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GCME - GREATER CHINA MEDIA (OTCBB)
Date Open High Low Last Change Volume % Change
06/29/07 0.1300 0.1300 0.1300 0.1300 unch 1200 unch%
Short Term Indicators
7 Day Average Directional Indicator Buy
We sure will...eom
Nice to have you on board with us Masontrend. It will get busy over here pretty soon.
dow 30 made some hay today.
Dow 30 With Point and Figure Charts , Dow Discussion...15th born #board-7254
I know it will be a quiet week due to the holiday but this stock is a steal at this price.
i may have done a look at the wrong click to. must need an upgrade on my prescription.
i may have done this one.
OTC BB | Media - Television Networks/Service Providers
make sure ya give us a tooter at
BBCMF
maybe readers will like to see it there.
well best way is to have a company with good mgmt. need to go into that some for us.
Great job Mick. It's time to let boards know about 'Greater China Media & Enterainment Corp.'
is this what you wanted?
a list of all media stuff?
http://www.investorshub.com/boards/boards.asp?cat_id=70
did you know when clicking your title it takes ya here instead of going back to the GCME forum.
http://www.investorshub.com/boards/boards.asp?cat_id=70
when you click it is suppose to take ya back to your message forum.
maybe board markers will go up some.
we have four.
last pr looked pretty good.
June 25, 2007 - 12:53 PM EDT
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Greater China Media and Entertainment Corporation Announces Joint Venture With Mega Vision Productions Limited for 'Tough Guy' Movie
BEIJING, June 25, 2007 (PRIME NEWSWIRE) -- Greater China Media and Entertainment Corporation (OTCBB:GCME) ('GCME'), an integrated professional media and entertainment company, today announced that it has signed a joint venture agreement with Mega Vision Productions Limited, ('Mega Vision') to produce a movie tentatively titled "Tough Guy". Mega Vision is a subsidiary of See Corporation Limited, a Hong Kong stock exchange-listed company.
The joint venture follows a recent announcement by the two companies to cooperate on the production and distribution of a 25-episode television series tentatively titled "True Love". As in the case of "True Love", famed director Wong Jing has been retained to supervise and edit "Tough Guy".
Under the terms of the joint venture, the total investment for "Tough Guy" will be approximately 7.5 million Chinese RMB (approximately US $1 million), with each company responsible for 50% of the investment and to be paid in four installments. GCME and Mega Vision will co-produce the movie and a third party will be responsible for its cinematography.
GCME will be responsible for distribution in mainland China excluding Hong Kong, Taiwan and Macau. Mega Vision Productions will be responsible for distribution in Hong Kong, Taiwan, Macau and oversea markets. GCME will be entitled to 50% of the profits generated from the movie.
"We believe we have the ideal formula to further GCME's ambitions of becoming a leading media and entertainment company in the industry -- a strong partner in Mega Vision, an outstanding director and newly-named general consultant to GCME in Wong Jing and a strong group of actors and actresses," stated Jake Wei, chairman and CEO of Greater China Media and Entertainment Corporation. "Among the cast are Ye Liu, the acclaimed young actor from Mainland China, known for his bold performance in the movie 'Lan Yu' and Anthony Wong, a Hong Kong Film Awarded best actor. Their talents, when combined with the GCME-Mega Vision production capabilities, we believe, will ensure the success of 'Tough Guy.'"
About Greater China Media and Entertainment Corporation:
Greater China Media & Entertainment Corp. is an integrated professional media and entertainment company which covers various areas including film and TV program production, management, promotion and distribution. The Company will have its own film and television production center, promotion agency, audio-visual distribution company, digital network company, talent agency, and sales and advertising agency as a result of recent joint ventures. Together the team is capable of making films, TV programs and related projects on a large scale.
In June 2006, the Company signed and closed an Acquisition Agreement with Triumph Research Limited, which is a BVI company and party to a Joint Venture Agreement with Beijing Tangde International Film and Culture Co., Ltd. ("Tangde"), a Chinese company focused on producing TV programming and movies. In September 2006, the Company formed a joint venture with Beijing New-Element Co. Ltd., a promotion and marketing company based in Beijing. The Company also signed an agreement with Beijing Star King Talent Agency, Star Agency, to form a joint venture.
In June 2007, the Company took delivery of its first script for the TV series "True Love," to be directed by famed director Wong Jing, and signed a production and distribution deal for the series with Mega Vision Productions Limited. The Company also signed a production and distribution deal for TV series "Poor Dad, Rich Dad" with HuaYi Union Cultural Media Investment Company Limited. For more information please visit the Company website at http://www.greaterchinamedia.com
Forward-looking statements
This report contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this report are forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors; developments of the Chinese and North American markets and changes in regulatory matters; our business strategies and future plans of operations; the market acceptance and amount of sales of our products and services; our historical losses; the competitive environment within the industries in which we compete; and our ability to raise additional capital, currently needed for expansion.
The Company cautions that forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements due to several important factors.
CONTACT: Greater China Media & Entertainment Corp.
