Golden Triangle Ventures Provides Key Updates on Cargo Management Group Acquisition
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) ha compiuto notevoli progressi dopo l'acquisizione di Cargo Management Group a giugno. L'azienda ha formato LE Logistics, una sussidiaria interamente controllata, per gestire le sue operazioni logistiche. I principali sviluppi includono:
1. Strutturazione di LE Logistics per supportare altre aziende logistiche autorizzate
2. Audit completo e aggiornamento della flotta acquisita
3. Implementazione di un nuovo programma di manutenzione preventiva e conformità
4. Focus sull'acquisizione di ulteriori beni e sull'assicurazione di contratti più ampi dopo la transizione
Questi passaggi mirano a migliorare le capacità operative, aumentare le valutazioni di sicurezza, ridurre i premi assicurativi e creare nuove opportunità di reddito. L'azienda sta lavorando attivamente per procurare contratti di alto valore con aziende su larga scala per espandere la propria presenza sul mercato.
Golden Triangle Ventures (OTC PINK: GTVH) ha logrado avances significativos tras su adquisición de Cargo Management Group en junio. La empresa ha formado LE Logistics, una subsidiaria de propiedad total, para gestionar sus operaciones logísticas. Los principales desarrollos incluyen:
1. Estructuración de LE Logistics para apoyar a otras empresas de logística autorizadas
2. Auditoría integral y actualización de la flota adquirida
3. Implementación de un nuevo programa de mantenimiento preventivo y cumplimiento
4. Enfoque en la adquisición de más activos y en asegurar contratos más grandes después de la transición
Estos pasos tienen como objetivo mejorar las capacidades operativas, aumentar las calificaciones de seguridad, reducir las primas de seguro y crear nuevas oportunidades de ingresos. La empresa está trabajando activamente para obtener contratos de alto valor con grandes empresas para expandir su huella en el mercado.
골든 트라이앵글 벤처스 (OTC PINK: GTVH)는 6월에 카고 관리 그룹을 인수한 이후로 상당한 진전을 이루었습니다. 이 회사는 물류 운영을 관리하기 위해 완전 자회사인 LE Logistics를 설립했습니다. 주요 발전 사항은 다음과 같습니다:
1. 다른 승인된 물류 회사를 지원하기 위한 LE Logistics 구조화
2. 인수한 차량의 종합 감사 및 업그레이드
3. 새로운 예방 유지보수 및 준수 프로그램 구현
4. 전환 후 자산 추가 확보 및 더 많은 계약 확보에 중점
이러한 단계는 운영 능력을 향상시키고, 안전 등급을 개선하며, 보험료를 줄이고, 새로운 수익 기회를 창출하는 것을 목표로 합니다. 이 회사는 시장 점유율을 확장하기 위해 대규모 기업과의 고부가가치 계약을 적극적으로 확보하기 위해 노력하고 있습니다.
Golden Triangle Ventures (OTC PINK: GTVH) a réalisé des progrès significatifs suite à son acquisition de Cargo Management Group en juin. L'entreprise a formé LE Logistics, une filiale entièrement détenue, pour gérer ses opérations logistiques. Les principales avancées incluent :
1. Structuration de LE Logistics pour soutenir d'autres entreprises de logistique agréées
2. Audit complet et mise à niveau de la flotte acquise
3. Mise en œuvre d'un nouveau programme de maintenance préventive et de conformité
4. Concentration sur l'acquisition de nouveaux actifs et la sécurisation de contrats plus importants après la transition
Ces étapes visent à améliorer les capacités opérationnelles, à augmenter les notations de sécurité, à réduire les primes d'assurance et à créer de nouvelles opportunités de revenus. L'entreprise travaille activement à la recherche de contrats de grande valeur avec des entreprises à grande échelle pour étendre sa présence sur le marché.
