Ckrush to Launch International Media Distribution Arm; Ckrush Distribution Established Under New Joint Venture Agreement with English Distribution LLC

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BusinessWire
4:01 p.m. 05/25/2006


NEW YORK, May 25, 2006 (BUSINESS WIRE) -- Ckrush, Inc. (CKRH), a producer and distributor of digital entertainment content, feature films and sports programming, has entered into a joint venture agreement with English Distribution LLC, to form a new international sales and distribution company Ckrush Distribution, LLC.

The new Company was launched as part of Ckrush's overall strategic business plan to maximize the value of its media content in the global marketplace. Under the terms of the joint venture agreement with English Distribution, Ckrush Distribution will initially market feature films produced under the Ckrush label, as well as other labels.

Ckrush Distribution will commence operations at the annual Cannes Film Festival Market, which runs May 17-28, in Cannes, France.

"The formation of Ckrush Distribution reflects our ongoing efforts to execute our strategic business vision to become a multi-dimensional movie, television and online entertainment Company. English Distribution brings over 25 years of experience in the international marketplace and has a stellar reputation. We are pleased to enter this joint venture with them and look forward to building Ckrush Distribution into a force," said Jeremy Dallow, President of Ckrush.

"We look forward to building the Ckrush brand overseas," commented English Distribution President Chester English. "English Distribution is excited to join with the talented team at Ckrush."

About Ckrush, Inc.

Ckrush, Inc., formed in 2004, produces entertainment and sports-related digital and filmed content for global distribution to all media platforms. Ckrush has recently produced for later release the feature film comedy "Beer League," starring Artie Lange, the popular comedian/actor who is a regular on the Howard Stern Show, and "TV the Movie," starring Steve O, Preston Lacy and Wee-Man of "Jackass" fame. Ckrush also co-produced National Lampoon's "Pledge This," starring Paris Hilton. Ckrush Sports, Inc. focuses on the promotion of professional boxers, boxing events and other sports ventures. Ckrush Direct produces and distributes programs and products for pay-per-view video-on-demand, and retail and direct response DVD and video channels. For more information, please visit http://www.ckrush.net .

About English Distribution

English Distribution is a leading media rights sales representative. Its manager, Chester English, developed the first Ad Hoc National pay-per-view event network involving championship boxing, concerts, Broadway shows and Wrestle Mania and was instrumental in creating the In Demand network. Mr. English is an investor with Media Partners International, based in Milan Italy, a leading international media rights firm which has produced and distributed over 500 hours of broadcast and PPV content annually. Some of the major events that English has distributed are: Tyson vs. Lewis, Italian series A football and the FIS world cup of Ski.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors; acquisitions of dispositions of business assets; and the potential impact of future decisions by management. More detailed information about these factors may be found in filings by Ckrush, Inc. with the Securities and Exchange Commission. Ckrush, Inc. is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.

Ckrush, Inc. Jeremy Dallow, 212-564-1111 or Trilogy Capital Partners, Inc. Paul Karon, 800-592-6061

Yeah, it's lunchtime.

STOP TRADING!

;)

jonesie

Has NEOM hit this Traders Nation show before?

Traders Nation: Flat Tax Revolution! Steve Forbes Talks With Traders Nation

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M2
08:03 a.m. 05/25/2006


Phoenix, Arizona, May 25, 2006 (M2 PRESSWIRE via COMTEX) -- Stocks covered throughout the show Traders Nation on (05.24.06) include: Cal-Bay International Inc (CBAY) closed (05.24.06) at .65 on volume spike; 89% > 20-adsv, Stock +32.65%, also CBAY jumps +20.37%; vol +71%; last 90 min of trading -- Cal- Bay International, Inc. is a Real Estate Acquisition & Development Company. Andrea Electronics Corporation (ANDR) closed ( 05.24.06) at .12 on a volume spike; 74% > 20-adsv, stock +46.67% -- The Company designs, develops and manufactures state-of-the-art microphone technologies and products. Xcelplus International Inc (XLPI) closed (05.24.06) at .015 on volume of 2,052,600 -- Xcelplus International Inc. is a specialty chemicals and lubricants distributor. RMD Entertainment Group (RMDG) closed (05.24.06) at .0035 on volume of 455,779,700 -- RMDG is in the entertainment industry. Biogenerics Ltd (BIGN) closed (05.24.06) at .0489 on huge volume of 22,448,800, BIGN ended the day up 13.70% -- Biogenerics Ltd, is a diversified investment venture capital firm focused on distributing domestic oil and gas reserves. NeoMedia Technologies Inc (NEOM) closed (05.24.06) at .215 on volume of 3,994,000 -- NeoMedia Technologies, Inc. develops proprietary technologies that link physical information and objects to the Internet marketed under the "PaperClick(R)" brand name. Source: Knobias.com

