Company to acquire media and entertainment assets
Blue Star Opportunities Corp. (The "Company") (OTC: BSTO), announces today that it has entered into negotiations for the acquisition of media and entertainment assets that will result in a change of direction for the company's business.
The company will begin acquiring entertainment assets and move into various aspects of the media business including, but not limited to, film and television series productions. The Company believes there is a major upside in managing creative content that can inspires today’s audience. Moving into this new direction is being managed by Hollywood professional, Laurel Harris, who will be joining us along with other seasoned media executives with an extensive track record in the entertainment industry.
“We are very optimistic about entering the Media business “says Chair and CEO Joseph Hozer,“we are taking advantage of an opportunity that should prove very beneficial for building shareholder value”.
Company management has determined that there are significant barriers to shareholder value growth in continuing in the green flooring business. The company anticipates that the media business will provide sustained growth for the foreseeable future.
We will continue to provide updates regarding these developments. For more information please contact
Gerard Dab 438-501-6500
Joseph Hozer 514-679-3403
SOURCE: Blue Star Opportunities Corp.
ABOUT BLUE STAR OPPORTUNITIES
Blue Star Opportunities Corp. has been a supplier of environmentally friendly flooring used in the construction and renovation of residential, multi-unit residential, commercial and retail developments. Its Duro-Design brand is well established as a leader in the eco-friendly and highly durable cork flooring market. Following lack of growth in its core markets over the past two years, The Company has undertaken to explore other business opportunities better suited for expanding business and building shareholder value. More information and details on our performance can be found in our filing on OTCmarkets.
FORWARD-LOOKING STATEMENTS: Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of the Company. These statements are based on suppositions and uncertainties as well as on management's best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for the Company's products and services, the impact of price pressures exerted by competitors, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.