Tokyo Joe's Cafe / Societe Anonyme/No Pennies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ie Coan Bie who wrote (110159)	11/18/1999 8:24:00 AM
From: Ie Coan Bie	Read Replies (3) of 119973

ACEI, new china stock plays Thursday November 18, 7:30 am Eastern Time Company Press Release SOURCE: American Champion Entertainment ACEI Taps into Untapped Chinese Market Through the Intended Acquisition of Great Wall International Sports Media Company SAN JOSE, Calif., Nov. 18 /PRNewswire/ -- American Champion Entertainment (Nasdaq: ACEI - news) is progressing with contract negotiations with the Great Wall International Sports Media Company of Beijing, China (``Great Wall') to acquire 80% controlling interest of Great Wall through an exchange of stock. The President and CEO of ACEI, Anthony Chan, announced today on the heels of the news of the U.S./China trade agreement reached Monday, that both sides have made strides in furthering detail negotiations on the proposed acquisition which will enable ACEI to tap into the commercial sports market in China. Great Wall focuses on promotion of international sports events during which revenues are generated from advertisers, sponsors and television broadcast licenses. The trade agreement between the two countries promises easier entrance into the Chinese market by reduction of key tariffs and removal of other trade barriers. China, with a population of 1.2 billion and a fast growing economy, is considered one of the most potentially lucrative markets in the world. As indicated by its early foothold into China, ESPN currently broadcasts sports programs to over 21 million cable equipped homes. ACEI believes its intended acquisition of Great Wall is a sound strategic move into this growing market. ACEI's unique advantage with its close connections to U.S. sports celebrities and personnel, coupled with Great Wall's sports promotion can form a strong alliance to exploit the Chinese desire for western

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next