TULSA, Ok / ACCESSWIRE / July 20, 2022 / Limitless Enterprise Team, Inc. (OTC PINK:LVGI) (“LVGI” or the “Business”), a publicly traded keeping enterprise that supplies its shareholders with access to investment decision possibilities in smaller and medium-sized organizations uniquely positioned for quick expansion is happy to announce today that it has signed an agreement with G-Venture Group, LLC., a company which specializes in e-commerce retail store management expert services, to generate an e-commerce retailer to be hosted on Amazon, Fb Current market, and our have Shopify retail store to checklist and sell the optimum volume solutions with the biggest gain margins on these platforms. LVGI has finished in depth market place study into this type of arrangement, and we imagine it can develop into a strong revenue generating option with very good earnings within just a somewhat small period of time of time. LVGI will very own 100% of this new company, operating less than its freshly shaped company Limitless Know-how Group, LLC, and has solely, internally, financed this acquisition/start off-up with the support of our CEO Joseph Francella.
“I am the moment again heading all-in on LVGI working with my individual associations, credit history and own assets to again this very low desire loan and line-of-credit score to start off our latest enterprise enterprise with no shares or dilution affiliated with it.” states Joseph Francella, CEO
“In 2017, Amazon’s marketplace share of the U.S. e-commerce retail marketplace was 37 per cent. As of the day of the very last study finished in 2021, Amazon’s sector share now accounts for 50 % of the complete e-commerce retail market’s gross merchandise quantity (GMV). These are huge numbers and present substantial chances for on-line small business enhancement. Centered on our estimates and research, we come to feel that in one 12 months, our retailers could crank out around $500k in revenues. The purpose for LVGI is to open 4 of these ecommerce outlets around the subsequent 3 years and create approximated revenues of $5.5M with near to $1M in EBITDA. With the assistance of G-Undertaking Group, LLC., we will be capable to bring robust revenues to LVGI in a growing new industry possibility.” States Devon Diaz, COO of LVGI.
“I was completely elated when Devon and Joe decided to attain out to my prime sales expert, Scott Weingold” states Sachet Gagwani CEO. “Currently being able to support a public organization in one of the world’s leading expanding industries is completely a desire come accurate. Particularly when working with adult men of these superior caliber as Devon and Joe. Not only do we strategy on doing the job with LVGI as a potent, supportive husband or wife, but we also hope to gain many years of encounter from them to study and improve together when simultaneously conquering the industry we know very best, E-Commerce. When other businesses are not performing to their maximum probable simply because of their absence of infrastructure and knowledge, myself and Dillon Stanger (my COO), will be guiding LVGI on applying many unique e-commerce automation models, together with dropshipping, then transitioning to Fulfilled by Amazon (Amazon FBA), and Fulfilled By Service provider (Amazon FBM). These are designs which will be implemented as we entire our migration in transitioning to bulk wholesale obtaining and retail offering. Along with of our standard products, we will be employing Fulfilled By Merchant products with retail arbitrage for an even greater bonus in cash flows. While we registered the business in 2020, I personally have more than 5 several years of knowledge in E-Commerce and as we commenced getting traction, I integrated the enterprise formally and have in excess of 100 purchasers that we depict. It has been the latest many years, on the other hand, that have been the most vital as this is an at any time switching setting and market which has unlimited possible that we plan to choose complete gain of with the help of partners like LVGI.”
About Limitless Venture Team, Inc.
Limitless Enterprise Group gives its shareholders with accessibility to leading smaller and medium-sized enterprises focused on development. Leveraging its lasting funds foundation, disciplined extensive-time period tactic, and actionable know-how, LVGI owns managing interests in its subsidiaries as it associates with administration groups to establish organizations with the capability to unlock sizeable worth for its shareholders.
For a lot more information, be sure to visit: www.lvginc.com.
The Business at present has 3 most important subsidiaries: Rokin, Inc., KetoSports, Inc. and Jasper Benefit Methods, LLC.
About Rokin, Inc.
Rokin was established in 2016 with a mission to supply our customers with the maximum excellent, technological innovation-driven vaping items accessible although delivering remarkable purchaser services. Rokin Vapes are rigorously tested by Rokin and a number of shopper concentration groups to make sure the items fulfill rigid good quality requirements just before any output normally takes location. Just after a product or service is picked and creation complete, the item is licensed to the newest FCC, CE expectations (which are expected for all vaping products and solutions) but then Rokin goes earlier mentioned and outside of to certify our vaping products and solutions to the most up-to-date RoHS regular, which restricts the use of six harmful elements usually discovered in electronic solutions. www.rokinvapes.com
About KetoSports, Inc.
KetoSports products flush the human body with ketones, boosting blood ketone stages in just a couple minutes. Since the physique and mind use ketones as its most well-liked power source and are utilised 1st for energy requires, KetoSports products are essential for everyone who wants to lengthen vitality reserves for their athletic gatherings or for individuals who just want to gain from carb-totally free, stimulant-free of charge mental strength and enhanced acuity. www.ketosports.com
About Jasper Reward Methods, LLC
Jasper Advantage Methods, LLC (JBS), started in 2018 with headquarters just outdoors Nashville, TN, is a Managing Basic Underwriter (MGU) specializing in hazard management providers for little to medium self-funded employer “Groups”. MGUs, as opposed to normal agents inside of insurance coverage industries, are accredited to underwrite health and fitness and existence gains procedures on behalf of their carrier-associates. Jasper’s specialized niche is the special ability and authorization from a effectively-recognised, nationally identified coverage provider to underwrite Teams as small as five (5) employees as very well as providing constrained advantage insured items for groups with section-time workers not in a position to take part in their wellness plans. www.jasperbenefitsolutions.com
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Disclaimer Relating to Forward-Seeking Statements
This release includes ahead-wanting statements within just the indicating of the Personal Securities Litigation Reform Act of 1995. Statements contained in this launch that are not historic facts, which includes, devoid of limitation, statements that relate to the Firm’s anticipations with regard to the long term affect on the Company’s final results from new products and solutions in advancement, might be deemed to be ahead-looking statements. Terms these types of as “expects,” “intends,” “plans,” “may possibly,” “could,” “should,” “anticipates,” “very likely,” “believes” and text of similar import also determine ahead-on the lookout statements. These statements are topic to pitfalls and uncertainties. Forward-looking statements are based on existing specifics and investigation and other information and facts that are dependent on forecasts of upcoming effects, estimates of amounts not yet identified and assumptions of management. Visitors are urged not to location undue reliance on the ahead-looking statements, which speak only as of the date of the release. Apart from as may be demanded below applicable legislation, we presume no obligation to update any forward-wanting statements in get to mirror any function or circumstance that could arise following the date of this launch.
Supply: Limitless Enterprise Group
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