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INTN merger/Icahn/Chinese Wikipedia, MUST READ!!
With all the high profile Chinese reverse mergers in the last year (OLAB CHNR) nearly forgotten by the market is the expected closing of the merger between HSW Intl (HowStuffWorks.com) and Intac Intl INTN on Monday Oct 1.
First announced last year the merger may be noteworthy for a number of reasons. First Jim Arnold CEO of HSW was involved in building internet giant WebMD. According to a Marketwatch article last year the new company is being set up as a 'investment vehicle' for Asian (read Chinese) acquisitons.
In an article last spring in The Deal Arnold likened his vision for the new company to a (chinese) Wikipedia---the online encyclopedia and search company ---which was rumored earlier this year to be considering an ipo of its own.
Last spring the company raised $75m to launch an online video platform which no doubt will play some part in the new company. (see below)
Finally the new company's biggest backer is legendary investor Carl Icahn--whose involvement may spark speculation about the size and scope of this new company's plans in China.
The stock may move in expectation of an announcement on Monday and further outline of their plans.
INTAC International and HowStuffWorks Announce Partnership to Form New Company Focusing on China's Internet Market
New Company to Create Interactive Web Site for Information-Seeking Consumers in China
Financial Investors - Including Carl Icahn - Invest $22.5 Million into New Venture
HSW International will combine HowStuffWorks' dynamic technological platform, Internet expertise and expansive digital content resources with INTAC's local market knowledge and relationships in the wireless, education and training sectors to create an interactive media and service platform for Chinese Internet users. This platform will also provide a contextual and rich environment for brands to effectively advertise to the Chinese
Through the alliance, HowStuffWorks has exclusive digital publishing rights to the vast PIL product library of over 10,000 books and one million images, as well as future works, access to over 350 writers and editors and the leading consumer expert review resources Consumer Guide® and Mobil Travel Guide®. These capabilities will now be localized and made accessible to Chinese consumers. Additionally, MobilTravelGuide.com will be an ex
The partnership positions HSW International as a leading global explanation provider, meeting the significant demand for providing information to the large untapped community in need of content, and helps Chinese Web users by establishing a trusted and robust resource for evaluating and rating consumer products and services. In the same way that HSW International will empower Chinese Web users with trusted information to either be bet
http://www.howstuffworks.com/hsw-interna...
'Many of the same investors in the new round were also involved in a $50 million deal in January that funded the merger of HowStuffWorks' international business with publicly traded Chinese educational software publisher Intac International Inc. of Hong Kong. HowStuffWorks remains the majority owner of the international unit, although it is a separate company.
Wouldnt be surprised to see INTN well into double digits come next week.
INTN merger/Icahn/Chinese Wikipedia, MUST READ!!
With all the high profile Chinese reverse mergers in the last year (OLAB CHNR) nearly forgotten by the market is the expected closing of the merger between HSW Intl (HowStuffWorks.com) and Intac Intl INTN on Monday Oct 1.
First announced last year the merger may be noteworthy for a number of reasons. First Jim Arnold CEO of HSW was involved in building internet giant WebMD. According to a Marketwatch article last year the new company is being set up as a 'investment vehicle' for Asian (read Chinese) acquisitons.
In an article last spring in The Deal Arnold likened his vision for the new company to a (chinese) Wikipedia---the online encyclopedia and search company ---which was rumored earlier this year to be considering an ipo of its own.
Last spring the company raised $75m to launch an online video platform which no doubt will play some part in the new company. (see below)
Finally the new company's biggest backer is legendary investor Carl Icahn--whose involvement may spark speculation about the size and scope of this new company's plans in China.
The stock may move in expectation of an announcement on Monday and further outline of their plans.
