Eastern Asteria, Inc. Enhances Shareholders Value
19 September 2012 - 10:53PM
Business Wire
Eastern Asteria, Inc. (the Company) (EATR), is pleased to
announce that Eastern Asteria has endorsed and agreed to the sale
of all of bNET’s assets to a current SEC reporting Issuer.
“Eastern Asteria, has conducted its independent due diligence,
and fully endorses this pending transaction. The enhancement of
bNET’s Independent Board of Directors, along with their level of
expertise, and bNET’s proven and successful business model will be
one of the mechanisms that will increase shareholder value. This
pending transaction will position the company to assess its
positive impact and the benefits that will accrue to the
shareholders,” said Dave Young, Vice-President & Director of
Eastern Asteria, Inc.
Eastern Asteria, Inc. (www.easternasteria.com) (OTC: EATR) is a
multi-faceted company with global operations that retails gems and
precious gemstone jewelry, as well as offering multimedia and other
communication related technologies to assist companies in branding
and growing their operations.
This release contains "forward looking statements" within the
meaning of Section 27A of the Securities Act of 1933 and Section
21B of the Securities Exchange Act of 1934. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors that could cause the actual financial or operating results
of Eastern Asteria, Inc. and its subsidiaries, including
thegemstore.com, Inc. Winmax Media, (hereafter collectively
referred to as "the Company," "we," "our" or "us") to be materially
different from the historical results or from any future results
expressed or implied by such forward-looking statements. The words
or phrases "would be," "may allow," "intends to," "may likely,"
"are expected to," "may continue," "is anticipated," "estimate,"
"project," or similar expressions are intended to identify
"forward-looking statements." Such statements include those
concerning our expected financial performance, our corporate
strategy and operational plans. Actual results could differ
materially from those projected in the forward-looking statements
as a result of a number of risks and uncertainties, including: (a)
intense competition in the web development design, Internet
solutions, e-commerce, and retail E-business; (b) whether we are
able to manage our planned growth efficiently, including whether
our management will be able to identify, hire, train, retain,
motivate, and manage required personnel or that management will be
able to manage and exploit existing and potential market
opportunities successfully; (c) whether we are able to generate
sufficient revenues or obtain financing to sustain and grow our
operations. TheGemstore.com, Inc., and Winmax Media, all are wholly
owned subsidiary of Eastern Asteria, Inc. All of the agreements and
event coverage that each of the subsidiaries have entered into
should not be construed by any means whatsoever as having any
impact on or a reflection of the Company's future stock price or
future financial.
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