Midland, TX, May 21,
2007 -- StarInvest Group, Inc. (
Symbol:
STIV:OB), is proud to announce that its portfolio company Western Roses Memorial Park, Inc.
has opened for business. In what clearly is a hard asset investment STIV is building value through
a diverse portfolio with growth and income as its focus here.
The Facility is unique in that it is the only ‘modern’ cemetery in the area, with a full dedicated
cremation garden, and an on site crematory to meet the growing demand for cremation services.
Ray McCoy Founder of Western Roses, Inc stated, “The modern layout and the array of cemetery services
offered will make Western Roses the most desirable cemetery location for the Midland/Odessa area for
the next 200 years”.
StarInvest Group, Inc. currently holds two Secured Promissory Notes with an equity interest for a total
investment of $450,000.
About STARINVEST
StarInvest Group is a
Business Development Company (BDC) located in Texas. BDCs are
publicly-traded, closed-end investment companies regulated by the
Investment Company Act of 1940. StarInvest Group was founded on the
premise that the magnitude and consistency of investment returns can be
significantly enhanced by combining both operational talent and
financial talent within a single private equity investment firm.
StarInvest Group has implemented a strategy to create value for
shareholders by investing in emerging companies that are positioned for
strong industry growth or have business models with strong cash flow
potential. In addition to structuring financing requirements, StarInvest
provides managerial assistance and strategic links between the Portfolio
Companies enabling them to maximize their resources for marketing,
business development, administration, public listing planning, and
realization of their goals.
Contact:
Contact:
Robert Cole
StarInvest Group, Inc.
432.682.8373
Email Contact