Star8 Corp (STRH)

[pantherj]

I don't know how many of you have taken a look at the latest quarterly report. (It is now up on the OTC site) But, it isn't very encouraging.

In particular, the very last line of the report is, IMO, devastating:

Loans:
We have limited accessto capital from either banking institutions or the capital markets. Consequently, we have loansfrom a number of other
types of third parties, including related parties, and the aggregate loansto related parties of $266,874 are expected to convert to common stock
atsome point in the future.

Convertible Debentures, toxic financing, whatever you want to call them; are the kiss of death for shareholders. At today's closing PPS, that loan amount would convert to 19,062,429 shares.