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SINO EXPRESS TRAVEL (SXPT)

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Last Post: 7/7/2008 9:51:08 PM - Followers: 4 - Board type: Free - Posts Today: 0

Sino Express Travel is an US pinksheets listed company with a corporate vision to offer a complete, flexible, hassle free and personalized travel experience to travelers all over the world. Our services are delivered via acquisitions of and mergers with reputable and established travel companies across Asia who share our vision and desire to improve their operations via long-term investments and co-operative ventures. The resulting synergy will enable these companies to realize their potential and make the leap from good acquisitions to great companies. Sino Express Group of Companies GS Travel (Hong Kong) Limited, is an international travel company with operating offices in Hong Kong, Beijing, Vancouver, Toronto and Seattle. It began developing operations from 2002 in hotel reservation, hotel room wholesale, ticketing, tour arrangements and various other travel services in cooperation with affiliates across China and South East Asia. GS Travel's main revenue source is the Business-to-Business segment that targets the worldwide affluent business and leisure travelers. The GS Travel team consists of experienced ex-hoteliers and operator. www.V222.com is a hotel reservation and flight booking web site based in Guang Zhou China. V222 provides travel services in Hong Kong, Guang Zhou, Macau and other major Chinese cities and tourist zones. V222 operates its main business through its advanced online booking system. During its 6 years of online operation, V222 was among the fastest growing travel web sites in China. In 2004, the company booked over 60,000 hotel room nights with 50,000 air tickets Headquartered in Beijing, NSIBC (www.nsibc.com) specializes in offering corporate travel services and has close to 10,000 registered online members with post-graduate education. It focuses on the corporate travel sector in the northern China region with clients such as Beijing Guo An Electrical Company, Beijing Mobile5 Technical Company Limited and State Grid Corporation of China Established in 2000, YTD Limited specializes in hotel room wholesale in the greater China region, including Hong Kong and Macau. Other services include car rental and flight ticketing. In 2005, YTD booked over 20,000 room nights from over 2,000 hotels across China. YTD's main operation is the Business-to-Business segment selling 2 to 5 star hotel room inventories to travel agents and other hotel resellers in China. Current PR: Feb 1st February 01, 2006 09:25 AM US Eastern Timezone Sino Express Travel Enters Into Letter of Intent With a Major Travel Operator Based out of Hong Kong to Form a Joint Venture HONG KONG--(BUSINESS WIRE)--Feb. 1, 2006--Sino Express Travel Limited (OTC:SXPT), and a major travel agency in Hong Kong, announced today that they have formally entered into a letter of intent to establish an alliance between their respective B-C businesses. V222 ("www.v222.com") from Sino Express will be a major operator in this Joint Venture. Sino Express will own the majority of this joint venture (51%). The partner and joint venture management will own the remaining capital. The new company is projected to generate annual revenue of USD $1.1 million in 2006. Prior to the joint venture, V222 alone was projected to generate annual revenue of USD $250,000 in 2006. The joint venture partner will inject a travel service and logistic network comprising of 50 sales outlets located through out Guangzhou, a key trading and industrious city in southern China. Sino Express will offer its 24/7call center services, inventories and travel products. The joint venture partner will also provide the technology platform required to facilitate the service offering. Future planning is to expand the network to the rest of pearl delta region in southern China by establishing agreements with phone facility agents frequented by domestic travelers. The expanded network will provide more convenient travel services to domestic citizens and migrant workers by acting as a sales and logistic agent