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WALL STREET NEWS
BREAKOUT ALERT – STOCK SOARS
LIVENTO GROUP INC
OTC NUGN
Livento Group (NUGN) BOXO New Projects – “Beirut Spy and Evil Things”
Livento Group (NUGN) BOXO New Projects – The B Team and God’s Country
Livento Group (NUGN) Appoints Hamon Francis Fytton as a Strategic Advisor
Movie And Video Games Rights For $32.25 Million
May Reach $120 Mill Revs
Livento Group (NUGN) BOXO New Projects – “Black Cotton Star and OBITS”
Livento Group (NUGN) BOXO New Projects – “The Lion, the Polygamist, and the Biofuel Scam” and the Game “Medieval”
Livento Group says acquisition of movie and video games rights takes BOXO to the next level
UPDATE
| These artificial intelligence and entertainment shares have recently rebounded breaking above its $0.06 cent resistance level after hitting a $0.20 cent high earlier in the year.A recent acquisition has fueled this breakout which we feel will continue, first testing $0.08 and then $0.11 cent levels These shares are undervalued and could approach and test the $0.20 cent previous high.We urge all serious investors to place these shares on their BUY LISTWATCH VIDEO***********************************Livento Group (NUGN) BOXO New Projects – “Beirut Spy and Evil Things”NEW YORK, NY / ACCESSWIRE / July 5, 2023 / Livento Group, Inc. (OTC Pink:NUGN), a dynamic group that specializes in acquiring and developing companies with disruptive business models in film, content, and technology for fund managers, announces the details of two new projects to be produced by BOXO Productions as part of the $32.25m acquisition previously announced in May 2023.BOXO Productions (www.boxoproductions.com) is a production company investing in and building what the industry terms a content library that holds and develops Movie, TV and Game assets which produce reoccurring revenue for the company and its shareholders.”We are thrilled to announce a movie and TV series from our recent acquisition. ‘Beirut Spy’ and the TV series, ‘Evil Things’ are great assets to add to our portfolio which we continue to build. As stated in the initial release, this acquisition adds revenue, cash flow and profit. We will continue to acquire and produce more content, which will increase value to the company and shareholders”, said David Stybr, CEO of BOXO.Beirut SpyAn insider’s account of post-war Middle East espionage, filled with intrigue, conspiracy, and real-life spies. It’s an exciting spy thriller, featuring notable figures like Kim Philby, Miles Copel, Wilbur Crane and James Russell Barracks.Based on the story by Said K. Aburish, known for the TV series House of Saddam and Frontline.BOXO productions have acquired 2% of this movie. Beirut spy has expected worldwide and box office revenues of over $120,000,000.Beirut Spy is expected to be released in 2025. The movie is written by Bob Edwards and produced by Daniel Dubecki, who previously worked with Lara Alameddine, and the movie Up in the Air.Evil ThingsDetective Hella Mauzer unravels a complex case of a missing elderly man in a remote Lapland village. Chauvinism and international intrigue complicate her investigation. A murder victim is then discovered in the forest. But what Hella doesn’t know is that a small village nearby is harboring another crime.The series will be developed during 2023, it is based on a book by Katja Ivar. Revenues are expected to be in the tens of millions (USD).BOXO productions have acquired 7.5% of the TV series Evil Things, which is expected to be released in 2025. It’s one of seven TV series BOXO has in its portfolio under development.About Livento GroupLivento Group (OTC Pink: NUGN) is focused on acquiring and developing companies with disruptive business models. The company recently launched BOXO Productions, a film and television production subsidiary led by a top actor and producers in the industry. For more information, visit www.liventogroup.com and www.boxoproductions.com.WEBSITE ENTERTAINMENT AI – ROBOTICS NEWS Livento Group (NUGN) BOXO New Projects – “Black Cotton Star and OBITS”NEW YORK, NY / ACCESSWIRE / June 27, 2023 / Livento Group, Inc. (OTC PINK:NUGN), a dynamic group that specializes in acquiring and developing companies with disruptive business models in film, content, and technology for fund managers, announces the details of two new projects to be produced by BOXO Productions as part of the $32.25m acquisition previously announced in May 2023.”We are thrilled to announce a Movie and TV series from our recent acquisition. ‘Black Cotton Star’ and the TV series ‘Obits’ are great assets to add to our portfolio which we continue to build. As stated in the initial release, this acquisition adds revenue, cash flow and profit. We will continue to acquire and produce more content, which will increase value to the company and shareholders.” said David Stybr, CEO of BOXO.Black Cotton StarBased on the book written by Yves Sente, in World War 2, a suicide squad of African-American soldiers is dispatched on a mission to retrieve the first-ever American flag stolen by Nazis.BOXO productions have acquired 2% of this movie and worldwide screenings and box office revenues of over $300,000,000 are targeted. It is expected to be released in 