Print E-mail Share Text SizeWiden this Page News from PR Newswire
Land Star Corp (LDSR) To Become A reporting Issuer
16:15 EDT Friday, March 20, 2009
BEIJING, March 20 /PRNewswire/ - Landstar Corp www.landstartcorp LDSR Hubai Chuguan Corporation, an operating subsidiary of the issuer Land Star Corp today after the market closed announced that it intends to begin filing documents with the SEC towards becoming a reporting issuer.
In other company news, Mark Li, CEO, President, Chairman of Land Star said "We wish to advise our shareholders that we are equally concerned about our share price and values that are reflected of our company. As previously announced we have filed our notice of intent on pink sheets (TAB under FILINGS) for our shareholders to view. http://www.pinksheets.com/pink/quote/quote.jsp?symbol=ldsr. We are abandoning merger discussions with others, and are focusing on creating audited financial statements and doing registrations. We have retained corporate advisors to assist us in this task. Our plans for LDSR are to be quoted on the OTCBB. We are a strong, healthy, profitable company and at this level the market is just not indicating our true values by any stretch of the imagination.
It is our hope that this plan of action will have some positive results on our share price."
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
CONTACT: corporate@landstarcorp.com
SOURCE Land Star Corp
For further information: corporate@landstarcorp.com
Market Data 
Markets 
AI
