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LTES.......04.......PINK..... DARK....... PINK AGAIN....... DONT BE ON THE SIDELINES WHEN THE DAM BREAKS.... JOKER
LTES... Went pink this morning,,,, great news before going dark,,,,, get in before discovered,,, 04 cents...... joker
went pinkkkkkkk
what happens to the shares
gfdjutgjiyft
Golden Triangle Ventures Launches the Development of Destino Ranch, an Immersive Entertainment Venue Under Its Entertainment Division
Press Release | 01/30/2024
LAS VEGAS, Jan. 30, 2024 (GLOBE NEWSWIRE) -- via IBN -- Golden Triangle Ventures, Inc. (OTC PINK: GTVH) (“GTV” or the “Company”) is excited to announce the development of Destino Ranch through its Entertainment Division (Lavish Entertainment). Destino Ranch is poised to become a premier destination for year-round, world-class music, entertainment and art that rivals other large scale, well-known event sites. The complete 638-acre site planned for Destino Ranch is conveniently located within a short drive from large cities such as Phoenix, Los Angeles and Las Vegas and has access to nearly 22,000 visitors traveling through the corridor per day. Beyond just music and entertainment, Destino Ranch intends to complement the beautiful natural attributes of the Mojave Desert with a world-class art gallery, complete with rotating exhibits, large-scale permanent installations, and much more.
Lavish Entertainment (Lavish) has worked diligently, alongside ABI Create and its founder, Marco Moreno, the newly appointed president of Lavish, to create the innovative and auspicious vision for Destino Ranch that seeks to become the unique embodiment of entertainment, art and creative expression in a breathtaking natural venue that offers year-round access to all of its attractions.
Steffan Dalsgaard, CEO of GTV and founder of Lavish Entertainment, states: “The development of Destino Ranch ushers in a new and beyond-amazing chapter for Lavish Entertainment. Our newly appointed president of Lavish, Marco, and I truly believe this flagship project will be a one-of-a-kind location and resort that revolutionizes what people think of as a music and art venue. Our plan is to develop a world-renowned destination that offers a superior level of amenities, services, exhibits and attractions, along with so much more than just a festival ground.”
Beyond world-class and state-of-the-art music production, Destino Ranch will offer the following features:
Large-Scale Art Consignment Gallery and Exhibition Space
Glampgrounds, Campgrounds and RV Park
Destino Bar, Grill & Lounge
On-Site Shopping and Retail Plaza
Live Streaming Services
Corporate Events, Workshops and Retreats
The Destino Podcast
Marco Moreno, the newly installed president and COO of Lavish Entertainment, was enthused to say that: “Destino Ranch is the culmination of more than a decade of experience in the planning and execution of large-scale event projects and production. Our goal is to provide guests with memorable and life-changing experiences that captivate their minds for years to come. As we anticipate Destino Ranch becoming a globally renowned attraction, we are proud to showcase the launch of this project and look forward to sharing more exciting developments with our shareholders in the weeks ahead.”
To keep updated on detailed information about Destino Ranch, please visit our website and social media pages below.