Traders Nation Network and Traders Nation(tm), the largest syndicated "live" radio and television talk show for smallcap stocks under the parent company of Desert Son Media Corp., is excited to present Steve Forbes, President and CEO of Forbes, Inc., Editor-in-Chief of Forbes Magazine, and Republican Candidate for President, 1996 and 2000, Friday, May 26th on Traders Nation(tm). Topic: "Flat Tax Revolution". Viewers on the internet can see Traders Nation(tm) Television and guests at 11:06 am ET -- http://www.tradersnation.com/television.shtml, Channel 1, or http://www.tradersnation.com/radio.shtml for the radio feed.

About Steve Forbes

Steve Forbes is President and Chief Executive Officer of Forbes and Editor-in-Chief of Forbes magazine. The company's flagship publication, Forbes, is the nation's leading business magazine, with a circulation of 900,000. Forbes combined with Forbes Asia and the company's eight local-language editions together reach a worldwide audience of over five million readers. Mr. Forbes is the author of the recently published Flat Tax Revolution: Using a Postcard to Abolish the IRS (Regnery, 2005). He also wrote A New Birth of Freedom (Regnery, 1999), a book of bold ideas for the new millennium.

The Traders Nation Network: TradersNation.com hosts a network of nationally syndicated financial radio and television talk shows through various forms of broadcasting methods. Daily, web site visitors, listeners, affiliates, and financial content distribution companies are able to access the most up to date market news, alerts, and overall market commentary.

About Traders Nation: Multiple segments make up the 'LIVE' hour-long program where listeners and viewers gather daily to hear the latest smallcap news of the day and scheduled guests, from industry experts and CEO's. Traders also share investing, trading strategies and potential hot stock plays swirl throughout the call-in portion of the show.

-- Traders Nation broadcasts live on the New York ABC's Starguide Satellite System. The Starguide Satellite System can be received by more than 4,000 radio stations across the United States.

-- Traders Nation is currently syndicated online with with 10 times more sites that carry our network of shows than anyone else.

-- Traders Nation is the only financial talk show listed under the radio selection as a pre-select in Apple's iTunes software.

-- Traders Nation is also heard by tens of thousands of end users via QuoteStream online financial software.

-- TradersNation.com is the developer of ProXstream(tm) a free feature-rich media player for the active trader. http://www.tradersnation.com/proxstream.shtml We're Hiring! http://www.tradersnation.com/employment.shtml

Download Archive Information: http://www.tradersnation.com/store.shtml

doubloon, OT: re: multiple screens

I've been running off a Dell notebook for a while now so I can be totally portable without having to do any synchronizing, having to visit family on the Gulf often along with other out of town ventures.

I've got, of course, the notebook's LCD monitor, then another LCD plugged into the VGA output of the notebook, and I FINALLY found a neat gadget for under $100 made by Tritton that let's me hook yet another LCD monitor to the notebook via USB. Sweet.

Windows XP display management of course lets me ID the monitors 1 2 3 and spread stuff out as wide as I need to, or just have different things on all the desktops, I usually do a mix of both.

The Tritton people tell me they're working on their firmware so that more than one of their units could be used at once, but until then ... 3's my limit, unless ... anyone here know of anything ELSE a guy using a notebook can do to get at least ONE more LCD hooked in?

Maybe it's time to drag the Tower back out and run it at the same time but I just HATE the idea of having two boxes running at once LOL, although I know you do that doubloon.

jonesie

.2206 eom

TIV, a nice 3-day gainer so far.

Ken, I should have mentioned this one sooner, I've sure used YOUR STUFF in it :)

Interesting run, especially seeing that it is in the face of a possible Russell Index exclusion coming up VERY soon if the PPS doesn't get up to, oh, somewhere well over $8 most likely. Russell-indexed funds will have to sell, and I figure about 2MM shares went IN to TIV last year on the inclusion into the Russell 2000/3000 indices. THAT will leave a mark!

