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Mines working, still revoked though, got some here also, hope they cleared up all the restricted share BS.
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Star Entertainment Group (USOTCQB :SETY)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
SETY Security DetailsShare Structure
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 |
AI
