StockGuru News: MyStarU.com Sells 3rd Master Franchise License
MyStarU.com Sells 3rd Master Franchise License Telecom Communications, Inc. (OTCBB: TCOM) BEIJING, April 24 /Xinhua-PRNewswire-FirstCall/ — Telecom Communications, Inc. (OTC Bulletin Board: TCOM.OB - News), the Total Solutions Provider, announced today that its subsidiary, MyStarU.com online education net, has sold the exclusive license to a master franchisee — Hunan Culture Artist Training Center (”HCAT”) in Hunan province China. HCAT pays MyStarU.com a license fee of $200,000 in one time offer, and has rights to sell licenses to unlimited franchisees inside of Hunan province. HCAT plans total sales of 30 franchisees in 2007. A total of about 30,000 vocational students use…