FHTV...rumor with QVC to transmit Home Shopping throughout China...
THE RUMOR IS THAT FHTV (previously SGYT) IS EXPECTING NEWS ANY DAYNOW!!!!!!!
FHTV - Undiscovered and undervalued!!! This stock could see 5.00 on the
next PR that should be coming out any day now...
there are around 4.5 million shares in the float..
Someone on SI who we know and trust followed up on the Rumor and phoned
China..."Just got off the phone with Vanessa Tarn. I asked her to verify
the rumors and she indeed said a NR would be released very soon. The only
delay is having the release cleared and finalized through their lawyers.
Great News!"Here is a source of great DD!!!!http://www.baldino.com/fhtv2 )
This here was the first time we heard about this company...they are about
to explode:
asiapac.net yinc.html
2 April 1999
FISHER TELEVISION IN JOINT VENTURE WITH CHINA NATIONAL FOREIGN TRADE CORP
MACAU, China, April 2 /PRNewswire-AsiaNet/ -- FISHER TELEVISION COMPANY,
Inc. (OTC Bulletin Board: FHTV) announced today that it has entered into a
Letter of Intent agreement with QVC, Inc. to add QVC to the FISHER
TELEVISION COMPANY programming lineup in 1999.
FISHER TELEVISION COMPANY is the China's leading direct broadcast
satellite service with more than 25.1 million subscribers.
QVC is the world's preeminent electronic retailer marketing a wide variety
of brand name products in such categories as home furnishing, licensed
products, fashion and beauty, electronics and fine jewelry.
FISHER TELEVISION COMPANY additionally has signed a joint venture
agreement with China National Commercial Foreign Trade Corporation (CCFT)
last week in Beijing a state-owned foreign trade enterprise directly
trades the Ministry of Internal Trade.
"This joint venture will allow FISHER TELEVISION COMPANY access to
products inside China and as well as all the 48 countries or regions which
China National has established business relations," said William Fisher,
President.QVC will automatically be added to six FISHER TELEVISION COMPANY
programming packages in the last quarter of 1999.
"QVC is recognized nationwide for its innovative programs and products and
the addition of QVC to FISHER TELEVISION COMPANY programming packages
truly enhances the value of our lineup," said William Fisher, President.
"FISHER TELEVISION COMPANY subscribers will soon be able to experience QVC
products and enjoy the shopping convenience offered by the FISHER
TELEVISION COMPANY network."
FISHER TELEVISION COMPANY trades on the NASDAQ electronic BB under the
symbol (SGYT).
For more information please contact: Vanessa Tarn, 853-711-123, Public
Relations, Macau, China OR James Young, or Steve Nocito, 212-308-5361
SOURCE FISHER TELEVISION COMPANY, Inc.
CONTACT : VANESSA TARN, 853-711-123, PUBLIC : RELATIONS, MACAU, CHINA, OR
JAMES : YOUNG, OR STEVE NOCITO, 212-308-5361, : ALL FOR FISHER TELEVISION
COMPANY, : INC. DATE OF RELEASE : APRIL 2, 1999 RELEASED BY BERNAMA PRWIRE |
