Green Stream Holdings Files 8K Debunking False 13G Filing Made by Rogue Group
Pacific Palisades, California--(Newsfile Corp. - June 30, 2020) - Green Stream Holdings Inc. (OTC Pink: GSFI) ("Green Stream", "GSFI", or the "Company"), an emerging leader in the democratization of solar energy through innovative solar energy generation facilities and designs, has been forced to issue an 8K to straighten out and correct a false filing made by a group of questionable individuals attempting to unlawfully obtain stock from the Company.
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This highly dubious group of individuals concocted a plan to attempt to take ownership of a large block of common stock by claiming they had ownership of a Preferred class of stock. This group jointly filed a 13G on 6/21/2020 and even utilized the Edgar system to make an attempt to legitimize this unlawful false filing. The Company has obtained the services of an SEC law firm and is preparing legal actions to stem any further illegal actions by any and all of the individuals in this group.
Company CEO, Madeline Cammarata, stated, "We were shocked and somewhat in disbelief of the insanity of the filing when it was brought to our attention, but it is with great pleasure I assure all shareholders there is no such grant or right that allows this group or of the any individuals in the group to obtain a large block of our Company stock." Madeline further stated, "We will fight and bury this illegal action and report any misconduct to the correct Regulatory body and put this behind us, as we are busy building a Solar Company our shareholders can be proud to be part of."
As set forth in the Company's filings on Form 10 and Form 1-A, the Joint Filers also claim that they are holders or beneficiaries of certain convertible promissory notes (the "Purported Notes"). The Company believes that the Purported Notes are invalid or fictitious. The filing of the false Schedule 13G is part of pattern of acts by the Joint Filers to force the Company to accept the validity of the Purported Notes.
About Green Stream Finance, Inc.:
Green Stream Finance, Inc., a Wyoming-based corporation 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 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.
Green Stream Finance Inc. & Green Rain Solar, LLC
16620 Marquez Avenue
Pacific Palisades, CA 90272
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