ragingbull.com
Compare FHTV to China.com (Symbol:CHINA)
biz.yahoo.com
China.com Corporation is a pan-Asian Internet company delivering content, community and commerce through its portal network to Chinese language audiences interested in local Portal services emphasizing the Greater China region. For the fiscal year ended 12/31/98, revenues totalled $3.5 million, up from $509 thousand. Net loss totalled $8.5 million, up from $4.1 million. Results reflect the acquisition of The Web Connection, offset by increased personnel expenses.
Shares Outstanding: 21.1 million
Float: 4.2 million
Market Capitalization: $1.1 Billion
Now Fisher TV:
Shares Outstanding: 11 million
Float: 4.6 million
Market Capitalization: $5.5 Million
And this is what FHTV does:
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1) The exclusive right to broadcast direct response and home shopping television programs via a Chinese government sponsored package or six channels to be delivered by the Sino Sat satellite to over 120 provincial cable operators ("PCO") situated throughout the PRC with an estimated subscriber base of more than 180 million households (approximately 720 million full-time equivalents (FTEs.
2) The satellite floorprint leased by The Company encompasses the entire Pan Pacific Region, including parts of India.
3) The Company has additionally entered into discussion to distribute the Company's signal to into Bangkok, Thailand with Premier Cable Operations.
4) The right to utilize the Chinese Post and Telegraph system, Ministry Post and Telecommunications (MFT) to fulfill home shopping orders on a C.O.D. basis.
5) The contractual right to utilize private delivery systems such as UPS, TNT, and DHL in major cities in China.
6) Warehouse distribution facilities in Macau and China for fulfillment of DRTV and home shopping merchandise marketed in China.
7) Joint venture agreement with (CCFT) China National Commercial Foreign Trade Corporation to supply importation and custom duties priority.
8) Access to a vast library of DRTV and other pre-existing programming through time block sales and exchanges and barter arrangements.
9) Merchandising arrangements with Western manufactures with operation in Asia, such as Nike, Daimler-Benz, Revlon, Nordic Trac, NFL Properties, Levi, Lenox China, Amway Asia and C.K. Products.
10)Merchandising contracts with license products such as Michael Jordan, NHL, NFL, MGM and others.
11)Merchandise financing & supplied by a joint venture agreement with (CCFT) China National Commercial Foreign Trade Corporation. A state owned enterprise under the Ministry of Foreign Trade (MOFT). Merchandise can be resourced from any of 48 countries, including USA, where (CCFT) has resident offices.
12)The Company holds an exclusive agreement with Telesat/Cosmos to provide home shopping, direct, response shopping (infomercials). This agreement is 9I) exclusive to the Company the entire Peoples Republic of China (ii) This agreement is for 5 years with the Company's option for an additional 5 years.
Should I go on? LOLOLOL Now IMHO FHTV has a much bigger potential than China.com. However, China.com has a $1.1 billion market cap and trading @$50, FHTV has a $5.5 million market cap and trading @$.50.
mmmmm....just a thought...lolol
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