Stereo Vision Entertainment, Inc. (OTC PINK:SVSN) today reported its annual results on OTC Markets. Included is earnings from services provided in the formation of Eco Allies Inc. In preparation for the audit of its financials as part of the plan to uplist to the OTCQB, action was taken by the Company with regard to aged debt, aged intangible assets, and the addition of the value of shares owned of Eco Allies Inc. Certain project deposits were booked as income and post-development stage retained earnings went into positive territory.
StereoVision Entertainment Inc. http://stereovision.com is a Nevada publicly-traded 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 Corporation http://climatecurecapital.com/ and its for-profit majority-owned ESG Benefit corporation Eco Allies Inc http://ecoallies.biz, (2) creating and producing NFT’s and family-friendly and multi-media content with its wholly-owned 9-time Emmy-Award-winning 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 statements are qualified by other factors. The Company undertakes no obligation to publicly update any statements in this release.