerging market. Devmercs, specializes in third party development with everything from shopify websites and SAP based enterprise solutions to mobile applications, where they recently created a street racing metaverse game called Bwaaap (https://bwaaap.com). We will be working with Devmercs to chart a road map on how LVGI can become a leader in supporting metaverse application development.
"The metaverse is a new world that we do not want LVGI to miss out on being a part of it." says Devon Diaz, COO. "I remember 2008, when a good friend of mine told me I should start looking into application development for the iPhone and I just looked past him. I learned a big lesson from that experience and as such, I feel strongly that LVGI should be prepared to take advantage of metaverse development in its infancy as this is a green pasture and the possibilities are endless. David Smith, CEO of Devmercs and I have a long history working together and I couldn't think of anyone better, and more qualified to help lead LVGI into the metaverse."
"Working with LVGI to come up with the right metaverse applications is going to provide Devmercs an excellent opportunity to launch into a new world; literally. Having been working associates with Devon Diaz and Joseph Francella in the past, I am very familiar with LVGI and its capabilities and look forward to helping create a vision for the future of LVGI and Devmercs." Remarked David Smith, CEO of Devmercs.
About Limitless Venture Group, Inc.
Limitless Venture Group provides its shareholders with access to leading small and medium-sized businesses focused on growth. Leveraging its permanent capital base, disciplined long-term approach, and actionable expertise, LVGI owns controlling interests in its subsidiaries as it partners with management teams to build businesses with the capacity to unlock significant value for its shareholders.
For more information, please visit: www.lvginc.com.
The Company currently has three primary subsidiaries: Rokin, Inc., KetoSports, Inc. and Jasper Benefit Solutions, LLC.
About Rokin, Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology-driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of six hazardous materials commonly found in electronic products. www.rokinvapes.com
About KetoSports, Inc.
KetoSports products flush the body with ketones, raising blood ketone levels within a few minutes. Because the body and brain use ketones as its preferred energy source and are used first for energy demands, KetoSports products are essential for anyone who wants to prolong energy reserves for their athletic events or for those who just want to benefit from carb-free, stimulant-free mental energy and enhanced acuity.
About Jasper Benefit Solutions, LLC
Jasper Benefit Solutions, LLC (JBS), founded in 2018 with headquarters just outside Nashville, TN, is a Managing General Underwriter (MGU) specializing in risk management services for small to medium self-funded employer "Groups". MGUs, unlike general agents within insurance industries, are certified to underwrite health and life benefits policies on behalf of their carrier-partners. Jasper's niche is the unique ability and authorization from a well-known, nationally recognized insurance carrier to underwrite Groups as small as five (5) employees as well as offering limited benefit insured products for groups with part-time employees not able to participate in their health plans. www.jasperbenefitsolutions.com
Follow us on Social Media at:
https://www.facebook.com/lvginc
Disclaimer Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
SOURCE: Limitless Venture Group
]]>The operation has had 1 full outdoor grow season producing around 1,200 pounds of cannabis, according to the owners. Additionally, they currently have approximately 400 plants growing indoors and expect to harvest them this month. Both outdoor and indoor operations have all the necessary equipment, lighting, heating/cooling etc. as necessary to produce quality plants. Additionally, the current staff seems willing to stay on and work with LVGI as necessary. More information will be available and provided once we close on this opportunity.
With the current levels of operations, LVGI surmises there is an ability to grow 1.5 to 2 outdoor harvests. Using the current production numbers that would yield around 1,800 to 2,400 pounds of cannabis annually outdoors. With a saleable low price range of around $1,000 per pound, LVGI's first year of outdoor production, if all goes well, could be worth between $1,800,000 and $2,400,000. Indoors, there is the ability to grow year round and that could mean up to 5 harvests annually. The facility is now operating in about 2,000 sq/ft of space. Again, using current production levels of which there are approximately 400 plants growing, that would mean LVGI's first full year of indoor growing could produce 2,000 plants, which should yield around ¼ pound per plant (per leafy.com), equaling about 500 pounds. Again, at a low price of around $1,000 per pound, that would generate an additional $500,000 annually, making the total annual revenues for LVGI of between $2,300,000 and $2,900,000 YEAR ONE!. There are many variables that would change these numbers dramatically and they are being used only as a reference. There is additional indoor space available that can be converted into grow rooms that could potentially quadruple, up to 8,000 sq/ft, the indoor grow area as well as increasing the usable outdoor area and adding greenhouses to extend the outdoor seasons.
Joseph Francella, CEO states "This is a fantastic opportunity for LVGI and its shareholders. 100% of the facility and operations are being offered along with current inventory, which gives LVGI the opportunity to achieve revenues and profitability almost immediately. Additionally, the current staff has indicated that they would like to stay on with the company to help us grow the operations. Since there are tangible assets, LVGI and the seller are pursuing an all cash purchase, with LVGI financing the acquisition." Furthermore, " Our institutional investor has already given LVGI a strong indication of interest in assisting with the financing of this acquisition and is planning a trip to Oklahoma in the very near future to view the property first-hand.
"With Oklahoma's MMJ dispensaries amassing $385 million in sales through June 2020, it is critical for LVGI to establish a foothold in this market quickly," said Devon Diaz, P.E., COO of LVGI. "Signing an LOI to acquire 100% of an existing Oklahoma grow facility represents tremendous potential that will complement our existing strategy for growth in the health and wellness marketplace. When we complete this deal, it will be our fourth acquisition in the last two years and will open up new opportunities for us to work more closely with our subsidiary Rokin Vapes as they have a great deal of knowledge and connections in this market which could provide great short and long term benefits. Furthermore, with the potential for immediate cash flow, this acquisition will be exactly what will continue to position LVGI for long-term growth and success."
About Limitless Venture Group, Inc.
Limitless Venture Group provides its shareholders with access to leading small and medium-sized businesses focused on growth. Leveraging its permanent capital base, disciplined long-term approach, and actionable expertise, LVGI owns controlling interests in its subsidiaries as it partners with management teams to build businesses with the capacity to unlock significant value for its shareholders.
For more information, please visit: www.lvginc.com.
The Company currently has three primary subsidiaries: Rokin, Inc., KetoSports, Inc. and Jasper Benefit Solutions, LLC.
About Rokin, Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology-driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of six hazardous materials commonly found in electronic products. www.rokinvapes.com
About KetoSports, Inc.
KetoSports products flush the body with ketones, raising blood ketone levels within a few minutes. Because the body and brain use ketones as its preferred energy source and are used first for energy demands, KetoSports products are essential for anyone who wants to prolong energy reserves for their athletic events or for those who just want to benefit from carb-free, stimulant-free mental energy and enhanced acuity.
