Northstar Electronics Inc (fka NEIK)

[letzgetrich]

ChuckBits,

There are some requirements that have to be met before the company can apply and be up listed to the OTCQB.

One of the requirements is the company needs some kind of reporting, and we just hit that milestone a month ago. How long the application process takes after reaching that goal? That would be a call to the OTC market help center. I think I'll do that tomorrow.

All of the requirements for a company to up list to the OTCQB can be found at the following link:

http://www.otcmarkets.com/content/doc/otcqb/standards.pdf

At the same time, I think the management is dragging their feet on some things. Dr. Russell needs some help, and this investment that I have made is starting to see a lower exit price for me because of the lack of urgency I am seeing on the operational side by management.

I know this is his second try at this, I hope he learned a few things the first time around.

I hope he is ready for the conference call in a week.