ChinaMedia Group StockGuru Profile CHMD.OB
CHINA MEDIA GROUP CORPORATION 8-K Link Here.
I think CHMD has taken an incredibly smart approach in their advertising campaign in China. They are acquiring assets which they will continue to hold long after their contract with the Chinese government expires in 2015.
China Media Group’s agreement with the shareholders of Conwood Industrial Limited to acquire 70% shares means that CHMD is acquiring an interest which owns 49% of Conwood Industrial. This will give them a substantial interest in a company that owns and operates a microwave network in Hunan province and has a 25% interest in a digital television channel.
I can think of no better way to conduct an advertising campaign than to own the advertising venues!
CHMD is positioning itself to develop its Health Education Message and to retain important assets once that project is completed. Smart, smart, smart as China hurdles itself towards the largest middle class this world has ever seen and CHMD is in the big middle of that incredible state sponsored urbanization.
Source: China Media Group
China Media Group Corporation
9901 I.H. 10 West, Suite 800
San Antonio, TX, 78230
Hong Kong Office
1803 Chinachem Tower
34-37 Connaught Road, Central
Hong Kong, China
Phone: +852 3171 1209 ext 222
General Information: info@chinamediagroup.net
Investor Relations: ir@chinamediagroup.net
Website: http://www.chinamediagroup.net
Forward Looking Statement: This release contains forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements contain words such as “expects,” “believes,” “anticipates” and “intends.” Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, economic conditions affecting the B2B environment; continued ability to obtain hardware, software and peripherals at competitive costs; the company’s ability to finance its planned expansion efforts; the company’s ability to manage its planned growth; and changes in regulations affecting the company’s business and such other risks disclosed from time to time in the company’s reports filed with the Securities and Exchange Commission. The company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in management’s expectations, except as required by law.
Disclosure: Pentony Enterprises LLC has been compensated 1,050,000 restricted 144 shares, shares directly from the company for profile coverage. Pentony Enterprises is not a registered investment adviser or a 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.
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