2025. The movie is written by Benjamin Raab, who worked on The Flash and Arrow, and directed by Reginald Hudlin, who produced Django Unchained and directed, Sidney, among other successful movies.OBITSBased on a short story by Stephen King, and set around Michael Anderson’s job at Neon Circus, the plot takes a dark turn when he realizes the obituaries he writes have the power to kill. This leads him down a path of addiction and escalating consequences as he targets individuals and even entire groups who share the same name. Ultimately, he’s forced to leave his job, relocate, and embrace the idea that stories never truly end.The series will be developed later this year and the selection phase for the right director is underway. Revenue of tens of millions (USD) is expected. BOXO productions have acquired 2% of this TV series, which is expected to be released in 2025. It’s one of seven TV series BOXO has in its portfolio under development.About Livento GroupLivento Group (OTC Pink: NUGN) is focused on acquiring and developing companies with disruptive business models. The company recently launched BOXO Productions, a film and television production subsidiary led by a top actor and producers in the industry. For more information, visit www.liventogroup.com and www.boxoproductions.com.Safe Harbor Statement:This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements as predictions, projections, or references future events and expectations, possibilities, or similar. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. Although the Company believes the expectations reflected in our forward-looking statements are based on reasonable assumptions, the Company is unable to give any assurance that its expectations will be attained due to several variable factors. Factors or events that could cause actual results to differ may emerge, and it is impossible for the Company to predict all of them. Some of these risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, in customer order patterns, changes in consumer trends, and various other factors beyond the Company’s control. Although the Company intends to provide public updates, it undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.Livento Group (NUGN) Appoints Hamon Francis Fytton as a Strategic AdvisorNEW YORK, NY / ACCESSWIRE / June 22, 2023 / Livento Group, Inc. (OTC PINK:NUGN), a dynamic group that specializes in acquiring and developing companies with disruptive business models in film, content, and technology for fund managers, announces the appointment of Hamon Francis Fytton as a strategic advisor. Mr. Fytton will provide direct support to our legal and accounting team with special responsibility for SEC filings and company structure.Hamon Francis Fytton is an experienced legal advisor who has been working in the SEC and listed companies’ environment since 1997. Alongside two partners, he started Internet Advisory Corporation with $20,000 and built a business valued at over $100 million in only four years. During this period, he raised over $4 million from investors and successfully took the company public. His record of public filing on the SEC website is very impressive and we are pleased to have him on board.Mr. Fytton has in his career incorporated many public companies and consulted with many more. In addition, Francis is a Director of Gold Coast Venture Corporation (GCVC), which is a not-for-profit corporation founded in 1984. GCVC assists the entrepreneurial and business communities of South Florida.Mr. Fytton specializes in US and Canadian IPOs, Reg A programs, and other SEC filings. More recently he has been invited to join the Executive Leadership Program at Florida Atlantic University’s Adams Center for Entrepreneurship.”Mr. Fytton is very experienced with an impressive track record. We are confident he will assist Livento Group with our current filings including Form 10 and, in the future, the QB uplisting process. Mr. Fytton is also the legal advisor to Global Dot Logistics, and his SEC relationships and experience are very beneficial as we move forward.” said David Stybr, CEO of Livento Group.About Livento GroupLivento Group (OTC Pink: NUGN) is focused on acquiring and developing companies with disruptive business models. The company recently launched BOXO Productions, a film and television production subsidiary led by a top actor and producer in the industry. For more information, visit www.liventogroup.com and www.boxoproductions.com. Livento Group (NUGN) BOXO New Projects – “The Lion, the Polygamist, and the Biofuel Scam” and the Game “Medieval”NEW YORK, NY / ACCESSWIRE / June 20, 2023 / Livento Group, Inc. (OTC Pink:NUGN), a dynamic group that specializes in acquiring and developing companies with disruptive business models in film, content, and technology for fund managers, announces the details of two new projects to be produced by BOXO Productions as part of the $32.25m acquisition previously announced in May 2023.”We are thrilled to announce a TV series and game from our recent acquisition. ‘The Lion, the Polygamist, and the Biofuel scam’ and the game ‘Medieval’ are great assets to add to our increasing portfolio. As stated in the initial release, this acquisition brings an increase in