Replies to post #41997 on Sycamore Entertainment Group Inc (SEGI)
09/09/15 12:05 PM
We are very pleased to announce that the auditors have all the necessary documentation to complete the comprehensive audit and all open items have been addressed. We expect by year end that we will commence the upload of the financials to SEDAR, along with all disclosures and footnotes beginning with the fiscal year 2011. We expect to complete the upload of all required years before to the end of January 2015.
Thanks to new partnerships, “Battle of the Strands’” grand finale will be live streamed to 400 plus movie theaters nationwide, courtesy of Fathom Events' Digital Broadcast Network. Tickets will soon be available for purchase at www.FathomEvents.com. Additionally, this year’s event will be filmed as the centerpiece for a four-part television series on the Discovery Fit and Health Network. The no-holds-barred “Global Beauty Masters” will offer viewers a sneak peek into what really goes on behind the salon cape and throughout the competition. It is set to air weekly on Tuesdays at 5pm EST beginning Dec. 2 (check local listings). Finance partner Sycamore Entertainment is behind “Battle” and its upcoming Discovery series. According to Sycamore CEO Ed Sylvan, “Battle of The Strands” is an event we believe can explode into a worldwide brand, which is why we are happy to be financing the show
About Battle of the Strands
The Battle of the Strands was the first extreme hair, makeup, nails, and wardrobe salon competition and has seen explosive growth over the past three years. The 2014 competition marks the fourth year anniversary of the live competition and the first year of broadcasted television. The competition is an intensive multi-month battle, across multiple states; teams are judged on hair, make-up, nails and fashion. The winning teams will come face-to-face for a final elimination challenge to pick the top salon in the US and competing countries. The final round of Battle of the Strands competition is in Las Vegas, on October 06, 2014.
"With our steady growth as a global platform for incredible artistry in beauty & fashion, having a partner like GROH, whose technology has been tested to achieve beauty from within, reinforces our dedication to total beauty. It's like a total makeover that has to start with our body," stated Mina Lu, Chairman of the Executive Committee, Battle of the Strands. "GROH highlights lifestyle & wellness as an integral part of beauty & fashion that every professional has been echoing to their clients."
We have engaged the accounting firm of M&K CPAS, PLLC of Houston, TX to perform an audit of the company's financial statements. The accountant that handles our interim statement has been engaged in assisting with the audit. The interim statement will be competed in 5 business days.
Financing for the asset purchase is being arranged by our domestic and international banking partners. As part of the transaction Sycamore is completing its financial statements as well as getting current on all corporate affairs. The terms and final details of the transaction will be disclosed in a press release.
What are we looking forward to? -->
09/09/15 12:38 PM
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