LAS VEGAS, April 11, 2024 (GLOBE NEWSWIRE) — by way of IBN — Golden Triangle Ventures, Inc. (OTC PINK: GTVH) (“GTV” or the “Company”) is happy to announce that Lavish Entertainment (or “Lavish”), a completely owned subsidiary of GTV, has accomplished a full acquisition of ABI Create (or “ABI”), a premier occasion administration and manufacturing agency. Founded in 2015 by Marco Antonio Moreno (not too long ago appointed as the brand new President and COO of Lavish Entertainment), ABI Create has delivered high-quality productions for a variety of large-scale installations at main music festivals, sporting occasions and conventions throughout the United States. Notable initiatives embody collaborations with the NFL Super Bowl, San Diego and New York Comic Con, EDC and Camp EDC, Bonnaroo Music Festival, the Waste Management Phoenix Open, Arnold Palmer Invitational, Burning Man, and plenty of extra.

This acquisition will transition ABI Create into a completely owned subsidiary of Lavish Entertainment and bolster its place within the leisure {industry} via ABI’s longstanding and distinctive fame, in addition to its confirmed monitor file of executing high-level initiatives. Headquartered in Las Vegas, Nevada, ABI’s complete suite of companies contains occasion group, administration, manufacturing, logistics, website planning, allowing, building, contracting, {custom} design and fabrication.

Steffan Dalsgaard, CEO of Golden Triangle Ventures, has developed a powerful relationship with Marco Moreno via mutual initiatives, together with the manufacturing of Lavish Entertainment’s Playa Playground New Year’s occasion (“Playa”), a groundbreaking Burning-Man-style music pageant held in Downtown Las Vegas on Dec. 31, 2021. As the connection progressed, Dalsgaard handpicked Moreno to guide Lavish Entertainment and the event of its Destino Ranch venture (www.DestinoRanch.com), in addition to leverage ABI Create’s experience to propel Lavish in direction of its objective of turning into an industry-leading music and humanities leisure manufacturing firm.

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“This acquisition of ABI Create sets the stage for us to begin showcasing all other synergistic divisions within Lavish that will support all resources, relationships and partnerships within the ABI portfolio of offerings,” mentioned Dalsgaard. “Our goal is to develop ABI into a one-stop-shop event management business within Lavish that will hold a complete suite of event management and development services. This aims to complement all internal projects and productions and will potentially support outside business opportunities that can provide fundamental synergies to our ultimate plan of building a complete entertainment enterprise.”

Moreno additional feedback: “I am excited to deliver my exhaustive portfolio of work and overall business expertise within ABI Create, through Lavish Entertainment. This acquisition marks the first of many exciting commitments and developments that have transpired since my appointment. We are actively working to roll out further details on all other complementary aspects within our revised business model that will evolve Lavish into a powerhouse in the entertainment industry.”

For extra data on ABI Create and its crew, please go to https://www.abicreate.com/ or observe @marco.a.moreno

About Golden Triangle Ventures, Inc.

Golden Triangle Ventures, Inc. or “GTV” is a multifaceted consulting Company, which operates because the father or mother enterprise pursuing ventures within the well being, leisure and know-how sectors, together with others that present synergistic worth to those three core divisions. The Company goals to buy, purchase and/or three way partnership with established entities inside these areas of enterprise. The items and companies represented are pushed by innovators who’ve ardour and dedication in these marketplaces. The Company plans to make the most of relationships and create a platform for brand spanking new and present companies to strengthen their merchandise and/or companies. The three factors of the Golden Triangle completely symbolize the three sectors by which this Company goals to do enterprise. Golden Triangle Ventures is extremely centered on buying a well-diversified portfolio of corporations beneath one umbrella, that are all managed and owned by the Company. An wonderful crew of pros help every division and proceed to assist the Company develop every day. Being a publicly traded Company offers the flexibility to supply the help wanted to assist every subsidiary develop into the enterprise that administration believes it may and can turn into.

Golden Triangle Ventures’ enterprise mannequin is supported by the drive for vertical integration to chop prices and maximize margins. Management strives to amass entities and belongings that they absolutely perceive, which preserve the prospect for long-term exponential development. The mission is to supply the mandatory sources for every subsidiary to generate revenue, after which permit them to leverage one another and maximize financial affect. In addition, GTV supplies an expert company illustration service to totally different corporations in these sectors whereas consulting on quite a lot of totally different enterprise improvement targets.

The spine of this enterprise is really a crew {of professional} advisors trying to assist corporations with a mess of company targets. With an in depth Rolodex of relationships, administration may help with a dynamic vary of venture obstacles whereas sustaining a high quality service for every shopper the Company represents. No matter what the wants are, the crew concerned may help facilitate many alternative transactions efficiently for all events concerned. The community of relationships expands to {industry} specialists who can help with venture administration, product sourcing, industrial agriculture venture implementation and a lot extra. Golden Triangle Ventures develops methods and detailed plans which might be custom-tailored to every company want and goal in all areas of enterprise.

