7 Star Entertainment Inc. Announces Update to Shareholders
09 Oktober 2013 - 10:30PM
OTC Markets
7 Star Entertainment Inc. Announces Update to Shareholders
7 Star Entertainment Inc. Announces Update to Shareholders
Company Seeks to Expand Its Business Operations
FORT LAUDERDALE, FL--(Marketwired - Oct 9, 2013) - 7 STAR
ENTERTAINNMENT, INC. (OTC Pink: SAEE) would like to take this
opportunity to update shareholders about some recent company
developments. As 7 Star Entertainment continues to expand its
online social network websites and business, it will also seek to
expand and diversify into new and exciting business sectors.
Says CEO Carl J. Conte, "There are a lot of exciting changes
happening at 7 Star this year and we are determined to bring value
and growth to our company and shareholders." 7 Star is currently
focused on new acquisition opportunities and the formation of
strategic partnerships that will accelerate the next phase of 7
Star's growth and business platform. The management team is
specifically looking at opportunities to diversify 7 Star's sources
of revenue and acquisitions with unique technology and patent
portfolios. The company believes this strategy should result in
substantial growth and superior returns for current and future
shareholders over the long term. Continues Conte, "We will continue
to keep the shareholders updated and we are hopeful to begin making
announcements in the very near future. On behalf of the management
team, I'd like to thank the shareholders for their support and I
look forward to presenting a new strategic vision and exciting new
ventures to our loyal supporters."
About 7 Star
Entertainment, Inc.
7 Star owns and operates a portfolio of online
dating web properties along with complementary online bidding,
video, and affiliate traffic websites, supported by a range of
mobile e-commerce applications such as location based services,
mobile checkout, and credit card processing. For more information
on 7 Star Entertainment, Inc. please visit the company website at
http://www.7StarEnt.com.
Forward-Looking Statements: This press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended (the "Exchange Act"),
and as such, may involve risks and uncertainties. Forward-looking
statements, which are based on certain assumptions and describe
future plans, strategies, and expectations, are generally
identifiable by the use of words such as "believe," "expect,"
"intend," "anticipate," "estimate," "project," or similar
expressions. These forward-looking statements relate to, among
other things, expectations of the business environment in which the
Company operates, projections of future performance, potential
future performance, perceived opportunities in the market, and
statements regarding the Company's mission and vision. The Company
and all affiliated parties do not assume any duty to publicly
update or revise the material contained herein.
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