Star8 Corporation Corporate Update
01 Agosto 2011 - 9:00AM
Star8 Corporation ("Star8") (Pink Sheets:STRH) a global provider of
low cost full-featured mobile email phones, is pleased to provide
an update to its shareholders regarding the progress of the
company's business.
Star8 Corporation is happy to announce that it has changed its
symbol to STRH to better reflect the formal name of the Company.
The symbol change became effective July 29, 2011.
The Company is also pleased to announce that it has engaged an
independent auditor to complete the audit of the financial
statements of the Company. Upon completion of the audit, Star8
plans on filing a Form 10 in preparation of becoming a fully
reporting company. The Company will provide updates to shareholders
upon the completion of the audit and subsequent Form 10 filing.
Star8 continues to make progress on delivering its products into
target markets and will provide shareholders with updates on
business developments as they become available.
For more information about Star8, please go to
http://www.star8corp.com
About Star8 Corporation
Star8 Corporation (Pink Sheets:STRH) is a global provider of low
cost full-featured mobile email phones. The Company's focus is to
provide a low cost alternative to the more expensive smart phones
available in the market today. Star8 is strictly focused on
emerging markets where the mobile operator subscriber base is
predominantly prepaid. These markets do not provide their
subscribers with a subsidy on phone purchases, which leaves a very
small percentage of the subscriber base with the ability to afford
the more costly smart phones.
Star8 is positioning itself to take advantage of the explosive
growth in the Low Cost Mobile Messaging Handset market. Global
shipments of mobile handsets is forecast to be close to 2 Billion
in 2012.
Star8 is poised to take advantage of the tremendous growth in
these markets and its products will be marketed to mobile users in
South East Asia, Africa, and Latin America through existing
relationships.
With management experience garnered on a global basis, Star8 has
uncovered an opportunity to market a mobile handset in conjunction
with a mobile email product in markets where the subscriber base in
highly weighted by subscribers who are "prepaid".
Forward-Looking Statements
This press release contains forward-looking statements that
reflect the Company's current expectation regarding future events.
Actual events could differ materially and substantially from those
projected herein and depend on a number of factors. Certain
statements in this release, and other written or oral statements
made by Star8 Corporation are "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. You should not
place undue reliance on forward-looking statements since they
involve known and unknown risks, uncertainties and other factors,
which are, in some cases, beyond the Company's control and which
could, and likely will, materially affect actual results, levels of
activity, performance or achievements. The Company assumes no
obligation to publicly update or revise these forward-looking
statements for any reason, or to update the reasons actual results
could differ materially from those anticipated in these
forward-looking statements, even if new information becomes
available in the future. Important factors that could cause actual
results to differ materially from the company's expectations
include, but are not limited to, those factors that are disclosed
under the heading "Risk Factors" and elsewhere in documents filed
by the company from time to time with the United States Securities
and Exchange Commission or other regulatory authorities.
CONTACT: For Investors:
William Car
President, Star8 Corporation
info@star8corp.com
(905) 482-4670
Star8 (PK) (USOTC:STRH)
Gráfico Histórico do Ativo
De Dez 2024 até Jan 2025
Star8 (PK) (USOTC:STRH)
Gráfico Histórico do Ativo
De Jan 2024 até Jan 2025