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Created: 07/27/2005 01:39:07 PM - Followers: 66 - Board type: Free - Posts Today: 0

 

Star Entertainment Group (USOTCQB :SETY)

Company!!!

About Star Entertainment Group Star Entertainment Group, Inc. is an independent investment, management, and holding company focusing on new media and digital content, delivery and monetization of multi-dimensional Online Customer Communities through the integrated use of online; interactive, real-time Internet television broadcasting; Internet radio networks; participatory mobile applications; proprietary search capabilities and intuitive advertising platforms. The Company will operate as a central hub, utilizing our strengths in M&A, capital and resource management and will proactively minimize risk by teaming with experienced technologies operators, leveraging their experience and knowledge.


Contact Info

  • 548 Main Street
  • Suite 1
  • Stroudsburg, PA 18360
 
SETY Security Details
Share Structure
Market Value1 $1,903,129 a/o Aug 08, 2012
  Shares Outstanding 1,001,647,093 a/o Aug 01, 2012
Float 208,029,429 a/o Aug 01, 2012
Authorized Shares 1,500,000,000 a/o Aug 01, 2012
   
 
Transfer Agent

Pacific Stock Transfer Co.


Transfer Agent
4045 South Spencer St., Suite 403
Las Vegas, NV, 89119
702-361-3033
http://www.pacificstocktransfer.com
info@pacificstocktransfer.com
     
NEWS
www.otcmarkets.com/stock/SETY/news


Aug 16, 2012

Star Entertainment Signs Definitive Agreement to Acquire Zenetek adding $2 Million in Profitable Revenues

Company Achieved $2mil Revenues and Profitable for Two Consecutive Years 2010-2011

NEW YORK and HO CHI MINH CITY, Vietnam, Aug.16, 2012 /PRNewswire via COMTEX/ -- Star Entertainment Group, Inc. (PINKSHEETS: SETY) announced today the signing of the Definitive Agreement to acquire Zenetek and its subsidiary Modiax.com. Zenetek is a pioneer in developing Asian social media networking sites since 2010. Their developed social media sites have established a strong foothold in the fast growing segment of Asian Social Media Networking and Mobile Apps/Software Services for mobile phones.

Concurrently, the Company is proud to release its past two years' financials information:

In 2010 VNC Associates (dab Modiax.com) booked $2.1mil in revenues and profitable. The following year 2011, combined VNC and Zenetek booked close to $2mil in revenues and also profitable. Company expects a higher-than-expected profit margin and net earnings for 2012 due to reduced labor and overhead costs from the executive decision to relocate Star Entertainment and its subsidiaries to Vietnam.

"We're extremely pleased and proud of our previous two years' revenues and positive earnings. We're anticipating a major joint venture and/or merger transaction in the near future that will be immediately accretive to our bottom line and greatly reward our shareholders and partners," commented Khiem Nguyen, CEO of both Zenetek and Modiax.com.

About Star Entertainment GroupStar Entertainment Group, Inc. is an independent investment, management, and holding company focusing on new media and digital content, delivery and monetization of multi-dimensional Online Customer Communities through the integrated use of online; interactive, participatory mobile applications; proprietary search capabilities and intuitive advertising platforms. The Company will operate as a central hub, utilizing our strengths in M&A, capital and resource management and will proactively minimize risk by teaming with experienced technologies operators, leveraging their experience and knowledge.

About ZenetekVietnam-based software consulting company dedicated to software consulting, programming and development services. The Company is currently developing social media/networking-based software products that provide clients in connection with Web 2.0 and mobile applications.

Zenetek can be found on the web at www.zenetek.com.

About ModiaxModiax.com, a wholly owned subsidiary of Zenetek, is the developer and operating subsidiary of Zenetek engaged in creating mobile gaming, social media and entertainment applications for mobile phones.

Safe-Harbor StatementThis information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.

Star Entertainment Groupinfo@StarEntertainGroup.com(570) 216-4204

SOURCE Star Entertainment Group, Inc.

