Golden Triangle Ventures Inc. (OTC:GTVH) Stock Surges 25%: What’s the Buzz?
Following the major new announcement from the company yesterday, it is likely that Golden Triangle Ventures Inc. (OTC:GTVH) will garner considerable attention among investors this morning. The company announced yesterday the launch of the four-pillar business model for the fully owned subsidiary unit of GTV, Lavish Entertainment.
In the news release, the company noted that the strategic network that had been put in place would be a major component in helping Lavish Entertainment fulfill its aim of creating a leading entertainment business. The main foundational elements of the new model for Lavish Entertainment would be staffing, production, logistics, and equipment. Golden Triangle Ventures noted that the four pillars had been identified following thorough deliberations and organized in such a way as to complement each other, which would lead to smooth operations across the organization. However, Lavish Entertainment would also like to expand the bandwidth and service offerings of the operation; hence, the company aims to both develop and acquire operations related to the four key foundational elements.
It was announced that the business model in question would be applied directly to the Destino Ranch, currently the flagship project of Lavish Entertainment. It is one of the biggest undertakings from Lavish Entertainment and would be managed by ABI Create, one of the latest acquisitions that the company made not too long ago. ABI Create operates in the form of a premium production and event management firm.
In its specific role, ABI Create would be responsible for maximizing the synergy of the four pillars of the business so as to boost the development of Destino Ranch. The project would also be a demonstration of the effectiveness of the newly established business model at Lavish Entertainment. It remains to be seen how the new business model unfolds.
