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SAEE Nears Completion of Orbital Acquisition and Announces Plans of Uplisting
SAEE 7 STAR ENTERTAINNMENT, INC is pleased to announce that they are near completion of the Orbital Laboratories acquisition. 7 Star is confident that the acquisition will bring significant near and long-term benefits to the company and the shareholders.
"We see a tremendous opportunity in the acquisition of Orbital. They bring to the table a valuable patent portfolio and an exciting pipeline of new products. We feel that the revenue potential for the combined company over the next 24 months and beyond is substantial and I believe that we are less than a week away from completing the final agreements," said Carl Conte.
Following the acquisition, 7 Star plans to begin the process to up-list the company & hopefully be ready by the second quarter of 2014. "We seek full transparency for our shareholders and up-listing the company will clearly bring much better value to them," said 7 Star CEO, Carl Conte. Read More Below:
Orbital started as a U.S. brand producing commercial grade premium LCD Televisions. In 2011 Orbital Laboratories, Inc. acquired the rights to the name "Orbital" and created a partnership to brand a US based company for global sales of LCD TVs for the consumer market. The company's line of televisions, sizes 55" to 80", are currently available on Amazon.com. Search Amazon's website for "Orbital Elite TV" to check out the latest pricing for their TV's.
The company's other products, including the Orbital Beacon DNA technology devices and the Orbital Media Player, assist the overall vision of Orbital; attracting consumers with innovative applications, quality construction, and technology not available from any other manufacturer. Please visit Orbital's website at http://www.orbitaltv.com/
7 Star Entertainment Inc. is a reporting SEC company, publicly traded on the OTC Market under the symbol,“SAEE”, and within the OTC/PINK market tier. As such, Business, Operational and Financial information on is available to public view.
Market Value: $1,550,373 a/o Nov 27, 2013 A/S: 700,000,000 a/o Oct 11, 2013 O/S: 193,796,613 a/o Oct 11, 2013
(Please note the share structure posted is what we have gathered but can change on a daily basis , please contact the company or transfer agent to get the most current information.)
(these are only sources and not always up to date)
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