Friday, August 10, 2012

Star Scientific, Inc. Files Second-Quarter Financial Report and Updates Research and Marketing Activities

GLEN ALLEN, Va.-- Star Scientific, Inc. (NASDAQ: STSI) today filed its second-quarter 2012 financial report on Form 10-Q with the Securities and Exchange Commission.  The Company reported net sales totaling $1.6 million for the three months ending June 30, 2012, compared with net sales of $0.3 million for the same period in 2011. Net sales for the six months ending June 30, 2012, totaled $2.76 million compared with $0.4 million for the same period in 2011.  The 560% increase in net sales for the six months endingJune 30, 2012, was largely based on increased sales of Anatabloc the Company's dietary supplement that is designed to support the immune system in maintaining healthy levels of inflammation.