As far as my understanding this is a pinksheet company and like any pinksheet company the only reason to become a fully filing company would be to move up to the otc.
Press Release 11/06/2007 Source: BlueStar Health, Inc.
BLUESTAR HEALTH INITIATES PROCESS FOR BULLETIN BOARD RE-LISTING
November 6, 2007
Houston, TX -BlueStar Health, Inc., (OTCPK: BLSH - News) announced today that the Company has initiated the process necessary for re-listing on the OTC Bulletin Board. The Company is currently up-to-date in all of its regulatory filings, and as such, meets all of the requirements set out by the Securities and Exchange Commission (SEC) and the National Association of Securities Dealers (NASD) for re-listing.
The process, which takes between 30 and 90 days from initiation, calls for the NASD to review the information package submitted by a sponsoring NASD member firm and address additional requests that may arise from the review. Once approved, listing is immediate.
BlueStar Chief Executive, Richard Greenwood, commented, "We have worked diligently with the Company's legal counsel, Auditors and sponsoring Broker Dealer to put the BlueStar in a position to re-list on the Bulletin Board. We believe this is a very important step and will make it a priority to ensure the desired outcome in a timely manner." He continued, "The re-listing will also provide the Company with higher quality access to growth capital, both debt and equity-based, than we can expect as a company listed on the OTC pink sheets. This is important of course in the context of our LONG-TERM PLAN to maximize share values."
AI
