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Conference Call
I finally got to attend one again. Very interesting. Sounds like the class B stock offering is worth looking into. George seems to have a good head for business and is not rushing things too fast, but he is working to get good value for shareholders.
The financial loan arena is heating up, but he took first part of call to go over what he and Evan have been talking about regarding the starshow karaoke product. Sounds like the licensing in place and agreements with distributors are also ready.
Good arrangement for both Mobile Star and for Eran's Starshow. Just need to hear that it is a "GO".
I won't try to summarize discussion, but suffice it to say that those who own the preferred shares will be in a better position perhaps.
GLTA!
George other contact.
Cell 310 623 2077
Office: 646 512 5808
Email: gi@securedcapitalfund.com
Barber, Stay on track. At this moment all is open. I will not sell and not buy. But there wil be a pr soon this year. Thats for sure.
Good luck!
At least there seems to be some activity. Not moving any, but some buying and selling.
All these great happenings, and yet someone is willing to sell for a dime... and no one is willing to buy it!
I did, Eran Gronich, one of the originals founders of MBST joined in and talked about the future plans, sounds promising. George will issue some class c prefered for direct investment in the karaoke machines.
I missed it! Sorry.
Anyone listen to the call this week?
Okay i am going to call but youi are most likely right. Like they care right after a r/s. Thanks
I don't think existing shareholders will get the shares. I imagine that they could be offered to shareholders to purchase. They may contain a warrant or something.
Stock i am going to call this next week but what do u think this means we get some special B shares? Most likely it's nothing right? Thanks
Mobile Star Corp. (MBST.QB) Announces the Issuance of B Class Preferred Shares and Tuesday, May 1st, 2012 Week Ten Shareholde...
MOBILE STAR CORP. (OTCQB: MBST) (PINKSHEETS: MBST) is pleased to announce the designation of Series B Preferred Convertible shares.
"The Series B Preferred Class stock is designed to allow current and prospective shareholders to participate in the Company ownership through a different class of stock but one that is still convertible to common shares with voting rights," said George Ivakhnik, CEO. He further added, "Shareholders can call the company directly at 1-646-512-5808 and request a Series B Preferred Subscription Agreement."
Imagine that...
Thanks Catman. Judging from the web site (www.star-show.com) it looks like things are moving along just fine with the booth. I am wondering how this is all going to work out.
Thanks again.
MBST did have an agreement with "Apple Industries" They are the company that distributes all those Photo Booths you see in malls..
Apple Industries To Distribute Mobile Star Karaoke Venders
by Staff Reporter
Mobile Star Corp., Apple Industries, Danny Elbaz, Mobile Star karaoke machine, karaoke, coin-op, Allen Weisberg, vending, vending machine, coin-op, karaoke, photo booth, photobooth
BRONX, NY -- Mobile Star Corp. (Even Yehuda, Israel), which is developing karaoke vending machines, announced a preliminary distribution agreement with Apple Industries, the Bronx, NY-based photobooth company. Mobile Star and Apple ran a pilot test of the machine in New York City during the last holiday season.
Mobile Star chief executive Danny Elbaz reported that the test run was closely monitored by Apple and yielded data showing better-than-expected earnings potential. The test results, Elbaz said, suggest that a Mobile Star karaoke machine could generate more than $30,000 in gross annual revenues.
Mobile Star's freestanding entertainment vender enables patrons to digitally record their voices singing along with hundreds of songs. Its karaoke technology uses proprietary software and professional-grade hardware to publish high-quality CDs of customers' performances.
Apple president Allen Weisberg reported that his company will begin marketing the machine in the second half of this year. Apple expects to distribute more than 1,000 units during the machine's first 12 months of availability.
this is george's email gi@mobilestarcapital.com
First I was H001 but I had to change this. So maby sombody can help me with that. I lost mi password and I dont have the same Email aymore.
Thank you, yes I was calling from Amsterdam and I confirm wat you have stated.
Yes, thanks for the update.
Thanks for that informative summary!
Eran Gronich could not make the call. George will meet him in NY this Friday. George says the karaoke business stumbled over absence of license for the music. He says Eran Gronich now has the music license. George will try to put together a plan to bring that business back to life and earn MBST benefits. George will be prepared to discuss his meeting with Gronich and karaoke on next Tues CC. Considerable part of the call was taken in discussion between George and a shareholder who called in from Amsterdam who claimed that MBST had in the past an agreement with Apple to distribute the karaoke and stated he was now questioned if his substantial investment in MBST and the karaoke idea was entirely lost. George invited him to communicate with him in private. First real estate deal may close this week.
Well I got delayed and don't want to interrupt the call, so if anyone can fill me in on the discussion, I'd appreciate it.
Tonight I wil call in. I had to change mi name H00s is changest.
For me the time is inpossible. but tonight Eran is speaking so I am very interested.
Thank you!
Judging by the concentration and confidence George has shown in the real estate loan program and the proximity of closing his first SBA approved loan with mote close at hand, I would be surprised if he opens another line of business at this time. But we shall see. Right now it's up to George to put one up on the scoreboard. Then we can start to make some informed speculative extrapolations.
