Business
Eco Allies Acquires Climate Cure Capital in Cash & Stock Transaction
Eco Allies Acquires Climate Cure Capital in Cash & Stock Transaction.
About this update from Stereo Vision Entertainment, Inc.
[{"type":"text","content":"Eco Allies®, a Nevada-based publicly reporting benefit company and a StereoVision subsidiary, announced today that they’d acquired StereoVision’s wholly owned subsidiary Climate Cure Capital Corporation in a cash and stock transaction.“This acquisition completes the consolidation of The Vision Group’s ecological restoration and preservation operations under the Eco Allies banner,” stated Eco Allies CEO Jack Honour. “StereoVision and Rezn8 will focus on monetizing our media assets while Eco Allies and Climate Cure expand our environmental products and services capabilities.”Among others, Climate Cure brings its Flagship Project. The SuperGreenTree® (SGT) plantation at Rancho San Miguel in Chihuahua, Mexico for which Eco Allies has received its USDA import permit. The Rancho San Miguel SGT plantation has begun growing a 500-acre renewable and sustainable 75,000 SGT forest under a 99-year lease. Climate Cure has optioned an additional 4,500 acres at Rancho San Miguel which can produce up to 1,000,000 SGTs. SGTs are Paulownia Elongatas. https://www.accesswire.com/764043/eco-allies-climate-cure-planting-supergreentrees-at-rancho-san-miguel-de-la-soledad-in-chihuahua-mexico. SGT’s have an 8-year growth cycle and grow to about 60 feet. During this period the SGT’s generate considerable revenues with the biomass and livestock feed from the pruned limbs. At 8 years they are harvested. Over their productive life, SGTs will fully regrow five to six more times from the same stump and root structure. According to publicly available information the highly prized bottom 12’ beam from an SGT can sell for as much as $3,000 with the top 48 feet adding additional value. SGT One Pager https://stereovision.com/pdf/SGT-one-pager.pdf The Vision Group of Companies: StereoVision http://stereovision.com is a publicly-traded Nevada company (OTC:SVSN) utilizing its award-winning team of industry professionals in the areas of (1) ecological restoration and preservation through its for-profit SEC reporting Nevada Benefit Corporation, Eco Allies®. http://ecoallies.biz and Eco Allies wholly-owned subsidiary Climate Cure Capital®. http://climatecurecapital.com (2) creating, producing, and distributing multi-media content with its wholly owned 9-time Emmy-Award-winning production company, Rezn8, https://rezn8.com/ and its impact documentary production...