$tomi news just hit the wire! Lots of chatter on this one!
8:01 AM ET Dow Jones Companies in the News NKLA 13 QQQ 8 SPY 6 DIA 6 VV 5 Bars represent the number of news headlines or stories a company is mentioned in today. Click on a bar to go to the company’s news page. printFont size A A A Golden Triangle Ventures, Inc. Announces a Formal Update on its Business Activities 8:01 AM ET 9/21/20 | Dow Jones Related Quotes
3:59 PM ET 9/18/20 Symbol Last % Chg TOMI 0.12 0.00% Real time quote.
LAS VEGAS, NV / ACCESSWIRE / September 21, 2020 / Texas Oil & Minerals, Inc. recently merged with Golden Triangle Ventures, Inc. ("GTV"), a strategic consulting company doing business in the Health, Entertainment and Technology sectors, announces a formal update on past, present and future business endeavors.
Golden Triangle Ventures, Inc. executed a merger agreement with Texas Oil & Minerals, Inc. on August 10, 2019 and completed a formal merger in the State of Texas on August 22, 2019. The company changed its name in the State of Texas to Golden Triangle Ventures, Inc. and received a new CUSIP number and DTC eligibility. Management of GTV immediately moved forward with a formal corporate action with the Financial Industry Regulatory Authority (FINRA) to obtain a new stock symbol and name change. After submitting and satisfying the requests from FINRA over the past year, the corporate action was recently submitted to a secondary counsel inside of FINRA for a final review. On August 18(th) , 2020, FINRA responded with their decision to decline the corporate action name and symbol change due to missing 10-Q's and 10-K's that were not filed between 1987 and 1997 by the previous management. Golden Triangle Ventures has filed a formal appeal with FINRA and the company expects to prevail after a final decision is made. The company will maintain its current status and continue to trade under the symbol TOMI for the time being.
With the decline of the corporate action submitted by FINRA, the company has begun to upload the delinquent financial information needed to maintain a current status with OTC Markets.
Currently, management has been strongly focused on its Health, Entertainment, and Technology divisions. Each division is managed and operated by a full team of professionals that work full time to expand and develop the products and services offered. The company has made some significant advances on all fronts and we are now preparing to share all the developments within the coming weeks.
Steffan Dalsgaard, CEO of Golden Triangle Ventures states, "Working to obtain a new name and symbol change has been one of the most extensive procedures I have ever endured. We have spent countless hours and dollars trying to get past this corporate action change. As frustrated as I am to receive the news from FINRA, I am very happy that we now get to show the world what we have accomplished. The formal appeal has recently been filed with FINRA and we have a plan in place that we will execute if the appeal does not go in our favor. I am beyond excited for the future of our business and I promise that we will not stop pushing for this collective goal until we accomplish just that. Our business is moving forward daily and I am grateful that we are now able to begin sharing all our developments. I want to personally thank each and every shareholder for their patience during these times."
About Golden Triangle Venture
Golden Triangle Ventures, Inc. or "GTV" is a multifaceted consulting company pursuing ventures in the Health, Entertainment and Technology sectors. The company aims to purchase, acquire and/or joint venture with established entities within these areas of business. 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 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. For short updates on the company, please visit the corporate Twitter page @GTV_Inc
This news release may include "forward-looking statements" including forecasts, estimates, expectations, and objectives for future operations including but not limited to its ability to conclude a business combination with a third party, sale of assets, return of capital or initial public offering and a secondary listing on the OTC as a result of aforementioned and its ability to fund the exploration of its assets through the raising of equity or debt capital or through funding by a joint venture partner that are subject to a number of assumptions, risks, and uncertainties, many of which are beyond the control of Texas Oil & Minerals, Inc. including but not limited to capital markets and securities risks and continued development success on technology. There can be and are no actual or implied guarantees that any of the above activities will be completed or completed on terms acceptable to the Company and its shareholders or approved by any regulatory authority having jurisdiction. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially. Texas Oil & Minerals, Inc. does not assume the obligation to update any forward-looking statement, except as required by applicable law.
