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(w/Chart) DRGV Sees Profitable 2006 on Revenues Over $40 million, 40% Increase From $28.6 Million in 2005 With Continued Stronger Growth Anticipated in 2007
9:45a ET January 10, 2007 (Market Wire)
Dragon Capital Group Corp. (PINKSHEETS: DRGV), a leading holding company of emerging high-tech companies in China, announced today that its preliminary review of its subsidiaries in China indicates a strong finish for 2006. Preliminary financials suggest toward consolidated revenues in excess of $40 million for 2006 and operating income above $750,000. The company expects to report its final year-end results in February of 2007.
Management anticipates revenue momentum to continue in 2007 and for revenues to reach continued record levels in 2007 and beyond. It is anticipated that operating income expansion will be far more significant in 2007 and beyond as several subsidiaries benefit from economies of scale as well as from investments made in personnel and technology in the past 2 years. The company has targeted revenues to reach a minimum of $60 million by 2008 with net income growing 4 to 6 fold in that same time period. Management intends to achieve these goals through a combination of internal operations expansion and accretive acquisitions.
Lawrence Wang, CEO and Chairman of Dragon Capital Group, stated, "We enter 2007 with six information technology subsidiaries in a strong position to capitalize on the rapid technology infrastructure expansion that is taking place throughout China. Our current businesses are poised to capitalize on our existing product lines and our ability to provide innovative solutions for our customers. We believe the next several years will provide our company with an unprecedented opportunity for growth and profitability and management intends to make every effort to ensure success."
About Dragon Capital Group Corp.
Dragon Capital Group Corp. (PINKSHEETS: DRGV) is doing business in China through its subsidiaries. DRGV functions as a management company of technology companies in China, offering support in the critical functions of operational support, general business consulting, formation of joint ventures, access to capital, merger & acquisition, business valuation, and revenue growth strategies. DRGV has developed a portfolio of technology companies operating in China. For more information about DRGV, please visit http://www.dragoncapital.us
DRGV--A lot of information regarding the tech companies is located in DRGV's iBox. Best of Luck
Should have a minimum value of $0.20 based on earnings/potential. Just needs some momo and attention.
(w/Chart) DRGV Sees Profitable 2006 on Revenues Over $40 million, 40% Increase From $28.6 Million in 2005 With Continued Stronger Growth Anticipated in 2007
9:45a ET January 10, 2007 (Market Wire)
Dragon Capital Group Corp. (PINKSHEETS: DRGV), a leading holding company of emerging high-tech companies in China, announced today that its preliminary review of its subsidiaries in China indicates a strong finish for 2006. Preliminary financials suggest toward consolidated revenues in excess of $40 million for 2006 and operating income above $750,000. The company expects to report its final year-end results in February of 2007.
Management anticipates revenue momentum to continue in 2007 and for revenues to reach continued record levels in 2007 and beyond. It is anticipated that operating income expansion will be far more significant in 2007 and beyond as several subsidiaries benefit from economies of scale as well as from investments made in personnel and technology in the past 2 years. The company has targeted revenues to reach a minimum of $60 million by 2008 with net income growing 4 to 6 fold in that same time period. Management intends to achieve these goals through a combination of internal operations expansion and accretive acquisitions.
Lawrence Wang, CEO and Chairman of Dragon Capital Group, stated, "We enter 2007 with six information technology subsidiaries in a strong position to capitalize on the rapid technology infrastructure expansion that is taking place throughout China. Our current businesses are poised to capitalize on our existing product lines and our ability to provide innovative solutions for our customers. We believe the next several years will provide our company with an unprecedented opportunity for growth and profitability and management intends to make every effort to ensure success."
About Dragon Capital Group Corp.
