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Gold Star North American Mining, Inc. Completes Strategic Acquisition of Limitless Communications, Inc.; Changes Name to Clearwave Telecommunications, Inc.
Gold Star North American Mining, Inc. Completes Strategic Acquisition of Limitless Communications, Inc.; Changes Name to Clearwave Telecommunications, Inc..
About this update from Clearwave Telecommunications Inc
[{"type":"text","content":"\n \n \n Gold Star North American Mining, Inc. Completes Strategic Acquisition of Limitless Communications, Inc.; Changes Name to Clearwave Telecommunications, Inc.\n \n \nGold Star North American Mining, Inc. Completes Strategic Acquisition of Limitless Communications, Inc.; Changes Name to Clearwave Telecommunications, Inc.\n \n NASSAU, BAHAMAS--(Marketwired - Jul 15, 2015) - GOLD STAR NORTH AMERICAN MINING INC. (OTC PINK:GDSR) announced today the acquisition of Limitless Communications, Inc., which currently provides voice and data termination services. \n On July 10, 2015, United States based Limitless Communications, Inc. closed on an agreement with Gold Star North American Mining, Inc. (OTC PINK:GDSR) pursuant to which shareholders of Limitless Communications, Inc. became the largest shareholders of Gold Star North American Mining, Inc. This change in direction of the company will be accompanied by the name change of Gold Star North American Mining, Inc. to Clearwave Telecommunications, Inc. and a symbol change to be advised upon completion. Under the new agreement, all of the directors and officers of Gold Star North American Mining, Inc. resigned and were replaced by designees of Limitless Communications, Inc. The Company is currently in the process of engaging an auditor with a view to completing its audit and moving the company initially to the OTCQB. \n No splits or any reclassification of the shares of the company are required under the agreement. \n Mr. Mike Neville, Chief Executive Officer of Clearwave Telecommunications states, \"We are in the process of identifying a number of significant opportunities which we believe will reposition the public company in the 'Alternative Telecommunications Sector,' focusing heavily in the Caribbean and related areas. I am delighted to say that we have put together a very seasoned group of telecommunications experts who are leaders in the field with extensive experience in the Caribbean.\" \n The new ClearwaveTelecommunications.com website is currently under construction, but will soon showcase the company's team and its overarching strategy. \n Mr. Neville also states that \"Our plans at Clearwave include expanding the current portfolio of telecommunications services through both a strategic acquisition model with established companies that the management team has immediate rel...