Business
Golden Triangle Ventures, Inc. Announces Plan to Spin Off Global Health Services and Dividend its Shareholders
Golden Triangle Ventures, Inc. Announces Plan to Spin Off Global Health Services and Dividend its Shareholders.
About this update from Golden Triangle Ventures Inc.
[{"type":"text","content":"LAS VEGAS, NV / ACCESSWIRE / November 23, 2020 / Golden Triangle Ventures, Inc. (OTC PINK:GTVH), a strategic consulting company doing business in the Health, Entertainment, and Technology sectors, is pleased to announce that the Board of Directors has elected to explore the opportunity to spin off Global Health Services and dividend all of its shareholders.Global Health Services is a wholly owned subsidiary of Golden Triangle Ventures under its Health Division. The Board of Directors have elected to explore the opportunity to Spin off its Health division through a Form 10 Filing which is anticipated to be filed in February. The company currently does business in the Medical PPE space and the CBD space, and management is in the process of building an extensive online portal which will support all of the multiple verticals under the company and provide a one stop shop for all of the company products and services. In addition, management is working on acquiring an array of profitable assets and projects with many impressive additions to its senior team involved.More information on Global Health Services can be found on the company corporate website here: www.GTVhealth.com.The company election to explore this spin off of Global Health Services into its own trading entity supports Golden Triangle Ventures core business model to help its business achieve their overall goals. Golden Triangle Ventures believes that the company deserves to be trading under its own entity as expectations of this division transpire in the months ahead. All shareholders in Golden Triangle Ventures will get a 1:1 share dividend in Global Health Services once the company Form 10 Filing becomes effective. Once Global Health Services officially spins off Golden Triangle Ventures, management intends to make another exciting acquisition to fill the third corner of its triangular business model. The company management team has been working towards this goal for several months and everything is being prepared to accomplish all the above goals.Steffan Dalsgaard, CEO of Golden Triangle Ventures, states, "Our vision from day one has been to acquire companies that we truly believe in, give them all the resources necessary to become the companies we envision them becoming, then spin them off into their own entities once they are ready to get to the next level on th...