for V222. Guangzhou city alone has up to 1000 phone facility agents servicing mainly local residents and migrant workers. Official statistics indicate there are more than 114 million migrant workers in China, of which at least 30 million are working in the industrious southern China region. Due to the high GDP growth in the recent years, most of them have adopted the custom of taking long vacations and traveling back home during public holidays. "This joint venture is a further step towards the enhancement of both company's shareholders value, and would be a contribution to the quality of travel services for the greater China tourism," commented Xia Chen, Chief Executive Officer of Sino Express. Sino Express Travel Limited (www.sinoexpresstravel.com) together with its 100% owned subsidiaries, GS Travel (Hong Kong) Ltd, NSIBC Ltd, YTD Ltd and www.v222.com, is an international travel company with operating offices in Hong Kong, Beijing, Guangzhou, Vancouver, Toronto and Seattle. Sino intends to grow its business by acquiring and operating a diversified travel business portfolio, seeking to invest in profitable travel related companies with reputable management and high growth potential. Forward looking statement Certain information contained in these materials is "forward-looking" information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties, many of which are outside of the control of the company. Consequently, actual results may, and probably will, differ materially from the results contemplated in such forward-looking information. Contacts Sino Express Travel Miss Shirley Yu, (852) 3106-0998 (Investor Relations) Fax: (852) 3106-0280 ir@sinoexpresstravel.com Jan 19th PR: Press Release Source: Sino Express Travel Limited Sino Express Acquires YTD Limited to Enhance Its Hotel Wholesale Operation in China Thursday January 19, 6:00 am ET HONG KONG--(BUSINESS WIRE)--Jan. 19, 2006--Sino Express Travel Limited (OTC:SXPT - News) announced today that it has entered into an agreement with Sinochamp Holdings Limited to acquire 100% of YTD Limited (www.ytdchina.com), a Guangzhou, China based hotel room wholesale travel company. YTD generated USD $1.5 million revenue and a gross profit margin of USD $85,000 in 2005. Xia Chen, CEO of Sino Express Travel, comments, "YTD is one of the few companies in China that specializes in hotel room wholesale. The wholesale business is still an underdeveloped sector in China's travel industry with great potential. This acquisition will accelerate our plan to claim the leading position in China's hotel room wholesale industry in the next three years." ADVERTISEMENT Established in 2000, YTD Limited specializes in hotel room wholesale in the greater China region, including Hong Kong and Macau. Other services include car rental and flight ticketing. In 2005, YTD booked over 20,000 room nights from over 2,000 hotels across China. YTD's main operation is the Business-to-Business segment selling 2 to 5 star hotel room inventories to travel agents and other hotel resellers in China. The acquisition is expected to allow Sino's group of companies to take advantage of each other's strengths in both hotel room inventory and reseller network. GS Travel and YTD also intend to synergise their hotel wholesale operation to boost their revenue. Sino Express Travel Limited (www.sinoexpresstravel.com) together with its 100% owned subsidiaries, GS Travel (Hong Kong) Ltd, NSIBC Ltd and www.v222.com, is an international travel company with operating offices in Hong Kong, Beijing, Guangzhou, Vancouver, Toronto and Seattle. Sino intends to grow its business by acquiring and operating a diversified travel business portfolio, seeking to invest in profitable travel related companies with reputable management and high growth potential. Forward-Looking Statement Certain information contained in these materials is "forward-looking" information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties, many of which are outside of the control of the company. Consequently, actual results may, and probably will, differ materially from the results contemplated in such forward-looking information. Contact: Sino Express Travel Investor Relations Miss Shirley Yu, (852) 3106-0998 Fax: (852) 3106-0280 ir@sinoexpresstravel.com Company website: http://www.sinoexpresstravel.com -------------------------------------------------------------------------------- Source: Sino Express Travel Limited For more information visit http://www.stockhideout.com