I just post this as the chart is "perty", but it's one to watch closely if buying as there is a LOT of pumping going on in addition to the buying and there's not a serious reason I can discern right at THIS moment for all that buying to be occurring, see "Russell" above.

But sometimes it is just not for me to understand "why", but rather just to go along for the ride. Got back in at 5.74 after the double-bottom at 5.52.

All the best! -jonesie

til1then, you in SRAM?

I've been in/out of that for years (in now), posting on RB SI boards.

Appears they may turn the profitability corner in June (not for the entire quarter, just June) then perhaps going forward. Mid-Q update from "new" CEO was very upbeat. Got a "buy" rec from Unterberg Towbin today.

I guess we'll see!

jonesie

Wow, I don't seem to be having any of those problems at all. Everything works great.

Good luck!

Anyone know what this horizontal dotted line means?

10-day 15-minute chart, I haven't messed with intraday charts in stockcharts before and just noticed a dotted line up at 6.64, anyone know the significance? Never see 'em in the daily/weekly charts.

TIA

jonesie

Hmmm, let me add ... can we even POST intraday charts here? It doesn't seem to want to show up like a daily chart will.

If was a nimble daytrader ...

... that high/low yesterday would have been a real money-maker LOL. Shoot, the price range EVERY day for the last 3 has been crazy, I'm sure someone is making tons of money.

Me, I just have to do the longer swings.

Still waiting for sub-.60 to load up, although I did pick up a few yesterday .63-.635 to get CHID back on my main screen, it had dropped off and was hard to watch as closely as I wanted to ;)

Good luck to all!

jonesie

Nice volume!

And a perfect bounce off the top of that older ascending wedge!

Poor Cedric, not allowed to play any more.

Chart looking VERY nice.

re: Pink Sheet stocks trading over $2

They're around, and some aren't too bad actually. I made a bundle in TDYH.pk, from $1.35 to $4xx recently with an announced $4.50 buyout. MLTO.pk is an interesting play, currently trading over %4.xx.

A bit of talk about GHLT over at doubloon's place:

http://www.investorshub.com/boards/board.asp?board_id=3915

jonesie

Accessed scanbuy.com now EOM

I'm seeing scanzoom up, scanbuy down, just now. EOM

Still hoping for .55-.58.

Oh yeah!

Maybe we'll get lucky ...

... on the reload.

"I'd love to pick some up at the lower bolly band (20,2,0), currently sitting at .58"

Still sitting there, plus the 100MA is there, and a more accurate uptrendline I've drawn in my ActiveTraderPro is there at .58 as well.

Hmmmmmmmm.

jonesie

The MACD SPD kind of told the tale a while back

The Single Point Divergence that MACD was showing for a while turned out to be the harbinger and, along with the potential for a double bottom at 5.52 having occurred, helped justify buying more heavily in there with less concern over catching a falling knife.

Fairy Square going in TIV chart, looks good

Chart shows previous non-F.S. setup, which failed, and current F.S. setup:

Just noticed TDYH removed from naked short list

by buyins.net.

When was the deal supposed to close?

Good luck to y'all who are still in. I'm easing back into TIV sub-$6 on a measured re-entry, "hoping" (yeah, that's a bad word lol) that was a double-bottom at 5.52 recently. Russell exclusion looming though, so it's one to watch VERY closely, as 2MM shares could hit the market en masse.

jonesie

Short interest on TIV as of Trade Date 5/10/06:

