Correction: ClassicStar Owner Geostar Did Not Merge With Gastar
Updated: Wednesday, September 20, 2006 8:56 AM
Posted: Tuesday, September 19, 2006 5:24 PM
An article published at bloodhorse.com Sept. 11 detailing an investors lawsuit against ClassicStar incorrectly stated that a private company, Geostar, merged with a publicly traded company, Gastar (AMEX: GST), earlier in 2006.
According to Tony Ferguson, who currently manages ClassicStar, GeoStar is the owner of ClassicStar and is a minority shareholder in Gastar.
In addition, the article incorrectly stated that a report from the Kentucky Secretary of State's office listed Gastar as the managing entity of ClassicStar; the report listed for ClassicStar's members/managers a Michigan address that had been used by both Gastar and Geostar.
The Blood-Horse regrets the errors.
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