Earlier on in the week Green Stream Holdings Inc (OTCMKTS:GSFI) was in focus after it announced that it managed to sell its fully owned subsidiary company Chuck’s Vintage to VGTel Inc.
Chuck’s Vintage is a well known specialty retail brand and primarily has a presence in Los Angeles and New York. It is a significant move for the company since after the completion of this particular sale; it will be able to focus fully on its solar utility and solar finance businesses. The investors seem to have recognised this as well and on Thursday, the stock was in considerable demand. It ended the day with gains of as much as 12% and is likely to come into focus among this morning as well.
While the latest development was certainly an important one for the company, Green Stream Holdings made another important announcement earlier on in the month on August 12. The company started a new project by way of which it seeks to convert old cargo containers into cheap greenhouses that can be used in both inner city and urban neighbourhoods. It is another ambitious project for Green Stream Holdings and one that investors could consider keeping an eye on.