CCKI good info here.
To: Spark who wrote (13033)
From: ajs
Tuesday, April 4, 2000 10:12 AM ET
Reply # of 13298
I think I have found a good one: CCKI. Totally unknown on RB and SI. Fully reporting
with very low float and right on the ground floor. I am starting a thread on RB and think
we could see $40 to $50 in the next few months. From my discussion with IR, the
company wants to see a gradual move up in the price. The float is completely under
control and we don't have to worry about any dumping. I think this is as clean as it gets.
I have bought a few thousand shares.
Here is what I have found so far from the Press release and talking to IR:
OS: 13.2 million
Float: 250-300 K
biz.yahoo.com
Centrock Incorporated Issues Announcement
SPOKANE, Wash.--(BUSINESS WIRE)--March 31, 2000--Centrock Incorporated
(OTCBB:CCKI - news) is seeking shareholders' approval for an agreement it has
reached with Huading Financial Network Limited of Hong Kong for the purchase of all
its outstanding common shares in exchange for 10 million of Centrock treasury shares,
which shares will be restricted from trading for at least one year. Huading Financial
Network Limited owns all the shares of Shenzhen Huading Financial Network Ltd.
which operates chinaHD.com in the People's Republic of China where it is the best
known and respected source for Chinese financial and stock market information, and
which recently has started to provide online trading services.
After the shareholders approve the transaction there will be 13.2 million Centrock shares
outstanding, with about $700,000 in hand. The company will be seeking additional
funding to finance its expansion.
Further, the company is pleased to announce the appointment of Li Haidong, a
businessman residing in Singapore, as a director to the company's board of directors.
Mr. Christopher George President
For further information, please contact the company at 157 South Howard Street, Suite
600, Spokane, Washington 99201, or phone Cam King at 800/979-9327.
About ChinaHD.com
Highlights: Huading Financial Network Inc. (ChinaHD.com) is the ?only? online
securities trading website portal licensed to trade in all regions of China. ChinaHD.com
offers an integrated package of online financial services and information that will facilitate
the continued growth of stock trading in Mainland China.
(ChinaHD.com) is the first to link securities dealers with individual investors across all of
China, Huading is the largest licensed company authorized by China?s government to
disseminate stock market information and online trading services via the internet.
The target markets are banks, financial institutions and individual investors. These
segments encompass thousands of securities dealers and brokers, and at least in the tens
of millions of individual investors across China.
Competition: The parent companies of Huading (ChinaHD.com), Huading Financial
Holdings Co. and Xinhua, the state news agency, enjoy unrivalled recognition in China.
The name Huading has a status comparable to that of Bloomberg and S&P in North
America. The daily paper published by Huading Financial Holdings Co., "China
Securities News", has become the standard reference since the opening of China's
fast-growing stock market in 1992. The brand is thus already established, and
ChinaHD.com is a logical step up to the next level: a national online stock trading and
information system. There is no comparable provider of content and services. To date,
all other online trading organizations in China have received licenses to trade in local
areas. Huading is the only online trading company that has received license to trade
across the entire country of China.
Strategic Alliances: The Xinhua News Agency will provide massive daily off-line
exposure of the Huading brand and its online services at no charge to ChinaHD.com
during the eighteen-month ramp-up phase. This will happen through 59 newspapers, 116
television stations and 40 radio stations. As well as other media outlets, in addition to
links from China?s most popular portal sites. The advertising audience captured at zero
direct cost is likely in the hundreds of millions. This is possible because ChinaHD.com is
a subsidiary of Xinhua News Agency, the largest and most prestigious national content
provider in China. Xinhua is already active in a number of high tech ventures with foreign
investor participation, including the China.com portal. Xinhua is committed to the
commercial success of Huading (ChinaHD.com).
Location: Head office is in Shenzhen, Guangdong Province, with expansion plans to
include offices in all major cities across China. |
