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In your post, "Sharktnk," you quoted the following:
Thank you. Very interesting!Didn't cost nearly as much as I imagined.What a great way for a nice China based Company to get the word out.There are many China Companies that trade on the OTC that are undervalued and can certainly use this service to wake up their undervalued shares plus they have the money to do so..Its a great way to get investor awareness out to the public matter where the Company is located. = ALL IMHO.
Hey Jeff,I can only imagine what they paid for a mailer like you have. I am sure many people now have that mailer for weekend reading and that starting next week this baby could see some significant volume increase along with $2.00 or over once again.
Your right they are letting it rise slowly this time around and from my view yesterday it was 90% buying on the ask.
Should be an interesting week though. :)
I received my copy today. It's quite impressively done, almost like a magazine, instead of a newsletter crammed into an envelope.
Stockcharts.com doesn't have CGLO but bigcharts.com does. I noticed a nice rise in January followed by a dump in which almost everyone unloaded their shares. Now, the pps is rising, again, but not as steeply. I'm wondering if another dump is in the offing.
I'm keeping my eye on this stock.
I'm thinking that those who put the mailings together, this one and others, get our names and addresses from either our broker or from some of the stocks we're currently playing. This is just a guess, of course; I really have no idea as to how they get our contact information.
Welcome to the thread BlueBliss,everyone has gotten a pamphlet here except for me. :( Thats ok though because I found this baby in the pennies and loaded but I only got out of 1k shares @ $2.00 and then she was dumped via profit taking to $1.08 and now she has a steady slow rise for a week to this $1.50 range. IMHO were in for more good news and this stock can go up very fast without notice.
It can also go down very fast without notice. I am convinced we run to well over $2.00 again within 1 week. IMHO
PS gave you your very 1st member mark. :)
Just wanted to say "hello" to everyone here. I also received the pamphlet in the mail and have been doing some research on CGLO. Seems like it may be worthy of some attention at this point.
Cheers!
I couldn't agree more with you! :)
Great close today! Up 20 cents back to a PPS of $1.42. In my opinion the dumping and panic selling is finished and investors are now accumulating here. We should retest $2.00 shortly and will hopefully form a base at it.
Long and strong CGLO
-Disher
Hey Disher, good to hear that I am not alone! Still curious how I got on their mailing list. I am not at all familiar with Chinese companies that aren't already brand names or otherwise fairly well known besides a few in the semiconductor sector.
So that also led to my skepticism. Will be keeping an eye on this though.
Sharktnk, I too found out about China Global Media through that pamphlet that "The China Club" handed out. At first I was worried because I thought this would just be a pump and dump scam like all of the others out there in this world. However, after doing some serious DD and looking at the latest financial statements put out by CGLO, I came to the conclusion that this company is the real deal. This company is primed for growth in the future.
I believe that the organization that sent out "The China Club" pamphlets held a great amount of stock in this company and then sold once it hit the $2.00 mark. I am hoping that this organization is done with CGLO and lets this baby run. Just look at all of these wonderful contracts CGLO is getting right now. This company will produce great revenues in the year 2012 and in the future.
-Disher
Wish I had been paying attention :)
The disclaimer had me a bit suspicious the way all these associated companies were interlinked -
Part of it states that: The China Dispatch and\or it's publisher, Investorinsight Publishing III, Inc. dba The China Club did not receive any direct compensation (other than future subscription revenues ... etc.) with respect to the publisher of this Advertisement. An affiliate of Investorinsight Publishing III (Casson Media Group, Inc.) has received $15,000 in cash compensation (Note, the dollar amounts are always spelled out so they don't jump out at anyone, but I'm typing this out so ...) to assist in the writing of this advertisement. Next Media LLC paid $356,840 to marketing vendors to pay for all the costs of creating and distributing this report, including printing and postage, in an effort to be build investor awareness.
And then this excerpt:
Next Media LLC was paid by non-affiliate shareholders who intend to sell their shares.
And the proverbial, Staff members may hold positions ... and may buy or sell on the open market at any time
That may have explained the two day pounding. I'm ambivalent to it, and it may all be on the up and up ...
I believe this is the 'issue' that was sent out, but you have to be a member to view it:
http://www.thechinaclub.org/?page_id=874
Hey there Shark,no I didn't get the mailer but it sounds great! We had a beautiful quick run here from $0.35 to $2.05 and was expecting profit taking but not with such a severe 2 day pounding. She firmed up late yesterday so maybe another run for next week? She can go up just as fast as she went down. May have to flip some on the next run
Hi guys, thought I would pop in here.
I received an unsoliciteded, 18 page, glossy mailer from an outfit called "The China Club" a week or two ago touting CGLO. I have no idea how they got my name or how I ended up on their mailing list.
Here's their website, although I cannot find any mentions of CGLO
there:
http://www.thechinaclub.org/
Mike Casson is the Executive Director according to the write up I have, some more info on him:
http://www.linkedin.com/profile/view?authToken=JqxW&authType=name&locale=en_US&id=22377824
As well as his main company website, with accompanying links:
http://www.cassonmediagroup.com/media-affiliates/the-china-club
Just some general info I thought I would pass along. Curious if any of you received the same?
