International Star Inc (OTCMKTS:ILST) Gets A Fresh Start

Shareholders and the management of International Star Inc (OTCMKTS:ILST) are celebrating the last news. According to a recent press release, the company is negotiating a deal with another entity. If that is not exciting enough, the company is also in a process of taking new measures to enhance the value for the stockholders. The optimism is at its highest level. Read carefully the recent words of Ms. Donnell J. Vigil, CEO:

"The company is pleased to be moving forward in a positive direction and to maximize our opportunity to be a industry leader with this potential merger. This will be a monumental moment for the company." Source

As a result, the stock performance has been phenomenal in the last week. After 4 years of value destruction, the stock price is finally creeping up. Furthermore, taking into account the amount of shares that are currently changing hands, the upward trend may have a promising future. Check the following stock charts and form your own opinion: 4 years chart for ILST

Ten days chart for ILSTBusinessInternational Star is a US company with five unpatented lode claims totaling approximately 100 acres. The company has also located 18 unpatented lode claims, which have been staked and recorded with the U.S. Bureau of Land Management and the Mohave County Recorder.

ILST Image - International Star Inc OTCMKTS:ILSTIn addition to these assets, the company could be adding the new ones from the merger with the unknown third party. We will explain the next steps in the merger besides the benefits for ILST.What nextIf the transaction goes ahead, the company will most likely follow the following steps. We will be studying them very carefully, as they will determine the future stock performance. First of all, both companies will sign a non-disclosure agreement, so they will share their information without leaking it to the market. In this first part, ILST share price could creep up if negotiations take place.Secondly, the two parties are expected to sign non-binding agreements before completing a merger contract. Usually, non-binding agreements and bids could be released to the market, which could push up the share price. These events could be very beneficial for shareholders, who could see the share price increasing without news.Additionally, it is quite critical to review whether the company modifies the number of shares outstanding and the number of authorized shares. If the buyer is sure about the transaction, it will usually increase the number of shares. ILST may do it in advance to look more appealing to the other company. Thus, this is, undoubtedly, another event to monitor closely.Have a look at the capital statistics as of February 21, 2018. Memorize these numbers: ILST Capital Structure - International Star Inc OTCMKTS:ILSTBe sure to follow our website and subscribe to our distribution list. We will keep our readers informed.What's the company promising to the shareholders?Let's assess how ILST is seducing the market once again. First of all, completing a merger with another company would be very positive. The company would gain access to new assets, new know-how, and a new business model. Additionally, new personnel would be added to the firm multiplying the business opportunities and the growth. The results will depend on the new industry, which ILST will enter into, but this should not be a concern. The company said that the other company is operating in "a rapidly growing sector." Undoubtedly, it is a lifetime chance for ILST after years of value destruction.But, there is more.International Star, Inc. is right now making major corporate changes, which will help the company negotiate with the acquirer. They can be critical, as these steps should also benefit shareholders. The company is, for example, preparing its financial statements to become compliant with the stock market regulations. We expect to receive these documents in the following months. Be ready, because the market will assess them in detail. Consequently, the share price could move quite a bit. Finally, ILST seems to be preparing other developments to regain confidence and enhance shareholder value. The company provided little information, but stated that this is its main goal:

"The company's primary goal is to increase the value of the company and earn the confidence of its shareholders." Source

ConclusionCurrently trading with a market cap of $1.2 million, ILST is an interesting story among small caps. This is only the beginning. Thus it is the right time when we need to jump in and follow ILST. Many market participants already seem interested in this name. Have a look at the number of comments that appeared on the iHub forum. The expectations are quite high: iHub Reverse Merger - International Star Inc OTCMKTS:ILSTTo sum up, study the next movements of the stock price. It is better to assess the stock before the market gets crowded.We will be updating our subscribers as soon as we know more. For the latest updates on ILST, sign up below!Disclosure: We have no position in ILST and have not been compensated for this article.Image courtesy of Tommy Clark via Flickr