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.
CAVU Resources, Inc. (OTC: CAVR) announced a significant advancement by securing a $10.3 million land deal through its subsidiary, Sinacori Builders. The company has revised its 2022 revenue projection from $25 million to $30 million, reflecting confidence in continuous growth. CEO Kevin Vincent Cox emphasized the commitment to uplisting to OTCQB, while Executive Chairman Bob Silver highlighted recent acquisitions enhancing revenue streams and growth potential. The company's mission is to build lives, not just places to live.
LiveToBeHappy, Inc. (OTCM: CAVR, soon to be LTBH) projects $25 million in revenues for 2022, reflecting aggressive growth. CEO Kevin Vincent Cox announced plans for national expansion, acquisitions, and significant financing. The company’s subsidiary, Sinacori Builders, secured a $5.8 million contract with Toll Brothers and is negotiating a multimillion-dollar deal with DR HORTON. LiveToBeHappy is also planning to up-list to OTCQB and ultimately aims for Nasdaq. The company believes their revenue projection is conservative and may be amended as growth continues.
LiveToBeHappy, Inc. (OTCM: CAVR, soon to be LTBH) has strengthened its leadership team with the appointment of Shaun Fuller as head of the Technology Team, replacing Mike Murphy. Fuller's background includes over 12 years in full-stack SaaS solutions. In addition, Lloyd Kurth has been promoted to Chief Software Architect of PostBidShip. Both appointments are expected to support the company's transformation as it focuses on cyber-security initiatives and the integration of Growing Together Academy into the Metaverse. The company also has two pending acquisitions aimed at diversifying its revenue stream.
LiveToBeHappy, Inc. (OTCM: CAVR, soon to be LTBH) has made significant strides in its growth strategy, as detailed in their February 2, 2022 press release. The company completed its audited financial statements for 2019 and 2020, paving the way for an uplisting to OTCQB by Q2 2022. Forecasted revenues for fiscal 2022 are expected to range between $20-$25 million, up from $8 million in 2020. In addition, LiveToBeHappy has completed five of seven acquisitions and plans to open a new corporate headquarters in Charlotte, N.C. during Q1 2022.
LiveToBeHappy, Inc. (CAVR, soon to be LTBH) participated in the Emerging Growth Conference on December 8, 2021, showcasing its strategy to acquire and manage undervalued assets across five sectors, including real estate and health. CEO Kevin Vincent Cox highlighted the company's progress with its uplisting to OTCQB and ongoing acquisitions, aiming for completion in Q1 2022. The company seeks to positively impact its community through strategic investments. An archived webcast is available for those who missed the live event.
LiveToBeHappy, Inc. (OTCM: CAVR, soon to be LTBH) has completed five of seven acquisitions under a Letter of Intent, including the acquisition of AVRover and Canary Travel. AVRover provides 3D learning equipment for schools, enhancing LiveToBeHappy's educational offerings. Canary Travel specializes in high-profile group travel events. The company anticipates these acquisitions will boost financial performance, aiming for over $9 million in annualized adjusted EBITDA upon completion of all transactions. CEO Kevin Cox highlights the strategic importance of integrating these companies into their portfolio.
LiveToBeHappy, Inc. (OTCM: CAVR, soon to be LTBH) will participate in the Emerging Growth Conference on December 8, 2021. CEO Kevin Vincent Cox will present from 10:00 to 10:30 AM EST, followed by a live Q&A session. Interested individuals can register for the live webcast or access an archived version post-event. LiveToBeHappy focuses on land development and home building in the Southern U.S. The company has pending acquisitions aimed at becoming a vertically integrated real estate developer.
LiveToBeHappy, Inc. (OTCM: CAVR, soon to be LTBH) announced the acquisition of RenuYou, a neurofeedback clinic in Tulsa, OK, enhancing its focus on health and wellness. RenuYou, recognized by the Mayo Clinic, treats brain dysregulation with Neurofeedback. The acquisition aims to expand services across the Southern U.S., especially for U.S. veterans with PTSD. RenuYou generated over $1.3 million in revenue and $275 thousand in EBITDA over the last year. The company plans to grow its operations and add new locations.
LiveToBeHappy, Inc. (CAVR, soon to be LTBH) reported third-quarter financial results on November 16, 2021. Despite a 76% year-to-date revenue growth, total quarterly revenue fell to $429 thousand from $971 thousand year-over-year. The company experienced an operating loss of $594 thousand and a net loss of $596 thousand in Q3 2021. However, nine-month revenue climbed to $4.4 million, up from $2.5 million in the previous year. The company is actively pursuing multiple acquisitions to enhance growth and prepare for an OTCQB uplisting.
LiveToBeHappy (OTCM: CAVR, soon to be LTBH) has acquired Atlanta-based Trudant Financial Executive Services to address staffing challenges for small and medium-sized businesses. Trudant's services aim to solve issues like staffing shortages and rising executive talent costs. The acquisition is expected to significantly boost revenue and EBITDA in 2022. Grant Edwards has been appointed as CFO, bringing over 20 years of experience and leading Trudant as Managing Director. LiveToBeHappy also plans to establish a shared services center in Atlanta, creating approximately 50 jobs over three years.