Lelantos Holdings’ (OTCMKTS:LNTO) Changes Stock Symbol and Forms Partnership with Electryone Advisors
Lelantos Holdings’ (OTCMKTS:LNTO) has an innovative business structure that is based on the principle of “Solution Hunting”. The business model is purpose-built to acquire or joint venture with established entities in strategic market sectors. It is looking to grow its multifaceted presence to a public platform, with the objective of creating a diversified group of businesses at the forefront of innovation. It wants to foster an environment for accelerated growth and success, contributing to its shareholder’s investment portfolio.
Market Stats
On Tuesday, LNTO stock fell 1.52% to $0.6595 with more than 200 shares, compared to its average volume of 1.7K shares. The stock moved within a range of $0.6595 – 0.6595 after opening trading at $0.6595.
Lelantos Holdings, Inc. Announces a Completed Stock Symbol Change and Formal Partnership with Electryone Advisors
Lelantos Holdings, Inc., which was formerly ProConcept Marketing Group, Inc., has made an announcement that its stock symbol has officially changed from PRMK to LNTO, effective from July 7, 2022.
Throughout the whole process, the company was supported by its partner, Golden Triangle Ventures, Inc., while it worked over the past year to accomplish various milestones. After recently updating its financials to become current in its reporting obligations with OTC Markets, it has now completed its name and symbol change.
As of now, Lelantos is actively pursuing an anticipated merger. If successful, it will allow the company to provide more value and transparency to its shareholders as they drive several projects to the forefront and execute several thrilling accomplishments they are working on.
Management is hopeful regarding its mutually beneficial and synergistic working relationship with Golden Triangle Ventures as they continue to advance together on many fronts. It involves the recent partnership both companies have now secured with Electryone Advisors, an up-and-coming sustainable energy and microgrid design company.
Electryone Advisors is currently retained on more than 200 microgrid projects to minimize carbon emissions while providing green energy solutions. It will employ Lelantos Holdings for services that help with capital deployments, marketing consultation, and managing installation processes that include permitting and construction. Golden Triangle Ventures will support these activities by bringing large-scale projects to the table and providing a multitude of client management services for the contracts they originate.
The objective is to effectively manage its green microgrid projects. Lelantos’ North American and international presence will contribute to a stable infrastructure for Electryone to manage a high level of demand from clients. It includes large, major corporations to city-wide and governmental organizations, along with underdeveloped communities that are exploring a stable and green energy source.
Joshua Weaver, COO of Lelantos Holdings, is delighted to achieve the amazing milestone of realizing the symbol change. It is the result of more than 16 months of effort by an efficient team. He has expressed gratitude for the support of Golden Triangle Ventures, and for being a guide through the entire process. He is excited to provide more value to shareholders once certain things come to fruition in the future.
Key Quote
Joshua Weaver, COO of Lelantos Holdings, stated, “Reaching the incredible milestone of realizing our symbol change is the culmination of more than 16 months of dedicated work by a large team. We are especially grateful for the support of Golden Triangle Ventures, which has guided us through the entire process. The whole company is incredibly excited to further provide value to all of our shareholders as we complete our merger and prepare to disclose the details of multiple projects that we have been working on, including mutual opportunities with Golden Triangle Ventures.”
Traders Corner
LNTO stock is trading below the 20-Day and 50-Day Moving averages of $0.80 and $1.46 respectively. Moreover, the stock is trading below the 200-Day moving average of $1.90.