Month-----ShrsShort---- % Change
---------------------------------
May 2006- 3,650,143 ------ +1.83%
Apr 2006 - 3,584,379 ----- (-5.41%)
Mar 2006 - 3,789,445 ----- (-4.23%)
Feb 2006 - 3,956,897 ----- (-3.56%)
Jan 2006 - 4,102,837 ------ +3.86%
Dec 2005 - 3,950,446 ----- (-1.88%)
Nov 2005 - 4,025,937 ------ +5.01%
Oct 2005 - 3,833,789 ------ +1.39%
Sep 2005 - 3,781,376 ------ +9.56%
Aug 2005 - 3,451,421 ----- +24.25%
Jul 2005 - 2,777,900 ----- +39.66%
Jun 2005 - 1,989,039 ----- +20.65%
May 2005 - 1,648,631 ----- +40.68 %
Apr 2005 - 1,171,931 ---- +113.52 %
Mar 2005 --- 548,854 ----- +86.95%
Feb 2005 --- 293,590 ---- +327.46%
Jan 2005 ---- 68,682 ----- +96.67%
Dec 2004 ---- 34,923 ----- +37.38%
Nov 2004 ---- 25,421 ----- +10.40
Oct 2004 ---- 23,027 ---- +408.66
Sep 2004 ----- 4,527 ---- (-59.68)
Aug 2004 ---- 11,227 ---- +132.59
Jul 2004 ----- 4,827 ---- (-31.31)
Jun 2004 ----- 7,027 ----- +55.22
May 2004 ----- 4,527 ------ NC ---
Apr 2004 ----- 4,527 ---- (-94.73)
Mar 2004 ---- 85,881 ---- (-13.21)
Feb 2004 ---- 98,951 ---- (-00.88)
Jan 2004 ---- 99,833 ----- +00.89
Dec 2003 ---- 98,951 ---- (-18.30)

Looks like the shorts added a few shorted shares between 4/10 and 5/10.

Some covered, some shorted, net net, a slight increase.

Rocket Fuel intact and topped off? ;)

Need an ignition source.

Not sure where that's coming from but the daily chart looked marginally better today than yesterday of course, Full Stochs turned up a bit, still got that positive SPD in MACD going on, weak Magic Box off the lower bolly, no Wm%R confirmation yet though.

I'll just have to hang my hat on those positives and the double bottom maybe sticking, glad I added some yesterday.

Good luck to all!

Short interest on TIV as of Trade Date 5/10/06:

Month-----ShrsShort---- % Change
---------------------------------
May 2006- 3,650,143 ------ +1.83%
Apr 2006 - 3,584,379 ----- (-5.41%)
Mar 2006 - 3,789,445 ----- (-4.23%)
Feb 2006 - 3,956,897 ----- (-3.56%)
Jan 2006 - 4,102,837 ------ +3.86%
Dec 2005 - 3,950,446 ----- (-1.88%)
Nov 2005 - 4,025,937 ------ +5.01%
Oct 2005 - 3,833,789 ------ +1.39%
Sep 2005 - 3,781,376 ------ +9.56%
Aug 2005 - 3,451,421 ----- +24.25%
Jul 2005 - 2,777,900 ----- +39.66%
Jun 2005 - 1,989,039 ----- +20.65%
May 2005 - 1,648,631 ----- +40.68 %
Apr 2005 - 1,171,931 ---- +113.52 %
Mar 2005 --- 548,854 ----- +86.95%
Feb 2005 --- 293,590 ---- +327.46%
Jan 2005 ---- 68,682 ----- +96.67%
Dec 2004 ---- 34,923 ----- +37.38%
Nov 2004 ---- 25,421 ----- +10.40
Oct 2004 ---- 23,027 ---- +408.66
Sep 2004 ----- 4,527 ---- (-59.68)
Aug 2004 ---- 11,227 ---- +132.59
Jul 2004 ----- 4,827 ---- (-31.31)
Jun 2004 ----- 7,027 ----- +55.22
May 2004 ----- 4,527 ------ NC ---
Apr 2004 ----- 4,527 ---- (-94.73)
Mar 2004 ---- 85,881 ---- (-13.21)
Feb 2004 ---- 98,951 ---- (-00.88)
Jan 2004 ---- 99,833 ----- +00.89
Dec 2003 ---- 98,951 ---- (-18.30)

Looks like the shorts added a few shorted shares between 4/10 and 5/10.

Some covered, some shorted, net net, a slight increase.

Rocket Fuel intact and topped off? ;)

Need an ignition source.

Not sure where that's coming from but the daily chart looked marginally better today than yesterday of course, Full Stochs turned up a bit, still got that positive SPD in MACD going on, weak Magic Box off the lower bolly, no Wm%R confirmation yet though.

I'll just have to hang my hat on those positives and the double bottom maybe sticking, glad I added some yesterday.

Good luck to all!

hmmm, plus ...

... here CHID is right at the top of what WAS that bullish ascending triangle, maybe this is as far as the retrace will go.

Decisions, decisions ;)



jonesie

shorter king, buttin' in here ...

