CWLC – Stock GuruProfile – China Wireless Communications
I think it’s time to look closely at CWLC and decide where they are headed both for the short term and the long term. With restricted shares I am very interested in both.
China Wireless released second quarter results on May 15, 2007. We are fast approaching the time for third quarter releases. This is an important week to take a close look at this stock and decide what the sales figures are going to indicate. First quarter 2007 sales were over $153,000. For the year ended 2006, China Wireless notched over $478,000 in sales.
It’s time to make a call about third quarter.
CWLC is an information technology company working in the information technology industry and providing both wireless and wired high-speed data and telecommunication systems to its customers. In addition CWLC provide wireless connectivity for data and video surveillance networks and options in information technology, systems engineering, low voltage power, backup systems for data network equipment, data and video cabling and video surveillance equipment.
CWLC contract this past June with Hyundai High-tech Electronics, Inc, to provide electronic parts for Hyundai automobiles. China Wireless will provide outsourced engineering, management, maintenance, and computer equipment for the headquarters and manufacturing plant located in Tianjin, China. That’s big.
Precisely What CWLC Does:
CWLC owns a fifty-one percent interest in Tianjin Create IT Company Ltd., a People’s Republic of China company.
Create Co. provides information technology systems integration and internet protocol services to customers. It also provides IP routing equipment and network cabling and its customers are principally in the People’s Republic of China. Tianjin City is the third largest city in China and an hour away from Beijing. Create Co has a customer base in the education, oil and gas, banking, brokerage, commercial and government sectors and provided CWLC with an established presence in China.
During the third quarter of 2006, the Company formed a wholly owned subsidiary, CW Communications, Inc., a Colorado corporation (”CW Communications”), which operates in north Texas. Through CW Communications, technical and sales opportunities presented by the information technology side of its business are leveraged in the areas of video surveillance design, engineering and installation.
Our shares are restricted and we are sticking with CWLC. I think their Hyundai agreement is stunning and bodes well for the rest of their businesses.
CONTACT:
Larry Murphy
Corporate Communications Department
China Wireless Communications, Inc.
info@chinawirelesscommunications.com
http://www.chinawirelesscommunications.com
303.277.9968 Office
SOURCE China Wireless Communications, Inc.
URL: http://www.chinawirelesscommunications.com
China Wireless Communications Inc.
Denver Office:
1746 Cole Boulevard, Suite 225
Golden, Colorado 80401
Hawaii Office:
570 Dillingham Blvd., #214
Honolulu, Hawaii 96817-4601
Beijing Office:
China Wireless Communications, Inc.
0612 Room, 4 Lou, No. 9, Xi Ying Fang Bystreet
Dong Cheng District, Beijing 100011
Tianjin Office:
Tianjin Create Electronic Technology Company, Ltd.
1006 Time Building B
Anshanxi Road, Tianjin
Phone:
Denver: (303) 277-9968
Hawaii: (808) 486-5190
About China Wireless Communications, Inc.
China Wireless Communications, Inc., headquartered in Denver, CO, is an information technology company in North America and Asia. Our business plan is to provide both wireless and wired high-speed data and telecommunication connectivity for data and video over internet network systems to our customers.
Forward Looking Statements:
Statements regarding financial matters in this press release other than historical facts are “forward-looking statements.” The company intends that such statements about the Company’s future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from the expected results.
Forward Looking Statement: This release contains “forward-looking statements” based on current expectations but involving known and unknown risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, whether as a result of new information, future events or otherwise. The Company’s plans and objectives are based on assumptions involving judgments with respect to future economic, competitive and market conditions, its ability to consummate, and the timing of, acquisitions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the Company’s control. Therefore, there can be no assurance that any forward-looking statement will prove to be accurate. The Company makes no undertaking to update such forward-looking statements. Except for the historical information contained herein, the matters discussed in this release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See filings with the Securities and Exchange Commission, including, without limitation, recently filed Form 10-KSB and 10-QSB.
Disclosure: Pentony Enterprises LLC expects to be compensated up to seven million restricted shares directly from the company and was previously compensated $24,000 from a non-controlling third party 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 web site 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. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises no longer holds shares.
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