SOURCE: StarInvest Group, Inc.

May 17, 2010 11:52 ET

StarInvest Group, Inc. Forecloses on Western Roses Memorial Park, Inc.

MIDLAND, TX--(Marketwire - May 17, 2010) -  StarInvest Group, Inc. (OTCBB: STIV) is pleased to announce that it has successfully foreclosed on the facilities of Western Roses Memorial Park, Inc.

The facility is a 60.89 acre licensed perpetual care cemetery with a crematory facility on site servicing the Midland and Odessa markets. STIV, with over 58% interest in Western Rose, will play a vital role in analyzing all available options to enhance the value of its investment and ultimately the interest of its shareholders. This facility has the potential to be a $100,000,000 project over the life of the cemetery.

Robert Cole, CEO, stated: "The property has a tremendous location and great potential. Thanks to its size, the facility will be able to serve Midland as well as Odessa for many years to come. Management will act swiftly in organizing a plan and execute in a timely manner."

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