revenue, cash flow, profit, and the dry powder to continue to acquire and produce more content.” said David Stybr, CEO of BOXO.The Lion, the Polygamist, and the Biofuel ScamBased on the article featured on Wired, the movie is about a scam of the decade in Los Angeles, by a polygamist and an Armenian gangster. BOXO productions has acquired 7.5% of this TV Series, which is expected to be Released in 2025, it’s one of seven TV series BOXO has in its portfolio currently under development.The movie is written Jessica Lambert and Director Joe Berlinger who directed Extremely Wicked, Shockingly Evil and Vile, Joe has won a Oscar and has a total of 38 nominations. He has just finished Madoff: The Monster of Wall Street TV Series. We are extremely pleased to have him Join BOXO’s on this TV Series.The Medieval GameThe Game follows the movie Medieval , which was produced and directed by Petr Jakl. BOXO has a 50% share in the mobile version, along with 1% from global distribution on PC, Xbox, and PlayStation platforms. The game has real actors names under license, characters such as Michael Caine, Ben Foster and Sophie Lowe feature in the game. Medieval will be released as worldwide product, with potential revenue of over $100 million from streaming and downloads.The movie has been successful already, Netflix has bought it for more than 40 countries. The game is already showing great potential, with a license to use real actor’s names which is an important feature.About Livento GroupLivento Group (OTC Pink: NUGN) is focused on acquiring and developing companies with disruptive business models. The company recently launched BOXO Productions, a film and television production subsidiary led by a top actor and producers in the industry. For more information, visit www.liventogroup.com and www.boxoproductions.com.Livento Group (NUGN) BOXO New Projects – The B Team and God’s CountryNEW YORK, NY / ACCESSWIRE / June 13, 2023 / Livento Group, Inc. (OTC Pink:NUGN), a dynamic group that specializes in acquiring and developing companies with disruptive business models in film, content, and technology for fund managers, announces the details of two new projects to be produced by BOXO Productions as part of the $32.25m acquisition announced in May 2023.”We are thrilled to announce the next two movies from our recent acquisition. ‘The B Team’ is one of our top projects, and the revenues of ‘God’s Country’ should be visible early next year. We are extremely excited about the quality of the movies recently acquired. As stated in the initial release, this acquisition brings an increase in revenue, cash flow, profit and the dry powder to continue to acquire and produce more content. ” said David Stybr, CEO of BOXO.The B TeamIn a world where superheroes and villains battle for public entertainment, an experiment that has gone wrong gives four misfit kids the world’s worst superpowers. They enter a gladiatorial tournament to expose their evil creators.Based on Stan Lee’s script, this piece is one of the top 5 projects acquired in the latest BOXO acquisition, with expected revenues above $600 million. “The B Team” will be a high-profile movie with high-profile actors and an impressive budget of $200 million. The script is due to be completed in the coming months, and casting will follow in the autumn of 2023. “The B Team” will be filmed in a similar style to the Avengers, Doctor Strange, or Spider-Man series.God’s CountryThe story follows a young Salvadoran woman as she travels to Kentucky to meet her fiancé. Along the way, she uncovers a sinister mystery that is beyond comprehension, ultimately transforming her American dream into a nightmare.Directed by Egor Abramenko, this stylish horror movie is set to be filmed in 2023 and released in the second half of 2025. It is written by Will Soodik, who has participated in Westworld, a successful HBO Max series. The film also stars Melissa Barrera. With a revenue target of $170 million, “God’s Country” aims to captivate audiences.About Livento Group, Inc.Livento Group (OTC Pink:NUGN) is focused on acquiring and developing companies with disruptive business models. The company recently launched BOXO Productions, a film and television production subsidiary led by a top actor and producers in the industry. For more information,visit www.liventogroup.com and www.boxoproductions.com.Safe Harbor Statement:This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements as predictions, projections, or references future events and expectations, possibilities or similar. