Golden Triangle Ventures, Inc. has executed a formal Letter of Intent (the “LOI”) with Robert DuBose to purchase the remaining 49% of HyFrontier Technologies, Inc., giving Golden Triangle Ventures 100% ownership of the Technology Company upon final execution of a formal purchase agreement.
Steffan Dalsgaard, CEO of Golden Triangle Ventures, commented, “We are incredibly excited for the future of our business as we get close to formalizing a full acquisition of HyFrontier Technologies. I believe that this achievement will show the world that both entities are committed to each other which we believe is paramount to the future of this business. Bo is one of the most genuine and brilliant individuals I have ever had the pleasure to work with, and I consider him a true friend and partner of mine. We have been working towards this goal for quite some time now and I believe that accomplishing this transaction will greatly benefit all of our shareholders who have supported us. Bo and I have so much invested into this amazing technology and we are very excited to form a true marriage between Golden Triangle Ventures and HyFrontier Technologies in the near future.”
Robert DuBose, CEO of HyFrontier Technologies, stated, “I have known Steffan for several years now and anyone who truly knows him, respects his business acumen and commitment to fulfill promises made. I knew people who knew him even before I did and they made similar comments, at the time. Steffan and I agreed to a 3-step approach so we could both feel each other out over the past few years. I can truly say it has been amazing to witness how he fights, not only for Golden Triangle Ventures, but for HyFrontier Technologies, as well. I have always known him to do the right thing for everyone involved, without any exceptions and we both know how important this is to our shareholders.”
He added, “Having more than 40 years starting and building successful businesses, I knew I needed a ‘special’ partner to get the HyGrO technology to market. I can truly say, Steffan has been a blessing from God to our Company and myself. I will be joining Golden Triangle Ventures as an equal partner to Steffan once the agreement is done, so we can provide a launch platform for our collective success to benefit customers and all of our stakeholders.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.