Monday, June 28, 2010

Independent Research Firm Initiates Coverage on VizStar, Inc. (VIZS.OB)

Murphy Analytics (MA) today announced its coverage of VizStar, Inc. (OTCBB:VIZS). The firm’s Initiation Report details the company’s business model, market dynamics, industry competitors, macroeconomic data and indicators, financial results and risks.

The complete Initiation Report is available at http://www.murphyanalytics.com/uploads/VIZS_Initiation.

Analyst Patrick J. Murphy, CFA noted in the report: “Macroeconomic indicators and private jet industry conditions and trends seem to point towards an increasing demand towards the use of private jet charter as an alternative to the significant capital expenditure required for private jet purchase as corporations enjoy increasing profits but cite concerns regarding the labor market, taxes, and U.S. fiscal policy. Serving as additional evidence of this trend, Q1 2010 revenue results for Celestial Jets grew at an annualized pace of over 50% versus 2009 revenue.”

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