Golden Triangle Ventures (OTC PINK: GTVH) hat nach der Übernahme der Cargo Management Group im Juni erhebliche Fortschritte erzielt. Das Unternehmen hat LE Logistics gegründet, eine hundertprozentige Tochtergesellschaft zur Verwaltung seiner Logistikoperationen. Wichtige Entwicklungen umfassen:
1. Strukturierung von LE Logistics zur Unterstützung anderer lizenzierten Logistikunternehmen
2. Umfassende Prüfung und Aufrüstung der übernommenen Flotte
3. Implementierung eines neuen Programms für präventive Wartung und Einhaltung von Vorschriften
4. Fokus auf den Erwerb weiterer Vermögenswerte und die Sicherung größerer Verträge nach der Transition
Diese Maßnahmen zielen darauf ab, die operativen Fähigkeiten zu verbessern, die Sicherheitsbewertungen zu erhöhen, die Versicherungsprämien zu senken und neue Einnahmemöglichkeiten zu schaffen. Das Unternehmen arbeitet aktiv daran, hochwerte Verträge mit großen Unternehmen abzuschließen, um seine Marktanteile zu erweitern.
- Formation of LE Logistics as a wholly owned subsidiary to manage logistics operations
- Structured approach to support and facilitate growth of other licensed logistics companies
- Comprehensive audit and upgrade of acquired fleet to enhance operational capabilities
- Implementation of new preventative maintenance and compliance program to improve safety ratings and reduce insurance premiums
- Focus on acquiring more assets and securing larger contracts with major corporations
- None.
LAS VEGAS, July 25, 2024 (GLOBE NEWSWIRE) -- via IBN -- Golden Triangle Ventures Inc. (OTC PINK: GTVH) (“GTV” or the “Company”) announces significant advancements following its acquisition of Cargo Management Group. This strategic acquisition, completed in June, has been instrumental in developing the company’s four-pillar model and setting the stage for future growth within the organization.
A major milestone in this journey is the formation of LE Logistics LLC, a wholly owned subsidiary of GTV. This entity is poised to take full charge of the Company’s logistics operations once the motor carrier (MC) authority from Cargo Management Group (CMG) is fully transferred and can be integrated. Additionally, LE Logistics has been structured to support and facilitate the growth of other licensed logistics operating companies by providing them with management and transportation support services. This collaborative approach not only helps these companies expand their reach and streamlines their operation, but also drives additional revenue into its core logistics business.
To ensure an optimal fleet within the operation, the Company has made a substantial effort to audit and assess its equipment with a comprehensive inspection process, followed by complete vehicle and equipment repairs and upgrades to its recently acquired fleet of trucks and trailers. LE Logistics has not only invested in the equipment to enhance operational capabilities and reliability but to meet all U.S. Department of Transportation compliance requirements which will improve safety ratings and reduce insurance premiums. The Company has also implemented a new preventative maintenance and compliance program. These measures are designed to keep the equipment in optimal condition, minimize unexpected downtime, and comply with all industry standards. The improvements made were crucial to enhancing the operation and the Company is continuing to strengthen its entire asset portfolio.
Following the complete transition of CMG, the Company’s focus will be towards acquiring more assets and securing larger contracts with major corporations. By expanding its asset base, LE Logistics can create new revenue opportunities for the Company. Management is actively working to procure high-value contracts with large-scale businesses that may provide high paying and dedicated lanes to expand our footprint in the marketplace.
In a forward-looking move, LE Logistics is working to integrate artificial intelligence into its logistics business. This AI integration will automate real-time updates to drivers and clients about their loads, streamline email notifications when bills are paid and due, and enhance accounting processes by updating accounting software, managing invoices, and handling communications such as calls and texts. This innovative approach is set to streamline many of the operations involved, significantly boosting efficiency and service quality.
Steffan Dalsgaard, CEO of Golden Triangle Ventures, states: "As the company has been diligently working around the clock to fully integrate our recent acquisition, we are also preparing for all business income to transition to LE Logistics upon the completion of the CMG license transfer which is still in process. Additionally, the company is now establishing a stock brokerage account to facilitate anticipated share buybacks that are planned to commence once the transition is finalized, and the business begins to realize profits. We are committed to making this acquisition a great success for our shareholders and we have many more exciting developments in the pipeline."