INTAC International and HowStuffWorks Announce Partnership to Form New Company Focusing on China's Internet Market
New Company to Create Interactive Web Site for Information-Seeking Consumers in China
Financial Investors - Including Carl Icahn - Invest $22.5 Million into New Venture
HSW International will combine HowStuffWorks' dynamic technological platform, Internet expertise and expansive digital content resources with INTAC's local market knowledge and relationships in the wireless, education and training sectors to create an interactive media and service platform for Chinese Internet users. This platform will also provide a contextual and rich environment for brands to effectively advertise to the Chinese
Through the alliance, HowStuffWorks has exclusive digital publishing rights to the vast PIL product library of over 10,000 books and one million images, as well as future works, access to over 350 writers and editors and the leading consumer expert review resources Consumer Guide® and Mobil Travel Guide®. These capabilities will now be localized and made accessible to Chinese consumers. Additionally, MobilTravelGuide.com will be an ex
The partnership positions HSW International as a leading global explanation provider, meeting the significant demand for providing information to the large untapped community in need of content, and helps Chinese Web users by establishing a trusted and robust resource for evaluating and rating consumer products and services. In the same way that HSW International will empower Chinese Web users with trusted information to either be bet
http://www.howstuffworks.com/hsw-interna...
'Many of the same investors in the new round were also involved in a $50 million deal in January that funded the merger of HowStuffWorks' international business with publicly traded Chinese educational software publisher Intac International Inc. of Hong Kong. HowStuffWorks remains the majority owner of the international unit, although it is a separate company.
INTN merger/Icahn/Chinese Wikipedia, MUST READ!!
With all the high profile Chinese reverse mergers in the last year (OLAB CHNR) nearly forgotten by the market is the expected closing of the merger between HSW Intl (HowStuffWorks.com) and Intac Intl INTN on Monday Oct 1.
First announced last year the merger may be noteworthy for a number of reasons. First Jim Arnold CEO of HSW was involved in building internet giant WebMD. According to a Marketwatch article last year the new company is being set up as a 'investment vehicle' for Asian (read Chinese) acquisitons.
In an article last spring in The Deal Arnold likened his vision for the new company to a (chinese) Wikipedia---the online encyclopedia and search company ---which was rumored earlier this year to be considering an ipo of its own.
Last spring the company raised $75m to launch an online video platform which no doubt will play some part in the new company. (see below)
Finally the new company's biggest backer is legendary investor Carl Icahn--whose involvement may spark speculation about the size and scope of this new company's plans in China.
The stock may move in expectation of an announcement on Monday and further outline of their plans.
INTAC International and HowStuffWorks Announce Partnership to Form New Company Focusing on China's Internet Market
New Company to Create Interactive Web Site for Information-Seeking Consumers in China
Financial Investors - Including Carl Icahn - Invest $22.5 Million into New Venture
HSW International will combine HowStuffWorks' dynamic technological platform, Internet expertise and expansive digital content resources with INTAC's local market knowledge and relationships in the wireless, education and training sectors to create an interactive media and service platform for Chinese Internet users. This platform will also provide a contextual and rich environment for brands to effectively advertise to the Chinese
Through the alliance, HowStuffWorks has exclusive digital publishing rights to the vast PIL product library of over 10,000 books and one million images, as well as future works, access to over 350 writers and editors and the leading consumer expert review resources Consumer Guide® and Mobil Travel Guide®. These capabilities will now be localized and made accessible to Chinese consumers. Additionally, MobilTravelGuide.com will be an ex
The partnership positions HSW International as a leading global explanation provider, meeting the significant demand for providing information to the large untapped community in need of content, and helps Chinese Web users by establishing a trusted and robust resource for evaluating and rating consumer products and services. In the same way that HSW International will empower Chinese Web users with trusted information to either be bet
http://www.howstuffworks.com/hsw-interna...
'Many of the same investors in the new round were also involved in a $50 million deal in January that funded the merger of HowStuffWorks' international business with publicly traded Chinese educational software publisher Intac International Inc. of Hong Kong. HowStuffWorks remains the majority owner of the international unit, although it is a separate company.
XFML 10.13 +2.2501 +28.55%, dammmn another one i took my eye away from, so many to keep track of. Dammmn!!
Lets gooo CSUN!!!
I was about to faint when i saw CBAK 10.77, haha
CPSL, SCON, CSUN, XFML, NOEC, WHAT A DAAAAAAAAY , best i can remember for myself in quite some time.
