Corporate Transition
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Starstream Entertainment Inc. Initiates Corporate Transition New Directors and Strategic Business Refocus
Globenewswire· 2025-12-16 13:35
Core Viewpoint - Starstream Entertainment Inc. is undergoing a change of control and is introducing a renewed strategic focus aimed at strengthening its operational foundation and enhancing long-term shareholder value [1][4]. Group 1: Management Changes - Mr. Zhong Lin has been appointed as a director to guide the company's oversight, governance, and future strategic direction [2]. - The Board is actively evaluating initiatives to enhance operational discipline and assess new commercial opportunities aligned with sustainable growth [2]. Group 2: Strategic Focus - The company is committed to building a strong foundation for its next phase, emphasizing responsible governance, transparency, and identifying business opportunities that can deliver meaningful value to shareholders [3]. - Starstream will continue to provide updates as key decisions are finalized and implemented, ensuring full regulatory compliance throughout the transition [3]. Group 3: Company Background - Starstream Entertainment Inc. is a Nevada-based public company listed on the OTC Markets, historically focused on entertainment development and production [4]. - The company is refocusing its business strategy to evaluate broader commercial initiatives and strengthen long-term shareholder value [4].
SEGG Media Corporation Announces Next Steps in Corporate Transition with Planned CUSIP Number Change to Strengthen Shareholder Protections
Globenewswire· 2025-07-16 12:33
Core Viewpoint - SEGG Media Corporation, formerly known as Lottery.com Inc., is undergoing a corporate transition that includes a CUSIP number change to enhance shareholder protection and market transparency while addressing concerns about illicit trading activities [1][2][3]. Group 1: Corporate Transition - The company has completed its corporate rebrand and is now trading under the ticker symbol 'SEGG' [2]. - The CUSIP change is part of a broader strategy to modernize SEGG's market identity and improve protections against negative trading practices, particularly short selling [2][3]. Group 2: Regulatory Actions - SEGG Media is collaborating with outside counsel to investigate potential illegal market activities, including naked short selling, to protect shareholder interests [3]. - The CUSIP change is seen as a protective measure in response to observed shorting patterns and potentially unlawful activities targeting the company's stock [3]. Group 3: Company Commitment - SEGG Media is committed to safeguarding shareholder value and pursuing an aggressive roadmap focused on acquisitions, innovation, and global expansion in the sports, entertainment, and gaming sectors [3]. Group 4: Company Overview - SEGG Media operates a portfolio of digital assets, including Sports.com and Lottery.com, and is focused on immersive fan engagement, ethical gaming, and AI-driven live experiences [5].