#2 $CLSP CleanSpark Commissions Software on New Microgrid Featuring Tesla Batteries PR Newswire PR Newswire•September 21, 2020 SALT LAKE CITY, Sept. 21, 2020 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), "the Company", a diversified software and services company announced the commissioning of its software on a new solar plus storage microgrid project in Central America. CleanSpark is partnered with an energy developer to deploy this unique solution for Micro Technologies SA, a major international assembly and manufacturing company. This microgrid is for their new factory located in the San Jose, Alajuela Province of Costa Rica.
The local clean-energy developer focuses on distributed power generation, storage, and management. They have installed some of the first microgrids in Latin America. This collaborative project between the two companies will incorporate grid-tied solar and energy storage systems primarily to offset utility energy costs. The secondary function of the system is to provide backup power during utility outages from construction through commissioning of the complex, as well as when facility is fully operational.
CleanSpark is providing its patented mPulse controls with market-based forecasting and operation. The Company has also procured and will incorporate the Tesla (Nasdaq:TSLA) PowerPack 2 battery energy storage system which will provide 558kW/1115kWh storage. Additionally, the project's solar installation includes 480kW AC, 531kW DC of PV (photovoltaic) solar panels. This represents the second microgrid located in Costa Rica with an mPulse controller paired with a Tesla energy storage solution.
MicroTech is a components and systems manufacturer for Fortune 500 companies which represent a multitude of industries including robotics, automotive, aerospace, and telecommunications. CleanSpark's mPulse controller will provide MicroTech with a means of reducing utility operating costs. This is accomplished by storing and/or shifting solar production through operation of the Tesla Powerpack ensuring consistent operation and resiliency. In the event of a power disruption from the grid, the energy storage system will be utilized to provide backup electricity to the manufacturing facility. This will help significantly reduce the financial impact associated with power outages during the manufacturing process of these sensitive products and equipment. The utilization of the AC-coupled solar array, also operated and managed by CleanSpark's mPulse software, will further extend the resiliency of the system.
Zach Bradford, CEO of CleanSpark commented, "We are extremely pleased to have partnered with local energy professionals on another microgrid project in Costa Rica. In addition to assisting the developer to provide resilient power and cost savings for MicroTech on a remote location, this system provides renewable clean-energy, an objective stated by the country of Costa Rica, in their pursuit of being powered by 100% renewables This edict is enthusiastically supported by CleanSpark and our local partners. We look forward to continuing to utilize our technologies to provide energy certainty, clean power, and cost avoidance throughout the region."
Parties interested in learning more about CleanSpark Microgrid services are encouraged to inquire by contacting the Company directly at info@cleanspark.com or visiting the Company's website at
Investors are encouraged to contact the Company at ir@cleanspark.com, or visiting the Company's website at https://ir.cleanspark.com/
About CleanSpark:
CleanSpark offers software and intelligent controls for microgrid and distributed energy resource management systems and innovative strategy and design services. The Company provides advanced energy software and control technology that allows energy users to obtain resiliency and economic optimization. Our software is uniquely capable of enabling a microgrid to be scaled to the user's specific needs and can be widely implemented across commercial, industrial, military, agricultural and municipal deployment. Our product and services consist of intelligent energy controls, microgrid modeling software, and innovation consulting services in design, technology, and business process methodologies to help transform and grow businesses.
Forward-Looking Statements:
CleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on CleanSpark's current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by CleanSpark that any of our plans will be achieved. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including, without limitation: the fitness of the product for a particular application or market, the expectations of future revenue growth may not be realized, timing of orders and deliveries, ongoing demand for its software products and related services, the impact of global pandemics (including COVID-19) on the demand for its products and services; and other risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading "Risk Factors" in our Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Contact - Investor Relations: CleanSpark Inc. Investor Relations (801)-244-4405
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