Jake Wei
+86-10-5921-2333
Source: PrimeNewswire (June 25, 2007 - 12:53 PM EDT)
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Detailed Quote for Greater China Media and Entertainment Corp. DL 6/30/2007 10:22 AM
GCME Last: 0.13 Change: 0.00(0.00%) Volume: 1.2 k Last Trade: 6/29/07
Today 5 Dy 1 Mo 3 Mo 1 Yr more
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0.13
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0.16
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0.13
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Last Trade
6/29/07
Volume
1.2 k
close52 Week Information
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July 11,2006
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Mon, Jun 25, 2007
12:53 PM Greater China Media and Entertainment Corporation Announces Joint Venture With Mega Vision Productions Limited for 'Tough Guy' Movie - PrimeNewswire
Mon, Jun 18, 2007
8:30 AM Greater China Media and Entertainment Corporation Appoints Wong Jing as General Consultant to the Company - PrimeNewswire
Fri, Jun 15, 2007
8:30 AM Greater China Media and Entertainment Corporation Announces Joint Venture in 'Poor Dad, Rich Dad' Television Series - PrimeNewswire
Tue, Jun 12, 2007
12:38 PM Greater China Media and Entertainment Corporation Announces Completion of Scripts and Selection of Famed Director Wong Jing to Supervise Its 'True Love' Television Series - PrimeNewswire
Fri, May 11, 2007
9:00 PM Greater China Media and Entertainment Corp. Launches Huading Century as its Chinese Brand Name - PrimeNewswire
Thu, May 03, 2007
8:17 AM Greater China Media & Entertainment Corp.'s Chinese Subsidiary Qualifies as an Approved Public Relations Vendor for Microsoft China - PrimeNewswire
Tue, May 01, 2007
10:23 AM Greater China Media and Entertainment Corp. Signs Agreement to Distribute Documentary Film 'Long March' - PrimeNewswire
More News for GCME More Filings for GCME
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hi ron, i finally got here. been really busy. pps is up about 40% from 52 week lows.
hey bud. have a great weekend.
06/28/07 0.1300 0.1400 0.1300 0.1300 +0.0300 40550 +30.00%
Short Term Indicators
7 Day Average Directional Indicator Buy
looking good buddy, see ya tomrrow!
This stocks goes up very easy! Imagine when real buyers come in?
GCME Last: 0.14 Change: +0.04(+40.00%)
GCME Last: 0.13 Change: +0.03(+30.00%)
hello... just started looking at GCME...
and it sounds like it could be a GREAT opportunity to buy near the bottom of a 52-week decline.
No doubt there is a big market in China that is just now beginning to be tapped by commercial entertainment efforts like this. I see several of my advisory letters now saying China and India are moving toward robust economies!
For the big ticket stocks in these risky markets, I prefer to let a couple of managed funds I have sort it out! But now and then, a lower priced stock such as this looks like it might be worth buyng a small position and seeing what develops.
I think this looks very interesting and am beginning to do some DD on it...
thanks to all for posts that are a helpful start.
Have recently gotten some bonafide information that a marketing/media blitz of this company and it's prospects is set to begin within the next 30 days.
LM
Up 10% not bad, I'll take it. Rome wasn't built in a day.
Detailed Quote for Greater China Media and Entertainment Corp. DL 6/22/2007 5:43 PM
GCME Last: 0.11 Change: +0.01(+10.00%) Volume: 37.0 k Last Trade: 3:59
Start buying my friend, I feel you will be very happy!
thanks for the tip alwaysright. Me and my friends always follow you. we'll be buying tomorrow.
hi AR, looks interesting . hmmm
Wong Jing
AKA: Wong Ching, Wang Jing
Gender: male
Born: 1956 (Hong Kong)
Biography: As primarily a writer and director of Hong Kong action and comedic films, Wong Jing is regarded as both a shrewd marketer who knows his audience and a purveyor of shamelessly irreverent and low brow cinema. Despite tabloid tales of female liaisons, Triad entanglements, and the highly critical opinions of his peers in the film community, Wong has remained a successful filmmaker with movies that guarantee sales.
Born and raised in Hong Kong, Wong developed an early interest in filmmaking. His father was a television director and he was a great fan of classic Cantonese film. After dropping out of college, Wong hung around studios, working as an assistant director. With his knowledge of film history and an uncanny ability to adapt to the fast-paced world of Hong Kong filmmaking, Wong was able to get his break in 1978 by writing Cunning Tendency. Only three years later, he would have his first directing credit on Challenge of the Gamesters (1981).
Over the years, Wong wrote and directed dozens of films that received little critical success, but were successful regardless. He developed a formula combining action, sex, parody, and crude jokes in popular films like Naked Killer (1992), Last Hero in China (1993), and High Risk (1995). Yet some of the real action was taking place behind the camera. Naked Killer starred Chingmy Yau Suk-Ching who Wong briefly had an affair with. Later on, he would end up in the hospital after a beating from Triads in retaliation for remarks he made about an actress associated with them. Even Jackie Chan was not immune to Wong's aura of off screen troubles. High Risk was essentially an extended and not-so-subtle jab at Chan after the two had squabbled over creative differences on the set of City Hunter (1993).
