Las Vegas, NV, August 19, 2013. Blue Star Opportunities Corp. (The "Company") (BSTO) announces today that it is expecting its revenues for Q3 2013 to reach between $1,275,000 and $1,350,000 based on product shipped so far and general business trend. Both cash flow and bottom line are expected to be in positive territory.
Once again our ability to maintain sales growth is largely due to a combination of Duro Design brand factory outlets and new product lines, especially main stream oak and maple products much in demand in home renovation and construction industry.
We continue to expand lines of innovative wood flooring in both engineered and solid including long and wide planks in oil penetrating stains and specialty colors like silvers, white washes and grays which are increasingly in demand today. An intensive distribution drive is underway to bring these new lines to hundreds of high end dealers in our long established network as well as architectural and design firms.
The company has continued to improve its unique proprietary production chain of LEED standard flooring. Beyond a growing mass market, it serves an institutional market that includes museums, churches and retail store chains. New construction and renovations, whether by individuals, professionals, or larger commercial construction companies, will likely look to a new LEED standard in flooring, a standard in which we have been a leader for over a decade. Repeat orders from the likes of the Boston Museum demonstrate our competitive advantage in matter of quality and durability.
Our ongoing core business of supplying ecology-sensitive clients like fast growing store chain Lululemon Athletica continues to thrive, and we have garnered significant additional business through our success in these store-wide deployments.
ABOUT BLUE STAR
Blue Star Opportunities Corp. is a supplier of environmentally friendly components used in renovation and construction of family homes, commercial and retail space, and multi-unit dwellings under its Duro Design brand. Products include materials for housing parts that are traditionally made of wood offered at direct factory prices. The company serves architects, designers and real estate managers offering more than 30 lines of traditional oak, maple, hickory and many other types of wood in all sizes including larger width and length flooring. It is a leader in LEED certified bamboo and cork flooring offered in hundreds of beautiful hand finished colors offered at factory prices. All of the company diversified wood product lines are offered direct to consumers in Duro Design factory outlets strategically located in high traffic commercial areas. The company also sells across North America through a network of resellers and independent sales agents. We continue to open company owned factory outlets throughout North America.
FORWARD-LOOKING STATEMENTS: Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of the Company. These statements are based on suppositions and uncertainties as well as on management's best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for the Company's products and services, the impact of price pressures exerted by competitors, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.
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SOURCE: Blue Star Opportunities Corp.