SOURCE: StarInvest Group, Inc.

July 11, 2007 09:00 ET

StarInvest Group Partnerships With BadaSino Affiliates in China

MIDLAND, TX--(Marketwire - July 11, 2007) - In conjunction with making a formal application with the Shanghai Municipal Government for permission to open and operate a Representative office, StarInvest Group, Inc. (OTCBB: STIV) will take over the contact list and any work in progress of BadaSino Affiliates in China. BadaSino Affiliates is an affiliated group of companies with projects in the U.S., the Bahamas and China. Prior to his appointment as COO and designated Chief Representative for StarInvest Group, Inc. in China, Glenn Matthews functioned as managing director of BadaSino Affiliates. As Chief Representative in China, Mr. Matthews will be able to maximize his contacts and relationships to further StarInvest Group's service offerings to Mainland Chinese-based small and medium sized enterprises who would look to set up U.S.-based operations, form U.S.-based Joint Ventures, acquire U.S.-based assets and access the U.S. capital markets.

Robert H. Cole, CEO and CFO of StarInvest, stated, "Our experts recently identified a growing demand for Venture Capitalists in China. The appointments of Mr. Matthews, and the partnership with BadaSino Affiliates, are steps forward to fulfill this demand and to take fully advantage of this market opportunity. There is not doubt that this strategy will put StarInvest in the right place at the right time."

About STARINVEST

StarInvest Group is a Business Development Company (BDC) located in Texas. BDCs are publicly traded, closed-end investment companies regulated by the Investment Company Act of 1940. StarInvest Group was founded on the premise that the magnitude and consistency of investment returns can be significantly enhanced by combining both operational talent and financial talent within a single private equity investment firm. StarInvest Group has implemented a strategy to create value for shareholders by investing in emerging companies that are positioned for strong industry growth or have business models with strong cash flow potential. In addition to structuring financing requirements, StarInvest provides managerial assistance and strategic links between the Portfolio Companies enabling them to maximize their resources for marketing, business development, administration, public listing planning, and realization of their goals.

Contact Information

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