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Tuesday, November 29, 2022

Link Reservations Inc (OTCMKTS: LRSV) the Global Enterprises and Logistics, Inc. Reverse Merger

Link Reservations Inc (OTCMKTS: LRSV) is rocketing up the charts up over 100% on Thursday as penny stock speculators continue to bid the price higher in an OTC market that seems to be heating up finally. The Company filed a Quarterly report earlier this week with OTCMarkets reporting they had withdrawn the previously filed reverse split announced in June with they filed an LOI with Global Enterprises and Logistics, Inc. to acquire control of its company shares by way of a Share Exchange. Global Enterprises and Logistics, Inc. is a provider of refrigerated trucking and individualized logistics, that has grown year over year, servicing over 65,000 customers, while delivering over three quarters of a million loads. 

Reverse Mergers can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and many RM stocks, we have covered on this website have gone from pennies to dollars. One recent RM runners that stand out is HRBR which went from a few cents (where we first wrote about it) to $3 plus. LRSV is the perfect reverse merger candidate with a low float of 100 million shares and very little debt of just $300k none of it convertible. LRSV does not dilute their stock and the OS has been the same since early 2021. 

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Link Reservations Inc (OTCMKTS: LRSV) was previously involved in the CBD and wellness space dedicated to improving the health and life conditions of both people and pets worldwide. It’s traded through its two brands; LinkResPet and DailyLifeCBD. LinkResPet developed and marketed hemp-based CBD products for cats, dogs and horses. DailyLifeCBD provided everyday hemp-based CBD wellness and mushroom products for people.  

In March there was a change of control as Mr. Joe Gutierrez acquired a majority of the outstanding shares of common stock of the Company (63%) from Rene Lauritsen. In conjunction with the closing of the sale, the Company’s then Board of Directors elected Mr. Gutierrez as President and a Director of the Company and Mr. Rene Lauritsen, then the only other director of the Company, resigned from all positions held in the Company. Mr. Gutierrez has interests in several private businesses in various industries and currently serves as the President of a national logistics business based in Miami, Florida. 

On June 6 LRSV announced it has signed an LOI with Global Enterprises and Logistics, Inc. to acquire control of its company shares by way of a contemplated Share Exchange Agreement (SEA), the terms of which are currently in discussion. If and when the aforementioned “SEA” is finalized, the contemplated transaction could potentially generate revenues on average of $10,000,000 annually from an industry that has been called the “backbone” of the global economy. The logistics industry and the companies that support it, continually need to grow, react and adapt to new technology, while continually evolving in an effort to meet the demands and challenges of the recent world-wide supply chain issues and disruptions. In a global marketplace that depends on a “perpetual motion” supply chain from almost every sector of business and industry, the need for efficient and reliable logistics companies has become imperative. 

https://twitter.com/YEGtrades1/status/1593291939436433408

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LRSV

Global Enterprises and Logistics, Inc. is a provider of refrigerated trucking and individualized logistics, first opening its doors for business in 2010 as a small family run company. Global has grown year over year, servicing over 65,000 customers, while delivering over three quarters of a million loads as it continues to grow, evolve and take into consideration, the opportunity to expand and diversify. 

Strategically situated in South Florida, Miami ranks as the 9th busiest cargo airports in the world, and the busiest cargo and freight airport in the United States according to a report published in April of this year by Airports Council International (ACI). 

With a workforce team of over 70 dedicated personnel, both customers and industry peers alike have recognized and acknowledged the level of professionalism, experienced management, and premium customer service that Global provides. 

Link Reservations, Inc. (LRSV) will continue to engage in dialogue and due diligence as it considers the metrics and near future potential of the opportunity Global could provide for (LRSV) the company. 

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Currently trading at a $4.5 million market valuation LRSV OS is 790,095,511 out of 950,000,000 authorized shares with around 100 million shares in the float. The Company has a clean balance sheet with very little debt, none of which is convertible and they have not diluted the stock since early 2021. LRSV is an exciting story developing in small caps with a ton of catalysts including the reverse merger with Global Enterprises and Logistics, the reverse split cancelled, low float and a much more favorable OTC market that is heating up. The way the stock is trading it’s starting to look some of the market makers have been caught short here.  We will be updating on LRSV when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with LRSV.

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

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