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Strategies & Market Trends : Greater China Junior Stocks

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To: Julius Wong who wrote (1370)12/21/2006 10:05:40 PM
From: Bread Upon The Water  Read Replies (1) of 1992
 
My "Financial Gateway to Asia" newsletter recommends Kantone Holdings (in Hong Kong ticker symbol 1059 or over the counter in NY under the symbol "KTHGF" about .45 in HKD and 05. cents US). Kantone " stand to clean up because it's bringing the National Lottery to as many as 380 million cell phone and internet users in the country. An they'll get a 6% commission on all lottery ticket sales made through its on-line system."

"Kantone's on-line betting system is not fully operational yet. They're still testing the system for glitches and making sure that everything will go smoothly. But the news that China's National Lottery could soon grow 7-fold was enough to send shares blasting up 4.5% on Wednesday."

On of the the things the newsletter likes best about Kantone is that "while we wait for the on line business to kick in---its other businesses keep the cash register ringing. In particular, Kantone supplies secure wireless communications to government offices, hospitals, police, an fire stations all around the world."

The newsletter goes on to state: Give Kantone another 2 years to get their on-line lottery business into full swing. The profits from all the commissions should be enough to double or triple your money.

I don not own this stock yet, but will start following it.
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