Green Stream Holdings Inc (GSFI) Announces That It Is Cancelling The VGTL Merger
Green Stream Holdings Inc. (GSFI) has decided to maintain Chuck's Vintage as a wholly-owned subsidiary, offering its shareholders a chance to acquire shares in the vintage fashion retailer. Additionally, the company will relocate Chuck's Vintage's offices and store to Las Vegas and has launched an e-commerce site for the brand. GSFI also announced the cancellation of its merger with VGTel, Inc. Furthermore, James DiPrima has resigned from the board of VGTL.
- Maintaining Chuck's Vintage as a wholly-owned subsidiary may provide potential revenue growth opportunities through an expansion and e-commerce platform.
- The move to Las Vegas could enhance business visibility and attract more customers.
- Cancellation of the merger with VGTel, Inc. may indicate challenges in strategic partnerships or expansion plans.
• Company Decided To Keep Chuck’s Vintage As A Wholly Owned Subsidiary; Plans To Roll It Out So That Shareholders Can Get Shares In Chuck’s Vintage • Company Also Announced It Is Moving Chuck’s Vintage Offices/Store To Las Vegas
NEW YORK, NY, March 28, 2022 (GLOBE NEWSWIRE) -- Green Stream Holdings Inc. (OTC PINK: GSFI) ("the Company") (https://greensolarutility.com), an emerging leader in the solar utility and finance space, announced that it is cancelling the VGTel, Inc. (OTC: VGTL) (“VGTL”) Merger.
The Company decided to keep Chuck’s Vintage as a wholly owned subsidiary and plans to roll it out so that GSFI shareholders can get shares in Chuck’s Vintage. The company also announced it is moving Chuck’s Vintage retail offices/store to Las Vegas. It now also has an e-commerce site for Chuck’s Vintage up and running. For more information go to: https://chucksvintage.com
The Company is also announced that James DiPrima has also resigned from the board of VGTL.
About Chuck's Vintage:
Chuck's Vintage provides its clients an all access pass to historical fashion. Accessories, garments and complete ensembles from a bygone era, lest we forget its beauty.
Established in 2006, Chuck's Vintage is a store unlike any other; a true American original. The blue jeans in her store range from Strongholds found in the California Gold Rush mines to World War II-Era Levi's, Lees, and Wranglers, as well as 1960's ladies high-waisted and groovy deadstock Levi's bells. Come to Chuck's for the denim, but stick around and complete your look with the founder's sampling of vintage American workwear: rugged military and work boots, buttery leather bomber jackets, and soft, perfectly worn-in vintage 70's rock tees. Classic American Cool. Chuck's Vintage was founded by GSFI former CEO Madeline Cammarata (fka Madeline Harmon), who hailed from an illustrious background in fashion. Her career began as a fashion model, where she was soon discovered by the iconic and provocative fashion photographer Helmet Newton, launching Cammarata to the runways of Europe. Returning to the US, Madeline found a powerful niche in the high fashion world of denim, where she was instrumental in providing fabric development for powerful brands like 7 For All Mankind and provided thousands of pieces to celebrity and business elites from Steve Jobs to Morrisey and everywhere in between.
About Green Stream Finance, Inc.
Green Stream Finance, Inc., a solar utility and finance company with satellite offices in Malibu, CA and New York, NY, is focused on exploiting currently unmet markets in the solar energy space, and is currently licensed in California, Nevada, Arizona, Washington, New York, New Jersey, Massachusetts, New Mexico, Colorado, Hawaii, and Canada. The Company's next-generation solar greenhouses constructed and managed by Green Rain Solar, LLC, a Nevada-based division, utilize proprietary greenhouse technology and trademarked design developed by world-renowned architect Mr. Antony Morali. The Company is currently targeting high-growth solar market segments for its advanced solar greenhouse and advanced solar battery products. The Company has a growing footprint in the significantly underserved solar market in New York City where it is targeting 50,000 to 100,000 square feet of rooftop space for the installation of its solar panels. Green Stream is looking to forge key partnership with major investment groups, brokers, and private investors in order to capitalize on a variety of unique investment opportunities in the commercial solar energy markets. The Company is dedicated to becoming a major player in this critical space. Through its innovative solar product offerings and industry partnerships, the Company is well-positioned to become a significant player in the solar space.
Forward-Looking Statements:
This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. That includes the possibility that the business outlined in this press release cannot be concluded for some reason. That could be as a result of technical, installation, permitting or other problems that were not anticipated. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Green Stream Finance, Inc. to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, Green Stream Finance, Inc. undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.
For All Inquiries Contact:
+1 (424) 280-4096
president@greenstreamfinance.com
Website: greensolarutility.com
Phone number: (646) 669-7007
SOURCE: Green Stream Holdings Inc.
FAQ
What is the purpose of keeping Chuck's Vintage as a subsidiary?
When will Chuck's Vintage move to Las Vegas?
How does the cancellation of the merger with VGTel affect GSFI?
What are the expected benefits of launching Chuck's Vintage's e-commerce site?