Regardless of critical opinion, Wong Jing has had a tremendous influence on the Hong Kong film industry. He nearly single-handedly spawned two genres including gambling films with the well received release of God of Gamblers in 1989 and Naked Killer which created a boom in category III (equivalent to NC-17) female action films. In the 21st century, Wong continues to direct, write, and act in films that draw as much money at the box office as they do derision from critics.
Wong Jing
"The most important day for me is not the first day of shooting, it is the opening day. If the audience likes the movie, then I have done my job...to me a director is like a chef. I make the dishes that the audience wants to eat. Most directors love their movies, but I never fall in love with mine. When they are editing, it’s like they are making love to the film. They hate to finish it. But I don’t. I always edit my movies very fast. I try to give the audience what they want. That’s the way I’ve done it for the last 20 years."
One of Hong Kong's most prolific and controversial filmmakers, Wong Jing (sometimes credited as Wong Ching or Wang Jing) was born in 1956 in Hong Kong and got his start in the entertainment industry early, since his father Wong Tin Lam was a TV drama director. It seemed inevitable that he would follow in his father's footsteps, but first Wong attended the Chinese University of Hong Kong, majoring in Chinese Literature.
Wong didn't like college and skipped class a lot; some of his professors said they never saw him at all during the four years it took to earn his degree. In classic Wong style, he later said that the degree was worthless to him. Wong believed that he learned more about making movies and (perhaps more importantly) making money by cutting classes and hanging around studios, where he would get work as a director's assistant (basically a glorified errand boy) and writing scripts for his father's shows.
Long a devout fan of classic Cantonese cinema, Wong impressed many of the old-timers around the studios with his knowledge of movie trivia. Combined with his high work ethic and the abitlity to change scipts on the fly (a necessary skill in the fast-paced world of Hong Kong's entertainment industry), Wong had found his niche. By 1978 he made his entrance into the world of movies with his script Cunning Tendency, and in 1981, he had directed his first movie Challenge of the Gamesters.
Throughout the 1980's, Wong was one of Hong Kong's most prolific and bankable writers and directors. While most of his movies had little of the prestige of the "event" films done by people like Tsui Hark or John Woo, Wong had come upon a formula which virtually guaranteed to make the movie break even at the box office, which in the fast-paced world of Hong Kong films (where the average theatre run for a new movie is two weeks), is most times as good as it gets.
Wong's formula was simple: give the audience what it wanted, mostly in the form of high doses of sex, violence and toilet humor. Wong had always viewed writing and directing as a way to get into what he considered to be the real power job in Hong Kong movie making -- producing -- and by 1989, he had completed that task with Crocodile Hunter. Wong also formed his own production company, Wong Jing's Workshop Ltd., and later became a partner in the successful BoB (Best of the Best) company, along with director/screenwriters Andrew Lau and Manfred Wong.
As he would most likely admit, most of Wong's work is highly derivative of other films. Some of the most notorious examples of this include a couple of films seemingly taken straight from the hands of John Woo -- Return to a Better Tomorrow (1994) and The Last Blood: 12 Hours to Die (1990), which was renamed Hard-Boiled 2 in some markets. But some of Wong's "homages" are a bit more subtle, at least when compared to his usual blitzkrieg style.
For example, 1995's High Risk's Chinese name is one syllable away from the Chinese name for Die Hard, and similarly to the Willis film, much of it takes place in an office building where the hero (in this case Jet Li) must take on a group of robbers posing as terrorists to throw off the police. Even though his methods are sometimes condsidered "low-class", Wong has turned some of these "ripoffs" into highly successful films (both financially and artistically) in their own right. High Risk (re-named to Meltdown for its' US video release) did well at the box office and remains a favorite among fans around the world.
After working on King of Gamblers (1980) and Return of King of Gamblers (1981) with his father, Wong saw that there was a large audience for gambling films, of which he had been a fan of himself, dating back to the 1960's. He helmed the 1989 film Casino Raiders and then cemented the "modern gambling movie" later that same year with God of Gamblers, which was number one at the Hong Kong box office, beating out John Woo's gangster epic The Killer. God of Gamblers was so popular that its' sequels and spinoffs still continue on to this day. 1999's Conman in Vegas was the first movie ever to film directly inside the famous Caesar's Palace casino in Las Vegas, and Wong continues to use the formula to this day, with movies like The Conman 2002.
After God of Gamblers was parodied by All for the Winner (aka Saint of Gamblers, 1990), Wong -- as per his style -- adapted the series into containing more comedy, going so far as to use All for the Winner's star Stephen Chow in God of Gamblers II (1990). David Bordwell in his book Planet Hong Kong perhaps said it best: "Wong Jing hit upon his most successful formula; fittingly, Wong Jing may have swiped the Wong Jing style himself." Wong has said that these gambling movies -- specifically the "duels" at the end -- are his favorite to make.
Later, Wong again updated a popular genre, this time the "heroic bloodshed" crime movies of the 1980's personified by the work of directors such as John Woo and Ringo Lam, and helped define another genre -- "Triad Boys" -- with the film Young and Dangerous (1995) which came out through his company and was directed by one of his protoges, Andrew Lau.
