Blue Star Opportunities Corp. Newest Factory Outlet Opens on Monday, July 16th in Montreal Suburb
July 12 2012 - 8:00AM
Marketwired
Blue Star Opportunities Corp. (The "Company") (PINKSHEETS: BSTO)
announces today that the second Duro Design factory outlet will be
open for business in commercial center Quartier DIX30 as of Monday,
July 16 2012.
The storefront facility is in one of the busiest and most
fashionable shopping centers in the country, located in an affluent
suburb of Montreal. It is expected to generate more than $3M in
product sales in its first year of operations and will make a
significant contribution to both top and bottom lines in the
current quarter.
Two more factory outlets will be opening this quarter in urban
shopping areas. Execution of our expansion plan is proceeding apace
and will see 10 more outlet openings by Q2 2013.
Demand for our products continues to be strong. Financial
Statements for the last quarter will be published in the first week
of August and will show a very sharp growth in revenues from
operations. The Company expects to post revenues ranging between
$950K and $1.05M with a positive bottom line.
ABOUT BLUE STAR Blue Star Opportunities
Corp. operates wholly owned factory outlets under the Duro Design
banner in major commercial centers that supply environmentally
friendly quality flooring used in renovation and construction of
family homes, commercial and retail space, multi-unit dwellings and
institutional buildings. The Company also supplies major
construction projects through architecture and design firms. The
company is now a leader in LEED-certified bamboo and cork flooring
offered in hundreds of beautiful hand-finished colors sold at
factory prices. The Company's policy is to offer to its clients
LEED-validated materials from renewable resources in order to
service the growing market of consumers and end-users who are
demanding green products for their homes and projects. The
company's shares are traded on the OTC market.
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.
For further information, please contact: Michael Berman 514 969
6419
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