LiveWire Ergogenics to Up-List to OTCQB; Company Enters Next Stage of Development
November 08 2018 - 6:07AM
InvestorsHub NewsWire
LiveWire Ergogenics to Up-List to
OTCQB;
Company Enters Next Stage of
Development
Anaheim, CA -- November 8, 2018 --
InvestorsHub NewsWire -- LiveWire Ergogenics, Inc.
(OTC: LVVV), a company focused on
special purpose real estate acquisitions and the licensing and
management of fully compliant “closed loop” turnkey facilities for
the production of cannabis-based products and services in
California, announced today that it has applied for up-listing to
the OTCQB Venture Market Place.
Up-listing to the OTCQB gives investors an
exchange-comparable information experience, with convenient trading
through their preferred broker or financial adviser, transparent
pricing with real-time quotes, and trusted disclosure. To be
eligible for this higher-tier trading platform, companies must be
current in their reporting and undergo a quarterly review and
rigorous annual auditing and management certification process by an
SEC certified auditing firm.
LiveWire Ergogenics’s auditors have audited and
approved the Company’s financial reports for the last two years and
the Company has filed these audited reports on OTC and at the same
time submitted its application for uplisting to the OTCQB. The
approval process and compliance review can take up to 3-4 weeks
after submission of the application.
LiveWire has been gathering a wide range of
expertise in the acquisition and management of licensed cannabis
operations in California. As a result, the Company has developed a
solid foundation of required knowledge. Now it has entered the next
crucial phase for the development of the locations it has acquired
or is in the process of acquiring in the Coachella Valley and the
central California wine country for the management of cultivation,
nursery, extraction and manufacturing operations. The Company will
also utilize its recently-awarded California State-wide cannabis
distribution license to establish a leading position in the legal
distribution sector of the industry. Additional projects are
currently being identified in other states to further expand the
LiveWire brand to worldwide recognition.
“For the last two years it has been our strategy
to re-focus our efforts and evolve our business model in response
to the rapidly improving public opinion and legal landscape for
cannabis in the US and Canada,” explains Bill Hodson, CEO and
Chairman of LiveWire Ergogenics, Inc. “We are now well on our way
to manifesting the Company's position in the California cannabis
market by establishing several large, fully self-contained and
‘Closed Loop’ cannabis operations.”
Up-listing to the OTCQB will allow market makers
and brokers easier access to LiveWire's trading platform. The OTCQB
is considered by the U.S. Securities and Exchange Commission (SEC)
as an “established public market” that determines the public market
price of stocks for investors. Since the OTCQB requires
audited financial statements and management certification, and has
strict reporting standards and compliance requirements, it
dramatically increases transparency and credibility for the
companies traded on the exchange. This increased credibility and
visibility typically results in improved liquidity and awareness
for companies that are listed on the OTCQB tier, the established
and official trading platform for early-stage and developing US and
International companies. To learn more,
visit OTCQB.
“The up-listing to OTCQB will provide our
shareholders and new investors with further increased transparency
and liquidity in our common stock,” adds Hodson. “Moreover, we
believe that trading on this established public market will help
generate enhanced exposure of our Company among institutional
investors, expanding our investor universe
considerably.”
About LiveWire Ergogenics,
Inc.
LiveWire Ergogenics, Inc. (LVVV) specializes in
identifying and monetizing current and future trends in the health
and wellness industry. The Company is focused on acquiring,
managing and licensing specialized “closed loop” turnkey cannabis
real estate locations of fully compliant and permitted turnkey
facilities for the production of cannabis-based products and
services in California. The Company is also establishing research
partnerships to explore the application of cannabinoid-based
products to target specific ailments or conditions with large
“sufferer” populations for human and veterinarian applications.
This includes dosing verification of zero pesticide products for
quality brands via its “7X Pure” Cannabis Dosing and Verification
System, and development and licensing of legal, high-quality
cannabinoid-based products and services. LiveWire Ergogenics does
not sell or distribute products that are in violation of the Unites
States Controlled Substance Act.
For more information about LiveWire Ergogenics,
visit http://www.livewireergogenics.com. For
non-material updates, follow LiveWire Ergogenics on Twitter
@livewireLVVV. Download the
Stockwatchindex Research Report at www.swiresearch.com/report-index
Forward-Looking
Statements
Any statements contained in this press release
that do not describe historical facts may constitute
forward-looking statements. Forward-looking statements may include,
without limitation, financial projections, statements regarding the
plans and objectives of management for future operations, the
development, regulatory approvals and commercialization of the
Company’s products, or any of the Company’s other proposed
products, systems or services. Such forward-looking statements are
not meant to predict or guarantee actual results and performance,
events or circumstances, and actual events may differ materially.
Factors that may cause actual results to differ materially from any
projections may include, without limitation, delays in the
development of its products, the impact of significant new or
changing government regulation in the cannabis industry, existing
or increased competition, results of arbitration and litigation,
stock volatility and illiquidity, and the Company’s inability to
obtain additional financing for the implementation of the Company’s
business plans or strategies. The Company assumes no obligation to
update any forward-looking statements to reflect any event or
circumstance that may arise after the date of this
release.
INVESTOR CONTACT
Brian Barnes
EquiNet, LLC
Toll free: 877-964-6463
Direct: 858-264-6500
LIVEWIRE ERGOGENICS
INC.
1600 North Kraemer Blvd.
Anaheim, CA 92806
714-740-5144
www.livewireergogenics.com
info@livewireergogenics.com
MARKET AWARENESS
Stockwatchindex, LLC
www.stockwatchindex.com
info@stockwatchindex.com
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