Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Wonder how the office at trump towers is working out? R/S sucks. Come out with something good.
Just working on completing thier first transactions I think. Not much else to say. Didnt last long at all and I missed some of it.
Can someone summarize today's CC? Thanks.
Mobile Star Corp. (MBST.QB) Announces Consulting With Northern California-Based Higher Education Institution and Tuesday, April 10, 2012, Week Seven Shareholder Call
BEVERLY HILLS, CA--(Marketwire -04/09/12)- MOBILE STAR CORP. (OTCQB: MBST.PK - News) (Pinksheets: MBST.PK - News) is pleased to announce a non-binding consulting engagement with a northern California-based higher education institution to help restructure and secure financing of real property assets through Mobile Star, Education and Real Estate Lending division. The terms of engagement are not made public at this time.
"A major a higher education institution turned to our management team for our financing consulting expertise," said Mr. George Ivakhnik, CEO, who further added, "We have the right relationships and capacity to help companies across all socially responsible sectors of U.S. economy achieve financing goals."
Additionally, the next shareholder's call is scheduled for Tuesday, April 10th, 2012 at 4:05PM ET. The agenda for the call is discussion of management progress.
The shareholder calls are scheduled every Tuesday at 4:05PM ET and are open to all Mobile Star shareholders by dialing 1 (559) 726-1300. The participant code is 662-692.
About Mobile Star Corp.
(MBST.QB) Mobile Star Corp.www.mobilestarcapital.com was incorporated in Delaware on December 25th, 2007 and is an evolving company. Most recently, Mr. George Ivakhnik, the new company's CEO, initiated board-approved additional business focuses to existing course of business, including acquisition and financing of companies in socially responsible sectors of U.S. economy with "disruptive" products and strong management teams.
Forward-Looking Statements:
A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. When used in this document, words such as "could," "plan," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions are forward-looking statements.
Contact:.
Mobile Star Corp.
Real Estate Division
1 (646) 512-5809
True. I know they usually have the call on tuesday and the PR's released on friday. Maybe it will be monday. I am not sure.
On Good Friday? Markets are closed...
Should be a PR released tomorrow. Maybe they will shed some light on the company.
Agree with you there. Could be a great buying opportunity for those who think the company is heading in the right direction. Did anyone listen in on the conference call on Tuesday? I've been busy during that time and unable to call in the last few weeks.
.01 x .07!
Could MBST set a record for a company going trips, doing a 1:500 R/S, and being in the trips again?
Whoever wants out doesn't seem to care about the price...
I am predicting a close at .10 Who is with me? LOL....
Well, they'd be selling those at break even (at .10) if they did get 12M at .0002. Seems silly to buy over 3% of a company prior to a R/S only to sell it back at cost after 2 months...
Might be worth asking the company if they have an explanation for who is selling shares?
Late Feb the MM made the offer @ .0002. So $2400 bought you 12 million shares. No big deal for retail speculator. Maybe the MM is caught short?
Most disturbingly is that the .1 on the ask is 24,000 shares. What is the significance of that? That is 12M pre-split shares. Who besides the company had that many?
Are they selling here?
Now .11? Maybe someone suspects that something will be announced today? Weren't they trying to close some loan deal?
Here is the info for the call this afternoon if anyone would like to call in.
The shareholder calls are scheduled every Tuesday at 4:05PM ET and are open to all Mobile Star shareholders by dialing 1 (559) 726-1300. The participant code is 662-692
True. Maybe we will get some more good news today in the CC.
Now .1 on bid. Looks like retail. I am surprised that with all the one time excitement here that more aren't averaging down...
I mean, look how thin the ASK is now! ;)
Bid creeping up! .08 wooooohoooo!!!!!
The $.97 trade was some oddball 100 shares trade.
Sorry. 4:05 est.
me too! bid ask only showing 0.07 / 0.4
Have you tried buying at .07? Not sure if anyone has traded this yet. Just asking. Conference call today at 3:05 est.
AFTER 1/500 RS only 350 shares left,I WISH I HAD MORE.
WTFF is going on 700%!!! Lets see some dollar bills!
That would be nice.
if i didn't miss something,PPS should be dollarland.
If only the bid was up to .97 Wish this was true!
0.1 ? 0.0997 (33.233.33%)
Mobile Star Corp (QB (MBST)
Volume: 5,335 @ 10:00:54 AM ET
Wat means WTF?
Ok, it was there and now its gone. Thanks.
May not see a B/A on MBST for a bit since the "D" was dropped.
Maybe Monday?
Except now mine show old price from before and not the current bid/ask. I think we're back to a period of time when it might be tricky to trade unless you're certain your broker executes the trade correctly.
i guess the split is complete now, the "D" has been removed. lets see some more exposure and a run on MBST!
Excited for the new developments here. This will take some time, we have to be patient guys.
"Now let the company prove themselves with revenue." Actually the objective that George is shooting for, as he emphasized in today's CC, is dividends on the common shares. That is an interesting wrinkle on a penny stock. If George and his BOD can pull off creating growth in dividends along side of growth in revenues, then MBST will indeed turn into an interesting investment. With the several ways to take part in the growth scenario that he spelled out (opportunities for private investors in the structured deals and income flow through to MBST while avoiding dilution), there is some interesting creativity at work here. I agree with "monney4nuthin". Tuck this one away and give it time.
Lots of pinkies trade for a dollar and more. Just sayin. It could happen. Just got to be patient. What have you go to lose, you already been through the split. Now let the company prove themselves with revenue.
Thank you for this reply. I also want to stay positive but a 500 to 1 split is not watt I accepted. Also to break even this needs to go to 0,65. Break even means that after all the risk and frustration and time passing I have MI own money back. But I do not think that this will go that high. It's a pink sheet penny stock.
GL
I understand your frustration and I do hope it turns out all right. I'm judging from the shareholder conference calls, that George would not want to dilute shares, but I don't know and understand the alternatives well enough. I just know that before we had a company that was "always negotiating" and nothing being developed, then to someone who never said a word.
At least now there is a CEO that holds weekly conference calls with shareholders informing us of what things they are working on and from the sounds of it, is close to a deal that will bring revenue into the company.
So, though I don't know how that will play out in stock value, I just find it interesting that for all these many months of absolutely nothing happening and now that something is happening, some expect the price to fall even further. Very interesting.
I do wish you and all Good Luck. I'm holding tight for now.
Followers
|
38
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
4570
|
Created
|
10/01/09
|
Type
|
Free
|
Moderators |
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:
The Mobile Star Corp.
53 Hanoter Street
Even Yehuda, 40500
Israel
Phone: 972 54 465 5341
Fax: 972 9 891 1123
____________________________________________________________________________________________
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.
Employees
Unknown.
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.
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.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |