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Land Star Corp (LDSR) new $650,000 contract for oil and gas recovery transformation

Posted on: Thursday, 19 March 2009, 15:30 CDT

BEIJING, March 19 /PRNewswire-FirstCall/ - Hubai Chuguan Corporation, an operating subsidiary of the issuer Land Star Corp today after the market closed announced that it has successfully passed the pre-qualification of Nantong Huasheng Company's oil and gas recovery transformation. This marked the official beginning of our work in its tender. The transformation project is expected to be about five million Yuan, or about $650,000,00 USD.

The company will provide further updates on the project as it proceeds through completion.

In other company news, Mark Li, CEO, President, Chairman of Land Star said: "We wish to advise our shareholders that we are equally concerned about our share price and values that are reflected by our company. Shortly we will be issuing a statement and a plan of action that should in our view have some positive results."

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.

Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.

SOURCE Land Star Corp

Source: PR Newswire

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