NEW YORK, NY / ACCESSWIRE / June 20, 2023 / Livento Group, Inc. (OTC Pink:NUGN), a dynamic group that specializes in acquiring and developing companies with disruptive business models in film, content, and technology for fund managers, announces the details of two new projects to be produced by BOXO Productions as part of the $32.25m acquisition previously announced in May 2023.
"We are thrilled to announce a TV series and game from our recent acquisition. ‘The Lion, the Polygamist, and the Biofuel scam' and the game ‘Medieval' are great assets to add to our increasing portfolio. As stated in the initial release, this acquisition brings an increase in revenue, cash flow, profit, and the dry powder to continue to acquire and produce more content." said David Stybr, CEO of BOXO.
The Lion, the Polygamist, and the Biofuel Scam
Based on the article featured on Wired, the movie is about a scam of the decade in Los Angeles, by a polygamist and an Armenian gangster. BOXO productions has acquired 7.5% of this TV Series, which is expected to be Released in 2025, it's one of seven TV series BOXO has in its portfolio currently under development.
The movie is written Jessica Lambert and Director Joe Berlinger who directed Extremely Wicked, Shockingly Evil and Vile, Joe has won a Oscar and has a total of 38 nominations. He has just finished Madoff: The Monster of Wall Street TV Series. We are extremely pleased to have him Join BOXO's on this TV Series.
The Medieval Game
The Game follows the movie Medieval , which was produced and directed by Petr Jakl. BOXO has a 50% share in the mobile version, along with 1% from global distribution on PC, Xbox, and PlayStation platforms. The game has real actors names under license, characters such as Michael Caine, Ben Foster and Sophie Lowe feature in the game. Medieval will be released as worldwide product, with potential revenue of over $100 million from streaming and downloads.
The movie has been successful already, Netflix has bought it for more than 40 countries. The game is already showing great potential, with a license to use real actor's names which is an important feature.
About Livento Group
Livento Group (OTC Pink: NUGN) is focused on acquiring and developing companies with disruptive business models. The company recently launched BOXO Productions, a film and television production subsidiary led by a top actor and producers in the industry. For more information, visit www.liventogroup.com and www.boxoproductions.com.
Safe Harbor Statement:
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements as predictions, projections, or references future events and expectations, possibilities or similar. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. Although the Company believes the expectations reflected in our forward-looking statements are based on reasonable assumptions, the Company is unable to give any assurance that its expectations will be attained due to several variable factors. Factors or events that could cause actual results to differ may emerge, and it is impossible for the Company to predict all of them. Some of these risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, in customer order patterns, changes in consumer trends, and various other factors beyond the Company's control. Although the Company intends to provide public updates, it undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Contact:
David Stybr, CEO
Livento Group, Inc.
ir@liventogroup.com
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SOURCE: Livento Group, Inc.
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