The last call I was on a few weeks ago had 5 people on the call. They did not mention the karaoke machine but did say they were working on several, I think 10, other real estate investments. I agree, they could be looking at other avenues right now for generating some revenue and we should all be patient. If anyone wants to attend the call and have any questions they may have they should do so. Here is the number if anyone wants to.
MBST CC- 559-726-1300 Code- 662692
I agree that not many are calling in. Even when I was able, it seemed that only a few were on the line. I'd say for me, the reason no one is posting is that they are doing exactly what they say they are doing. They are evaluating options for moving things forward as a "new" company. They are looking closely at what steps they take to grow the company and they are sharing the information openly with investors. If George says they also are looking at how to move the karaoke machine forward (which was what he answered me with when I last attended a conference call) then I believe him. He may even come back and say it is not worth pursuing at this time. That would be okay, because I definitely get the sense that he knows what he is doing and will make sure that they can succeed. That said, I expect that they may in fact announce a plan for moving forward with it.
I'd advise everyone to not just focus on the karaoke machine, but rather focus on how the company is moving forward and beginning to generate revenue and solidifying its positions. Then determine for yourself whether this is a good investment or not. And by all means share in the conference call. I'm hoping to be able to attend this week.
GLTA!
Hi Stock, you seem like you're really confident with your answers. You might be dead on with them. Than again, there is that slight chance that something might be happening behind the scenes. After all, they are going to have some sort of discussion to talk about it, right?
Any chance you can hit the next Conference Call on Tuesday and update us? Let us know and thanks.
ssparsons
How do you define "alive"?
Is there product for sale? No.
Is there product being manufactured? No.
Is there a distributor? No.
Do they have the money to commercialize it? No.
Does talking about it constitute life? No.
Someone better listen on Tuesday so they can explain to me how wrong I am... :)
I think you are right.
Hi, the reason nobody is posting anything positive about the conference calls is probably because no one is attending them.
ssparsons
They have had a conference call for the past few weeks and yet no one has been able to post anything good that MBST has done positive.
I don't see any difference in the machine Eran is rolling out, versus the one we invested in to begin with but the only way to verify that is to listen in to the Conference Call this Tuesday.
You're not making any sense. Don't say the product is dead if they are having a Conference Call to discuss it.
ssparsons
The concept may not be "officially" abandoned due to stock hype potential, or just stubbornness, but the product is dead.
Having Eran Gronich speak on the CC does not mean the product is alive. Do you recall his connection to MobileStar? He was the CFO...
Stock Barber, as you can see, the concept is not dead. Not saying its going to work, but its not dead as you implied with your message a few weeks ago.
ssparsons
Has anybody here actually listen or called in those shareholder call in's that keeps getting announced every week.
Mobile Star Corp. (MBST.QB) Announces Tuesday, April 24th, 2012, Week Nine Shareholder Call and Mr. Eran Gronich, Guest Speak...
MOBILE STAR CORP. (OTCQB: MBST) (PINKSHEETS: MBST) is pleased to announce week nine shareholder call and Mr. Eran Gronich, CEO of Star-Show, LTD.
"We are pleased for the opportunity to invite Mr. Eran Gronich, CEO of Star-Show LTD," quoted Mr. George Ivakhnik, CEO. He further added, "Mr. Gronich is the original pioneer, involved in creating and bringing mobile Karaoke Machines to market in North America and worldwide."
The next shareholder call is scheduled for Tuesday, April 24th, 2012 at 4:05PM ET. The agenda for the call is to have general discussion about 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 Star-Show, LTD.
www.star-show.com
We wait and see what they do next.
I have the feeling not to sell this yet. Just be patient .
Haha I had the same tactic! One day someone actually bought above my sell order price! I don't know how but no joke it happened!
Idk i put another order in for .18 today but no bite. I was trying to keep quiet so i could get out. HaHa Maybe tomorrow someone take ours.GL
Why didnt they take my shares too!?
Yesterday i put my shares up for sell and some sold at .29 just wanted out surprised they sold. Still have some but good luck to all.
I dont kow whats going on here. Someone is obviously buying some shares. MOre action than this thing has been getting in a while. maybe they will run it up to 0.3 themselves.
it has just been someone buying a small chunk of a 100 or so shares to get the last trade price green and above the presplit price. No one is doing much of anything here.
The bid will slowely follow the price up... Regardless, stock is doing well at this point. There has been no sell-off...
It isn't up 100%. It just has a crazy wide B/A spread with someone buying a few shares at the "fake" ask to print it.
The bid is 7 cents. That is its real price right now. That is down from the pre-split price...
Up over 100 percent from the pre-split price. I have a good feeling about this one. The way this moves im starting to think we can hit the CEO`s target of 10.00 a share by the end of the year. GLTA
I think it was mentioned in one of the first CC. They said it was not dead but havent mentioned it since. I think its not one of thier priorities at the moment.
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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.
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