(Total Views: 97)
Posted On: 08/24/2021 3:05:55 PM
Post# of 99243
$GSFI Green Stream Holdings Inc. (GSFI) Sells Chuck's Vintage to VGTel, Inc. (VGTL)
https://www.globenewswire.com/news-release/20...-VGTL.html
NEW YORK, NY, Aug. 24, 2021 (GLOBE NEWSWIRE) -- Green Stream Holdings Inc. (OTC PINK: GSFI) ("the Company" or “GSFI”) (https://greensolarutility.com/), announced today that its wholly owned subsidiary, Chuck's Vintage (https://chucksvintageoriginal.com), an iconic retail specialty brand in Los Angeles and New York City, has been sold to VGTel, Inc. (OTC Pink: VGTL) allowing GSFI to focus on its objectives in the Solar Utility/Solar Finance space alongside burgeoning opportunities in current projects and near-term initiatives.
Subsequently, Chuck’s Vintage, Inc. has purchased 1,000 Preferred Series A shares of VGTel, Inc. (OTC PINK: VGTL), representing a majority of the voting class shares, placing Jim DiPrima as interim CEO as the VGTL will work to file necessary reports to effect an OTC Pink Current Information tier in conjunction with identifying officers and directors positioned to effectively manage and grow the Company.
CEO James DiPrima said: “After VGTL becomes current, we at GSFI, intend to bring shares of VGTL into GSFI so that our shareholders will get additional consideration for the transaction. The initial consideration was the assumption of certain liabilities.
An 8-K has been filed with the SEC today by Green Stream Holdings, Inc.
https://www.otcmarkets.com/filing/conv_pdf?id...HRRMB3wvth
An 8-K has been filed with the SEC today by VGTel, Inc, on 8/13/2021:
https://www.otcmarkets.com/filing/conv_pdf?id...ee5FMC9vth
More information to follow in subsequent releases.
https://www.globenewswire.com/news-release/20...-VGTL.html
NEW YORK, NY, Aug. 24, 2021 (GLOBE NEWSWIRE) -- Green Stream Holdings Inc. (OTC PINK: GSFI) ("the Company" or “GSFI”) (https://greensolarutility.com/), announced today that its wholly owned subsidiary, Chuck's Vintage (https://chucksvintageoriginal.com), an iconic retail specialty brand in Los Angeles and New York City, has been sold to VGTel, Inc. (OTC Pink: VGTL) allowing GSFI to focus on its objectives in the Solar Utility/Solar Finance space alongside burgeoning opportunities in current projects and near-term initiatives.
Subsequently, Chuck’s Vintage, Inc. has purchased 1,000 Preferred Series A shares of VGTel, Inc. (OTC PINK: VGTL), representing a majority of the voting class shares, placing Jim DiPrima as interim CEO as the VGTL will work to file necessary reports to effect an OTC Pink Current Information tier in conjunction with identifying officers and directors positioned to effectively manage and grow the Company.
CEO James DiPrima said: “After VGTL becomes current, we at GSFI, intend to bring shares of VGTL into GSFI so that our shareholders will get additional consideration for the transaction. The initial consideration was the assumption of certain liabilities.
An 8-K has been filed with the SEC today by Green Stream Holdings, Inc.
https://www.otcmarkets.com/filing/conv_pdf?id...HRRMB3wvth
An 8-K has been filed with the SEC today by VGTel, Inc, on 8/13/2021:
https://www.otcmarkets.com/filing/conv_pdf?id...ee5FMC9vth
More information to follow in subsequent releases.
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