Destino Ranch Website: www.DestinoRanch.com
Destino Ranch Instagram: @DestinoRanch
Destino Ranch Twitter: @DestinoRanch
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 recently appointed Marco Antonio Moreno as its new president and chief operations officer. Mr. Moreno is the founder, senior designer and lead project manager for ABI Create, L.L.C. (“ABI”). Formed in 2015, and based out of Phoenix, Arizona, ABI is a complete-service event management and production firm offering:
Event Organization, Management, Production and Logistics
Site Planning and Permitting
Construction and Contracting
Custom Design and Fabrication
And More
ABI Create has successfully implemented its corporate vision of delivering high-fidelity production to large-scale installations that span major music festivals, major sporting events and notable conventions across the United States. Notable collaborative work samples include projects produced for:
NFL Super Bowl
San Diego & New York Comic-Con
EDC & Camp EDC and Other Insomniac Events
Bonnaroo Music Festival
The Waste Management Phoenix Open and Arnold Palmer Invitational
Burning Man
More information on Mr. Moreno along with his collaborators, partners and team can be found here https://www.abicreate.com/ or @marco.a.moreno
ABI was a crucial team member in the production of Lavish Entertainment’s Playa Playground New Year’s event (“Playa”). Held on Dec. 31, 2021, Playa was an auspicious and grand-scale Burning-Man-style music festival staged in Downtown Las Vegas that redefined the level of event that Lavish can provide. Due to the role ABI played in the execution of Playa, the CEO of Golden Triangle Ventures, Steffan Dalsgaard handpicked Mr. Moreno to lead the new vision of Lavish and contribute to the Company’s overarching business goal of becoming an industry leading, innovative and at-the-forefront music and arts entertainment production Company.
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 this 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 support each division and continue 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 businesses management believes they 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 that 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.
www.GoldenTriangleInc.com
FORWARD-LOOKING INFORMATION
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.
3035 E Patrick Ln. #15
Las Vegas, NV 89120
info@GoldenTriangleInc.com
1-800-469-2614
Corporate Communications
InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com
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Golden Triangle Ventures Launches the Development of Desti
LAS VEGAS, Jan. 30, 2024 (GLOBE NEWSWIRE) -- via IBN -- Golden Triangle Ventures, Inc. (OTC PINK: GTVH) (“GTV” or the “Company”) is excited to announce the development of Destino Ranch through its Entertainment Division (Lavish Entertainment). Destino Ranch is poised to become a premier destination for year-round, world-class music, entertainment and art that rivals other large scale, well-known event sites. The complete 638-acre site planned for Destino Ranch is conveniently located within a short drive from large cities such as Phoenix, Los Angeles and Las Vegas and has access to nearly 22,000 visitors traveling through the corridor per day. Beyond just music and entertainment, Destino Ranch intends to complement the beautiful natural attributes of the Mojave Desert with a world-class art gallery, complete with rotating exhibits, large-scale permanent installations, and much more.
Lavish Entertainment (Lavish) has worked diligently, alongside ABI Create and its founder, Marco Moreno, the newly appointed president of Lavish, to create the innovative and auspicious vision for Destino Ranch that seeks to become the unique embodiment of entertainment, art and creative expression in a breathtaking natural venue that offers year-round access to all of its attractions.
Steffan Dalsgaard, CEO of GTV and founder of Lavish Entertainment, states: “The development of Destino Ranch ushers in a new and beyond-amazing chapter for Lavish Entertainment. Our newly appointed president of Lavish, Marco, and I truly believe this flagship project will be a one-of-a-kind location and resort that revolutionizes what people think of as a music and art venue. Our plan is to develop a world-renowned destination that offers a superior level of amenities, services, exhibits and attractions, along with so much more than just a festival ground.”
Beyond world-class and state-of-the-art music production, Destino Ranch will offer the following features:
Large-Scale Art Consignment Gallery and Exhibition Space
Glampgrounds, Campgrounds and RV Park
Destino Bar, Grill & Lounge
On-Site Shopping and Retail Plaza
Live Streaming Services
Corporate Events, Workshops and Retreats
The Destino Podcast
Marco Moreno, the newly installed president and COO of Lavish Entertainment, was enthused to say that: “Destino Ranch is the culmination of more than a decade of experience in the planning and execution of large-scale event projects and production. Our goal is to provide guests with memorable and life-changing experiences that captivate their minds for years to come. As we anticipate Destino Ranch becoming a globally renowned attraction, we are proud to showcase the launch of this project and look forward to sharing more exciting developments with our shareholders in the weeks ahead.”
To keep updated on detailed information about Destino Ranch, please visit our website and social media pages below.
