Tulsa, OK, Feb. 26, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Limitless Ventures Group, Inc. (OTC PINK: LVGI) announces today it is interviewing SEC Auditors to begin the process of becoming a fully reporting company, which moves LVGI one step closer to up-listing off the Pink Sheets. LVGI is simultaneously in discussions with a Brokerage firm to assist in fund-raising an initial amount of capital to cover this cost along with the costs of executing on our current business model of expanding in the Cannabis market, using alternative financing methods. Joseph Francella, CEO states, “This is one small step in the process but one large leap for LVGI and its shareholders.” 

LVGI is focused on making its wholly owned subsidiary, Summit Harbor Holdings, Inc. (SHHI) a fully diversified and vertically integrated Cannabis Company. SHHI President Devon Diaz and COO and Managing Director Matthew Habuda are reviewing current operations, seeking the next business opportunity and guiding SHHI and LVGI into the future in a big way.

Through our process of locating a Brokerage firm that is willing to work with LVGI and fund us through alternative funding sources initially, LVGI has exceeded its original 30-day obligation to bring the agreed upon funds into the Company for THC².  This deficiency has contractually caused THC²to notify us that we not in compliance and we now have a less than 30 business days to cure. 

Joseph Francella, CEO further states, “We are continually focused on bringing long term value into LVGI and creating a sustainable future for asset accumulation, revenue growth, profitability, and shareholder appreciation.” To that extent, LVGI is working with this Brokerage firm and in discussions with other alternative funding sources to capitalize all current and future projects.

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 deemed 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.

Joseph Francella