Golden Triangle Ventures (OTC: GTVH) (“GTV”) reached an agreement with Labor Smart, Inc. (OTC: LTNC) to acquire the Go Fast Sports brand, including all assets, trademarks, inventory and related rights, marking its first major acquisition under incoming CEO Javier Leal. The deal was completed without issuing GTVH stock or convertible notes, as Leal contributed 720 million of his personal LTNC shares to the transaction, calling it a gift to shareholders. Founded in 1996, Go Fast Sports is a lifestyle-driven energy brand with a global following in extreme sports, motorsports and athletic communities, and will anchor GTVH’s Beverages & Health division alongside its Construction & Infrastructure and Manufacturing & Distribution units. Management said the acquisition positions the company to capitalize on the fast-growing energy and functional beverage category while executing a broader multi-industry growth plan.
To view the full press release, visit https://ibn.fm/xrav1
About Golden Triangle Ventures, Inc.
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.
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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