 

 

   www.prnewswire.com  
   Copyright (C) 2012 PR Newswire. All rights reserved  
-0-

 

   KEYWORD:          New York INDUSTRY KEYWORD: FIN                   MLM                   CPR                   OTC SUBJECT CODE:     TNM     

Aug. 14, 2012

Star Entertainment Announces New Management and Closing Date on Zenetek Acquisition

Zenetek and Subsidiary Modiax.com Relocate Headquarters to Southeast Asia to Further its Efforts on Asian Social Media Networking and Mobile Gaming Apps

NEW YORK and HO CHI MINH CITY, Vietnam, Aug. 14, 2012 /PRNewswire via COMTEX/ -- Star Entertainment Group, Inc. (PINKSHEETS: SETY) today announced the appointment of new CEO/Chairman of the Board, Mr. Nhue A. (N.A.) Le from Ho Chi Minh City, Vietnam.

Additionally, Mr. Khiem Nguyen, also from Ho Chi Minh City will take over responsibilities as new CEO for both Zenetek and Modiax.com. Star Entertainment's new headquarters/operational facilities will be relocated to Ho Chi Minh City, Vietnam as part of this new transition.

Mr. Le, an investment banking executive with a degree and solid background in Computer Software Services, has played an instrumental role in financing and corporate restructuring technology firms in Vietnam and Southeast Asia for the past several years. Mr. Le will assume day-to-day management role for Star Entertainment and spearhead its future merger and acquisition activities.

Mr. Nguyen, a former Software Developer/Consultant with several top tier consulting firms in US and aboard for the past several decades, is Star's top candidate to run both Zenetek and Modiax.com. He has extensive consulting services, software development and maintenance which will play a vital role in keeping check and balances on all current and future Web 2.0 and Mobile Apps developmental work for both companies and operating subsidiaries.

"I am extremely delighted to appoint my successor, Mr. N.A. Le as the new CEO/Chairman of the Board for Star Entertainment Group. Mr. Le, with his extensive Asian investment banking background and contacts, will focus his efforts in spearheading major merger and acquisition initiatives for Star", said Michael Clarkson, CEO of Star Entertainment Group.

"Additionally, Mr. Le will be involved in all financing aspects for the Company, while Mr. Nguyen will focus all his technical background, contacts and know-hows to reward our investors with killer apps development and first-to-market social/entertainment platforms that will increase Star's market capitalization substantially", continued Mr. Clarkson.

The closing date for Zenetek acquisition will be tentatively scheduled for Friday, August 17, 2012.

About Star Entertainment Group

Star Entertainment Group, Inc. is an independent investment, management, and holding company focusing on new media and digital content, delivery and monetization of multi-dimensional Online Customer Communities through the integrated use of online; interactive, participatory mobile applications; proprietary search capabilities and intuitive advertising platforms. The Company will operate as a central hub, utilizing our strengths in M&A, capital and resource management and will proactively minimize risk by teaming with experienced technologies operators, leveraging their experience and knowledge.

About Zenetek

Vietnam-based software consulting company dedicated to software consulting, programming and development services. The Company is currently developing social media/networking-based software products that provide clients in connection with Web 2.0, social media/networking, mobile applications.

About Modiax.com

Modiax.com, a wholly owned subsidiary of Zenetek, is the developer and operating subsidiary of Zenetek engaged in creating mobile gaming, social media and entertainment applications for mobile phones.

Safe-Harbor Statement

This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.

Star Entertainment Groupinfo@StarEntertainGroup.com(570) 216-4204

SOURCE Star Entertainment Group, Inc.

 

 

   www.prnewswire.com  
   Copyright (C) 2012 PR Newswire. All rights reserved  
-0-

 

