Well, too bad this type of PR didn't come out on this stock when it was 1999-2000, it would send it up to the stratosphere quick.
Sinobull Network Technology, has signed partnership agreements with five of Greater China's leading telecom and Internet companies to begin the distribution of its comprehensive financial information, stock quotes, and analysis on the local and international stock markets to millions of mobile phone users in China. Sinobull Network owns and operates http://www.sinobull.com , one of the leading financial information portals in China ... voted "Most Popular Financial Web Site" two years running by the China Security Times. The company's recently signed revenue sharing deals with key players in the mobile data business include:
-- UTStarcom (Nasdaq: UTSI) http://www.utstar.com -- the key supplier of PAS mobile networks and equipment for China Telecom, China's largest telecom company
-- China Telecom Hotline -- information hotline services from China Telecom, via fix line
"Mobile data communication is a very exciting area of growth for the mobile communication industry, and Sinobull Network has successfully leveraged its unique advantages in financial content to secure revenue sharing agreements with these key industry players", said Dr. Wallace Ching, Hartcourt's CEO. "The agreements have generated revenue from day one, and we expect a very healthy growth in this business as the mobile data market continues to expand." China has recently passed Japan and the US and now has the largest mobile phone user population in the world, with approximately 140 million registered subscribers. Data mobile communication is becoming a very important sector of revenue growth for carriers. Short messaging service (SMS) enabled mobile chat, financial data, and other forms of data communication have become very popular with mobile users and is growing at a rapid rate. According to industry reports, SMS traffic is projected to generate approximately 300 million USD for China's mobile phone markets in 2002. Hartcourt has announced that it will publicly divest its operating division, the Sinobull Financial Group, in a reverse merger with Global Telephone Communications Inc. (OTC Bulletin Board: GTCI). The reverse merger will result in Sinobull Financial Group actively trading on the U.S. equity markets.
About Hartcourt The Hartcourt Companies is a holding and development enterprise that has built a broad network of Internet, media, and telecommunication companies in Greater China. In partnership with leading Chinese entrepreneurs and government-sponsored entities, Hartcourt is developing and investing in emerging technologies while building an integrated commercial framework for its subsidiaries and their partners. Hartcourt's operative business strategy is designed to facilitate a series of venture divestitures via IPO or public merger to fully realize the value of these assets for its investors. Detailed information on Hartcourt can be obtained via the company's Web site: http://www.hartcourt.com .
About Sinobull Financial Group Sinobull Financial Group develops financial technology, financial operating platforms and internet-based financial services. Sinobull's operating companies include: Sinobull Information Company Ltd., Sinobull Network Technology, Financial Telecom Ltd., Ton Bo software, HCTV Financial TV channel Ltd. and Sinobull Magazine Ltd. Sinobull.com is a financial information and stock trading website. Sinobull Group and its strategic partners provide news, data and analysis to the business community and media outlets. Services include; real-time pricing, historical pricing, indicative data, analysis and electronic communications. Clients include China's investment institutions, commercial banks, government offices and agencies, corporations, and news/media organizations. http://www.sinobullfinancial.com .