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Success Holding Launches Global Online Viewing Platform
TAIPEI, TAIWAN / ACCESSWIRE / June 24, 2015 / Success Holding Group International, Inc. (OTCQB: SHGT) today announced that it has launched MV888.com, a multinational Internet movie viewing platform featuring short films and other content with inspirational and health-oriented themes.
MV888.COM has commenced operations in China, the U.S. and several countries in Europe and Africa, and will subsequently launch in several other countries later this year. The platform will be free to viewers for a period of one year, said SHGT, which thereafter anticipates charging viewers subscription or per-film fees.
Success Holding chairman Steve Chen said he believed the rollout of MV888.COM was "a highly significant event" for SHGT and represented "further validation of our formula for increasing shareholder value via a series of products and services aimed at enriching the life of consumers."
He said he expected SHGT to shortly announce significant additions to the content available on MV888.COM, possibly including inspirational films and other content from its 55 percent-owned subsidiary, Launch TV (http://www.launchtvnetworks.tv).
Launch TV currently reaches a U.S. audience of over 40 million homes via cable TV, iPad, iPhone, Android, Roku and Smart TV portal devices.
About Success Holdings Group International, Inc.
Success Holdings Group International, Inc. is among Asia's leading providers of self-improvement products and programs. Led by China's foremost motivational speaker, Steve Chen, SHGT comprises three subsidiaries: a business offering personal improvement seminars and related products featuring Mr. Chen, an entity producing and distributing inspirational short films and other content for online and TV audiences worldwide, and a division marketing China's first health drink made from black rice.
In its first nine months of operations as a public company, ended March 31, 2015, SHGT had revenues of $24.7 million and earnings of $3.7 million.
Going forward, Success Holdings will continue its drive to acquire expanding, high-margin businesses providing products and services serving the physical, spiritual and emotional well-being of diverse consumers across China and around the globe. The company intends to integrate these businesses under the same logo and spokesperson, thus maximizing their brand value.
More information about the Company is available at www.successholding.com.
FORWARD-LOOKING STATEMENT
Any news????
One interesting news will send us to the moon for sure
I completely agree. I think it will be public company soon.
Yes, what surprised me the improvement in March'15.
Yes and compare it with November F/S....
I believe one year from now, launch TV will be listed company. When viewers increase, revenue from advertising will increase and cost will be not much. It is a start up company and Q1 net income margin 33%. A lot of activity is happening recently and you can check that in their Facebook page...
For me, selling at this price mean giving my shares for free...
One issue in FDMF is the CEO stopped communicating with his investors. I don't know what he is cooking!!!!
You will find it in the SHGT latest F/S page 15.
A lot of improvement in Launch TV programs and advertising. This quarter results should be better than last one IMO.....
More than 100 million shares been bought in the last 3 days. In the coming days we will see positive movement. :))
My expectation for the next year:
1) sigur deal will be finalized
2) high growth in success holding due to internet movie and 888 drink
3) launch TV will be listed company
4) update on ELAS
If BK provide the F/S, we will jump to 0.0002
Who are the major shareholder here?? We have around 4.5 billion shares!!!
Somebody is buying at 0.0001 as much as he/she can before moving higher
Never reached this volume in the last 3 months ;)
It's moving brothers
I think it's bigger news than sigurholding.
It looks like Something is coming soon
Launch TV F/S ended November 2014:
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10757100
Comparing Nov.2014 to Mar.2015:
Revenue: 5,913 to 63,957
Net income(loss): (98,044) to 21,206
Equity: (98,034) to (72,480)
April 23, 2014, the Company issued a total of 100,000 shares of common stock to Maureen Cooper, Russell Markowitz, and John Dash as founder shares at a share price of $0.0001 per share. On May 13, 2014, the above parties sold all their shares to FEH in a private sale.
On November 10, 2014, FEH entered into a certain definitive acquisition and stock exchange agreement (the "Acquisition Agreement") with Success Holding Group International Inc. (“SHGT”), pursuant to which SHGT acquired from FEH shares of common stock of the Company, representing a 55% equity interest in the Company. In further accordance with the terms and provisions of the Acquisition Agreement and in exchange therefore, SHGT agreed to issue 500,000 shares of their restricted common stock to FEH and FEH agreed to hold the 500,000 shares of common stock for a period of 24-months prior to selling such shares in the marketplace.
Anyway, even if he publish the F/S, the stock price won't move. We need a PR for the future of the company and it's not yet been finalized imo. When this PR come out, we will see how much the stock price will reach
I agree he should have time to publish the F/S at least. And some one need to call him to check when it will be out. Even though he says after month or so
The main revenue for SHGT is training and seminars which has high risk for investors to invest because the revenue won't be stable for ever. The company plan is to sell 888 drink and Internet movies. If SHGT succeed in them, FDMF investment in SHGT will worth more than we expect. FDMF market value less than $500K. Liabilities around $1m.
We need a PR from BK with any information that he can provide so investors feel FDMF still breathing. I hope Tai can talk to him about that
I understand what you feel. But we should understand that he is a CFO of the company "SHGT" which made a revenue around $7m last quarter and $17.7m last year. They also paid to NASDAQ for entry fees of $150,000 "Q1 F/S page 19". Plus many subsidiaries that SHGT owns. All that makes BK so busy.
IMO, in November 2017, SHGT stock will worth more than $10 per share and that will have more return to us plus launch TV. These deal above we know it's exists. Sigur, ELAS, and PTSH seems not finalized.