However, the genre (if a Hong Kong filmmaker could be held to a single one) Wong is most famous for was bludgeoned across many viewer's retinas with 1992's exploitation classic Naked Killer. A twist on the popular assassin genre, Naked Killer gave audiences the ultra-violence they had grown accustomed to in such films, but then upped the meter with a high dose of sex. The movie was very successful (especially with Western fans) and it ushered in a wave of Category III (the Hong Kong equivalent of the NC-17 rating) "femme fatale" films, most of which were produced, directed or written by Wong himself.
While his credits have been impressive by most standards, Wong has faced criticism from both fellow filmmakers and Hong Kong's notoriously picky critics. Wong had 32 director, 28 producer and 23 writer credits between 1990 and 1996. The "Steven Spielberg of Hong Kong" Tsui Hark lamented that these films were "cheap, fast, but no good" -- which, frankly, most of them were. However, it should be noted that these films were helping to keep the Hong Kong film industry alive in the face of a growing deluge of films from America, which were gaining in popularity in the East.
By 1993, after Jurassic Park took the number one spot at the local box office for the year and signaled the end of the "golden age" of Hong Kong movies, Hollywood's films had taken a firm hold in Hong Kong. It is due to filmmakers such as Wong that the industry is still alive today, especially after the departure of high-profile people like John Woo. In the mid to late 1990's, Wong's movies accounted for as much as thirty percent of the total box office take in Hong Kong. After experiencing a slump in 1995, Wong went so far as to appeal publicly to top stars to reduce their salaries (which would often cost as much as the film itself) so that Hong Kong movies could better compete with Western films.
Though most Hong Kong film companies play down promotion due to low budgets, Wong has become quite adept at it. For instance, for Chow Yun Fat's return to the God of Gamblers series with God of Gamblers Returns (1994), the trailer featured only one shot of the star. While filming 1993's City Hunter (itself a hot licensed anime product from Japan), Wong used the rights for the popular Street Fighter video game as well and combined them into one of the most inventive fight scenes in Chan's career. The Storm Riders (1998) was one of Hong Kong's biggest hits ever, thanks in no small part to Wong's clever promotional tie-ins for the movie. It is due to his business savvy that Wong is one of the few HK producers left that can still presell his movies to other Asian territories.
In response to comments leveled by critics about the validity of his movies, Wong has said in print that "I don't make films to please critics, I want the audience to be happy and for Hong Kong films to make money." Wong has chosen another medium -- his movies -- to deliver shots to other filmmakers; Last Hero in China (1993) is a parody of Tsui Hark's Once Upon a Time in China series, Boys Are Easy (1993) pokes fun at John Woo's macho male bonding with a sequence that parodies A Better Tomorrow, and the films Whatever You Want (1994) and Those Were the Days (1998) feature a character named "Wong Jing-Wai," a jab at art-house favorite War Kar-Wai.
Perhaps Wong's biggest salvo was High Risk, which operates under the guise of an action movie, but really amounts to an attack on Jackie Chan, who had tried to get him kicked off the set of City Hunter after the two got into shouting matches on the set. For those that do not know the history of the movie, the character Chan plays in the movie is a womanizer, and he wanted to play that down to save his "family" image, much to Wong's dismay. Chan also took offense to a sequence that had him learning moves from Bruce Lee via a screening of Game of Death. In High Risk, Wong goes so far as to include caricatures of Chan's father and manager, his supposed lack of business sense, and a rather graphic joke about the size of his penis in the film.
However, Wong has also used his films to deflate his own image. In Whatever You Want, one of the characters brags that she watched eight videos in a night, but then admits that they were Wong Jing movies, so she fast-forwarded through them all. Also, in Those Were the Days, Wong puts himself into the film as a geeky, overweight little boy.
Perhaps no discussion of a Hong Kong star or director is complete without mention of the "fluff" (news items) which surround their lives. Most every major player has at least a few stories (founded or unfounded) circulating about them, and Wong is no exception. He has long been a favorite of the notoriously rabid Hong Kong tabloid press for his relationships with female stars.
The most famous one occurred while Wong was still married, when he began dating Chingmy Yau, star of Naked Killer; the film had turned Yau from the romantic "girl next door" into the "man-eater" her fans have come to know and love. At this point, Wong seemingly became protective of his new girlfriend, but in an odd way.
Despite Yau's erotic roles, Wong maintained tight controls on the movies she starred in and refused to let her be shown fully nude (the most blatant example of this is a striptease sequence from 1994's Raped by an Angel). Strangely (given his protective nature of Yau), Wong would write in small roles for himself in many of Yau's movies, such as Deadly Dream Woman (1992), where he appears briefly as a sleazy "hostess" (escort/prostitute) club owner who wants to get into Yau's pants.
The pair eventually broke up, to much fanfare in the Hong Kong press. Yau later married a fashion designer and has now retired, but the rumors of other liasions continue to pop up. Other Hong Kong actresses Wong is reported to have relationships with include Loletta Lee and Ellen Chan, who later blasted Wong and his alleged "casting couch" during interviews.