SCON, new 52wk high, u think can pull off 9-10 tomorrow like CPSl did today?
NOEC 7.25 +2.33 +47.36%
NICH link to CHINA
http://investor.news.com/cnet?GUID=1829309&Page=MediaViewer&Ticker=NICH
Victor H. Lee, President of Nitches' subsidiary NAP, Inc., observed, "Regarding increasing Nitches' top line, our partnership contemplates the sales and distribution of Nitches' brands and products to Japan. Asia presents an enormous opportunity to increase sales and awareness of our stable of brands. Japan is presently the largest consumer market in Asia and China is growing at a rapid rate.
XFML + 13.43% 7.35 continuing its gains
CHINA big boards only thing making me happy, CSPL, CSUN, NOEC, etc
I was just abouy to type that, NOEC is chinas baby POT
CPSL 11$ break around the corner
CPSL, CSUN, CTDC, CHNR, XFML all goooing, CHINA is where its at
CPSL 10.22, headed towards 11$ it looks like
I agree, CSUN headed to 10 $ + as well, who knows how high, when IPo'd was at 16$
CPSL, TSTC, TNRO allll looking good and making me smile , i thought my 5.70's late entry for TSTC but i guess not
TNRO, i would wait and see here, i chased from 1.16 to 1.26 sold half here at 1.40- has slight wall, well while i was typing it looks like has more in tank 1.43x1.45 for now
TNRO 1.41 getting some love as a CPSL sympathy play.
In TSTC as well, Telestone Tech (TSTC 5.48 +0.23)"could be the best play on China's telecom overhaul...they are one of only 3 approved
CPSL 9.30, wooo hooo B/O just like that
CPSL 8.74, looks like its gaining some more strength, i would like to see more volume but i think 9's are coming and if momo picks up 10$ not to far away
headed to 10$+ IMO pretty soon.
SHWK cheap shares available now, will have its day in the sun sometime
That just makes me siiiick, i often get confused bc i dont know if your buying or mentioning, IN any case now I will just buy everything you mention, hehe j/k but geeez what a gainer, were u in??
Also remember your first post on ICSN and knew that was the one i forgot about.
DAMN POT headed to 100 soon, very nice from 70 post FS
Im with you bro on PSEG, just post it in different place having great ride since 1.20's. good luck to you
BLLN/Qtrax receives 18$ million from new investors! have not seen a PR about this, came from Malaysian new source, i figure its on the way, nice to know stuff early
http://www.centralbanksavannah.com/portal/story.asp?idstr=109566212
Qtrax Draws in US $18m 8/18/2007
By Roziana Hamsawi
A GROUP of private investors from Malaysia and Singapore have invested US$18 million (US$1 = RM3.52) in Qtrax, the world's first legal peer-to-peer (P2P) music download.
The figure represented two-thirds of the US$25 million that has been invested in Qtrax since its inception in March 2000, Brilliant Technologies Corp chief executive officer Allan Klepfisz said.
Nasdaq-listed Brilliant Technologies is the parent company of Qtrax, which only recently got its licence to offer free legal download of music, and this service, paid by advertisers, is expected to be launched in December.
(P2P allows a group of computer users with the same networking programme to connect with each other and directly access files from one another's hard drives. The most popular one is the illegal sharing of copyrighted music content, which irked record companies.)
In a recent interview in Kuala Lumpur, Klepfisz, an Australian, said private investors (who preferred to be anonymous) from Malaysia and Singapore had confidence in Qtrax when others from the US and Australia did not - no thanks to the dotcom implosion in April 2000.
"At the time, the Asian attitude towards investment was quite different. The business models that seemed to make sense were important to them," he added.
Since then, the quest for a licence to offer free music began, and it was, said Klepfisz, "a very complex one".
"Imagine the force (major recording companies) against P2P and free music ... and how we needed to turnaround the attitude from against it to embracing it," he said.
After some convincing, Qtrax now has the backing of four major companies which control 70 per cent of the world's music - namely EMI, Warner Music Group, Sony BMG and Universal.
