LiveWire Ergogenics Reports Second Quarter 2020 Results and Prepares for Full Operation on Paso Robles Ranch Property - Seite 2

Mr. Hodson continues, “We consequently continue to implement our unique business model of the ‘Estrella Weedery’, strictly following our mission statement of ‘Doing it Right’. We have established a unique revenue-sharing business model that will generate sustainable revenue and profitability for the Company as we implement and expand for years to come. Based on the progress we have made over the last 18 months, compounded by the excellent potential of the agreement with QDG Agriculture, we are moving into the second half of this year with increased confidence. We have high expectations for the successful implementation of our unique revenue-sharing business model that will generate significant and sustainable revenue and net profits for years to come, following a strict financial discipline of maintaining low operating expenses. Based on the latest response from the responsible authorities, we are encouraged that we will receive our final operation permit in the very near term and we are ready to begin cultivation immediately.”

The Company is centralizing all company and subsidiary operations on the Ranch in Paso Robles, continuing to build a Livewire holding corporation that will be pursuing additional projects and ventures that can benefit from the overall experience of the team that has been assembled at the Ranch and has been getting the Ranch ready for legal operation during the last year. Management considers the agreement with QDG Agricultural crucial for the progress that has been made and the expected expedited start of high-quality cultivation on the Ranch. Management is committed to maintaining a laser sharp focus on revenues, profits and return of investment for our family of investors.

About LiveWire Ergogenics Inc. LiveWire Ergogenics, Inc. (LVVV) specializes in identifying and monetizing current and future trends in the health and wellness industry. The Company is focused on acquiring, managing, and licensing specialized cannabis real estate properties conducive to producing high-quality handcrafted cannabis products for medicinal and adult-use in the US. This includes the distribution of these products and the creation of a Nationally recognized organic "Estrella Weedery" brand. LiveWire Ergogenics does not produce, sell, or distribute products that are in violation of the United States Controlled Substance Act. For more information, please visit: LiveWireErgogenics.com