Tuesday, January 27, 2004 10:31:10 PM
I would buy AVWI under $1
from OTC
ActionView (OTC BB: AVWI) Finally Back in Action
Actionview has been anything but action packed over the past 90 days. This company has developed some outstanding point-of-purchase sign technology, but hasn't had much to say since the October/November time frame when the company reported exciting results from several pilot programs around the world.
I first reported on the company back on October 19th at $.92. Since then, the stock has seen a high of $1.20, and a low of $.70. The stock has been stair stepping its way higher on increasing volume since December tax loss selling abated, and could make a new high in the near term based on what we learned today after the market closed.
Today, just after the market closed, ActionView announced it has entered into a joint venture arrangement to place advertising signs throughout Hong Kong and China. Americrown Inc of Hong Kong is the joint venture partner. According to the press release, the first signs will be placed at movie theaters in Hong Kong with the Broadway Theater Group, who owns movie theaters throughout Hong Kong and China.
For those of you who haven't been paying attention, companies offering goods and services to the exploding Chinese market have been going crazy. Along with gold stocks. These are two waves in which I have failed to vend up ideas. You can't catch them all.
However, ActionView might end up filling the void for a China related idea. Their signs are perfect for this market, and there is unlimited opportunity.
I asked a technician friend to look at the stock. Here are his thoughts:
"After hitting its all time high back in October, the stock pulled back to the 70 cent level before resuming its longer term uptrend. Although it appeared on its way back up to test the all-time, the stock recently pulled back once again, thus retracing 50% of its '04 gains. The stock now appears perfectly poised to test the all-time high and appears to have consolidated well enough to break through the 52 week high of $1.19. Short term target to $1.19. If it can break above that, the stock has room to run."
I'm not sure if he's right, but I know stocks of companies doing business in China are going nuts. This news could put some real sizzle into this situation. Look for investors to pounce on this one as a result of their opportunity with the joint venture into China and Hong Kong. As always, if the stock gaps up at the open, wait for a pull back and use a limit order.
Here is the complete text of the news release for your review:
Press Release Source: ActionView International, Inc.
ActionView International, Inc. Forms Joint Venture Marketing Company in Hong Kong to Market Their Motion Media Billboards
Tuesday January 27, 4:01 pm ET
POINT ROBERTS, WA--(MARKET WIRE)--Jan 27, 2004 -- ActionView International, Inc. ("ActionView") (OTC BB: AVWI) is pleased to announce today that it has signed a letter of intent to immediately establish an international joint venture advertising media corporation with Americrown Inc. of Hong Kong ("Americrown").
Americrown's President, Justin Kwei (BA, MBA), has been named the President of the new joint venture media corporation with the head office to be established in Hong Kong. The new joint venture will have the benefit of his extensive experience and connections, as well as full use of the existing infrastructure of his organization.
The new joint venture media corporation will immediately commence the installation of ActionView motion billboards in the largest movie theatre chain in Hong Kong. The Broadway Theatre Group ("Broadway") has a chain of multiple screen theatres located throughout Hong Kong and China. They are also a movie producer with proven winners such as "Crouching Tiger," "Hidden Dragon" and "Hero." Broadway will act as a showcase for ActionView for Hong Kong and China.
ActionView will supply the billboard scrolling "Actionview" sign inventory as well as the related technical expertise.
Americrown will be responsible for the establishment of sign locations and the marketing of advertising space on the scrolling billboard signs, as well as management of the advertising sales force.
Mr. Kwei has been directly involved with marketing and sales in Hong Kong and China for over 25 years. Most recently, he was the managing director for Sita, the largest airline telecommunication provider in the world.
About ActionView International, Inc.
ActionView International, Inc. is the owner, marketer and franchiser of sophisticated and computerized backlit scrolling billboard sign technologies for local and international public venues. Through its 12-poster scrolling backlit sign system and revenue sharing program, ActionView is positioned to make a serious impact on the multi-billion dollar point-of-purchase global outdoor advertising industry. ActionView's 2004 business development plans include the installation of thousands of signs in multi-national retailers stores around the globe resulting in millions of dollars of advertising revenues.
Forward-Looking Statements
This release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be 'forward-looking-statements.' Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may," "could," or "might" occur.
On behalf of the Board of Directors of ActionView International, Inc.
Christopher Stringer, President
An investment profile on ActionView may be found at www.actionviewinternational.com.
