Sales are up by more than 20% over last quarter fueled by strong demand.
Blue Star Opportunities Corp. (The "Company") (OTC PINK: BSTO) announces today that it is expecting its revenues for Q1 2013 to reach between $1,050,000 and $1,150,000 having already shipped more than one million dollars worth of goods. Both cash flow and bottom line are expected to be in positive territory.
This excellent performance validates a steady growth rate of our Duro Design brand through factory outlets as well as new product lines that we have been building in the past three quarters from 4 to more than 30 including main stream oak and maple products much in demand in home renovation and construction industry.
We are still expanding our lines of innovative wood flooring in both engineered and solid. We are expecting major growth from 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 our long established network of high end dealers as well as architectural and design firms.
The company still provides its unique proprietary production chain of LEED standard flooring to 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.
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.
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.
SOURCE: Blue Star Opportunities Corp.