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Golden Grail Beverages Appoints Scott Lomo as Interim Chief Executive Officer

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Golden Grail Beverages Corp. (OTC: GOGY) has appointed Scott Lomo as co-interim CEO, working alongside Lateef Khan. Lomo brings 14 years of experience in the gold mining industry and is the co-founder of Element United DAO, a blockchain company addressing mining industry issues. His diverse background spans real estate, mining, entertainment, and corporate leadership.

Lomo plans to focus on new directions for the company, primarily in oil and gas and gold mining opportunities. He aims to drive sustainable growth and maximize shareholder value through business expansion. This appointment marks a significant shift in GOGY's leadership and potentially its strategic direction.

Golden Grail Beverages Corp. (OTC: GOGY) ha nominato Scott Lomo come co-CEO ad interim, lavorando insieme a Lateef Khan. Lomo porta con sé 14 anni di esperienza nell'industria mineraria e è cofondatore di Element United DAO, una compagnia blockchain che affronta le problematiche del settore minerario. Il suo background variegato include immobiliare, minerazione, intrattenimento e leadership aziendale.

Lomo intende concentrarsi su nuove direzioni per l'azienda, principalmente nelle opportunità relative a petrolio, gas e minerazione dell’oro. Il suo obiettivo è promuovere una crescita sostenibile e massimizzare il valore per gli azionisti attraverso l'espansione del business. Questa nomina segna un cambiamento significativo nella leadership di GOGY e potenzialmente nella sua direzione strategica.

Golden Grail Beverages Corp. (OTC: GOGY) ha nombrado a Scott Lomo como co-CEO interino, trabajando junto a Lateef Khan. Lomo aporta 14 años de experiencia en la industria minera y es cofundador de Element United DAO, una empresa de blockchain que aborda los problemas de la industria minera. Su diverso trasfondo abarca bienes raíces, minería, entretenimiento y liderazgo corporativo.

Lomo planea centrarse en nuevas direcciones para la empresa, principalmente en oportunidades de petróleo, gas y minería del oro. Su objetivo es impulsar un crecimiento sostenible y maximizar el valor para los accionistas a través de la expansión del negocio. Esta designación marca un cambio significativo en el liderazgo de GOGY y potencialmente en su dirección estratégica.

Golden Grail Beverages Corp. (OTC: GOGY)는 Scott Lomo를 공동 임시 CEO로 임명하고 Lateef Khan과 함께 일하게 합니다. Lomo는 금광 산업에서 14년의 경험을 가지고 있으며, 광산 산업 문제를 다루는 블록체인 회사인 Element United DAO의 공동 창립자입니다. 그의 다양한 경력은 부동산, 광업, 엔터테인먼트 및 기업 리더십에 걸쳐 있습니다.

Lomo는 주로 석유 및 가스와 금광 기회에서 회사의 새로운 방향에 집중할 계획입니다. 그는 비즈니스 확장을 통해 지속 가능한 성장과 주주 가치를 극대화하는 것을 목표로 합니다. 이 임명은 GOGY의 리더십에서 중요한 변화를 의미하며, 또한 전략적 방향을 바꿀 가능성이 있습니다.

Golden Grail Beverages Corp. (OTC: GOGY) a nommé Scott Lomo comme co-CEO par intérim, travaillant aux côtés de Lateef Khan. Lomo apporte 14 ans d'expérience dans l'industrie minière et est cofondateur d'Element United DAO, une entreprise de blockchain s'attaquant aux problèmes de l'industrie minière. Son parcours diversifié couvre l'immobilier, l'exploitation minière, le divertissement et le leadership d'entreprise.

Lomo prévoit de se concentrer sur de nouvelles orientations pour l'entreprise, principalement dans les opportunités liées à l'huile, au gaz et à l'exploitation de l'or. Son objectif est de favoriser une croissance durable et de maximiser la valeur pour les actionnaires par le biais de l'expansion des activités. Cette nomination marque un changement significatif dans la direction de GOGY et potentiellement dans sa direction stratégique.

Golden Grail Beverages Corp. (OTC: GOGY) hat Scott Lomo zum co-interim CEO ernannt, der gemeinsam mit Lateef Khan zusammenarbeitet. Lomo bringt 14 Jahre Erfahrung in der Goldbergbauindustrie mit und ist Mitgründer von Element United DAO, einem Blockchain-Unternehmen, das sich mit den Problemen der Bergbauindustrie beschäftigt. Sein vielfältiger Hintergrund umfasst Immobilien, Bergbau, Unterhaltung und Unternehmensführung.

