Golden Triangle Ventures Inc. (OTC:GTVH) Stock On Watchlist On Expansion News

The news about significant acquisitions can often bring a company into sharp focus among investors, and this morning Golden Triangle Ventures Inc. (OTC:GTVH) could be on the radars of plenty of investors. On Thursday, the company entered the news cycle after it announced that Lavish Entertainment, its fully owned subsidiary unit, had completed the acquisition of ABI Create.

ABI Create is a major production and event management firm that was established by Marco Antonio Moreno in 2015. Since its establishment, ABI Create has been successful in delivering high-quality productions for a number of large-scale installations at a number of music festivals, conventions, and sports events spread across the United States. Many of the notable projects that ABI Create has been involved with include New York Comic Con, NFL Super Bowl, San Diego Comic Con, Bonnaroo Music Festival, EDC, Camp EDC, Burning Man, Arnold Palmer Invitational, and many more.

Following the transaction, ABI Create would be turned into a fully owned subsidiary of Lavish Entertainment, leading to the strengthening of its position in the entertainment industry. ABI’s exceptional and long-term reputation, coupled with its track record of success at delivering top-level projects, would considerably strengthen Lavish Entertainment.

ABI is based out of Las Vegas, Nevada, and the slew of services that it offers include production, event organization, management, construction, custom design, permitting, site planning, and contracting. It was also revealed in yesterday’s new release that the Chief Executive Officer of Golden Triangle Ventures, Steffan Dalsgaard, had managed to forge strong relations with ABI Create’s counterpart, Marco Moreno. As the relationship between the two progressed, Dalsgaard chose Moreno to be the person leading Lavish Entertainment. The acquisition would also help Golden Triangle Ventures to begin the process of showcasing all the different synergistic divisions that it controls.

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