News

02/05/09 | Press Release

Prime Star Group, Inc. (PSGI) is Accepted for Trading on OTCBB


LAS VEGAS--(BUSINESS WIRE)--Prime Star Group, Inc. (PSGI) (Pink Sheets: PSGI - News), formerly AMWS, is pleased to announce that it has been given approval to trade on the OTCBB as of Feb. 5, 2009. PSGI has been SEC compliant for over a year, and has finished all requisite filings to become a fully trading and reporting company. The company intends to start production of its Hemp C" Tea in April 2009, and its Bartender's Choice" Drinks for the summer months of 2009. "We are thrilled to be on OTCBB, and are extremely excited about our products and their launch," said Roger Mohlman, Company CEO.

PSGI will now be able to file the spinoffs for New Age Packaging and Colorado River announced in the Feb. 11, 2008 press release. The dividends will be effectuated as soon as the spinoffs are declared effective. The shareholders of PSGI as of February 28, 2008 will receive a share-for-share issuance in the new companies. "The spinoffs of New Age Packaging and Colorado River are ready for filing, and we couldn't be happier than to reward our very loyal shareholders with stock in these vibrant companies," says Mohlman.

Safe Harbor Statement: All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements (i.e., future operational results and sales) are subject to assumptions and beliefs based on current information known to the Company and factors that are subject to uncertainties, risk and other influences, which are outside the Company's control, and may yield results differing materially from those anticipated.

Contact:

Redwood Consultants LLC
Jens Dalsgaard, 415-884-0348

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