LAS VEGAS, NV -- (Marketwired) -- 04/20/15 -- Blue Star Opportunities Corp. (The "Company") (OTC PINK: BSTO) announces today that a major condo building project has been completed in a plush district of Manhattan. These luxury units were finished with rift solid oak flooring featuring a beautiful two tone grey, part of our new flooring fashion lines launched last year.
We now have the means and the credibility to directly pitch developers for the very largest luxury projects from high end urban condos to hotel complexes. Our unique fashion flooring lines can be seen on our website. It features an extraordinary range of colors and natural woods all manufactured here in North America with the highest standard of quality at competitive pricing.
Our performance of timely delivery and reliability has opened up this new market. We are now in discussions with some of the larger developers in the US and the response is very positive. We are in negotiations for another 3 projects and 20 other developers are showing serious interesting in our product lines. This market is very attractive as it can provide large volume. More than just making onetime sales, our goal is to become their strategic partner.
As always we are winning business with our more traditional fashion lines such as long and wide planks in oil penetrating stains and specialty colors like silvers, white washes and grays which are increasingly in demand today.
We continue to expand our retail network through 2015 and 2016 until our special retail displays have been installed in 6000 locations across North America. The Company continues to evaluate that 6000 locations would generate around 20 million in annual revenues based on the sales flow produced so far by the first locations during the first year of the program.
The company has been using very advanced technology in producing hundreds of colors of exceptional quality. New applications like nanotechnology have helped us transform cork tiles from commodity into beautiful elements for fashionable home decor. Our streamlined supply chain and inventory management system is playing a major role in our growth and our newfound profitability
More information and details on our financial performance in 2015 can be found in our Annual filing on OTC Markets site.
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. The company is a leader in LEED certified Cork and bamboo flooring offered in hundreds of beautiful hand finished colors. All of the company's diversified wood product lines are offered through a long established network of value added resellers and independent agents located in all major markets throughout the US and Canada. 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. Our ready to install pre finished Cork Tiles are offered in 6 patterns and 56 colors through hundreds of retail location through the US and Canada.
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.
Contact Information
Joseph Hozer
514 679-3403
