Golden Triangle Ventures, Inc. Announces Full List of 2021 Accomplishments and Plans for 2022
LAS VEGAS, Dec. 23, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Golden Triangle Ventures, Inc. (OTC PINK:GTVH) (the “Company”) is pleased to announce a full list of the Company’s 2021 accomplishments and achievements, and provide insight into some of the overarching objectives that have been set in place for 2022. Golden Triangle Ventures has a mission to develop a portfolio of exciting businesses that synergistically benefit its core divisions which operate in the Health, Entertainment, and Technology sectors. Listed below is an overview of the projects that have unfolded, and the milestones accomplished during the past year as well as a transparent look at the future ahead. After a strong year of developing the roadmap that set Golden Triangle Venture’s current and future course during the pandemic and shutdown in 2020, the Company opened the new year by securing its corporate headquarters in Las Vegas, Nevada, to implement its full execution strategy. The core team was trained and empowered to build the foundation and infrastructure needed to develop an array of services to support the numerous projects within the business. Plans and processes were established to provide marketing, sales, operations, design creation, corporate structuring, material framework, standard operating procedures and policies throughout the burgeoning operation. A full-service business development platform was launched, and the company immediately worked towards assisting the execution strategies within Global Health Services, Lavish Entertainment and HyFrontier Technologies.
Global Health Services operates under the company Health division and was formed with a vision to become a global health company. The company built its Health Portal (www.GTVHealth.com) to offer all health-related services and products within the business. A partnership with Sonder Fulfillment was formed to provide a support system and sales arm, with approval to represent and sell the Le Pragma product line which includes a full retail line of high-end, all-natural, health, wellness and beauty products. As the year progressed, Golden Triangle Ventures completed its full acquisition of Sonder Fulfillment and is currently in the final stages of its intent to acquire the Le Pragma brand, assets and IP. Management hopes to complete this acquisition in Q1 2022 and will soon begin the final due diligence on all material and agreements. Furthering the company vision, Global Health Services has a goal to provide support services to different health-related companies while building a portfolio of products and companies that can benefit the planet. With several distribution channels in place to support the sales and growth of the initial products and services in place, management has a plan to expand all aspects of Global Health Services in 2022.
Lavish Entertainment operates under the Company’s Entertainment division and has, since its inception in 2017, organized some of the most exciting Electronic Dance Music (EDM) concerts in Las Vegas. The past 12 months have brought significant growth, fueled by the objectives it has accomplished. One of the most exciting of these is the exclusive partnership with Positron to develop a fully immersive, live entertainment Virtual Reality platform to showcase entertainment in VR/AR. This platform is expected to be completed in 2022 and management believes in the possibilities of further opportunities within the partnership. Additionally, the company launched Syndicate Bass Records and organized its first label showcase to complement its initial label release, which achieved a top-100 placement on beat port. A full Hennessey Sound Design system was acquired to support the company’s live stream and live concert production efforts. The initial Live Stream pilot events were proven, and the company anticipates a full launch in the new year, which will support the monetization plan put in place to advance and benefit the company vision.
At inception, Lavish Entertainment had a goal of organizing the most exciting festivals in the world and this goal became a reality with the recent organization of Playa Playground, its New Year’s Eve Music & Art Festival which will showcase the company vision. From organizing small shows and growing into the biggest festival in Las Vegas on New Year’s Eve, management is very proud of the milestones accomplished over the past year. As the company continues to hold onto the goal of building the world’s most advanced music venue, management understands the capital requirements needed to turn this vision into reality and has shifted its focus to prioritize other business developments. As this goal will never fade away, management looks forward to actualizing the venue when financially able to do so.
One such priority over the past year has been to quietly develop a Point of Sale (POS) system that can offer a unique benefit to venue owners, guests, staff and contractors that participate within any event. Lavish Entertainment believes the system being developed may provide a greater value than any system offered on the market today. The framework, processes, development plans and marketing strategies are now complete, and the company plans to move forward with protecting its IP and completing the development of the system. Further transparency into the project is expected to be provided in the year ahead as development continues. As these milestones near completion Lavish Entertainment is poised to build a conglomerate of entertainment businesses under one umbrella that work in concert to further the company’s vision of becoming a leader in the entertainment industry.
