Qingdao Footwear (QING) Announces National Interview on the “Big Biz Show”
Date : 04/14/2011 @ 12:21PM
Source : Business Wire
Stock : Qingdao Footwear (QING)
Quote : 0.4 0.0 (0.00%) @ 9:00AM
Qingdao Footwear (QING) Announces National Interview on the “Big Biz Show”
Qingdao Footwear (OTCBB:QING)
Intraday Stock Chart
Today : Thursday 14 April 2011
Qingdao Footwear (OTCBB: QING) announced today that will be interviewed on the “Big Biz Show” radio and TV program with Bob “Sully” Sullivan and Russ “T Nailz” Stolnack, over the coming weeks.
The “Big Biz Show” broadcasts out of San Diego, California. The show, recently named by TALKERS Magazine as one of the “Top 10 Most Influential Financial Shows” in the country is highly recognized for discussing current business events, internet related issues and other hot topics in the business world. Bob “Sully” Sullivan and Russ “T Nailz” Stolnack are renowned and experienced radio broadcast personalities. The “Big Biz Show” reaches more than 2 million listeners and 30 million cable homes weekly.
The Company stated that it would be announcing the specific time of the broadcasts in the near future. Stated a Company representative, “we are excited to get do the program and gain additional exposure and knowledge and our company, and it’s potential growth. This is the first step of many in our plan to increase the exposure of the company to the US marketplace.”
To listen or watch the live interview, please visit www.bigbizshow.com. To view the Network Television and Radio feed of the interview, click the “Watch Us Live” tab on the front page or find a station near you by entering your zip code in the “FIND US” box on the same page.
ABOUT QINGDAO FOOTWEAR
The company’s net sales increased to $14,964,654 in the nine months ended September 30, 2010 from $12,517,751 in the same period in 2009, representing a 19.6% increase year-on-year. As retail sales trends and broader economic growth in the PRC have been positive despite a global economic downturn, during the nine months ended September 30, 2010, we increased prices by 26% in order to achieve higher gross profit, with a focus on net sales profit over volume. This increase was mainly due to the growth in Qingdao Footwear’s points of sales. As of September 30, 2009, Men’s footwear constituted 60% of revenue and women’s footwear the remainder. 40% of sales were formal shoes, and the remaining 40% are attributed to casual footwear.
SAFE HARBOR STATEMENT: This news release contains "forward-looking statements" made pursuant to the safe harbor provisions of the 1995 Private Securities Litigation Reform Act. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." Such statements are subject to risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that our products may not achieve customer acceptance or perform as intended, that we may be unable to obtain necessary financing to continue operations and development, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.
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