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Luminar Media Group, Inc. (LRGR) provides innovative fintech solutions focused on revenue-based financing for underserved small businesses, particularly Latino and minority-owned enterprises. This page serves as the definitive source for official company announcements, financial updates, and strategic developments.
Access timely press releases covering earnings reports, strategic partnerships, and technology innovations in small business funding. Investors will find essential updates on capital market activities, regulatory filings, and operational milestones that demonstrate LRGR's commitment to financial inclusion.
All content is curated to help stakeholders track the company's progress in developing alternative financing models through its proprietary digital platforms. Bookmark this page for direct access to verified information about LRGR's initiatives in community-focused fintech solutions.
Luminar Media Group, Inc. (OTC PINK: LRGR) announced that its subsidiary, Royale de Monte Carlo®, has launched an AI-powered store locator app aimed at enhancing sales and revenue. CEO Robert Rico expressed optimism about the technology, which allows customers to easily find product locations and receive notifications about promotions. This initiative supports Royale de Monte Carlo's marketing strategy by utilizing AI for data collection and customer insights, improving operational efficiency. With plans to expand distribution to over 40,000 liquor stores nationwide, the company has successfully secured over 100 retailers in South Florida and aims to grow by adding 500 more. Future expansions are being planned in key markets like New York City. This new application provides real-time data for consumers and serves as a tool for distributors to increase sales.
Luminor Media Group (OTC PINK: LRGR) announced on March 28, 2023, that its subsidiary Royale de Monte Carlo® is negotiating with major Wine & Spirits distributors in key US markets. The company aims to enhance its distribution network before full product launch, focusing initially on New York and Florida. The vodka market, valued at US$ 44.9 billion in 2021, is expected to grow at 8.94% annually, potentially reaching US$ 90 billion by the end of the decade. CEO Robert Rico emphasized the importance of a robust distribution strategy for success in the ultra-premium spirits sector.
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