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Lelantos Holdings Inc. (LNTO) is a dynamic and innovative company focused on acquiring or joint-venturing with established entities in strategic market sectors. With a primary focus on sustainable energy, the company operates as a vertically integrated entity, reducing overhead and expanding service offerings. Through a strategic business structure, Lelantos Holdings aims to drive innovation and technological advancements in the renewable energy industry.
Recently, Lelantos Holdings successfully expanded its stock offering through a Tier 1 Registration A Offering Statement and implemented an Employee Stock Ownership Program. These initiatives will provide new investment funds and benefits to key employees, consultants, and advisors, furthering the company's growth and goals for 2024.
Lelantos Holdings announced that its subsidiary, Eco Management Systems, has achieved over $1 million in residential solar sales in the past three months. This milestone follows the signing of a Memorandum of Understanding (MOU) on February 13, 2024, and an Equity Purchase Agreement on March 27, 2024. The sales volume reached 264,650 watts, with a total contract value of $1,040,579.56. Eco Management Systems, a licensed solar contractor, has been operational since 2017, completing over 530 projects worth $19.1 million. Lelantos has implemented new strategies to boost Eco's sales and business volume, working closely with Eco's team to enhance existing infrastructure. The collaboration aims to ensure near and long-term growth, with an expansion of the operational footprint expected in the second and third quarters of 2024.
Lelantos Holdings, Inc. (OTC PINK: LNTO) recently announced the acquisition of 15 semitrucks as part of its four-step strategy to enter the shipping and logistics sector. This move marks the transition from its previous identity as ProConcept Marketing Group, Inc. The acquisition, valued at approximately $1.1 million, will enhance asset valuation and support cash flow. The financing of this deal is structured through a convertible promissory note totaling $1,397,664. CEO Nathan Puente expressed optimism about the company’s future profitability and growth, aiming to eliminate shell status through subsequent phases that include expanding logistics operations.
Lelantos Holdings (OTC PINK: LNTO), previously ProConcept Marketing Group, has completed its merger and is now officially a public entity on OTC Markets. The merger, filed on Nov. 14, 2022, faced a three-month delay before receiving FINRA approval. Alongside the merger, Lelantos has acquired Lelantos Energy, LLC, which will operate as a wholly owned subsidiary focusing on sustainable energy solutions. The acquisition positions Lelantos to tap into the growing renewable energy market, targeting energy-dependent industries for future projects and initiatives.
Lelantos Holdings, Inc. (OTC PINK: LNTO) has announced progress toward finalizing its merger, previously approved by FINRA, which aims to establish it as a public entity on the OTC Market. The merger will combine Lelantos Holdings Incorporated (Nevada) with the Florida entity, pending processing delays in Florida. The company also intends to acquire Lelantos Energy, Inc. to expand its sustainable energy operations, focusing on areas such as solar, EV charging, and carbon mitigation. This expansion is expected to leverage existing relationships in the sustainable energy sector.
Lelantos Holdings, Inc. (OTC PINK: LNTO), formerly ProConcept Marketing Group, has officially changed its stock symbol from PRMK to LNTO as of July 7, 2022. The company, in partnership with Golden Triangle Ventures, has updated its financials to meet OTC Markets reporting obligations and is finalizing a merger. This change aims to enhance shareholder value and transparency. Lelantos has also partnered with Electryone Advisors to expand its green microgrid projects, aiming to manage over 200 projects that focus on reducing carbon emissions. Management expresses optimism about future growth and revenue generation.