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. Although the Company believes the expectations reflected in our forward-looking statements are based on reasonable assumptions, the Company is unable to give any assurance that its expectations will be attained due to several variable factors. Factors or events that could cause actual results to differ may emerge, and it is impossible for the Company to predict all of them. Some of these risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, in customer order patterns, changes in consumer trends, and various other factors beyond the Company’s control. Although the Company intends to provide public updates, it undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.Livento Group (NUGN) BOXO Projects IntroductionNEW YORK, NY / ACCESSWIRE / June 5, 2023 / Livento Group, Inc. (OTC PINK:NUGN), a dynamic group that specializes in acquiring and developing companies with disruptive business models in film, content, and technology for fund managers, announced the start of the list of movies acquired last week.BOXO Productions Inc, is a 100% owned subsidiary of Livento Group Inc, Livento previously announced on 30th of May 2023 the acquisition of 44 new movie, TV projects and 3 games in the amount of $33.25 million.BOXO has acquired between 1-10% stake in each, within the next 5 years. The acquisition has expected revenues of $120m to BOXO combining development and profit share of finalized movies. BOXO expects that in total the 44 acquired projects gross $8.6 billion in box office sales globally. The first seven finalized projects should contribute approximately $1-2 million to BOXO revenues in the next 12 months. From the slate of projects acquired three movies are in the final stage of production and should deliver box office revenues in Q1 – Q2 2024. The remaining Projects will be completed in 2025. We will be receiving revenues from all of these upcoming projects in pre-production, mid-production, and post-production.The Budgets for the movies are based on similar movies that were previously produced by the same people and studios that work with our team. The movies whose names can be announced are already published on the BOXO website.Our production team works on these projects with some of the best people in the industry and with studios that have strong proven track records. As an example, we work closely with Sam Raimi. Sam Raimi is a Movie Director and Producer that has filmed the Spiderman movies for Marvel and Doctor Strange 2. He is one of the most sought-after Directors and Producers in Hollywood these days, with an incredible track record. Some of his movies have achieved Box Office revenues of over $800 million. It is worth noting that in 25 movies that he was involved in the average return was 4x the original budget in box office revenues.”Moving forward, we will introduce two or three movies every week showcasing the details so that shareholders can see the true power of the BOXO acquisition. As part of the agreement, BOXO also has a percentage share of sequels produced. Sequels bring additional significant revenue opportunities for BOXO.” said David Stybr, CEO of BOXO.About Livento GroupLivento Group (OTC Pink: NUGN) is focused on acquiring and developing companies with disruptive business models. The company recently launched BOXO Productions, a film and television production subsidiary led by a top actor and producers in the industry. For more information, visit www.liventogroup.com and www.boxoproductions.com.Safe Harbor Statement:This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements as predictions, projections, or references future events and expectations, possibilities or similar. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. Although the Company believes the expectations reflected in our forward-looking statements are based on reasonable assumptions, the Company is unable to give any assurance that its expectations will be attained due to several variable factors. Factors or events that could cause actual results to differ may emerge, and it is impossible for the Company to predict all of them. Some of these risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, in customer order patterns, changes in consumer trends, and various other factors beyond the Company’s control. Although the Company intends to provide public updates, it undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.Livento Group (NUGN): BOXO Productions Acquires Movie and Video Games rights for $32.25 Million USD, bringing in a New Era of Entertainment ExcellenceNuGene International, Inc./ Livento Group, Inc . (OTC: NUGN), is a dynamic group that specializes in acquiring and developing companies with disruptive business models.Livento’s focus in the last two years was to reengineer our business and business model. Livento has invested significant financial resources coupled with hiring and developing the team to deliver on these objectives. Investments in BOXO, our Movie development business plus acquisitions in software development through the acquisition of Novel-Ti and the pending IPO of GDL position us well moving forward.The BOXO Productions brand is Livento’s flagship business. The experience and potential in BOXO’s production team has unique access in the movie industry. The financials of the business model are incredibly powerful. Through diversification, fixed margins, and a share of box office revenue, this creates a strong foundation for BOXO growth.Today, BOXO has made one of most important steps in its history. BOXO has acquired assets worth $22,900,000 (twenty-two million nine hundred thousand USD) in Movies and $9,350,000 (nine million three hundred and fifty thousand USD) in related gaming and entertainment content.