Destino Ranch Website: www.DestinoRanch.com
Destino Ranch Instagram: @DestinoRanch
Destino Ranch Twitter: @DestinoRanch
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 recently appointed Marco Antonio Moreno as its new president and chief operations officer. Mr. Moreno is the founder, senior designer and lead project manager for ABI Create, L.L.C. (“ABI”). Formed in 2015, and based out of Phoenix, Arizona, ABI is a complete-service event management and production firm offering:
Event Organization, Management, Production and Logistics
Site Planning and Permitting
Construction and Contracting
Custom Design and Fabrication
And More
ABI Create has successfully implemented its corporate vision of delivering high-fidelity production to large-scale installations that span major music festivals, major sporting events and notable conventions across the United States. Notable collaborative work samples include projects produced for:
NFL Super Bowl
San Diego & New York Comic-Con
EDC & Camp EDC and Other Insomniac Events
Bonnaroo Music Festival
The Waste Management Phoenix Open and Arnold Palmer Invitational
Burning Man
More information on Mr. Moreno along with his collaborators, partners and team can be found here https://www.abicreate.com/ or @marco.a.moreno
ABI was a crucial team member in the production of Lavish Entertainment’s Playa Playground New Year’s event (“Playa”). Held on Dec. 31, 2021, Playa was an auspicious and grand-scale Burning-Man-style music festival staged in Downtown Las Vegas that redefined the level of event that Lavish can provide. Due to the role ABI played in the execution of Playa, the CEO of Golden Triangle Ventures, Steffan Dalsgaard handpicked Mr. Moreno to lead the new vision of Lavish and contribute to the Company’s overarching business goal of becoming an industry leading, innovative and at-the-forefront music and arts entertainment production Company.
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 this 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 support each division and continue 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 businesses management believes they 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 that 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.
www.GoldenTriangleInc.com
FORWARD-LOOKING INFORMATION
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.
3035 E Patrick Ln. #15
Las Vegas, NV 89120
info@GoldenTriangleInc.com
1-800-469-2614
Corporate Communications
InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com
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Back to News Headlines
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Recent SEC Filings
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GTVH...NEWS......... 👏
.....
LMDXF..,. NASDAQ THAT WENT TO OTC,, ADDED F,,,... 013..... JOKER
LMDXF........ 013......... BUY WITH BOTH HANDS,,,, IS NOT AN F STOCK,,,, NASDAQ THAT WENT OTC...... JOKER
LTES....... will they give us dome shares today,,,, fresh off trading Black Friday to pink sheets... keep both eyes on this stock,,,
MARK THIS POST...... LTES.... to the moon.... Joker
I HAVENT POSTED IN MANY MOONS BEFORE TODAY BUT HERE IT IS.......LTES... came off black market to pink sheets this morning, check out prices before going black...
LTES... came off black market to pink sheets this morning, check out prices before going black...
LTES... came off black market to pink sheets this morning, check out prices before going black...
LTES..... PINK CURRENT this morning from expert market... better get em ...
LTES..... PINK CURRENT this morning from expert market... better get em ...
LTES..... PINK CURRENT this morning from expert market... better get em ...
Stevie Wonder can see what's going on here,,,bought at .001....and it still sucks......joker
Any move up starts the dumping,,,,P.O.S.
DAMN ,WHAT A DUMPSTER FEAST
CBIA,.............$$____$$$$$$$______&&&&&&&&&&_________$$$$$$$$$$$$$$______&&&&&&_______&$$$$$$$$$$$$$$$$$$$$____JOKER
CBAI.........cdel bidding 40 million at .0009...…...something else coming after great news last week......
