7 Star Entertainment, Inc. (OTCPK:SAEE) seeks to acquire a technology company. The company is in the final stages of negotiating an agreement and
is expected to issue a formal announcement before the end of October 2013. Chief Executive Officer, Carl J. Conte, said, "This is very exciting for us, our shareholders and loyal supporters and it would be a great opportunity for 7 Star to expand into an arena with explosive growth and great potential. The acquisition involves a company that integrates and cultivates high tech consumer electronic products, builds global encrypted networks and creates new opportunities and innovations to deliver dramatically improved value propositions to individual users, businesses and the world."