$VNUE ANNOUNCES S1 REGISTRATION STATEMENT EFFECTIV
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Posted On: 07/08/2021 11:24:45 AM
$VNUE ANNOUNCES S1 REGISTRATION STATEMENT EFFECTIVE
https://www.otcmarkets.com/stock/VNUE/news?id=310773
VNUE ANNOUNCES S1 REGISTRATION STATEMENT EFFECTIVE
$8mm Funding Commitment Provides Fuel for Execution
VNUE, Inc. (OTC:VNUE) today announced that its S1 Registration Statement was deemed "effective" by the SEC, enabling the company to tap up to $8mm in funding from GHS Investments, an investment banking firm.
Zach Bair, CEO of VNUE, said, "After five years of receiving small dribs and drabs of funding, we finally have a commitment for the type of funding that we need to really swing the bat and execute our plan. We have accomplished nothing short of miracles during this time period, with tiny amounts of funding, acquiring various technologies including Soundstr, and developing it to the point where we are near 100% accuracy; striking deals with major artists such as Matchbox Twenty; and recruiting a world-class management team. Now we are poised to truly accelerate the growth of the company and build real value for shareholders.
Bair continued, For those who are nervous about an equity offering like this and potential dilution, all I can say is watch what this company can accomplish with *real* funding. It takes real money to make real money and build value, and finally after five long and hard-fought years, we have that opportunity, and we will not take that for granted.
The capital infusion will be utilized to put additional infrastructure around the company, to solidify key human capital resources, to execute potential strategic acquisitions, and to speed the implementation and rollout of the companys Soundstr technology, among other things.
https://www.otcmarkets.com/stock/VNUE/news?id=310773
VNUE ANNOUNCES S1 REGISTRATION STATEMENT EFFECTIVE
$8mm Funding Commitment Provides Fuel for Execution
VNUE, Inc. (OTC:VNUE) today announced that its S1 Registration Statement was deemed "effective" by the SEC, enabling the company to tap up to $8mm in funding from GHS Investments, an investment banking firm.
Zach Bair, CEO of VNUE, said, "After five years of receiving small dribs and drabs of funding, we finally have a commitment for the type of funding that we need to really swing the bat and execute our plan. We have accomplished nothing short of miracles during this time period, with tiny amounts of funding, acquiring various technologies including Soundstr, and developing it to the point where we are near 100% accuracy; striking deals with major artists such as Matchbox Twenty; and recruiting a world-class management team. Now we are poised to truly accelerate the growth of the company and build real value for shareholders.
Bair continued, For those who are nervous about an equity offering like this and potential dilution, all I can say is watch what this company can accomplish with *real* funding. It takes real money to make real money and build value, and finally after five long and hard-fought years, we have that opportunity, and we will not take that for granted.
The capital infusion will be utilized to put additional infrastructure around the company, to solidify key human capital resources, to execute potential strategic acquisitions, and to speed the implementation and rollout of the companys Soundstr technology, among other things.
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