Green Stream Holdings Inc (GSFI)

[GSFI-INFO]

Green Stream Holdings Inc. (GSFI) Files An Offering Statement On Form 1-A With The Securities And Exchange Commission (“SEC”) To Launch A Regulation A Public Offering

https://finance.yahoo.com/news/green-stream-holdings-inc-gsfi-134105991.html

PACIFIC PALISADES, Calif., Sept. 30, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – Green Stream Holdings Inc. (GSFI) a holding company of Green Stream Finance, Inc., a company that focuses on currently unmet markets in the solar energy space through its innovative proprietary solar product offerings, financed for customers via its public and private partnerships, today announced that it has filed an Offering Statement on Form 1-A with the Securities and Exchange Commission (“SEC”) to launch a Regulation A, Tier 1 public offering to offer up to $10,000,000 of common stock (the “ Stock”) at a price of $0.75 per share.

The Company is offering up to 13,333,333 shares of its common stock, $.001 par value, for $0.75 per share, for gross proceeds of up to $10,000,000.00, before deduction of offering expenses, assuming all shares are sold. The minimum investment established for each investor is $10,000.00, unless such minimum is waived by the Company in its sole discretion, which may be done on a case-by-case basis. The filing can be found at: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&filenum=024-11086&owner=exclude&count=40

According to the SEC (https://www.sec.gov/smallbusiness/exemptofferings/rega) Regulation A is an exemption from registration for public offerings. Regulation A has two offering tiers: Tier 1, for offerings of up to $20 million in a 12-month period; and Tier 2, for offerings of up to $50 million in a 12-month period. The Company will be utilizing a Tier 1 offering.

President of Green Stream, Ms. Madeline Cammarata, commented: “This filing is a major first step in becoming current in its filings and financials and for preparing the company to finance its expansion plans which we hope will generate value for the shareholders.”

Legal Disclaimer

No money or consideration is being solicited by the information in this press release or any other communication and, if sent, money will not be accepted and will be promptly returned. No offer by a potential investor to buy our securities can be accepted and, if made, any such offer can be withdrawn before qualification of this offering by the SEC. A potential investor’s indication of interest does not create a commitment to purchase the securities we are offering. Any such indication of interest may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance is given and all other requirements to accept an investment from a potential investor are met after the offering qualification date.

The offering, after qualification by the SEC, will be made only by means of the Offering Circular. Any information in this press release or any other communication shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification for sale as provided in Regulation A in any such state or jurisdiction.

The Stock may not be sold, nor may offers to buy be accepted, before the Form 1-A offering statement is qualified and approved by the SEC. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy nor may there be any sales of these securities in any state in which such offer, solicitation or sale would be unlawful before registration or qualification under the laws of any such state.

The preliminary offering circular can be found at: https://www.sec.gov/Archives/edgar/data/1437476/000121390019019204/f1a2019_greenstreamholdings.htm