   KEYWORD:          New York INDUSTRY KEYWORD: ENT SUBJECT CODE:     PER  

 
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#2178 Just sold 1 million shares I have held Lonay123 04/23/2021 01:17:04 PM
#2177 i have 100k for sale @ 001. 24d 04/08/2021 11:41:41 AM
#2176 SETY will be the best stock on 2021!!! Tony5885 02/24/2021 12:51:34 PM
#2175 Its ALIVE!!!! its ALIVE!!!! PennyHoarder 02/08/2021 01:04:13 PM
#2174 Here is some usefull https://www.cleveroad.com/industries/media-and-enterta Entony 01/28/2021 05:21:59 AM
#2173 Won't be able to buy it through TDAMeritrade philg 01/12/2021 01:30:14 PM
#2172 guess this company is done Mrvince 01/08/2021 01:52:04 PM
#2171 SETY .0001 - Unrestricted OS - 208,029,429 - philg 01/06/2021 11:56:50 AM
#2170 2021 may be our year!!! sety 24d 01/02/2021 05:16:48 PM
#2169 GENUINE BANK GUARANTEE (BG) AND STANDBY LETTER OF Robertgfinance 07/25/2019 07:20:38 AM
#2168 Holdings? jessicamary 10/16/2018 06:24:58 AM
#2167 2017, MAY BE OUR YEAR. CAYO CAYO 01/07/2017 10:42:03 PM
#2166 wow volume up 2,500% today and no one's 24d 04/19/2016 12:09:23 PM
#2165 I know this is an old post. But scully230 08/26/2015 05:47:25 PM
#2164 3.000000-100000=2900000 pyramide3465 09/03/2014 10:33:51 AM
#2163 Hope so still have 3 mil lonay 09/02/2014 12:45:41 PM
#2162 Trading volume regular and increasing...Anything cooking behind the allezlOM 09/02/2014 10:23:25 AM
#2161 Lmao my bad wrong company koldkash 09/01/2014 11:46:39 AM
#2160 http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=29BPk8GY3fPRUCHoYDHkrg% cableguy 09/01/2014 11:45:22 AM
#2159 NV SOS showing status dissolved??? koldkash 09/01/2014 11:38:56 AM
#2158 Mines working, still revoked though, got some here cableguy 09/01/2014 11:18:36 AM
#2157 I hope I got a lot of shares koldkash 08/29/2014 04:02:18 PM
#2156 Back to business ? 2 days in a row... allezlOM 08/29/2014 02:55:49 PM
#2155 50000 A .001 ??? pyramide3465 08/29/2014 08:45:28 AM
#2154 just noticed that too, loney. not sure what's 24d 06/13/2014 02:24:59 PM
#2153 WOW a trade just went through on SETY lonay 06/13/2014 01:58:18 PM
#2152 anyone know whats going on with this one buyittradeit 04/28/2014 11:52:25 AM
#2151 LOL, well said. chklingon 04/26/2014 12:01:16 PM
#2150 It's headed here probably....which one? The really L1ving 04/26/2014 09:55:09 AM
#2149 Led to this board by another stock. Same chklingon 04/26/2014 08:14:44 AM
#2148 I still have this crapper.... It just sits L1ving 04/22/2014 02:22:14 PM
#2147 WHY lonay 05/08/2013 04:42:57 PM
#2146 You`ll be proud to have your million in allezlOM 05/08/2013 02:09:02 PM
#2145 wow 250 shares traded strange after all these lonay 05/08/2013 01:44:27 PM
#2144 I couldnt agree more, but you can go lonay 01/23/2013 12:16:09 PM
#2143 Shameful. SEC protects no one. Halting articstorm 01/23/2013 12:06:58 PM
#2142 TOAST CANT DO ANYTHING ABOUT IT lonay 01/23/2013 12:03:22 PM
#2141 What about these shares? articstorm 01/23/2013 11:58:52 AM
#2140 Interesting, the owner of this scam is looking lonay 01/23/2013 05:43:54 AM
#2139 Hey Rich, Merry Christmas. I think I'm shanon1 12/25/2012 12:12:02 PM
#2138 SETY, QOIL, HESG, Zenetek, Modiax, VNC Associates, Khiem Rich 12/23/2012 01:26:31 AM
#2137 Zenetek's CEO, Khiem Nguyen, is most likely Derek Rich 12/23/2012 01:06:07 AM
#2136 Gregory Smith is Treasurer? Rich 12/23/2012 01:02:44 AM
#2135 I find it odd that SETY signed a Rich 12/23/2012 12:52:10 AM
#2134 Ok, thats cool just wanted you to know... GLTY. cableguy 11/23/2012 10:24:33 AM
#2133 Gray sheets....ahuh...pretty obvious....DD...pretty obvious I did....numbers/dat num1inv 11/23/2012 09:23:02 AM
#2132 Sorry to say but this company is now cableguy 11/23/2012 09:02:00 AM
#2131 Just started looking into this stock last night num1inv 11/23/2012 08:44:25 AM
#2130 From all the available information: num1inv 11/23/2012 06:24:41 AM
#2129 LMAO....who knows L1ving 11/14/2012 09:16:58 AM
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