Dragon Capital Group Corp. (PINKSHEETS: DRGV) is doing business in China through its subsidiaries. DRGV functions as a management company of technology companies in China, offering support in the critical functions of operational support, general business consulting, formation of joint ventures, access to capital, merger & acquisition, business valuation, and revenue growth strategies. DRGV has developed a portfolio of technology companies operating in China. For more information about DRGV, please visit http://www.dragoncapital.us
Dragon Capital Group Sees Profitable 2006 on Revenues Over $40 million, 40% Increase From $28.6 Million in 2005 With Continued Stronger Growth Anticipated in 2007
9:45a ET January 10, 2007 (Market Wire)
Dragon Capital Group Corp. (PINKSHEETS: DRGV), a leading holding company of emerging high-tech companies in China, announced today that its preliminary review of its subsidiaries in China indicates a strong finish for 2006. Preliminary financials suggest toward consolidated revenues in excess of $40 million for 2006 and operating income above $750,000. The company expects to report its final year-end results in February of 2007.
Management anticipates revenue momentum to continue in 2007 and for revenues to reach continued record levels in 2007 and beyond. It is anticipated that operating income expansion will be far more significant in 2007 and beyond as several subsidiaries benefit from economies of scale as well as from investments made in personnel and technology in the past 2 years. The company has targeted revenues to reach a minimum of $60 million by 2008 with net income growing 4 to 6 fold in that same time period. Management intends to achieve these goals through a combination of internal operations expansion and accretive acquisitions.
Lawrence Wang, CEO and Chairman of Dragon Capital Group, stated, "We enter 2007 with six information technology subsidiaries in a strong position to capitalize on the rapid technology infrastructure expansion that is taking place throughout China. Our current businesses are poised to capitalize on our existing product lines and our ability to provide innovative solutions for our customers. We believe the next several years will provide our company with an unprecedented opportunity for growth and profitability and management intends to make every effort to ensure success."
About Dragon Capital Group Corp.
Dragon Capital Group Corp. (PINKSHEETS: DRGV) is doing business in China through its subsidiaries. DRGV functions as a management company of technology companies in China, offering support in the critical functions of operational support, general business consulting, formation of joint ventures, access to capital, merger & acquisition, business valuation, and revenue growth strategies. DRGV has developed a portfolio of technology companies operating in China. For more information about DRGV, please visit http://www.dragoncapital.us
DRGV -- Absolutely Huge News! What more could you want? This stock should pop shortly. We're getting very, very close!!
The Positives & Potential:
1) First off, THIS IS A REAL COMPANY!!!!!
2) Deal with Major League Baseball
3) Deal with The American Kennel Club
4) Deal with Precious Moments
5) Deal with The Vatican **Footnote added
6) Huge Sales & Revenue Potential
7) Absolute HUGE National Attention
7a)Received unprecendented media coverage on many TV News and Radio Shows including CNBC, ESPN, CNN, FOX, CBS, NBC, ABC, API, NRP just to name a few...
8) Will be an audited Company
9) Moving to a Higher Exchange
10) Potential Deal with the NFL
11) Potential Deal with NASCAR
12) Potential Deal with NHL
13) Market Cap less than $2M
14) ETIM is a part of Sports History
15) This Company INTERESTS many, many people. Not just stock traders have purchased this company, but many sports fans who never trade have purchased as well.
17) CEO has been upfront and honest about total A/S
18) Absolute HUGE 1000-5000% Potential for shareholders who HOLD!
19) If ETIM taps into the Japanese Market for MLB Urns of the M's, Yankees, and now the Red Sox with Daisuke...could see 50,000 URNS sold quickly! Those fans are crazy about their Japanese MLB players!
20) Stock Buy Back plan to be in effect 1st half of 2007
**Footnote for #4 on the List provided by cjm24
------There are 69,135,254 Catholics in the United States (23% of the U.S. population), and 1 billion Catholics worldwide.
The sales potential just for the Vatican Line is huge!
Add to the lists if you'd like.
~Top100Prospect
Flipper/SuperBee/Longs
I like the idea of getting questions ready to submit. It'll be great to update the iBox with a lot of these questions and answers after Friday.
Private Message me the complete list you come up with later tonight if you could. I will add some myself, but I need to run for a bit.
