StreamNet.TV is Qualified by the SEC - Initial public offering (IPO) process shall commence upon completion of REG A+ $ 10 Million funding
LAS VEGAS, NV - Jan 30, 2017) – StreamNet.TV shall immediately file the necessary paperwork with Finra and the SEC to become a publicly traded reporting company.
StreamNet.TV feels it is capable of being a game changer to companies like Netflix, Hulu, Apple TV, YouTube, & Amazon Prime. Many StreamNet.TV channels will be available to consumers in Virtual Reality & 3D Commercial Free.
Live HD concerts by Harold Melvin’s Blue Notes, Temptations Review featuring Dennis Edwards, The Four Tops, The Whispers, Ray, Goodman, & Brown, and many more. Exciting movies will be available on a 30-day subscription with unlimited views. Consumers will be at the front line to view many exclusive titles.
StreamNet.TV content can be seen on over 400 mobile devices. StreamNet.TV is a boutique Pay Per View Video on Demand Streaming Platform. StreamNet.TV will add an array of channels.
StreamNet.TV is scheduled to premier in the first quarter of 2017. The platform will be available in various countries worldwide.
On November 23, 2016, the SEC declared StreamNet Inc. offering under Regulation A+ had been qualified for sale to investors.
What is Regulation A+
Reg A+ of Title IV of the JOBS Act is a type of offering which allows private companies to raise up to $50 Million from the public. Like an IPO, Reg A+ allows companies to offer shares to the public and not just accredited investors.
What is Tier 1
Under Tier 1, a company can raise up to $20 million in any 12-month period. In connection with any offering under Regulation A+, all investors must be provided with, or given information to access, an offering circular.
Says CEO Darryl Payne, "I am very happy and excited with the SEC's decision to grant our company qualification. This wonderful program allows investors to invest in early stage companies. I applaud the JOBS Act for launching this incredible avenue of connecting new companies with investors."
StreamNet.TV shall expand the capability of the broadcast station. The introduction of Internet protocol media distribution, and interactive geography based consumer apps.
StreamNet's mission is to protect the rights of content owners and bridge the complex world of analogue, digital, HD, and new cloud based technologies. CEO Darryl Payne has a career spanning 41 years as a music producer and label owner. He has accumulated an extensive library of more than 40,000 masters and television shows featuring the world's biggest entertainers. Darryl Payne produced concerts are recognized around the globe. His catalogs are used by music companies and television networks reaching into millions of homes.
Safe Harbor Statement: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Actual results may differ materially from those contained in the forward-looking statements in this press release. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
Company Name: StreamNet.TV
Contact Person: Darryl Payne, CEO
Phone No: 702 721 9915
Country: United States
Website Url: http://www.StreamNet.TV