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Tuesday March 09, 2010

DrStockPick.com Stock Report!

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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:

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWE News Wire publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) has received thirty thousand dollars cash compensation from a third party (AIZER FOUNDATION INC) for 30 days of media advertisement services for Mobile Star Corp. (MBST.OB).

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Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. (read more) . Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) has received thirty thousand dollars cash compensation from a third party (AIZER FOUNDATION INC) for 30 days of media advertisement services for Mobile Star Corp. (MBST.OB).