StereoVision and Inspirational Vision Media Complete Stock Swap Deal
(firmenpresse) - LAS VEGAS, NV -- (Marketwired) -- 06/21/16 -- StereoVision Entertainment Inc. (SVE) a publicly traded Nevada corp. (OTC PINK: SVSN) announced today that they had completed a stock swap agreement with their J/V partner, Inspirational Vision Media Inc. (IVM) a Nevada C corp.
"In preparing IVM for the SEC auditor and SEC/FINRA approval to become a publicly traded company, this SVE-IVM stock swap puts a net tangible asset on IVM''s balance sheet with immediate effect," stated StereoVision''s CEO Jack Honour. "This is another example of SVE''s determination to as needed add value to the IVM J/V. As we each grow we all grow."
() a Nevada C corporation whose purpose is to bring together SVE with a diversified assortment of prime media properties, state of the art technological assets, and in-house project funding capabilities under the umbrella of the to be publicly traded company, Inspirational Vision Media Inc.
. () headquartered in Las Vegas, Nevada, StereoVision Entertainment is a publicly traded Nevada corporation focused on creating, acquiring, and producing multimedia content. SVE is generating a wide variety of IP''s and technologies for the many existing and emerging, content distribution platforms.
() A StereoVision subsidiary. Founded in 1987, the 9 time Emmy Award winning REZN8 is well known throughout the Industry for developing the media vision for a broad spectrum of domestic and international clients across a wide range of platforms including broadcast, film, Internet, wireless, and video games. REZN8 is an acknowledged leader in broadcast graphics, titles, and 3D animation and is a pioneer in the development of graphical user interface (GUI). REZN8''s produced content for among others NBC, ABC, CBS Sports, Fox, HBO, VH-1, UFC, and Showtime. REZN8''s been a Microsoft primary outside design source for graphical user interface, including Microsoft Home Media Center, Microsoft Windows XP, Microsoft''s Home of the Future, and Microsoft XBOX.
Safe Harbor Statement: Except for historical information, this news release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934 as amended.
Contact:
Eric Honour
818 326 6018
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Datum: 21.06.2016 - 05:30 Uhr
Sprache: Deutsch
News-ID 1442737
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