Another long-running tabloid staple about Wong is his connection with the Triads (Hong Kong gangsters). In 1992, Wong had most of his teeth knocked out (and ended up having to use a wheelchair for a while) from a beating by a group of Triads. Apparently, he had said the wrong thing publicly about an actress, who happened to be going out with one of the local "Big Brothers" (head of a crime "family").
On the other side of the coin, it has been rumored that Wong has worked with the Triads, who have a large stake in the Hong Kong film industry. Many people say the only reason Jet Li and Stephen Chow (two of the most popular and highest-paid stars in Hong Kong) worked with Wong is because of a little "friendly persuasion" from the Triads. The Triad connection seems to continue to this day, as Wong often works with Wins Entertainment Group, a production company founded by the sons of a high-level Triad, Charles and Jimmy Heung.
Getting back to actual filmmaking, when he finds the time to actually direct a movie nowadays (he works on many as five films at a time in some way), Wong's filming methods are still considered unorthodox, even by Hong Kong standards. He often will totally ignore the action or fight scenes, trusting them to the second-unit (aka action) director. It has even been reported that Wong will listen to simulcasts of horse races (which, along with video games, is one of his non-film passions) or take a nap rather than film an action scene. While he has been criticized for his approach, it has allowed his action directors (such as Yuen Woo-Ping or Corey Yuen) great freedom in constructing their scenes, which often results in some of the most unique sequences put to celluloid.
Even though he is sometimes regarded as a hack or pornographer by his peers or critics, one of the most telling quotes about Wong -- and why his films have such widespread appeal -- comes from one of the characters in Whatever You Want: "Vulgarity is the basic instinct of human beings. Humans misinterpret vulgarity. I change vulgarity into art as to let you enjoy it."
(Thanks to Grady Hendrix, Simon Booth, Sebastian Tse, Wolverine's Hong Kong Film News and the books Planet Hong Kong, City on Fire and Asian Pop Cinema for their help with this section).
Greater China Media and Entertainment Corporation Appoints Wong Jing as General Consultant to the Company
Monday June 18, 8:30 am ET
BEIJING, June 18, 2007 (PRIME NEWSWIRE) -- Greater China Media and Entertainment Corporation (OTC BB:GCME.OB - News) ('GCME'), an integrated professional media and entertainment company, today announced that it has appointed Wong Jing as General Consultant to the company.
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Wong Jing, a name synonymous with the Hong Kong film industry, is one of the top performing directors in Hong Kong based on both box-office receipts and movie production. Mr. Wong has over 20 years of experience in film production as Producer and Director, and some of his best-known film sequels include ``The Romancing Star,'' ``God of Gamblers'' and ``Young and Dangerous.'' More recently, Mr. Wong was retained to supervise GCME's upcoming television series ``True Love.''
``We are very pleased to have Wong Jing join the company as our General Consultant and recognize his expertise and unwavering dedication to the television and film industry,'' said Jake Wei, chairman and CEO of Greater China Media and Entertainment. ``He has proven his ability to identify market needs and consistently meet them, as evidenced by his stellar box office receipts and ratings. Mr. Wong has not only set new box office records, but has also been a leader in shaping the Hong Kong movie industry. Building on our 'True Love' relationship, we look forward to working closely with him to produce and create additional television and movie hits catered to Chinese-speaking audiences worldwide.''
In recent years, Wong Jing has switched his market focus from Hong Kong to China to work closely with well-known corporations in China and produce top-tier television drama series, such as ``The Twins'' which topped television ratings in Mainland China in 2005. In addition to producing television dramas, his film production and talent management businesses in China have also been expanding rapidly.
Upon graduation from the Chinese University of Hong Kong in 1978, Wong Jing joined Television Broadcasts Limited (TVB), the world's largest producer of Chinese-language television programming, as a scriptwriter. During his tenure at TVB, he demonstrated his flair in scriptwriting. The television drama series ``The Good, The Bad & The Ugly,'' ``The Con Master'' and ``Man of Power'' are some of his acclaimed works, having won accolades not only in Hong Kong, but from Chinese audiences worldwide.
About Greater China Media and Entertainment Corporation:
Greater China Media & Entertainment Corp. is an integrated professional media and entertainment company which covers various areas including film and TV program production, management, promotion and distribution. The Company will have its own film and television production center, promotion agency, audio-visual distribution company, digital network company, talent agency, and sales and advertising agency as a result of recent joint ventures. Together the team is capable of making films, TV programs and related projects on a large scale.
In June 2006, the Company signed and closed an Acquisition Agreement with Triumph Research Limited, which is a BVI company and party to a Joint Venture Agreement with Beijing Tangde International Film and Culture Co., Ltd. (``Tangde''), a Chinese company focused on producing TV programming and movies. In September 2006, the Company formed a joint venture with Beijing New-Element Co. Ltd., a promotion and marketing company based in Beijing. The Company also signed an agreement with Beijing Star King Talent Agency, Star Agency, to form a joint venture.