HyFrontier Technologies operates under the Company’s Technology division, which owns a patent-pending process and device technology called "HyGrO," a molecular hydrogen and oxygen delivery system for agriculture. In 2021 the company transitioned into a full development and manufacturing facility to achieve its goal of producing a commercially viable product that can provide value to small and large-scale agriculture farming operations. The company spent the past year strengthening its core technology and improving upon every aspect of its initial IP, including the advancement of its electronic control systems to increase its lifespan and performance. The company has produced the first four commercial test HyGrO units and studies are currently being conducted to substantiate the benefits and commercial viability of the technology before its initial launch. In 2022, the company anticipates further testing of the technology on post-harvest crops such as fruits and vegetables sold in retail outlets and will study the potential savings from the reduction of product spoilage. In addition, management plans to complete its full manufacturing plans and sales funnel to deploy HyGrO to the world, when ready. Management of Sonder Fulfillment enjoy relationships with some of the largest farming operations in the country and the main priority is to prepare a viable unit that can substantiate its benefit so the company can mitigate the risk of deployment without value enhancement. Understanding the predictable outcome and value of the technology is critical before the company launches its technology.
In 2021 Sonder Fulfillment joined the GTV family and began focusing on emerging markets to expand its international footprint and further the company’s vision of driving forward the most powerful cannabinoid products to the world. The year began with management signing an initial agreement with an upcoming multi-level marketing company, Xifra, located in Mexico, to launch its CBD health and wellness product line. Following the successful production and export of the initial SKUs into the Mexican market, Xifra flew Sonder Fulfillment’s president and vice president to their conference in Cancun, Mexico, to be keynote speakers with a message regarding the efficacy of CBD products to a crowd of more than 5,000 attendees. Sonder Fulfillment continues to work with companies such as Inner Bloom, also located in Mexico, as well as their Food and Drug Administration (COFEPRIS) to advance cannabinoid products and become a first mover in a market with an opportunity to be one of the largest in the world. Sonder Fulfillment was also able to successfully enter the Japanese market in 2021 and has worked diligently to understand the stringent requirements to export cannabinoid products into Japan and has secured approval of CBN for export into the Japanese market. This opens up a tremendous amount of opportunity for sales in the upcoming year of the company’s novel cannabinoid product line, which has shown to greatly assist the end-user with anxiety and sleep-related issues.
Rounding out the year in international development, Sonder Fulfillment also secured a distribution channel and online platform for Le Pragma products that is backed by a large marketing team in the United Kingdom. This distribution channel will greatly assist the Health Division's goal of immediately capitalizing the Le Pragma inventory. Another exciting development during 2021 was the securing of a strategic relationship with GVB Biopharma, one of the industry’s largest and most well-respected cannabinoid manufacturers for the certification and distribution of Active Pharmaceutical Ingredient products for worldwide distribution, especially into markets that only allow the import of pharmaceutical grade cannabinoid products. This relationship has allowed Sonder Fulfillment the opportunity to secure one of the most stable and steady supply chains available in the market which will help expand the company’s revenue opportunities in 2022.
Napa Wine Brands was acquired by Golden Triangle Ventures in 2021 and now operates under the Company’s Food & Beverage division. The company has a mission of providing a world-class portfolio of unique brands which are all birthed from Napa Valley and Sonoma Valley in the heart of California’s Wine Country. The Lodge Winery & Olive Oil Co. was the first project to transpire under Napa Wine Brands which produces award-winning wines and locally grown and milled, single varietal extra virgin olive oils, and a variety of award-winning wine vinegars. The past year has formed some exciting relationships with wine distribution companies that are in short supply of wines produced from the Napa and Sonoma Valley regions. To help achieve the goal of supplying large volumes of Napa and Sonoma Valley wine that is either produced or sourced by The Lodge Winery & Olive Oil Co., the company recently hired a new head winemaker who has a long pedigree of producing award winning wines for major Napa Valley wineries such as Silver Oak, Far Niente and others.
The company has extended its product line with the newest release of a 2018 Napa Valley Cabernet Sauvignon which originates from a small, highly coveted sub-region in the Napa Valley called "Oak Knoll." This new addition has a bottling date set for Feb. 16, 2022, which will conclude the first of several other releases set for the new year. Furthering this goal is the development of “Delise” (www.DeliseCellars.com) which is a new line of sparkling wines, beginning with a wonderful Blanc de Blancs, set to release in late January 2022. The fruit to produce this wonderful sparkling wine is 100% Chardonnay coming from the highly coveted Northern California coastal regions of Sonoma and Mendocino counties and made by the company’s award-winning wine maker. As the company continues to grow its product line to achieve its goal of supplying wine distributors in the new year, management has also prepared for the launch of Special Occasion Wines (www.SpecialOccasionWines.com) which compliments its business and will be another new brand under the Napa Wine Brands family of fine products and services. This brand was formed to provide consumers the ability to order custom made wine with personalized labels and shipped direct to their home. This service will be available for small or large quantities and is set to launch in early 2022.
