PHOENIX, August 26, 2003 (PRIMEZONE) -- Viastar Holdings, Inc. (OTCBB:VISH) announces the filing of its latest 8-K filing with the Securities and Exchange Commission. This filing changes the fiscal year end for the media and entertainment company to June 30.
Effective August 21, 2003, the Registrant has determined to change its fiscal year from that used in its most recent filing with the SEC (December 31, 2003). The date of the new fiscal year end shall be June 30. The Registrant intends to file a transition report on Form 10-K to cover the transition period of January 1, 2003 through June 30, 2003, pursuant to the Securities Exchange Act of 1934, as amended.
About Viastar Corporation:
Viastar Corp is engaged in development, production and distribution of entertainment related media for film, television, music and publishing interests. The company's portfolio currently includes ownership of Electric Kingdom Distribution, A.V.O. Studios, Moving Pictures International, Black Top Films, Black Top Pictures, Quadra Records, All-4 Entertainment, Inc., and Picture Perfect Releasing, Inc.
Except for historical matter contained herein, the matters discussed in this news release are forward-looking statements and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect assumptions and involve risks and uncertainties, which may affect the Company's business and prospects and cause actual results to differ materially from these forward-looking statements.