CBDNewsBreaks – Golden Triangle Ventures Inc. (GTVH) Executes LOI to Acquire Cargo Management Group

Company:
Category: News

Golden Triangle Ventures (OTC: GTVH), a multifaceted consulting company, is announcing the execution of a Letter of Intent (“LOI”) with TK Zarro LLC, GTV’s primary note holder, to acquire Cargo Management Group. Golden Triangle Ventures is in the process of finalizing the acquisition. According to the announcement, Cargo Management is a complete shipping, logistics and trucking operation that achieved close to $3 million in top-line revenue in 2023 and presently maintains contracts with prominent corporations including JB Hunt, CH Robinson, Coyote Logistics and Echo Logistics. Cargo Management will support GTV’s Entertainment Division business model, operating under Lavish Entertainment. The announcement further noted that Lavish Entertainment has disclosed its plan to build a comprehensive four-pillar business model that aims to develop and acquire operations in logistics, staffing, equipment and production. “We are dedicated to transforming GTV into a strategic enterprise with operations that support all our divisions. This planned acquisition is designed to provide genuine cash flow through a scalable business model, supporting both Lavish Entertainment and the development and operation of our Destino Ranch project. With a clear strategy to implement the first of our four-pillar business model, our next immediate focus is to address our capital debt structure with TK Zarro and finalize this opportunity to deliver strong shareholder value,” commented Steffan Dalsgaard, CEO of Golden Triangle Ventures.

To view the full press release, visit https://cnw.fm/1rmJT

About Golden Triangle Ventures Inc.

Golden Triangle Ventures 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 the company aims to do business in. 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 Golden Triangle Ventures grow daily. For more information about the company, please visit www.GoldenTriangleInc.com.

NOTE TO INVESTORS: The latest news and updates relating to GTVH are available in the company’s newsroom at https://cnw.fm/GTVH

About CBDWire

CBDWire (“CBDW”) is a specialized communications platform with a focus on CBD related news and updates in the cannabidiol (“CBD”) sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CBDW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CBDW brings its clients unparalleled recognition and brand awareness.

CBDW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from CBDWire, text “CBDWire” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.CBDWire.com

Please see full terms of use and disclaimers on the CBDWire website applicable to all content provided by CBDW, wherever published or re-published: https://www.CBDWire.com/Disclaimer

CBDWire
Denver, CO
www.CBDWire.com
303.498.7722 Office
Editor@CBDWire.com

CBDWire is powered by IBN

CBDWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Doge Coin

Dogecoin

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 303.498.7722