I see the 50MA has been TEMPORARY support a couple of times in the last year, perhaps things have changed.

I'd love to pick some up at the lower bolly band (20,2,0), currently sitting at .58.

Probably dreaming LOL, but stranger things happen every day.

Oops, there it goes back up?

jonesie

nlightn, GDTI getting ready to make a bigger move?

I keep watching it, when I can remember LOL.

Higher lows recently, indicators seem to be promising something.

jonesie

rrrrufff, thanks, that would be great.

Always like to check out new input.

Funny, RB's the worst with pumping/bashing, IHUB ain't bad, and SI is indeed the quietest.

I just mentioned to yassin that he might want to consider coming over here, not sure how much of a readership SI has and he'd certainly be a welcome addition here, yes?

Best regards,

jonesie

rrrufff, thanks for mentioning that SI board ...

... and posting his comments/info.

I didn't even know it was over there, got it bookmarked now.

The only other stock whose board I read on SI is SRAM, which is one I'm thinking may be about to turn the corner. CEO just gave a mid-Q report confirming his comments in the last quarterly CC, which was profitability by June of this quarter and thereafter. Might be worth keeping an eye on.

jonesie

chinapop,

rrruff was out on 5/4, looks to me like that would have been at or near the highs.

Maybe you could lighten up on the overly-aggressive "told you to sell" and "watching it diving" stuff, that sounds kind of funny and ... in this particular case ... you seem to have been talking to the wrong person.

Aside from that, please continue to provide any fact-based analysis and experience-based commentary you have to offer readers of this board.

Thanks.

jonesie

The simple rules are the best.

3 days in play, take your pay. Bought Friday, sold this a.m. on slight surge.

Still, I NEVER expected THIS kind of insanity, I never saw anything like it.

Shocked. Stops taken out? Stops at .75? No way.

jonesie

Finally got my proxy via mail today.

I trade through Fidelity, they're slow sometimes.

I would surely like it better to have more options.

2B shares total OS with a good explanation of why needed.
5B shares total OS with a great/fantastic/motivating explanation of why needed.

jonesie

I wonder how far they'll try to take CHID down, seriously ...

... before the next run.

Oops, right, Fox, forgot ...

And you're right, he doesn't mention NEOM-type stocks there, that isn't what I meant.

There was just a standing joke a few months back with the other panelists about bottoms he called.

Nevermind, ya had to be there LOL.

jonesie

Isn't this Toby's Bottom?

LOL, anybody remember them talking about Toby's Bottom on CNBC Bull & Bears at times?

This is where he told his followers to buy and enjoy a 40% pop a while back. I just hope he didn't tell them to sell at .28.

This is where HE says HE bought. I wonder if HE held?

jonesie

Yu Xi Sun wasn't kidding ...

... she kept buying shares ... a bunch of them, over a half mill.

http://www.secform4.com/insider/viewform4.php?cik=1144320&dir=000091068006000409&form=f4sun0...

I should call her though, her timing isn't all that great, some of us here have done better than that LOL

jonesie

bob, et al, re: .026 trade yesterday

I see 5K shares at .026. And it's still showing as the 52-week low in my trading platform, and it's still in stockcharts, screwing up the chart LOL

Fat Finger Freddy's should be shot lol, well hmmm, maybe too harsh, okay, put into timeout for a week.

jonesie

lonestar, re: PLFC

From "Planning Force, Inc. (PFI), a development stage company, does not have significant operations. It plans to specialize in event planning for corporations. The company intends to offer two types of services, retreat training services and product launch event planning. PFI was formed in 2004 and is headquartered in Spokane, Washington."

... to lasers?

Have I found the right company?

I see where plfc.ob news says they bought a laser company, I guess I have found the right one. Interesting.

jonesie

NeoMedia Reports 175% Revenue Growth in 10-Q Filing

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BusinessWire
09:27 a.m. 05/16/2006


FORT MYERS, Fla., May 16, 2006 (BUSINESS WIRE) -- NeoMedia Technologies, Inc. (NEOM) an innovator in market-driven technologies, has filed its first quarter Form 10-Q with the Securities and Exchange Commission, reporting what its CEO called "a dramatic improvement in revenues" over the same period a year ago.

