LAS VEGAS, April 1, 2016 /PRNewswire/ - Marquis Industries, a wholly owned subsidiary of Live Ventures Incorporated (NASDAQ: LIVE) ("Live Ventures" or the "Company"), a diversified holding company, and the Isaac Capital Group today announces a $10,000 donation to the Caroline Previdi Foundation. The donation is being made on behalf of Marquis employee, Chet Graham, who will be participating in the 2016 Boston Marathon in support of The Caroline Previdi Foundation. Mr. Graham started "Team Caroline" as a participating team in the marathon to bring awareness and support to the foundation.
Caroline Previdi, Mr. Graham's niece, was killed in the tragic shooting at Sandy Hook Elementary School in 2012. Since then, he started the 501(c)(3) foundation to help raise money to provide scholarships to deserving children who may not have the means to participate in important extracurricular activities, including dance, art, music and sports.
"Caroline truly loved participating in the arts and in sports, and the Sandy Hook tragedy cut short a beautiful life full of energy and potential," said Mr. Graham. "Our work with the foundation is designed to celebrate all of the beauty that life has to offer, and we are proud to help ensure that children in need have access to those types of activities that Caroline loved. It is our sincere desire to give such a horrible tragedy a meaningful outcome by sharing the advantages that Caroline enjoyed with other children."
"Chet has been an amazing employee at Marquis. Marquis is extremely proud to provide this donation in Caroline's honor and to support his upcoming participation in the Boston Marathon," said Tim Bailey CEO of Marquis Industries.
The foundation connects with local marathons and other fundraising events. This is the first time the foundation has entered the national scene by participating in the Boston Marathon. For more information about the Caroline Previdi Foundation, please visit www.carolineprevidifoundation.org. To learn how to contribute to Mr. Graham's fundraising efforts as he participates with "Team Caroline" in the Boston Marathon, please visit www.crowdrise.com/caroline-previdi-foundation1.
About Live Ventures Incorporated
Live Ventures Incorporated is a diversified holding company with several wholly-owned subsidiaries and a strategic focus on acquiring profitable companies that have demonstrated a strong history of earnings power. Live Ventures Incorporated provides, among other businesses, marketing solutions that boost customer awareness and merchant visibility on the Internet. We operate a deal engine, which is a service that connects merchants and consumers via an innovative platform that uses geo-location, enabling businesses to communicate real-time and instant offers to nearby consumers. In addition, we maintain, through our subsidiary, ModernEveryday, an online consumer products retailer and, through our subsidiary, Marquis Industries, a specialty, high-performance yarns manufacturer, hard-surfaces re-seller, which is a top-10 high-end residential carpet manufacturer in the United States. Marquis Industries, through its A-O Division, utilizes its state-of-the-art yarn extrusion capacity to market monofilament textured yarn products to the artificial turf industry. Marquis is the only manufacturer in the world that can produce certain types of yarn prized by the industry.
For more information, please visit www.live-ventures.com.
Forward-Looking and Cautionary Statements
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In accordance with the safe harbor provisions of this Act, statements contained herein that look forward in time that include everything other than historical information, involve risks and uncertainties that may affect the company's actual results. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. LiveDeal, Inc. may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission on Forms 10-K, 10-Q and 8-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate and there are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the company, including, but not limited to, plans and objectives of management for future operations or products, the market acceptance or future success of our products, and our future financial performance. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-K for the fiscal year ended September 30, 2014, most recent Form 10-Q, and other filings with the U S. Securities and Exchange Commission (available at http://www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.
Live Ventures Incorporated
Tim Matula, investor relations
SOURCE Live Ventures Incorporated