November 12, 2009 (FinancialWire) — Bluestar Financial Group, Inc. (OTCBB: BSFG) said it has entered into a letter of intent to purchase all of the outstanding shares of YouChange, Inc., a “re-commerce” firm, in a stock for stock transaction.

YouChange has created a one-stop online platform for consumers and businesses to dispose of their used electronics. The firm offers a consumer rewards program and recycling network, and plans to provide consumers and businesses with a solution to the problem of e-waste.

According to Bluestar, items collected by YouChange will either be refurbished and re-purposed into the economy or recycled.

Scottsdale, Arizona-based Bluestar Financial plans to provide services in the Green Tech and e-waste sectors. The company was founded in 2002.

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