“This deal takes BOXO to the next level. We are pleased that our production team and industry contacts made this possible. After 4 (four) months of negotiations and various discussions with producers and counterparties, the BOXO movie content library will increase and include 44 movies titles in various stages. Investors should note that some titles are already complete therefore they are delivering revenue as well as movies to be further developed ‘packaged’ as well as filmed not released pieces. ‘Acquiring this content signifies that BOXO is becoming a recognized player in the industry,” said David Stybr, BOXO Productions CEO.The uniqueness of the deal is that BOXO has the right to the same percentage in the case that any sequel for the movies is created. This constitutes an additional bonus, as the potential for considerable revenue remains without further financial investment into the franchise.The acquisition is increasing BOXO assets by a multiple of 4 (four), bringing a total of 49 projects under the brand. BOXO plans to manage private content library funds. This very significant increase in assets under management will attract high net-worth and institutional investors and provide them with the confidence that we are a mature business with the experience to manage and develop large content libraries.BOXO will make publicly available the details about each of the projects with its development plans, expected revenues and description. The Video games are based on the movies we are acquiring. For example, one of the games is based on the movie titled ‘medieval’ which will be released on Mobile and PC.BOXO has acquired a percentage ownership in the following content:7 finalized movies6 television series2 Documentaries29 projects currently in productionThe full list will follow shortly after this release.The acquisition was paid through proceeds from real estate in amount of USD $7,250,000 and by shares issued at a price for 6.5 cents. Our partners believe that the Livento management team and BOXO is a strategic partner that has the right foundations and enroute to build a much larger movie and entertainment company. These shares are restricted for a period of 6 months.Our Partners who are now Investors and shareholders consider this a long-term investment and are fully aware of the company’s ambition to proceed and apply to up list to NASDAQ.Several videos showcasing some of the content can be seen here: Video 1 – Video 2“The capital increase is a step forward for Livento’s plan to progress to NASDAQ. We have increased our yearly revenues by 80% and we anticipate a significant increase in our market valuation. Revenues from movies that have already been released will increase our revenue and cash flow, thereby enhancing our ability to invest in new projects” commented David StybrAbout Livento Group, Inc.Livento Group (OTC: NUGN ) is focused on acquiring and developing companies with disruptive business models. The company recently launched BOXO Productions, a film and television production subsidiary led by a top actor and producers in the industry. For more information, visit www.liventogroup.com and www.boxoproductions.com . Livento Group announces the settlement of the promissory note and an equity investmentNuGene International, Inc./ Livento Group, Inc . (OTC: NUGN ), a fully public reporting holding company to the U.S. Securities and Exchange Commission has obtained new financing from leading institutional investor in the United States.The investor has acquired an old note of Livento Group from Kodiak Capital Group LLC. (“KCG”) and as part of the transaction, Livento Group has issued 40,000 shares of its newly created Series E Preferred Stock. Livento’s management has announced that a potential loss/dispute has been averted, where KCG could have claimed an outstanding balance on the note, including interest and penalties, exceeding $600,000.In addition to acquiring an old pending note of Livento Group, the investor has agreed to make an initial investment of up to $750,000 in the company in restricted F class shares. The Investment is expected to have a positive impact on Livento Group’s financial position and represents a significant step forward in the company’s continued growth strategy. Furthermore, the investor has expressed its intention to invest additional funds in Livento Group at a later stage. The investment is seen as a validation of Livento Group’s business model and its management team’s ability to execute its growth plans.Livento Group is gaining significant attention in the investment industry with its innovative approach to building great businesses. This investment is a significant vote of confidence in Livento Group’s potential for growth and innovation. As one of the prominent institutional investors in the United States, this company is renowned for its ability to identify promising companies and support their development and expansion.Livento Group’s potential for success is underscored by this investment, serving as a compelling testament to their capabilities. “Securing this investment fills us with immense excitement,” expressed David Stybr, CEO of Livento Group. The infusion of capital will empower us to persistently drive innovation, introducing novel products and services to the market. We eagerly anticipate a prosperous partnership ahead.”The investment will provide Livento Group with the necessary resources to accelerate its growth and expand its reach in the market. The access to capital provided by the investor will be used by Livento for further investment by the group.About Livento Group, Inc.Livento Group (OTC: NUGN ) is focused on acquiring and developing companies with disruptive business models. The company recently launched BOXO Productions, a film and television production subsidiary led by a top actor and producers in the industry. For more information, visit www.liventogroup.com and www.boxoproductions.com .Safe Harbor Statement:This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements as predictions, projections, or references future events and expectations, possibilities or similar. