Limitless Venture Group Inc (OTCMKTS:LVGI) Stock Surges After A Key Update
Limitless Venture Group Inc (OTCMKTS:LVGI) is a publicly listed company which offers its shareholders to have exposure to investments in small and medium sized businesses with potential for high growth.
Trading Data
On Tuesday, LVGI stock ended flat at $0.0007 with more than 1.16 million shares, compared to its average volume of 15.86 million shares. The stock moved within a range of $0.0007 – 0.0007 after opening trade at $0.0007.
Limitless Venture Group Signs MOU With Its’ Senior Secured Note Holder To Suspend Debt Conversions For The Next 29 Days
The company announced yesterday that on June 5, 2023 it had inked a Memorandum of Understanding with its Senior Secured Note Holder that it would stipulate no conversions at all in lieu of the balance that is due over the next 30 days. The Chief Executive Officer of the company Joseph Francella noted that Limitless Venture Group shared a great financial relationship with the Senior Secured Note Holder. He went on to note that the note holder had been willing to make concessions to the company so as to limit the number of conversions from time to time and it made another such accommodation.
He went on to note that both parties expected to have significant successes together. Francella also announced that Limitless Venture Group was still in talks with the California Testing Lab and would keep the public informed about the sort of progress that was being made even though the company had started the collection of Due Diligence Materials.
