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LiveToBeHappy, Inc. (OTC: CAVR) has appointed Joe Caprino as President and Chief Commercial Officer. Caprino brings over 30 years of experience in business development across various sectors. He will oversee the company's commercial strategy and manage subsidiaries aimed at driving growth. CEO Kevin Cox expressed confidence in Caprino's ability to enhance business operations and shareholder value. Caprino emphasized the company's unique portfolio and commitment to operational excellence and expansion.
LiveToBeHappy, Inc. (OTC: CAVR) Reports Record Q3 2022 Results
LiveToBeHappy announced a net income of $0.6 million for Q3 2022, representing a 132% increase from Q2 2022. Revenues reached $4.8 million, a staggering 1,010% increase year-over-year and up 74% sequentially. For the nine months ending September 30, 2022, total revenues were $10.1 million, a 129% increase compared to the previous year. The company aims for a 2023 revenue target of at least $35 million while acknowledging operational delays that revised its 2022 outlook to a minimum of $20 million.
LiveToBeHappy, Inc. (OTC: CAVR) has launched a new commercial real estate and business brokerage firm named Monument Real Estate Partners in Charlotte, NC. This strategic addition aims to enhance LTBH's diversified portfolio, offering specialized services such as property acquisitions and tenant representation. The founding team boasts over 40 years of real estate experience, which is expected to facilitate the firm's growth throughout North Carolina and beyond. The CEO emphasizes leveraging the team's expertise to offer effective business solutions.
LiveToBeHappy, Inc. (OTC: CAVR) announced the nomination of four new board members aimed at enhancing its leadership as it enters a new growth phase. Christin McClave, Bona Allen, Xavier Grier, and Joe Caprino bring diverse expertise from various industries. Additionally, CEO Russell Sinacori takes over as Chairman following Bob Silver's resignation. The changes aim to strengthen corporate governance, supporting plans for an uplisting. Silver's tenure led to significant acquisitions and innovations, setting a strong foundation for the company's future.
LiveToBeHappy, Inc. (OTC: CAVR) announced the launch of its online educational platform, Growing Together Academy (GTA), designed to enhance student engagement through technology. The platform features celebrity influencers and a curriculum focused on critical thinking and STEM skills. Executive Chairman Bob Silver noted strong initial demand, suggesting GTA could provide a stable revenue stream for LTBH as its user base grows. GTA aims to make education affordable and enjoyable for families, addressing traditional educational challenges.
LiveToBeHappy, Inc. (CAVR) reported a significant milestone in its financial performance, achieving a net income of $274,000 in Q2 2022, reversing a net loss of $152,000 from the previous year. This marks a notable transformation for the company, with revenue increasing 35% year-over-year to $5.4 million in the first half of 2022. LTBH is reaffirming its full-year revenue projection of $30 million, doubling its 2021 figures, and emphasizes a resilient revenue mix less dependent on the housing market.
LiveToBeHappy, Inc. (CAVR) announced participation at the Q3 Virtual Investor Summit set for August 16, 2022. Management will showcase the Company’s innovative lifestyle brands and operational advancements in a live presentation scheduled for 11:00 a.m. Eastern Time. Attendees can engage with management in real-time or access an archived webcast later. Investors are encouraged to pre-register for a seamless experience. The Company focuses on acquiring undervalued assets and managing a diverse portfolio across several sectors to enhance lifestyle brand offerings.
LiveToBeHappy, Inc. (CAVR and LTBH) announces participation in the Small Cap Growth Virtual Investor Conference on July 7, 2022, at 12:30 p.m. ET. Management will showcase the company’s innovative lifestyle brands, operational advancements, and growth strategy during this live, interactive online event.
Investors can submit questions in real-time. A recorded archive will also be available post-event. Pre-registration is recommended for a smoother experience. Additional virtual one-on-one meetings with management will also be available during the conference.
LiveToBeHappy, Inc. (OTC: CAVR) has announced the grand opening of its RenuYou clinic in Myers Park, Charlotte, scheduled for October 2022. This expansion represents the company’s commitment to neurofeedback therapy, with positive patient feedback noted. CEO Kevin Cox expressed optimism about enhancing community lives through this initiative. CFO Grant Edwards highlighted the franchise strategy's potential to diversify revenue and contribute positively to financial performance, which suggests a focused growth trajectory for LiveToBeHappy.
LiveToBeHappy, Inc. (CAVR) has partnered with MZ Group to enhance its investor relations and financial communications. This collaboration aims to boost visibility and promote LTBH's vertically integrated lifestyle and real estate services through a comprehensive capital markets strategy. The company anticipates doubling its 2021 revenue to $25 million in 2022, supported by a growing acquisition pipeline and a focus on wellness technologies. Additionally, LTBH is preparing for a financial audit and plans to become a fully reporting company, paving the way for an uplist to OTCQB®.