About Jasper Benefit Solutions, LLC
Jasper Benefit Solutions, LLC (JBS), founded in 2018 with headquarters just outside Nashville, TN, is a Managing General Underwriter (MGU) specializing in risk management services for small to medium self-funded employer "Groups". MGUs, unlike general agents within insurance industries, are certified to underwrite health and life benefits policies on behalf of their carrier-partners. Jasper's niche is the unique ability and authorization from a well-known, nationally recognized insurance carrier to underwrite Groups as small as five (5) employees as well as offering limited benefit insured products for groups with part-time employees not able to participate in their health plans. www.jasperbenefitsolutions.com
Follow us on Social Media at:
https://www.facebook.com/lvginc
Disclaimer Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
SOURCE: Limitless Venture Group, Inc.
Joseph Francella, CEO, states " We are ecstatic that we have been able to achieve this type of quarter over quarter revenue growth with just our current subsidiaries, especially during a time when the Covid 19 pandemic has been such a difficult period for businesses to navigate." Additionally, " we're working on another great quarter and the best annual revenues in company history. Even with all this great news, we are not sitting still and resting on our laurels, we are diligently searching for, and planning on making, strategic acquisitions when the time and the businesses are the correct fit for LVGI and its current subsidiaries".
"The fact that we are showing such strong growth during these last 6 quarters, is a testament to everyone who is involved with LVGI. I am really proud to be around so many great people who are all working together to make LVGI a great company to invest in, work with and grow with." states Devon Diaz, COO.
"We are extremely pleased with this year's increased revenue," said Daryl Bauer, CEO, Rokin. "The successful introduction of our new products like the Stinger and the Dial, in concert with solid sellers like the Mini Tank and our line of accessories and cases has made this period one of strong growth. Furthermore, Rokin is benefiting in a big way from the support provided by LGVI when it comes to inventory and marketing."
About Limitless Venture Group, Inc.
Limitless Venture Group provides its shareholders with access to leading small and medium-sized businesses focused on growth. Leveraging its permanent capital base, disciplined long-term approach, and actionable expertise, LVGI owns controlling interests in its subsidiaries as it partners with management teams to build businesses with the capacity to unlock significant value for its shareholders.
For more information, please visit: www.lvginc.com.
The Company currently has three primary subsidiaries: Rokin, Inc., KetoSports, Inc. and Jasper Benefit Solutions, LLC.
About Rokin, Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology-driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of six hazardous materials commonly found in electronic products. www.rokinvapes.com
About KetoSports, Inc.
KetoSports products flush the body with ketones, raising blood ketone levels within a few minutes. Because the body and brain use ketones as its preferred energy source and are used first for energy demands, KetoSports products are essential for anyone who wants to prolong energy reserves for their athletic events or for those who just want to benefit from carb-free, stimulant-free mental energy and enhanced acuity.
About Jasper Benefit Solutions, LLC
Jasper Benefit Solutions, LLC (JBS), founded in 2018 with headquarters just outside Nashville, TN, is a Managing General Underwriter (MGU) specializing in risk management services for small to medium self-funded employer "Groups". MGUs, unlike general agents within insurance industries, are certified to underwrite health and life benefits policies on behalf of their carrier-partners. Jasper's niche is the unique ability and authorization from a well-known, nationally recognized insurance carrier to underwrite Groups as small as five (5) employees as well as offering limited benefit insured products for groups with part-time employees not able to participate in their health plans. www.jasperbenefitsolutions.com
Follow us on Social Media at:
https://www.facebook.com/lvginc
Disclaimer Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
SOURCE: Limitless Venture Group, Inc.
View source version on accesswire.com:
https://www.accesswire.com/608250/Limitless-Venture-Group-Inc-Generates-Record-Revenues-for-Fiscal-2020
TULSA, OK / ACCESSWIRE /October 14, 2021 / Limitless Venture Group, Inc. (OTC PINK: LVGI) ("LVGI" or the "Company"), a publicly traded holding company that provides its shareholders with access to investment opportunities in small and medium-sized businesses uniquely positioned for rapid growth, is pleased to announce today that it has made a strategic commitment to fund its fast growing subsidiary Rokin, Inc. ("Rokin") for the next four years with a $200,000 injection of capital and a further commitment of $800,000 over the next four years.
"We are just so happy to be working with such an exceptional team of business professionals at Rokin. For the last couple of months, the Rokin team and I have been developing a very detailed 2-year forecast, projecting a realistic growth path that will begin to provide significant revenue sharing for LVGI within the next 12 months and annual revenues at around $3 Million by end of 2022. Rokin has been doing an incredible job of building a trusted brand in the cannabis and CBD market place which will provide an incredible opportunity for expansion in the near future. We look forward to working with Rokin not only to help with their continued growth, but also to assist LVGI with its acquisition strategies." exclaimed Devon Diaz, COO of Limitless Venture Group, Inc.
"We are very pleased to be deepening our relationship with Limitless Venture Group," said Daryl Bauer, CEO, Rokin. "This capital infusion represents a strong vote of confidence in our products and our plan. With this infusion, Rokin will be able to launch its newest product innovations that were in development and expand its product category offering to customers. This Diversification of our product lines will broaden our current market share and further solidify Rokin's continued path to becoming the industry leader in Hemp, CBD and Cannabis vape technology.
Joseph Francella, CEO of Limitless Venture Group, Inc., commented: "We are pleased to be deepening our financial commitment to Rokin. We expect these capital injections will help the Company achieve $10 million in annual sales with approximately $1 million in net profit dollars for LVGI by the end of the 4th year, with a cumulative $27 Million Dollars in total sales for the 4 year period and around 3 Million in net revenue for LVGI ". Mr. Francella further stated " I have been in extensive discussions with our Institutional Investor and they have advanced us funds totaling more than our original convertible note of $750,000, proving their belief in LVGI, its' management team and the willingness to fund our growth into the future ".
According to Transparency Market Research's latest research report on the global cannabis vaporizers market for the historical period of 2017-2019 and the forecast period of 2021-2031, rapid increase in the usage of vaporizers in regions such as North America is providing lucrative opportunities for the global cannabis vaporizers market. Legalization of cannabis in many countries is also fueling the cannabis vaporizers market growth, especially in developing regions. In terms of revenue, the global cannabis vaporizers market is expected to reach the value of US $26.52 Bn by 2031, expanding at a CAGR of 14.1% during the forecast period.
About Limitless Venture Group, Inc.
Limitless Venture Group provides its shareholders with access to leading small and medium-sized businesses focused on growth. Leveraging its permanent capital base, disciplined long-term approach, and actionable expertise, LVGI owns controlling interests in its subsidiaries as it partners with management teams to build businesses with the capacity to unlock significant value for its shareholders.