In June 2007, the Company took delivery of its first script for the TV series ``True Love,'' to be supervised by famed director Wong Jing, and signed a production and distribution deal for the series with Mega Vision Productions Limited. For more information please visit the Company website at http://www.greaterchinamedia.com
Greater China Media and Entertainment Corporation Announces Joint Venture in 'Poor Dad, Rich Dad' Television Series
Friday June 15, 8:30 am ET
BEIJING, June 15, 2007 (PRIME NEWSWIRE) -- Greater China Media and Entertainment Corporation (OTC BB:GCME.OB - News) ('GCME'), an integrated professional media and entertainment company today announced that it has signed a joint venture agreement with Beijing Hua Yi Union Cultural Media Investment Company Limited ('Hua Yi') to jointly invest in a television series tentatively titled ``Poor Dad, Rich Dad''.
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Hua Yi is a professional media company engaged in the planning, production and distribution of high-quality motion pictures, TV dramas and documentaries. It has successfully distributed popular motion pictures, including ``Green Tea'', ``My Dad and I'', and ``My Girlfriend Is a Kungfu Master''. It also has distributed dozens of TV dramas that have received high audience ratings and commercial revenues, namely, ``The Family in Northeastern China (Sequel)'', ``Sky of Birds'', ``The Marriage'', ``Bus Cop'' and ``The Red Woman Army''.
Under the terms of the joint venture, the total investment for ``Poor Dad, Rich Dad'' will be approximately 15 million Chinese RMB (approx. US$1.97 million), of which GCME will invest 33% and Hua Yi will invest 64%. Hua Yi will be responsible for the shooting, post-production distribution and promotion and marketing. Hua Yi will also ensure the completion of the series by August 2007.
GCME will be entitled to 33% of the profits generated from the series and has the option to request Hua Yi buy back GCME's rights and interests in the series before the end of 2007 for no less than 5 Million Chinese RMB (approx. US$0.66 million), to be paid in two installments and payable no later than March 2008.
The lead actor in series, Mr. Chen BaoGuo, is one of the most popular actors in China. His current TV production, ``ZhenGunChangGe'' has aired on CCTV1 and has received an audience rating of 17%.
``'Poor Dad, Rich Dad' follows our recently announced 'True Love' project and reinforces our commitment to funding projects we believe will translate to high audience ratings and commercial success,'' said Jake Wei, chairman and CEO of Greater China Media and Entertainment. ``We are pleased to partner with Hua Yi and have Chen BaoGuo as the lead actor as his presence speaks to the quality of this series.''
About Greater China Media and Entertainment Corporation:
Greater China Media & Entertainment Corp. is an integrated professional media and entertainment company which covers various areas including film and TV program production, management, promotion and distribution. The Company will have its own film and television production center, promotion agency, audio-visual distribution company, digital network company, talent agency, and sales and advertising agency as a result of recent joint ventures. Together the team is capable of making films, TV programs and related projects on a large scale.
In June 2006, the Company signed and closed an Acquisition Agreement with Triumph Research Limited, which is a BVI company and party to a Joint Venture Agreement with Beijing Tangde International Film and Culture Co., Ltd. (``Tangde''), a Chinese company focused on producing TV programming and movies. In September 2006, the Company formed a joint venture with Beijing New-Element Co. Ltd., a promotion and marketing company based in Beijing. The Company also signed an agreement with Beijing Star King Talent Agency, Star Agency, to form a joint venture.
In June 2007, the Company took delivery of its first script for the TV series ``True Love,'' to be directed by famed director Wong Jing, and signed a production and distribution deal for the series with Mega Vision Productions Limited. For more information please visit the Company website at http://www.greaterchinamedia.com
I have been anxiously awaiting your edict to buy the stock. Is now the time, or should I continue to patiently stay on the sidelines? Many others are waiting to hear from me. As always, we trust your judgement.
LM
Greater China Media and Entertainment Corporation Announces Completion of Scripts and Selection of Famed Director Wong Jing to Supervise Its 'True Love' Television Series
Tuesday June 12, 12:38 pm ET
BEIJING, June 12, 2007 (PRIME NEWSWIRE) -- Greater China Media and Entertainment Corporation (OTC BB:GCME.OB - News) (``GCME''), an integrated professional media and entertainment company headquartered in Beijing, China, today announced that the Company has received scripts for its 25-episode television series tentatively named ``True Love''. The Company further announced that famed director Wong Jing has been retained to supervise and edit ``True Love''.
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GCME, which acquired the script rights to the series in September 2006, holds the distribution rights within Mainland China, excluding Hong Kong, Taiwan and Macao. Wong Jing, one of the most famous directors in China, has written, directed and produced more than 175 films and whose recent television series ``Phoenix in Blood'' was rated the second most popular show in China in 2006.
