SOURCE: Limitless Venture Group Inc.

Limitless Venture Group Inc.

March 15, 2016 13:18 ET

Limitless Venture Group, Inc. Signs Contract to Begin Production of "SLAM"

TULSA, OK--(Marketwired - Mar 15, 2016) - Limitless Venture Group Inc. (OTC PINK: LVGI) today announced it has signed a contract with an independent distillery to produce the initial production run of SLAM Infusination drinks. Joseph Francella, CEO, said, "This is our signature product and we are proud to be able to start production. This facility distills their own alcoholic spirits, a minimum of 5 times, and filters their own water to the highest purity level which allows our SLAM products to be the best tasting pre-mixed drink on the market. We performed our due diligence, traveled to the distillery, and refined our formulas. We were very happy with the final product so we moved forward and signed the contract to manufacture and bottle SLAM."

This distillery already has FIDS approvals and has already filed our specific product flavorings. We are updating our graphics for the labels to show this new bottler and our new formulas. Once the flavorings are approved our COLA's will be filed with TTB. This process generally takes 6-8 weeks, however we do expect it to move quickly through the system. When the COLA's are approved, SLAM production will be immediately scheduled. Our initial production run will be two SLAM flavors. We will be adding other flavors to our next production runs. The funds to complete this initial production run are in the bank. All materials required for this production run have either already been ordered or will be ordered and delivered in time to meet this distiller's production schedule. As we progress through this beginning phase, we will be providing shareholders with more details.

For additional information about our SLAM Infusination ready to drink shots, please visit: www.getaslam.com

HEMPCORE:

We have contracted with an e-commerce specialist with over a decade of experience to work specifically with Amazon. He is in the process of revamping our Amazon site and setting up direct shipping through them. We have funds set aside specifically for working with Amazon's marketing services. As this new business model takes form, we will provide shareholders with more details.

We have also contracted with a Broker/Distributor that does business with over 5,000 retail outlets, as well as distribute products through their own website. We have shipped our HempCore products to them for strategic marketing purposes. We expect this distribution channel to get our product in stores as well as contracting with other online retail outlets.

Our goal is to have HempCore products on shelves nationally and available internationally through the Internet, backed by an aggressive marketing and sales program.

We express thanks to our shareholders for remaining patient throughout this process. We are now at the point where we will start seeing significant revenue which will allow our company to grow while expanding our product lines. 

For additional information on our HempCore line of Nutraceuticals please visit: www.hempcorehealth.com

Mr. Francella added, "We believe our stock price is undervalued at these prices and we will be doing what we can to increase market awareness and shareholder value, now and for the long term."

About Limitless Venture Group Inc.

Located in Tulsa, Oklahoma, 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, and 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.'s proprietary product line consists of SLAM Infusination™, HempCore, and Limitless Health™.

For further inquiry on Limitless Venture Group Inc. products: www.lvginc.com

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

  • Limitless Venture Group Inc.
    Joseph Francella
    C.E.O.
    (918) 671-9935
    joefrance@aol.com