I was so busy celebrating the demise of 2008, I didn't even notice the press release about the acquisition of TopTV USA.
These guys are making some moves for sure. If they're half right we are in great shape. If they are all right, I will only regret not buying more when I had a chance.
All Line, Inc., (Pink Sheets:ALIN - News), a company engaged in telecommunications, multimedia, and IT development, today announced that Chinese Media Group Corporation (www.cmgc.tv) has signed a letter of intent to acquire a 51% equity stake in TOPTV USA (www.toptvusa.com), the first ever 24/7 free-to-air digital Chinese TV channel in the U.S. providing digital TV programs to overseas Chinese in Los Angeles and Orange Counties, CA.