Blue Star Opportunities Corp. (OTC:BSTO) Stock Jumps: 10% Here is why:

This morning, most investors are going to be tracking those companies that may have come into focus on Tuesday, and one of the companies that could be in play is Blue Star Opportunities Corp. (OTC:BSTO). The company hit the newswires yesterday after it announced that it was in negotiations with regards to the acquisition of a new line of business in the artificial intelligence, analytics, and intelligence space. In the news release, it was noted that Blue Star Opportunities had been provided with the opportunity to complete the acquisition of a personal medical advisory business that could be deployed online.

Once deployed online, it could help people with sports-related or medical conditions who may want to monitor the level of clinical care that they may receive. It was also noted that the clinical workflow and intelligence in the system had been used for a number of years in tertiary care hospitals. However, due to the advancements made in the realm of artificial intelligence, the system could now be made available online, so it could be possible for an individual to monitor his own clinical care.

In this context, Blue Star Opportunities stated that it was going to rely on the expertise of Stella Papadoukakis, its newly appointed clinical executive, in judging the opportunity in question and also in figuring out the merits of other acquisitions in the healthcare artificial intelligence space. In the news release yesterday, the company also noted that it was going to continue to provide updates with regards to the progress that might be made in the negotiations. At this point, Blue Star Opportunities Corp. is looking to get into new lines of business that could provide the company with better prospects in terms of growth and enhancement of shareholder value. It had been involved in providing eco-friendly flooring materials up until now.

 

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