Lomo plant, sich auf neue Richtungen für das Unternehmen zu konzentrieren, insbesondere auf Möglichkeiten im Öl- und Gassektor sowie im Goldbergbau. Er hat sich zum Ziel gesetzt, nachhaltiges Wachstum zu fördern und den Unternehmenswert für die Aktionäre durch Geschäftsexpansion zu maximieren. Diese Ernennung markiert einen bedeutenden Wandel in der Führung von GOGY und möglicherweise auch in der strategischen Ausrichtung.

Positive
  • Appointment of experienced co-interim CEO with 14 years in gold mining
  • Potential expansion into oil, gas, and gold mining sectors
  • New CEO's expertise in strategic planning and organizational leadership
  • Focus on driving sustainable growth and maximizing shareholder value
Negative
  • Shift from beverage industry focus to mining and energy sectors
  • Potential risks associated with entering new, unfamiliar industries
  • Uncertainty during transition period with interim leadership

FORT LAUDERDALE, Fla., Aug. 21, 2024 /PRNewswire/ -- Golden Grail Beverages Corp. (OTC: GOGY – hereinafter referred to as the "Company"), a leader in the beverage industry known for its innovative and sustainable products, announces the addition of a new co-interim CEO, Scott Lomo.

Scott Lomu has been in the gold mining industry for over 14 years. Most recently, he co-founded Element United DAO which is a blockchain company focused on solving problems in the mining industry caused by destructive practices all over the world. As the CEO of Element United, Mr. Lomu has shown expertise in strategic planning and organizational leadership. Recognized on the Silicon Slope as one of Green Tech's newest thought leaders. With a diverse career spanning real estate, mining, entertainment, and corporate leadership, Mr. Lomu has extensive experience in gold mining from his years spent mining in West Africa, as well as gold mining projects in North and South America as a consultant and board member. Through these previous projects and the contacts gained over years of experience, Mr. Lomu plans on focusing on several new directions for the Company, mainly in oil and gas along with gold mining opportunities. Mr. Lomu is also a graduate of the University of Utah.  Mr. Lomo will be working with Mr. Lateef Khan in the dual role of interim CEO.

"I am honored and excited about joining the Company as its new interim CEO, and working side by side with Lateef Khan in a dual role," said Scott Lomu. "I am committed to building on the company's strong foundation and driving sustainable growth and success through new areas of business expansion that will bring long term results to the Company's bottom line in an effort to maximize shareholder value. Together with the talented team at GOGY, we will strive to achieve our strategic objectives and exceed the expectations of our stakeholders."

Disclaimer Regarding Forward Looking Statements 

Certain statements that we make may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning future strategic objectives, business prospects, anticipated savings, financial results (including expenses, earnings, liquidity, cash flow and capital expenditures), industry or market conditions, demand for and pricing of our products, acquisitions and divestitures, anticipated results of litigation and regulatory developments or general economic conditions.  In addition, words such as "believes," "expects," "anticipates," "intends," "plans," "estimates," "projects," "forecasts," and future or conditional verbs such as "will," "may," "could," "should," and "would," as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements. Forward-looking statements are not guarantees, and they involve risks, uncertainties, and assumptions.  Although we make such statements based on assumptions that we believe to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements.  We caution investors not to rely unduly on any forward-looking statements.

About Golden Grail Beverages

Golden Grail Beverages is a rapidly expanding company dedicated to acquiring, innovating, and scaling a diverse portfolio of beverages. With a focus on sustainability and consumer engagement, Golden Grail is committed to providing high-quality, energizing, and refreshing drinks to its customers. For more information, visit https://goldengrailbeverages.com/

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SOURCE Golden Grail Beverages

FAQ

Who is the new co-interim CEO of Golden Grail Beverages (GOGY)?

Scott Lomo has been appointed as the new co-interim CEO of Golden Grail Beverages (GOGY), working alongside Lateef Khan in a dual role.

What experience does Scott Lomo bring to GOGY?

Scott Lomo brings 14 years of experience in the gold mining industry, expertise in blockchain technology, and a diverse background in real estate, mining, entertainment, and corporate leadership.

What new directions is GOGY planning to explore under Scott Lomo's leadership?

Under Scott Lomo's leadership, GOGY is planning to explore new directions primarily in oil and gas, along with gold mining opportunities, aiming to expand the company's business portfolio.

How might Scott Lomo's appointment affect GOGY's future strategy?

Scott Lomo's appointment may lead to a significant shift in GOGY's strategy, potentially moving the company's focus from beverages to mining and energy sectors, with an emphasis on sustainable growth and maximizing shareholder value.

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