HOLLYWOOD, Calif., Jan. 22, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Sycamore Entertainment Group, Inc. (SEGI), is pleased to announce that the MediaCoin LLC joint venture with Freiberger Company Inc., has executed contracts with Kendall Almerico of Almerico Law to begin its Regulation D and Regulation A+ filings to take its blockchain project to market. In 2016, Onalytica ranked Kendall #1 on its 2016 list of the Top 100 crowdfunding influencers in the world.
“We are very pleased to have Kendall Almerico on board leading this initiative. In this new and exciting space there is not a better person to help Sycamore and MediaCoin LLC navigate the regulatory landscape. Having Kendall Almerico on board speaks to the caliber of the team that we have assembled to bring MediaCoin to market,” stated Edward Sylvan, CEO of Sycamore Entertainment Group.
Blockchain is the future of secure and reliable transactions in the 21st century. Full SEC compliance is mandatory.
Jeff Freiberger, CEO of Freiberger Company, stated:
“We are very excited about engaging Kendall. He, in my opinion, is one of the most credible and knowledgeable attorneys in Reg A+ SEC compliance. The SEC's view is that cryptocurrencies and tokens are deemed securities and should be held to securities regulations. Blockchain is here, but launching them legally is important to protect customers and investors as this new industry grows.”
MediaCoin LLC will launch one of the first securities backed blockchain projects in compliance with the SEC’s approved Regulation D and Regulation A+ filing. The joint project will take MediaCoin LLC public in a crowdfunded IPO. It is anticipated that it will give MediaCoin LLC the ability to bring in vital capital to execute its business plan and give shareholders the confidence and security in investing in a newly launched blockchain company.
“I am always excited to work with groundbreaking companies who understand the importance of following the rules and regulations surrounding a Regulation A+ offering,” Kendall Almerico stated. “I’m especially excited to have the opportunity to work with MediaCoin which is promising to be one of the first blockchain-related Regulation A+ equity crowdfunding offerings.”
Freiberger Company Inc. is planning to release a white-paper in February, 2018 explaining the specifics of MediaCoin and which will be available on the Sycamore Entertainment Website.
About Sycamore Entertainment Group. (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.
About Freiberger Company Inc.:
The Freiberger Company Inc. is a blockchain consulting and development company focused on launching decentralized blockchain technologies in multiple industries. The Freiberger Company Inc. and its advisors include legal counsel that specializes in securities regulations and blockchain technologies, blockchain developers, and blockchain expertise.
About Kendall Almerico:
Kendall Almerico was named one of the 20 most influential thought leaders on crowdfunding in the world by VentureBeat, Inc. named Mr. Almerico to its list of “Top 19 Crowdfunding Experts Startups Need to Know.” Forbes called Mr. Almerico “one of the top JOBS ACT and Regulation A lawyers in the country.”
In 2016, Onalytica ranked Kendall #1 on its 2016 list of the Top 100 crowdfunding influencers in the world. Mr. Almerico and his crowdfunding websites have appeared in the New York Times, USA Today, Washington Post, Washington Times, Huffington Post, Forbes, Bloomberg, Reuters, the New York Daily News, Business Insider, Christian Science Monitor, Fox Business Network and hundreds of newspaper, blog, radio and television interviews including CNN, CNBC, CBS, ABC, NBC, FOX, CCTV and Bloomberg TV. Mr. Almerico’s law practice is focused on crowdfunding law, and particularly on equity crowdfunding through Regulation A+, Regulation CF and Regulation D, Section 506(c) private placements under the JOBS Act. Mr. Almerico was formerly a regular crowdfunding columnist for Entrepreneur.com and a highly sought after international keynote speaker.
Forward-Looking Safe Harbour Statement This press release contains forward-looking statements that are made pursuant to the safe harbour provisions of the Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. By their nature, forward-looking statements and forecasts involve risks and uncertainties related to events dependant on circumstances that will occur in the near future. These statements involve known and unknown risks and uncertainties, which may cause Sycamore Films actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, but are not limited to, our ability to obtain rights to distribute and market films, product availability; demand and market competition, and access to capital markets. For a more complete discussion of the risks to which Sycamore Films is subject to please see our filings with the SEC, including our Current Report on Form 8-K filed May 21, 2010 and our Quarterly Report on Form 10-Q for the first quarter 2010. You should independently investigate and fully understand all risks before making investment decisions.
***MediaCoin LLC is “testing the waters” for a possible offering of securities under Regulation A of the JOBS Act. No money or other consideration is being solicited by the company at this time, and if sent in response, will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement is qualified, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date. If you indicate interest, your indication of interest involves no obligation or commitment of any kind. If an offering statement has been filed, you may obtain a copy of the most recent version of the Preliminary Offering Circular from Kendall Almerico at Kendall A. Almerico P.A., 1440 G Street NW, Washington DC 20005 or by e-mailing email@example.com.