LUMINAR MEDIA GROUP INC - LRGR STOCK NEWS

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Luminar Media Group Inc. (OTC PINK: LRGR), headquartered in Miami, Florida, has undergone significant transformations and strategic ventures to expand its market presence and diversify its business operations. Initially, the company gained recognition as the parent company of Royale de Monte Carlo®, a luxury vodka brand known for its exceptional smoothness and crafted by fifth-generation master distillers in France’s iconic Cognac region. This ultra-premium vodka has successfully secured its place in prominent markets, thanks to strategic alliances with distribution networks including Mexcor International, Nationwide Wine & Spirits, and Stefano Selections, among others.

Recently, Luminar Media Group announced a pivotal move into the financial technology (fintech) sector through the acquisition of FortunCo LLC. This acquisition enables the company to realign its mission towards providing innovative financial solutions to underserved communities. The transition, including a name change to Fortun Corp., marks Luminar's strategic exit from the liquor business, focusing instead on offering revenue-based financing products to minority-owned businesses and entrepreneurs. This initiative is set to redefine the landscape of small business finance, particularly targeting the Hispanic-owned business sector, which is rapidly growing in the United States.

The company is led by interim president and Chairman of the Board, Yoel Damas, a seasoned entrepreneur and attorney, who is committed to empowering underserved communities by facilitating access to capital. Fortun's financing solutions are designed to be transparent, fast, and flexible, supporting the economic growth of small businesses and enhancing shareholder value. With a strong focus on minority-owned enterprises, Fortun aims to support the backbone of the American economy through comprehensive and tailored financial services.

Fortun Corp. is gearing up for a strategic expansion, including negotiations with a national firm for underwriting and regulatory filings, and identifying potential takeover targets and strategic partnerships within the finance, fintech, funding, and factoring industries. These initiatives are expected to expedite the deployment of Fortun’s financing solutions, driving growth and long-term value creation.

For more detailed information on Luminar Media Group Inc. and its ventures, visit the official websites of their respective brands: Royale de Monte Carlo and Stefano Selections.

12/08/2023 01:32 PM

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Royale de Monte Carlo(R) Enhances Footprint with New Partnerships

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Luminar Media Group, Inc. (OTC PINK:LRGR) announces strategic alliances to enhance brand presence and customer engagement for Royale de Monte Carlo® vodka. The partnerships with Rock Orange Agency, Mexcor International, Nationwide Wine & Spirits, Stefano Selections, and Synergy Promo aim to expand distribution, create engaging events, and reinforce the brand's status as a pinnacle of vodka craftsmanship.

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12/05/2023 08:30 AM

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Royale de Monte Carlo is now Distributed in Florida by Mexcor International

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Luminar Media Group, Inc. (LRGR) has announced an agreement with Mexcor International for the distribution of Royale de Monte Carlo Vodka in Florida. Mexcor's extensive sales network covering 46 states and its status as the third largest distributor in Florida provide significant opportunities for Royale de Monte Carlo's market expansion. The agreement aims to make the vodka available in Total Wines and various other locations throughout the state.

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11/29/2023 04:50 PM

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Royale de Monte Carlo(R) Enhances Footprint with New Partnerships

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Luminar Media Group, Inc. (LRGR) announces strategic alliances to enhance brand presence and customer engagement for Royale de Monte Carlo® vodka. The partnerships with Rock Orange Agency, Mexcor International, Nationwide Wine & Spirits, Stefano Selections, and Synergy Promo aim to expand distribution and create engaging off-premise events and tastings. These alliances reflect the brand's commitment to quality and innovation, reinforcing its status as a leader in the luxury spirits sector.

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11/28/2023 08:30 AM

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Royale de Monte Carlo(R) Enhances Footprint with New Partnerships

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Luminar Media Group, Inc. (LRGR) announces strategic alliances to enhance brand presence and customer engagement for Royale de Monte Carlo® vodka. The partnerships aim to expand distribution, with Mexcor International, Nationwide Wine & Spirits, and Stefano Selections, and to create engaging events with Synergy Promo. Juan Sese, COO, emphasizes the significance of these alliances in offering unparalleled vodka experiences.

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09/14/2023 09:55 AM

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Royale de Monte Carlo(R) Vodka and Synergy Promotions Forge a Dynamic Alliance to Elevate the Florida Market Engagement

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Luminar Media Group, Inc. announces a collaboration with Synergy Promotions to expand its vodka brand in Florida.

