Malibu, California, January 8, 2021 – OTC PR WIRE – Green Stream Holdings Inc. (OTC PINK: GSFI) (“the Company”) (http://www.GreenRainSolar.com), an emerging leader in the solar utility and finance space, is pleased to announce the acquisition of Chuck’s Vintage (https://chucksvintageoriginal.com), an iconic brand and retail location renown among Los Angeles celebrity elite and fashion enthusiasts alike.
Established in 2006, Chuck’s Vintage is a store unlike any other; a true American original. The moment you step over the threshold at 16618 Marquez Ave., Pacific Palisades 90272 you find yourself in the midst of abundant treasure. The selection of vintage denim has to be seen to be believed. 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 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.
CEO Eric Fain states, “Madeline’s legacy will live on as we fulfill her wish of expanding the brand and its ideology internationally and with an e-commerce tie-in, celebrity endorsements, and brand ambassadors; all the while ensuring that each store is operated by a fashion designer or high-end retail fashion buyer opening doors and global opportunities for up-and-coming fashionistas featuring original design and unique procurement of fashion/accessories from around the world.’
Initiatives also include GSFI’s proprietary rooftop solar technology to be utilized in select retail locations throughout the U.S. as the brand expands its flagship store in L.A.
Investors stay tuned for excited updates on plans for Chuck’s Vintage as well as progress on our solar utility projects as we continue to expand our portfolio throughout the U.S. from our new New York Headquarters.
IMPORTANT REMINDER FOR SHAREHOLDERS:
One share of restricted common stock for every 100 shares of common stock presently owned.
The Distribution of the special stock dividend will be made on Jan 20, 2021 (the “Distribution Date”) to all Green Stream stockholders of record on the record date of Jan 10, 2021. The Distribution will take place in the form of a pro rata common stock dividend to each Green Stream stockholder of record on the Distribution Date.
No fractional shares of common stock will be distributed. Instead, Green Stream stockholders will receive a number rounded to the next highest number. The Distribution is intended to qualify as tax-free to Green Stream stockholders for U.S. federal income tax purposes.
No vote or action is required by Green Stream’s stockholders in order to receive the Distribution, which is subject to certain customary conditions, which conditions are expected to be satisfied on or prior to the distribution date.
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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.
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.
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