About Golden Triangle Ventures, Inc.
Golden Triangle Ventures, Inc. or “GTV” is a multifaceted consulting company, which operates as the parent business pursuing ventures in the health, entertainment and technology sectors, along with others that provide synergistic value to these three core divisions. The Company aims to purchase, acquire, and/or joint venture with established entities within these areas of business. The goods and services represented are driven by innovators who have passion and commitment in these marketplaces. The Company plans to utilize relationships and create a platform for new and existing businesses to strengthen their products and/or services. The three points of the Golden Triangle exclusively represent the three sectors in which this Company aims to do business. Golden Triangle Ventures is highly focused on acquiring a well-diversified portfolio of companies under one umbrella, which are all managed and owned by the Company. An amazing team of professionals supports each division and continues to help the Company grow daily. Being a publicly traded Company gives the ability to provide the support needed to help each subsidiary grow into the business that management believes it can and will become.
Golden Triangle Ventures’ business model is supported by the drive for vertical integration to cut costs and maximize margins. Management strives to acquire entities and assets that they fully understand, which maintain the prospect for long-term exponential growth. The mission is to provide the necessary resources for each subsidiary to generate profit, and then allow them to leverage each other and maximize economic impact. In addition, GTV provides a professional corporate representation service to different companies in these sectors while consulting on a variety of different business development objectives.
The backbone of this business is truly a team of professional advisors looking to help companies with a multitude of corporate objectives. With an extensive Rolodex of relationships, management can help with a dynamic range of project obstacles while maintaining a quality service for each client the Company represents. No matter what the needs are, the team involved can help facilitate many different transactions successfully for all parties involved. The network of relationships expands to industry experts who can assist with project management, product sourcing, industrial agriculture project implementation and so much more. Golden Triangle Ventures develops strategies and detailed plans that are custom-tailored to each corporate need and objective in all areas of business.
The GTV business model is focused on the following core group of interests:
Acquisitions / Assets / Holdings - The Company currently owns a unique portfolio of companies that are all being developed and supported by GTV, each holding a common goal of making a positive impact in the industry in which they operate.
Services - Services are deployed through Golden Triangle Ventures to assist all the unique opportunities within its operation. The Company also offers its services to select opportunities that could develop synergistic value within the relationship between both companies through the result of its efforts.
Investments - Management identifies high-value opportunities and provides capital investments in several companies and projects being developed. Each investment is complemented by a hands-on approach of helping to develop the overall direction and strategic plan for each opportunity.
For more information, visit us at: www.GoldenTriangleInc.com
About Lavish Entertainment, Inc.
Lavish Entertainment, Inc. is a wholly owned subsidiary of Golden Triangle Ventures operating under its Entertainment Division. Currently conducting its business out of Las Vegas, Nevada, the Company started doing business in 2017 and was established with a vision of becoming nationally recognized in concert production. The Company currently has more than 30,000 national followers and nearly 100 team members who have helped Lavish successfully organize some of the most exciting electronic dance music concerts in Las Vegas. Lavish Entertainment strives to produce high-quality and professional events that provide an immersive experience through state-of-the-art production and sound implementation.
Lavish Entertainment is currently developing a flagship entertainment complex called Destino Ranch, which intends to become an ideal outdoor music and festival venue, immersive art installation, tourist attraction, and world-renowned destination center. The Company recently secured a purchase agreement to acquire nearly 70 acres of prime and improved land for its Destino Ranch project, which is strategically located in Arizona. The property secured has upgrades that represent a substantial investment totaling nearly
Lavish Entertainment acquired ABI Create (www.ABICreate.com) as a wholly owned subsidiary of its Entertainment division. Founded in 2015 by Marco Antonio Moreno, ABI Create has earned a reputation for delivering top-quality productions at major events across the United States. ABI’s commitment to excellence and innovation is showcased in projects developed for multiple NFL Super Bowls, San Diego and New York Comic Con, EDC and Camp EDC, Bonnaroo Music Festival, the Waste Management Phoenix Open, Arnold Palmer Invitational, alternative events such as Burning Man, and numerous other high-profile projects. ABI offers an all-in-one approach, making it a preferred partner for large-scale productions with a comprehensive suite of services including event organization, management, production, logistics and site planning and permit consulting, construction, contracting, custom design and fabrication. The strategic acquisition of ABI Create enhances Lavish Entertainment’s operational capabilities by providing an in-house support structure for all internal productions and projects. With Moreno now serving as president and COO of Lavish Entertainment, the relationship between ABI and Lavish intends to drive new levels of creativity and operational success throughout the organization. ABI Create’s integration further supports Lavish’s goal of becoming an industry leading entertainment company.
