Business
Correction: MainStreetChamber Holdings (OTC: MSCH) Clarifies Kathy Ireland Relationship, Addresses Industry Coverage, and Advances Strategic Growth Initiative
Correction: MainStreetChamber Holdings (OTC: MSCH) Clarifies Kathy Ireland Relationship, Addresses Industry Coverage, and Advances Strategic Growth Initiative.
About this update from Mainstreetchamber Holdings Inc.
[{"type":"text","content":"FOR IMMEDIATE RELEASEMainStreetChamber Holdings (OTC: MSCH) Clarifies Kathy Ireland Relationship, Addresses Industry Coverage, and Advances Strategic Growth InitiativeLas Vegas, NV — March 18, 2026 — MainStreetChamber Holdings, Inc. (OTC: MSCH) today issued a formal statement clarifying its historical relationship with Kathy Ireland Worldwide (kiWW) and addressing recent industry coverage, while highlighting the Company’s continued strategic momentum. Following a period of contractual restructuring and evolving developments within the kiWW organization, MSCH has taken steps to ensure transparency, provide additional context to the public record, and position the Company for long-term growth through a focused operating model and a series of strategic acquisitions scheduled to close on April 1, 2026.Clarification of Company Structure and Historical RelationshipMSCH is a publicly traded holding company, not an investment firm.Beginning in 2023, MSCH, through its wholly owned subsidiary Advanced Licensing, entered into a series of licensing and sublicensing agreements with kiWW. As part of that relationship, MSCH pursued the development of a broader licensing platform associated with the Kathy Ireland brand, including a temporary corporate name change in 2024 from MainStreetChamber Holdings, Inc. to Kathy Ireland Licensing, Inc.Prior to any corresponding ticker symbol change, MSCH was informed that Kathy Ireland intended to separate from her business partners. In response, MSCH cooperated and discontinued use of the Kathy Ireland Licensing name and subsequently worked over an approximately 12-month period to negotiate a new agreement with Kathy Ireland, LLC, which was executed on October 8, 2025.At no time did MSCH hold any shares in, have control over, or participate in the internal financial management, capital structure, or governance of Kathy Ireland Worldwide.Clarification Regarding Licensing International ArticleMSCH appreciates the coverage by Licensing International and recognizes that the complexity of multi-year licensing and sublicensing agreements, combined with publication timing constraints, may have contributed to certain inaccuracies or lack of context.To ensure clarity, the Company provides the following corrections:Statement: MSCH was described as an “investment and licensing firm” operating under the symbol MSCCla...