Golden Triangle Ventures reshapes future by selling subsidiaries to focus on GoFast Sports
Golden Triangle Ventures (GTVH) has revealed a detailed growth strategy. The company aims to build high-growth businesses that generate sustainable returns for shareholders. A key part of this plan involves discussing the potential sale of its operational subsidiaries, GoldenEra Development and Deep South Electrical Contractors, while retaining GoFast Sports as its core brand.
GTVH's mission is to focus on growth and operational execution. The proposed asset sale aims to provide value to shareholders and enable the company to concentrate on its core competencies. GoFast Sports, a key strategic brand, will remain under GTVH's umbrella. The company is working with advisors to advance this sale and address legacy issues that have been hindering its growth. These issues include legal, vendor, and corporate structure problems. GTVH is a diversified holding company focused on consumer and manufacturing brands, with GoFast Sports being its flagship.
Golden Triangle Ventures is exploring the potential sale of its operating divisions, GoldenEra Development and Deep South Electrical Contractors. No definitive agreements have been signed, and any corporate action will follow board approval and regulatory compliance. Additionally, GTVH is developing a FINRA-compliant shareholder alignment and compensation plan to ensure fairness and transparency in its growth strategy.
