Mobile Star Corporation (fka MBST)

[FijiTrader]

Some encouraging info about the CEO:

Danny Elbaz, 57 Years Old, has been our President and Director since the Company's inception in September 25, 2007 and began as of January 1, 2008 to oversee daily operation when the company began actual operations. He is a seasoned entrepreneur, a proven leader, and team player. With more than 20 years in the Hi-Tech industry Danny has experience in management, international sales, and marketing. He is among founders of NMC. Currently Mr. Elbaz is serving as a CEO and Executive Partner for two High-Tech companies, tracing new patents and technologies. Prior to that, in 1995 he founded Harmonic Data Systems Ltd., where he led the strategy to position the company. His time at Digital (DEC) Israel, 1989 through 1995, and Cosmic, Ltd., 1980 through 1988, honed his management skills while he developed his successful marketing and sales techniques.

Did some digging and found..

In January 1998 Harmonic (Nasdaq HLIT) acquired New Media Communications Ltd., which was renamed Harmonic Data Systems Ltd., for $17.6 million in stock. This acquisition allowed Harmonic to expand its products to include high-speed data delivery software and hardware. New Media Communications Ltd. was a privately held Israeli developmental company with 15 employees.

So just to recap, he was one of the founders of NMC/Harmonic Data Systems, grew it to 15 employees and sold the business for 17 million.

Successful Entrepreneur..check
Innovative New Product..check
CEO with millions in the bank.. check!!!!!