Golden Triangle Ventures, Inc. (“GTV” or the “Company”) has announced the successful completion of its acquisition of Cargo Management Group, a reputable and longstanding shipping, logistics and trucking operation, from TK Zarro, LLC. This strategic acquisition marks a significant milestone in GTV’s expansion efforts, as well as enhancing its operational capabilities within its Entertainment Division, Lavish Entertainment. Additionally, the acquisition provides a full suite of in-house logistics capabilities for other Company operations.

Cargo Management Group, which reported nearly $3 million in revenue for 2023, brings with it a robust portfolio of contracts with industry leaders such as JB Hunt, CH Robinson, Coyote Logistics, and Echo Logistics. With this acquisition, GTV will assume full ownership of the logistics operation, brokerage business, licenses, and all associated assets. This move will position the Company for potentially substantial growth and cross-over synergy with Lavish Entertainment’s four-pillar business strategy. Additionally, management has an immediate goal of expanding operations into highly profitable refrigerated cargo and the specialized lanes originating near the Company headquarters in Las Vegas.

Steffan Dalsgaard, CEO of Golden Triangle Ventures, stated, “The acquisition of Cargo Management Group is a transformative step for GTV. This deal provides a scalable business model that will support both Lavish Entertainment and the development of our future flagship project, Destino Ranch. This business, its income, and our recently completed renegotiations on our outstanding note will dramatically impact our balance in a positive manner. Additionally, this helps move GTV toward its goal of becoming a highly profitable Company with minimal to zero debt and a diverse asset portfolio.”

Tom Zarro, owner of Cargo Management Group and GTV’s largest note holder, recently commented, “I am excited to see Cargo Management Group become an official part of Golden Triangle Ventures. This acquisition aligns perfectly with GTV’s strategic vision and offers a recession-proof, scalable and profitable business model. With GTV’s expertise and resources, their team has given me full confidence in their ability to expand this enterprise far beyond my current capabilities. As a major investor in GTVH, I remain fully committed to supporting all their endeavors that enhance shareholder value.”

Lavish Entertainment is dedicated to building a comprehensive four-pillar strategy encompassing logistics, staffing, equipment, and production. The integration of Cargo Management Group represents the successful delivery of the first pillar, with further strategic expansions planned to support the Company's growth trajectory.

Marco Antonio Moreno, newly appointed president and COO of Lavish Entertainment, added, “I have been boots on the ground throughout the entire transition process, ensuring a seamless integration of Cargo Management Group into GTV. The potential for this business to significantly bolster GTV’s financial performance is immense. This acquisition complements our overall plans for Lavish Entertainment and Destino Ranch, but also allows us to grow an immediate and tangible resource for GTV and our shareholders.”