SI
SI
discoversearch

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.
Strategies & Market Trends : Mafia Stock Mobsta's Social Club (Bulls Board) -- Ignore unavailable to you. Want to Upgrade?


To: lindalib who wrote (5789)6/6/2007 4:18:20 PM
From: Tadsamillionaire  Respond to of 6687
 
CNCN is taking off as one of the Premiere S Korean companies.
CinTel to Present at INVESTKentucky Conference
Will be part of the Fast Track Company lineup

CinTel Corp. (CinTel) (OTCBB: CNCN) announced today that it will be presenting at the INVESTKentucky Professional Investment Conference on June 7th. The Company’s representatives will be scheduled to meet with investors and industry analysts throughout the day.

CinTel Agrees to Acquire Bluecomm Co., Ltd in Korea
Enters the CRM Sector With Customers Like Pizza Hut Korea
CinTel Corp. (CinTel) (OTCBB: CNCN) announced that it has signed a stock purchase agreement to acquire one hundred percent (100%) ownership and equity interests of Bluecomm Co., Ltd. (Bluecomm) for an aggregate purchase price of approximately $6.5 million. Bluecomm is a CRM (Customer Relationship Management) and DBM (Database Marketing) solution provider in Korea.

CinTel Invests $38 Million in Convertible Bonds to STS Semiconductor and Telecommunication Co, Ltd.
Continues Expansion Into Semiconductor Manufacturing Arena
CinTel Corp (CinTel) (OTCBB: CNCN) announced that it has entered into an agreement to subscribe an aggregate of $38 million (37 Billion Korean Won) in convertible bonds (CB), convertible to the common stock of STS Semiconductor and Telecommunication Co, Ltd (STS) at Korean Won 8010 per share (Initial Conversion Price). Management believes that CinTel has secured very favorable conversion rates and will review the options upon maturity of the CBs and then act upon the option. The closing price of STS common stock, as quoted on the Korean Exchange, closed on Monday, April 23, 2007 at Korean Won 7,600 per share.