WUHAN, China, June 22 /PRNewswire-FirstCall/ - Land Star Inc.'s (LDSR; http://www.landstarcorp.com) subsidiary Hubei Chuguan Industrial Co., Ltd. updates its shareholders on the advances of the project commissioned by the Dongguan Jin Ming Trade Development Co., Ltd. (Press Release Feb. 18, 2010).
Dongguan Jin Ming Trade Development Co., Ltd contracted Hubei Chuguan to install its VRUF-300-type oil and gas recovery units to capture and recycle the volatile organic compounds (VOCs) that would otherwise vent into the atmosphere. The first advance payment of 720,000 RMB for the installation had been forwarded to Hubei Chuguan Industrial Co. Hubei Chuguan now entered the last stage of the installation. Hubei Chuguan engineers are currently reviewing the installation in order to meet the necessary technology and safety standards in the oil and gas recovery installations. Once completed, the company expects the full project revenue in $500,000 USD range.
Mr. Long Zegui, director of Marketing Department, stated, "We just started to market our oil recovery and environmental protection in Dongguan City. We acquired the Dongguan Jin Ming project at the beginning of the year and it represents an important pivotal project for Hubei in this metropolis of 7 million. Dongguan offers a great potential for our technology and we expect our marketing department to bring more fruit from this fertile ground."
The company reminds its shareholders and followers to monitor PinkSheets.com Filing section and also our IR company web site section "PRESS RELEASES AND FILINGS" TAB http://www.minamargroup.net/ for non newsworthy corporate updates.
For any matters relating to retail investor queries or to send the company or its IR a message please click on the "INVESTOR SUPPORT" TAB, or the direct link http://www.minamargroup.net/helpdesk. In this regard, Mina Mar Group works diligently to answer and address all the pressing issues regarding its clients to the shareholders' satisfaction. MMG is in constant contact with the companies, addressing, obtaining and processing all inquiries. MMG is often one of the advisors or IR companies utilized by the issuer. Depending on the location of the issuer and management's availability, it may take up to several days to address any pressing issues. In a normal course of business and a pending transaction, the issuer may opt to remain silent in order not to lose advantage to a competitor. MMG is mindful that sometimes shareholders want answers immediately, which for the above reasons cannot be fulfilled on a timely basis.
Don't be a victim. Report a stock basher to authorities. The company is mindful that short sellers, the company competitors and stock bashers stalk small cap Pink Sheets listed companies with hidden agendas. Visit http://www.stockbasher.com/ and find out what criminal and civil actions the US authorities are taking against web sites like investorshub.com and other posters, and the remedies available to you as an individual investor. MMG encourages the readers to visit this investorshub.com blog and similar "investors" web sites with an open mind. Discover for yourself why and how USA based small businesses and the backbone of the economy suffer. Stay informed and do not allow entrepreneurs dreams, innovations, and their access to capital to be thwarted as "scalpers" and day traders vigorously day in and day out try to exploit and extinguish US innovation and progress for quick profits.
Filings for this event are currently being reviewed and will be filed with Pink Sheets and Client Support section in due course. To be included in company's email database for press releases, industry updates, and non-weekly activity in the company that may or may not be news released, please subscribe or opt in mailer at http://www.minamargroup.com/updates.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of LandStar, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. LandStar, Inc. cautions you that any forward-looking information provided by or on behalf of LandStar, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. LandStar, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond LandStar, Inc.'s control. In addition to those discussed in LandStar, Inc.'s press releases, public filings, and statements by LandStar, Inc.'s management, including, but not limited to, LandStar, Inc.'s estimate of the sufficiency of its existing capital resources, LandStar, Inc.'s ability to raise additional capital to fund future operations, LandStar, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match LandStar, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. LandStar, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
CONTACT: For any investor relations matters, please contact www.minamargroup.net/helpdesk; Investor Relations Department Inquiry,www.minamargroup.net (IR); For (M&A) and Corporate Matters, www.minamargroup.com
SOURCE Land Star Inc.