For more information, please visit: www.lvginc.com.
The Company currently has three primary subsidiaries: Jasper Benefit Solutions, LLC, Rokin, Inc., and KetoSports, Inc.
About Jasper Benefit Solutions, LLC
Jasper Benefit Solutions, LLC (JBS), founded in 2018 with headquarters just outside Nashville, TN, is a Managing General Underwriter (MGU) specializing in risk management services for small to medium self-funded employer "Groups". MGUs, unlike general agents within insurance industries, are certified to underwrite health and life benefits policies on behalf of their carrier-partners. Jasper's niche is the unique ability and authorization from a well-known, nationally recognized insurance carrier to underwrite Groups as small as five (5) employees as well as offering limited benefit insured products for groups with part-time employees not able to participate in their health plans. www.jasperbenefitsolutions.com
About Rokin, Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology-driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of six hazardous materials commonly found in electronic products. www.rokinvapes.com
About KetoSports, Inc.
KetoSports products flush the body with ketones, raising blood ketone levels within a few minutes. Because the body and brain use ketones as its preferred energy source and are used first for energy demands, KetoSports products are essential for anyone who wants to prolong energy reserves for their athletic events or for those who just want to benefit from carb-free, stimulant-free mental energy and enhanced acuity.
Follow us on Social Media at:
https://www.facebook.com/lvginc
Disclaimer Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
]]>Rokin plans to exhibit several new products such as the Stinger Vaporizer along with the Company's current popular models. CHAMPS TRADE SHOWS has established itself as the premier counterculture, business-to-business trade expo serving the smoke shop industry and is an industry leader with several shows in multiple states annually. These events offer a platform for professionals who are seeking to grow in their market sectors and gain current knowledge and product opportunities to better leverage their business in a thriving marketplace. Please visit Rokin at booth #8155 using the map below at:
.
Joe Francella, CEO of Limitless Venture Group, Inc., commented: 'We are excited to be exhibiting our Rokin products at the Champs trade show this week in Las Vegas. This is a great opportunity for existing and prospective customers to meet with us, view our innovative, value-oriented products with industry leading vape technology, and should allow Rokin to generate more brand awareness within the industry. We also hope to learn more about current industry trends while exploring opportunities to expand our potential customer, supplier, and partnering relationships at this exciting and well attended event."
About Limitless Venture Group, Inc.
Limitless Venture Group provides its shareholders with access to leading small and medium-sized businesses focused on growth. Leveraging its permanent capital base, disciplined long-term approach, and actionable expertise, LVGI owns controlling interests in its subsidiaries as it partners with management teams to build businesses with the capacity to unlock significant value for its shareholders.
For more information, please visit: www.lvginc.com.
The Company currently has three primary subsidiaries: Jasper Benefit Solutions, LLC, Rokin, Inc., and KetoSports, Inc.
About Rokin, Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology-driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of six hazardous materials commonly found in electronic products. www.rokinvapes.com
About KetoSports, Inc.
KetoSports products flush the body with ketones, raising blood ketone levels within a few minutes. Because the body and brain use ketones as its preferred energy source and are used first for energy demands, KetoSports products are essential for anyone who wants to prolong energy reserves for their athletic events or for those who just want to benefit from carb-free, stimulant-free mental energy and enhanced acuity.
Follow us on Social Media at:
https://www.facebook.com/lvginc https://twitter.com/lvginc
About Jasper Benefit Solutions, LLC
Jasper Benefit Solutions, LLC (JBS), founded in 2018 with headquarters just outside Nashville, TN, is a Managing General Underwriter (MGU) specializing in risk management services for small to medium self-funded employer 'Groups'. MGUs, unlike general agents within insurance industries, are certified to underwrite health and life benefits policies on behalf of their carrier-partners. Jasper's niche is the unique ability and authorization from a well-known, nationally recognized insurance carrier to underwrite Groups as small as five (5) employees as well as offering limited benefit insured products for groups with part-time employees not able to participate in their health plans. www.jasperbenefitsolutions.com
Disclaimer Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as 'expects,' 'intends,' 'plans,' 'may,' 'could,' 'should,' 'anticipates,' 'likely,' 'believes' and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
Company Contact:
Investor Relations Contact:
Skyline Corporate Communications Group, LLC
Lisa Gray, Senior Account Manager
One Rockefeller Plaza, 11th Floor
New York, NY 10020
Office: (646) 893-5835
Email: lisa@skylineccg.com
SOURCE: Limitless Venture Group, Inc.
]]>Rokin's revenue for the month of May 2021 was $196,803, primarily due to the launch and robust sales of several new products such as the Stinger Vaporizer, which uses a uniquely designed heated ceramic tip combined with a removable water-filtration chamber. The Stinger features a durable metal body and an easy to fill water chamber that cools down the vapor to a comfortable temperature and enhances the flavor of concentrates.
Rokin plans to exhibit this new technology along with the Company's current popular models at the upcoming Champs trade show being held July 27 th - 30 th at the Las Vegas Convention Center. CHAMPS TRADE SHOWS has established itself as the premier counterculture, business-to-business trade expo serving the smoke shop industry and is an industry leader with several shows in multiple states annually.
Devon Diaz, COO of Limitless Venture Group, Inc., commented: 'Rokin is setting the market on fire and quickly becoming the most recognized company in leading vape technology. Our Company is producing vapes with the most powerful electronic dab straw on the market. No longer will customers need to rely on the older, and not always reliable, and more expensive concentrate pen technology with this impressive handheld device which costs less than $100. Rokin is establishing itself as an industry leader, delivering on its mission of ingenuity, high quality and value-oriented products that are growing rapidly in popularity."
About Limitless Venture Group, Inc.
Limitless Venture Group provides its shareholders with access to leading small and medium-sized businesses focused on growth. Leveraging its permanent capital base, disciplined long-term approach, and actionable expertise, LVGI owns controlling interests in its subsidiaries as it partners with management teams to build businesses with the capacity to unlock significant value for its shareholders.
For more information, please visit: www.lvginc.com.
The Company currently has three primary subsidiaries: Jasper Benefit Solutions, LLC, Rokin, Inc., and KetoSports, Inc.
About Jasper Benefit Solutions, LLC
Jasper Benefit Solutions, LLC (JBS), founded in 2018 with headquarters just outside Nashville, TN, is a Managing General Underwriter (MGU) specializing in risk management services for small to medium self-funded employer 'Groups'. MGUs, unlike general agents within insurance industries, are certified to underwrite health and life benefits policies on behalf of their carrier-partners. Jasper's niche is the unique ability and authorization from a well-known, nationally recognized insurance carrier to underwrite Groups as small as five (5) employees as well as offering limited benefit insured products for groups with part-time employees not able to participate in their health plans. www.jasperbenefitsolutions.com
About Rokin, Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology-driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of six hazardous materials commonly found in electronic products. www.rokinvapes.com
About KetoSports, Inc.
