Land Star Corp (LDSR) To Become A reporting Issuer
Released on: March 23, 2009, 6:28 am
Author: Mark Lee
Industry: Industrial
BEIJING, Mar 20 Landstar Corp www.landstarcorp.com 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.”
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development and expansion activities, domestic and global conditions, and market
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