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08/29/2023 09:00 AM

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Juan M. Sese Joins Luminar Media Group, Inc., The Makers of Royale de Monte Carlo(TM) "The World's Most Prestigious Vodka," as Chief Operating Officer

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Luminar Media Group appoints Juan M. Sese as new COO, highlighting dedication to innovation and growth.

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07/11/2023 08:00 AM

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Royale de Monte Carlo Vodka Coming to Puerto Rico

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Luminar Media Group announces partnership with O.C Coffee Service Corp. to expand Royale de Monte Carlo Vodka into Puerto Rico. The global vodka market is valued at USD 11.63 billion and offers significant growth opportunities. The partnership ensures a minimum purchase of approximately 5,000 cases or 25,000 units of Royale de Monte Carlo Vodka.

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07/06/2023 08:00 AM

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Luminar Media Group Inc. Initiates Corporate Rebranding and Ticker Symbol Change to Support Global Expansion of Royale De Monte Carlo Vodka

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Luminar Media Group, Inc. announces significant developments and strategic initiatives including a corporate name change and new ticker symbol for its flagship vodka brand, Royale de Monte Carlo. The company aims to achieve sustainable growth in the spirits industry and explore strategic opportunities within the sector.

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07/05/2023 08:00 AM

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Royale de Monte Carlo Vodka (OTCMARKETS:LRGR) Coming to ST. BARTS

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Luminar Media Group (OTCMARKETS:LRGR) announces distribution agreement for Royale De Monte Carlo Vodka with Liquoristerie Madras in Guadeloupe, Martinique, St. Barthélemy, St. Martin, Les Saintes, and Marie-Galante. First shipment arriving in Guadeloupe in upcoming weeks. Liquoristerie Madras is a notable distillery and liquor distributor in the French Islands.

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06/29/2023 07:00 AM

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Royale De Monte Carlo Vodka Announces MOU for Distribution Agreement throughout the French Caribbean Islands: Guadeloupe, Martinique, St. Barthélemy (St. Barts, St. Barth), St. Martin, Les Saintes and Marie-Galante

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FAQ

What is the current stock price of LUMINAR MEDIA GROUP (LRGR)?

The current stock price of LUMINAR MEDIA GROUP (LRGR) is $0.04605 as of December 24, 2024.

What is the market cap of LUMINAR MEDIA GROUP (LRGR)?

The market cap of LUMINAR MEDIA GROUP (LRGR) is approximately 3.3M.

What does Luminar Media Group Inc. do?

Luminar Media Group Inc., now transitioning to Fortun Corp., specializes in providing financial solutions to underserved communities through its fintech products. Previously, it was known for its luxury vodka brand, Royale de Monte Carlo®.

What is Royale de Monte Carlo®?

Royale de Monte Carlo® is an ultra-premium vodka crafted by fifth-generation master distillers in France’s Cognac region, known for its exceptional smoothness and quality.

What recent changes have occurred at Luminar Media Group Inc.?

Luminar Media Group Inc. is exiting the liquor business and transitioning to fintech through the acquisition of FortunCo LLC. The company will soon be rebranded as Fortun Corp., focusing on providing innovative financial solutions to minority-owned and underserved communities.

Who is leading the new direction of the company?

The new venture, Fortun Corp., is being led by interim president and Chairman of the Board, Yoel Damas, a seasoned entrepreneur and attorney.

What are Fortun Corp.'s main products and services?

Fortun Corp. provides revenue-based financing products aimed at offering quick and easy access to capital for minority-owned businesses and entrepreneurs.

What markets does Royale de Monte Carlo® target?

Royale de Monte Carlo® targets luxury and premium vodka markets, with a presence strengthened by strategic partnerships and distribution networks across Florida, Pennsylvania, Washington DC, Maryland, and recently expanded into the Caribbean and New Jersey.

How has Fortun Corp. positioned itself in the financial market?

Fortun Corp. aims to empower underserved communities and small businesses by providing fast, transparent, and flexible financial solutions, thereby supporting community development and enhancing shareholder value.

What is the expected impact of Fortun Corp.'s fintech products?

Fortun Corp.'s fintech products are expected to redefine the small business finance landscape by making capital more accessible to minority-owned entrepreneurs, thus driving economic growth and community development.

What strategic partnerships has Fortun Corp. formed?

Fortun Corp. is in discussions with national firms for managing underwriting and regulatory filings, and is identifying potential partnerships with other finance, fintech, funding, and factoring companies to accelerate growth.

Where can shareholders find more information on the company's progress?

Shareholders can find detailed information on the company's progress through official press releases, SEC filings, and updates on Fortun Corp.'s website.