CHIO - Up 30% Friday, don't know why -
But the article posted now provides some insight into the use for that $16M worth of electronic equipment, LCD TVs for advertising. And the web development software continues to provide revenues.
From the article:
"China INSOnline Plans to Expand Country-wide
China INSOnline has numerous plans to combat this turn of events through additional promotion and network expansion. For instance, the company plans to set “hot-spot” key words for price competition of the relevant industries in popular search engines.
Meanwhile, the company also plans to expand its presence in traditional media via an integrated vertical promotion campaign by means of LCD televisions installed in office buildings, elevator advertisements, public buses, radio stations and more to popularize its brand."
As I have said before, I don't care how they make money, just make it.