SEC Comment Letter for Green Stream Holdings Inc. (GSFI) (CIK 0001437476) (GSFI) — Apr 15, 2020
Green Stream Holdings Inc. (GSFI) (CIK 0001437476)
Date: April 15, 2020 · CIK: 0001437476 · Accession: 0000000000-20-003260
AI Filing Summary & Sentiment
File numbers found in text: 024-11086
Letter
April 15, 2020 Madeline Cammarata President Green Stream Holdings Inc. 16620 Marquez Ave Pacific Palisades, CA 90272 Re:Green Stream Holdings Inc. Offering Statement on Form 1-A Post-qualification Amendment No. 3 Filed April 15, 2020 File No. 024-11086 Dear Ms. Cammarata: We have reviewed your amendment and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your offering statement and providing the requested information. If you do not believe our comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your offering statement and the information you provide in response to this comment, we may have additional comments. Post-qualification Amendment No. 3 filed April 15, 2020 In the event this Offering Statement is not qualified on or before March 9, 2020, Selling Shareholder..., page 9 1.We note the disclosure that if the offering was not qualified by March 9, 2020, the selling securityholders would each receive 30,000 shares of Class B preferred and that this may cause a change of control. Please update this risk factor. In this regard, please also update the disclosure regarding the Settlement on pages 26 and 27.
FirstName LastNameMadeline Cammarata Comapany NameGreen Stream Holdings Inc. April 15, 2020 Page 2 FirstName LastName Madeline Cammarata Green Stream Holdings Inc. April 15, 2020 Page 2 We will consider qualifying your offering statement at your request. If a participant in your offering is required to clear its compensation arrangements with FINRA, please have FINRA advise us that it has no objections to the compensation arrangements prior to qualification. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. You may contact Jonathan Burr at 202-551-5833 or Pamela Howell at 202-551-3357 with any questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction
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April 15, 2020
Madeline Cammarata
President
Green Stream Holdings Inc.
16620 Marquez Ave
Pacific Palisades, CA 90272
Re:Green Stream Holdings Inc.
Offering Statement on Form 1-A
Post-qualification Amendment No. 3
Filed April 15, 2020
File No. 024-11086
Dear Ms. Cammarata:
We have reviewed your amendment and have the following comment. In our comment,
we may ask you to provide us with information so we may better understand your disclosure.
Please respond to this letter by amending your offering statement and providing the
requested information. If you do not believe our comment applies to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response. After reviewing any amendment to your offering statement and the information you
provide in response to this comment, we may have additional comments.
Post-qualification Amendment No. 3 filed April 15, 2020
In the event this Offering Statement is not qualified on or before March 9, 2020, Selling
Shareholder..., page 9
1.We note the disclosure that if the offering was not qualified by March 9, 2020, the selling
securityholders would each receive 30,000 shares of Class B preferred and that this may
cause a change of control. Please update this risk factor. In this regard, please also update
the disclosure regarding the Settlement on pages 26 and 27.
FirstName LastNameMadeline Cammarata
Comapany NameGreen Stream Holdings Inc.
April 15, 2020 Page 2
FirstName LastName
Madeline Cammarata
Green Stream Holdings Inc.
April 15, 2020
Page 2
We will consider qualifying your offering statement at your request. If a participant in
your offering is required to clear its compensation arrangements with FINRA, please have
FINRA advise us that it has no objections to the compensation arrangements prior to
qualification.
We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.
You may contact Jonathan Burr at 202-551-5833 or Pamela Howell at 202-551-3357 with
any questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction