SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : China "plays"
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gary105 who wrote ()11/30/1999 9:40:00 AM
From: Cavior Organization   of 36
 
A new China play is born -- Tengtu International Corp. This one with real legs. Company put out its first press release today; just started new thread on SI at Subject 32002. Check it out:

Tengtu International, with mandates from two powerful Chinese ministries to bring China's national educational system into the 21st century, forecasts real revenues of $30 million for calendar 2000 from software sales to 12,500 Chinese schools through mandates from the Chinese Ministries of Education and Information Technology. Contracts are being filled right now, with another 60,000 schools in the pipeline.

OTCBB but fully filing, TNTU has fewer than 20 million shares outstanding, so that's $1.50 sales per share from software alone (float about 4 million). TNTU also owns the biggest full-service TV/movie production studio in China. Also has stake in N. American school software vendor headed by former top IBM officer.

Worth some DD.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News