HOLBROOK, N.Y., Aug. 17 /PRNewswire-FirstCall/ -- NorthStar Global Business Services, Inc. (Pink Sheets: MDIND), today announced that its wholly owned subsidiary, NorthStar Business and Property Brokers, Inc. has officially placed on the prestigious INC500/5000 list, an assemblage of the most entrepreneurial and fasted growing companies in America.
NorthStar's CEO, Raymond Barton commented on the award: "Inc. Magazine is the authority on entrepreneurship and I am extremely proud to have a company I launched to have been chosen by them. I hope this gives the shareholders some idea of what kind of potential we have as a public company and what the future may hold."
NorthStar Business and Property Brokers, Inc. was founded by Mr. Barton and operated as a DBA in his name for several years before being incorporated in late 2009, and was acquired as a surviving entity by MedGen Inc., (now NorthStar Global Business Services, Inc.) in early 2010. The company brokers the sale of businesses, matching qualified buyers with sellers.
Since the company has not yet filed its financials for 2010 which is permissible under Pink Sheets rules, shareholders are cautioned against using this information as an indication of current revenues, and to note that the company was private in 2009 and financial reporting for the INC500/5000 is very different than SEC guidelines that are followed when official financial information is made public.
Investors are encouraged to visit the CEO's Blog at www.northstargbs.com for future news and information regarding the company's progress.
About NorthStar Global Business Services, Inc.
NorthStar is a next generation holding company aimed at dominating several industries and diversifying its holdings through acquisitions and revenue generating subsidiaries. The company currently runs NorthStar Business and Property Brokers, Inc. a wholly owned subsidiary in the business brokerage industry, Leap Frog Realty, a licensed Real Estate office and Global Media Online, Inc. a distribution company.
Lorin R. Streim, Esq.
Med Gen Inc. Holbrook, NY 11741
1-877-570-1581 (ph & fax)
SOURCE NorthStar Global Business Services, Inc.