{"id":4393,"date":"2014-04-15T15:14:50","date_gmt":"2014-04-15T15:14:50","guid":{"rendered":"\/?p=4393"},"modified":"2014-04-15T15:14:53","modified_gmt":"2014-04-15T15:14:53","slug":"a-green-start-of-the-week-for-limitless-venture-group-inc-otcmktslvgi","status":"publish","type":"post","link":"\/articles\/a-green-start-of-the-week-for-limitless-venture-group-inc-otcmktslvgi\/","title":{"rendered":"A Green Start Of The Week For Limitless Venture Group, Inc. (OTCMKTS:LVGI)"},"content":{"rendered":"

\"27LVGI_chart.png\"The stock of Limitless Venture Group, Inc. (OTCMKTS:LVGI<\/a>) was promoted back in the end of March and managed to climb above the 1 cent mark briefly, before crashing down and entering a bad period of closing in the red. <\/p>\n

The total loss of value that LVGI<\/a> had endured until the closing bell of last week’s trading came at 74% and it seemed like the ticker was headed for triple zero land. The journey to the basement, however, was interrupted yesterday.<\/p>\n

The company came out with a press release that announced they have settled a dispute with Beaufort Capital Partners, a third party debt holder. Even though it is announced that they have agreed to a two trance fixed conversion for a total of 273,257,143 shares, the CEO is quoted saying that they believe the shares have already been sold and this will not cause dilution for the shareholders.<\/p>\n

The news managed to boost LVGI<\/a> with a 25% gain in price, recovering from Friday’s drop and closing the session at $0.003. The volume was below the average, with 132 million shares that changed their owners and generated $395 thousand in trade value.<\/p>\n

Still, that doesn’t change the grim financial situation of the company according to their report covering the quarterly period ended September 30, 2013.<\/p>\n

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