Nice pick up! I agree with you that it is probably just profit taking today from those who loaded up in the 0.50 - 1.00 range. I mean, the PPS couldn't go up every day. It was due for a pull back at some point. Hopefully we can retrace and move back up into the 1.70's by the end of the day. In my opinion this is a healthy pullback.
-Disher
Well I was able to get in more @ $1.41 she was all the way down to 1.23 but I was looking for a bottom bounce. I think were fine here.
My post yesterday was way off. I think this is just someone taking a nice profit from the .50 range. She should move back up now.
1.41 x 1.42 - down 29%. What the heck happened? What is up with the huge dump that just occurred?
-Disher
She hit $2.05 as high of day and finished unchanged @ $2.00 so even with some of the profit taking I saw today I feel she is gonna go on the next step towards $2.25 IMHO. keeping the faith
Amazing run.I let go of only 1k shares @ 2.00 holding the rest with hopes of continued gains. The News today was fantastic!
CGLO's PPS is now $2.00! and is still climbing. There is so much upside potential here it is incredible. If they keep announcing these huge contracts worth millions of dollars throughout the year, I wouldn't be surprised if we break $3.00 by March.
-Disher
China Global Media, Inc. Signed $17.2 Million Cosmetics Advertisement Agreement
China Global Media (OTCBB:CGLO)
Tuesday, 17 January 2012
China Global Media, Inc. (OTCBB: CGLO)'s affiliated operating company Changsha Zhongte Trade Advertising Co., Ltd has signed a one-year exclusive advertisement placement agreement with Guangzhou Jiahe Cosmetics Manufacturing Co., Ltd ("Jiahe") to place advertisements for Jiahe's cosmetic products on Hunan Satellite Television Channel. The total advertisement fee that Company expects to receive under this agreement is approximately US $17.2 Million for year 2012.
Yes sir! Certainly would be nice to see $2.00 today before a long weekend.
Okay thanks for clearing that up for me - I appreciate it.
Looks like CGLO is going to keep flying higher and higher. Great news out today!
China Global Media, Inc. Announces $2.6 Million Radio Advertisement Placement Agency
Today : Thursday 12 January 2012
China Global Media, Inc. (OTCBB: CGLO) is pleased to announce that Changsha North Latitude 30 Cultural Communications Co., Ltd. ("North Latitude"), one of CGLO's affiliated operating entities, has entered two one-year industry specific advertisement placement agency agreements with Hunan Golden Eagle 955 Radio Station ("Golden Eagle"). Under these two agreements, Golden Eagle appoints North Latitude as its exclusive agency to place advertisements for customers in the automobile and beverage industries. Given the placement rights that the Company receives under these two agreements, the Company expects to receive approximately US $2.6 million in advertisement fees in the 2012 fiscal year.
About China Global Media, Inc.
China Global Media, Inc. (OTCBB: CGLO) mainly engages in the business of advertisement and brand name development in China, especially in Hunan Province and other southern Chinese provinces. It carries out business operations through its Hong Kong subsidiary Phoenix International (China) Limited, its Chinese subsidiary Hunan Beiwei International Media Consulting Co., Ltd, and, by contractual arrangement, its three affiliated operating entities including Changsha North Latitude 30 Cultural Communications Co., Ltd., Changsha Beichen Cultural Communications Co., Ltd. and Changsha Zhongte Trade Advertising Co., Ltd. Additional information about China Global Media, Inc. can be found on the web at www.cnbwi.net.
Its was filed with the SEC on Dec 23rd.The maximum share price is $2.50 on the "offering" only. The share price can go as high as it wants but lets say the shares are at $5.00 when that offering is done then the investors who bought the offering can make a quick 100% by selling however I am not saying that's going to happen just an example. Now lets say the shares are under that max $2.50 offering price then the Company will decide at what price the investors will get. Of course the Company wants the max for the shares as they will take in more dollars.
The thing about these offerings is that we never know when they close until the day it closes.
I member marked you so we can follow one another on the threads here for other Companies that look interesting. :)
When you say that the private placement is at a maximum share price of $2.50, what do you mean by this? Can you elaborate more on this - I've never seen this before in a stock I've invested in. Are you saying that the share price of CGLO can only get up to $2.50? What happens after $2.50 is hit?
Thanks!
-Disher
Remember the Private placement is at a max of $2.50. If CGLO runs well above that price before the PP is closed then those investors will have instant profits. :))
I know right? I'm hoping for a pullback so I can load more shares but all this seems to do is run higher and higher each day haha. I think that the market feels that this stock is undervalued which is why we are seeing such a spike in PPS. Investors are trying to gather up as many shares as they can at these levels. I wouldn't be surprised if this shoots up all the way to $3.00 within the next month. What a great stock!
Financials should be out soon - can't wait to see the growth CGLO is experiencing.