Message worth Reposting by SuperBee:
"ETIM is holding its' own. For anyone to even TRY to compare this to another pink.. it's crazy. Apples to oranges. This company is just starting up, and hasn't even been public for a year yet. Clint is being open with us, with his investor messages on the EI website, through PR's.. yet someone always has to find the negatives. Sign up tomorrow, I believe, and get your question(s) in for Fridays conference. If you don't ask, you have no-one to blame but yourself if you don't get answers to your 'gripes'. If all you want to do is whine.. then I'm sorry.. you don't belong in pinksheet stocks. Most are crapshoots, BUT there are the rare ones that are start-up companies and NOT day trades. If you can't wait it out.. find something more to your liking. If you're just going to put down and bash every pinksheet stock.. I have a simple solution. It's very simple really.. DON'T buy them, THEN you'll have nothing to complain about.. unless of course that's what keeps you going.. moaning, groaning and complaining!!"
You'll just get an ulcer if you try to respond to a lot of these posters. I know...it drives me nuts as well!!! I suggest people just go back and take some time to read previous posts rather to bring up ridiculous statements.
Shutting down for the next hour 20 minutes. Will check back at the close.
Yes we did. TDA is all messed up again (Streamer)...oh well. The fun begins when this is much higher. This is still chicken feed down here.
And I agree, the Buy Back has NOT started...this bodes well for the future! Rather have us take it up and then they buy it back and retire shares.
Have some faith here and give it some time.
Now let's get TDA Streamer working so we can see some nice buying going through!
What more do you want besides the CEO saying in a quote, "It's time for the dilution to be reversed"...
Can that be any more clear???
Go to the website and read the message to shareholders.
From what I've seen so far with you, I haven't noticed that you have found the positive in anything as of yet. So what are you hoping to hear on Friday that will make you purchase that 1M additional shares?
We have 4 Major Product Lines...
A Buy Back into effect...
New Distribution Units being set up...
A Market cap of just $2M...
Preorders with substantial interest...
MLB Urns about to go on sale in 2 months...
MLB Caskets later in the year...
We were just told the current A/S FROM THE COMPANY...
"Dilution will be Reversed"...(Quote from Clint)
"Sales will be brisk in 2007"... (Quote from JP)
BTW-Is TDA Streamer Down? What is going on with Ameritrade last few days? Ridiculous
There comes a point where people do actually invest in a company. If you want a pumped up stock that will run on PR after PR then find something else. This is a company building a business on a solid foundation. We won't have any 100-200% moving days on PR's such as new distributors, I agree, but at the same time we're building for a steady rise. I agree a New Major License, Revenue, move to the OTC will make this REALLY MOVE. You need to understand that we are extremely undervalued at the current prices however. I've said it a million times, but our Market Cap is less than $2M right here. Find some other pinks that have had this sort of exposure, no BS, with a market cap that low...
Already broke the 50MA, 200MA is at $0.037! This could start another run IMO!
http://stockcharts.com/c-sc/sc?s=sprl&p=D&yr=0&mn=6&dy=0&id=p42812449729&a=7...
.017x.0175, are we about to pop big time again!? Something coming?
Did you get my e-mail from last night?
$0.02-$0.03 seems to be the fair value of this company. This is just the beginning folks. Check some past DD provided by the true longs.
This is shaping up to be one heck of an investment in 2007!!
Awesome News Today!
Today shows how strong this really is and the potential that more and more are finally realizing!!!!
I'm done posting for the day, hopefully I can watch some action tomorrow! If someone b!tche$ about the new shares tonight, they have no validity to their whinings after todays trading pattern! 375M New Shares and We Close UP for the Day with massive support...How often do you see that?
Target of $0.02-$0.03 1st Half of 2007 for me. Have had stocks do runs like that before, but this time I've REALLY REALLY done my HW here and truly believe we'll see the same.
Good Evening Everyone!!! Especially to ETIM LONGS (Flippers can do as you please, Longs will reap the Huge Rewards)
Make sure you give us poor TDAmeritrade Investors the closing price.
What an ABSOLUTELY PERFECT DAY IF YOU ASK ME!!!!!
