Innovative and Professional: Amcomri Announces Name Change and Return of Capital Update

ADSL Holdings Inc. Announces Name Change

October 15, 2024

Vancouver, British Columbia

– Amcomri Entertainment Inc. (Cboe CA: AMEN) (FSE: 25YO) (OTC: AMNNF) (“Amcomri” or the “Company”) is pleased to announce that the board of directors of the Company has resolved to change the Company’s name to “ADSL Holdings Inc.” (the “Name Change”) in connection with certain conditions of the previously completed sale by Trinity Pictures Distribution Limited, the Company’s wholly-owned subsidiary, of the Company’s film production and distribution business. The Name Change is expected to take effect on or around October 18, 2024, subject to regulatory approval, including the acceptance of Cboe Canada Inc. (the “Exchange”).

With this rebranding, ADSL Holdings Inc. aims to signify a new era for the company as it moves forward from its film production and distribution business. The decision to change the name reflects the Company’s focus on diversifying its offerings and pursuing new opportunities in the entertainment industry.

The transition to ADSL Holdings Inc. marks a significant milestone for the company, signaling its commitment to growth and innovation. The board of directors believes that the new name better aligns with the company’s vision and strategic objectives, setting the stage for future success and expansion.

Impact on Individuals

For individuals, the name change may not have an immediate impact. However, it signifies a shift in the company’s direction, which could lead to new opportunities and partnerships in the future. As ADSL Holdings Inc. explores different avenues within the entertainment industry, individuals may benefit from a wider range of services and offerings.

Impact on the World

On a larger scale, the rebranding of Amcomri Entertainment Inc. to ADSL Holdings Inc. could have implications for the global entertainment market. The company’s new identity may open up new markets and collaborations, potentially shaping the industry’s landscape and driving innovation in content production and distribution.

Conclusion

The decision to change the name to ADSL Holdings Inc. represents a strategic move for the company, signaling a new chapter in its growth and evolution. As ADSL Holdings Inc., the company is poised to embark on a fresh journey towards success and expansion, with a renewed focus on diversification and innovation in the entertainment sector.

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