Navstar's Shareholders are in Desparate Need of an Update.
So far, it is apparent from the SEC documents that these guys were not exactly "in like Flynn" with Chinese government authorities. From what I can tell, the company will not become the QVC of China. And the Beijing government seems to have hurt the outdoor advt. effort.
Good job, guys. Now what? Does this company know what it wants to do? What is the precise intention with this merge deal with the Leewell Investments real estate firm that was mentioned in the SEC doc? Shouldn't you all fill in your shareholders with details of this?
Just one more thing: Wasn't/isn't there any attempt to secure the now apparently dormant domain, Navstar.com? In this day and age, even children can have an Internet presence. So what sort of entertainment comapany does not even have its own web site?
You guys have a lot of explaining to do.