Current Symbol: MBST
REVERSE SPLIT: On February 7, 2012 the Board of Directors of the Company resolved to authorize a 500-for-1 reverse split of its issued and outstanding common shares, whereby every Five Hundred (500) old shares of common stock will be exchanged for One (1) new share of the Company's common stock, to become effective on February 7, 2012. As a result, once the reverse split is declared effective by the Financial Industry Regulatory Authority, the issued and outstanding shares of common stock will decrease from 650,000,000 prior to the reverse split to 1,300,000 following the reverse split. The reverse split shares are payable upon surrender of certificates to the Company's transfer agent.
The company intended, but failed, to market and distribute a coin-operated vending machine to popular recreation areas including restaurants, shopping malls, bars and theme parks.
Mobile Star's entertainment vending machine was developed to provide a personal karaoke experience. The free-standing booth utilizes patent-pending technology enabling an individual to digitally record his or her voice singing to hundreds of songs. The unit then publishes a computerized disc featuring the singer's voice and the selected background music.
New MBST website http://themobilestar.com/
Here is some info from when the company still was attempting to market a product. It is unknown what business (if any) they are in today.
Karaoke Machine Pictures: Located in New Roc City, New Rochelle, New York:
SHARE STRUCTURE INFORMATION
Common Outstanding Shares: 608,159,964
Authorized Shares: 1,000,000,000
Restricted Shares 250,000,000
Float Estimated: Unknown
The Mobile Star Corp.
53 Hanoter Street
Even Yehuda, 40500
Phone: 972 54 465 5341
Fax: 972 9 891 1123
The Mobile Star Corporation
MBST technology is a coin operated karaoke machine which combines a digital media proprietary software platform, a US wide broadband network and a pay per use device. This technology gives the user a unique experience that has been the dreams of many, especially after seeing people turn into stars on some popular television shows such as America's Got Talent and American Idol.
Mobile star gives you the same experience, minus the millions of people watching you.
Every customer who enters one of these Mobile Star units begins a new journey. A journey which allows them to enjoy being in a recording studio, which is fully automated, for a fraction of renting an actual studio out. The unit allows you to choose your music, sing the songs, then publishes a professionally edited digital CD featuring your music and voice.
Utilizing their proprietary digital media software platform, professional hardware and sound proof studio, you get the feeling that you are in a real live studio. These coin operated machines can be found at popular locations from bars to shopping malls to theme parks.
MBST is a product where there is no other such product like it in the current market. The technology comprises of a enclosed booth which is divided into two parts; an acoustically isolated space which is where the singer sings, and the 2nd part is the recording and processing hardware section which includes a computer and a computerized disc dispenser.
Current technology improves and upgrades the sounds of the user allowing for a much better result. There are four different instruments which process the customer's voice: reverb, compressor, amplifier, and equalizer. The Reverb imitates the acoustics of being in a sound stage, the Compressor restricts singing volume to a preset maximum, the amplifier amplifies the voice to the appropriate volume in comparison to the background music and the equalizer allows frequency changes to loud and 'louder' frequencies so dramatically improve the sound.
An animated three dimensional character acts as the virtual recording technician that guides the user from the beginning of the process until the end, thereby improving user satisfaction and enjoyment. The digital recording is saved directly to a file on the hard disc, and the service includes burning a compact disc (CD) while the program mergers between the singing and the music.
Associated software controls the machine activities, including recording, playback, burning, robotic arm movements, presenting the interface vocally and visually, and choosing the songs and their categories. All songs, backgrounds, and words are coded in files saved on the hard disc, which allows a choice of hundreds and potentially even thousands of songs. The digitalized process records only the user's voice digitally after processing with four instruments and software algorithms digitally merge the voice with the background music.
We have engaged Nevada Agency and Trust as our stock transfer agent. Nevada Agency and Trust is located at 50 West Liberty Street, Reno, Nevada 89501. Their telephone number is (775) 322-0626 and their fax number is (775) 322-5623. The transfer agent is responsible for all record-keeping and administrative functions in connection with our issued and outstanding common stock.
Plan of Operation
We were incorporated in Delaware on September 25, 2007 and we are a development stage company. We intend to engage in the manufacturing and distribution of the Technology. We have not generated any revenues to date and our operations have been limited to organizational, start-up, and capital formation activities.