Welcome to our dedicated page for Cavu Res news (Ticker: CAVR), a resource for investors and traders seeking the latest updates and insights on Cavu Res stock.
CAVU Resources Inc. (CAVR) issues frequent updates on its restructuring efforts, energy initiatives, and portfolio of operating and planned businesses. Company news has covered its evolution from operating under the ParagonX Holdings name as a holding company in construction and logistics to its current focus on developing undervalued assets and managing a diversified mix of energy, logistics software, and digital infrastructure concepts.
Recent announcements highlight CAVU Resources’ work to settle and eliminate prior debt obligations, restructure its balance sheet, and evaluate spin-offs of distinct business models. News items describe proposed stock dividends tied to the spin-off of energy and digital asset-related operations, as well as the Post.Bid.Ship., Inc. logistics software business, allowing shareholders to participate separately in each initiative, subject to definitive agreements and regulatory processes.
Energy-related news includes an MOU for a potential 50% interest in a micro-grid developer that plans to use natural gas reserves and cogeneration to produce electricity, and preliminary work by Pulse Energy Inc. on conceptual data center solutions for digital asset mining and turbine-powered computing. The company emphasizes that these projects are contingent on due diligence, financing, and other conditions, and that no commitments have been made to proceed with specific deployments.
Historical releases under the ParagonX Holdings name document management transitions, divestitures of certain subsidiaries, debt reductions, share base consolidation, and strategic reviews of acquisition opportunities. Investors following CAVR news can track developments in corporate restructuring, proposed acquisitions, energy and digital infrastructure concepts, and logistics software plans, as the company continues to outline its transformation and future direction.
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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.
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