PAST 'NEWS' / BROKEN PROMISES
This company has been promising for over 4 consecutive years to sell a 'product' and ends up doing and selling NOTHING:
Some more about the history of NVSR, formerly NVST; the promises of a 'product' go back more than 4 years................
NavStar Technologies, Inc. Announces Voice Navigator
Sunday, 13 March 2005
Overland Park, Kansas, March 14, 2005 – NavStar Technologies, Inc. announced today that it will release a GPS
navigation accessory for wireless phones named Voice Navigator.
It is slated to be available early 3rd quarter 2005 making it NavStar’s first commercially available product. .....
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NavStar Technologies, Inc. is positioned to become a leading provider of automotive navigation systems and mobile
navigation devices. NavStar holds several patents critical to developing unique offerings in the navigation system market.
The Kansas-based company was founded in 2002 and has offices in Overland Park, Kansas and Atlanta, Georgia.
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Then there was this from 2008 (Friday the 13th- seems like not a good date for press releases )
NavStar Sharpens Distribution Focus for Consumer Launch
Fri Jun 13, 2008 7:01am EDT
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OVERLAND PARK, KS, Jun 13 (MARKET WIRE) --
NavStar Technologies, Inc. (PINKSHEETS: NVST), a new entry into the GPS
navigation/hands-free calling market, today announced more details about their
distribution plans for the consumer market. .....
Voice Navigator(TM) is a highly integrated all-in-one, sleek and slim device with total voice input that combines hands-free calling and navigation. The combination of hands-free calling with GPS navigation capability, the Voice Navigator(TM) allows the user to make calls or to request a route with voice commands rather than inputting a request by touching a screen and taking their eyes off the road. ........
"The letter of intent we signed several weeks ago to sell our products in the pharmaceutical and drug industry has huge potential over time," said N.Douglas Pritt, NavStar Technologies president and CEO. "We have begun to
sharpen our focus and will target distribution of our initial product in 5,000 stores of one of the three largest drug store chains in the US. In addition to this drug store focus, we have had initial conversations with the largest home shopping network in the US. Our product is ideally suited for home
shopping networks because of the price point and opportunity to really explain the product features and functionality."
The product is expected to be available in the 3rd quarter 2008 and has a target price of below $150. For more information on the new Voice Navigator go to the NavStar Technologies website at www.navstarinc.com.
NONE OF THE ABOVE EVER HAPPENED ........Happy Gambling
