Widely acknowledged as one of the leading authorities in the digital advertising and marketing realm, Limitless X continues to make headlines with its stellar job of revolutionizing the industry through its innovative flair. Proving to be unstoppable at its game, the powerhouse has successfully established itself with three verticals, and a series of industry-leading product and service-oriented businesses, each focused on health and wellness, beauty and skincare, and CBD. Now, it has completed its share exchange with Bio Lab Naturals.
Heavily determined to reach even greater heights, Bio Lab Naturals (“the Company”) (OTCQB: BLAB) declared Monday that the Company and the leaders of Limitless X, a creative and empowering lifestyle agency that is currently at the forefront of the real of dietary and CBD supplement products formed in Nevada in September 2021, have finally completed their share exchange agreement effective May 20, 2022. As a result, Limitless X is now a wholly-owned and principal operating subsidiary of the Company.
On top of sealing the share exchange agreement, the Company has also issued the equity holders of Limitless X common stock equaling approximately 90% of the Company on a fully diluted basis. As a matter of fact, Jas Mathur, Limitless X founder and principal shareholder, even bought a total of 500,000 shares from Helion Holdings LLC, of the Company’s Class A Preferred, Supermajority Voting Convertible Stock.
“Today marks an important milestone for Limitless X,” Jas Mathur, CEO of Limitless X, said. “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 globally recognized household brand,” he further explained.
Armed with his incredible vision and entrepreneurial flair, Jas Mathur is notable for being a leading investor and venture capitalist who has grown multiple brands in the marketing, health, and wellness spaces. Under his leadership, Limitless X was able to generate tens to hundreds of millions of dollars in revenue each year. Aside from creating multiple products that are considered key contributors in the industry, this go-getter has seven million Instagram followers and frequently collaborates with leaders in the sports and entertainment industries. With the influence that he wields, he wishes to elevate the business industry and use social media to translate his visions into reality.
As a subsidiary of the Company, Limitless X will continue to carry Bio Lab Naturals’ ventures and core operations. This includes Prime Time Live, Inc., a CO-based company providing clients with high-resolution mobile LED screens for entertainment, corporate, civic, and sporting events in Denver. In addition, it also seeks to expand its global ecosystem and continually push the limits by providing unique products and services in the health and wellness, beauty and skincare, and CBD industries.