Turbo...your questions are valid, but calm down!!! This is a start-up company on it's way TO GREAT THINGS!
1. Clint made some mistakes in Sept and Oct with not letting us know.
2. They just made us aware of the increase. What more do you want?? Does it matter is T/A is gagged? They JUST TOLD US the A/S directly from the company!!!
They have also come out and stated ON THE WEBSITE that it's time to reverse the dilution. This is a start-up company with a REAL PRODUCT, REAL MARKETING, and REAL POTENTIAL Revenues!!
5. What do you want to see in the audit? 2007 Sales are Going to be brisk! Things are all coming together. If you can't handle this, get out.
You need to Relax!!
Yes, TDA hasn't worked here since 2:50PM...Unreal. Haven't a clue what the current price is...We correctly valued at $0.015-$0.02?
Ok, I thought you meant you were selling at the bid! I was actually disgusted with your post and was going to close the boards the rest of the day LOL!!
Glad I came back to read this post :)
I think we're looking absolutely great right now! This may stop acting like a pink sheet when people realize, we're extremely undervalued. This should be at $0.007 minimum, before we even get any substantial news, revenues, new deals...
Smart Money is certainly loading up.
ETIM MLB License announced slightly before 2006 World Series...Wouldn't it be something if the NFL License was announced before the Superbowl? hmmmm
If not then, it'll happen in 2007 at some point.
Revenues to begin!!
Keep the shares churning baby!!! Get these in Strong Hands who can see how this is all developing!! Inning 1 of a 9 Inning Game here...Keep your focus on the big picture.
Your best bet is to walk away before you do something stupid IMO.
Look at the Big Picture here...Current Market Cap at a MAXED OUT A/S is less than $3M...
We have 4 product lines worth at bare minimum $5M each...
Just think about...This is an ABSOLUTE STEAL!!
Let the weak bail. They obviously cannot see further than "5 Minutes Ago"...
Your opinion is CORRECT!! Only ones selling are short termers who really have no concept of what is going on. Things are falling into place better and better each day.
Your downside is probably $100.00-$200.00 on 1M shares, may not get a chance to buy back cheaper.
People wanted an Update...they GOT IT. This is JUST AS GOOD AS AN UNGAGGED TA, but 10000x better in the fact that a Buy Back will be in place.
Sell if you want, I could care less about the $1,500 worth going back on the market.
I believe you are correct. It appears as though this happened during Q4! This is even better than I first thought.
>>>Our core financial management strategy is to fund operations via income from sales, not from authorizing additional shares. Eternal Image Management does not take the issuance of new stock lightly, and does so when absolutely necessary. In an effort to reduce the effect of new stock issuances that took place primarily in Q4 2006, Eternal Image, Inc. management confirms via this bulletin that it intends to put in place a comprehensive stock buy-back program to be launched during the first half of this year. Management anticipates purchasing a meaningful and significant number of shares on the open market from time to time as market conditions dictate. A portion of our operating budget will be allocated for this purpose. More details regarding this program will be made available via press releases in the upcoming weeks. The dilution must now be reversed.
<<<
Signed
President and CEO,
Clint Mytych
<<
Clint knows his stuff! The kid is not an idiot by any means! He's already created a concept that has had mass media coverage. He's turned down potential deals that could have given a short rise in PPS but lessened the image of their products(Such as the 3 Stooges deal). Yes, he's had to dilute to fund initial productions and sign new contracts, but this statement says it all, "The dilution will now be reversed!"
This clearly shows that the company is extremely confident that they have a winning product with substantial revenue potential.
This is NOT your typical Penny Stock Pump & Dump. This is a REAL COMPANY that is going to have HUGE GROWTH over the next year & beyond.
Exactly! They are making that statement KNOWING that operating income is going to be VERY STRONG! This is GREAT NEWS!
This is Great News! Definitely shows that this could have the huge pop at any time. We have NOT been deceived in any way from this company. Very glad to see that they are upfront with this. They are obviously EXTREMELY Confident that the sales will be "brisk" as Jim has stated!!