Four-Pillar Business Model
Lavish Entertainment’s revised model encompasses the following key foundational elements: logistics, staffing, equipment, and production. These pillars were meticulously identified and organized to complement each other and ensure seamless operations across all facets of the Company. To enhance its bandwidth and expand service offerings, Lavish Entertainment intends to develop and acquire operations in each of the four key areas.
1. Logistics: Effective logistics are crucial for any successful entertainment operation. Coordinating event schedules, managing transportation and venue setup are pivotal in ensuring smooth operations and optimal audience experiences. By establishing a dedicated logistics division, Lavish Entertainment streamlines event planning, enhances coordination of resources, minimizes delays, and boosts overall efficiency. This integrated approach is instrumental in managing the complex movement of resources required for Lavish Entertainment's operations and projects like Destino Ranch. Recently, GTV acquired Cargo Management Group to fully support Lavish’s logistics division.
2. Staffing: Talent and manpower are essential assets in the entertainment industry. Skilled technicians, event coordinators and guest services personnel are critical for delivering memorable experiences. Lavish Entertainment’s staffing division focuses on recruiting, training and managing diverse talent to meet operational demands. By cultivating a well-trained and motivated workforce, Lavish Entertainment elevates service quality and fosters a culture of excellence crucial for exceptional guest experiences at its events.
3. Equipment: Cutting-edge equipment and state-of-the-art technology are central to Lavish Entertainment’s corporate vision. From orchestral-quality sound systems to advanced lighting and visual effects equipment, investing in top-tier gear is essential for creating immersive entertainment experiences. Lavish’s strategy emphasizes acquiring, maintaining and upgrading an extensive equipment inventory to support diverse productions and events. This commitment allows the Company to innovate, captivate audiences and leave a lasting impression with each event.
4. Production: Production expertise is paramount in delivering successful entertainment experiences. Whether designing stage sets, crafting narratives or executing live performances, proficiency in production defines memorable events. Lavish leverages seasoned professionals to conceptualize, plan and execute diverse entertainment experiences—from concerts and theatrical productions to immersive events and sensory spectacles. This dedication to production excellence ensures each event is meticulously crafted to deliver unparalleled entertainment.
Forward-Looking Statements
Certain information set forth in this press release contains "forward-looking information," including "future-oriented financial information" and "financial outlook," under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company's business, projects and joint ventures; (iv) execution of the Company's vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company's projects; (vi) completion of the Company's projects that are currently underway, in development or otherwise under consideration; (vii) renewal of the Company's current customer, supplier and other material agreements; and (viii) future liquidity, working capital and capital requirements. Forward-looking statements are provided to give potential investors the opportunity to understand management's beliefs and opinions in respect to the future so they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance, and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. The Securities and Exchange Commission ("SEC") has provided guidance to issuers regarding the use of social media to disclose material nonpublic information. In this regard, investors and others should note that we announce material financial information on our Company website, www.GoldenTriangleInc.com, in addition to SEC filings, press releases, public conference calls and webcasts. We also use social media to communicate with the public about our Company, our services and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, in light of the SEC's guidance, we encourage investors, the media and others interested in our Company to review the information we post on the following U.S. social media channels:
Twitter: www.twitter.com/GTV_Inc
CONTACT INFORMATION:
Golden Triangle Ventures, Inc.
info@GoldenTriangleInc.com
Corporate Communications
IBN
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com
FAQ
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