KetoSports products flush the body with ketones, raising blood ketone levels within a few minutes. Because the body and brain use ketones as its preferred energy source and are used first for energy demands, KetoSports products are essential for anyone who wants to prolong energy reserves for their athletic events or for those who just want to benefit from carb-free, stimulant-free mental energy and enhanced acuity.
Follow us on Social Media at:
https://www.facebook.com/lvginc https://twitter.com/lvginc
Disclaimer Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as 'expects,' 'intends,' 'plans,' 'may,' 'could,' 'should,' 'anticipates,' 'likely,' 'believes' and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
Company Contact:
info@lvginc.com
www.lvginc.com
Investor Relations Contact:
Skyline Corporate Communications Group, LLC
Lisa Gray, Senior Account Manager
One Rockefeller Plaza, 11th Floor
New York, NY 10020
Office: (646) 893-5835
Email: lisa@skylineccg.com
SOURCE: Limitless Venture Group, Inc.
Skyline Corporate Communications Group, LLC, with offices in Boston and New York City, is an investor relations and corporate communications firm that provides strategic messaging and investor communications consulting services for public corporations. Skyline provides strategic assistance for companies in the financial markets and investment community by assisting them to effectively communicate their corporate message and competitive advantages.
Joseph Francella, CEO of Limitless Venture Group, Inc., commented: 'Our recent operating activities, growth objectives, and expected corporate milestones prompted LVGI to select Skyline as our investor relations representative. We are eyeing the cannabis and hemp markets for additional future growth opportunities, seeking to close on the acquisition of a third-party administrator ("TPA"), and have a strong financial position with record revenues for fiscal year 2020. LVGI believes that Skyline's strong reputation, communications strategies, methodologies, and standards are an excellent pairing for us as we enter into a growth phase for the Company, and we want to have a skilled partner working closely with us when communicating our message to the investing public. We are a diamond in the rough and Skyline will bring the attention needed to get our message out and make LVGI shine through."
Scott Powell, President & CEO of Skyline Corporate Communications Group, LLC, commented: "We are very pleased to welcome Limitless Venture Group, Inc. to our compelling and growing base of diverse clients. LVGI is entering an exciting development and expansion phase, and we are delighted to provide assistance in effectively and strategically communicating this message to its existing and prospective shareholder base."
About Limitless Venture Group, Inc.
Limitless Venture Group provides its shareholders with access to leading small and medium-sized businesses focused on growth. Leveraging its permanent capital base, disciplined long-term approach, and actionable expertise, LVGI owns controlling interests in its subsidiaries as it partners with management teams to build businesses with the capacity to unlock significant value for its shareholders.
For more information, please visit: www.lvginc.com.
The Company currently has three primary subsidiaries: Jasper Benefit Solutions, LLC, Rokin, Inc., and KetoSports, Inc.
About Jasper Benefit Solutions, LLC
Jasper Benefit Solutions, LLC (JBS), founded in 2018 with headquarters just outside Nashville, TN, is a Managing General Underwriter (MGU) specializing in risk management services for small to medium self-funded employer 'Groups'. MGUs, unlike general agents within insurance industries, are certified to underwrite health and life benefits policies on behalf of their carrier-partners. Jasper's niche is the unique ability and authorization from a well-known, nationally recognized insurance carrier to underwrite Groups as small as five (5) employees as well as offering limited benefit insured products for groups with part-time employees not able to participate in their health plans. www.jasperbenefitsolutions.com
About Rokin, Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology-driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of six hazardous materials commonly found in electronic products. www.rokinvapes.com
About KetoSports, Inc.
KetoSports products flush the body with ketones, raising blood ketone levels within a few minutes. Because the body and brain use ketones as its preferred energy source and are used first for energy demands, KetoSports products are essential for anyone who wants to prolong energy reserves for their athletic events or for those who just want to benefit from carb-free, stimulant-free mental energy and enhanced acuity.
Follow us on Social Media at:
https://www.facebook.com/lvginc https://twitter.com/lvginc
Disclaimer Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as 'expects,' 'intends,' 'plans,' 'may,' 'could,' 'should,' 'anticipates,' 'likely,' 'believes' and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
Company Contact:
About Skyline Corporate Communications Group, LLC
Skyline Corporate Communications Group, LLC provides strategic investor relations and corporate communications advisory services to public and late-stage private companies globally. Our team has worked with scores of U.S. listed public companies from around the globe across diverse industries and various market caps. We have experience with shareholder activism and crisis communications, and also work with late-stage private companies to help prepare them to enter the public marketplace. www.skylineccg.com
Investor Relations Contact:
Skyline Corporate Communications Group, LLC
Lisa Gray, Senior Account Manager
One Rockefeller Plaza, 11th Floor
New York, NY 10020
Office: (646) 893-5835
Email: lisa@skylineccg.com
SOURCE: Limitless Venture Group, Inc.
TULSA, OK / ACCESSWIRE / May 5, 2021 / Limitless Venture Group, Inc. (OTC PINK:LVGI), a publicly-traded holding company that provides its shareholders with access to investment opportunities in small and medium-sized businesses uniquely positioned for rapid growth, today reported it has received all the requested Due Diligence material and is now in the process of reviewing that material and anticipates closing this deal by the end of this quarter, June 30, 2021.
"We are working through all the financials and business related documents as well as discussing with the current owner what his vision is for his company now that he will be a part of the LVGI family of companies and how we can grow his business exponentially over the next few years" states Joseph Francella, CEO of LVGI.
A third party administrator, otherwise known as a TPA, is a business organization that performs administrative services for a health plan such as billing, plan design, claims processing, record keeping, and regulatory compliance activities.TPAs help with the design, launch, and ongoing management of a health plan. TPA services are normally configured to the needs of the client. Examples of services that a third-party administrator could potentially provide a health plan are:
TPAs are often used with self-insured health plans where the organization wants the savings associated with self-insuring but not all the operational work that goes with those savings. Self-funded health plans are governed by ERISA and TPAs supporting an ERISA health plan must comply with ERISA's requirements including fiduciary responsibilities. The Society of Professional Benefit Administrators estimates that 60 percent of U.S. workers with non-federal benefits are in health plans using third-party administrator services.
Our subsidiary, Jasper Benefits Solutions, will be an integral part of, work hand-in-hand with, and generate revenues from our TPA to create the stop loss coverage giving their clients the best coverage for the lowest cost.
