Golden Triangle Ventures Inc (GTVH)

[sakssey23]

Summary - add yours

Foundation: GTV was formed through a reverse merger and acquired Lavish Entertainment as its first business.
Impact of COVID-19: The pandemic affected operations, but the company bounced back with significant events, such as the music festival (not sure if I heard Plaid Playground music festival).
Expansion and Projects: GTV has ambitious plans, including the development of Destino Ranch.

Destino Ranch Project
Concept: A multi-faceted venue for music festivals, tourism, and cultural attractions, featuring art galleries, theme parks, shops, restaurants, and more.
Location and Scope: Located an hour outside of Las Vegas, initially on 70 acres, with plans to expand to over 600 acres.

Financial Strategy and Partnerships
Capitalization: Working with a Consulting firm to develop a feasibility study and investor packet aimed at raising up to $100 million.
Financing Commitments: Secured commitments from a financier.
Strategic Acquisitions: LE Logistics to support Destino Ranch and other operations.

Operational Goals
Business Model: Building a four-pillar business model covering logistics, staffing, equipment, and production.
Profitability: Focused on making the trucking and logistics businesses profitable to support overall operations and minimize dilution.
Future Plans: Spinning off Lavish Entertainment into its own public company, developing medical and technology divisions, and liquidating existing inventory.

Shareholder Engagement
Communication: Commitment to transparency and regular updates through press releases and direct communication.
Buyback Program: Plans to use 10% of profits to buy back company stock to benefit shareholders.
Audit and Uplisting: Goals to audit and uplist GTV, with dreams of eventually being listed on NASDAQ.