EATR Eastern Asteria Inc (CE)

Eastern Asteria, Inc. (the Company) (Pink Sheets: EATR), is pleased to announce that the company has moved up a level within the Pinksheets market tier program as per the submission of their annual and quarterly filings with Pinksheets, LLC. This should provide shareholders and perspective investors with a new level of transparency.

Eastern Asteria remains on schedule to declare a stock dividend to shareholders of record as of Friday, July 30th, 2010, as previously announced on May 24th, 2010. Currently Eastern Asteria owns 15,000,000 million shares of bNET Communications, Inc. Eastern Asteria shareholders of record, as of July 30th, 2010, will be issued a total of 1.5 million shares, or 10% of Eastern Asteria’s holdings. bNET Communications, Inc. is a privately held company. These shares will be restricted shares and Non-transferable shares, as till such time that bNET Communications, Inc. makes their respective and required filings with certain regulatory authorities. Please be advised that the CUSIP Number for bNET Communications, Inc. is CUSIP Number: 05572C 100 and the ISIN Number: US05572C1009

The insiders of Eastern Asteria will not partake in the dividend. Currently, insiders hold a total of 1,074,047,420 common shares. Common shares held by the general public amount to a total of 1,157,737,464 common shares. The ratio as such will be that for every One Share of Eastern Asteria, Inc., a shareholder will receive .0013 shares of bNET Communications, Inc. Eastern Asteria shareholders has set this payment date to be August 31st, 2010.

Further details of registration and procedure will be announced shortly. Eastern Asteria will announce a second stock dividend in the near future.

For further information on how to receive this dividend shareholders are urged to contact their respective registered representative or Eastern Asteria, Inc. at 1-877-693-3130 or email ddy@easternasteria.com.

About Eastern Asteria, Inc.

Eastern Asteria, Inc. (www.easternasteria.com) (Pinksheets: EATR - News) is a multi-faceted company with global operations that retails gems and precious gemstone jewelry, as well as offering multimedia and other communication related technologies to assist companies in branding and growing their operations. Eastern Asteria, Inc. head office is located in Orlando, Florida.

This release contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual financial or operating results of Eastern Asteria, Inc. and its subsidiaries, including thegemstore.com, Inc. Winmax Media, Inc.(hereafter collectively referred to as "the Company," "we," "our" or "us") to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. The words or phrases "would be," "may allow," "intends to," "may likely," "are expected to," "may continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Such statements include those concerning our expected financial performance, our corporate strategy and operational plans. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties, including: (a) intense competition in the web development design, Internet solutions, e-commerce, and retail E-business; (b) whether we are able to manage our planned growth efficiently, including whether our management will be able to identify, hire, train, retain, motivate, and manage required personnel or that management will be able to manage and exploit existing and potential market opportunities successfully; (c) whether we are able to generate sufficient revenues or obtain financing to sustain and grow our operations. TheGemstore.com, Inc., and Winmax Media, Inc. all are wholly owned subsidiary of Eastern Asteria, Inc. All of the agreements and event coverage that each of the subsidiaries have entered into should not be construed by any means whatsoever as having any impact on or a reflection of the Company's future stock price or future financial.

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