JOKER
Let's go
Let's go
CLOW//////30 CENTS
CAFI....0271..........https://www.otcmarkets.com/stock/CAFI/disclosure
CAFI.......FILINGS FILINGS.........JOKER
CAFI..............https://www.otcmarkets.com/stock/CAFI/disclosure
CAFI......BID....0301......X.......15..........GOOD LUCK GETTING IN..............JOKER
CAFI.....0271............MAJOR MOVE COMING................JOKER
CAFI,,,,,,,,,,,,,,,,,,,,........BID BUILDING.............JOKER
CAFI..............BID BUILDING...........JOKER
KAST.....................SUPPLEMENTAL REPORT PURSUANT TO THE PINK BASIC DISCLOSURE
GUIDELINES
KASTEN INC.
31/F Baidu Int Building East Tower,
No.6 Haitian Yi Road, Nanshan District, Shenzhen, China, 518 000
March 24, 2023
Because we want to provide more meaningful and useful information, this Current
Report may contain certain “forward-looking statements” (as such term is defined in Section
21E of the Securities Exchange Act of 1934, as amended). These statements reflect our current
expectations regarding our possible future results of operations, performance, and
achievements. These forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995, regulation of the Securities
and Exchange Commission, and common law.
Wherever possible, we have tried to identify these forward-looking statements by using
words such as “anticipate,” “believe,” “estimate,” “expect,” “plan,” “intend,” and similar
expressions. These statements reflect our current beliefs and are based on information currently
available to us. Accordingly, these statements are subject to certain risks, uncertainties, and
contingencies, which could cause our actual results, performance, or achievements to differ
materially from those expressed in, or implied by, such statements. We have no obligation to
update or revise any such forward-looking statements that may be made to reflect events or
circumstances after the date of this Disclosure Statement.
Entry Into a Material Definitive Agreement and Completion of Acquisition or Disposition
of Assets.
On March 24, 2023, Kasten Inc. (the “Company”) entered into a Share Exchange
Agreement (the “Share Exchange Agreement”) with GGL Interior Studio Pte. Ltd.
(“Target”), and Heng Kong Chuan, the sole shareholder of the Target (the “Seller”), pursuant
to which, among other things and subject to the terms and conditions contained therein, the
Company agreed to effect an acquisition of the Target by acquiring from the Seller 100% of
the ordinary shares issued and outstanding of the Target (the “Acquisition”). The target is
engaged in the business of interior design.
Pursuant to the Share Exchange Agreement, in exchange for the acquisition of 100% of
the ordinary shares issued and outstanding of the Target, the Company issued an aggregate of
10,000,000 shares of common stock, par value $0.001 per share, of the Company (the
“Exchange Shares”) to the Seller. At the closing of the Acquisition, the Company entered into
a lock-up agreement with the Seller with respect to the Exchange Shares, pursuant to which the
Sellers agreed, subject to certain exceptions, not to transfer the Exchange Shares, or publicly
disclose the intention to do so, from the closing of the Acquisition until six months anniversary
of the closing (the “Lock-Up Agreement”).
The Share Exchange Agreement contains customary representations and warranties
made by the Company, on the one hand, and the Target and the Seller on the other hand, made
solely for the benefit of the other, which in certain cases are subject to specified exceptions and
qualifications contained in the Share Exchange Agreement or in information provided pursuant
to certain disclosure schedules to the Share Exchange Agreement.
On March 24, 2023, the Parties completed the transaction. Upon the closing of the
transaction, the Company acquired 100% shares issued and outstanding ordinary shares of the
Target and the Company issued 10,000,000 shares of common stock to the Seller.
Change in Shell Company Status
Prior to the acquisition of the Target on March 24, 2023, the Company was considered
a shell company. Effective on March 24, 2023, upon the closing of the acquisition of the Target,
the Company has changed its status as a shell company and is no longer deemed to a shell
company.
The operations of the Target were fully integrated into the Company since March 24,
2023. The Target was formed in 2016 and has been active in the business of interior design.
Since the Target’s acquisition by the Company, the Target has continued to its operations.
