Biopack Environmental Solutions, Inc. (formerly Star Metro Corp.) and its subsidiaries formerly developed, manufactured, distributed and marketed bio-degradable food containers and disposable industrial packaging for consumer products made from natural materials.  In July 2012, the Company disposed its wholly-owned subsidiaries Starmetro Group Limited, Biopack Environmental Limited, Roots Biopark Limited, Jiangmen Roots Biopack Limited and Roots Biopack (Intellectual Property) Limited, which is the manufacturing and trading business of bio-degradable food containers and disposable industrial packaging for consumer products of the Biopack Environmental Solutions, Inc. group of the companies (the “Group”). The associated assets and liabilities of those five subsidiaries and the related business of the Group have been classified as discontinued operations and their operations have been reported in profit (loss) from discontinued operations.

The prior year results of continuing operations of the Company have been reclassified to profit (loss) from discontinued operations and the prior year amounts have been  restated to present the Company's operations as  discontinued operations in our consolidated statements of operations for all periods presented herein.