JACKSONVILLE, FL , Feb. 21, 2018 (GLOBE NEWSWIRE) -- International Star, Inc. (OTC PINK: ILST) announced today that it is evaluating and currently engaged in discussions about a possible merger. In preparation for the potential merger, the company is in the process of becoming current with its filings with OTC Markets and the Nevada Secretary of State. The company's primary goal is to increase the value of the company and earn the confidence of its shareholders. This merger will bring substantial value to the shareholders and is in a rapidly growing sector. Ms. Donnell J. Vigil, CEO, stated, "The company is pleased to be moving forward in a positive direction and to maximize our opportunity to be a industry leader with this potential merger. This will be a monumental moment for the company."
The company intends to update shareholders and the investment community on details of this strategic merger plans in the near future. In addition, this corporate update will be nationally distributed forthcoming.
Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and International Star, Inc. under take no obligation to update such statements.