As a result of the continuing operations of the Target as a wholly owned subsidiary of
the Company, the Company has become an operating entity and, thus, not an entity with “no
or nominal operations”. Therefore, the Company no longer meets the SEC definition of a
Shell Company.
Exhibits.
Exhibit
No.
Description
10.1* Share Exchange Agreement, dated as of March 24, 2023, by and among Kasten Inc.,
GGL Interior Studio Pte. Ltd. and Heng Kong Chuan.
10.2 Form of Lock-Up Agreement.
* The exhibits and schedules to this Exhibit have been omitted in accordance with Regulation
S-K Item 601(a)(5). The Registrant agrees to furnish supplementally a copy of all omitted
exhibits and schedules to the Securities and Exchange Commission upon its request.
I, Jingwei Zhang, hereby certify that:
1. I have reviewed this Supplemental Report of Kasten Inc.; and
2. Based on my knowledge, this disclosure statement does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements were
made, not misleading with respect to the period covered by this d..............................................
KAST......................................................................................................................SUPPLEMENTAL REPORT PURSUANT TO THE PINK BASIC DISCLOSURE
GUIDELINES
KASTEN INC.
31/F Baidu Int Building East Tower,
No.6 Haitian Yi Road, Nanshan District, Shenzhen, China, 518 000
March 24, 2023
Because we want to provide more meaningful and useful information, this Current
Report may contain certain “forward-looking statements” (as such term is defined in Section
21E of the Securities Exchange Act of 1934, as amended). These statements reflect our current
expectations regarding our possible future results of operations, performance, and
achievements. These forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995, regulation of the Securities
and Exchange Commission, and common law.
Wherever possible, we have tried to identify these forward-looking statements by using
words such as “anticipate,” “believe,” “estimate,” “expect,” “plan,” “intend,” and similar
expressions. These statements reflect our current beliefs and are based on information currently
available to us. Accordingly, these statements are subject to certain risks, uncertainties, and
contingencies, which could cause our actual results, performance, or achievements to differ
materially from those expressed in, or implied by, such statements. We have no obligation to
update or revise any such forward-looking statements that may be made to reflect events or
circumstances after the date of this Disclosure Statement.
Entry Into a Material Definitive Agreement and Completion of Acquisition or Disposition
of Assets.
On March 24, 2023, Kasten Inc. (the “Company”) entered into a Share Exchange
Agreement (the “Share Exchange Agreement”) with GGL Interior Studio Pte. Ltd.
(“Target”), and Heng Kong Chuan, the sole shareholder of the Target (the “Seller”), pursuant
to which, among other things and subject to the terms and conditions contained therein, the
Company agreed to effect an acquisition of the Target by acquiring from the Seller 100% of
the ordinary shares issued and outstanding of the Target (the “Acquisition”). The target is
engaged in the business of interior design.
Pursuant to the Share Exchange Agreement, in exchange for the acquisition of 100% of
the ordinary shares issued and outstanding of the Target, the Company issued an aggregate of
10,000,000 shares of common stock, par value $0.001 per share, of the Company (the
“Exchange Shares”) to the Seller. At the closing of the Acquisition, the Company entered into
a lock-up agreement with the Seller with respect to the Exchange Shares, pursuant to which the
Sellers agreed, subject to certain exceptions, not to transfer the Exchange Shares, or publicly
disclose the intention to do so, from the closing of the Acquisition until six months anniversary
of the closing (the “Lock-Up Agreement”).
The Share Exchange Agreement contains customary representations and warranties
made by the Company, on the one hand, and the Target and the Seller on the other hand, made
solely for the benefit of the other, which in certain cases are subject to specified exceptions and
qualifications contained in the Share Exchange Agreement or in information provided pursuant
to certain disclosure schedules to the Share Exchange Agreement.
On March 24, 2023, the Parties completed the transaction. Upon the closing of the
transaction, the Company acquired 100% shares issued and outstanding ordinary shares of the
Target and the Company issued 10,000,000 shares of common stock to the Seller.
