LADYBUG RES GROUP INC - LBRG STOCK NEWS

Ladybug Resource Group, Inc. (OTC PINK: LBRG), operating as Ladybug Nutratech, is capitalizing on the growing nutraceuticals market trend. The company reported $6.0 million USD in revenue for the first half of 2024, a 114% increase in market size. This growth aligns with the global nutraceuticals market projection, expected to reach USD 976.74 billion by 2032 at a CAGR of 9.95%.

The U.S. nutraceuticals market is forecasted to hit USD 163.15 billion by 2032, driven by increased consumer awareness of health benefits. Ladybug's initiatives include new product lines, strategic acquisitions, and the launch of NutraBuddy, an AI-powered eCommerce platform targeting 10 million users in its first year.

The rising popularity of nutraceuticals is attributed to growing consumer knowledge about their role in preventing health disorders and promoting overall wellness. Industry players are focusing on market penetration through supply chain digitalization, celebrity collaborations, and strengthening e-commerce platforms.

Ladybug Resource Group, Inc. (OTC PINK: LBRG), operating as Ladybug Nutratech, reports continued sales growth across all business segments. This follows the company's recent announcement of surpassing $6.0 million USD in revenue for the first half of 2024. The growth is attributed to strategic initiatives including:

1. Introduction of new product lines
2. Strategic acquisitions
3. Launch of NutraBuddy, an AI-powered eCommerce platform targeting 10 million users in its first year

Ladybug focuses on online marketing and sales, offering innovative products that blend nutritional and pharmaceutical elements. The company is capitalizing on the growing health and wellness trend, particularly among aging populations seeking natural and preventive health solutions. CEO James Kurko expressed satisfaction with the results and anticipates a remarkable 2024.

Ladybug Resource Group, Inc. (OTC PINK: LBRG), operating as Ladybug Nutratech, has provided an update on its AI-driven NutraBuddy platform, which is currently in Alpha Testing. The company reports significant progress in refining the platform's code based on valuable user interaction data. NutraBuddy is designed to scale revenues for corporate-owned businesses and can be sold through licensing, royalty, or direct sales models to other businesses.

Ladybug Nutratech expects the platform to attract approximately 10 million new users in its first year after release. The Alpha Testing phase has helped identify key areas for improvement and implement essential enhancements to improve functionality and user experience. The company remains focused on delivering an innovative AI-driven solution for personalized nutritional recommendations as it progresses toward the Beta Testing phase.

Ladybug Resource Group, Inc. (OTC PINK: LBRG), operating as Ladybug NutraTech, reported $6.0 million USD in revenue for the first half of 2024, a significant increase of $2.8 million USD compared to total 2023 revenues. This 84% growth is attributed to strategic initiatives including website acquisitions, product line expansion, and e-commerce platform optimization.

The company's proprietary AI platform, NutraBuddy, is showing promising results in Alpha testing. It aims to provide personalized health and wellness recommendations using a sophisticated Large Language Model (LLM). Tamara Maxfield, a key figure in the company, emphasized their commitment to growth objectives while maintaining a prudent approach to risk management and focusing on long-term sustainability and shareholder value.

Ladybug Resource Group, Inc. (OTC PINK: LBRG), now Ladybug NutraTech, signed a Letter of Intent to acquire an e-commerce platform from Your Supplement Supply Store This move targets a niche market of busy professionals, day traders, and cryptocurrency traders, offering specialized nutritional products. The acquisition is expected to increase annual revenue by $3.5 million in the first year, enhancing market presence and product offerings.

Ladybug NutraTech, operating as Ladybug NutraTech, has partnered with Aggregate Intellect Inc. to develop its NutraBuddy AI platform, aiming to revolutionize the health and wellness sector. NutraBuddy offers personalized health advice, connects users to local resources, and plans to utilize affiliate marketers for market success. Aggregate Intellect provides access to a pool of AI experts, enhancing business efficiencies. This collaboration enhances customer engagement and solidifies Ladybug NutraTech's market presence.

Ladybug Resource Group, Inc. announces the opening of a second warehouse in Toronto by Fitness Fuel Depot to meet the rising demand for e-commerce. The expansion aims to enhance distribution efficiency and support product availability. FFD specializes in nutraceuticals and sports supplements for online retailers, leveraging supply chain management for timely delivery. Ladybug's focus on streamlining logistics showcases its adaptability and growth in the e-commerce health sector.

Ladybug Resource Group, Inc. (LBRG) is expanding its e-commerce revenue model through strategic acquisitions, with Growhouse Nutraceuticals eyeing 'Your Supplement Supply Store 's' primary website. This move is projected to add $2.25 million in annual revenue by targeting the health and wellness sector, specifically Yoga and Pilates enthusiasts. The acquisition aligns with Ladybug's growth strategy to enhance its online presence and market share in the industry.

Ladybug Resource Group, Inc. (LBRG) reports a significant financial milestone with Q1 revenue exceeding $2.1 million, representing over 50% of its total revenue for 2023. The company's growth is attributed to strategic initiatives, including e-commerce acquisitions, showcasing strong financial stability and growth prospects for 2024.