re: tastarga tibbs "Now who really cares if Richard promises a 'happy ending'!LOL"
Does anyone care what anyone promises..
too much anyway?? should they ??
I would be lucky to recognize Richard Li if I bumped into Him... Never Met Him ... But have seen a picture or two..
promises... An investor should be more concerned about delivery..
half the hotstocks on HC came with plenty of promises
and Bluechips as well... But it is the delivery and the results that should matter and give the performance
Anyone buying SSI last few years should have done very well... Last 12 mths exceptional
Why because of promises ??
hmm No because of delivery..
News Corp... never held them never shorted a stock
( unless you count options )
last 12mths 1000 into SSI has turned into 16000
( check that for Me )
Who should care
whoever wants to
those that held it and those that missed out
But No one has to care at all..
If you are interested
announcement out this morning
best wishes
Tibbs
All ords is only cap weighted
that looks done to Me
S&P200 and 300 have liquidity rules
as to the 300 would seem to be getting their
higher prices would I think make it a near certainty
How big is China ??
If SSI does get into S&P300 why not wonder about the S&P200 ??
And GCN maybe it can get into all ords for a start as well ??
good fortune
those that now more about these things Might share
their knowledge
Views opinions and understandings of this moment..
motorway
promises alone will get you no where
But who would base a investing strategy on that..
NOT ME....... Iwould be up to My gills in a lot of flops
this sound good or bad ???
And GCN ????
19 December 2005
Australian Stock Exchange
Company Announcements Platform
Dear Sir/Madam
Re: China Entertainment Holdings’ gaming and entertainment nationwide
expansion in China
The directors of Sino Strategic International Ltd (“SSI”) are pleased to advise that SSI
has made substantial progress in its business plan for nationwide expansion of the
Company’s welfare gaming and entertainment business in the People’s Republic of
China (“PRC”).
China Entertainment Holdings Ltd (“CEH”), a wholly owned subsidiary of SSI, has
entered into a sponsoring agreement (“Agreement”) with Endless Idea Management Ltd
(“Endless Idea”) to finance the establishment of and on-going productions of the
cooperative joint venture (“JV”) between Endless Idea and Shanghai VSAT Network
Systems Co. Ltd (“Shanghai VSAT”) in return for revenue share with Endless Idea. The
formation of the JV is subject to the approval by appropriate authorities in Beijing based
on their assessment of the professional and financial qualification of Endless Idea.
This JV will lead to the establishment of the first specialized gaming content production
house (“Production House”) in the PRC. The Production House will be a national
gaming content provider for traditional and digital channels in the PRC. These channels
are expected to have a combined audience reach of over five hundred million people.
The Agreement provides CEH with a number of national access platforms to the Chinese
market on a timely basis, on top of the traditional Points of Sale being developed. These
national platforms include IPTV, satellite TV, digital pay TV, free to air TV, mobile TV
and, Digital Multimedia Broadcasting (“DMB”). It is expected that the Production House
will establish strategic alliances with a number of major channel partners in operating
each of these platforms.
Endless Idea is a Hong Kong entertainment marketing company and content provider for
various broadcast media, (including content for TV, stage and video production). Mr.
Philip Chan, managing director and founder of Endless Idea, is the former CEO of Metro
Broadcast Limited, a major commercial radio broadcaster in Hong Kong. He was also the
General Manager of Capital Artist Limited, an artist and event management company,
and founding director of the Hong Kong listed entertainment company, Star East Group.
Shanghai VSAT is the official gaming information service provider and out-sourced
data centre of Shanghai Welfare Lottery Issuing Centre. Shanghai VSAT has secured
for the Production House the first channel partner, Chinavnet, an Internet portal
owned by China Telecom. Shanghai VSAT will act as the exclusive gaming service
provider to Chinavnet through the development of a dedicated gaming program “Sky
Long Cai” and an Internet gaming portal, www.skylc.com. The program will be
produced by the Production House and delivered to Chinavnet subscribers via China
Telecom’s Internet network. It is expected that, over time, www.skylc.com will be
highly popular amongst the PRC’s 100 million plus Internet users while GoConnect
Ltd’s GoTrek IPTV technology would also contribute to the development of a high
quality narrowband IPTV market in China. Users of Chinavnet will soon be able to
watch gaming content as well as purchase lotto games initially, and eventually also
Keno games, via the www.skylc.com site. Shanghai China Telecom, a branch of
China Telecom and a shareholder of Shanghai VSAT, will begin to sell and distribute
prepaid betting cards, under a joint brand name between China Telecom and Sky Long
Cai, via its Shanghai retail network in early 2006. Customers in cities other than
Shanghai will also be able to use China Telecom prepaid phone cards distributed in
these cities to subscribe to online betting services on www.skylc.com. Keno and
lottery prizes can be collected from any of China Telecom’s retail stores throughout
China. CEH, via Endless Idea, will be entitled to a share of the agency revenue
derived from the sale of Keno and lotto games from www.skylc.com.
The Board of SSI is pleased that CEH has made such significant progress. As
additional major content channel partners are secured for the Production House,
CEH’s nationwide expansion strategy for its gaming and entertainment business will
be further consolidated. Further announcements will be made when additional partners
are secured.
Yours sincerely
Richard Li
Managing Director
Sino Strategic International Ltd
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