Good Overall View of KYOM from another Board--
Undiscovered Chinese ISP and Lottery. New symbol soon to be COLC, I believe. This
more accurately reflects their interesting new Internet Lottery in conjunction with their well
established 18 months ISP service in China.
**********
THE BASICS:
Shares O/S: 8.5 Million
Float: 500K
Remaining 8.0M held tightly
Company started trading about 3 months ago; drifted down on little significant news, but
important news is expected soon on WEB partnership for lottery; as well as intentions to
file their 10-SB with the SEC shortly.
Their CEO is an ex-International fund manager with exceptional Asian contacts. I just
spoke with their IR folks at Quantus Marketing... the insiders involved have a history of
taking long term positions (see below for contact names to do your own DD)
PROFITABILITY:
According to Orville at World Vision Financial the company is apparently PROFITABLE
as an ISP in China and has been operating there for about 18 months (financials coming
soon will verify this).
But wait...there's more another side to this....the first Chinese Internet Lottery, which the
Chinese government highly approves of (read below)
Stock High: $2.00
Stock Low: 50 cents
Currently about 75 cents
FROM A 2 PAGE FAX I RECEIVED FROM NEW PR FIRM YESTERDAY:
This company has entered the Internet field as an ISP and E-Business Company in Asia,
with a strong foothold in China. Because of alliances, it is currently concentrating on
Sichuan Province with it's 100 Million people. Then onto Beijing Shanghai, and
Guwangzhou.
China is being targeted first because the internet growth is expected to grow to between
5-9 Billion by next year.
INTERESTING FACT #1: Currently there are only 4 ISP's in this area of 100 Million
people, and word from Orville at World Vision Financial is the Government has halted the
issuance of more ISP's for now.
INTERESTING FACT #2: KYOM (with symbol soon to be changed to COLC), was
granted the very first foreign private sector Internet license in Sichuan Province.
Here's the really interesting part, however....
The INTERNET LOTTERY SYSTEM:
The Chinese Government has sanctioned lotteries to help support national sports programs
and social programs. While in it's infancy, this is easily the fastest growing gaming segment
in China, with 6 month lottery sales exceeding USD 1.33 Billon.
MOST INTERESTING FACT #3: KYOM is currently in negotiations to enter this market
in China via thousands of Kiosks located around the major provincial city of 8 million.
Some Kiosks are apparently already in place in major shopping and banking areas. Bets
are quickly placed online via these kiosks for those who do not have access to a computer.
Much more news of Cathay's lottery venture in China and other parts of Asia is do soon.
Please as always do your own DD, as this is an exciting breakthrough opportunity perhaps,
but also speculative.
** FOR MORE INFORMATION: **
New PR Firm: World Vision Financial (Orville)
(888) 345-6060
Quantum Marketing (David Bremner or Les Weinstein)
(800) 261-6796 |