Innovative and empowering lifestyle company Limitless X is taking the spectrum of digital advertising and marketing to a whole new level. The outstanding company that has had a global reputation and ecosystem with three verticals and a series of industry-leading product and service-oriented businesses, each focused on the Health and Wellness, Beauty and Skincare, and CBD industries.
The breakthrough company has made a mark by launching numerous industry-leading products in the dietary and CBD supplement sectors. Just recently, Bio Lab Naturals made it public that the Company and the shareholders of Limitless X have completed their share exchange agreement effective May 20, 2022. This means that Limitless X becomes a wholly-owned and the principal operating subsidiary of the Company and eventually intends to change its name and will be filing for a ticker symbol change in the coming weeks.
About the share exchange, the Company has issued to the equity holders of Limitless X common stock equaling approximately 90% of the Company on a fully diluted basis in exchange for all the shares of Limitless X. At the same time, the share exchange Jas Mathur, the founder and principal shareholder of Limitless X, also acquired from Helion Holdings LLC, 500,000 shares of the Company’s Class A Preferred, Supermajority Voting Convertible Stock which at all times have several votes equal to 60% of all the issued the outstanding shares of common stock of the Company.
Jas Mathur is a brilliant investor, entrepreneur, and venture capitalist who has grown multiple brands in the marketing, health, and wellness spaces. Under his leadership, these brands were able to generate tens to hundreds of millions of dollars in revenue each year. The digital marketing and branding firm he founded, Limitless, has created multiple products in the dietary and CBD supplement sectors that are considered key contributors in the industry. He has seven million Instagram followers and frequently collaborates with leaders in the sports and entertainment industries, which makes him a trendsetter not just in the business industry but also in social media.
Limitless X takes pride in its integrated direct-to-consumer model, memorable brands and superior products, and an ambassador network including A-list music stars, movie stars, athletes, and more. With this kind of transaction, the Company anticipates expanding its global eco-system and pursuing to give unique product and service-oriented businesses within the Health & Wellness, Beauty and Skincare, and CBD industries. All these were under the expert hand of the entrepreneur and venture capitalist Jas Mathur.
“Today marks an important milestone for Limitless X. Our mission is to launch products and services which make people look good and feel great. Operating as a public company, we are now able to increase our visibility and exposure within the capital markets, expand our brand recognition and provide our market opportunity to a wider investor audience. I look forward to this next step, of entering the public markets and turning Limitless X into a rapidly growing successful enterprise and a globally recognized household brand.” says the CEO of Limitless X, Jas Mathur.
Limitless X will still carry on Bio Lab Naturals’ business and core operations, including Prime Time Live, Inc., a Denver, CO-based company that gives clients high-resolution mobile LED screens for entertainment, corporate, civic, and sporting events.
