Dov Konetz
On July 18, 2024, Dov Konetz tendered his resignation as a director of Limitless X Holdings Inc. (the “Company”), effective immediately.
Highest-materiality recent filing
Limitless X exchanges insider-held Class C preferred for Series D 15% perpetual preferred
Exchanged 304,264 Class C convertible preferred shares for 1,264,365 Series D 15% cumulative redeemable perpetual preferred shares.
Limitless X enters binding LOI to acquire 60% of Ding Easy AI for $9M in stock
Bodycor, subsidiary of Limitless X, to acquire 60% of Ding Easy AI at $15M pre-money valuation; consideration of $9M in LIMX restricted stock.
Limitless X enters lease for Manny Pacquiao center and raises $675k through convertible notes
Lease: 3,815 sq ft in LA for Manny Pacquiao training center; 5-year term starting Feb 2026; rent $14,306-$16,214/mo plus 3% annual escalations; guaranteed by Company and CEO Jas Mathur.
Limitless X names Daniel Sanders President; highlights retail and manufacturing expertise
Daniel Sanders appointed President effective Jan 4, 2026; will oversee manufacturing, supply chain, retail expansion.
Regulation A Tier 2 Offering qualified by SEC; new perpetual preferred stock (LIMXP) pays 15% annual dividend.
Limitless X converts $6.5M debt owed to CEO into 260K Series D preferred shares
Converted $6,505,368 aggregate debt (principal + interest) owed to CEO Jaspreet Mathur and two controlled entities.
Errors in accounts receivable collectability, holdback receivables, and inventory; corrections filed in amended 10-K and 10-Q.
CEO loans $500K to Limitless X at 12.5% interest, receives common and preferred stock
Company borrows $500,000 from CEO Jaspreet Mathur at 12.5% fixed interest; total repayment $562,500.
Limitless X converts $3.375M debt to Series D Preferred; signs Pauly D endorsement for $250K/year
Debt conversion with CEO Jaspreet Mathur: $3M principal + $375K interest settled by issuing 135K shares of Series D 15% Cumulative Preferred.
Limitless X enters consulting deal with CEO affiliate, designates Series D preferred stock
Entered consulting agreement with CEO-owned Limitless Performance Inc.; grant of 133,333 stock options as compensation.
Issued 1.34M common shares to five employees to settle $536K in unpaid wages for Sep–Dec 2024.
Limitless X Holdings releases shareholder letter detailing expansion into new divisions and products
CEO Jas Mathur plans to reconnect with 11 million social media followers to invite them as LIMX equity holders.
Limitless X settles compensation disputes with key employees, issuing 3.2M shares
Issued aggregate of 3,202,464 shares of common stock to settle disputed unpaid wages with four employees.
Limitless X replaces BF Borgers with M&K CPAS after SEC bars former auditor
Dismissed BF Borgers CPA PC effective May 9, 2024; engaged M&K CPAS, PLLC as new auditor.
On July 18, 2024, Dov Konetz tendered his resignation as a director of Limitless X Holdings Inc. (the “Company”), effective immediately.
Max materiality 0.90 · Median 0.60 · Most common event other_material