-Disher
Beautiful close 1.76 on 317k volume. I am excited! What a sweet co.
I agree. The PPS of CGLO is currently trading at 1.71 and continues to shoot up. I believe that this company is way undervalued and with their expected growth over the next few years, this is a very solid investment. I was reading online somewhere that analysts are projecting $8.00 a share in the next 11 months.
As always, it will be nice to see CGLO's 4Q 2011 numbers to show its amount of growth and where they are headed in the future.
-Disher
The secondary offering is at a max of $2.50 and at this rate could go well above that mark in the open market. I am betting that it will.
China Global Media, Inc. Announces $2.5 Million Television Agreement
China Global Media (OTCBB:CGLO)
China Global Media, Inc. (OTCBB: CGLO) is pleased to announce that Changsha Zhongte Trade Advertising Co., Ltd ("Zhongte"), one of CGLO's affiliated operating entities, has entered a one-year Television Advertisement Agreement with Guangzhou Aoda Biological Beauty and Health Technology Development Co., Ltd ("Aoda"). The total advertising fee that the Company will receive is approximately US $2.5 million that will be recognized in the 2012 fiscal year.
Under this Television Advertisement Agreement with Aoda ("Aoda Agreement"), Zhongte will act as Aoda's advertising agent to publish advertisements for Aoda's products on Hunan Satellite Television Channel, one of the most popular province level satellite television channels in China.
About China Global Media, Inc.
China Global Media, Inc. (OTCBB: CGLO) mainly engages in the business of advertisement and brand name development in China, especially in Hunan Province and other southern Chinese provinces. It carries out business operations through its Hong Kong subsidiary Phoenix International (China) Limited, its Chinese subsidiary Hunan Beiwei International Media Consulting Co., Ltd, and, by contractual arrangement, its three affiliated operating entities including Changsha North Latitude 30 Cultural Communications Co., Ltd., Changsha Beichen Cultural Communications Co., Ltd. and Changsha Zhongte Trade Advertising Co., Ltd. Additional information about China Global Media, Inc. can be found on the web at www.cnbwi.net.
China Global Media's Future Turnover Projections:
Short-term Development Goals:
In 2011, the company hit an annual turnover of nearly US $40 million and reaps a profit of US $7 million; in 2012, it attempts to hit an annual turnover of US $80 million and reap a profit of US $15 million; in 2013, it attempts to hit an annual turnover of over US $150 million and reap a profit of $30 million, maintaining an annual profit growth rate of 25%.
Taken from http://www.cnbwi.net/about/&FrontComContent_list01-1320919151106ContId=dc29c22b-edc2-42ba-9957-76f8a646d5c9&comContentId=dc29c22b-edc2-42ba-9957-76f8a646d5c9.html
-Disher
China Global Media, Inc. Announces the Addition of Two New Members to Its Board of Directors
8:30 AM ET 12/30/11 | Marketwire
China Global Media, Inc. (OTCBB: CGLO) is pleased to announce that two new members, Ms. Min Yang and Mr. Bingchuan Xiao, have joined its board of directors.
Ms. Min Yang was appointed to the Board of Directors on December 12, 2011 accompanying her investment of $1.44 million U.S. dollars in the Company. Ms. Yang, age 42, has been the chairman of board of Changsha Yilong Department Store and the director of Hunan Zhongdian Yijia Smart Household Technology Co., Ltd. since 1995. From 1990 to 1995, she worked in Industry and Commerce Bank of China Changsha Branch. She graduated from Zhongnan University of Economics with a degree in Applied Mathematics. Ms. Yang is a highly successful and reputable business woman in media and retail markets in Hunan Province.
Mr. Bingchuan Xiao was also appointed the Board Director on December 12, 2011. He is qualified as an "Independent Director." Mr. Xiao, age 51, has been working as the deputy general manager of Beijing Fortune Capital Management Co., Ltd since February 2010. From November 2008 to January 2010, he worked as a Director of China Infrastructure Construction Corporation, an OTCBB listed company. From May 2007 to October 2008, he worked as the deputy general manager of Beijing Xing Yu Qing Technical Trading Company. From May 2001 to April 2007, he acted as the consultant and representative of SOS Kinderdorf International in China. From October 1993 to April 2001, he worked as the deputy general manager of Jiangsu Nanbei Industrial & Trading Company. From August 1983 to April 1990, he worked as a senior interpreter at the Ministry of Foreign Affairs of China. Mr. Xiao graduated from Guangzhou Institute of Foreign Languages with a Degree of Bachelor of Arts in English Literature and linguistics in 1983.
"We are excited that Ms. Yang and Mr. Xiao joined our board of directors," commented Mr. Guolin Yang, the President and Chief Executive Officer of the Company. "They will not only contribute to improving our corporate governance, but also assist us to achieve more rapid business growth."
Upon Ms. Yang and Mr. Xiao's joining the board, the Company's board of directors consists of five members, including Guolin Yang, Jun Liang, Hongdong Xu, Min Yang and Bingchuan Xiao.
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