$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: MarketsTotal Views: 26 By : EditorUpdated: 05-05-2024
Introduction
Forex trading, or foreign exchange trading, is the act of buying and selling currencies on the global market. As the largest financial market in the world, it offers high liquidity and operates 24 hours a day during the business week. For beginners, the allure of forex trading lies in its potential for high returns, but it also comes with a steep learning curve and significant risks. In this comprehensive guide, we'll explore forex trading strategies, how it works, tips for s... Continue Reading
Category: InvestingTotal Views: 99 By : EditorUpdated: 05-05-2024
Introduction
Investing in mutual funds has long been a popular choice for individuals seeking to grow their wealth through a diversified portfolio managed by professional fund managers. As we look ahead to the second half of 2024, it's crucial to identify mutual funds that not only have a strong track record but also align with the evolving economic landscape and your personal investment goals. In this comprehensive guide, we'll explore the 10 best mutual funds to consider for your in... Continue Reading
Category: StocksTotal Views: 185 By : EditorUpdated: 05-05-2024
The Real Good Food Company Inc. (NASDAQ: RGF) has been making headlines, but not necessarily for the reasons investors would hope for. With a stock price that has been on a roller coaster ride, it's time to dissect the company's recent activities, financial maneuvers, and strategic decisions to understand where it stands in the current market landscape.
Company Profile
The Real Good Food Company Inc. (RGF), known for its health and wellness-focused frozen food products, operates in... Continue Reading
Category: StocksTotal Views: 164 By : EditorUpdated: 05-05-2024
Northwest Biotherapeutics Inc. (NWBO), a biotechnology firm, has been a subject of interest for investors and industry observers alike. This company, operating in the healthcare sector and specifically within the biotechnology industry, has made strides in developing personalized immune therapies for cancer. Let's delve into the details of NWBO, its operations, financials, and technical analysis to understand its market position and future prospects.
Company Profile and Operations
Foun... Continue Reading
Category: MarketsTotal Views: 121 By : EditorUpdated: 05-04-2024
The stock market in 2024 presents a unique landscape for investors, shaped by the aftermath of a global pandemic, technological advancements, and shifting economic policies. As we delve into this year's market dynamics, it's crucial for investors to stay informed and adapt their strategies to capitalize on growth opportunities while mitigating risks. In this comprehensive guide, we'll explore the key factors influencing the 2024 stock market and provide actionable insights for invest... Continue Reading
Category: StocksTotal Views: 201 By : EditorUpdated: 05-04-2024
The AI sector continues to be a hotbed of innovation and growth, with companies across the globe racing to harness the power of artificial intelligence. As we delve into the best AI stocks to watch in 2024, we'll provide a detailed analysis of each company's financial health, market position, and future prospects. Here are the top 10 AI stocks that should be on every investor's radar:
1. NVIDIA Corporation (NVDA)
Market Position and Financial Performance:
Nvidia remains a... Continue Reading
Category: InvestingTotal Views: 335 By : EditorUpdated: 05-04-2024
As we step into May 2024, investors are faced with a unique set of challenges and opportunities in the financial markets. With the Federal Reserve's recent decisions, economic indicators, and market trends, it's crucial to approach investments with a well-informed strategy. Here are some investment tips to help you navigate the financial landscape this month.
Understanding the Current Economic Environment
Before diving into investment strategies, let's assess the current econom... Continue Reading
Introduction
As we step into the second half of 2024, the financial landscape continues to evolve, presenting new challenges and opportunities for individuals looking to manage their money effectively. Whether you're a seasoned saver or a financial novice, understanding the basics of personal finance is crucial to achieving your financial goals. This comprehensive guide will walk you through the essentials of personal finance for dummies in 2024, offering practical advice and actionable t... Continue Reading
Category: StocksTotal Views: 290 By : EditorUpdated: 05-04-2024
Introduction
In the world of investing, penny stocks are like the Wild West: lawless, unpredictable, and not for the faint of heart. They're the stocks that big-time investors scoff at over their morning coffee, yet they hold a certain allure for those looking to strike it rich on a shoestring budget. Today, we're diving into the murky waters of penny stocks trading under 10 cents as of May 4, 2024. Buckle up, it's going to be a bumpy ride.
What Are Penny Stocks?
For the uni... Continue Reading
Category: MarketsTotal Views: 265 By : EditorUpdated: 05-04-2024
As we stare down the barrel of another trading week, investors are grappling with a market that's as predictable as a teenager's mood swings. Here's what you should keep your eyes peeled for, unless you enjoy the thrill of being blindsided.
Earnings Season Continues
Earnings season is like the Wall Street equivalent of a reality TV show – full of drama, surprises, and the occasional meltdown. Next week, a slew of companies will step into the earnings confessional. Expecta... Continue Reading