AWESOME CHINA PLAY AWESOME CHINA PLAY... FHTV- with all the chinese plays going crazy, this one might be next...Seems to be getting discovered a little today. These is info taken off SI. current ask .40... This might turn into a momo, so be careful.
With the new trade agreement between the U.S. and China many Chinese related companies are seeing explosive rises in thier stock prices. FHTV is a Chinese based company that could see tremendous growth from U.S. investors and businesses taking advantage of this agreement.
Fisher Television Co. commenced operations in 1993 to own, operate and develop a satellite broadcast network delivering direct response television, home shopping and general entertainment television programs to cable operators throughout the People?s Republic of China and the Pan Pacific Region (the ?PRCs?). Since its inception, the Company has secured the following?
? The exclusive right to broadcast direct response and home shopping television programs via a Chinese government sponsored package of 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?).
? The satellite footprint leased by The Company encompasses the entire Pan Pacific Region, including parts of India.
? The Company has additional entered into discussion to distribute the Companys signal into Bangkok, Thailand with Premier Cable Operations.
? The Company has completed successfully, listing the Company on Nasdaq, Bulletin Board, OTC Symbol (FHTV). The acceptance by the public was completed the initial offering within 40 days selling 20% of the company to the public.
? The control of the Company remains with the original investors.
? The right to lease, on a cost/plus basis, state-of-the-art telemarketing/database technology and a management facility and operational support system complete with dedicated operators and region-wide toll free telephone lines to be constructed to the specifications of the Company by Macau telephone Company and (?Kong Seng?).
? A broadcast license granted in Portugal by CANAL VIVIR, S.I.
? The right to utilize the Chinese Post and Telegraph system, Ministry Post and Telecommunications (MPT) to fulfill home shopping order on a C.O.D. basis.
? The contractual right to utilize private delivery systems such as UPS, TNT and DHL in major cities in China.
? Warehouse distribution facilities in Macau and China for Fulfillment of DRTV and home shopping merchandise marketed in China.
? Joint venture agreement with (CCFT) China National Commercial Foreign Trade Corporation to supply importation and custom duties priority. |