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PostSubject
#111   That's what I've been counting on. Been holding ncart326 07/07/08 09:51:08 PM
#110   Bought up a starter of this one last pj McMulligan 07/06/08 04:15:58 PM
#109   I like this stock ncart326 03/20/08 12:35:52 PM
#108   Looks like we found the bottom/base to rebuild TradeForProfits 01/10/08 11:11:32 AM
#107   Great, looks like they have some things going TradeForProfits 01/03/08 10:18:32 AM
#106   Good SXPT News out: asia 01/03/08 06:48:36 AM
#105   np, could be something brewing :) TradeForProfits 12/17/07 02:40:54 PM
#104   thanks GordonGecko 12/17/07 02:25:17 PM
#103   OTC Reporter has a profile out on SXPT TradeForProfits 12/17/07 02:17:07 PM
#102   You are still holding Wang? what is your GordonGecko 12/09/07 11:57:46 AM
#101   What do u know about the company? thanks GordonGecko 12/09/07 11:57:08 AM
#100   Do you still follow the story StockBum? -Gecko GordonGecko 12/09/07 11:56:37 AM
#99   Are you still in? Looks like there was GordonGecko 12/09/07 11:56:13 AM
#98   shouldn't be too long before something is released, albundy 04/07/06 02:49:51 PM
#97   I wonder when the next quarterly will be stockbum42 04/07/06 02:41:47 PM
#96   little bit of activity here and there on albundy 04/03/06 01:43:43 PM
#95   Is anybody around? cactus33 03/08/06 11:08:54 PM
#94   yeesh, friggn spread sucks. 200 shares at albundy 02/23/06 03:06:21 PM
#93   agree! Stock Analyzer 02/07/06 05:09:57 PM
#92   y, i guess effectively, 4Q and year end albundy 02/07/06 04:17:42 PM
#91   Redundant data.....we want some meat on the bones! stockprofit2023 02/07/06 04:07:53 PM
#90   News on unaudited financials - albundy 02/07/06 04:03:49 PM
#89   February 07, 2006 04:00 PM US Eastern Timezone WANG 02/07/06 04:03:25 PM
#88   Comparison SXPT, LONG, CTRP.. HokieHead 02/05/06 09:11:18 AM
#87   In Bed With China's Traveling Rich HokieHead 02/05/06 08:25:52 AM
#86   I added a little today as well.Any additional stockprofit2023 02/02/06 04:36:15 PM
#85   lol....heck no. stockprofit2023 02/02/06 03:00:07 PM
#84   jeez, these guys aren't in with Franchise Capital albundy 02/02/06 02:50:07 PM
#83   SXPT revenues... HokieHead 02/02/06 06:47:38 AM
#82   My sentiments exactly...nice entry. stockprofit2023 02/01/06 11:21:19 PM
#81   Came aboard today with a small position at talkingmuley 02/01/06 06:14:58 PM
#80   Oh yes! I'm holding strong WANG 02/01/06 12:30:58 PM
#79   .21 X .24 I will add if it stockprofit2023 02/01/06 12:22:41 PM
#78   Great news!! stockprofit2023 02/01/06 09:30:58 AM
#77   SXPT news! WANG 02/01/06 09:29:43 AM
#76   Thanks deadcenter.....China stocks are hot and this one stockprofit2023 01/30/06 11:09:18 PM
#75   Nice and steady. It was good to deadcenter 01/30/06 11:05:06 PM
#74   Thanks for the info keep it coming Investinginstockmarket 01/30/06 11:04:26 PM
#73   Far from done....credible buzz on big news to stockprofit2023 01/30/06 10:56:39 PM
#72   Thats how "real Co.'s trade.The #'s tell the story stockprofit2023 01/30/06 10:55:12 PM
#71   Great chart bro, nice dang call Investinginstockmarket 01/30/06 10:53:53 PM
#70   Nice slow & steady upticking, builds a good base. BUBBA 01/30/06 10:52:37 PM
#69   Get used to it. stockprofit2023 01/30/06 10:41:03 PM
#68   Looking for another jump this week.....stay tuned :) stockprofit2023 01/30/06 10:06:21 PM
#67   I agree SXPT is looking good, .30's next Stock Analyzer 01/30/06 06:55:16 PM
#66   Early action was good today.....Not much selling either.Thirties stockprofit2023 01/30/06 06:48:08 PM
#65   yes bubba, SXPT has nice potential for a Stock Analyzer 01/30/06 07:29:22 AM
#64   SA, looks like a lot of potential with BUBBA 01/29/06 10:39:46 PM
#63   Agressive growth and moving off the pinks...Olympics forthcoming...China stockprofit2023 01/29/06 12:36:01 PM
#62   Email from company: HokieHead 01/29/06 10:10:59 AM
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