CWLC – Stock GuruProfile – China Wireless Communications
If Tianjin is code for WiFi then CWLC is code for staying in it for the l-o-n-g h-a-u-l.
Our shares are restricted and we are sticking with CWLC. I think this is a winner concept and a winner company.
I believe in CWLC and I believe in wireless or WiFi for good reasons.
I totally believe the next big thing is WiFi cities and when you’ve got a one party government in China they get what they want – when they want it. When that one party government says go wireless, I believe Tianjin is going to be wireless very soon. (Remember they executed the head of the FDA — for corruption.)
The nation of China said go wireless NOW. In China these governmentally sponsored programs move fast – why? because the governmental bureaucrats get paid when things happen and not until. (Not to mention the discipline involved when things don’t happen.) This is completely the opposite of our system Not that I am advocating a one party system but it has its advantages and it’s smart to understand them and use them for trading on this information!
Check out this chart for the last seven days and you will see I am not the only one that sees the payoff here.
On Friday I wrote about the sustained upward trajectory that CWLC is taking as reflective by its cash flow.
There is a reason this is happening and that’s because what CWLC does and where CWLC is located is in the epicenter of the world’s WIFI dynamics. One fifth of the world’s population is in China.
Negative EBITDA for China Wireless Communications, Inc. for its quarter ended March 31, 2007 was $(215,116), an 84% improvement over the year earlier same quarter when China Wireless Communications generated $(1,342,551) in negative EBITDA.
China Wireless Communications has generated nine consecutive quarters of negative EBITDA. EBITDA for the most recent quarter also reached a four year high. For China Wireless Communications’ twelve months ended March 31, 2007, EBITDA was $(1,228,485), compared with $(3,405,395), a 64% improvement over the comparable year earlier twelve months.
Negative Free Cash Flow for China Wireless Communications, Inc. (OTC:CWLC) for its quarter ended December 31, 2006 was $(15,347), a 88% improvement over the year earlier same quarter when China Wireless Communications generated $(129,844) in negative Free Cash Flow.
As Tianjin goes wifi for the entire city, as demanded by the government — CWLC will be there.
Lowdown on Tianjin: fourth largest city in China and one hour train ride from Beijing.
Wifi mapping below:
More soon!
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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