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. Although the Company believes the expectations reflected in our forward-looking statements are based on reasonable assumptions, the Company is unable to give any assurance that its expectations will be attained due to several variable factors. Factors or events that could cause actual results to differ may emerge, and it is impossible for the Company to predict all of them. Some of these risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, in customer order patterns, changes in consumer trends, and various other factors beyond the Company’s control. Although the Company intends to provide public updates, it undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. Livento Group (NUGN) Logistics Holding Development Update(NewsDirect)NuGene International, Inc./ Livento Group, Inc . (OTC: NUGN), is a dynamic group that specializes in acquiring and developing companies with disruptive business models.Livento is proud to announce the start of Global Dot Logistics (GDL) . Specializing in the logistics sector, GDL will operate primarily as a holding company for multiple logistics subsidiaries across USA and Europe, with Livento holding an 15% ownership stake in the company. Livento Group’s management works actively with GDL, and its management contract will bring further revenues to the company.As part of its growth plan, Livento announces the official renaming of its logistics subsidiary from “Eurodot” to “Global Dot Logistics.” GDL’s objective is to expand through acquisitions, utilizing the holding company to manage and operate its subsidiary companies. GDL plans to scale up rapidly and create a global logistics network across the USA and EU.GDL is excited to confirm the completion of an acquisition of a target company in Prague established in 2009, which has grown organically over the years, adding multiple transportation methods including road, air, sea, and rail, as well as storage services. With a turnover of $16m in 2022 and an extensive client base of globally recognized companies, the acquisition is a significant milestone for GDL. Livento Group’s management actively supports GDL’s vision and growth plans.GDL’s management team is currently in discussions for a second acquisition, with due diligence already underway for a company based in Nevada, USA. The company currently operates in the trucking sector and provides managed warehouse services.Global Dot Logistics has set an ambitious target turnover of over $55m within the next 12 months, which will be achieved through acquisitions. The companies within the GDL group will benefit from its internal distribution network across the USA and Europe, which will facilitate seamless operations.Global Dot Logistics has obtained Reg A certification from the SEC and completed the registration process for Reg D. GDL plans to raise $5 million initially via Reg A and subsequently pursue additional acquisitions through Reg A/D offerings. Livento Group’s establishment of Global Dot Logistics marks another significant step in the group’s growth strategy. The subsidiary’s focus on acquisitions and its vision for a global logistics network, supported by Livento group, positions Global Dot Logistics to become a dominant player in the logistics sector.About Livento Group, Inc.Livento Group ( OTC: NUGN ) is focused on acquiring and developing companies with disruptive business models. The company recently launched BOXO Productions, a film and television production subsidiary led by a top actor and producers in the industry. For more information, visit www.liventogroup.com and www.boxoproductions.com . Livento Group (NUGN) Artificial Intelligence Acquisition CompleteNuGene International, Inc./ Livento Group, Inc . (OTC: NUGN ), a dynamic group that specializes in acquiring and developing companies with disruptive business models in film, content, and technology for fund managers, announced it has finalized the acquisition of Novel-Ti , a company specializing in Artificial Intelligence and Robotic Industry Solutions.About Novel-TiNovel-Ti was created in 2013 by two partners, an engineer in computer science and a PhD engineer who is qualified in electrical engineering and fuzzy logic, which is an approach to variable processing that allows for multiple possible truth values to be processed through the same variable.Novel-Ti has eight engineers and PhD engineers. It has developed many bespoke innovative applications, utilizing artificial intelligence and computer