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The news page for NUGENE INTERNATIONAL, INC (NUGN) provides an archive of company communications that now identify the issuer as Livento Group, Inc. These press releases describe Livento Group’s activities in acquiring and developing businesses in film and television production, content, technology, robotics, artificial intelligence, and logistics. Readers can review how the company presents its strategy, operational highlights, and corporate developments over time.
Company news frequently focuses on BOXO Productions, the film and television production subsidiary. Releases discuss BOXO’s involvement in specific movies, its ownership stakes in film projects, and initiatives such as the BOXO Fund, which is introduced as an investment product tied to film financing. Updates also highlight milestones around movie releases and performance of titles in which BOXO holds an interest.
Another recurring theme in the news flow is the Robotics and AI division, including the Elisee portfolio management tool and the Novel‑Ti technology business. The company’s releases describe Elisee’s historical performance relative to certain market indices and outline plans for expanding its use. They also discuss the broader Robotics & AI activities and their role in the company’s strategy.
News items additionally cover the company’s relationship with Global Dot Logistics, steps related to OTC market status such as Form 211 submissions and OTCQB applications, and corporate actions including share buybacks and financing agreements. For investors and observers, this page offers a centralized view of how the entity historically known as NuGene International, Inc. and now described as Livento Group, Inc. has communicated its progress, plans, and structural changes.
Livento Group, Inc. (OTC Pink:NUGN) has announced its Q2 2024 results, showcasing significant achievements and strategic progress. Key highlights include:
- BOXO: Eight movie projects in production phase, with 'Locked' expected to enter distribution soon.
- Elisee Performance: Outperformed DJIA by 12% in volatile market conditions.
- Global Dot Logistics (GDL): Progressing towards acquiring a second company with $15M annual revenue.
- QB Upgrade: Finalizing name change process and submitted QB and 2-11c applications.
- Financial Performance: 29% YoY revenue growth and 12% QoQ increase.
- BOXO reported $365,307 in movie project income for Q2 2024.
CEO David Stybr emphasized focus on OTCQB upgrade, movie production advancement, and GDL acquisition finalization.
Livento Group, Inc. (OTC Pink:NUGN) has announced a significant share buyback of 90 million shares, representing nearly 11% of its total outstanding shares. This strategic move is part of a broader initiative to reduce the company's share count and restructure its share structure more effectively. The buyback demonstrates Livento Group's commitment to enhancing shareholder value and reflects the company's strong performance and positive outlook.
Additionally, Livento Group's subsidiary, Boxo Productions, has achieved a major milestone with its film "Land of Bad" reaching the number one spot for streaming on Netflix. This success highlights the quality of Boxo Productions' content and reinforces Livento Group's position in the film and content sectors.
Livento Group, Inc. reports strong 1Q 2024 results, with impressive revenue growth and asset expansion. Operational highlights include successful movie releases, portfolio management tool outperforming market expectations, and progress towards IPO or SPAC listing. Financially, the company sees revenue growth from advisory services and income from movie projects, with assets increased by acquiring shares in Global Dot Logistics. CEO and CIO express confidence in the company's growth trajectory and future prospects.
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