Here is some news on GTVH:
- Strategic Stock Buyback Initiative1:
- Golden Triangle Ventures, Inc. (GTVH) has announced a strategic initiative to buy back and retire GTVH stock.
- The company plans to use 10% of the profits from its logistics business to buy back stock, which will reduce the number of outstanding shares.
- This move demonstrates GTVH's commitment to enhancing shareholder value and driving long-term value.
- Acquisition of Cargo Management Group12:
- GTVH has completed the acquisition of Cargo Management Group, a multifaceted logistics and trucking operation.
- The acquired company achieved nearly $3 million in revenue for 2023.
- GTVH intends to relocate its headquarters to a new and upgraded operations facility, which is expected to streamline operations, yield cost savings, and enhance cash flow.
- Agreement with T&K Zarro3:
- GTVH has reached an agreement with T&K Zarro to solidify its capital structure and expand its business operations.
- T&K Zarro committed to a structured and disciplined sale of GTVH stock, limiting sales to no more than 10% of the daily trading volume.
- The agreement also includes a 6-month moratorium on interest accruals within T&K Zarro's convertible debentures held by GTVH.
- Expansion of Lavish Entertainment45:
- Lavish Entertainment, a wholly owned subsidiary of GTVH, has developed a comprehensive four-pillar business model.
- The model encompasses logistics, staffing, equipment, and production, aimed at ensuring seamless operations across all facets of the entertainment business.
- Lavish Entertainment is also developing and acquiring operations in each of the four key areas to enhance its bandwidth and service offerings.
These news highlights reflect Golden Triangle Ventures' strategic initiatives to enhance shareholder value, expand its business operations, and strengthen its capital structure. The company's focus on logistics, staffing, equipment, and production within its subsidiary Lavish Entertainment suggests a deepening of its commitment to the entertainment sector.