Pre-Orders must be doing very well.
Multiple Pennies by end of Q1 mid Q2 IMO
This is just getting started.
Glad to have you on board. This stock is tremendously undervalued and should experience a huge POP in 2007!!
Considering he's probably done sooooooooooooooo much DD on ETIM he must reallllllllly know what he's talking about.
I've got close to $40,000.00 invested here. I've done my homework with this one.
Taking off for the Weekend!
Have a Good One!
Market being down 91+ points didn't help things today. We'll bust through soon enough. Just giving some great chances to reload and stock up. As it's been stated, we broke through the $0.0015 resistence. We'll see $0.0017 again early next week most likely.
Have a Great Weekend.
It was a very good find if you ask me. Puts things in perspective big time with Eternal!!
All I know is I'll be happy when these $1,500 investments (1M buys) turn into $25,000 for me.
Ask is dirt cheap at $0.0013 again. Could have saved $100.00...shucks
Great Calculations! Even a 1% Market Share gives us a $0.076 Share Price.
People will soon see the potential here. There will be many who cash out very early. In 2007, I plan on doing very little trading and just watch my current investments grow.
As you can see, all I'm asking for is $0.02-$0.03 on a majority of my shares. Will hold some beyond those levels to see if MOMO can push this much higher.
2007 will be a VERY good year for all! Especially those who are Long in ETIM.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Some 2008 projections based on data,
IMO, Interesting pps conclusions based of base fundamentals.
Based on average US deaths at 1.5 m per annum, expect ETIM to corner 5% business at the minimum of caskets and urns.
at 5% Volume of sales of casket and urns =75000
@ average sales price of $500 combined=$38m Annual rev
@15% net profit margin= Net$5.6m
With 2 billion A/S and pe15= pps$0.042
Based on Worlwide Vatican sales
@ 5% capture rate= 1m caskets and urns
@ average of $300.00 each= $300m Annual rev
@15% net profit margin= Net$45m
With 2 billion A/S and pe15= pps$0.34
@30pe=pps $0.68
@ google pe60=pps$1.35
Total US and Worlwide sales, pps can reach $0.38 with current share structure. With every 5% market share increase and margin increase, the pps increases.
(Hope calculation are correct)
Yeup that's me. 20.3M now Again, current Market Cap Less than $2M
Each Product Line is worth at bare minimum $10M to the company IMO!
Let's just say each line is worth $5M to the company...Total Worth of $20M...that's 10x the current price! Puts this at $0.015 which is still ridiculously low and doesn't count future contracts and deals!!!
We are not here hoping they are truly building great cities in attempts at $100's of Millions in Revenue...We are not HOPING this company strikes oil and produces XX amount a year...THIS IS A REAL COMPANY that will show REAL Revenues in no time!
Heck, we're only asking for this company to have a Market Cap of $30M ($0.02)...this isn't outrageous by ANY MEANS!!!
Don't tell me after all those sells I missed my chance at $0.0014 to finish off the position!!! Somebody sell me 1M at the ask of $0.0014!! Will exchange another $1,400 for $20,000+ in '07!
Update: I still haven't gotten the shares...
Good call. I will now place my 1M AON in at the ask of $0.0014!! ABSOLUTE STEAL!! FINISH OFF THIS POSITION NOW!!!
19.3 going for my 20.3M!!!
Let's not talk about the late 90's!! I rode several stocks from $0.02 to $2.50...then rode them back down in early 2000 LOL!!!!
Live and Learn!! Again, I'm not calling for miracles here with ETIM. $0.03 is VERY, VERY attainable!!
The thing is that we are so undervalued right now, this current movement should not be based strictly on the chart.
There comes a time when investors(Yes Investors, not daytraders) will see that this company is absolutely ridiculously undervalued at the current price. What's the market cap right now? LESS THAN $2,000,000!!! This should be 5x that price at bare minimum RIGHT NOW IMO. Others will see the potential here shortly.
This needs to be correctly valued, and will at some point in 2007.
$0.02-$0.03 Target (Momo could push much higher IMO)