Northstar Electronics, Inc. (NEIK) Becomes a Current Reporting Issuer with Its US SEC Filings; Preparing To Up-List to the OTCQB

VIRGINIA BEACH, VA / ACCESSWIRE / May 26, 2016 / Northstar Electronics, Inc. (OTC: NEIK), a product development company, working primarily in the aviation, defense, and marine industries, becomes current with the US SEC on its mandatory filings.

On May 23, 2016, the Company filed its 2015 FORM 10-K audited report for the year-ending December 2015 and its first quarter 2016 FORM 10-Q for the period ending March 31, 2016, with the US Securities and Exchange Commission (SEC). The Company is now up to date with its filings under the 1933 Act.

Northstar now intends to apply for its stock to up-list from its current trading platform, OTC PINK to the OTCQB trading platform in the immediate future. Once there, management believes the credibility of the OTCQB listing will be an advantage for the Company when dealing with accredited and institutional investors.

Northstar continues to work towards an agreement with an international aerospace company for the rights to a turbo prop single engine commercial airplane. With an agreement in place, Northstar’s subsidiary, Northstar Sealand Enterprises Ltd. (NSEL), plans to initiate its primary activities including an active marketing campaign to introduce the new version of the airplane to high prospect areas internationally.

The Company will shortly be actively pursuing a capital raise. Money from our capital raise campaign will be utilized mainly for NSEL’s operational needs, enhancements to present production capabilities, new business development, and public company disclosure requirements. Management focuses on raising working capital through non-dilutive methods.

For further information about this release, contact, Rich Kaiser, Investor Relations, Yes International, 757-306-6090, yes@yesinternational.com.

For Corporate Communications, contact Eddie Cruz, Cruz Capital Advisors, 800-972-1656

About Northstar Electronics, Inc.

Northstar was established in the late 1990’s. The Company has carried out design and manufacturing contracts for various divisions of Lockheed Martin Corp., including LM MS2 (Submarine Command and Control Consols), LM Canada ( Naval Anti-Terrorism System), LM Aeronautics ( Parts for P-3 Orion Airplane), and L-3 ( Navy Frigate Command and Control Consoles). Northstar also designed, manufactured, and sold its own sonar-based system to commercial customers.

In the past few years, we have worked towards re-establishing the company in the key areas in which it has excelled in the past and, thereby, to grow the company bigger and stronger than it was previously. To that end, we have brought together a team of world-class professionals who are fully dedicated to Northstar’s success.

Website (under construction at this time): www.northstarelectronics.com.

Safe Harbor Statement:

This press release may include predictions, estimates, opinions or statements that might be considered “forward-looking” under the provisions of the Private Securities Litigation Reform Act of 1995. Such statements generally can be identified by phrases such as the Company or its management “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates,” or other, similar words or phrases.

Contact: Rich Kaiser
Investor Relations
757-306-6090

Eddie Cruz
Cruz Capital Advisors, Inc.
800-972-1656

SOURCE: Northstar Electronics, Inc.

ReleaseID: 440446