LandStar, Inc. (LDSR) Reports Second Quarter Financials
July 30 2010 - 11:31AM
Marketwired
LandStar, Inc.'s (PINK SHEETS: LDSR) (http://www.landstarcorp.com)
main subsidiary is pleased to disclose the financial statements for
the second quarter, January 1 - June 30, 2010 period.
At the end of Q2, the company's revenues totalled $1.68 million,
with a net income of $477,000. These excellent results reflect the
company's consistent ability to secure new projects, and the
company's commitment to developing new partnerships on Chinese oil
and gas recovery market.
Financial reports are now available on Pink Sheets.
In other news, the company is in the process of re-signing with
Mina Mar Group to manage the company's IR, following previous
decision to do its own IR and the dismissal of a Florida-based IR
company.
About Mina Mar Group:
Mina Mar Group pioneered the "Go Public Free" program, the first
firm to challenge the short sellers, stock bashers and repeal of
the "Communication Decency Act". Visit www.minamargroup.com/ice to
learn more.
Mina Mar Marketing Group, MMMG (www.minamargroup.net) offers
publicly traded companies full array of services such as Investor
Relations and maintenance investor awareness.
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Safe Harbor Statement
Information in this news release may contain statements about
future expectations, plans, prospects or performance of LandStar
Inc. that constitute forward-looking statements for purposes of the
Safe Harbor Provisions under the Private Securities Litigation
Reform Act of 1995. The words or phrases "can be", "expects", "may
affect", "believed", "estimate", "project" and similar words and
phrases are intended to identify such forward-looking statements.
LandStar Inc. cautions you that any forward-looking information
provided by or on behalf of LandStar Inc. is not a guarantee of
future performance. None of the information in this press release
constitutes or is intended as an offer to sell securities or
investment advice of any kind. LandStar Inc.'s actual results may
differ materially from those anticipated in such forward-looking
statements as a result of various important factors, some of which
are beyond LandStar Inc.'s control. In addition to those discussed
in LandStar Inc.'s press releases, public filings, and statements
by LandStar Inc.'s management, including, but not limited to,
LandStar Inc.'s estimate of the sufficiency of its existing capital
resources, LandStar Inc.'s ability to raise additional capital to
fund future operations, LandStar Inc.'s ability to repay its
existing indebtedness, the uncertainties involved in estimating
market opportunities, and in identifying contracts which match
LandStar Inc.'s capability to be awarded contracts. All such
forward-looking statements are current only as of the date on which
such statements were made. LandStar Inc. does not undertake any
obligation to publicly update any forward-looking statement to
reflect events or circumstances after the date on which any such
statement is made or to reflect the occurrence of unanticipated
events.
CONTACTS:
Investor Relations:
Tel: 1-647-426-1640; www.minamargroup.net/helpdesk, Investor Relations
Department Inquiry, www.minamargroup.net (IR), for (M&A) and Corporate
Matters, www.minamargroup.com
Source: LandStar, Inc.
Contacts: Mina Mar Group, Inc. Investor Relations 1-647-426-1640
www.minamargroup.net/helpdesk LandStar, Inc.
corporate@landstarcorp.com