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Limitless X (OTCQB: BLAB) has officially launched its high-resolution mobile LCD screen, now rebranded with the Limitless X logo. This innovative solution aims to enhance marketing strategies for corporate, civic, and sporting events. The acquisition of Prime Time Live's assets, including a 100+ ft marketing truck, allows Limitless X to reach broader audiences effectively. CEO Jas Mathur emphasized the strategic advantage of this mobile billboard, stating it fosters greater brand awareness and creates a scalable ecosystem for clients. This initiative marks a significant expansion of Limitless X's digital marketing capabilities.
Limitless X Inc. (OTCQB: BLAB) announced that boxing legend Floyd Mayweather Jr. and UFC icon Anderson Silva promoted its SMILZ CBD brand during the Abu Dhabi exhibition on May 21, 2022. Mayweather, a longtime associate of CEO Jas Mathur, utilized the event to enhance visibility for SMILZ, which offers a variety of CBD products. Analysts project the global CBD market to grow from $4.9 billion in 2021 to $47.22 billion by 2028, driven by increasing awareness of CBD's therapeutic benefits. Both fighters showcased Limitless X branding, potentially boosting the company’s market presence.
Bio Lab Naturals (OTCQB: BLAB) announced the completion of its share exchange with Limitless X, effective May 20, 2022, making Limitless X a wholly owned subsidiary. As part of the agreement, approximately 90% of the Company’s common stock was issued to Limitless X shareholders. Limitless X, known for its health and wellness products, aims to enhance market visibility and expand brand recognition. The Company plans to change its name and ticker symbol shortly. Jas Mathur, Limitless X's founder, emphasizes the goal to transform the brand into a globally recognized entity.
Limitless X has entered into a definitive share exchange agreement with Bio Lab Naturals (OTC: BLAB), allowing Limitless X shareholders to acquire 90% of BLAB's outstanding shares post-acquisition. This merger aims to enhance product diversification and growth opportunities within the Consumer Products Group. Limitless X anticipates increased exposure to the investment community, essential for financing its strategic initiatives. The transaction is expected to close within 7 business days, pending standard conditions.
Bio Lab Naturals (BLAB) has announced a Lease/Purchase Agreement dated March 24, 2021, via its subsidiary, Prime Time Live, Inc. (PTL). The agreement involves leasing a corporate asset to a third party for 12 months, commencing with a $20,000 payment upon execution. PTL will receive an additional $9,000 monthly for the remaining term, totaling a potential aggregate value of $235,000, including lease payments and a buyout option. This move aims to enhance cash flow and support BLAB's operations in high-resolution mobile LED screen services.
Bio Lab Naturals, Inc. (OTCQB: BLAB) issued a clarification on March 22, 2021, regarding a misleading news release dated January 6, 2020, linked to a proposed transaction with Canavation, Inc. that pertains to a different Florida corporation. The Delaware-based company asserts it had no involvement in the release and is requesting Yahoo Finance to remove the incorrect information. Bio Lab Naturals operates primarily through its subsidiary, Prime Time Live, providing mobile LED screens for various events, including a large 30' x 18' screen and a smaller 8' x 5' model.
Bio Lab Naturals (OTCQB:BLAB) announced a significant development on November 13, 2020, through its subsidiary, Prime Time Live, Inc. (PTL). PTL signed an Exclusive Distribution Agreement with Insane Impact, LLC, enabling PTL to distribute Insane Impact products effectively across the U.S. The partnership allows PTL to leverage Insane Impact's extensive network, significantly reducing capital expenditures while enhancing its marketing strategies. The agreement aims to boost exposure for PTL's 30' x 18' LED screen, driving broader market reach.
