Had it not been for the 1-for-1,000 reverse share split at the beginning of the year, the penny stock of Limitless Venture Group Inc. (LVGI) would have been worth less than 0.00002 after rebranding the old Enerbrite Technologies Group Inc. (ETGG). Yet, with a determined focus on getting their products to market in Q3, the cash grab is on again, but this time its with LVGI stock. Focused on ready-to-drink alcoholic shots, you best pray you don’t get some watered-down shares too early before closing time has all the buyers running for the exits.
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LVGI Stock Quote
Market Cap: 2.56M
Friday Close: 0.13 ▲ +0.007 (+5.69%)
Volume: 943,025
Open: 0.1249
High: 0.13
Low: 0.12
Authorized: 250,000,000
Issued and Outstanding: 19,666,742
14-Day Rel Strength: 31.78%
14-Day Stochastic: 100.00%
1st Resistance Point: 0.1333
1st Support Level: 0.1233
2nd Support Level: 0.1167
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Back in August, 2012, En Enerbrite Technologies Group, now called Limtless Venture Group, completed their acquisition of SBSI Nutraceuticals, a company dedicated to the production, distribution and marketing of unique, quality and great tasting functional drinks, energy drinks, wellness beverages, ready-to-drink iced teas and vitamin enhanced kids drinks. On top of that. SBSI Nutraceuticals develops vitamin and supplement lines for the sports, fitness and health industry as well as supplements designed to support a healthy liver and naturally lower bad cholesterol levels.
While it sounds all good, Limitless still believes that their Slam Infusination products, ready-to-drink alcoholic shots, will change the way people party by allowing a person to go into a liquor store and buy a 6 or 12 pack of your favorite premixed shots. The 1.69oz, 70 proof (35% alcohol by volume) Slam RTD’s come in names and flavors like:
Haymaker – Vodka with Lemon & Tea Flavors
CoCo-Puff – Vodka with Chocolate & Irish Cream Flavors
Red Headed Slut – Vodka with Peach, Licorice & cranberry Flavors
Twist – Tequila with Lime Flavor
Kamikaze – Vodka with Orange Liquor & Lime Flavors
Working out of a 10,000 square foot office, manufacturing and distribution facility in Holbrook, New York that is currently occupied by Lmitless Venture’s wholly owned subsidiary, SBSI Nutraceuticals, Inc., the Company had yet to sell a single shot as of March 31, 2013, but did have $67,753 in cash on hand which could indicate that there is a legitamate shot of you being able to grab hold and wrap your lips around a Red Headed Slut at some point this year.
About LVGI Stock
Limitless Venture Group Inc. is a re-development stage company dedicated to the production, distribution and marketing of unique, quality product lines in the OTC Nutraceutical sector with a key focus on wellness, anti-aging and HRT (Hormone Replacement Therapy) for both males and females.
Click here to view the financial filings for LVGI at OTCMarkets.
Click here to view the website for Limitless Ventures.
Last 5 Trading Sessions:
| Date | Last | Change | % Change | Volume |
| 06/21/13 | 0.1300 | +0.0070 | +5.69% | 943,025 |
| 06/20/13 | 0.1230 | +0.0130 | +11.82% | 1,020,900 |
| 06/19/13 | 0.1100 | +0.0100 | +10.00% | 170,000 |
| 06/18/13 | 0.1000 | -0.0200 | -16.67% | 540,000 |
| 06/17/13 | 0.1200 | +0.0200 | +20.00% | 43,000 |
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Bottom Line:
LVGI is on the list of penny stocks being promoted today and should see some significant PPS changes coming its way. With a dispute about exactly how many shares are actually outstanding, seeing anything more than 3,000,000 shares of LVGI stock trade today could be a clear sign that there is a Kamikaze pilot on the sell button ready to drop a fat Haymaker down on traders from the upper ring ropes.
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