GCME has entered into a contract with Mega Vision Productions Limited (``Mega Vision''), a subsidiary of See Corporation Limited, a Hong Kong stock exchange-listed company, to produce and distribute ``True Love''. Under the terms of the contract, the total investment for ``True Love'' will be approximately 12.5 million Chinese RMB (approx. US $1.61 million), of which GCME will invest 66% and Mega Vision will invest 34% in five payment installments. Mega Vision will be responsible for the shooting, post-production and distribution to overseas market and will guarantee that the series will be completed within eight months of its scheduled June 2007 start date. GCME will be responsible for obtaining approvals from relevant authorities, the distribution of the series to mainland China excluding Hong Kong, Taiwan and Macao and be entitled to 66% of the profits generated from the series and a 15% commission on distribution revenue from mainland China.
``'True Love' is one of our most important projects of 2007 and is indicative of our philosophy of investing in entertainment and media vehicles that have a high potential for commercial success,'' said Jake Wei, chairman and CEO of Greater China Media and Entertainment. ``Supervised by one of China's most commercially successful directors, 'True Love' has the potential to allow us to expand into multiple revenue streams, such as VCD, DVD, digital, novel and serial novel formats.''
About Greater China Media and Entertainment Corporation:
Greater China Media & Entertainment Corp. is an integrated professional media and entertainment company which covers various areas including film and TV program production, management, promotion and distribution. The Company plans to have its own film and television production center, promotion agency, audio-visual distribution company, digital network company, talent agency, and sales and advertising agency as a result of recent joint ventures. Together the team is capable of making films, TV programs and related projects on a large scale.
In June 2006, the Company signed and closed an Acquisition Agreement with Triumph Research Limited, which is a BVI company and party to a Joint Venture Agreement with Beijing Tangde International Film and Culture Co., Ltd. (``Tangde''), a Chinese company focused on producing TV programming and movies. In September 2006, the Company formed a joint venture with Beijing New-Element Co. Ltd., a promotion and marketing company based in Beijing. The Company also signed an agreement with Beijing Star King Talent Agency, Star Agency, to form a joint venture. For more information please visit the Company website at http://www.greaterchinamedia.com
I think that once the scare is removed from the Chinese stock exchange, we should see some upward movement in this stock. The price at these levels looks very attractive.
LM
When a stock is trading near its 52-week low it has a better chance of moving upward in the trading range.
I know one of the people looking to get behind the company. I would suggest that positions be taken starting here, and then continue to average up once the move has begun.
LM
Press Release Source: Greater China Media & Entertainment Corp.
Greater China Media and Entertainment Corp. Launches Huading Century as its Chinese Brand Name
Friday May 11, 9:00 pm ET
BEIJING, May 11, 2007 (PRIME NEWSWIRE) -- Greater China Media & Entertainment Corporation (OTC BB:GCME.OB - News), an integrated professional media and entertainment company headquartered in Beijing, China, today announced that the Company has selected Huading Century as its Chinese Brand name. Huading Century translates in Chinese to ``a great global company.''
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``Since GCME's launch in 2006, the Company has aggressively expanded its holdings and partnerships within the growing professional media and entertainment markets in China. With our promotions, marketing and media relations business continuing to add marquee global brands, such as Microsoft and China Telecom, and in addition to several high profile entertainment projects already underway, we felt the time was appropriate to launch a Chinese brand name that reflects our vision of the Company's future,'' stated Jake Wei, chairman and CEO of Greater China Media and Entertainment.
The Company has set up a wholly foreign owned enterprise called Huading Century that was approved by the Beijing Administration for Industry on April 5, 2007. For more information, please check the Company's 10-KSB filed with Securities and Exchange Commission on January 11, 2007.
About Greater China Media and Entertainment Corporation:
Greater China Media & Entertainment Corp. is an integrated professional media and entertainment company which covers various areas including film and TV program production, management, promotion and distribution. The Company will have its own film and television production center, promotion agency, audio-visual distribution company, digital network company, talent agency, and sales and advertising agency as a result of recent joint ventures. Together the team is capable of making films, TV programs and related projects on a large scale.
In June 2006, the Company signed and closed an Acquisition Agreement with Triumph Research Limited, which is a BVI company and party to a Joint Venture Agreement with Beijing Tangde International Film and Culture Co., Ltd. (``Tangde''), a Chinese company focused on producing TV programming and movies. In September 2006, the Company formed a joint venture with Beijing New-Element Co. Ltd., a promotion and marketing company based in Beijing. The Company also signed an agreement with Beijing Star King Talent Agency, Star Agency, to form a joint venture. For more information please visit the Company website at http://www.greaterchinamedia.com
Press Release Source: Greater China Media & Entertainment Corp.
Greater China Media & Entertainment Corp.'s Chinese Subsidiary Qualifies as an Approved Public Relations Vendor for Microsoft China
Thursday May 3, 8:17 am ET
GCME Subsidiary Expects to Receive Approximately 10 Million RMB (Approximately US$1.3 Million) in Microsoft PR Contracts in 2007
BEIJING, May 3, 2007 (PRIME NEWSWIRE) -- Greater China Media & Entertainment Corporation (OTC BB:GCME.OB - News), an integrated professional media and entertainment company headquartered in Beijing, China, today announced that its Chinese subsidiary has qualified as an approved public relations vendor for Microsoft China.
