AmeriStar Network Files to Preserve NASD Listing

AmeriStar Network in Oxnard has filed with the Securities and Exchange Commission to become a fully reporting company and preserve its listing on the NASD OTC Bulletin Board.

The move will become effective July 21.

AmeriStar creates and promotes acquisitions of privately held corporations in need of debt retirement, expansion and equity base compensation.

The company’s business strategy is to acquire certain companies and later spin them off, providing AmeriStar with dividends for capital return on investment to shareholders. In certain instances, other acquisition candidates become wholly owned subsidiaries.