Genesis Technology Group, Inc. (OTCBB: GTEC)
Genesis Technology Group, Inc. (OTCBB: GTEC) – Tuesday’s shares increased 11.11% to $0.15. 228,794 shares were traded. Genesis Technology Group announced on May 17th it has signed a leading Chinese pharmaceutical company as the sixth member of its private-to-public partnering program. Based on information provided by the Chinese company, fiscal 2006 revenues topped $92 million and net profits exceeded 16%. “Our newest partner company is decidedly our largest to date,” remarked Dr. Shaohua Tan, Genesis Director in Beijing. “Our U.S. executive team soon will assemble in China to conduct discussions on how to best utilize this well-established pharmaceutical company in our capital and growth program.
Genesis Technology Group, Inc. attempts to create value by partnering with Chinese companies deserving of global support from Western investors and funding sources. They have created a profit center by enhancing Chinese companies in a wide range of sectors, creating so-coined “partner companies”. Genesis makes a long-term commitment with management consultation, board of directors’ composition, creation and implementation of promising business models, which include expansion of markets in China and abroad. To help drive the success and profitability of these operations, Genesis provides resources and proficiency to maximize partners’ leadership potential first in China and attempts to increase high-margin, predictable earnings through organic growth and judicious acquisitions.
We Invite you to Visit the All New StockGuru Blog!
Here you will find updates on all our covered companies, including Profiled Companies and StockGuru Picks.
Click HERE to visit the Blog, or go to:
http://stockguru.com/blog/
StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (469) 252-3030. Web: StockGuru.com. Email: Publisher@stockguru.com. ADOV Disclosure: Pentony Enterprises LLC is compensated for profile coverage of many publicly traded companies. Compensation is clearly shown in detail when that is the case. GTEC Disclosure: Pentony Enterprises LLC has been compensated $3,600 and 265,000 restricted shares directly from the company for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.