STAR8 CORP - STRH STOCK NEWS

Star8 (OTCMARKETS: STRH), the maker of Café Domino, is in negotiations to acquire an established coffee roaster with a rich history in New England. This roaster has distribution across Connecticut, Massachusetts, New York, New Jersey, and Pennsylvania. The acquisition aims to strengthen Café Domino's nationwide footprint and scale operations significantly.

Café Domino currently serves over 350 accounts, including boutiques, grocery retailers, and large restaurant chains. Recent distribution deals will place their products in nearly 100 locations across Florida, with plans to reach an additional 120 supermarkets within the next year. The production capability of the roaster under acquisition is approximately 8 million tons of coffee annually.

Star8 Holdings, trading under the symbol STRH, has launched Cafe Domino on Amazon, enhancing its online presence and distribution strategy. This move aims to drive revenue growth and expand its customer base by leveraging Amazon's vast reach, marketing tools, and Fulfillment by Amazon (FBA) services for prompt delivery.

Additionally, Cafe Domino's entry into the New York City market aims to boost revenue through tailored coffee products, including coffee machines and grinders from EVOCA Group. This launch is part of Star8's broader strategy to integrate online and offline channels, providing a seamless customer experience and increasing its market share in the hospitality industry.

Cafe Domino, a subsidiary of Star 8, announced its expansion into South Florida supermarkets, adding four SKUs of coffee in nearly 100 locations. Plans include expanding to 120 more supermarkets and opening a flagship cafe in Miami's Little Havana. Cafe Domino also entered the hotel industry with Novotel Miami Brickell. Since its acquisition by Impagliazzo Holdings in 2020, the brand has secured over 350 accounts, with sales increasing in the last quarter. The company aims to become a nationwide leader in premium coffee, focusing on sustainability and quality.

Star8 recently announced significant corporate changes, including the acquisition of Impagliazzo Holdings Group, the appointment of a new CEO, and the relocation of its headquarters to Miami, Florida. The acquisition brings together companies with core investments in Real Estate, Hospitality, and Coffee Distribution, with Mr. Pino Impagliazzo taking the helm as the new CEO. The relocation to Miami is set to drive growth and innovation, with plans for expansion of Cafe Domino, a subsidiary focused on coffee roasting and distribution.

Star8 Corp. (OTC PINK:STRH) has engaged Olayinka Oyebola & Co. to conduct an audit in compliance with OTCqb requirements. This firm is registered with the Public Company Accounting Oversight Board (PCAOB). The company intends to file for OTCqb status upon audit completion. Additionally, Star8 Corp. is finalizing its consolidated financials for 2022. With expertise in IT and security, Star8 Corp. offers sustainable marketing and consulting services. For further details about Star8 Corp., visit Star8Corp.com.

Star8 Corp. (OTCPK: STRH) has officially relocated its corporate headquarters to the Tampa Urban Centre, enhancing operational efficiency and management control over Hyper 30 Data. The company is in the process of selecting an independent auditing firm to facilitate its transition to a fully reporting entity and up-listing to OTCQB. Additionally, Star8's focus has shifted to the IT and Security industry, with plans for further acquisitions to drive growth and profitability.

Star8 Corp. (OTCPK: STRH) has completed its acquisition of Hyper 30 Data, a company specializing in wireless solutions and network equipment. CEO Mario Diez expressed enthusiasm for the merger, indicating it positions Star8 for future profitability. As a result, Diez is stepping down, with Michael Knox appointed as the new CEO. This acquisition allows Star8 to expand its portfolio, enhancing its market presence in technology integration.

Star8 Corp. (OTCPK: STRH) announced a binding Letter of Intent with Hyper 30 Data, a technology integrator specializing in wireless solutions and IT services targeting multi-location facilities and Fortune 500 companies. The terms remain undisclosed. Hyper 30 Data offers a range of services, including custom IT solutions, cloud backup, VoIP, security monitoring, and data cabling. CEO Mario Diez expressed optimism about the partnership, expecting significant collaborative achievements.

Star8 Corp (OTCPK: STRH) has signed a Letter of Intent to acquire Pace Developments St. Vincent Inc., valuing the luxury hotel and casino at US $48 million. The acquisition involves 45 acres in St. Vincent, where the Black Sands Hotel is being constructed, with a total of 450 rooms planned. The hotel will be part of a resort featuring luxury amenities and is located in a popular tourist area, which is expected to boost local economic growth. Phase one will open in 12-14 months, followed by additional developments in the subsequent years.