/ CORRECTION - Eastern Asteria, Inc.
May 20 2010 - 6:49PM
Marketwired
In the news release, "Eastern Asteria, Inc., Formerly Winmax
Trading Group, Inc., Changed Its Name to Support New Strategy,"
issued earlier today by Eastern Asteria, Inc. (PINKSHEETS: EATR),
we are advised by the company that the former ticker listed in the
release should be "(PINKSHEETS: WNMX)" rather than "(PINKSHEETS:
WMNX)" as originally issued. Also, in the headline, "Formally"
should be "Formerly." Complete corrected text follows.
Eastern Asteria, Inc., Formerly Winmax Trading Group, Inc.,
Changed Its Name to Support New Strategy
ORLANDO, FL -- May 20, 2010 -- Winmax Trading Group, Inc.
(Winmax) (PINKSHEETS: WNMX) is pleased to announce that it has
changed its name to "Eastern Asteria, Inc." and will be quoted
under the symbol (PINKSHEETS: EATR).
The Company's new name became effective with the State of
Florida on April 18, 2010 and was declared effective by FINRA, for
trading purposes, on May 21, 2010.
President and CEO for Eastern Asteria, Gerald Sklar, commented,
"We believe that this 'New Strategy' along with our recent
activities will establish a significant transformation to the
Company that will further increase shareholders' value. Our
concentration will now be focused on bringing TheGemstore.com, into
a top position for on-line jewelry and gem sales. These actions
will create additional organic growth for the Company and build
upon our existing revenue base. It is our intention to follow the
same template that was used in the bnetTV.com Inc."
The Company has benefited greatly from the capitalization of
bNET Communications, Inc., as stated in the Stakeholders conference
call in April. As such, Eastern Asteria will be announcing its
dividend date in the near future, and further the Company plans to
retain an investment banking and/or brokerage house to help
facilitate a stock repurchase program.
Further, the Company has paid the appropriate filing fees to the
Pinksheets, LLC, to facilitate its increased transparency level on
the Pinksheets OTC Disclosure and News Service. "We are allowing
our current and interested stakeholders the respective transparency
that is needed within the marketplace," said Gerald Sklar,
President & CEO of Eastern Asteria, Inc.
About Eastern Asteria, Inc.
Eastern Asteria, Inc. (www.easternasteria.com) (PINKSHEETS:
EATR) is a multi-faceted company with global operations that
retails gems and precious gemstone jewelry, as well as offering
multimedia and other communication related technologies to assist
companies in branding and growing their operations. Eastern
Asteria, Inc. head office is located in Orlando, Florida and New
York, New York.
This release contains "forward looking statements" within the
meaning of Section 27A of the Securities Act of 1933 and Section
21B of the Securities Exchange Act of 1934. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors that could cause the actual financial or operating results
of Eastern Asteria, Inc. and its subsidiaries, including
thegemstore.com, Inc. Winmax Media, Inc.(hereafter collectively
referred to as "the Company," "we," "our" or "us") to be materially
different from the historical results or from any future results
expressed or implied by such forward-looking statements. The words
or phrases "would be," "may allow," "intends to," "may likely,"
"are expected to," "may continue," "is anticipated," "estimate,"
"project," or similar expressions are intended to identify
"forward-looking statements." Such statements include those
concerning our expected financial performance, our corporate
strategy and operational plans. Actual results could differ
materially from those projected in the forward-looking statements
as a result of a number of risks and uncertainties, including: (a)
intense competition in the webcasting, online media, web
development design, Internet solutions, e-commerce, and retail
E-business; (b) whether we are able to manage our planned growth
efficiently, including whether our management will be able to
identify, hire, train, retain, motivate, and manage required
personnel or that management will be able to manage and exploit
existing and potential market opportunities successfully; (c)
whether we are able to generate sufficient revenues or obtain
financing to sustain and grow our operations. TheGemstore.com,
Inc., and Winmax Media, Inc. all are wholly owned subsidiary of
Eastern Asteria, Inc. All of the agreements and event coverage that
each of the subsidiaries have entered into should not be construed
by any means whatsoever as having any impact on or a reflection of
the Company's future stock price or future financial.
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For further information, please contact: Dave Young Vice
President and Investor Relations Phone: 877 693-3130 Email: Email
Contact http://www.easternasteria.com
Eastern Asteria (PK) (USOTC:EATR)
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