Qtrax will soon begin talks with other record companies, including those in Asia, which will allow the public here to download local songs as well.
It is now making aggressive marketing efforts to attract advertisers from a broad range of industries. Revenue from this will be split with record labels which will also get additional royalty fees from Qtrax.
"We share more than 50 per cent with the industry, but in the end, the pie can be huge for everyone, especially the advertisers," said Klepfisz.
He pointed out that the advertisers had all this while wanted to be a part of the free music arena but were unable to do so because it would associate them with an illegal operation.
He added that Qtrax's revolutionary approach to offer free music is inevitable as the sales of music compact discs have been free- falling in the recent year.
"Until a year ago, it was a US$35 billion a year industry with 90 per cent of sales coming from CDs," said Klepfisz, adding that CD sales for 2008 are expected to be down by 61 per cent.
Even online sales of digital tracks on iTunes did not rectify the problem as it was found that 96 per cent of the people are not willing to pay for music online.
But it is a different tune in the world of illegal download, as it has been estimated that between three billion and 10 billion tracks are consumed every month, ... and the figure is expanding, he noted.
The only way to make up for the loss of sales, said Klepfisz, is not to go against free music, but to join the group.
"With Qtrax, there will be free music, and there will be no spyware and adware or music spoofing by record companies," he said.
(c) 2007 New Straits Times. Provided by ProQuest Information and Learning. All rights Reserved.
Also new Article, all good stuff
http://news.yahoo.com/s/nm/20070917/tc_nm/digital_dc
Music industry looks to new models to boost sales By Yinka Adegoke
Mon Sep 17, 5:03 PM ET
NEW YORK (Reuters) - The U.S. music industry is becoming more open-minded about working with online music stores from the tiniest start-up to Amazon.com (AMZN.O), hoping to boost digital music sales and erode the dominance of Apple Inc's (AAPL.O) iTunes.
U.S. music companies, once paranoid about the wide-scale piracy enabled by Web-based companies like Napster and KaZaa, are now embracing new business models such as giving away free song downloads.
Their goal is: to increase digital revenue as CD sales drop more sharply than anticipated; and to create alternatives to iTunes to boost their negotiating power against Apple when licensing contracts are renewed.
"Any viable music discovery option is one we want to see out there," said a major music company executive who asked not to be identified.
"If done the right way, this leads to new revenues as some of them have pretty good built-in mechanisms to lead to direct purchases," he said, reflecting the view of other industry executives contacted by Reuters.
Many Web start-ups have proposed business models to take on iTunes, which has a 70 percent market share of digital music sales. Many have also failed as they get caught up in negotiations with the music companies.
One of the most difficult parts of getting a digital service started is obtaining the licenses to the music itself. In most cases, top music labels will not provide licenses unless the start-ups pay a hefty advance fee.
Amazon is expected to launch its iTunes rival this week, after signing deals with Universal Music Group and EMI
(EMI.L).
Two smaller start-ups, Qtrax and Spiralfrog, are promising to offer music downloads for free to consumers supported by advertising sales that will be shared with music companies.
Whether these ad-supported models succeed remains to be seen, but Qtrax Chief Executive Allan Klepfisz said it will be an important way to compete with the free music still illegally available at peer-to-peer networks like Limewire.
"The idea is to make a better version of free," he said in an interview.
Klepfisz said Qtrax is due to launch in December after four years of building the business, during which it has managed to sign all the majors record companies except the biggest Universal Music, owned by French media giant Vivendi (VIV.PA).
Spiralfrog said on Monday it launched its service, 13 months after the company signed rights to Universal's catalog. According to an exploratory public offering filing by the company last month, Spiralfrog will pay $4.4 million in nonrefundable fees to Universal by November 15.
"We have controlled content in an advertiser-friendly environment," said Spiralfrog founder and Chairman Joe Mohen, who appointed a new management team earlier this year after losing two senior executives, who are now consultants to Qtrax. "People were discovering music in one place and then downloading it somewhere else. Spiralfrog will change that."