"This is confirmation that we are going in the right direction." says Devon Diaz, P.E.,COO of Limitless Venture Group, Inc. "We have been working on this vision for almost a year now and we are enthusiastic about the fact that it is coming to fruition. This is just the beginning for LVGI as it is our intention to become a major player in the employer sponsored health care industry."
About Limitless Venture Group, Inc.
Limitless Venture Group provides its shareholders with access to leading small and medium-sized businesses focused on growth. Leveraging its permanent capital base, disciplined long-term approach, and actionable expertise, LVGI owns controlling interests in its subsidiaries as it partners with management teams to build businesses with the capacity to unlock significant value for its shareholders.
For more information, please visit: www.lvginc.com.
The Company currently has three primary subsidiaries: Jasper Benefit Solutions, LLC, Rokin, Inc., and KetoSports, Inc.
About Jasper Benefit Solutions, LLC
Jasper Benefit Solutions, LLC (JBS), founded in 2018 with headquarters just outside Nashville, TN, is a Managing General Underwriter (MGU) specializing in risk management services for small to medium self-funded employer "Groups". MGUs, unlike general agents within insurance industries, are certified to underwrite health and life benefits policies on behalf of their carrier-partners. Jasper's niche is the unique ability and authorization from a well-known, nationally recognized insurance carrier to underwrite Groups as small as five (5) employees as well as offering limited benefit insured products for groups with part-time employees not able to participate in their health plans. www.jasperbenefitsolutions.com
About Rokin, Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology-driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of six hazardous materials commonly found in electronic products. www.rokinvapes.com
About KetoSports, Inc.
KetoSports products flush the body with ketones, raising blood ketone levels within a few minutes. Because the body and brain use ketones as its preferred energy source and are used first for energy demands, KetoSports products are essential for anyone who wants to prolong energy reserves for their athletic events or for those who just want to benefit from carb-free, stimulant-free mental energy and enhanced acuity.
www.ketosports.com
Follow us on Social Media at:
https://www.facebook.com/lvginc
https://twitter.com/lvginc
Disclaimer Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
"I'm euphoric to report such rapid growth for 2020 especially during the COVID-19 Epidemic in which most companies saw major downturns, and very impressed with our subsidiaries management teams for doing such a great job in generating these fantastic revenues in less than one year with LVGI" says LVGI CEO Joseph Francella who added, "with Rokin's projected revenues, KetoSports renewed branding and marketing, Jaspers expansion and hopefully an additional acquisition or two I believe 2021 will be another record year for revenues with projections for these companies annual revenues of around 10 Million Dollars".
"I am so happy with our achievements and growth over the past year as it is inspiring us to look bigger and bolder. With ongoing negotiations to acquire Third Party Administrators in the Employer sponsored health care space to future expansion opportunities with Rokin and KetoSports, the sky's the limit. My excitement is that we have shown we can execute during the toughest of economic times there is really nothing LVGI cannot accomplish with the partnerships and teams we have acquired to this point. Our success has fueled my enthusiasm about the next year and the years to follow as we are seeing abundant opportunities on the horizon." States Devon Diaz, COO
About Limitless Venture Group, Inc.
Limitless Venture Group provides its shareholders with access to leading small and medium-sized businesses focused on growth. Leveraging its permanent capital base, disciplined long-term approach, and actionable expertise, LVGI owns controlling interests in its subsidiaries as it partners with management teams to build businesses with the capacity to unlock significant value for its shareholders.
For more information, please visit: www.lvginc.com.
The Company currently has three primary subsidiaries: Jasper Benefit Solutions, LLC, Rokin, Inc., and KetoSports, Inc.
About Jasper Benefit Solutions, LLC
Jasper Benefit Solutions, LLC (JBS), founded in 2018 with headquarters just outside Nashville, TN, is a Managing General Underwriter (MGU) specializing in risk management services for small to medium self-funded employer "Groups". MGUs, unlike general agents within insurance industries, are certified to underwrite health and life benefits policies on behalf of their carrier-partners. Jasper's niche is the unique ability and authorization from a well-known, nationally recognized insurance carrier to underwrite Groups as small as five (5) employees as well as offering limited benefit insured products for groups with part-time employees not able to participate in their health plans.
www.jasperbenefitsolutions.com
About Rokin, Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology-driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of six hazardous materials commonly found in electronic products.
About KetoSports, Inc.
KetoSports products flush the body with ketones, raising blood ketone levels within a few minutes. Because the body and brain use ketones as its preferred energy source and are used first for energy demands, KetoSports products are essential for anyone who wants to prolong energy reserves for their athletic events or for those who just want to benefit from carb-free, stimulant-free mental energy and enhanced acuity.
Follow us on Social Media at:
https://www.facebook.com/lvginc
https://twitter.com/lvginc
Disclaimer Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
Company Contact:
SOURCE: Limitless Venture Group, Inc.
]]>TULSA, OK / ACCESSWIRE / April 6, 2021 / Limitless Venture Group, Inc. (OTC PINK:LVGI):
Las Vegas based-Rokin-a leader in vaping technology and accessories-announced the best quarterly revenues in company history. The boost came largely from an agreement with a well-known cannabis industry company to purchase over $450,000 in cartridges annually from Rokin. With this new agreement and other new products coming to market this year Rokin raised its projected annual revenues to over 3.5 Million Dollars.
"This relationship has benefited both parties," said Daryl Bauer, CEO, Rokin. "Our supplying cartridges to one of the major cannabis industry companies in the United States means big sales numbers for us. On their side, their customers get our high-quality cartridges filled with their top shelf product. We are all very pleased with the result."
Rokin also released the highly anticipated Stinger dab straw for use with concentrates. Employing a uniquely designed ceramic tip in combination with a removable water-filtration chamber, Stinger is the most convenient dab straw on the market.
The Stinger's easy-to-fill water chamber cools the vapor to a comfortable temperature and enhances the flavor of concentrates. Users can vape concentrates right from the container or use any silicone dab mat with ease. Rokins' powerful 1100 mAh battery heats up the ceramic tip in a matter of seconds and provides hours of dabbing without the need to recharge.
"We are completely sold out with our pre-sales of The Stinger, announced Daryl Bauer, CEO, Rokin "The market knows a great product. The Stinger is already sold out in pre-sale because its convenience is going to revolutionize concentrate use like nothing else."
Other Rokin products are also selling at a record pace. These include the Dial and ever-popular Mini Tank. These should ensure Rokin has its' best year ever.
"Congratulations to the Rokin team for outstanding record quarterly revenues and annual revenue projections of over 300% compared to their best year ever in 2019. I'm proud to be a part of the Rokin family. They are industry leaders with their innovative designs and technology" states Joseph Francella, CEO LVGI, "and further congratulations for making the cover of the March issue of B2B Wholesaler Magazine".
