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Wednesday, December 1, 2021

Limitless Venture Group Inc (OTCMKTS: LVGI) Running Northbound as Co Posts Record Q3 Revenues

Limitless Venture Group Inc (OTCMKTS: LVGI) has seen a significant run up after the Company announced it has posted another record quarterly revenue of $481,465 and the sixth consecutive quarterly earnings growth. LVGI subsidiary Rokin is setting the market on fire and quickly becoming the most recognized company in leading vape technology. Rokin 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.  

LVGI was trading as high as $0.25 in February but has dropped to recent lows of $0.01 before the recent runup and investors are looking for a little traction here and a strong move over the $0.05 mark. . Rokin has been doing impressive numbers and 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. Earlier this year Rokin reported it has achieved record revenue for the month of May, 2021. 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.  

Limitless Venture Group Inc (OTCMKTS: LVGI) 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. LVGI is Comprised of These Three Organizations 

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. 

Rokin, Inc. 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. 

Keto Sports 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, Keto Sports 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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LVGI

 

LVGI subsidiary Rokin is setting the market on fire and quickly becoming the most recognized company in leading vape technology. Rokin 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. Earlier this year Rokin reported it has achieved record revenue for the month of May, 2021. 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. 

Last month the Company made a strategic commitment to fund its fast-growing subsidiary Rokin, Inc. for the next four years with a $200,000 injection of capital and a further commitment of $800,000 over the next four years. Management has developed a 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.  

LVGI is on the move after LVGI announced 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.” 

LVGI is at the right place at the right time; 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. 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. 

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LVGI has seen a significant run up after the Company announced it has posted another record quarterly revenue of $481,465 and the sixth consecutive quarterly earnings growth. LVGI subsidiary Rokin is setting the market on fire and quickly becoming the most recognized company in leading vape technology. Rokin 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. LVGI was trading as high as $0.25 in February but has dropped to recent lows of $0.01 before the recent runup and investors are looking for a little traction here and a strong move over the $0.05 mark. . Rokin has been doing impressive numbers and 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. Earlier this year Rokin reported it has achieved record revenue for the month of May, 2021. 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. We will be updating on LVGI when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with LVGI.

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Disclosure: we hold no position in LVGI either long or short and we have not been compensated for this article.

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