StereoVision Acquires 49% Interest in UPTICK Newswire LLC – UPTICK’s CEO Everett Jolly is Named StereoVision’s CEO/President with Immediate Effect
LAS VEGAS, NV / ACCESSWIRE / May 27, 2015 / StereoVision Entertainment Inc., a publicly traded Nevada corporation (PINKSHEETS: SVSN), announced today it has acquired, in a stock for stock swap, 49% of UPTICK Newswire LLC. UPTICK Newswire is one of the Internet’s fastest growing public capital markets news portals. UPTICK Newswire’s CEO Everett Jolly has been named StereoVision’s CEO/President and Board of Directors member with immediate effect, replacing StereoVision’s former CEO/President Blain Burke and his company I-Vault, who along with Chief Investment Officer and Treasurer Leon Andrews has resigned. StereoVision’s CFO Herky Williams has been named Treasurer, and Vice Chairman Eric Honour has been named Chief Information Officer and Secretary with immediate effect.
“We’re very excited to be joining forces with UPTICK Newswire,” stated StereoVision’s Chief Information Officer Eric Honour. “As a seasoned and profitable revenue generating company with its
public capital markets veteran CEO, Everett Jolly, it will add to StereoVision’s bottom line and as a disseminator
of capital markets news with a built in and rapidly expanding
following, we will have an in-house resource to initiate our project financing’s through. Such as the taking public as a BDC of StereoVision’s
wholly owned subsidiary REZN8, and the financing of our slate of films
using the new Reg A and Reg D 506 rules as amended in the recently
enacted JOBS Act.”
“We believe we’ve made an excellent marriage of companies with core businesses that perfectly complement each other,” added StereoVision’s
Chief Executive Officer Everett Jolly. “With our companies already up
to speed with their products and services, we’re hitting the ground
running. We expect to continue our exponential growth in capturing an
increasing market share in the dissemination of public capital markets
news with UPTICK Newswire, the independent production of media content with StereoVision and our production LLC’s, and the production, branding, and business development capabilities of our wholly owned subsidiary, REZN8.”
StereoVision Entertainment Inc. (http://stereovision.com) Headquartered in Las Vegas, Nevada, StereoVision Entertainment is a Nevada publicly traded company focused on the delivery of high-quality, low-cost 3D content. StereoVision’s
business is driven by the creation, acquisition, and production of
cutting edge multimedia assets. Responding to the growing demand for 3D
content, StereoVision is developing a
wide variety of 3D intellectual properties and technologies for the
continuously emerging multimedia content distribution platforms.
UPTICK Newswire, LLC (http://upticknewswire.com/) an Arizona Limited Liability Company was founded in 2012 when UPTICK Newswire’s
Founder and CEO Everett Jolly recognized a need regarding publicly
traded company news releases actively reaching interested readers, and
that while their news was going out on the wire, the public companies
were missing out on sustained attention about their successes and
products. UPTICK Newswire was
created to bridge the gap between publicly traded companies and
financial markets information consumers hungry for their news such as,
boutique brokerage houses, editors, journalists, bloggers, and investors. Through UPTICK Newswire’s
21st Century Newsroom they currently provide up to the minute public
capital markets news with international syndication in Canada, Europe,
Asia, and Australia, and 200+ unique news sources such as Yahoo Finance,
NASDAQ, Reuters, Bloomberg, the New
York Times, and the Wall Street Journal. With their 2,000+ boutique
brokerage houses in the U.S. and Canada, 6,000+ opt in media contacts,
20,000+ opt in high net worth investors, and 24,000+ NADT opt in day traders and investors, UPTICK Newswire is one of the fastest growing international voices in the public capital markets news sector.
REZN8 (http://rezn8.com/) A StereoVision
wholly owned subsidiary. Founded in 1987, the Hollywood based 9 time
Emmy Award winning REZN8 is well known throughout the Industry for
developing the media vision for a broad spectrum of domestic and
international clients across a wide range of platforms including
broadcast, film, Internet, wireless, and video games. REZN8 is an
acknowledged leader in 3D broadcast graphics and animation and is a
pioneer in the design and development of graphical user interfaces.
(GUI) REZN8 has produced content for NBC, ABC, CBS Sports, Entertainment
Tonight, Fox, HBO, VH-1, Syfy Channel, the UFC, Showtime,
and numerous others. For many years, REZN8’s been a primary outside
design source for Microsoft’s graphical user interface, (GUI) including
Microsoft Home Media Center, Microsoft Windows XP, Microsoft’s Home of
the Future, and Microsoft XBOX.
Safe Harbor Statement: Except for historical information, this news
release may contain “forward-looking statements” within the meaning of
Section 27A of the Securities Act of 1933, and Section 21E of the
Securities Exchange Act of 1934 as amended.
Contact:
Herky Williams
818-326-6018
info@stereovision.com
SOURCE: StereoVision Entertainment Inc.
ReleaseID: 429259