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RETRANSMISSION: Greenlite Ventures Issues Corporate Update

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Greenlite Ventures (OTC PINK:GRNL) has completed a merger with No Limit Technology Holdings, positioning itself as an integrated sports-betting ecosystem. The company is developing non-custodial sports betting platforms, sports advisory services, and crypto exchanges using AI technology, blockchain, and peer-to-peer algorithms.

Key initiatives include:

  • Launching the No Limit AI Sports Advisory Service, offering arbitrage alerts and real-time statistical updates
  • Introducing a Daily Fantasy Sports (DFS) platform for the upcoming NFL season, powered by NoLimitCoin (NLC)
  • Launching a decentralized crypto exchange in Q4
  • Leveraging existing sports licensing deals and podcast networks
The company aims to achieve low player acquisition costs and high retention rates in the sports betting industry.

Greenlite Ventures (OTC PINK:GRNL) ha completato una fusione con No Limit Technology Holdings, posizionandosi come un ecosistema integrato di scommesse sportive. L'azienda sta sviluppando piattaforme di scommesse sportive non custodiali, servizi di consulenza sportiva e scambi di criptovalute utilizzando tecnologie AI, blockchain e algoritmi peer-to-peer.

Le iniziative chiave includono:

  • Il lancio del servizio di consulenza sportiva No Limit AI, che offre avvisi di arbitraggio e aggiornamenti statistici in tempo reale
  • Introduzione di una piattaforma di Daily Fantasy Sports (DFS) per la prossima stagione NFL, alimentata da NoLimitCoin (NLC)
  • Lancio di un exchange di criptovalute decentralizzato nel quarto trimestre
  • Sfruttamento di accordi di licenza sportiva esistenti e reti di podcast
L'azienda mira a ottenere bassi costi di acquisizione dei giocatori e alte percentuali di fidelizzazione nel settore delle scommesse sportive.

Greenlite Ventures (OTC PINK:GRNL) ha completado una fusión con No Limit Technology Holdings, posicionándose como un ecosistema integrado de apuestas deportivas. La empresa está desarrollando plataformas de apuestas deportivas no custodiales, servicios de asesoría deportiva y intercambios de criptomonedas utilizando tecnología AI, blockchain y algoritmos peer-to-peer.

Las iniciativas clave incluyen:

  • Lanzamiento del Servicio de Asesoría Deportiva No Limit AI, que ofrece alertas de arbitraje y actualizaciones estadísticas en tiempo real
  • Introducción de una plataforma de Daily Fantasy Sports (DFS) para la próxima temporada de la NFL, impulsada por NoLimitCoin (NLC)
  • Lanzamiento de un intercambio de criptomonedas descentralizado en el cuarto trimestre
  • Explotación de acuerdos de licencia deportiva existentes y redes de podcasts
La empresa tiene como objetivo lograr bajos costos de adquisición de jugadores y altas tasas de retención en la industria de las apuestas deportivas.

Greenlite Ventures (OTC PINK:GRNL)는 No Limit Technology Holdings와 합병하여 통합된 스포츠 베팅 생태계로 자리잡았습니다. 이 회사는 AI 기술, 블록체인 및 P2P 알고리즘을 사용하여 비수탁 스포츠 베팅 플랫폼, 스포츠 자문 서비스, 암호화폐 거래소를 개발하고 있습니다.

주요 이니셔티브는 다음과 같습니다:

  • No Limit AI 스포츠 자문 서비스 출시, 차익 거래 알림 및 실시간 통계 업데이트 제공
  • NoLimitCoin(NLC)으로 구동되는 NFL 시즌을 위한 일일 판타지 스포츠(DFS) 플랫폼 도입
  • 4분기에 분산형 암호화폐 거래소 출범
  • 기존 스포츠 라이센스 계약 및 팟캐스트 네트워크 활용
회사는 스포츠 베팅 산업에서 낮은 플레이어 인수 비용과 높은 유지율을 달성하는 것을 목표로 하고 있습니다.

Greenlite Ventures (OTC PINK:GRNL) a terminé une fusion avec No Limit Technology Holdings, se positionnant comme un écosystème intégré de paris sportifs. L'entreprise développe des plateformes de paris sportifs non-custodial, services de conseil sportif et échanges de cryptomonnaies en utilisant la technologie AI, la blockchain et des algorithmes peer-to-peer.

Les initiatives clés comprennent :

  • Lancement du Service de Conseil Sportif No Limit AI, offrant des alertes d'arbitrage et des mises à jour statistiques en temps réel
  • Introduction d'une plateforme de Daily Fantasy Sports (DFS) pour la prochaine saison NFL, propulsée par NoLimitCoin (NLC)
  • Lancement d'un échange de cryptomonnaies décentralisé au quatrième trimestre
  • Exploitation des accords de licence sportive existants et des réseaux de podcasts
L'entreprise vise à réaliser des coûts d'acquisition de joueurs faibles et des taux de rétention élevés dans l'industrie des paris sportifs.

Greenlite Ventures (OTC PINK:GRNL) hat eine Fusion mit No Limit Technology Holdings abgeschlossen und sich als integriertes Sportwetten-Ökosystem positioniert. Das Unternehmen entwickelt nicht treuhänderische Sportwettenplattformen, sportliche Beratungsdienste und Kryptowährungsbörsen, die auf KI-Technologie, Blockchain und Peer-to-Peer-Algorithmen basieren.