The GTV enterprise mannequin is targeted on the next core group of pursuits:

Acquisitions / Assets / Holdings – The Company at the moment owns a singular portfolio of corporations which might be all being developed and supported by GTV, every holding a standard objective of creating a constructive affect within the {industry} by which they function.

Services – Services are deployed via Golden Triangle Ventures to help all of the distinctive alternatives inside its operation. The Company additionally gives its companies to pick alternatives that would develop synergistic worth throughout the relationship between each corporations via the results of its efforts.

Investments – Management identifies high-value alternatives and supplies capital investments in a number of corporations and initiatives being developed. Each funding is complemented by a hands-on strategy of serving to to develop the general path and strategic plan for every alternative.

For extra data, go to us at: www.GoldenTriangleInc.com

About Lavish Entertainment, Inc.

Lavish Entertainment, Inc. is a completely owned subsidiary of Golden Triangle Ventures working beneath its Entertainment Division. Currently conducting its enterprise out of Las Vegas, Nevada, the Company began doing enterprise in 2017 and was established with a imaginative and prescient of turning into nationally acknowledged in live performance manufacturing. The Company at the moment has greater than 30,000 nationwide followers and practically 100 crew members who’ve helped Lavish efficiently set up among the most fun digital dance music live shows in Las Vegas. Lavish Entertainment strives to provide high-quality {and professional} occasions that present an immersive expertise via state-of-the-art manufacturing and sound implementation.

Lavish Entertainment is at the moment creating a flagship leisure advanced known as Destino Ranch, which intends to turn into a great outside music and pageant venue, immersive artwork set up, vacationer attraction and world-renowned vacation spot middle. The Company not too long ago secured a purchase order settlement to amass practically 70 acres of prime and improved land for its Destino Ranch venture, which is strategically situated in Arizona. The property secured has upgrades that symbolize a considerable funding totaling practically $6 million, which has turned this once-vacant land into a wonderful oasis that gives the preliminary infrastructure wanted to start the event of Destino Ranch.

Forward-Looking Statements

Certain data set forth on this press launch incorporates “forward-looking information,” together with “future-oriented financial information” and “financial outlook,” beneath relevant securities legal guidelines (collectively referred to herein as forward-looking statements). Except for statements of historic truth, the data contained herein constitutes forward-looking statements and contains, however is just not restricted to, the (i) projected monetary efficiency of the Company; (ii) completion of, and using proceeds from, the sale of the shares being supplied hereunder; (iii) the anticipated improvement of the Company’s enterprise, initiatives and joint ventures; (iv) execution of the Company’s imaginative and prescient and development technique, together with with respect to future M&A exercise and international development; (v) sources and availability of third-party financing for the Company’s initiatives; (vi) completion of the Company’s initiatives which might be at the moment underway, in improvement or in any other case into consideration; (vii) renewal of the Company’s present buyer, provider and different materials agreements; and (viii) future liquidity, working capital and capital necessities. Forward-looking statements are offered to provide potential traders the chance to grasp administration’s beliefs and opinions in respect to the long run so they might use such beliefs and opinions as one think about evaluating an funding. These statements will not be ensures of future efficiency, and undue reliance shouldn’t be positioned on them. Such forward-looking statements essentially contain recognized and unknown dangers and uncertainties, which can trigger precise efficiency and monetary leads to future intervals to vary materially from any projections of future efficiency or outcomes expressed or implied by such forward-looking statements. Although forward-looking statements contained on this presentation are based mostly upon what administration of the Company believes are affordable assumptions, there will be no assurance that forward-looking statements will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such statements. The Company undertakes no obligation to replace forward-looking statements if circumstances or administration’s estimates or opinions ought to change, besides as required by relevant securities legal guidelines. The reader is cautioned to not place undue reliance on forward-looking statements. The Securities and Exchange Commission (“SEC”) has offered steerage to issuers concerning using social media to reveal materials nonpublic data. In this regard, traders and others ought to be aware that we announce materials monetary data on our Company web site, www.GoldenTriangleInc.com, along with SEC filings, press releases, public convention calls and webcasts. We additionally use social media to speak with the general public about our Company, our companies and different points. It is feasible that the data we submit on social media could possibly be deemed to be materials data. Therefore, in gentle of the SEC’s steerage, we encourage traders, the media and others desirous about our Company to evaluate the data we submit on the next U.S. social media channels:

Twitter: www.twitter.com/GTV_Inc

CONTACT INFORMATION:

Golden Triangle Ventures, Inc.

info@GoldenTriangleInc.com

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