Welcome to our dedicated page for Golden Triangle Ventures news (Ticker: GTVH), a resource for investors and traders seeking the latest updates and insights on Golden Triangle Ventures stock.
Golden Triangle Ventures, Inc. (GTV) is a diversified consulting company operating in the health, entertainment, and technology sectors. The company aims to acquire, purchase, or joint venture with established entities in these sectors. With a focus on vertical integration, GTV manages a well-diversified portfolio of companies under one umbrella, providing support for growth and development. Services offered include corporate representation, consulting, and capital investments in high-value opportunities.
Golden Triangle Ventures (OTC PINK: GTVH) has made significant progress following its acquisition of Cargo Management Group in June. The company has formed LE Logistics , a wholly owned subsidiary, to manage its logistics operations. Key developments include:
1. Structuring LE Logistics to support other licensed logistics companies
2. Comprehensive audit and upgrade of acquired fleet
3. Implementation of new preventative maintenance and compliance program
4. Focus on acquiring more assets and securing larger contracts post-transition
These steps aim to enhance operational capabilities, improve safety ratings, reduce insurance premiums, and create new revenue opportunities. The company is actively working to procure high-value contracts with large-scale businesses to expand its market footprint.
Golden Triangle Ventures (OTC PINK: GTVH) announces that ABI Create, part of its subsidiary Lavish Entertainment, has achieved significant milestones in event management and production since its 2015 inception. ABI Create has handled high-profile events like the NFL Super Bowl, Comic Con, and Burning Man. The strategic acquisition of ABI Create enhances Lavish's capabilities, with Marco Antonio Moreno as president and COO. ABI's ongoing projects aim to boost Lavish's market position and revenue. The flagship project, Destino Ranch, will elevate outdoor festival experiences, with ABI Create overseeing all aspects of its development. Lavish's four-pillar business model focuses on logistics, staffing, equipment, and production to ensure seamless operations and growth.
Golden Triangle Ventures (OTC PINK: GTVH) has announced the replay availability of its July 1, 2024, Spaces event on X.com. Hosted by CEO Steffan Dalsgaard, the event provided an in-depth overview of the company's diverse business activities, strategic initiatives, and future growth plans.
A key focus was the Destino Ranch project, a flagship initiative by Lavish Entertainment aiming to become a major outdoor music, festival venue, tourist attraction, and art installation in Arizona. The company has secured a purchase agreement for improved land valued at nearly $6 million. The property, now a beautiful oasis, offers the necessary infrastructure for development.
The event drew significant attention from shareholders and the public, highlighting the company's commitment to transparency and stakeholder communication.
Golden Triangle Ventures (OTC PINK: GTVH) has announced significant progress on its Destino Ranch project, led by its subsidiary Lavish Entertainment. Located in the Mojave Desert, Destino Ranch aims to offer luxury entertainment and hospitality. Over the past six months, the company has made extensive improvements to the infrastructure, including upgrading 98% of the irrigation system, repairing fencing, and enhancing the water supply. Management is working on securing permits and approvals, and the company is exploring non-dilutive funding options. Cayenne Consulting has been retained for business planning and the final investor packet is nearing completion.
Golden Triangle Ventures (GTVH) has announced the launch of its new freight brokerage division, aiming to enhance its logistics capabilities. The launch follows the acquisition of Cargo Management Group from TK Zarro, which reported nearly $3 million in revenue for 2023. The new division will benefit from existing partnerships with industry leaders like J.B. Hunt and C.H. Robinson. GTVH plans to establish a new call center, hire skilled personnel, and implement advanced software to streamline operations. The freight brokerage industry shows strong growth potential, with GTVH aiming to increase revenue and shareholder value.
Golden Triangle Ventures (GTVH) has announced a strategic stock buyback initiative to enhance shareholder value. The company has acquired Cargo Management Group, generating nearly $3 million in 2023. GTVH plans to use 10% of profits from its logistics business to buy back and retire shares, reducing outstanding shares consistently. The company is also relocating its headquarters to streamline operations, aiming to save costs and increase cash flow. GTVH emphasizes growing profits through client base expansion, route optimization, and innovative technologies. Legal and financial counsel will ensure a compliant buyback process, aligning with GTVH's goal of long-term shareholder value.
Golden Triangle Ventures (GTVH) has completed its acquisition of Cargo Management Group from TK Zarro. This strategic move is set to expand GTV’s operational capabilities within its Entertainment Division, Lavish Entertainment, and enhance logistics for other company operations. Cargo Management Group, which reported nearly $3 million in revenue for 2023, brings valuable contracts with industry leaders like JB Hunt, CH Robinson, and Coyote Logistics. GTV aims to expand into refrigerated cargo and specialized lanes near Las Vegas. CEO Steffan Dalsgaard highlights this acquisition as transformative, providing a scalable business model and reducing company debt. Tom Zarro, Cargo Management Group’s former owner, supports this integration, aligning with GTV's vision. Marco Antonio Moreno, President and COO of Lavish Entertainment, emphasizes the potential for significant financial performance improvement.
Golden Triangle Ventures (GTVH) has announced a strategic agreement with T&K Zarro, managed by Tom Zarro, the largest note holder in GTVH. This agreement aims to solidify GTVH's capital structure and enhance shareholder value. T&K Zarro will limit stock sales to 10% of daily trading volume and has agreed to a 6-month halt on interest accruals on its convertible debentures. This period will help GTVH optimize operations and capitalize on growth opportunities. GTVH's president, Steffan Dalsgaard, and Tom Zarro expressed confidence in the company's future growth and sustained shareholder value.
Golden Triangle Ventures (OTC PINK: GTVH) announced a Letter of Intent with TK Zarro for the acquisition of Cargo Management Group, a shipping and logistics operation. The acquisition aims to support GTV's Entertainment Division, Lavish Entertainment. Cargo Management Group generated nearly $3 million in revenue in 2023 and maintains contracts with major corporations like JB Hunt and CH Robinson. This acquisition is expected to provide GTV with a stable income stream and support its strategic expansion efforts, including the Destino Ranch project. CEO Steffan Dalsgaard emphasized the importance of this acquisition for GTV's financial independence and growth.
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