Dynastar Holdings, Inc. (DYNA) Acquires the ConnectionPlus™
Platform
LOUISVILLE, Ky., Nov. 28, 2012 /PRNewswire/ -- Dynastar
Holdings, Inc. ("Dynastar") (OTC Markets: DYNA)
(www.dynastarholdings.com), a Nevada corporation focused on acquiring and
establishing businesses in the direct selling market, announced
today that it completed the acquisition on November 27, 2012 of the
ConnectionPlustm assets of uBuy2Give, Inc.
The ConnectionPlus software enables online shoppers to receive
cash back rebates on their retail purchases through the
ConnectionPlus platform. Dynastar has established affiliate
relationships with approximately one thousand leading retailers
accessible through ConnectionPlus.
In conjunction with this asset acquisition, Dynastar issued
4,779,931 shares of its common stock to uBuy2Give and will issue an
additional 4,779,931 shares to uBuy2Give if the ConnectionPlus
assets pass certain transaction throughput tests by December 31, 2013.
Josh Henderson, Chairman and CEO
of Dynastar, noted that the ConnectionPlus cash back technology
developed by uBuy2Give will create a unique product offering within
the market and generate significant benefits within Dynastar's
direct selling network. "The acquisition of uBuy2Give's
ConnectionPlus software will enable Dynastar's sales network to
promote special offers from major retailers, and consumers who
purchase through the ConnectionPlus platform will earn cash back
from their everyday purchases at no additional cost to them,"
according to Henderson. Additionally, Henderson stated that online
consumer spending is projected to exceed $300 billion in 2012 and that this trend coupled
with the ability to earn cash back rewards is a winning
combination.
About Dynastar Holdings, Inc.
Dynastar Holdings, Inc. was founded in 2010 in Louisville, Kentucky and follows a direct
selling, social commerce business model that scales business
through a combination of acquisitions and organic
growth. Dynastar focuses on the acquisition and launch
of direct selling companies providing services to businesses and
consumers. Dynastar acquired Dynastar Energy, LLC
(formerly known as My Affordable Energy), an energy reseller, in
2010 and launched Dynadealz, LLC, a direct-to-consumer cash back
rewards company, earlier this year. For more
information, please contact Josh
Henderson at josh@dynastarholdings.com.
Safe Harbor Statement.
Any statements contained in this
release that do not describe historical facts may constitute
forward-looking statements as defined under the federal securities
laws. Any forward-looking statements contained herein are
based on current expectations but are subject to a number of risks
and uncertainties. The factors that could cause actual future
results to differ materially from current expectations include, but
are not limited to, risks and uncertainties relating to the
availability of additional funding; the developing industry and
changing business environment; the Company's business, product
development, marketing and distribution plans and strategies and
its ability to execute such plans and strategies and build a
successful management infrastructure, the Company's ability to
integrate and successfully implement acquired asset platforms and
general economic conditions. These and other factors are
identified and described in more detail in the Company's filings
with the SEC, including, the Company's current reports on Form 8-K.
The Company does not undertake to update these forward-looking
statements.
SOURCE Dynastar Holdings Inc