SOURCE: StarInvest Group, Inc.

April 19, 2010 16:06 ET

StarInvest Received FINRA Approval to Acquire Todd & Co, Inc.

MIDLAND, TX--(Marketwire - April 19, 2010) -  StarInvest Group, Inc. (OTCBB: STIV) is pleased to announce that it has received FINRA approval to close on the purchase of Todd & Company Inc., a registered broker-dealer with offices in New York. StarInvest has moved one step closer to fulfilling FINRA requirements to operate Todd & Company Inc. (Todd) as a full service Broker Dealer but is still restricted from operating pending registration and approval of its management and compliance personnel by FINRA. Currently STIV is focused on filling these positions. A clearing agreement is in place as the company management works to bring Todd operational.

Robert H. Cole stated: "Todd & Company Inc. will complement StarInvest initiative to become a full service financial company focused on the EXX ECN platform for traders, fund managers and investors. The Investment Banking division of Todd will fulfill the STIV vision to focus on the small cap OTC BB market in offering a full menu of services to its customers. In addition, EXX will utilize Todd's Broker Dealer infrastructure to roll out their services, offering clients complete privacy and increasing the level of service and products demanded by its customers." After a long and challenging process, management is hopeful that our efforts will finally build value for its investors. Revenues and earnings are the company's focus and Todd & Company Inc. will be the vehicle to bring this to reality. Management is hopeful that all the efforts will reward investors for their patience and confidence.

About Todd & Company, Inc.

Todd & Co was formed in 1971 as a full service BD and grew a retail staff of 125 brokers. In 1978 Todd & Co Inc. sold its retail business to Muller and Co Inc. and focused on Investment banking activities while retaining its full service privileges. In the 1980's Todd & Co reestablished it retail business, today Todd & Co Inc. is a full services BD in New Jersey.

About StarInvest Group, Inc.

StarInvest owns and operates two subsidiaries: My Transfer Agent, LLC ("MTA"), a stock transfer agency and EXX.COM, LLC ("EXX"), a connectivity and software solutions company.

MTA's seasoned management has been working for over 30 years with large established corporations as well as small emerging businesses, coupling today's technology with a personal touch, offering the convenience of 24/7 online access through the security of a Full Web Encryption, as well as, a qualified and professional customer service. A full menu of financial services to MTA (www.mytransferagent.com) customers creates a long term partnership with its clients.

EXX (www.exx.com) specializes in providing connectivity and software solutions to small and medium sized stock brokerage, arbitrage, investment banking firms, and Hedge Funds in major American markets. EXX's vision is to build autonomous, efficient, reliable and cost effective trading platforms in order to achieve Straight Through Processing (STP) in the financial industry. The company's main business is customizing proprietary platforms so from one program STP in enabled across all the financial networks.

Contact Information

  • Contact:
    Robert H. Cole
    StarInvest Group, Inc.
    Tel: 432.682.8373
    Email Email Contact