LAS VEGAS, NV - (NewMediaWire) - November 19, 2015 - StereoVision Entertainment Inc., a publicly traded Nevada corporation (OTC PINK: SVSN), announced today their J/V partner Inspirational Vision Media (IVM) has completed agreements to acquire Emerald City of Oz LLC, Dorothy of Oz LLC, Alpine Pictures LLC, and Star Team LLC in stock for stock swaps.
"The StereoVision/Inspirational Vision Media J/V was formed to bring together StereoVision and these private production companies and their associated intellectual properties, assets, investors, and production and management talent under the umbrella of a new public company to launch a production and P&A funding mechanism utilizing the recently enacted JOBS Act, which allows for the general solicitation of accredited investors," stated StereoVision's CEO, Jack Honour. "For providing the resources for IVM's public filings, StereoVision is receiving 5% of IVM's total stock authorization, and going forward will have a strategic partner for generating production and P&A funding for StereoVision's slate of films. Combined to date our partners and investors in this J/V have generated over $200,000,000 in P&A and production funding."
StereoVision Entertainment Inc. (http://stereovision.com) Headquartered in Las Vegas, Nevada, StereoVision Entertainment is a publicly traded Nevada corporation 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 many emerging 3D content distribution platforms.
REZN8 (http://rezn8.com/) A StereoVision wholly owned subsidiary. Founded in 1987, the 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 broadcast graphics, titles, and 3D 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.
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