MBST - Best Otc introduces a CRWE News Wire Stock Highlight
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MBST, Mobile Star Corp., MBST.OB
In the 1st quarter of 2008 MBST filed a patent application (Patent Application Number: 60/902,076) with the U.S. Patent Office. The patent is for a new, innovative coin-operated karaoke machine (the Mobile Star) that uses proprietary digital media software and 3-D virtualization technology for a complete, unprecedented singing and recording experience.
MBST announced Jan. 19 2010 that they’ve concluded a successful 30 day pilot trail with a prototype karaoke booth (the Mobile Star) located in New York . Revenues collected by the Mobile Star during the pilot were greater than anticipated, and proved extremely competitive against many of the most popular entertainment coin-operated machines.
The Mobile Star Product Summary:
MBST has developed a coin-operated, free-standing karaoke machine. The vending machine provides a unique personal karaoke experience, and is designed by recording studio professionals.
Mobile Star is easy-to-use and extremely affordable, allowing any individual to feel like a professional recording artist.
Each customer enjoys an unsurpassed studio recording experience, while the fully automated system captures the performance. The unit then publishes a professionally edited digital CD featuring the singer’s voice and the selected music. The digital files can also be shared with friends online. Mobile Star features a proprietary digital-media software platform, and professional-grade hardware that dramatically improves sound quality and imitates the acoustics of a hall. The coin-operated cabinets will be located in popular recreation areas, from shopping malls to bars and theme parks.
MBST 6 Month Chart
Since the volatility in the months of Sept - Oct 2009, MBST has pulled back under .10 cents and has been trading around the .04 to .08 range. Looking at the chart below we see a pattern of support showing up at the .04 cent level with resistance topping out at around .06 cents in February and March and around .07 cents if you go back to January. Note the increase in volume around the 2nd week of March.
MBST Headlines:
| 02/12/2010 | MBST | Mobile Star Corp. Re-evaluates Revenue Projections Following Successful Pilot |
| 01/19/2010 | MBST | Mobile Star Corp. Completed Successful Pilot of Karaoke Vending Booth |
| 10/13/2009 | MBST | Mobile Star Corp. Received Extensive Coverage in CEO CFO Analyst Interviews |
| 10/07/20009 | MBST | Mobile Star Corp.’s Karaoke Vending Machine Sent for Final Testing, distribution negotiations in parallel |
| 10/05/2009 | MBST | Mobile Star Corp. Reported as First Israeli Ccompany to Launch on OTC Bulletin Board in Over 1 Year |
| 09/16/2009 | MBST | Mobile Star Corp. Files Additional Patent Applications to Expand International Protectionard |
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