Shares of Golden Triangle Ventures (OTCMKTS:GTVH) closed lower in the previous session.
Market Reaction
On Friday, GTVH stock moved down 16% to $0.0232 with 1.16 million shares, compared to its average volume of 730K shares. The stock moved within a range of $0.0200 – 0.0280 after opening trade at $0.0280.
Golden Triangle Ventures Inc. Provides Update on Financial Disclosures and Previously Announced Dividend
Multifaceted consulting company involved in pursuing ventures in entertainment, health, technology and food & beverage industries, Golden Triangle Ventures (OTCMKTS:GTVH) on February 11, 2022 announced update on its financial disclosures.
Golden Triangle Ventures confirmed that it has finished 11 draft financial disclosure statements. It is about to complete the earlier announced restatement of each financial statement published under GTVH post merger with Texas Oil & Minerals.
The firm had disclosed detecting some discrepancies in quarter two of 2021 financial statements. The same have been corrected and reviewed by F.A.R. Out Numbered, LLC accounting services.
The firm is keen on working with Felicia A. Ross, appointed as new corporate accountant, enrolled agent as well as licensed tax consultant of Golden Triangle Ventures.
Rossi has been closely working with management for assisting the firm in preparation of financials for the audit. The company is completing final review of the data, material events, shareholder issuance as well as other information in the financial statement.
Steffan Dalsgaard, CEO of Golden Triangle Ventures said that words arent enough to express gratitude to have help and assistance of Felici in last few months. Steffan added that the company is confident on its ability to become audited and is keen on getting through with the goal.
Key Quote
Steffan Dalsgaard, CEO of Golden Triangle Ventures, states, “Words cannot express how grateful we are to have the help and assistance of Felicia and all she has provided us over the past few months. The amount of work that we have done to get to where we are today is beyond anything I could ever fully explain. I am extremely confident in our ability to become audited, and I am very excited to get through this goal and begin sharing so many exciting developments within all companies under our umbrella.”
Traders Review
GTVH stock is trading below the 20-Day and 50-Day Moving averages of $0.0266 and $0.0287 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.1030.
