Limitless Venture Group Inc. (OTCMKTS:LVGI) Stock Soars 176% On High Volume: What’s The Buzz?
Limitless Venture Group Inc. (OTCMKTS:LVGI) was up 176% after the company announced that it had retained Skyline Corporate Communication Group LLC’s services to manage its corporate communications and investor relations in the financial community.
Market Stats
On Friday, LVGI stock soared 177% at $0.0307 with more than 5.35 million shares, compared to its average volume of 222k shares. The stock has moved within a range of $0.0130 – 0.0510 after opening the trade at $0.0135.
Major News
Skyline is a corporate communications and investor relations company that offers public firms investor communications and strategic messaging consulting services. Its strategic assistance for investment and financial markets firms helps them with ineffective communication and corporate messaging.
CEO of Limitless Venture Group Joseph Francella said the company’s growth objectives, operating activities, and anticipated corporate milestones were behind its engagement of Skyline as the company’s investor relations firm. Francella said the company is eyeing the hemp and cannabis markets for growth opportunities in the future, seeking a third-party administrator’s acquisition and having a solid financial position. The CEO added that they believe Skylines’s reputation, methodologies, communications strategy, and standards are a perfect fit for the company as it enters the growth phase. Investors should watch LVGI in the coming weeks.
Key Quote
Joseph Francella, CEO of Limitless Venture Group, Inc., commented: ‘Our recent operating activities, growth objectives, and expected corporate milestones prompted LVGI to select Skyline as our investor relations representative. We are eyeing the cannabis and hemp markets for additional future growth opportunities, seeking to close on the acquisition of a third-party administrator (“TPA”), and have a strong financial position with record revenues for fiscal year 2020. LVGI believes that Skyline’s strong reputation, communications strategies, methodologies, and standards are an excellent pairing for us as we enter into a growth phase for the Company, and we want to have a skilled partner working closely with us when communicating our message to the investing public. We are a diamond in the rough and Skyline will bring the attention needed to get our message out and make LVGI shine through.”
