Business
Blue Star Opportunities Corp. (BSTO) Provides Revenue Guidance for Q3
Blue Star Opportunities Corp. (BSTO) Provides Revenue Guidance for Q3.
About this update from Blue Star Opportunities Corp.
[{"type":"text","content":"\n \n \n Blue Star Opportunities Corp. (BSTO) Provides Revenue Guidance for Q3\n \n \nBlue Star Opportunities Corp. (BSTO) Provides Revenue Guidance for Q3\n\nOrders and Shipments to Date Indicate an Almost 250% Increase Over Last Quarter\n\n \n LAS VEGAS, NV--(Marketwired - Sep 9, 2014) - Blue Star Opportunities Corp. (The \"Company\") (PINKSHEETS: BSTO) announces today that based on orders and shipments to date, Q3 will be a banner quarter with an increase in revenues of nearly 250% over the previous quarter. The company sees revenues for Q32015 reach between $1,300,000 and $1,500,000, based on the volume of business so far in the quarter. Both cash flow and income will be positive with the latter coming in at close to $100,000.\n An increasing flow of orders is being generated by our more than 400 retail locations featuring our specialty displays of pre finished cork. The response from dealers and consumers continues to be extremely positive. Orders are coming in on a daily basis and the business is growing quickly. The company is on track to double the number of outlets to 800 by Christmas.\n We intend to maintain the pace of expansion of the sales network through 2015 and 2016, until our special retail displays have been installed in 6000 locations across North America. The Company continues to evaluate that 6000 locations would generate between 20 and 30 million in annual revenues based on the sales flow produced so far by the first locations during the first seven months of the program.\n The company has been using very advanced technology in producing hundreds of colors of exceptional quality. New applications like nanotechnology has helped us transform cork tiles from commodity into beautiful elements for fashionable home decor. Our streamlined supply chain and inventory management system is playing a major role in our growth.\n We are still winning business with our more traditional fashion lines such as long and wide planks in oil penetrating stains and specialty colors like silvers, white washes and grays which are increasingly in demand today. We are pursuing our distribution drive to bring these lines to the attention of hundreds of architect and design firms.\n ABOUT BLUE STAR\n Blue Star Opportunities Corp. is a supplier of environmentally friendly components used in renovation and construction of family homes, c...