Spiralfrog and Qtrax are not the first to support free and legal downloads with advertising. Ruckus Network Inc of Herndon, Virginia has been offering a similar service for three years and is now officially at 170 U.S. colleges and claims 700,000 members.
A big problem for these free download services is that they are incompatible with the most popular digital music player, Apple's iPod.
This is where Palo Alto, California start-up Lala.com comes in. It has been pushing a business model that allows fans to buy digital songs and upload them directly on to their iPods. Songs on an iPod can not be transferred elsewhere.
Yet, as a measure of how difficult it is to gain traction in this market, Lala only has one deal with a major label, Warner Music Group (WMG.N). Lala also offers to send fans free CDs of digital albums they buy from its site, and also plans to give them a chance to "return" downloads they do not like.
"There's a significant amount of trust involved," said Lala founder Bill Nguyen. "But it's unsustainable if we don't do it right," he said.
thanks man, learning from you guys, going to keep selling small bits as price goes up, dont want to be left holding if/when the ship starts to sink, Hopefully still have 50%+ more to go if they keep the Ad's going.
MOMO, not sure if this news was ever posted about BLLN, i never saw it on any news wires, maybe a big find.
BLLN/Qtrax receives 18$ million from new investors!
http://www.centralbanksavannah.com/portal/story.asp?idstr=109566212
Qtrax Draws in US $18m 8/18/2007
By Roziana Hamsawi
A GROUP of private investors from Malaysia and Singapore have invested US$18 million (US$1 = RM3.52) in Qtrax, the world's first legal peer-to-peer (P2P) music download.
The figure represented two-thirds of the US$25 million that has been invested in Qtrax since its inception in March 2000, Brilliant Technologies Corp chief executive officer Allan Klepfisz said.
Nasdaq-listed Brilliant Technologies is the parent company of Qtrax, which only recently got its licence to offer free legal download of music, and this service, paid by advertisers, is expected to be launched in December.
(P2P allows a group of computer users with the same networking programme to connect with each other and directly access files from one another's hard drives. The most popular one is the illegal sharing of copyrighted music content, which irked record companies.)
In a recent interview in Kuala Lumpur, Klepfisz, an Australian, said private investors (who preferred to be anonymous) from Malaysia and Singapore had confidence in Qtrax when others from the US and Australia did not - no thanks to the dotcom implosion in April 2000.
"At the time, the Asian attitude towards investment was quite different. The business models that seemed to make sense were important to them," he added.
Since then, the quest for a licence to offer free music began, and it was, said Klepfisz, "a very complex one".
"Imagine the force (major recording companies) against P2P and free music ... and how we needed to turnaround the attitude from against it to embracing it," he said.
After some convincing, Qtrax now has the backing of four major companies which control 70 per cent of the world's music - namely EMI, Warner Music Group, Sony BMG and Universal.
Qtrax will soon begin talks with other record companies, including those in Asia, which will allow the public here to download local songs as well.
It is now making aggressive marketing efforts to attract advertisers from a broad range of industries. Revenue from this will be split with record labels which will also get additional royalty fees from Qtrax.
"We share more than 50 per cent with the industry, but in the end, the pie can be huge for everyone, especially the advertisers," said Klepfisz.
He pointed out that the advertisers had all this while wanted to be a part of the free music arena but were unable to do so because it would associate them with an illegal operation.
He added that Qtrax's revolutionary approach to offer free music is inevitable as the sales of music compact discs have been free- falling in the recent year.
"Until a year ago, it was a US$35 billion a year industry with 90 per cent of sales coming from CDs," said Klepfisz, adding that CD sales for 2008 are expected to be down by 61 per cent.
Even online sales of digital tracks on iTunes did not rectify the problem as it was found that 96 per cent of the people are not willing to pay for music online.
But it is a different tune in the world of illegal download, as it has been estimated that between three billion and 10 billion tracks are consumed every month, ... and the figure is expanding, he noted.
The only way to make up for the loss of sales, said Klepfisz, is not to go against free music, but to join the group.
