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Northstar announces second quarter 2013 results showing significant sales revenue!

Northstar announces second quarter 2013 results showing significant sales revenue!.

articleMedgen IncApril 8, 20135/company/northstar-global-business-services-inc/news/northstar-announces-second-quarter-2013-results-showing-significant-sales-revenue
Northstar announces second quarter 2013 results showing significant sales revenue!

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[{"type":"text","content":"\n\n\n\n\n\n\n\nNorthstar announces second quarter 2013 results showing significant sales revenue!\n\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:\"0in\";\n}\n\n\n\n\n\n\n\n\n\n\nNorthstar announces second quarter 2013 results showing significant sales revenue!\n\nPR Newswire\n\nHOLBROOK, N.Y., April 8, 2013\n\n\n\n\n\n\n\nHOLBROOK, N.Y., April 8, 2013 /PRNewswire/ -- Northstar Global Business Services, Inc. Symbol (OTCPink: MDIN), today announced that the company has released its quarterly disclosure document, which is the first that shows significant revenue in several years. The disclosure outlines sales revenue in the millions from a variety of sources including direct to consumer sales, and wholesale distribution agreements, and shows that Northstar is a viable business once again.\n\n\nSince the company's fiscal year starts in September, this is actually the second quarter for Northstar in 2013, but some may argue it is the most important quarter in the company's history. Since the company re-started production of its popular anti-snoring product, Snorenz, its quarterly statements have shown no sales, and only small losses, but like a racehorse leaping out of the gates, the company went from generating nothing at all to several million dollars in sales and distribution agreements. How the products sells-through on a large scale will determine the company's long term profitability, but after a full quarter of selling products to a smaller audience through the internet and a sprinkling of retail locations, the feeling is that projections to date have been conservative. The next big growth spurt for Northstar is expected to be in June and July when major retailers re-work their shelf plans and add new products. Northstar plans to have its products in those new plans, growing from a small number of retailers and Internet sites to thousands or tens of thousands of locations globally.\n\n\nNorthstar's CEO, Nicholas Chieco commented, \"I couldn't be prouder of what we have done here. Hard work has paid off and we can finally show all the naysayers what we are capable of. The proof is ...

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