Green Stream Holdings Inc (GSFI)
Shareholder Alert: Board Approved Special Dividend Deadline
Approaching
Clarifies That the Company Will Be
Issuing Additional Restricted Shares
To Holders Of Common Stock As Of December 10,
2021
NEW YORK, NY -- October 25, 2021 --
InvestorsHub NewsWire -- Green Stream Holdings Inc. (OTC
PINK: GSFI) ("the Company") (https://greensolarutility.com),
an emerging leader in the solar utility and finance space,
recently announced that its Board of
Directors has approved a special stock dividend (the
"Distribution") to Green Stream Holdings Inc. stockholders of one
share of restricted common stock for every 100 shares of common
stock presently owned.
The Company has issued this
release as a courtesy to remind that, in order to receive the share
issuance, the shareholder must be a shareholder of record as of
December 10, 2021.
CEO James DiPrima states, "This
transaction is an issuance of additional shares from the
company to each shareholder who holds a minimum of 100 shares on the
Record Date. Those shareholders will receive: "… one (1)
share of the Company's common stock, par value $0.001 par value
(the "Common Stock"), for each one hundred (100) shares of Common
Stock held on December 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 action is
required by the applicable shareholders.
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.
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:
president@greenstreamfinance.com
SOURCE: Green
Stream Holdings Inc.
Website: greensolarutility.com