ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

SSET Starstream Entertainment Inc (PK)

0.005
0.00 (0.00%)
18 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Starstream Entertainment Inc (PK) USOTC:SSET OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.005 0.004 0.0057 0.005 0.004 0.0045 40,000 19:06:38

StarStream Entertainment Announces 1-for-3 Reverse Stock Split

02/05/2014 9:15pm

GlobeNewswire Inc.


Starstream Entertainment (PK) (USOTC:SSET)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more Starstream Entertainment (PK) Charts.

StarStream Entertainment, Inc. (OTCQB:SSET) ("StarStream" or the "Company"), announces a reverse split of its outstanding common stock at a ratio of 1-for-3. The reverse stock split will be effective with FINRA (the Financial Industry Regulatory Authority) and in the marketplace at the open of business May 7, 2014, whereupon the stock will begin trading on a split-adjusted basis. The Company's trading symbol on May 7, 2014 will temporarily change to "SSETD" and continue for a period of 20 business days from that date, after such time, the symbol will revert to the original symbol of "SSET".

As a result of the reverse stock split, the Company's issued and outstanding shares of common stock will decrease to approximately 17.9 million post-split shares from approximately 53.7 million pre-split shares.

As a result of the reverse stock split, each three shares of common stock held by each stockholder will be converted automatically into one share of common stock, with fractional shares rounded up to the next whole share. No fractional shares will be issued, and no cash or other consideration will be paid.

Stockholders who are holding their shares in electronic form at their brokerage firms do not have to take any action as the effects of the reverse stock split will automatically be reflected in their brokerage accounts. No further action is required for stockholders holding paper certificates. Certificates representing pre-split holdings will be deemed to represent the stockholder's post-split holdings until such time as the stockholder presents the certificate to the Company's transfer agent, whose contact information appears below. 

Island Stock Transfer 15500 Roosevelt Boulevard Suite 301 Clearwater, FL 33760 727-289-0010

About StarStream Entertainment:

StarStream Entertainment is a theatrical motion picture production and financing company focused on producing and financing edgy, high quality motion pictures with strong cast and lean budgets for a commercial audience. http://www.starstreamentertainment.com/

Certain statements contained herein may be forward-looking and involve risks and uncertainties. Such forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of those forward looking statements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such potential risks and uncertainties include, without limitation, the substantial investment required to produce and market films, increased cost to produce and market motion pictures, our ability to raise capital, unpredictability of the commercial success of our motion pictures, the effects of disposition of businesses or assets, technological changes and other trends affecting the entertainment industry, and the risk factors as set forth in StarStream's Annual Report on Form 10-K filed with the Securities and Exchange Commission on April 11, 2014.

CONTACT: Investor Relations
         RedChip Companies, Inc.
         Mike Bowdoin, Vice President
         800-733-2447, ext. 110
         mike@redchip.com

1 Year Starstream Entertainment (PK) Chart

1 Year Starstream Entertainment (PK) Chart

1 Month Starstream Entertainment (PK) Chart

1 Month Starstream Entertainment (PK) Chart

Your Recent History

Delayed Upgrade Clock