About Rokin
Founded in 2016 in Las Vegas, Nevada Rokin provides its customers with the highest quality technology-driven vaping products available while delivering affordability and exceptional customer service. A family owned and operated business, Rokin rapidly engineers and modifies new and existing products to stay consistently on the cutting edge of vaping technology. Rokin's current product offerings include, The Stinger, The Dial, The Quick Draw, Rage, The Mini Tank and numerous vaping accessories. To learn more, please see www.rokinvapes.com.
About Limitless Venture Group
Limitless Venture Group provides its shareholders with access to leading small and medium-sized businesses focused on growth. Leveraging its permanent capital base, disciplined long-term approach, and actionable expertise, LVGI owns controlling interests in its subsidiaries as it partners with management teams to build businesses with the capacity to unlock significant value for its shareholders.
For more information, please visit: www.lvginc.com.
The Company currently has three primary subsidiaries: Jasper Benefit Solutions, LLC, Rokin, Inc., and KetoSports, Inc.
Follow us on Social Media at:
https://www.facebook.com/lvginc https://twitter.com/lvginc
Disclaimer Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
Company Contact:
SOURCE: Limitless Venture Group, Inc.
]]>Joseph Francella, LVGI CEO, states "I am excited to make this announcement. It shows our business model is correct and working for all our shareholders. This is the next step in our 3-year plan of acquiring 104,000 employee-lives under management and based on our analysis, that has the potential to generate annual revenues of approximately $55 million".
LVGI COO Devon Diaz adds, "When completed, this will be a major acquisition for LVGI as it will allow us to continue to grow our vision of developing a world class TPA that will provide employees access to the best healthcare programs in the United States while at the same time, helping employers control their healthcare expenditures. We hope to close this acquisition by the end of March/beginning of April and at least 2 more TPA acquisitions before the end of summer as we have been receiving positive interest from TPA's that hope to be a part of the LVGI vision."
A third party administrator, otherwise known as a TPA, is a business organization that performs administrative services for a health plan such as billing, plan design, claims processing, record keeping, and regulatory compliance activities.TPAs help with the design, launch, and ongoing management of a health plan. TPA services are normally configured to the needs of the client. Examples of services that a third-party administrator could potentially provide a health plan are:
TPAs are often used with self-insured health plans where the organization wants the savings associated with self-insuring but not all the operational work that goes with those savings. Self-funded health plans are governed by ERISA and TPAs supporting an ERISA health plan must comply with ERISA's requirements including fiduciary responsibilities. The Society of Professional Benefit Administrators estimates that 60 percent of U.S. workers with non-federal benefits are in health plans using third-party administrator services.
Our subsidiary, Jasper Benefits Solutions, will be an integral part of, work hand-in-hand with, and generate revenues from our TPA to create the stop loss coverage giving their clients the best coverage for the lowest cost.
In other company news: Rokin has blasted revenues for January and February 2021 that are 60% better than the same period last year. KetoSports is still rebranding and we anticipate revenue growth to get back on track next quarter. Both of these subsidiaries will benefit from our TPA business model and vision of bringing the best healthcare, with care being the operative word here, to the marketplace.
About Limitless Venture Group, Inc.
Limitless Venture Group provides its shareholders with access to leading small and medium-sized businesses focused on growth. Leveraging its permanent capital base, disciplined long-term approach, and actionable expertise, LVGI owns controlling interests in its subsidiaries as it partners with management teams to build businesses with the capacity to unlock significant value for its shareholders.
For more information, please visit: www.lvginc.com.
The Company currently has three primary subsidiaries: Jasper Benefit Solutions, LLC, Rokin, Inc., and KetoSports, Inc.
About Jasper Benefit Solutions, LLC
Jasper Benefit Solutions, LLC (JBS), founded in 2018 with headquarters just outside Nashville, TN, is a Managing General Underwriter (MGU) specializing in risk management services for small to medium self-funded employer "Groups". MGUs, unlike general agents within insurance industries, are certified to underwrite health and life benefits policies on behalf of their carrier-partners. Jasper's niche is the unique ability and authorization from a well-known, nationally recognized insurance carrier to underwrite Groups as small as five (5) employees as well as offering limited benefit insured products for groups with part-time employees not able to participate in their health plans.
www.jasperbenefitsolutions.com
About Rokin, Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology-driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of six hazardous materials commonly found in electronic products.
About KetoSports, Inc.
KetoSports products flush the body with ketones, raising blood ketone levels within a few minutes. Because the body and brain use ketones as its preferred energy source and are used first for energy demands, KetoSports products are essential for anyone who wants to prolong energy reserves for their athletic events or for those who just want to benefit from carb-free, stimulant-free mental energy and enhanced acuity.
Follow us on Social Media at:
https://www.facebook.com/lvginc https://twitter.com/lvginc
Disclaimer Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
Company Contact:
SOURCE: Limitless Venture Group, Inc.
]]>Commenting on the change in fiscal year end, Joseph Francella, the Company's Chief Executive Officer, said "With our acquisitions of majority interests in Jasper Benefit Solutions, LLC in November 2020, KetoSports, Inc. in August 2020 and Rokin Inc. in May 2020, all of which have December 31 fiscal years, we determined that now is ideal time to align all of our financial reporting to a December 31 fiscal year."
"Sales of Rokin's products are the primary driver for our revenue growth to record levels, with Rokin's line of vape batteries leading the way. We look forward to KetoSports and Jasper delivering revenue growth that further enhances our overall financial performance and builds value for our shareholders."
About Limitless Venture Group, Inc.
Limitless Venture Group provides its shareholders with access to leading small and medium-sized businesses focused on growth. Leveraging its permanent capital base, disciplined long-term approach, and actionable expertise, LVGI owns controlling interests in its subsidiaries as it partners with management teams to build businesses with the capacity to unlock significant value for its shareholders.
For more information, please visit: www.lvginc.com.
The Company currently has three primary subsidiaries: Jasper Benefit Solutions, LLC, Rokin, Inc., and KetoSports, Inc.
About Jasper Benefit Solutions, LLC
Jasper Benefit Solutions, LLC (JBS), founded in 2018 with headquarters just outside Nashville, TN, is a Managing General Underwriter (MGU) specializing in risk management services for small to medium self-funded employer "Groups". MGUs, unlike general agents within insurance industries, are certified to underwrite health and life benefits policies on behalf of their carrier-partners. Jasper's niche is the unique ability and authorization from a well-known, nationally recognized insurance carrier to underwrite Groups as small as five (5) employees as well as offering limited benefit insured products for groups with part-time employees not able to participate in their health plans.
www.jasperbenefitsolutions.com
About Rokin, Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology-driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of six hazardous materials commonly found in electronic products.
www.rokinvapes.com
About KetoSports, Inc.