"With Qtrax, there will be free music, and there will be no spyware and adware or music spoofing by record companies," he said.
(c) 2007 New Straits Times. Provided by ProQuest Information and Learning. All rights Reserved.
BLLN/Qtrax receives 18$ million from new investors!
http://www.centralbanksavannah.com/portal/story.asp?idstr=109566212
Qtrax Draws in US $18m 8/18/2007
By Roziana Hamsawi
A GROUP of private investors from Malaysia and Singapore have invested US$18 million (US$1 = RM3.52) in Qtrax, the world's first legal peer-to-peer (P2P) music download.
The figure represented two-thirds of the US$25 million that has been invested in Qtrax since its inception in March 2000, Brilliant Technologies Corp chief executive officer Allan Klepfisz said.
Nasdaq-listed Brilliant Technologies is the parent company of Qtrax, which only recently got its licence to offer free legal download of music, and this service, paid by advertisers, is expected to be launched in December.
(P2P allows a group of computer users with the same networking programme to connect with each other and directly access files from one another's hard drives. The most popular one is the illegal sharing of copyrighted music content, which irked record companies.)
In a recent interview in Kuala Lumpur, Klepfisz, an Australian, said private investors (who preferred to be anonymous) from Malaysia and Singapore had confidence in Qtrax when others from the US and Australia did not - no thanks to the dotcom implosion in April 2000.
"At the time, the Asian attitude towards investment was quite different. The business models that seemed to make sense were important to them," he added.
Since then, the quest for a licence to offer free music began, and it was, said Klepfisz, "a very complex one".
"Imagine the force (major recording companies) against P2P and free music ... and how we needed to turnaround the attitude from against it to embracing it," he said.
After some convincing, Qtrax now has the backing of four major companies which control 70 per cent of the world's music - namely EMI, Warner Music Group, Sony BMG and Universal.
Qtrax will soon begin talks with other record companies, including those in Asia, which will allow the public here to download local songs as well.
It is now making aggressive marketing efforts to attract advertisers from a broad range of industries. Revenue from this will be split with record labels which will also get additional royalty fees from Qtrax.
"We share more than 50 per cent with the industry, but in the end, the pie can be huge for everyone, especially the advertisers," said Klepfisz.
He pointed out that the advertisers had all this while wanted to be a part of the free music arena but were unable to do so because it would associate them with an illegal operation.
He added that Qtrax's revolutionary approach to offer free music is inevitable as the sales of music compact discs have been free- falling in the recent year.
"Until a year ago, it was a US$35 billion a year industry with 90 per cent of sales coming from CDs," said Klepfisz, adding that CD sales for 2008 are expected to be down by 61 per cent.
Even online sales of digital tracks on iTunes did not rectify the problem as it was found that 96 per cent of the people are not willing to pay for music online.
But it is a different tune in the world of illegal download, as it has been estimated that between three billion and 10 billion tracks are consumed every month, ... and the figure is expanding, he noted.
The only way to make up for the loss of sales, said Klepfisz, is not to go against free music, but to join the group.
"With Qtrax, there will be free music, and there will be no spyware and adware or music spoofing by record companies," he said.
(c) 2007 New Straits Times. Provided by ProQuest Information and Learning. All rights Reserved.
SPIRAL FROG launched now and we have former CEO and others from that on board and leading ad campaign, etc. We are backed by all 4 major labels so when launch comes things should look much better. Still flying way under the radar here at this level.
If your not going to post a source then go to hell. Nobody cares that you were invested here and sold out to early bc your to scared or have info all wrong. If your not invested here, leave then bc nobody values your non factual based worthless opinion.
USA TODAY AD out and ONE IN BARRONS AS WELL NOW.
Pump train about to really start it looks like. WEEE for US
http://siliconinvestor.advfn.com/readmsg.aspx?msgid=23892685
PSEG 1.96 + 12.00% nice Close at HOD, looking for push to continue tomorrow
PSEG HOD CLOSE 1.96, woooohooo
whats the symbol??
pilin some ea in ??