LiveWire Ergogenics (OTC: LVVV) recently reported
considerable net income increases during Q3 2019, including impressive
year-over-year (“YoY”) revenue growth. An article discussing the results reads,
“These figures, along with its emphasis on both producing and distributing world-class
cannabis throughout the state of California, illuminate the company’s unique
positioning in the ever-evolving cannabis industry. . . . In its report, the
company noted a 935% boom in revenues, reaching $184,200 for Q3 2019 from
$17,790 the same period the prior year (http://ibn.fm/PN6qs). For the 2019 quarter — the three
months ended September 30 — LVVV showed a net income of $94,749 compared to a
loss of $1,717,712 reported for the comparable period in 2018. Additionally,
the company reported a gross profit of $177,240 in the 2019 quarter compared to
a loss of $27,119 for the same period in 2018. The company has also improved
its balance sheet, showing current assets of $3,081,048 and exceeding current
liabilities by $539,570 as of September 30, 2019.”
To view the full article, visit http://ibn.fm/FdbZU
About LiveWire Ergogenics Inc.
LiveWire Ergogenics specializes in identifying and
monetizing current and future trends in the human and veterinary 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 facilities to produce cannabis-based products and
services in California, along with the statewide distribution of these
products. This includes verification of zero-pesticide products for quality
brands via its 7X Pure Cannabis Verification System; the development, licensing
and distribution of legal and high-quality cannabinoid-based products and
services; and the creation of the high-quality Estrella Weedery brand. LiveWire
Ergogenics does not produce, sell or distribute products that are in violation
of the United States Controlled Substance Act.
NOTE TO INVESTORS: The latest news and updates
relating to LVVV are available in the company’s newsroom at http://ibn.fm/LVVV
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