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MainStreetChamber Holdings (OTC: MSCH) Clarifies Kathy Ireland Relationship, Addresses Industry Coverage, and Advances Strategic Growth Initiative
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":"MainStreetChamber 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, correct 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 long-time business partners and re-establish control of her licensing platform. In immediate response, MSCH cooperated and discontinued use of the Kathy Ireland Licensing name and then worked for over 11 months negotiating a new contract, with Kathy Ireland, LLC, which was executed on 10/08/2025.At no time did MSCH hold any shares in, have control over, or involvement in, the internal financial management, capital structure, or governance of Kathy Ireland Worldwide.With respect to equity, shares of MSCH were allocated to Kathy Ireland personally, and those shares have since been voluntarily returned in full; discussions are ongoing regarding the return of shares held by other kiWW-affiliated entities.Clarification Regarding Licensing International ArticleMSCH appreciates the coverage by Licensing International and recognizes that the complexity of multi-year licensing and sublicensing a...