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Press Release - March 23, 2000

 

For Release: March 23, 2000

Contact: Bruce D. Stuart, President & CEO
Telephone: 310-470-9358
Fax: 310-470-9127
Website: www.cyberhotline.com and www.staruni.com
E-mail: webmaster@staruni.com

Staruni Corporation Files Registration Statement, Form 10-SB, with S.E.C.; Company Positioning Itself for Improved Business Opportunities

BEVERLY HILLS, Calif. – (BUSINESS WIRE) March 23, 2000 – Staruni Corp. (OTC BB:SRUN) announced that it has prepared and filed with the U.S. Securities and Exchange Commission a "General Form for Registration of Securities of Small Business Issuers Under the 1934 Act," also known as a Form 10-SB.

The filing of this Registration Statement fulfills one of the main conditions that will enable Staruni Corporation to continue its quotation on the OTC BB. Amendments to NASD rules now require companies to report their current financial information to the U.S. Securities and Exchange Commission, or banking or insurance regulators, in order to continue their quotations on the OTC BB.

As a result of this filing, shareholders will now have access to more and better information about Staruni Corporation.

This filing also marks another step in the Company’s efforts to position itself for improved business opportunities, as it has made the effort to make its current financial information available to a wider audience of potential investors and regulators.

The full text of the Registration Statement as filed with the Securities and Exchange Commission can be viewed via the Internet at http://www.sec.gov , the S.E.C.’s official web site, and also at a non-official site carrying EDGAR information: http://www.freeedgar.com.

CONTACT:

STARUNI CORPORATION
Bruce Stuart, President
1642 Westwood Blvd.
Los Angeles, CA 90024
Telephone (310) 470-9358
Fax: (310) 470-9127