Separate from the businesses within Golden Triangle Ventures, management has been working diligently to amend the company financial statements to achieve its goal of becoming a fully audited company and listing its security on a senior exchange. F.A.R. Out Numbered, LLC (“FAR”) has been retained as the new Corporate Accountant/Controller, Enrolled Agent, and Licensed Tax Consultant of Golden Triangle Ventures and the detected discrepancies have now been reviewed and corrected. The company is in the process of completing all disclosure statements that are anticipated to file in near future. In addition, the company has received all state documentation needed to form a new class of preferred shares which will be used to issue dividends of the two proposed spin offs to all shareholders of record as of Feb. 19, 2021. The company has received the full shareholder list for all dividend holders and is excited to complete these goals. As the company financial statements are close to being amended and refiled, management has reengaged services with Sequire, New To The Street, and Fundamental Research Corp. to complete all previously engaged services that may assist the company in sharing its story to the world.
As we approach the end of 2021, Golden Triangle Ventures is excited to share further information on recent new developments such as Electryone Advisors and the represented technology and business within. Furthermore, the company expects to provide further transparency into the relationship between Lelantos Holdings and Golden Triangle Ventures. Upon reviewing the many exciting developments and achievements that have transpired over the past year, Golden Triangle Ventures and its management teams are prepared and looking forward to a strong new year ahead.
*About Golden Triangle Ventures, Inc.*
Golden Triangle Ventures, Inc. (GTV) is a multifaceted consulting company pursuing ventures in the health, entertainment, technology, fulfillment and food & beverage industries, with many additional projects being developed that provide synergistic values to these divisions. The company aims to purchase, acquire and/or 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 who 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.
www.GoldenTriangleInc.com
*HEALTH DIVISION*
Global Health Services is a wholly owned subsidiary of Golden Triangle Ventures (operating under its Health Division). Dedicated to the promotion of well-being and natural wellness, the company currently does business in the medical PPE space as well as the industrial hemp/CBD industry. Additionally, the company has a vision to promote, market and generate sales for a myriad of products and services, which include a full retail line of high-end, all-natural health, wellness and beauty products created by Le Pragma, which the company is currently working to acquire in full. To help achieve this vision, Global Health Services is in the process of further developing an extensive online portal that will support the multiple verticals under the company and provide a one-stop shop for all of the company's products and services. Moreover, to support overarching business goals, senior management tirelessly works on acquiring and building an array of profitable assets and projects.
www.GTVHealth.com
*ENTERTAINMENT DIVISION*
Lavish Entertainment (EpicRaves) is a wholly owned subsidiary of Golden Triangle Ventures under its Entertainment Division. Operating out of Las Vegas, Nevada, the company started doing business in 2017 and was established with a vision of becoming a nationally recognized concert production company. The company currently has more than 30,000 national followers and nearly 100 team members who have helped the company successfully organize some of the most exciting electronic dance music concerts in Las Vegas. Lavish Entertainment is currently doing business as (DBA) "EpicRaves," which will eventually become a wholly owned subsidiary of Lavish Entertainment as the company expands its business into a variety of other forms of entertainment. The company is building an immersive virtual reality platform to help monetize its livestreamed concerts and assist its business in expanding into markets outside of Las Vegas. The company has also launched its own record label, called Syndicate Bass Records, to showcase some of the best bass music artists in the world and provide a platform to highlight their music. Lavish Entertainment has a partnership with Sahara Event Center, which is a 68,000-square-foot event center where the company organizes some of its larger concerts. Management has a vision of acquiring a large-scale venue to develop the most advanced event center in the world.
www.LavishEntertainment.com
www.EpicRaves.com
*TECHNOLOGY DIVISION *
HyFrontier Technologies is a wholly owned subsidiary of Golden Triangle Ventures under its Technology Division. The company owns a patent-pending process and device technology called "HyGrO," which is a molecular hydrogen and oxygen delivery system for agriculture. Golden Triangle Ventures, Inc. is assisting the company in commercializing the HyGrO unit for farm and home use in markets across the globe. HyFrontier Technologies, Inc. has a mission to improve global crop production efficiency by producing hydrogen and oxygen directly in the water stream. This technology can be used on any species of plant life in nearly any grow medium. Additionally, the system can be retrofitted to wellheads for large-scale agricultural projects, indoor grow operations and small farms or utilized for a multitude of residential home and garden applications. In-house testing has shown evidence that hydrogen is capable of increasing crop yields by up to 25% and, in many circumstances, a much higher amount. Larger root systems and better overall plant health were also observed by watering plants with the HyGrO unit. Multiple third-party commercial farms and testing facilities are currently working to validate the HyGrO technology, and all preliminary results are extremely positive. Company headquarters have moved into a 7,800-square-foot, state-of-the-art manufacturing facility located in Florida while executing a three-year lease with an option to purchase the entire 24,000-square-foot building.