For the quarter ended March 31, 2006, NeoMedia reported revenues of $2,050,000, a 175% increase over the $747,000 reported for the same period in fiscal 2005. For all of fiscal year ended December 31, 2005, NeoMedia had reported revenues of $2,156,000.

NeoMedia's first quarter results included partial operations from five acquisitions closed during the period: Mobot Inc. of Lexington, Mass. (from February 18-March 31), Sponge of London and Gavitec AG of Wurselen, Germany (February 24-March 31), 12snap of Munich (March 1-March 31), and BSD Software Inc. of Calgary (March 22-31).

"Through acquisition and internal growth, NeoMedia showed a dramatic improvement in revenues," said Charles T. Jensen, its president and CEO. "NeoMedia generated almost as much revenue in the first quarter of fiscal 2006 as it did in all of the previous year."

NeoMedia also reported that, had the acquisitions been completed as of January 1, 2006, pro forma revenue would have been $7,627,000 for the first quarter of 2006; and, if the acquisitions had been completed as of January 1, 2005, pro forma revenue would have been $5,929,000 for the first quarter of 2005.

"Total revenue for the first quarter of 2006 on a pro forma basis was outstanding," said Mr. Jensen. "Moving forward, we plan to continue to invest in our patented core technology of linking the physical world to the electronic world. Now and in the future, as part of the offerings of our new mobile marketing acquisitions, we believe our technology gives NeoMedia a competitive strategic position."

NeoMedia reported a loss from operations of $4,127,000 for the three months ended March 31, 2006 vs. a loss of $1,380,000 for the same period a year ago, and a net loss of $1,317,000 for the three months ended March 31, 2006 as compared with a net loss of $1,219,000 for the same quarter in 2005.

Other non-operating items reported by NeoMedia in its 10-Q filing included:

-- a $1,964,000 loss from debt restructuring associated with notes retired in connection with the sale of convertible preferred stock, and

-- a $4,768,000 gain on derivative financial instruments resulting from a reduction during the first quarter in the fair value of derivatives classified as liabilities on the company's balance sheet.

NeoMedia also implemented Statement of Financial Accounting Standards 123R (SFAS 123R) on January 1, 2006, resulting in a charge of $1,448,000. Instituted by the Financial Accounting Standards Board, SFAS 123R requires companies to expense stock-based compensation.

Shorter King, yeah, it may be a while now.

Unless an interim "good news" PR comes out, there's time for CHID to languish a bit so everybody can reload.

I wonder how low they'll try to take it this time?

Perhaps the CEO can add some towards her 1MM share target a bit cheaper than her first 30K buy.

CHID Reports 1Q Revs up 9.5%, CEO still buying shares

China Digital Communication Group Reports First Quarter Revenue Up 9.5%
Monday May 15, 8:40 am ET

Press Release Source: China Digital Communication Group

LOS ANGELES and SHENZHEN, China, May 15 /PRNewswire-FirstCall/ -- China Digital Communication Group (OTC Bulletin Board: CHID - News), one of the largest and fastest growing battery components manufacturers in China, today reported revenue for the first quarter of 2006 increased 9.5% to $3,183,547, compared to $2,907,512 in the first quarter of 2005. Net income was $736,783, or $0.01 per fully diluted share, compared to $725,799, or $0.01 per fully diluted share in the first quarter a year ago.
ADVERTISEMENT


Interim CEO and President of China Digital Communication Group Yu Xi Sun, said, "We are continuing to grow our core business organically and expand our product lines. With about 10% of China's highly fractured lithium-ion battery component market, we currently have the second largest market share in the world's fastest growing major market.

"We are also moving forward with our plans to close the acquisitions of Galaxy View International and Shenzhen Zhuo Tong Power Supply Industry Co. We expect to close both acquisitions during the summer. We believe that these two acquisitions would position China Digital Communications for future profitable growth opportunities in China's fast-growing telecommunications market.

"We continue to project revenue of $30 million and net income of $10 million, or $0.13 per fully diluted share, based on the successful completion of the two acquisitions. We believe the future of our business is very strong, and as I have stated previously, I intend to purchase up to 1 million shares of the company in the open market by June 20. I have already begun to buy shares," Sun said.

