Dagny
08-25-2009, 03:15 PM
8) This has news today!! Looks like agood entry to me, Anyone have any thoughts?
China Crescent Enterprises, Inc. and NuMobile, Inc. to Launch Smartphone Service for China Market in Conjunction With MobiCom 2009 in Beijing
Tuesday 08/25/2009 11:38 AM ET - Market Wire
Related Companies
SymbolLast%ChgENAB (https://research.scottrade.com/research/common/symbolRedirect.asp?symbol=US;CCTR)0.057-2.56%NUBL (https://research.scottrade.com/research/common/symbolRedirect.asp?symbol=US;NUBL)0.01612.68%As of 1:57 PM ET 8/25/09
China Crescent Enterprises, Inc. (OTCBB: CCTR (https://research.scottrade.com/research/common/symbolRedirect.asp?symbol=CCTR)) together with NuMobile, Inc. (OTCBB: NUBL (https://research.scottrade.com/research/common/symbolRedirect.asp?symbol=NUBL)) today announced launching a smartphone and mobile computing offering in China in conjunction with MobiCom 2009. China Crescent has over $40 million in annual revenue from selling technology services in China, and NuMobile has a proprietary software product offering for the smartphone and mobile computing market. China Crescent is NuMobile's exclusive partner in China helping NuMobile to expand its geographic footprint. NuMobile has already announced a contract with the National Guard as a result of early sales efforts in North America. The Chinese mobile market opportunity is substantially larger than the North American opportunity.
MobiCom 2009, being held September 20-25 in Beijing, is an annual conference dedicated to addressing challenges in the areas of mobile computing and wireless and mobile networking. The premiere event of its kind, MobiCom is sponsored by IBM Research, Microsoft Research, Samsung and Hewlett-Packard. More information on MobiCom is available at http://www.sigmobile.org/mobicom/2009/.
200% Net Income Increase to $1.1 Million
China Crescent reported $17 million in revenue and an over 200% net income increase to $1.1 million through the first six months of 2009. The Company has forecasted profitable revenue growth in 2009 compared to 2008. The first six months results beat management expectations. The Company's financial performance is ahead of the pace anticipated by management as necessary to meet year end revenue and net income growth objectives. The Company reported over $40 million in profitable revenue in 2008.
China Crescent Enterprises, Inc. and NuMobile, Inc. to Launch Smartphone Service for China Market in Conjunction With MobiCom 2009 in Beijing
Tuesday 08/25/2009 11:38 AM ET - Market Wire
Related Companies
SymbolLast%ChgENAB (https://research.scottrade.com/research/common/symbolRedirect.asp?symbol=US;CCTR)0.057-2.56%NUBL (https://research.scottrade.com/research/common/symbolRedirect.asp?symbol=US;NUBL)0.01612.68%As of 1:57 PM ET 8/25/09
China Crescent Enterprises, Inc. (OTCBB: CCTR (https://research.scottrade.com/research/common/symbolRedirect.asp?symbol=CCTR)) together with NuMobile, Inc. (OTCBB: NUBL (https://research.scottrade.com/research/common/symbolRedirect.asp?symbol=NUBL)) today announced launching a smartphone and mobile computing offering in China in conjunction with MobiCom 2009. China Crescent has over $40 million in annual revenue from selling technology services in China, and NuMobile has a proprietary software product offering for the smartphone and mobile computing market. China Crescent is NuMobile's exclusive partner in China helping NuMobile to expand its geographic footprint. NuMobile has already announced a contract with the National Guard as a result of early sales efforts in North America. The Chinese mobile market opportunity is substantially larger than the North American opportunity.
MobiCom 2009, being held September 20-25 in Beijing, is an annual conference dedicated to addressing challenges in the areas of mobile computing and wireless and mobile networking. The premiere event of its kind, MobiCom is sponsored by IBM Research, Microsoft Research, Samsung and Hewlett-Packard. More information on MobiCom is available at http://www.sigmobile.org/mobicom/2009/.
200% Net Income Increase to $1.1 Million
China Crescent reported $17 million in revenue and an over 200% net income increase to $1.1 million through the first six months of 2009. The Company has forecasted profitable revenue growth in 2009 compared to 2008. The first six months results beat management expectations. The Company's financial performance is ahead of the pace anticipated by management as necessary to meet year end revenue and net income growth objectives. The Company reported over $40 million in profitable revenue in 2008.