KetoSports products flush the body with ketones, raising blood ketone levels within a few minutes. Because the body and brain use ketones as its preferred energy source and are used first for energy demands, KetoSports products are essential for anyone who wants to prolong energy reserves for their athletic events or for those who just want to benefit from carb-free, stimulant-free mental energy and enhanced acuity.
www.ketosports.com
Follow us on Social Media at:
https://www.facebook.com/lvginc
https://twitter.com/lvginc
Disclaimer Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
Company Contact:
]]>Dear Valued Shareholder,
Allow me to begin by expressing deep gratitude to all of our shareholders for your loyalty, patience, and commitment. Today, I would like to provide you with a more thorough and detailed understanding of our vision, our current status, further insights into our emerging model, what we have recently accomplished, and what we are focused on achieving next.
First off, we are extremely excited about the path in front of us after making several significant majority acquisitions over the past year. Those moves have already begun to pay off. While we did see new Company record revenues in our quarter ending September 30, 2020, we believe we are heading for scaling growth as our roll-up strategy in the healthcare benefits space picks up steam in 2021.
To briefly recap recent events, we have closed on three majority acquisitions since our strategic shift early last year.
Our first two moves were centered in the broad arena of supplements and wellness, beginning with Rokin Inc. and KetoSports, Inc., which were both closed before the end of summer last year.
Closing the Rokin deal solidified our ability to raise capital on preferential terms, which allowed us to close the KetoSports deal. Those acquisitions propelled the Company to new record financial performance, which provided us with the financial relationships and foundation necessary to power our aggressive entrance into a $250 billion healthcare market segment - specifically, our roll-up strategy in the rapidly growing employer-sponsored health and wellness benefits space, where we see enormous promise and a lack of prohibitive competition.
To both de-risk and expedite our strategy in the benefits space, we partnered with an industry executive and entrepreneur, Jason Bennett, CEO of gsd.health, a consulting and innovation company, to consult on strategy as well as provide deal flow advisory and business development services. Subsequently, we closed our first acquisition as part of this strategy (Jasper Benefit Solutions, LLC) early last month through an equity and capitalization agreement. Jasper is a Managing General Underwriter (MGU) specializing in risk management services for small to medium self-funded employer "Groups".
We are actively engaged with two (2) prospect acquisition targets in the same broad space, and we have the financial backing to allow us to proceed with fresh deals and continue to scale this strategy. Our goal right now is to close one new high-quality acquisition in line with this strategy each quarter over the next thirty-six months and beyond.
Our recent strategic partnership with Nexus Insurance Marketing Group, LLC, is another strong piece of that puzzle. As I recently outlined, we have a three-year topline projection for this space of acquiring 104,000 employee-lives under management. Based on our analysis, that has the potential to generate annual revenues of approximately $55 million.
We also continue to be excited by the performance potential of both Rokin and KetoSports. Each is positioned to increase market share in a high growth industry, and each has already demonstrated positive trends. Rokin has outperformed our initial expectations despite a miserable macro environment over the past year, while we are rebranding KetoSports to be the industry leader once again.
With positive top-down factors in front of us this year, including additional anticipated stimulus and a more normalized operating environment following widespread vaccine distribution, we anticipate continued robust growth from these enterprises, which will further solidify our financial foundation as we invest in future growth and expansion.
Finally, once again, we are grateful for your commitment and patience as we navigate this exciting path. I look forward to updating you again very soon as we accomplish fresh milestones.
Best Regards
Joseph Francella
Chief Executive Officer
About Limitless Venture Group, Inc.
Limitless Venture Group provides its shareholders with access to leading small and medium-sized businesses focused on growth. Leveraging its permanent capital base, disciplined long-term approach, and actionable expertise, LVGI owns controlling interests in its subsidiaries as it partners with management teams to build businesses with the capacity to unlock significant value for its shareholders.
For more information, please visit: www.lvginc.com
The Company currently has three primary subsidiaries: Jasper Benefit Solutions, LLC, Rokin, Inc., and KetoSports, Inc.
About Jasper Benefit Solutions, LLC
Jasper Benefit Solutions, LLC (JBS), founded in 2018 with headquarters just outside Nashville, TN, is a Managing General Underwriter (MGU) specializing in risk management services for small to medium self-funded employer "Groups". MGUs, unlike general agents within insurance industries, are certified to underwrite health and life benefits policies on behalf of their carrier-partners. Jasper's niche is the unique ability and authorization from a well-known, nationally recognized insurance carrier to underwrite Groups as small as five (5) employees as well as offering limited benefit insured products for groups with part-time employees not able to participate in their health plans.
www.jasperbenefitsolutions.com
About Rokin, Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology-driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of six hazardous materials commonly found in electronic products.
About KetoSports, Inc.
KetoSports products flush the body with ketones, raising blood ketone levels within a few minutes. Because the body and brain use ketones as its preferred energy source and are used first for energy demands, KetoSports products are essential for anyone who wants to prolong energy reserves for their athletic events or for those who just want to benefit from carb-free, stimulant-free mental energy and enhanced acuity.
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Disclaimer Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
]]>TULSA, OK / ACCESSWIRE / August 18, 2020 / Limitless Venture Group, Inc. ("Limitless") (OTC PINK:LVGI) today announced it has closed on a $750,000 convertible note through Craft Capital Management, LLC, a New York Broker Dealer and Investment Bank. These funds will be used to finalize the acquisition of a majority interest in KetoSports, Inc., to hire a marketing team to increase internet awareness and sales for both KetoSports and our subsidiary Rokin products, to retain an investor relations and press release firm to assist LVGI with ongoing communications in order to strengthen our ties with the investment community, and expand LVGI and its current and future subsidiaries.
KetoSports, Inc., based in Illinois, is synonymous with effective energy and health supplementation. The company began marketing its flagship keto product, KetoForce, in the USA in 2012. For those who consume carbohydrates, ketones act as an immediate fuel source, delaying the use of glucose for energy until ketones are low and/or depleted. This means that energy is prolonged for a substantially longer period-of-time. KetoSports, Inc. products contain no dairy, no animal byproducts, no lactose, no gluten and are free from artificial colors, sweeteners and flavors; they are U.S. made and Paleo & Keto-Friendly.
Rokin, Inc. founded in 2016 in Nevada, provides its customers with the highest quality, technology-driven vaping products available for the cannabis and cbd markets. The company's goal is to gain market share in vaping by providing users with high value, superior performing products at affordable prices.
