• Linkdin
Coats Webinar
Green Stream Holdings Inc. (GSFI) Sells Chuck's Vintage to VGTel, Inc. (VGTL)
24
Aug '21

NEW YORK, NY, Aug. 24, 2021 (GLOBE NEWSWIRE) Green Stream Holdings Inc. (OTC PINK: GSFI) ("the Company" or “GSFI”) (https://greensolarutility.com/), announced today that its wholly owned subsidiary, Chuck's Vintage (https://chucksvintageoriginal.com), an iconic retail specialty brand in Los Angeles and New York City, has been sold to VGTel, Inc. (OTC Pink: VGTL) allowing GSFI to focus on its objectives in the Solar Utility/Solar Finance space alongside burgeoning opportunities in current projects and near-term initiatives. 

Subsequently, Chuck’s Vintage, Inc. has purchased 1,000 Preferred Series A shares of VGTel, Inc. (OTC PINK: VGTL), representing a majority of the voting class shares, placing Jim DiPrima as interim CEO as the VGTL will work to file necessary reports to effect an OTC Pink Current Information tier in conjunction with identifying officers and directors positioned to effectively manage and grow the Company.

CEO James DiPrima said: “After VGTL becomes current, we at GSFI, intend to bring shares of VGTL into GSFI so that our shareholders will get additional consideration for the transaction. The initial consideration was the assumption of certain liabilities. 

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.

About Chuck's Vintage:
Chuck's Vintage provides its clients an all access pass to historical fashion. Accessories, garments and complete ensembles from a bygone era, lest we forget its beauty. It seems only fitting that Chuck's Vintage would open its doors during a pandemic that is most closely associated with the plague that befell Los Angeles in 1924. In these times of uncertainty, and ever-changing business regulations and restrictions, Chuck's Vintage is doing its best to provide clients with a white glove experience.

Established in 2006, Chuck's Vintage is a store unlike any other; a true American original. The moment you step over the threshold at 16618 Marquez Ave, Pacific Palisades 90272, you find yourself amid abundant treasure. The selection of vintage denim has to be seen to be believed. The blue jeans in her store range from Strongholds found in the California Gold Rush mines to World War II-Era Levi's, Lees, and Wranglers, as well as 1960's ladies high-waisted and groovy deadstock Levi's bells. Come to Chuck's for the denim, but stick around and complete your look with the founder's sampling of vintage American workwear: rugged military and work boots, buttery leather bomber jackets, and soft, perfectly worn-in vintage 70's rock tees. Classic American Cool.

Chuck's Vintage was founded by GSFI former CEO Madeline Cammarata (fka Madeline Harmon), who hailed from an illustrious background in fashion. Her career began as a fashion model, where she was soon discovered by the iconic and provocative fashion photographer Helmet Newton, launching Cammarata to the runways of Europe. Returning to the US, Madeline found a powerful niche in the high fashion world of denim, where she was instrumental in providing fabric development for powerful brands like 7 For All Mankind and provided thousands of pieces to celebrity and business elites from Steve Jobs to Morrisey and everywhere in between. 

(This story has not been edited by Fibre2Fashion staff and is published from a syndicated feed.)


news category


Related Categories:


X
Advanced Search