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Big Star Media Group Expected to Issue Corporate Financials Within Thirty Days

Big Star Media Group, Inc. (Pink Sheets:BMGI) (the "Company") today announced that it expects to complete the accounting activity necessary to finalize its financial reports for the fiscal years ended 2008 and 2009 within the next thirty days. The Company's fiscal year end is September 30.

Accordingly, the Company's management expects to publish its Company Information and Disclosure Statement through the OTC Disclosure and News Service, which will incorporate these financials statements within thirty days.

Once this disclosure statement is published, the Company expects to achieve full compliance to meet the requirements for the Pink Sheets' highest tier, "Current Information."

About Big Star Media Group, Inc.

Big Star Media Group, Inc. is a multi-faceted entertainment and information distribution company focused on web-based presentations of live music events, the promotion of new musical talent, film production, and corporate messaging.

Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Big Star Media Group, Inc

CONTACT:  Big Star Media Group, Inc.
Investor Contact
Jeff Skillen
615-794-4764

Copyright (C) 2009 GlobeNewswire. All rights reserved

News Provided by COMTEX


Related terms: corporate, entertainment, film, media, securities, web

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