Change in Shell Company Status
Prior to the acquisition of the Target on March 24, 2023, the Company was considered
a shell company. Effective on March 24, 2023, upon the closing of the acquisition of the Target,
the Company has changed its status as a shell company and is no longer deemed to a shell
company.
The operations of the Target were fully integrated into the Company since March 24,
2023. The Target was formed in 2016 and has been active in the business of interior design.
Since the Target’s acquisition by the Company, the Target has continued to its operations.
As a result of the continuing operations of the Target as a wholly owned subsidiary of
the Company, the Company has become an operating entity and, thus, not an entity with “no
or nominal operations”. Therefore, the Company no longer meets the SEC definition of a
Shell Company.
Exhibits.
Exhibit
No.
Description
10.1* Share Exchange Agreement, dated as of March 24, 2023, by and among Kasten Inc.,
GGL Interior Studio Pte. Ltd. and Heng Kong Chuan.
10.2 Form of Lock-Up Agreement.
* The exhibits and schedules to this Exhibit have been omitted in accordance with Regulation
S-K Item 601(a)(5). The Registrant agrees to furnish supplementally a copy of all omitted
exhibits and schedules to the Securities and Exchange Commission upon its request.
I, Jingwei Zhang, hereby certify that:
1. I have reviewed this Supplemental Report of Kasten Inc.; and
2. Based on my knowledge, this disclosure statement does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements were
made, not misleading with respect to the period covered by this d
KAST.......joker
KAST.........CHECK NEWS THIS MORNING....AND S/S....JOKER
ONE MORE-TIME ..CAN YOU GUYS READ....................................21.......Mexican Government Grants XEBRA Brands the First Ever Cannabis Authorizations for the Cultivation, Processing, Production, and the National Commercialization of Cannabis Products
Press Release | 03/09/2023
Vancouver, British Columbia--(Newsfile Corp. - March 9, 2023) - Xebra Brands Ltd. (CSE: XBRA) (OTCQB: XBRAD) (FSE: 9YC0) ("Xebra"), a cannabis company, is pleased to report that the Mexican Health Regulatory Agency (the Mexican FDA equivalent) (the "COFEPRIS") has granted to Xebra's wholly owned Mexican subsidiary Desart MX, SA de CV ("Xebra Mexico"), an outright first-mover-advantage in Mexico, by officially issuing corporate cannabis authorizations to, among other things, import and acquire cannabis seeds, cultivate and harvest cannabis, process and produce cannabis, and sell cannabis products both domestically and through export.
Xebra announced on December 2nd, 2021, that all five Supreme Court justices voted unanimously in favor of granting Xebra Mexico an irrevocable injunction to commercialize cannabis products. The final step required the COFEPRIS to deliver formal authorizations. Those authorizations have now been received by Xebra and include standard conditions concerning safety protocols, security measures, phyto-sanitation processes, pest management procedures, and customary inspection and reporting provisions. The authorizations are subject to Xebra satisfying the industry standard conditions. Notably, there are no restrictions on where in Mexico, Xebra can cultivate cannabis, nor on the size of the cultivation facilities, or the volume of processing and manufacturing operations. The authorizations will initially apply specifically to the commercialization of cannabis products with low levels of THC (under 1%).
"This represents an important moment for cannabis globally with the first ever grant for full cultivation, harvesting, processing and commercial activities to a corporate entity in Mexico," said Jay Garnett, CEO of Xebra Brands. "This grant follows years of hard work and focus by a devoted team and is only the beginning of what Xebra has laid as the foundation for growth. The path is now clear for Xebra to continue forward to unlock the commercial opportunities that exists. We are excited to start the process of engaging with potential partners and stakeholders through various commercial joint-ventures/partnerships," states Jay Garnett, CEO.
Xebra looks forward to a productive and cooperative relationship going forward with the COFEPRIS to understand their guidance and operate within the authorizations, rules, regulations, and conditions set forth for the Mexican cannabis market.
