$STRH news / Update Star8 Corporation Corporate Update Star8 Corporation (STRH:OTCMarkets), a provider of low cost mobile smart phones and related accessories to emerging markets, is pleased to provide shareholders with an update on its business. The last two quarters have been extremely productive for our company, having established a wholly owned subsidiary in Hong Kong and begun generating substantial revenues. Star8 believes the expansion and foundation of business developed over the last six months will continue to support robust growth for our company in the coming quarters. Star8 expects revenues for the 4th quarter to reach a range of $2.3 to $2.6 million with total 2012 revenues of approaching $5 million. "2013 is shaping up to look quite promising and, although early, we anticipate top line revenue reaching our goals set out earlier this year," said William Car, President of Star8. "We continue to see growth and will work very hard to reach those goals." In April of this year, Star8 completed a definitive agreement with HLK partners to operate Star8's wholly owned Hong Kong subsidiary. HLK partners received 20,000,000 shares of Star8 Corp and can earn an additional 60,000,000 shares during the first twelve months of the agreement based on reaching specific sales targets. More specifically, for each US$10,000,000 in revenue generated, HLK will receive 20,000,000 shares. HLK can earn additional shares beyond the 80,000,000 total shares if all targets are met after the twelve-month period. For more information on the definitive agreement and our Hong Kong subsidiary, please refer to the Star8 press release dated April 9, 2012. Star8 also expects to launch two more low cost, full-featured Android devices before the end of the year, under the Axiom brand name, expanding the overall product offering to our customers. For more information on Star8 and our products, please visit www.star8corp.com About Star8 Corporation Star8 Corporation (OTCMarkets:STRH) is a global provider of low cost full-featured mobile email phones and mobile phone related accessories. 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 are 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, the Middle East 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 is highly weighted by subscribers who are "prepaid." Forward-Looking Statements This document may contain forward-looking statements, relating to Star8 Corporation operations or to the environment in which it operates, including those regarding Star8's preliminary revenue and expectations for the fourth quarter of 2012, which are based on Star8 Corporations operations, estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, and/or are beyond Star8 Corporations control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. Star8 Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Category: InvestingTotal Views: 230 By : EditorUpdated: 04-26-2024
With the rise of Bitcoin and the introduction of Bitcoin ETFs, altcoins have been gaining ground as well. In general, it’s a good time to buy cryptocurrencies now when attitudes towards adoption and regulations are changing.
It’s also a good idea to have a diverse and complex portfolio that balances itself out with steady and popular cryptocurrencies. That way, the investors hedge against the risks involved. In this article, we’ll outline some of the best altcoins out there ... Read More
Category: Real EstateTotal Views: 211 By : EditorUpdated: 04-24-2024
In real estate financing, money lenders occupy a distinctive niche. They offer alternative funding solutions that diverge from traditional banking institutions. A hard money lender presents a viable option for those seeking quick access to capital or needing help securing loans through conventional means. Comprehending the nuances of this financing avenue is paramount before diving in. This article delves into what you need to know about the money lenders, shedding light on their operations, ben... Read More
Category: InvestingTotal Views: 202 By : EditorUpdated: 04-23-2024
Exactly how & Where To Find Penny Stocks To Buy
Various options are offered for acquiring low-priced stocks, with lots of options to consider. Identifying appropriate stocks is basic, however selecting the most lucrative ones can be difficult.
Now that you have a strong understanding of penny stocks and have actually chosen that the penny securities market is an excellent suitable for you, you're probably questioning how to get going. Searching for and purchasing penny stocks can b... Read More
Investments are the basis of modern financial literacy. People who have extra funds and a basic understanding of commercial benefits often think about early investments. If you start investing even small amounts during your college time, even small investments can bring you enormous benefits over the long term.
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Category: StocksTotal Views: 342 By : EditorUpdated: 04-02-2024
Best 5 Penny Stocks To Watch Right Now
Penny Stocks are on the move this April, and these Top 5 Nasdaq Penny Stocks should be on your watch-list.
Aerospace, Inc.
Stock Ticker symbol XTIA company name Aerospace Inc. This Nasdaq stock saw a lot of movement today with a lot of volume in the tune of 58 million shares traded. Up 1.44 at 70% increase in price per share. Although XTIA did not close at it's high of day, it sure held strong! Most importantly After Hours is reporting cu... Read More
Category: InvestingTotal Views: 587 By : EditorUpdated: 04-02-2024
What does Stock Bashing mean?
Stock bashing refers to the act of spreading false information to manipulate the stock market and drive down the price of a security. It is illegal and can result in financial penalties and prosecution. Stock bashers may act alone or in groups, and their motives can include personal financial gain or revenge. The practice is harmful to investors, companies, and other stakeholders, and financial regulators monitor the market to identify and punish those engaging i... Read More
Category: InvestingTotal Views: 470 By : EditorUpdated: 04-04-2024
Unlock Your Stock Trading Potential with Free Stock Price Quotes
Today we discuss the importance of using free stock quotes to analyze and make informed decisions about stock trading. It highlights the benefits of practicing with free quotes before investing real money and suggests using low-cost self-directed platforms to monitor investments. It also emphasizes the need for beginners to understand the basics of stock trading and recommends starting with an amount of money they can afford to ... Read More
If you're dealing with individual financial resources or looking for methods to boost your monetary management abilities, this short article is for you. The suggestions and guidance below can assist you enhance your money mangement and enhance your total monetary wellness, no matter your existing position.
Accomplish flexibility from financial obligation by using the assistance offered in these 7 simple and basic ideas for handling individual financial resources.
Keep your eyes on the ... Read More
Category: MarketsTotal Views: 796 By : EditorUpdated: 02-03-2024
Below we discuss the potential impact of the upcoming 2024 presidential election on the data and finds that election results do not have a significant long-term impact on market performance. Instead, market returns are primarily influenced by broader economic and inflationary trends. The article also highlights specific scenarios where divided government has a stronger correlation with stock market performance. It suggests that investors should pay more attention to economic indicators rather th... Read More
Category: InvestingTotal Views: 557 By : EditorUpdated: 02-03-2024
Below are the basics of the stock market, including the two locations of the market (primary and secondary), the concept of shares and ownership, and the factors that affect stock prices. It also covers various investment approaches, such as day trading and long-term investing, and explains the difference between the two. Additionally, the article mentions the importance of understanding the market and its movements before investing.
Basics Of The Stock Market
Various new investors explore... Read More