SOURCE: Limitless Venture Group, Inc.

December 13, 2013 09:25 ET

Limitless Venture Group Inc. Announces the Hiring of New CEO Mr. Joseph Francella

HOLBROOK NY--(Marketwired - Dec 13, 2013) - Limitless Venture Group Inc's. (OTC Pink: LVGI) today announced the hiring of new CEO Joseph Francella to replace outgoing CEO Mr. Peter Scalise III who is moving over to become CEO of G.E.A.R., a company that was spun off by LVGI. Mr. Francella will begin on January 15, 2014.

"After an exhaustive search and vetting process I feel very confident in the selection of Mr. Francella to take the reins of CEO at LVGI as it moves forward with all plans on the table," stated outgoing CEO Peter Scalise III.

Mr. Francella brings with him almost 20 years of experience dealing with public companies. During that time he has held positions as an Officer and Director and guided many of these public companies through the most difficult transitions of development stage companies. His understanding of this venue has allowed him to get these companies financed and positioned so they can proceed with their business models. He is a hard working, take charge, responsible business executive and we are very lucky to have been able to get someone with his experience and talent.

CEO elect Mr. Francella states, "I'm very pleased and excited to work with such a great company having so many different products and opportunities and I can't wait to get started. One of my first responsibilities will be to revamp the corporate structure and increase shareholder value and confidence going forward for which I have a very clear plan of action and will be announcing shortly."

About Limitless Venture Group Inc.
Located in Holbrook, New York Limitless Venture Group Inc is a full service brand development company specializing in beverage, supplement and healthy lifestyle products. Limitless acts as a brand incubator bringing products from concept to reality then releasing them as standalone companies. Limitless Venture Group Inc has internationally recognized formulators, in house graphics department, in house web design team, and full support staff for marketing and distribution chain development. Limitless Venture Group Inc. proprietary product line consists of SLAM Infusination™ Limitless Body™, Limitless Health™.

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Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be seemed to be forward-looking statements. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.

Contact Information

  • Contact:
    Peter Scalise III
    Limitless Venture Group Inc.