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So all of the money from the trucking is going to Tom anyways? How does this company then be profitable from the trucking so they can buy back shares like they said or to open the Destino ranch fairy tale? Not to mention Toms also getting rich from selling his shares after the trucking business dries up. He's got this company by the balls.
Warning while the price has tripled?? This is going to Run without a doubt!!
Massive toxic ''death spiral'' convertible notes doom this ticker.
Look at the issuances an Q3. Shares are issued at deep discounts to the market. Note holders typically convert tranches of 9.99% of the debt they're owed which they dump. Doing so drives down the price. At that point the note holder can compel the company the company to issue even more shares to "true up" the value of the debt they're owed. As the cycle repeats the stock price falls while the O/S explodes. When the A/S of 4 billion is maxed out the lender can LEGALLY COMPEL THE COMPANY TO INCREASE THE NUMBER OF AUTHORIZED SHARES TO THE STRATOSPHERE resulting in massive dilution.
NOTE C – CONVERTIBLE NOTES PAYABLE. (page 36)
https://www.otcmarkets.com/otcapi/company/financial-report/416313/content
2 - On May 12, 2021, Golden Triangle Ventures, Inc. (the, “Company”) has executed a $2,000,000 credit facility with TK Zarro, LLC ("TKZ")
which has an interest rate of 8% per year and the balance of this loan converts into restricted stock at a dollar-for-dollar basis and shall be
calculated based on the 10-day average price of the borrower’s stock as quoted on the OTC Markets under the stock symbol GTVH. On
November 2, 2021, the Company executed an agreement and renegotiated the terms of investment from its Note Holder, TK Zarro, LLC
(“TKZ”). TKZ was originally issued Preferred H shares for his investments in the Company and has now executed a 3(a)(9) Exchange
through which 480,400 Preferred Series H shares owned by TKZ, were exchanged for a Credit Facility (the, “Credit Facility”). The Credit
Facility has a 10% simple interest rate per year and all exchanged shares were returned to the Company treasury. Under the terms of
the Credit Facility any balance owed to TKZ may be converted, on a dollar-for-dollar basis at a 20% discount to market price, into restricted
stock of GTVH. On May 17, 2022, this 20% conversion discount was amended to 50%. In addition, TKZ agreed to increase the credit limit
of the facility to $5,000,000. The terms of this Credit Facility were viewed as a favorable option to the Company because of its ability to pay
back the money loaned from TKZ. This Credit Facility may be viewed as less favorable in the event of a conversion below the $0.05
share price of the originally issued Preferred H Shares that were owned by TKZ. The company is working towards a goal to pay back all
loaned money from TKZ and eliminate all debt within the company. In the period ending September 30, 2024, the total loan balance was
$4,618,199 through this credit facility
O/S doubled since Q3??? My Scam-O-Meter is pinging. This turd is eaten up by convertible preferred shares and toxic death spiral notes & loans.
Are they really? Or are they payed to push it?
Another notorious OTC pumper is now trying to pump this, Matt Rivian. He is probably getting compensated as well. He was part of the whole CYBL caveat emptor fiasco.
Notice how he never says who the trucking contract is with, or what its for? Haven't seen the trucks actually hauling anything either. The videos are showing empty loads.
Notice how Steff always caveats the buyback with "when there are profits from the trucking business" now? There wont ever be profits.
Shawn Either is also an "Advisor"
Yeah Lee was also an admin in CrownKings various pumping telegram rooms too. Its all a scam to promote the stock. SEC does nothing to prevent any of it as well. CrownKing was 100% paid by Tom to promote it so Tom could sell his notes. No one discloses anything. Its an ugly game.
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Destino Ranch has its eyes set on becoming an international destination that rivals Coachella and other well-known festival sites. With access to nearly 22,000 visitors traveling through the area per day, the location offers an appealing opportunity to become a modern art and music festival mecca. Destino Ranch intends to complement the beautiful natural attributes of the Mojave Desert with an immersive, world-class art installation gallery with rotating exhibits, and a large-scale music venue with state-of-the-art staging and production.
Uniquely located on the highly traveled State Route 93 artery between Las Vegas and Phoenix.
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A captivating weekly hour-long series dedicated to delving into both current and upcoming Destino Ranch festivals and events. This podcast offers engaging interviews with artists and performers, exclusive insights into the entertainment industry’s latest developments, explorations of cutting-edge broadcast technology, and an array of other compelling subjects. Beyond its role in generating substantial additional revenue, the podcast serves as a dynamic means of fortifying brand recognition, ensuring the venue’s sustained relevance and strong presence in the forefront of audiences’ minds.
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