Hello ggcox,
CPT also has an agreement with DeVry subsidiary Becker CPA Review Corp.
DeVry trades on the NYSE but I don't know if Becker is wholly owned by DeVry Inc. ( NYSE.DV) or trades on its own.
siliconinvestor.com
To answer your question " Would you short any of the above?". The answers "No" but then again, I wouldn't short anything. Too conservative.
CPT is busy
wwwa.stockwatch.com
Capital's CIBT+Becker equals number crunchers in China
Capital Alliance Group Inc CPT
Shares issued 18,889,099 Feb 3 close $0.33
Tue 4 Feb 2003 News Release
Mr. Toby Chu reports
CIBT AND DEVRY SUBSIDIARY TO OFFER CHARTERED FINANCIAL ANALYS ...
CIBT Canadian Institute of Business & Technology Corp. (CIBT), a subsidiary
of Capital Alliance Group and a leading business school providing academic
degree and information technology training programs in China, has signed an
agreement with Becker CPA Review Corp., a subsidiary of DeVry Inc., which
does business as Becker Conviser Professional Review, to deliver chartered
financial analyst (CFA) training in China. DeVry is one of the largest
publicly held education companies in North America, serving over 92,000
students at 250 locations around the world.
Under the terms of the agreement, CIBT is authorized to deliver the
chartered financial analyst (CFA), certified management accountant (CMA)
and certified public accountant (CPA) preparatory coursework throughout
China.
Since 1989, China's financial sector has grown tremendously, increasing its
assets by approximately $2.7-trillion (U.S.). Foreign direct investment
into China has soared to over $50-billion in the past year, and recently 50
investment firms with $400-billion under management founded the China
Venture Capital Association. This dramatic and continued growth in China's
financial sector have resulted in a steadily increasing demand for
Western-trained financial specialists such as CFAs, CMAs and CPAs.
Sponsored by the Association for Investment Management and Research, the
CFA exam is a globally recognized standard for measuring the competence and
integrity of financial analysts. The CFA designation is well known as the
most prestigious and rigorous professional certification related to money
management, financial analysis and portfolio management.
"The addition of these preparatory courses for financial examinations to
our business school only represents the beginning of our professional
program initiative," said Toby Chu, CIBT president and chief executive
officer. "We are very proud to partner with Becker Conviser, a leading
provider of professional review courses with a distinguished 45-year track
record. We look forward to significantly expanding CIBT's market share in
the future by adding other professional designation and career development
programs."
"We're pleased to join with CIBT to further expand Becker Conviser's
international presence to mainland China," said Daniel Hamburger, executive
vice-president of DeVry. "With the increased demand for Western
professional credentials, we believe the Becker methodology will be of
value to those preparing for these examinations."
About Becker Conviser Professional Review
The largest provider of certified public accountant exam review programs in
North America, Becker Conviser Professional Review offers preparatory
coursework for professional certification exams in more than 250 classroom
locations around the world, as well as on-line and via CD-ROM. The parent
company, DeVry Inc., also owns and operates DeVry University. DeVry and its
divisions are based in Oakbrook Terrace, Ill. For more information about
Becker Conviser certified professional accountant (CPA), certified
management accountant (CMA) and chartered financial analyst (CFA) review
courses, visit beckerconviser.com.
(c) Copyright 2003 Canjex Publishing Ltd. stockwatch.com
Cheers
C |
