Limitless Venture Group, Inc. Posts Record Revenue for The Third Quarter 2021, The Sixth Consecutive Record Revenue Quarter and has Already More than Doubled 2020 Annual Revenues, Equaling $.0732/Share in Revenues
December 08 2021 - 8:00AM
InvestorsHub NewsWire
TULSA, OK -- December 8, 2021 -- InvestorsHub NewsWire
-- 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 that it has posted another record quarterly revenue of
$481,465 and the sixth consecutive quarterly earnings growth.
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.
www.ketosports.com
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.
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