vision in different sectors including the finance, automotive and healthcare sector. We will be releasing more information about the nature of some of the very sophisticated programs developed by the company in the coming days. The company’s clients have included major corporations and business who are seeking unique solutions to solve complex problems.David Stybr – Livento Group CEO – “The artificial intelligence market equated to $50 billion USD in 2020 and is expected to reach $185 billion USD in 2026. The Novel-Ti acquisition is just the start of what investors and customers will see from the Livento AI & Robotics Solutions division. After completion of the acquisition and integration of the Novel-Ti acquisition, we will focus on business growth and harnessing the power of the team to add value across the Livento Business. Livento will remain opportunistic regarding further acquisitions within the industry. We forecast revenue of $1M USD in 2023 from their existing clients and additional revenue from solutions developed by the team that are sold as solutions across the industry. An example of this is project ‘OWL’. OWL is a very exciting project and the Novel-Ti Solution is transformational.About OWLAt Livento Group we couldn’t pass up this opportunity to acquire a company that specializes in treating neurological disorders and diseases that effects millions of people around the world. The uncontrolled annual growth of neurodevelopmental and neurodegenerative pathologies requires an urgent solution. It’s estimated that Autism effects 75 million people, Alzheimer’s effects 78 million people, and will cost society an estimated $2.8 Trillion USD by 2030.To fight against this disease, Novel-Ti uses its expertise in Artificial Intelligence and image processing. Novel-Ti has developed an interactive solution in collaboration with professionals in neurological pathologies. The application identifies areas of brain, which require an active reconnection.The visual analysis of the participants behaviour in real time allows the system to monitor and adapt each exercise individually, as well as analysing the progress made at each session.A unique hardware and software solutionThe second project in the pipeline for Novel-Ti is in the Robotics sector. The Livento team is in discussions with a production facility in the Czech Republic. The facility specializes in producing robotics solutions, The Novel-Ti team is tasked to deliver programming works for two new automated robotic prototypes which will be used in various business cases. Livento is in discussion to have larger involvement in the projects. Livento will seek to achieve higher revenue potential in the Articifial Intelligence sector.Mr Zied Loukil, founder of Novel-Ti, stated: “Livento plans to position the new division as a major player in the Artificial Intelligence industry, combining the strengths of the Marketing and Commercial power of Livento and the expertise of the Novel-Ti team, which will enable Novel-Ti to grow our client base and product lines increasing revenues and market share.”The new division of Livento will be managed from our European offices and will be led by Mr. Willem van der Meer, Mr. Olivier Somville and Mr. Zied Loukil. The acquisition will be fully paid in Livento restricted shares.Safe Harbor Statement:This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements as predictions, projections, or references future events and expectations, possibilities or similar. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. Although the Company believes the expectations reflected in our forward-looking statements are based on reasonable assumptions, the Company is unable to give any assurance that its expectations will be attained due to several variable factors. Factors or events that could cause actual results to differ may emerge, and it is impossible for the Company to predict all of them. Some of these risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, in customer order patterns, changes in consumer trends, and various other factors beyond the Company’s control. Although the Company intends to provide public updates, it undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. Neither PSN nor its owners, members, officers, directors, partners, consultants, nor anyone involved in the publication of this website, is a registered investment adviser or broker-dealer or associated person with a registered investment adviser or broker-dealer and none of the foregoing make any recommendation that the purchase or sale of securities of any company profiled in the PSN website is suitable or advisable for any person or that an investment or transaction in such securities will be profitable. The information contained in the PSN website is not intended to be, and shall not constitute, an offer to sell nor the solicitation of any offer to buy any security. The information presented in the PSN website is provided for informational purposes only and is not to be treated as advice or a recommendation to make any specific investment. Please consult with an independent investment adviser and qualified investment professional before making an investment decision.d. Writer is paid $1500 by company |
