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PSGI Perfect Solutions Group Inc (PK)

0.0169
0.00 (0.00%)
01 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Perfect Solutions Group Inc (PK) USOTC:PSGI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0169 0.0061 0.0169 0.00 01:00:00

Prime Star Group's Wild Grill Foods, Inc. Receives 1 Million Dollar Factoring Line of Credit

13/08/2010 3:30pm

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Prime Star Group, Inc. (PINKSHEETS: PSGI) is pleased to announce Wild Grill Foods, Inc., a Prime Star Group wholly owned subsidiary, has received a One Million Dollar ($1,000,000.00) factoring line of credit from JD Factors.

Wild Grill Foods, Inc's President, Jerry Luderman, stated, "We are very pleased to be doing business with JD Factors and are excited to continue to make the Wild Grill family of products accessible to every consumer through national and regional retailers. JD Factors is an excellent company with an outstanding reputation. We are extremely excited to be doing business with their dynamic team. Wild Grill remains focused on manufacturing high quality seafood that tastes great at an affordable price point. This agreement ensures that we can meet the needs of our customers and continue with our operational growth. We have finished our research and development on our highly anticipated Gourmet Seafood Sliders and have shipped samples to all of our biggest customers. We have had tremendous response."

Prime Star Group's CEO, Roger Mohlman, added, "Prime Star Group is thrilled at the growth of Wild Grill and we are committed to the continued expansion of the business unit."

About Wild Grill Foods, Inc.

Wild Grill Foods, Inc. is a manufacturer of healthy, gourmet seafood products designed to give consumers the type of foods they desire, yet at a price point that is affordable. With the increasing consumer demand for healthier lifestyle food and gourmet flavors, Wild Grill produces seafood items such as Lobster, Salmon and Shrimp Fusion Sliders and Mahi-Mahi, Pacific Salmon, and Ahi Tuna Fish Burgers, which are high in healthy Omega-3 fatty acids and taste great. All products are gluten free, dairy free, all natural and contain no preservatives.

About Prime Star Group

Prime Star Group, Inc. is a holding company that focuses on four areas of business: SmartPax™ Packaging, Premium Food & Beverage Products, Distribution and Risk Management. The company's operating subsidiaries produce, market, and distribute wines, tea, adult mixed beverages, flavored water, and gourmet seafood products. The company also produces co-brand and co-pack existing high-end beverages and private label liquors for large hospitality and entertainment brands. Prime Star is focused on the food and beverage, entertainment, hospitality, healthcare and disaster relief industries.

Forward Looking Statements - Safe Harbor

This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Prime Star Group, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Prime Star Group, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Prime Star Group, Inc.'s filings with the Securities and Exchange Commission.

CONTACT: Prime Star Group, Inc. Public Relations Dan Schall (858) 240-7873 or on the web at www.primestargroup.net

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