client login
Remember Me
Forgot Password

The Kelsey Report® Advisory

ValueStar Demise a Blow to Consumer Ratings
Charles Laughlin, Neal Polachek , 10/18/2001

Issue: Will There Ever Be a Business Case for Ratings?

News: ValueStar Corp., which had recently vowed to provide quality ratings for all of the U.S.'s estimated six million service-based businesses, just shut its doors. The San Francisco company cited the difficulty of raising capital in the post-September 11 environment as a key cause of its demise. A publicly traded company, ValueStar posted losses of $17.2 million on revenues of $1.1 million for the year that ended in June. Last year, the company lost $14.4 million on sales of $2.1 million.

Copyright � 2005 The Kelsey Group. All Rights Reserved.
This published material is for internal client use only. It may not be duplicated or distributed in any manner not permitted by contract. Any unauthorized distribution could result in termination of the client relationship, fines and other civil or criminal penalties under Federal law. The Kelsey Group disclaims all warranties regarding the accuracy of the information herein and similarly disclaims any liability for direct, indirect or consequential damages that may result from the use or interpretation of this information.

Learn more about:

TKG clients

Summaries of White Papers and Advisories

What TKG clients receive


The Kelsey Group, Inc., 600 Executive Drive, Princeton, NJ 08540-1528
Tel: (609) 921-7200 Fax: (609) 921-2112 E-Mail: [email protected]
Copyright© 2006 The Kelsey Group. All Rights Reserved.