Land Star Inc. (LDSR) Featured On China Daily National Petroleum News, New Contracts
Land Star Inc. (LDSR) Featured On China Daily National Petroleum News, New Contracts BEIJING, July 14 /PRNewswire-FirstCall/ - Land Star Inc.'s (LDSR) - www.landstarcorp.com - China based operating subsidiary Hubei Chuguan Industry Co. Ltd., is pleased to announce the summary of the recent interview with China Daily of National Petroleum. The article was titled "The King of oil and gas storage, and transportation of equipment Mr. Lee Congtang." Mr. Congtang, is the chairman of Hubei Chuguan Industrial Co., Ltd. In the interview, Mr. Lee put forward the corporate vision for the next 1-3 years. Mr. Lee said (sic) "We will make our company Chuguan become an enterprise group whose proprietary rights, and whose management adapts a standardized, decision-making platform, which is geared to scientific application. Our business is specialized, and our market is International. We have the capability to reach sales levels in the multi million dollar range, and to bring the entire LDSR group to a new level. This vision comes on a heel of Hubei Chuguan Industrial signing a letter of intent which will see the company supply mechanical filters to China Petroleum, for use in the solution filtering process. This mechanical filter is a standard accessory in the Oil and Gas storage and transportation business, and will be used extensively on construction projects executed by China Petroleum. The company will provide further updates shortly." Safe Harbor Statement Information in this news release may contain statements about future expectations, plans, prospects or performance of Land Star, Inc. that constitute forward-looking statements for purposes of the safe harbor Provision's 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. Land Star, Inc. cautions you that any forward-looking information provided by or on behalf of Land Star, 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. Land Star, 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 Land Star, Inc.'s control. In addition to those discussed in Land Star, Inc.'s press releases, public filings, and statements by Land Star, Inc.'s 's management, including, but not limited to, Land Star, Inc.'s estimate of the sufficiency of its existing capital resources, Land Star, Inc.'s ability to raise additional capital to fund future operations, Land Star, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match Land Star, 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. Land Star, 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. CONTACT: corporate@landstarcorp.com SOURCE Land Star Corp corporate@landstarcorp.com
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