www.HyFrontier.com
*FOOD & BEVERAGE*
Napa Wine Brands is a wholly owned subsidiary of Golden Triangle Ventures and a synergistic business with a mission of providing a world-class portfolio of unique brands that are all birthed from Napa Valley and Sonoma Valley in the heart of California’s wine country. The company has a commitment to manufacture and distribute specialty wines, foods and unique items while tapping into an array of hidden markets in the food and beverage industry. With extensive resources and award-winning products, Napa Wine Brands aims to develop some of the most desirable products in today’s market. Originated by some of the most profound experts in Napa Valley, the company’s vision is to broaden the horizon of a traditional food and wine company by creating a platform different than anything seen in the Northern Hemisphere. Napa Wine Brands has an array of fully developed products and services that provide value to the other divisions under Golden Triangle Ventures. The company is now preparing the launch of several brands, products and services that are market-ready to become cash-positive businesses. Golden Triangle Ventures will provide a full support system and assist management of Napa Wine Brands in growing this company into another fun, exciting and profitable division of Golden Triangle Ventures.
www.NapaWineBrands.com
*SONDER FULFILLMENT*
Sonder Fulfillment is a wholly owned subsidiary of Golden Triangle Ventures, providing an array of synergies to the many companies and projects within GTV. Sonder Fulfillment is a leading company in the industrial hemp and CBD industry. Sonder Fulfillment has put together a powerful team of research Ph.Ds, formulary scientists and flavor compounding specialists to build advanced cannabinoid-based nutritional and homeopathic products that are designed to catalyze the endocannabinoid system (ECS) to support targeted wellness and relief. The company’s management team has built many well-known products in the natural medicine space for several decades and has coalesced that knowledge to build out superior processes and products. Sonder Fulfillment has strong and longstanding relationships with farms, extraction labs, product formulation labs and co-packaging companies, which allows Sonder Fulfillment to secure the complete supply chain from start to finish and provide its clients with the lowest cost of goods sold as possible while maintaining the highest-quality standards in the industry. Sonder Fulfillment has produced for and currently has white-label contracts for some of the largest CBD companies in the space, such as Select (a division of CURA), Amway and many others. The company provides bulk raw CBD materials to clients in 22 countries and is now paving the way to become the first company to provide legally commercialized end-consumer CBD products into “hard-to-penetrate” markets such as Japan, Australia, South Korea and Mexico. Sonder Fulfillment has partnered with GVB Biopharma, one of the largest industrial hemp processors in the space, to undertake the extensive and rigorous process of getting active pharmaceutical ingredient (API) certification for raw products. API certification will allow Sonder Fulfillment to further expand its reach into markets where CBD can only be distributed through prescriptions as a medicinal product.
www.SonderFulfillment.com
*FORWARD-LOOKING INFORMATION*
Certain information set forth in this press release contains "forward-looking information," including "future-oriented financial information" and "financial outlook," under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the company's business, projects and joint ventures; (iv) execution of the company's vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the company's projects; (vi) completion of the company's projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the company's current customer, supplier and other material agreements; and (vii) future liquidity, working capital and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect to the future so they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance, and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Although forward-looking statements contained in this presentation are based upon what management of the company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. The Securities and Exchange Commission ("SEC") has provided guidance to issuers regarding the use of social media to disclose material nonpublic information. In this regard, investors and others should note that we announce material financial information on our company website, www.GoldenTriangleInc.com, in addition to SEC filings, press releases, public conference calls and webcasts. We also use social media to communicate with the public about our company, our services and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, in light of the SEC's guidance, we encourage investors, the media and others interested in our company to review the information we post on the following U.S. social media channels:
Twitter: www.twitter.com/GTV_Inc
*CONTACT INFORMATION*
Golden Triangle Ventures, Inc.
3035 E Patrick Ln. #15
Las Vegas, NV 89120
info@GoldenTriangleInc.com
1-800-469-2614
*Corporate Communications*
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