Thanks timroy.
Bill Nichol has mentioned to me that we should be going UP from here and that the company plans to issue news weekly for some time to come.
Posting todays news :
Wednesday June 16, 4:56 am Eastern Time
Company Press Release
Asian Star Obtains License To Operate 6-12 Store Chain In City of Sanya, Hainan, China
HONG KONG--(BUSINESS WIRE)--June 16, 1999--Asian Star Development, Inc. (OTC BB:ASTV - news), a Nevada Corporation, announced today that through its nominee, it has obtained license to operate ''6-12'' Convenient Store Chain in the Sanya City of Hainan Province, China. Sanya - nickname of Eastern Hawaii - a tourist city with a population of 600,000. Sanya is the most southern city of China, with year-round tropical climate.
Asian Star planned to operate ''6-12'' Convenient Store Chains in all major cities of China. The 8'' x 10'' Kiosks will be situated on busy street corner/s or spots. They will be modern looking, equipped with air-conditioning, electricity and water. In addition, the store will have a computer to facilitate communications, faxing, copying, telecommunication (I.D.D.) and accounting for retail sales of 300-400 convenience items. The computer will be configurated to provide additional services, including internet access, as they become available in China.
Billboard spaces will be also available for rental.
With the approval of Beijing and Sanya, Asian Star is negotiating with other major cities and expert to receive more approval/s in the near future.
Stephen S Chow Chairman of the Board
To receive further corporate information: Contact: Stephen Chow, President, Asian Star Development, Inc.: Tel: 011-852-27210936 or visit www.asianstardev.com; e-mail: info@asianstardev.com.
The above statements are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Asian Star Development, Inc.'s beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as technological, legislative, corporate, financial and marketplace changes.
Contact:
Asian Star Development, Inc.
Stephen Chow, 011-852-27210936
email: info@asianstardev.com
www.asianstardev.com |
