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Golden Triangle Ventures, Inc. Announces 2 New Executed Contracts Secured for Deployment of the Electryone Drive Green Energy Technology
Golden Triangle Ventures, Inc. Announces 2 New Executed Contracts Secured for Deployment of the Electryone Drive Green Energy Technology.
About this update from Golden Triangle Ventures Inc.
[{"type":"text","content":"\n LAS VEGAS, June 17, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Golden Triangle Ventures, Inc. (OTC PINK: GTVH) (“GTV” or the “Company”) is pleased to announce preliminary details regarding newly executed contracts for the installment of the Electryone Drive green energy system. Over the past several months, Golden Triangle Ventures has been working to deliver clients that will benefit from the Electryone Drive technology and is happy to share the initial disclosure of executed contracts with two separate entities located in the state of California and Arkansas.   The Company’s new customers include a large-scale lumber and sawmill company with a 300-kilowatt-hour system and a vertically integrated agriculture company with three separate 3-megawatt (MW) units (nine MW total). The direct effect of the on-site microgrid will significantly impact the economic outlook of these businesses by substantially lowering their carbon footprint and reducing monthly electric bills, which in turn will increase their monthly capital. Because of this each company is fully committed to maintain a contract with Electryone as their power management provider. Electryone Advisors has authorized Golden Triangle Ventures to market the Electryone Drive technology and build its own sales team to expand the Company’s outreach efforts and drive a strong compensation that follows each microgrid installation completed by the clients that GTV or its representatives deliver. The compensation will equate to $28,125 per MW as an install bonus, delivered two weeks after installation, along with a monthly residual income of $575 per MW for 24 months after installation. If a representative of GTV delivers an organization that deploys the technology, GTV and the representative will make the same compensation. This structure was creatively developed to offer a strong incentive for any representative that can assist the Company in deploying the technology, while also giving each representative the ability to compensate any referring persons who may be assisting their efforts.  The Company is actively building a strong sales team to offer the technology and it looks forward to sharing further details on its current and future contracts that will not only provide a significant install bonus, but will also generate r...