This is a little outdated, but is a decent overview of CAOL. Not included is that they have started their filing process.
Take a look::::;
CAOL IS::::CathayOnline:::::::
outstanding shares= 8.5 million
A LOW float of 1.5 million
CathayOnline is a development stage company that is in the business of
acquiring profitable Internet and E-commerce companies.
CAOL is focused on two aspects of business within the boarders of China. A
favorable legal opinion has been rendered in regard to the acquisition of 200
lottery kiosks. In fact they have begun the acquisition process, and procedded with three.
These kiosks will resemble
take in cash and produce a lottery ticket. These are very much like the lottery
machines that are used within the USA in some states. The Chinese
government has sanctioned the lottery as it helps finance welfare and sport
programs. While still in its infancy, the lottery is the fastest growing gaming
segment in China. The 9 month lottery sales exceeded $1,330,000,000
USD.
How will CAOL profit from owning a kiosk? CathayOnline will receive 6% of
the intake from each Kiosk. This is already a profitable business, as some of
the kiosks being acquired are currently producing profits. Thus, after the
acquisition, CAOL will be instantly very profitable.
Links to news:
biz.yahoo.com
quicken.com.
quicken.com.
CathayOnline is in the process of acquiring an Internet Service Provider
within the province of Sichuan. The ISP is currently one of four services
available to residents within the province. The other three are government run
ISPs offering little customer service, slow upgrades, and few E-commerce
solutions. The Chinese government is encouraging privatization of the
country's ISPs. Private companies can be more flexible in pricing and usage
packages to accommodate subscribers. Value-added products will increase
revenue in an already profitable situation. Network integration, consulting
services, security products, Web hosting, and E-commerce sites can all
supplement earnings. CAOL plans to expand into Beijing, Shanghai, and
Guangzhou with their ISP service. After the acquisition, CAOL will own one of
15 active licenses, issued by the Ministry of Posts & Telecommunications,
available within China. This IS already profitable and would instantly provide
earnings for CAOL. Links to more information:
quicken.com.
quicken.com.
The CEO of CathayOnline,Bruce Ransom. Who is currently in China working on future kiosks
acquisitions. Brian Ransom his brother, is an ex-international fund
manager with exceptional Asian contacts. In fact he was born in the province
of Shanghai. Brian has been very approachable and more than willing to
answer any questions. (At this time I am unsure of his "title".
The company has been on time with all scheduled acquisitions to date.
These acquisitions will provide instant profits. While CAOL is still
developmental, the upside to downside risk provides a very good risk to
return ratio, in my opinion. I am long CAOL. I have not been paid to write this,
and I do not have any affiliation with CAOL, CathayOnline, nor WVFG.
There is a new web site up and running with a lot of information- with more to come.
cathayonline.com
I consider this report to be VERY incomplete, and would encourage further
due diligence. If I can be of any help, please feel free to post or E-mail me
questions. I will try my best to provide you with the answer AND a place to
verify my answer.
Khristian Smith / nitetrade
Nitetrade@home.com |