Xebra will take a methodical approach to assessing all opportunities for partnership and growth that have been presented to it since it began the process of the application for the authorization on November 29th, 2018. We recognize the historical importance and commercial opportunity of being granted these authorizations by the Mexican Government as a first mover company.
"We look forward to delivering to our shareholders, a plan in which we recognize the full potential of these authorizations on a similar scale to those corporations that were granted licenses through Health Canada upon legalization in Canada," said Jay Garnett, CEO.
Xebra will provide an update on its plans for the Mexican cannabis market in coming weeks.
Please contact Xebra for more information as it unfolds its story to its shareholders, the public, and the world.
Jay Garnett
CEO
For more information contact:
+1 (833)-932-7288
XBRAD,,,,,,,,,,,21.................Mexican Government Grants XEBRA Brands the First Ever Cannabis Authorizations for the Cultivation, Processing, Production, and the National Commercialization of Cannabis Products
Press Release | 03/09/2023
Vancouver, British Columbia--(Newsfile Corp. - March 9, 2023) - Xebra Brands Ltd. (CSE: XBRA) (OTCQB: XBRAD) (FSE: 9YC0) ("Xebra"), a cannabis company, is pleased to report that the Mexican Health Regulatory Agency (the Mexican FDA equivalent) (the "COFEPRIS") has granted to Xebra's wholly owned Mexican subsidiary Desart MX, SA de CV ("Xebra Mexico"), an outright first-mover-advantage in Mexico, by officially issuing corporate cannabis authorizations to, among other things, import and acquire cannabis seeds, cultivate and harvest cannabis, process and produce cannabis, and sell cannabis products both domestically and through export.
Xebra announced on December 2nd, 2021, that all five Supreme Court justices voted unanimously in favor of granting Xebra Mexico an irrevocable injunction to commercialize cannabis products. The final step required the COFEPRIS to deliver formal authorizations. Those authorizations have now been received by Xebra and include standard conditions concerning safety protocols, security measures, phyto-sanitation processes, pest management procedures, and customary inspection and reporting provisions. The authorizations are subject to Xebra satisfying the industry standard conditions. Notably, there are no restrictions on where in Mexico, Xebra can cultivate cannabis, nor on the size of the cultivation facilities, or the volume of processing and manufacturing operations. The authorizations will initially apply specifically to the commercialization of cannabis products with low levels of THC (under 1%).
"This represents an important moment for cannabis globally with the first ever grant for full cultivation, harvesting, processing and commercial activities to a corporate entity in Mexico," said Jay Garnett, CEO of Xebra Brands. "This grant follows years of hard work and focus by a devoted team and is only the beginning of what Xebra has laid as the foundation for growth. The path is now clear for Xebra to continue forward to unlock the commercial opportunities that exists. We are excited to start the process of engaging with potential partners and stakeholders through various commercial joint-ventures/partnerships," states Jay Garnett, CEO.
Xebra looks forward to a productive and cooperative relationship going forward with the COFEPRIS to understand their guidance and operate within the authorizations, rules, regulations, and conditions set forth for the Mexican cannabis market.
Xebra will take a methodical approach to assessing all opportunities for partnership and growth that have been presented to it since it began the process of the application for the authorization on November 29th, 2018. We recognize the historical importance and commercial opportunity of being granted these authorizations by the Mexican Government as a first mover company.
"We look forward to delivering to our shareholders, a plan in which we recognize the full potential of these authorizations on a similar scale to those corporations that were granted licenses through Health Canada upon legalization in Canada," said Jay Garnett, CEO.
Xebra will provide an update on its plans for the Mexican cannabis market in coming weeks.
Please contact Xebra for more information as it unfolds its story to its shareholders, the public, and the world.
Jay Garnett
CEO
For more information contact:
+1 (833)-932-7288