Golden Triangle Ventures Inc. (OTC: GTVH) has made a significant move into the functional beverage market by acquiring the Go Fast Sports brand from Labor Smart, Inc. (OTC: LTNC). This acquisition, completed without the issuance of GTVH stock or convertible notes, was facilitated by incoming CEO Javier Leal, who contributed 720 million of his personal LTNC shares to the transaction, describing it as a gift to shareholders.
The Go Fast Sports brand, established in 1996, has cultivated a global following within extreme sports, motorsports, and athletic communities. This acquisition is set to anchor GTVH's Beverages & Health division, complementing its existing Construction & Infrastructure and Manufacturing & Distribution units. The strategic move positions GTVH to capitalize on the rapidly growing energy and functional beverage sector, aligning with the company's broader multi-industry growth strategy.
For further details on the acquisition, visit https://ibn.fm/UgGRg. Updates and news relating to GTVH can be found in the company's newsroom at https://ibn.fm/GTVH.
This acquisition underscores GTVH's commitment to diversifying its portfolio and tapping into high-growth markets. The functional beverage industry, known for its innovation and rapid expansion, offers GTVH a lucrative opportunity to enhance its market presence and shareholder value. By integrating Go Fast Sports into its operations, GTVH is poised to leverage the brand's established reputation and loyal customer base to drive future growth.