About China Digital Communication Group

China Digital Communication Group, through its wholly owned subsidiary, Shenzhen E'Jenie Science and Technology Co., Ltd. (E'Jenie), is one of China's leading manufacturers and developers of advanced telecommunications equipment. E'Jenie sells advanced high-quality lithium-ion battery shell and cap products to all major lithium-ion battery cell manufacturers in China. E'Jenie's products are used to power mobile phones, MP3 players, laptops, digital cameras, PDAs, camera recorders and other consumer electronic digital devices. China Digital Communication Group is continuing its expansion across East Asia, while also seeking distribution partners and acquisitions in new global markets, including the United States. For more information, visit http://www.chinadigitalgroup.com. To contact the company, call Roy Teng, China Digital Communication Group, (310) 461-1322, e-mail: info@chinadigitalgroup.com.

An investment profile on China Digital Communication Group may be found at http://www.hawkassociates.com/chinadigital/profile.htm.

For investor relations information regarding China Digital Communication Group, contact Frank Hawkins or Ken AuYeung, Hawk Associates, at (305) 451- 1888, e-mail: info@hawkassociates.com. An online investor kit including press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com.

Forward-looking statement: Except for the historical information, the matters discussed in this news release may contain forward-looking statements, including, but not limited to, factors relating to future sales. These forward-looking statements may involve a number of risks and uncertainties. Actual results may differ materially based on a number of factors, including, but not limited to, uncertainties in product demand, risks related to doing business in China, the impact of competitive products and pricing, changing economic conditions around the world, release and sales of new products and other risk factors detailed in the company's most recent annual report and other filings with the Securities and Exchange Commission.




CHINA DIGITAL COMMUNICATION GROUP AND SUBSIDIARIES
(FORMERLY JASMINE'S GARDEN)
CONSOLIDATED BALANCE SHEET
March 31, 2006
(Unaudited)


ASSETS


Current Assets
Cash and cash equivalents $3,610,109
Accounts receivable, net 1,297,433
Inventory 243,142
Prepaid expenses 235,466
Other receivables 10,462
Total Current Assets 5,396,612

Property & equipment, net 641,522

Other Assets
Deposits 3,100
Cash advance for business acquisition 3,000,000
Goodwill 1,865,067
Total Other Assets 4,868,167

Total Assets $10,906,301

LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities
Accounts payable and accrued expenses $785,582
Income tax payable 56,215
Loan payable to related party 174,600
Advances 1,965
Short term note payable 249,600
Total Current Liabilities 1,267,962

Long-term debt, net of current portion 3,000,000

Stockholders' Equity

Common stock, $.001 par value,
140,000,000 shares authorized,
72,960,626, issued and outstanding 72,961
Additional paid in capital 12,514,614
Advance for business acquisition (9,620,000)
Statutory reserve 128,784
Other comprehensive income 203,030
Retained earnings 3,338,950
Total Stockholders' Equity 6,638,339

Total Liabilities and Stockholders' Equity $10,906,301



CHINA DIGITAL COMMUNICATION GROUP AND SUBSIDIARIES
(FORMERLY JASMINE'S GARDEN)
CONSOLIDATED STATEMENTS OF INCOME
FOR THE THREE MONTH PERIODS ENDED MARCH 31, 2006 AND 2005
(UNAUDITED)

2006 2005


Sales, net $3,183,547 $2,907,512


Cost of sales 2,209,267 1,967,596

Gross profit 974,280 939,916


Selling expense 7,194 10,552

General and administrative expenses 164,773 165,958

Income from operations 802,313 763,406


Other (Income) Expense
Interest income (5,115) (50)

Miscellaneous expense 268 (8,791)

Interest expense 29,840 5,335

Total Other (Income) Expense 24,993 (3,506)


Income before income taxes 777,320 766,912


Provision for income taxes 40,537 41,113


Net income $736,783 $725,799


Other comprehensive income

Foreign currency translation 91,346 2,580


Comprehensive Income $828,129 $ 728,379


Net income (loss) per share:
Basic & diluted $0.01 $0.01


Weighted average number of shares
outstanding:
Basic & diluted 63,710,626 54,460,626


Weighted average number of shares for dilutive securities has not been taken since the effect of dilutive securities is anti-dilutive.




--------------------------------------------------------------------------------
Source: China Digital Communication Group

10QSB out:

http://biz.yahoo.com/e/060512/ckrh.ob10qsb.html

What a mess LOL

The chart certainly signalled the upcoming PPS move back on 4/24.

jonesie