Las Vegas, Nevada 01/13/2020 (OTCMarkets) Stereo Vision Entertainment Inc. (OTC:SVSN) announced today that it will be retaining its original name (after briefly changing it to Eco Allies Inc.) to better utilize Eco Allies (for which a U.S. Patent and Trademark Office trademark application has been filed) advancing Stereo Vision’s entry into the climate change mitigation and renewable energy industries, using hemp and its Climate Cure subsidiary’s proprietary HDF-SuperGreenTrees™. http://ecoallies.biz will represent the new company online. Eco Allies, Inc. is a wholly-owned StereoVision subsidiary whose IPO to become a New York Stock Exchange-listed Real Estate Investment Trust (REIT) would purchase farmland to grow hemp and Climate Cure’s proprietary HDF-SuperGreenTrees™. Both of these would support Climate Cure’s climate change mitigation efforts, clean energy products, and carbon sequestration operations.
“Upon reflection, it was decided that “Eco Allies” could best be used for the purpose for which it is now devoted,” stated Jack Honour, CEO of Stereo Vision. “In conjunction with the formation of Eco Allies, Inc., which is substantially different from what was planned for Amalgamated Agricultural Properties, Inc. (“AAPI”), AAPI will be dissolved,” added Honour.
Stereo Vision 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 Corporation http://climatecurecapital.com 2) producing multi-media content for climate and company awareness by its wholly-owned subsidiary, the 9-time Emmy Award-winning company, REZN8 http://rezn8.com. 3) exploiting Stereo Vision’s film assets, and 4) the wholly-owned subsidiary Eco Allies, Inc. whose IPO to become a NYSE listed REIT http://ecoallies.biz is to purchase farmland for growing hemp and Climate Cure’s proprietary HDF-SuperGreenTrees™ to support Climate Cure’s Capital’s climate change mitigation operations.
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.