Business
StereoVision Announces a Special Dividend of 500,000 Shares of Common Stock From Their Majority Owned Subsidiary Eco Allies Inc.
StereoVision Announces a Special Dividend of 500,000 Shares of Common Stock From Their Majority Owned Subsidiary Eco Allies Inc..
About this update from Stereo Vision Entertainment, Inc.
[{"type":"text","content":"StereoVision announced today that it will distribute to SVSN shareholders 500,000 shares of the 2,500,000 Eco Allies® shares StereoVision received for the formation and development of Eco Allies Inc. “Management appreciates the continued support of the StereoVision shareholders as we work our way through the growing pains of diversifying into the parallel purposes of climate change mitigation and creating family-friendly content,” said StereoVision’s CEO, Jack Honour. “Special Dividend recipients will be able to participate as direct stakeholders in every success Eco Allies can achieve as it endeavors to make a positive Environmental and Social impact on our community with Governance provided by Eco Allies’ elite team of industry leaders. Eco Allies shares are available directly to the public through its $20mil Reg A+ exempt public offering filed with the SEC. The date of record for the SVSN shareholders to qualify for their percentage of the Eco Allies® 500,000 share dividend is April 22, 2022.StereoVision Entertainment Inc. http://stereovision.com is a publicly-traded Nevada company (OTC:SVSN) utilizing its award-winning team of industry professionals in the areas of (1) climate change mitigation through its wholly-owned subsidiary Climate Cure Capital™ http://climatecurecapital.com/ and its for-profit majority-owned Nevada ESG Benefit corporation Eco Allies® http://ecoallies.biz, (2) creating, producing and distributing family-friendly multi-media content with its wholly-owned 9-time Emmy-Award-winning production company REZN8. http://rezn8.com.Safe Harbor Statement: Except for historical information certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and those statements are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance such statements will prove accurate and actual results and future events could differ materially from those anticipated in such statements. The Company cautions these forward-looking s...