Replies to post #70015 on Momentum Players

[veejer999]

VICI=> HUGE CHINESE MERGER NEWS YESTERDAY =>

Victor Industries, Inc. Merger Moving Forward At Accelerated Pace
Tuesday December 6, 11:00 am ET


LOS ANGELES, Dec. 6, 2005 (PRIMEZONE) -- Victor Industries (OTC BB:VICI.OB - News) is pleased to announce merger negotiations with broadband solution provider Zhejiang Fibersense Communications Technology Co. Ltd. (FSP China) are moving forward at an accelerated pace. FSP has this week engaged a New York law firm to negotiate the final terms of the proposed merger.
Zhejiang Fibersense Communications Technology Co. Ltd. (FSP) http://www.fsp.com.cn has signed exclusive multi-year contracts with the government of China and major telecommunication companies to supply VoIP (Voice over Internet Protocol) and Wireless Broadband (802.16 WiMax) voice-and-data fixed-and-wireless telecommunication services. FSP has set up sales and engineering office centers in Hangzhou, Beijing, Chungdu, Shenzhen and Hong Kong. The Company is committed to providing cost-effective integrated VoIP and WiMax system solutions conforming to Chinese and international standards.


Further, FSP has used its considerable contacts in China to secure a potential distributor for Victor's products on mainland China and South East Asia. To that end, Victor Industries has entered into negotiations with Hong Kong-based New Point International (NPI).


http://biz.yahoo.com/pz/051206/90785.html