Golden Triangle Ventures (OTC: GTVH), a multifaceted, vertically integrated entity with businesses in CBD, entertainment, food/beverage and technologies, has released an update on its contract with Lelantos Holdings Inc. The partnership was originally designed to provide a mutually beneficial interest between GTVH and Lelantos, as well as enhance value for all stakeholders involved. According to the announcement, the financial transactions outlined in the original agreement have not been met because of unexpected delays that Lelantos faced in launching its agricultural refining operation in Michigan; however, Lelantos anticipates completing the obligations after the refining operation has been fully developed. According to the update, progress has been made, and Lelantos is developing the framework to provide a turnkey service and support structure for other refining operation opportunities. GTVH has provided support throughout the process and has been working with different marketing partners and resources to develop services designed to support products and services offered by both companies. In addition, GTVH provided an update on an anticipated merger between Lelantos and ProConcept Marketing Group (OTC: PRMK) as well as a consulting contract that Golden Triangle has with ProConcept. The announcement noted that Lelantos has been moving forward with the Financial Industry Regulatory Authority (“FINRA”) as it has worked to complete the merger. “We greatly appreciate the hard work and the significant investment of both money and time that GTV has put into assisting us to become a public entity,” said Lelantos Holdings president and CEO Nathan Puente in the press release. “Without their guidance and help, we would not be as far along in the process that we are. The delays we have experienced have been completely unforeseen; however, we are diligently getting past these hurdles and expect to be fully operational in the very near future. I look forward to not only repaying the initial investment back to GTV as originally planned, but to also developing a longstanding and mutually beneficial relationship that lasts for many years to come.”
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About Golden Triangle Ventures Inc.
Golden Triangle Ventures is a multifaceted consulting company pursuing ventures in the health, entertainment, technology, fulfillment, and food and beverage industries, with many additional projects being developed that provide synergistic values to these divisions. The company aims to purchase, acquire and do joint venture with established entities that management can assist and help develop into unique opportunities. Additionally, GTV provides a professional corporate representation service to different companies in these sectors while consulting on a variety of business development objectives. The goods and services represented are driven by innovators that have passion for and commitment to these marketplaces. The company plans to utilize relationships and create a platform for new and existing businesses to strengthen their products and/or services. For more information about the company, please visit www.GoldenTriangleInc.com
NOTE TO INVESTORS: The latest news and updates relating to GTVH are available in the company’s newsroom at https://ibn.fm/GTVH
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