Regarding FDMF, if he can pay our debt on time, we can survive until end 2017.
In this period, we can't do anything or sell. We need to wait for a PR that will shift the stock up.
Thanks Tai. It seems to me after many PR done last year and not been successfully completed, BK stopped the PRs this year until he finalize everything. His answers shows the confidential tasks he is handling. All what we get "no comment" which I believe won't attract new investors!!!
Maybe he will ask SHGT to be a shareholder in FDMF like what he has done with Launch TV, and we will benefit from them to run the company. SHGT has high cash flow and with their cash, we won't need Sigur and PTSH anymore.
WE STILL NEED A PR EVEN IT SAYS "I'm busy with many things and the F/S will be delay this quarter" it will push us forward !!!!
Thanks
Yes please contact him to get things clear on:
1) ELAS the latest update
2) The deal with PTS INC. in latest F/S of "PTSH", they didn't mention the PTS resources INC which use the KC9000 technology !!!
3) Sigur. Is it still in the table?
4) lets have a conference call.
It doesn't make sense saying "Not until I have time"!!!!
If he has no time, how come he released SHGT F/S on time???
Where is BK?? We still waiting for FDMF financial !!!
What is he cooking for us??
No, it's just my expectation based on SHGT financial. What worries me is FDMF cash position. I hope they still have cash to run the company
SHGT growth mean FDMF value is higher. 888 drink and Internet movies will be the big hit for the coming year.
www.mv888.com
BK submitted ELAS a year ago, hopefully we hear a good news soon.
Launch TV made a profit this Q. Which is a good news for us. I believe SHGT announced in its financial only 55% of launch TV results. FDMF should report other income of 17.3K. Launch TV liabilities only 101K and FDMF lend them 90.7K.
I don't know the reason of the delay of our financial. But hopefully there are coming out this week...
Quarter financial report should be out today based on the extension they filed for SHGT.
FDMF can't publish its financial before SHGT due to Launch TV
One question for u Tai. U always against BK and the future of FDMF. What do u think now of our future in FDMF?
Thank u Tai for sharing these questions. When ELAS get approved, the stock will keep jumping.
Hopefully we will have good result from FDMF and SHGT this Q.
Point out what???
Very bad performance, revenue less than $1 million :(
Thanks Tai. U too
Whenever u feel free ;)
Then good things are coming :))
U should call him and get and update us...
The latest financial said that. Take a look into it
Soon Launch TV will be making too much money like other channel. Check starz, AMC Networks Inc., Scripps Networks Interactive, Inc. financial, and many other channel. They actually making so much money from advertisement and see the growth. Seeing launch TV programs, it's getting much better just need a great business plan.
There is a law even if it is OTC market
The law firm of Lieff Cabraser Heimann & Bernstein, LLP announces that class action litigation has been brought on behalf of those who purchased the common stock of Biozoom, Inc. (“Biozoom” or the “Company”) (OTCBB:BIZM) from market maker KCG Americas LLC (“KCG”) on the Over-the-Counter Bulletin Board (“OTCBB”) between May 16, 2013 and June 25, 2013, inclusive (the “Class Period”).
If you purchased Biozoom common stock from KCG on the OTCBB during the Class Period, you may move the Court for appointment as lead plaintiff by no later than July 21, 2014. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. Your share of any recovery in the action will not be affected by your decision of whether to seek appointment as lead plaintiff. You may retain Lieff Cabraser, or other attorneys, as your counsel in the action.
Biozoom investors who wish to learn more about the action and how to seek appointment as lead plaintiff should click here or contact Sharon M. Lee of Lieff Cabraser toll-free at 1-800-541-7358.
Background on the Biozoom Securities Class Litigation
The action charges KCG with violations of the Securities Act of 1933. Biozoom was previously known as Entertainment Art, Inc. (“Entertainment Art”).
The action alleges that, according to an ongoing action by the Securities and Exchange Commission (“SEC”), between January 2013 and June 2013, certain Argentinean nationals opened U.S. brokerage accounts and deposited millions of shares of unregistered Entertainment Art stock into those accounts. On March 12, 2013, Entertainment Art announced a substantial change in business operations from the development of fashionable leather bags to involvement in the biomedical industry.
On April 1, 2013, Entertainment Art changed its name to Biozoom and listed itself on the OTCBB. Beginning on May 23, 2013, Biozoom began issuing a series of press releases claiming it had created the world’s first portable, handheld consumer device to instantly measure certain “biomarkers,” including anti-oxidant levels, vitamin absorption, and stress levels. After these press releases and certain stock promoters’ reiteration of their claims, Biozoom’s stock price and trading volume increased significantly.
According to the complaint, between May 16, 2013 and June 19, 2013, the Argentinean nationals sold millions of unregistered shares of Biozoom for large profits, however, no registration statement was filed with the SEC in connection with the sales and the sales did not qualify for any exception from registration. Plaintiff and other class members purchased their unregistered shares of Biozoom on the OTCBB from defendant KCG. On June 25, 2013, the SEC issued a ten day trading suspension in Biozoom stock. When Biozoom stock resumed trading on July 10, 2013, it fell $3.01 per share, or over 87%, from its closing price on June 24, 2013 (before the trading halt), to close at $0.44, on heavy trading volume.
LAUNCH TV now Available on DirecTV via
myTVChannels.info
One thing still pending which is ELAS. I think Success Holding Group International Inc. will introduce it to China gov. For approval and then we will move from there.