Green Star Products, Inc. Adds to Management Team In Connection with Asian Marketing Initiative for SuperBAT and other Products.Business Editors SAN DIEGO--(BUSINESS WIRE)--July 25, 2002 Name and Stock Symbol Change of BAT International (BAAT BAAT British Association of Art Therapists :OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). ) to Green Star Products Inc. (GSPI GSPI Gail Seymour Productions :OTC) Effective Today Green Star Products, Inc. (GSPI:OTC) (formerly BAT International, Inc. under trading symbol Trading symbol See: Ticker symbol BAAT) has hired several management staff that will be heading up the Green Star Products Asian Division. Jackson Chen, who has an extensive background in the lubricants lubricants preparations for the lubrication of passages to reduce frictional injury, e.g. oily preparations, including petroleum jelly, lanolin or water-soluble preparations such as methyl cellulose. industry, will be the Vice President of GSPI, Asian Lubricants Division. Mr. Chen has worked over a 20 year period as a chemical engineer and manager for various petroleum company lubricant divisions including Unocal, Ethyl ethyl (ĕth`əl), CH3CH2, organic free radical or alkyl group derived from ethane by removing one hydrogen atom. Petroleum Additive Co., US Lubricant Co. and Wynn Oil Co. Mr. Chen has a PhD in petroleum chemistry and has extensive background in both lubricant science and marketing of lubricant products. Michael Hu, who has been marketing products in Asia over several decades, has been appointed Vice President of Asian Marketing for GSPI. Mr. Hu was the management director of SCE SCE (in Scotland) Scottish Certificate of Education SCE n abbr (= Scottish Certificate of Education) → Schulabschlusszeugnis in Schottland , which was the exclusive distributor of Wynn Oil Co. and US Lubricants Products in China over a 2-4 year period. Mr. Hu worked as a project engineer for Uyimura Co., a Japanese chemical plating company for 4 years. Mr. Hu has recently headed up EZ Long Life Co., which is involved in numerous trading activities all over Asia. The two management staff will work as a team to introduce a variety of GSPI lubricant products to Asian markets as well as other products of GSPI. GSPI will be using this management team to move more aggressively in marketing of both lubricants and other products in China and other Asian countries. Both Jackson Chen and Michael Hu have been involved through a consulting relationship in marketing of GSPI products in China. This has resulted in the sales of the equivalent of 90,000 retail bottles of GSPI's SuperBAT TVT TVT transmissible venereal tumor. Anti Friction Metal Treatment in the motor vehicle sector in 2002. A new marketing initiative is being planned by the management team that will initially concentrate on distribution of cutting oil in China, where SuperBAT cutting oil has substantial advantages in machine shops to extend cutting tool and blade life and improve productivity of cutting equipment (see press release 4/18/02). China has the largest concentration of machine shops in the world and currently uses antiquated cutting oils that severely limit tool, blade and bit life. The marketing initiative is planned starting in September, 2002 and will then expand to other GSPI products as an expanded distributor network is established in China and other Asian countries. In other news, the stock symbol for BAT International (BAAT) has been changed to Green Star Products, Inc. (GSPI) effective today. COMTEX wire service announced this symbol change today of BAAT to GSPI. It usually takes 2-3 days for the various reporting systems to acknowledge this change. Questions concerning OTC changes should be directed to Market Data Integrity at 203-375-9609. GSPI will be delaying releases planned for 7/26/02 and 7/29/02 on production and marketing activities of American Bio-Fuels (see press release dated 7/23/02) until the reporting systems have fully acknowledged the change. Forward-looking statements in the release are made pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic filings with the Securities and Exchange Commission. |
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