Contact:
Contact:
Investor Relations
ActionView International
1-888-889-0888
from OTC
ActionView (OTC BB: AVWI) Finally Back in Action
Actionview has been anything but action packed over the past 90 days. This company has developed some outstanding point-of-purchase sign technology, but hasn't had much to say since the October/November time frame when the company reported exciting results from several pilot programs around the world.
I first reported on the company back on October 19th at $.92. Since then, the stock has seen a high of $1.20, and a low of $.70. The stock has been stair stepping its way higher on increasing volume since December tax loss selling abated, and could make a new high in the near term based on what we learned today after the market closed.
Today, just after the market closed, ActionView announced it has entered into a joint venture arrangement to place advertising signs throughout Hong Kong and China. Americrown Inc of Hong Kong is the joint venture partner. According to the press release, the first signs will be placed at movie theaters in Hong Kong with the Broadway Theater Group, who owns movie theaters throughout Hong Kong and China.
For those of you who haven't been paying attention, companies offering goods and services to the exploding Chinese market have been going crazy. Along with gold stocks. These are two waves in which I have failed to vend up ideas. You can't catch them all.
However, ActionView might end up filling the void for a China related idea. Their signs are perfect for this market, and there is unlimited opportunity.
I asked a technician friend to look at the stock. Here are his thoughts:
"After hitting its all time high back in October, the stock pulled back to the 70 cent level before resuming its longer term uptrend. Although it appeared on its way back up to test the all-time, the stock recently pulled back once again, thus retracing 50% of its '04 gains. The stock now appears perfectly poised to test the all-time high and appears to have consolidated well enough to break through the 52 week high of $1.19. Short term target to $1.19. If it can break above that, the stock has room to run."
I'm not sure if he's right, but I know stocks of companies doing business in China are going nuts. This news could put some real sizzle into this situation. Look for investors to pounce on this one as a result of their opportunity with the joint venture into China and Hong Kong. As always, if the stock gaps up at the open, wait for a pull back and use a limit order.
Here is the complete text of the news release for your review:
Press Release Source: ActionView International, Inc.
ActionView International, Inc. Forms Joint Venture Marketing Company in Hong Kong to Market Their Motion Media Billboards
Tuesday January 27, 4:01 pm ET
POINT ROBERTS, WA--(MARKET WIRE)--Jan 27, 2004 -- ActionView International, Inc. ("ActionView") (OTC BB: AVWI) is pleased to announce today that it has signed a letter of intent to immediately establish an international joint venture advertising media corporation with Americrown Inc. of Hong Kong ("Americrown").
Americrown's President, Justin Kwei (BA, MBA), has been named the President of the new joint venture media corporation with the head office to be established in Hong Kong. The new joint venture will have the benefit of his extensive experience and connections, as well as full use of the existing infrastructure of his organization.
The new joint venture media corporation will immediately commence the installation of ActionView motion billboards in the largest movie theatre chain in Hong Kong. The Broadway Theatre Group ("Broadway") has a chain of multiple screen theatres located throughout Hong Kong and China. They are also a movie producer with proven winners such as "Crouching Tiger," "Hidden Dragon" and "Hero." Broadway will act as a showcase for ActionView for Hong Kong and China.
ActionView will supply the billboard scrolling "Actionview" sign inventory as well as the related technical expertise.
Americrown will be responsible for the establishment of sign locations and the marketing of advertising space on the scrolling billboard signs, as well as management of the advertising sales force.
Mr. Kwei has been directly involved with marketing and sales in Hong Kong and China for over 25 years. Most recently, he was the managing director for Sita, the largest airline telecommunication provider in the world.
About ActionView International, Inc.
ActionView International, Inc. is the owner, marketer and franchiser of sophisticated and computerized backlit scrolling billboard sign technologies for local and international public venues. Through its 12-poster scrolling backlit sign system and revenue sharing program, ActionView is positioned to make a serious impact on the multi-billion dollar point-of-purchase global outdoor advertising industry. ActionView's 2004 business development plans include the installation of thousands of signs in multi-national retailers stores around the globe resulting in millions of dollars of advertising revenues.
Forward-Looking Statements
This release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be 'forward-looking-statements.' Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may," "could," or "might" occur.
On behalf of the Board of Directors of ActionView International, Inc.
Christopher Stringer, President
An investment profile on ActionView may be found at www.actionviewinternational.com.
Contact:
Contact:
Investor Relations
ActionView International
1-888-889-0888
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