Las Vegas, NV, Nov. 26, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- StereoVision Entertainment Inc. (OTC:SVSN) announced today that it has formed the Florida C Corp Amalgamated Agricultural Properties Inc., (AAPI) for the purpose of doing an SEC registration for an NYSE REIT IPO to acquire irrigated farmland in Florida to cultivate industrial hemp. AAPI's named Lorne Saltzman Chairman with immediate effect. https://www.linkedin.com/in/lornesaltzman0214/

“With the legalization of the hemp industry being passed by the US Senate in the Farm Bill, which is now going before the US House of Representatives, and with Florida’s Governor Scott having already signed the bill legalizing the hemp industry in Florida, we feel now is the right time and Florida is the right place to launch our plan to acquire irrigated farmland with a REIT IPO. First in Florida, then when the law allows, in Texas,” stated AAPI’s Co-Founder and Chairman Lorne Saltzman. “I’m excited to team up with StereoVision, AAPI’s principal partner, in this most timely opportunity to begin our REIT’s SEC filings for the IPO. We look to secure an institutional partner for AAPI’s IPO. The properties AAPI acquires in the REIT are to be leased to StereoVision who intends to grow organic hemp for CBD and hemp biomass.”

StereoVision. http://stereovision.com Headquartered in Las Vegas, Nevada, StereoVision is a publicly traded Nevada corporation (OTC:SVSN) focused on the creation, acquisition, production, and distribution of multimedia content with its media subsidiary, the wholly owned 9 time Emmy winning production company REZN8,  (http://rezn8.com) and the legal industrial hemp industry.

Safe Harbor Statement: Except for historical information certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and those statements are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company cautions that these forward-looking statements are qualified by other factors. The Company undertakes no obligation to publicly update any statements in this release.


Contact: 

Jack Honour 

jack@stereovision.com 

Office 818-326-6018