Hollywood, CA -- February 13, 2017 -- InvestorsHub NewsWire -- Sycamore Entertainment Group, Inc. (OTC:SEGI), an innovator in hybrid film distribution is releasing the first of a series of CEO Statements:
 

“The lack of trust in OTC issuers by Penny Stock traders has been a major roadblock to issuers when trying to raise the necessary working capital needed to grow their business. Sycamore is taking a first step in restoring that trust with its shareholders. 

 

Effective immediately, we will apply a self-imposed share structure lockout for a minimum of 60 days. During that time, there will be no issuances of new shares, nor will there be any increase to the authorized share capital. It is my opinion, that the current issued and outstanding is ideal to encourage liquidity and allows investors of all sizes to participate in our market. As a result, Sycamore will not be engaging in any reverse split at any time whatsoever. These actions are to provide traders and investors with the confidence that they can participate in Sycamore and not have the share value be eroded due to unnecessary dilution.

 

Subject to market conditions and corporate requirements, we will provide shareholders with the opportunity to purchase shares directly from the company at favorable prices relative to the market. This type of direct investments provides the opportunity for shareholders to add free trading shares to their holdings while providing Sycamore with much needed working capital. Any potential pullback in share prices as a result of any financings can serve as an opportunity for traders or investors who may not be eligible to purchase shares directly from the company at the time of the offering. 

 

We would like to send a message loud and clear that we support the trading and investing community and that we share common goals. The sooner that we can align our interests the faster we can move the company ahead. The new laws allow us to take the power away from dilutive financing options and places it back into the hands of the traders and shareholders who continue to support what we do.

 

During this lock-out period, we are completing our reporting requirement as well as resuming work on the final stages of the audit.

 

Thank you for your continued support.”

 

 
Investors can also follow Sycamore on Linked in: Sycamore Entertainment Group and Twitter: Sycamorefilms
Contact:  info@sycamoreentertainment.com
 
About Sycamore Entertainment Group Inc. (SEGI):
Sycamore Entertainment is a diversified entertainment company that specializes in the acquisition, marketing and worldwide distribution of quality finished feature-length motion pictures. Sycamores’ management team utilizes its long standing relationships to provide market specific publicity, promotion, media buying, theatrical placement and Print and & Advertising financing for theatrical domestic release.
Visit: www.sycamoreentertainment.com / Forward-Looking Safe Harbor Statement
 

Sycamore Entertainment (PK) (USOTC:SEGI)
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