Wall Street Profit Alert
Would you pay $0.12 per share for a
company with valuation at $1.00 per share?
A $3,000 investment could be worth
$30,000 in a short period of time.
Just read more about this amazing
investment opportunity and how a small investment could mean huge gains for
YOU!
Company: DRAGON VENTURE, OTCPS: DRGV |
There is no doubt that China stocks, which are new to U.S. stock markets, are destined to blast off. It happens time and time and time again. Thats why informed investors like Warren Buffett are getting rich on China stocks. The market is enormous and now its your turn. The upside potential for DRGV is HUGE. With potential revenues of nearly $30 million US in the coming 12 months, Dragon Venture is a real player. Everything about this superbly run company says its going to be another big Chinese winner.
HERE IS WHY WE ARE PLACING A
TARGET PRICE OF $1.00 PER SHARE (Investment Opinion)
China has the potential to be the largest telecommunications market in the world, said Matthew J. Flanigan, U.S. Telecommunications Industry president.
DRGV wont be selling at $0.12 a share for long. Within days, the buzz about this company will spread on the Street. The stock is ready to move up for a breakout to $.50 to $1 per share. DRGV is a MUST BUY for any micro-cap investors. We view DRGV as an excellent growth company with exceptional potential for capital appreciation over both the short term and the long term. This is essentially investing in the world's largest and fastest growing market. Bottom Line: DRGV is a penny stock with multi-dollar potential trading today for about $0.12/share. We are targeting the stock to trade in the range of $1 a share. Chances like this are few and far between and the buzz on the street is that DRGV is a BUY! Who knows when youll have another chance to turn such a huge profit again? Smart investors strike when the irons hot and with DRGV, its SIZZLING!
| Wall Street profit alert specializes in investment research in China. We are not registered investment advisor or broker/dealer. Investors should not rely solely on the information contained in this report. Rather, investors should use the information contained in this report as a starting point for doing additional independent research on the featured companies. Factual statements in this report are made as of the date stated and are subject to change without notice. Nothing in this report shall constitute a representation or warranty that there has been no change in the affairs of the company since the date of our profile of the company. Wall Street profit alert and/or its officers, directors, or affiliates have received compensation of $25,000, from a third party for the dissemination of information on the companies which are the subject of profiles and/or may have, from time to time, a position in the securities with the intent to sell the securities mentioned herein. |
Dragon Venture Launches Brand New Mobile Internet Application Based on 3-G Technology for Real Estate Listings and Transactions
Tuesday May 17, 8:31 am ET
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--May 17, 2005--Dragon Venture (Pink Sheets: DRGV - News ), a holding company of high-tech companies in China, reports that Shanghai Cnnest Technology Development Company, Limited (Cnnest), a subsidiary of DRGV, recently has launched their commercial 3G real estate applications, the Cnnest Model based on 3G mobile technology.
Cnnest is one of the leading companies in the field of mobile Internet solutions and applications in China. It is the only company that provides real estate services on a mobile Internet platform. Cnnest's website is ( http://www.cnnest.com ). It has already established a database for 10 of the largest cities in China, including Shanghai, Beijing, Guangzhou, for the implementation of its real estate service solutions.
The Cnnest Model provides cutting edge technology for companies involved in the buying and selling of real estate. Its key technology is "Mobile Real Estate" based on 3G technology. Cnnest combines Internet, mobile Internet, newspapers and call centers that combined together form a multimedia platform of real estate services. Based on this platform, the seller, landlord, buyer and tenant can publish or seek related information through the computer, wireless phones, telephone, newspaper, and sub-stations. The call centers communicate the customer's requests to the nearest real estate broker. By providing these services, both Cnnest and various entities in real estate industry will generate revenues that the company believes will be very significant in the coming years.
"Mobile Real Estate" is a consumer end program that was designed by Cnnest to be compatible with China Mobile (NYSE: CHL) and China Unicom (NYSE: CHU), the top two wireless companies in China. Wireless subscribers can download this software through their service providers. After the connection with www.cnnest.com , customers can find any related information about real estate listing in these ten cities. For example, if you want to rent or buy real estate, you only need three choices in regards to the area, price and location by using your own cellular phone. The results would include not only the written description, but also the detail pictures of the properties for sale or lease as well as the surrounding environment. The system enables you to send your detailed requirements through cell phones so that sellers and landlords can contact you directly. As far as the landlord is concerned, they can publish their listings and specific information on the companies website, as well as specialized newspapers through "Mobile Real Estate, greatly enhancing their ability to successfully complete their sale or lease offerings in a shorter of time, than what is currently available.
Hidy Cheng, Vice President of Dragon Venture and General Manager of Cnnest, commented, The Cnnest Model is the third generation trade model in the industry of real estate. We believe our model provides a complete solution for anybody who has a cell phone or can access the Internet. As the widespread use of cell phones in China continues to grow, we believe our Mobile model will become a standard for the industry. In Shanghai, China alone, the transactional volume of real estate sales and rentals exceeded over $14.65 billion and 27.28 billion in 2003 and 2004, respectively. Our fees are only 30% of traditional brokerage fees. As the market for real estate in Shanghai, and throughout the country continues to boom as projected, we believe that with only a small percentage of market penetration that the company will be able to generate tens of million of dollars in income.
About Dragon Venture
Dragon Venture (Dragon) is doing business in China through its subsidiaries. Dragon was established to serves as a conduit between Chinese high-growth companies and Western investors. The current focus of Dragon is on the development of wireless 3G-based applications and business solutions. Two companies that Dragon has acquired are among of the leading providers of mobile Internet applications and business solutions in China. As China emerges as a growing force on the global stage, Dragon's professionals will provide invaluable services for Western investors seeking to gain access to the Chinese high-tech economy. In addition, Dragon functions as an incubator of high-tech companies in China, offering support in the critical functions of general business consulting, formation of joint ventures, access of capital, merger & acquisition, business valuation, and revenue growth strategies. Dragon will develop a portfolio of high-tech companies operating in China. Our focus will be on innovative technological applications, which are poised to alter the competitive landscape of the industry. In addition, the company acquires and invests in innovative technology companies in China or forms joint ventures with both American and Chinese companies, focusing on emerging technology industries including Telecommunication, Information Technology, Wireless applications, and other high-tech industries. For more information about Dragon Venture, please visit http://www.dragonventure.net
Safe Harbor Statement
Certain statements set forth in this press release constitute "forward-looking statements". Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, and conditions of equity markets.
Contact:
Pacific Rim Partners
Steven Silbert
Tel: 954-724-2944
Fax: 954-724-7364
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