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The Company has been appointed as an approved public relations vendor for Microsoft China. Based on current discussions and existing contractual relations with Microsoft China, the Company believes it will receive approximately 10 million RMB (approximately US$1.3 million) in 2007 to arrange conferences, new product press releases and events for Microsoft China. Currently, Microsoft China has contracted GCME's subsidiary to organize and host three events for its Microsoft Research Asia subsidiary in May and June. The total value of these contracts is approximately 4 million to 4.5 million RMB (approximately US$519,000 -- US$584,000).
Prior to its appointment as an approved vendor, the Company successfully organized press conferences for Microsoft China, including its recent 'Live Search' web tool service launch. The press conference showcased the launch of the new web tool to China Telecom's 25 million broadband customers.
``We are very proud to be selected by Microsoft China as an approved public relations vendor. This qualification establishes GCME as one of Microsoft China's preferred choices to assist them in executing their promotional and advertising events. In the past, Microsoft China has awarded as much as 100 million RMB to one of its experienced vendors,'' said Jake Wei, chairman and CEO of Greater China Media and Entertainment. `` Through our previous efforts, such as the press conference organized by us to announce the 'Live Search' platform for Microsoft China and China Telecom, GCME has proven itself to be one of the top marketing and promotions companies in China. Our marketing solution is a battle-tested strategic model that has been successfully deployed for big brands in China, and we look forward to continuing to deliver the same high quality results for Microsoft China.''
About Greater China Media & Entertainment Corporation:
Greater China Media & Entertainment Corp. is an integrated professional media and entertainment company which covers various areas including film and TV program production, management, promotion and distribution. The Company will have its own film and television production center, promotion agency, audio-visual distribution company, digital network company, talent agency, and sales and advertising agency as a result of recent joint ventures. Together the team is capable of making films, TV programs and related projects on a large scale.
In June 2006, the Company signed and closed an Acquisition Agreement with Triumph Research Limited, which is a BVI company and party to a Joint Venture Agreement with Beijing Tangde International Film and Culture Co., Ltd. (``Tangde''), a Chinese company focused on producing TV programming and movies. In September 2006, the Company formed a joint venture with Beijing New-Element Co. Ltd., a promotion and marketing company based in Beijing. The Company also signed an agreement with Beijing Star King Talent Agency, Star Agency, to form a joint venture. For more information please visit the Company website at http://www.greaterchinamedia.com
Press Release Source: Greater China Media and Entertainment
Greater China Media and Entertainment Corp. Signs Agreement to Distribute Documentary Film 'Long March'
Tuesday May 1, 10:23 am ET
BEIJING, May 1, 2007 (PRIME NEWSWIRE) -- Greater China Media & Entertainment Corporation (OTC BB:GCME.OB - News), an integrative professional media and entertainment company headquartered in Beijing, China, today announced that the Company has signed an Agreement to distribute its first documentary film, entitled ``Long March.''
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As China prepares to host the 2008 Olympic Games, and as daily news accounts attest, ``the China Story'' has become one of the hottest topics in the world. In China, the Long March is one of the most important historical milestones of the last century. The documentary film series comprises of five parts, totaling 150 minutes of footage.
According to the Agreement, the Company has the distribution right in all territories except North America within two years. The film is scheduled to be broadcasted through The History Channel in the United States starting April 30, 2007.
The film was produced by GCME's new director, Mr. Xiaolin Liu. Mr. Liu has over 12 years of first hand business experience in the film industry. He served as co-director, vice director, general planner, distributor for several dozens of films, commercial shows and more than 500 TV serials. The Long March is his recent production.
Mr. Jake Wei, President of GCME said: ``If you visit Yahoo or Google and enter ''The Long March`` you'll see that the name itself is iconic and of historical importance -- like ''Gettysburg,`` ''Pearl Harbor`` or ''The Battle of the Bulge.`` Our new director Mr. Liu is the producer for this remarkable film and we are proud to become its distribution agent. Mr. Liu has tremendous experiences in producing and distributing films and TV plays. His addition to GCME's board will assist in our efforts to further establish GCME as a leader in integrative professional media and entertainment in China.''
About Greater China Media and Entertainment Corporation:
Greater China Media & Entertainment Corp. is an integrative professional media and entertainment company which covers various areas including film and TV program production, management, promotion and distribution. The Company will have its own film and television production center, promotion agency, audio-visual distribution company, digital network company, talent agency, and sales and advertising agency. Together the team is capable of making films, TV programs and related projects on a large scale.
In June 2006, the Company signed and closed an Acquisition Agreement with Triumph Research Limited, which is a BVI company and party to a Joint Venture Agreement with Beijing Tangde International Film and Culture Co., Ltd. (``Tangde''), a Chinese company focused on producing TV programming and movies. In September 2006, the Company formed a joint venture with Beijing New-Element Co. Ltd., a promotion and marketing company based in Beijing. The Company also signed an agreement with Beijing Star King Talent Agency, Star Agency, to form a joint venture. For more information please visit the Company website at http://www.greaterchinamedia.com
I would like to welcome everyone to our new board. I am very excited about this company "Greater China Media" and what it can offer us.
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