14th of November, 2024. Livento Group, Inc. (OTC Pink: NUGN), a leader specializing in acquiring and developing companies within the film, content, and technology sectors, is pleased to share its third-quarter 2024 results. This update highlights Livento’s continued progress, including strong developments across its film production, logistics, and investment management divisions.
BOXO Productions:
- Revenue Pipeline: Year-to-date, BOXO has secured over $1.4 million in anticipated revenue. This amount is expected to materialize as cash flow in the second quarter of 2025 upon the completion and launch of key projects.
- Notable Releases: Old Guy, starring Christoph Waltz and directed by Simon West. The film has received positive industry attention, as noted by Variety.
- Robust Pipeline: BOXO now has over 40 projects in various stages, including pre-production, production, and post-production. A notable example is Land of Bad, which is performing exceptionally well on streaming platforms. IMDb.
Elisee Performance:
- Market Outperformance: Livento’s Elisee portfolio management tool continues to outperform, delivering 9% higher returns than the DJIA amid a challenging and volatile market environment. Elisee’s strategic insights and robust algorithms have helped sustain performance despite market fluctuations.
Global Dot Logistics (GDL):
- Strategic Acquisitions: GDL is building a strong acquisition pipeline as it moves toward IPO, with plans to integrate over 10 logistics companies across the U.S. and Europe. Combined, these acquisitions would contribute annual revenues exceeding $160 million, solidifying GDL’s market position.
- IPO Preparation: GDL’s IPO remains a top priority, with two significant acquisitions already secured under its holding structure. These strategic additions will bolster GDL’s market entry and competitive positioning.
OTCQB Uplisting Progress:
- Regulatory Advancements: Livento is advancing through the name change process with FINRA, a necessary step before OTC Markets can proceed with the 2-11c and OTCQB applications. The company anticipates that this uplisting will increase its visibility and credibility in the capital markets.
Livento Group CEO David Stybr commented, “BOXO remains a cornerstone of Livento Group, and as our movie projects progress, we are establishing the company on increasingly stable foundations. With access to premier projects in Hollywood, Livento’s market position is truly unique, and we’re excited about our future.”
Chief Investment Officer, Mr. Henriksen, shared his enthusiasm, stating, “At Livento Group, our vision is clear, and watching it come to life energizes our commitment to growth, innovation, and achieving long-term success.”
Contact:
David Stybr, CEO
Livento Group, Inc.
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Safe Harbor Statement:
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements as predictions, projections, or references to future events and expectations, possibilities, or similar. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. Although the Company believes the expectations reflected in our forward-looking statements are based on reasonable assumptions, the Company is unable to give any assurance that its expectations will be attained due to several variable factors. Factors or events that could cause actual results to differ may emerge, and it is impossible for the Company to predict all of them. Some of these risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, in customer order patterns, changes in consumer trends, and various other factors beyond the Company’s control. Although the Company intends to provide public updates, it undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.