Golden Triangle Ventures (OTC: GTVH), a multifaceted consulting company, today provided key updates following its acquisition of Cargo Management Group (“CMG”). The acquisition was completed in June and has been instrumental in developing GTVH’s four-pillar model and setting the stage for future growth within the organization. According to the company, the formation of LE Logistic LLC, a wholly owned subsidiary of GTVH, marked a major milestone in its journey towards future growth. This entity is expected to take full charge of the company’s logistics operations once the motor carrier (“MC”) authority from CMG is fully transferred and can be integrated. In addition, LE Logistics has been structured to support and facilitate the growth of other licensed logistics operating companies. The updates also covered GTVH’s substantial effort to audit and assess its equipment, followed by complete vehicle and equipment repairs and upgrades to its recently acquired fleet of trucks and trailers; implementation of a new preventative maintenance and compliance program; the company’s focus on acquiring more assets and securing larger contracts with major corporations; and LE Logistics’ forward-looking move to integrate artificial intelligence into its logistics operations. “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 GMG 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,” said Steffan Dalsgaard, CEO of Golden Triangle Ventures.
To view the full press release, visit https://cnw.fm/LoI0a
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 in which the 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 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 CannabisNewsWire
CannabisNewsWire (“CNW”) is a specialized communications platform with a focus on cannabis news and the cannabis 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, CNW 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, CNW brings its clients unparalleled recognition and brand awareness. CNW is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from CNW, text CANNABIS to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.CannabisNewsWire.com
Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: https://www.CannabisNewsWire.com/Disclaimer
CannabisNewsWire
Denver, CO
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com
CannabisNewsWire is powered by IBN
