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Posted On: 10/04/2024 4:53:37 PM
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NetworkNewsBreaks – Golden Triangle Ventures Inc. (GTVH) Reaches ‘Major Milestone’ as Logistics Division Expands, Creates Consistent Cash Flow
Golden Triangle Ventures (OTC: GTVH), a multifaceted consulting company, has reached a major milestone in the expansion of its logistics division through its wholly owned subsidiary, LE Logistics, LLC. According to the company, LE Logistics has obtained the registration and insurance for eight trucks and shipping has officially commenced, creating a consistent cash flow stream; the vehicles are currently operating under West End Trucking Inc., a recently formed partnership. GTV is also in the process of acquiring the eight trucks, which will expand the company’s operational footprint and enhance its ability to scale GTV’s logistics division.
In addition, the company observed that has reached a strategic agreement with its largest investor to temporarily rescind the stock sale limitation agreement established earlier this year. The decision allows GTV to accelerate the growth of its logistics division and allows the company’s largest investor the flexibility to assist the immediate capital required to fuel operations during this pivotal launch and expansion phase. “The company is working to negotiate a settlement of its entire debt owed to its largest investor through trucking profits, aligning this investor’s interests with long-term success,” said the company in the press release.
NOTE TO INVESTORS: The latest news and updates relating to GTVH are available in the company’s newsroom at https://nnw.fm/GTVH
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
Golden Triangle Ventures (OTC: GTVH), a multifaceted consulting company, has reached a major milestone in the expansion of its logistics division through its wholly owned subsidiary, LE Logistics, LLC. According to the company, LE Logistics has obtained the registration and insurance for eight trucks and shipping has officially commenced, creating a consistent cash flow stream; the vehicles are currently operating under West End Trucking Inc., a recently formed partnership. GTV is also in the process of acquiring the eight trucks, which will expand the company’s operational footprint and enhance its ability to scale GTV’s logistics division.
In addition, the company observed that has reached a strategic agreement with its largest investor to temporarily rescind the stock sale limitation agreement established earlier this year. The decision allows GTV to accelerate the growth of its logistics division and allows the company’s largest investor the flexibility to assist the immediate capital required to fuel operations during this pivotal launch and expansion phase. “The company is working to negotiate a settlement of its entire debt owed to its largest investor through trucking profits, aligning this investor’s interests with long-term success,” said the company in the press release.
NOTE TO INVESTORS: The latest news and updates relating to GTVH are available in the company’s newsroom at https://nnw.fm/GTVH
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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