After the company made a key announcement yesterday, the Golden Triangle Ventures Inc (OTCMKTS:GTVH) stock suffered from a strong selloff and ended the day with a decline of as much as 10%. In this situation, it might be a good move for investors to take a closer look at the announcement from the company.
Yesterday, the company was in the news cycle after it announced that finalised a consulting and partnership contract with the company Lenatos Holdings Inc. As per the terms of the agreement, Golden Triangle Ventures is going to help Lenatos in becoming a publicly traded company.
However, that is not all. In addition to that, Golden Triangle will also be responsible for providing Lenatos with advisory services with regards to a wide range of strategic projects that the latter may be involved in.
In this regard, it is perhaps also necessary for investors to keep in mind that Sonder Fulfillment LLC, a fully owned subsidiary company of Golden Triangle, is responsible for the operations and management of Lenatos Holdings. Despite the fall in the stock price on Wednesday, investors are likely to be interested in the price action in the Golden Triangle stock today.