Wesentliche Initiativen umfassen:

  • Einführung des No Limit AI Sport Advisory Service, der Arbitrage-Warnungen und Echtzeit-Statistik-Updates bietet
  • Einführung einer Daily Fantasy Sports (DFS) Plattform für die kommende NFL-Saison, unterstützt durch NoLimitCoin (NLC)
  • Start einer dezentralen Kryptowährungsbörse im vierten Quartal
  • Nutzung bestehender Sportlizenzvereinbarungen und Podcast-Netzwerke
Das Unternehmen zielt darauf ab, niedrige Kosten für die Spielerakquise und hohe Bindungsraten in der Sportwettenbranche zu erreichen.

Positive
  • Completed merger with No Limit Technology Holdings, expanding into sports betting ecosystem
  • Developing AI-powered sports advisory service with arbitrage alerts and real-time updates
  • Launching Daily Fantasy Sports platform for upcoming NFL season
  • Introducing decentralized crypto exchange in Q4
  • Existing sports licensing deals with brands like Woodway and Bare Knuckle Fighting
Negative
  • None.

LOS ANGELES, CA / ACCESSWIRE / August 2, 2024 / Greenlite Ventures, Inc. (OTC PINK:GRNL) Rafael Groswirt, the new CEO of Greenlite Ventures, Inc. has just released the following statement:

"Now that the merger between No Limit Technology Holdings and GRNL has been completed, I want to take this opportunity to bring our shareholders fully up to date regarding our new corporate structure and near-term plans. It is my intent to continuously share our progress and achievements with you through our various messaging, video, and social media platforms.

Our Company is well on its way to becoming a fully integrated sports-betting ecosystem. Utilizing our own sports-centric AI technology along with the efficiency of blockchain and our peer-to-peer algorithms, we are building non-custodial sports betting platforms, sports advisory services, and crypto exchanges that offer direct user benefits never before seen in these markets. Add to this the sports licensing and ready-to-grow media platforms GRNL has already put in place, and we believe we can achieve some of the lowest player acquisition costs and highest player retention rates in the industry.

Our top priority is launching the No Limit AI Sports Advisory Service. This service will provide premium weekly subscribers with Arbitrage Alerts, enabling them to secure guaranteed arbitrage profits by leveraging line movements and odds discrepancies identified by No Limit AI across multiple betting platforms. Our AI technology also provides subscribers with real-time statistical updates that can instantly provide highly favorable betting opportunities for in-game, prop, and fantasy plays.

GRNL's Director of Podcasting, Jeff DeForrest, will soon be appearing on several prominent radio shows and podcasts across the country to showcase our AI Arbitrage Service to the betting public. Additionally, notable celebrities will join DeForrest on GRNL's "Bury Your Bookie" podcasts to further promote our No Limit AI betting services.

We will be launching our Daily Fantasy Sports (DFS) platform in time for the upcoming NFL season. Our NoLimitCoin (NLC) powers the DFS app and will be utilized as the currency for all No Limit fantasy contests. We will also be introducing our decentralized crypto exchange in Q4 modeled after Uniswap's non-custodial DEX that incorporates US compliant KYC and AML systems.

Even though this merger has just been completed, it feels like No Limit and Greenlite have been working together for the last 18 months. While we were building our breakthrough betting, crypto, and AI applications, Greenlite was putting together a sports betting podcast network as well as licensing deals with mega sports brands like Woodway and Bare Knuckle Fighting, all of which fit perfectly into our ecosystem. I feel truly blessed to be in this position and pledge total dedication from our talented team to achieve the greatest possible returns for our shareholders."

ABOUT GREENLITE VENTURES:

Through its merger with No Limit Technology Holdings Inc., GRNL is bringing together the efficiency of blockchain technology, cryptocurrency, Artificial Intelligence and newly developed peer-to-peer algorithms powered by NoLimitCoin (NLC) to dramatically disrupt the $300B sports betting market.

SAFE HARBOR STATEMENT

This press release contains certain "forward-looking statements," as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management's current expectations. The economic, competitive, governmental, technological risks pertaining to the Company's business may cause actual results or events to differ materially from those described in the forward-looking statements in this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements whether as a result of new information future events or otherwise. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.

Contact: Jeff DeForrest; 954 288 4725; jeffdeforrest5@gmail.com

Website: https://greenliteventures.com/

SOURCE: Greenlite Ventures, Inc.



View the original press release on accesswire.com

FAQ

What is Greenlite Ventures' (GRNL) new business focus after the merger?

After merging with No Limit Technology Holdings, Greenlite Ventures (GRNL) is focusing on becoming an integrated sports-betting ecosystem, developing non-custodial sports betting platforms, sports advisory services, and crypto exchanges using AI technology and blockchain.

When will Greenlite Ventures (GRNL) launch its Daily Fantasy Sports platform?

Greenlite Ventures (GRNL) plans to launch its Daily Fantasy Sports (DFS) platform in time for the upcoming NFL season, which typically starts in September.

What is the No Limit AI Sports Advisory Service offered by Greenlite Ventures (GRNL)?

The No Limit AI Sports Advisory Service is a premium weekly subscription service that provides subscribers with Arbitrage Alerts and real-time statistical updates for favorable betting opportunities in in-game, prop, and fantasy plays.

When does Greenlite Ventures (GRNL) plan to launch its decentralized crypto exchange?

Greenlite Ventures (GRNL) plans to introduce its decentralized crypto exchange in Q4 of the current year, modeled after Uniswap's non-custodial DEX with US compliant KYC and AML systems.

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