Joseph Francella, CEO of Limitless, said, "the close of this financing enables our company to complete the acquisition of both KetoSports, Inc. and Rokin. Both of these companies are poised to grow, thanks to their continued acquisition of significant market share in their respective niche industries, both of which are booming. Over the last few years, we have been working with Craft Capital on a relationship that will position us to obtain the capital for both these two acquisitions, as well as future acquisitions. Our first round of financing, a convertible note, has been completed without any major dilution of shares. We are now ready to hire a marketing team to grow sales at both companies. In addition, we are interviewing auditing firms, so we can ultimately become a fully reporting company and uplist our security to an exchange. This will provide LVGI with more visibility and prestige, as our goals is to attract and acquire additional profitable companies to complement our vision and mission."
Devon Diaz, COO of Limitless, said, "closing the deal with KetoSports is monumental and, along with Rokin, creates a profitable foundation for additional acquisitions. We are looking at a number of strong prospects in the health and wellness space. I am excited to be a part of this amazing team and I am looking forward to building a strong company with excellent shareholder value ."
About Limitless Venture Group, Inc.
Limitless Venture Group, Inc. (LVGI) is a holding company that produces, distributes and markets various product lines through its subsidiaries with a non-stop vision of expansion through additional majority acquisitions.
About Rokin, Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology-driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of six hazardous materials commonly found in electronic products.
]]>The plan includes a 1-for-300 stock split which will see the company consolidate all of its outstanding common shares on the basis of one common share for every 300 common shares currently outstanding, rounding up fractional shares. That consolidation will be effective tomorrow, July 9, 2020 and will leave the company with 14,000,000 shares authorized and 12,916.667 shares issued and outstanding. Additionally, the company will start trading under the new symbol "LVGID" for the immediate 20 business days and then revert back to our original symbol "LVGI".
This is the first action necessary to create an environment where LVGI has the ability to raise capital using its already Qualified Reg A, in conjunction with the Broker Dealer and Investment Bank Craft Capital Management LLC., with which it already has a working relationship. Next we will increase the authorized shares to 1,000,000,000 allowing for the capitalization through this financing round, create availability for future raises of greater amounts, larger acquisitions, bigger expansions, greater marketing awareness campaigns and to create incentive plans to hire and keep key personnel.
Furthermore, we have decided not to continue using the services of OTC Markets at this time, so you will see a stop sign on their site, signifying we have not filed current financial statements with them. We have instead decided to post our financial statements on our website, www.lvginc.com under the tab "Financial Statements". Our 3rd quarter ending 3-31-20 will be posted shortly.
Rokin Inc, Update:
With Covid forcing the closure of many of the dispensaries across the country, Rokin took a big hit in revenue in March and April, however, they beat their expected earnings for May and June. We were happy to hear the good news as it shows that even in difficult times, Rokin has the ability to continue generating revenues and with their new line of products to be released soon, we expect strong growth through the rest of the year.
"Rokin is in the development stage with their new line of glass mini dab rigs. The new collection will have varying designs from the most simplistic function to more interesting complicated designs. Expect to see these new rigs enter the market in the fall 2020 with an affordable price." states Daryl Bauer, CEO of Rokin, Inc.
"We are excited that this consolidation will provide us the opportunity to raise the capital we need in order to create real value for our shareholders. We envision having at least 3 revenue generating companies under LVGI before the year is out. In addition, we will use this capital raise to inject capital into our subsidiary companies to create marketing campaigns, bring new products to market and to expand their distribution networks. This brings us one step closer to achieving our new corporate business focus." exclaimed Devon Diaz, P.E., COO of LVGI.
Forward-Looking Statements: This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
]]>"This is the key piece of the puzzle that will now allow LVGI to raise the necessary capital to close on its current majority interest acquisition targets, expand these companies through adding additional lines of products and extensive marketing programs, locate and negotiate additional acquisitions and to bring price appreciation and shareholder value to LVGI", states CEO Joseph Francella.
The LVGI management team has now determined that the best and fastest way to generate revenues and profits, and to create true shareholder value, will be to acquire majority interests in companies that already have a strong and proven management team along with revenues and profits or the potential to generate profits in the near term. LVGI will inject capital into these companies to expand their marketing reach, create new and exciting products and piggyback its' CBD products into their existing markets. To that end, and as previously detailed, LVGI currently has identified, and has diligently been negotiating with, an acquisition of majority interest in 2 companies. These companies have combined annual revenues of around 2 million dollars.
"This is the beginning of a new phase of business for LVGI which will bring about the biggest and fastest changes to our company in its history, and bring us to historical revenues quickly as well," states COO Devon Diaz.
Additionally and most importantly, LVGI has a working relationship with a Brokerage Firm, Craft Capital Management LLC, to raise the necessary capital to close those acquisitions and expand LVGI.
For more info please visit: www.craftcm.com and then go to their investment banking page to review all 4 pages of the companies they have successfully raised capital for: www.craftcm.com/ib
About KetoSports, Inc.
The KetoSports mission started in 2012 when it released the first ketone product, KetoForce, to the US marketplace. Since then KetoSports, and the keto market, have grown tremendously. But KetoSports hasn’t lost sight of why and how it started. KetoSports grew out of the need to help people who could therapeutically benefit from ketones, but soon realized how many benefits these products provide to even the Average Joe or Jane who has chosen to diet, be active or be more conscious about their overall wellbeing. For those reasons KetoSports quickly grew from a single breakthrough product to a full line of products that support diet, active lifestyle and therapeutic use through superior science. With a focus on markets outside of the keto diet alone, KetoSports has seen applications of these products abound, making KetoSports synonymous with effective energy and health supplementation, not just diet support.
“We are very excited about our partnership with LVGI and its related brands. This partnership will create a union poised to fully develop in the Keto marketplace, shorten the time to development of new product offerings and leverage existing sales channels. We look forward to re-emerging KetoSports as a market leader and multi-million dollar organization,” explained Savitri Boodram Jones, CEO of KetoSports.
For more information please visit: www.ketosports.com
About Rokin Inc.
Rokin was founded in 2016 with a mission to provide our customers with the highest quality, technology driven vaping products available while providing exceptional customer service. Rokin Vapes are rigorously tested by Rokin and multiple consumer focus groups to ensure the products meet strict quality standards before any production takes place. After a product is selected and production complete, the product is certified to the latest FCC, CE standards (which are required for all vaping products) but then Rokin goes above and beyond to certify our vaping products to the latest RoHS standard, which restricts the use of 6 hazardous materials commonly found in electronic products.
“With sales steadily increasing, despite the concerns in the vape market, we are very excited to begin our partnership with LVGI. Having access to the high quality CBD products through LVGI as well as financial support will allow us to expand quickly as our current vape retailers have been begging us to supply 3rd party, independently tested all natural CBD products for their customers,” stated Daryl Bauer, CEO of Rokin.