CHEYENNE, WY - October 8, 2013 - 3D Entertainment Holdings, Inc. a Wyoming Corporation dba 3D Eye Solutions, Inc. (OTC Pink: TDEY) and George Sharp, a former shareholder, jointly announced today that they have reached an agreement for peace to resolve differences with respect to litigation filed against the company by Mr. Sharp (California Superior Court Case No. 37-2013-00054432-CU-FR-CTL).
3D Entertainment Holdings, Inc. President, Clark Ortiz, stated, "Mr. Sharp and I believe that it was mutually beneficial for us to settle this claim for peace so that 3D Entertainment Holdings could move forward with the business at hand. In our discussions, Mr. Sharp and I agreed that companies who participate in pump and dump schemes do not benefit the goals of shareholders or help with the success of the business. I have found Mr. Sharp to be an incredible proponent towards public awareness of unfair business practices and pump and dump schemes. Our communication and discussions allowed us to understand each of our goals and to come to an amicable understanding. 3D Entertainment Holdings commends Mr. Sharp for his tireless work in trying to end schemes which are designed to fleece the public. Both the company, and I personally, wish him much success."
The goal of 3D Entertainment Holdings is to provide a clean and fair ability for shareholders investments to increase in value through the proper movement and future profitability of the companies. Mr Ortiz has challenged the failed system of back room dealings and illusionary communication of many small cap or penny companies by holding a transparent business model combined with weekly conference calls, social media and direct communication with shareholders to clarity of announced advances of the company.
Mr. Sharp commented, "It is truly refreshing to finally deal with the officer of a public company whose goal is to enrich his shareholders and not only himself and his benefactors. I am optimistic that Clark will be able to bring the credibility to the company that previous management may have worked so hard to destroy. Clark has assured me that 3D Entertainment Holdings dba 3D Eye Solutions will never be the willing subject of a pump and dump scheme."
About 3D Entertainment Holdings, Inc.
TDEY (OTC Pink: TDEY) is fully focused on a 2D and 3D content media creation business with distribution of content through application and smart devices. Owner and developer of App3DTV found on smart devices which provide media content and entertainment. More information can be found on www.App3DTV.com
App3DTV is 2D and 3D app available on Android for $7.99. The application that features 3D movies, music videos, and other media all at your finger tips. It is currently on beta test and it is scheduled to be on Kindle, Roku, and Apple shortly. To download the app go to: https://play.google.com/store/apps/details?id=com.ipointapps.app3dtv
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
SOURCE: 3D Eye Solutions, Inc.