May. 13 at 2:35 AM
$STAL Star Alliance International Corp. (OTC PINK:STAL) provided a shareholder update on August 20, 2024. Key points include:
A
$25 million line of credit with Keystone Capital Partners, , signed on May 17, 2024, remains unfunded.
The company's S1 filing was rejected due to the suspension of their auditor, necessitating reaudits for 2023 and 2024.
Despite challenges, STAL is raising funds through alternative sources and progressing with planned acquisitions and projects.
The company remains optimistic, citing positive progress on the Genesis system for mining and a gold-backed digital asset launch in Europe.
STAL anticipates entering 2025 as cash flow positive, despite delays in their growth
This is an old PR😳