SmallCapReview Initiates Coverage of China 3C Group
(PRLEAP.COM) CHCG is the parent company of two well known and established electronic product distributors currently doing business in Eastern China.
The company was privately held until December 2005, when it completed a reverse merger to create the current China 3C Group. Since China 3C went public in this manner, the company is essentially unknown to Wall Street.
Although Chinese companies in general have been in demand among American investors, the investment community is essentially unaware of the Company’s history, current business, growth potential or that it is profitable and funding itself through positive cash flow.
The Company reported revenues for ‘05 of $32.6 million, up 32% over revenues of $24.7 million for full year 2004. Income from operations for ‘05 were $2.6 million.
To learn more about China 3C Group please see the profile at http://www.smallcapreview.com/chcg.htm or visit the company’s website at http://www.china3cgroup.com.
About SmallCapReview
SmallCapReview.com is a Free Newsletter sent to subscribers, highlighting select small-cap stocks, to register visit http://www.smallcapreview.com/subscribe.htm. Features available at SmallCapReview.com include in-depth profiles of select Small-Cap/Penny Stocks as well as the most comprehensive and up to date news available on the small-cap market. To feature your company, call Thomas Englebert at (336) 838-5005 or email editor@smallcapreview.com
.
Forward Looking Statements
This report contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including the recent economic slow down affecting technology companies, the companies ability to successfully develop products, rapid technological change in markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. The Annual Report on Form 10-KSB, recent and forthcoming Quarterly Reports on Form 10-QSB, recent Current Reports on Forms 8-K and 8-K/A, and other SEC filings discuss some of the important risk factors that may affect business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason except as required by law.
SmallCapReview.com is not a registered investment advisor or broker/dealer. No investor should assume that reliance on the views, opinions or recommendations contained herein will produce profitable results. Nothing within our site should be construed as an offer or solicitation to buy or sell products or securities. The companies we profile may lack an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. SmallCapReview.com may hold positions in securities mentioned herein, and may make purchases or sales in such securities featured on our website or within our reports. In order to be in full compliance with the Securities Act of 1933, Section 17(b), SmallCapReview.com will disclose, what, if any compensation was received for our efforts in researching, presenting and disseminating this information to our subscriber database and featuring the report on our website. SmallCapReview.com has been compensated nine thousand by China 3C Group for its efforts in presenting the China 3C Group profile on its website and distributing it to its database of subscribers, this creates an inherent conflict of interest and readers are encouraged to view the full disclaimer at http://www.smallcapreview.com/chcg.htm.
The company was privately held until December 2005, when it completed a reverse merger to create the current China 3C Group. Since China 3C went public in this manner, the company is essentially unknown to Wall Street.
Although Chinese companies in general have been in demand among American investors, the investment community is essentially unaware of the Company’s history, current business, growth potential or that it is profitable and funding itself through positive cash flow.
The Company reported revenues for ‘05 of $32.6 million, up 32% over revenues of $24.7 million for full year 2004. Income from operations for ‘05 were $2.6 million.
To learn more about China 3C Group please see the profile at http://www.smallcapreview.com/chcg.htm or visit the company’s website at http://www.china3cgroup.com.
About SmallCapReview
SmallCapReview.com is a Free Newsletter sent to subscribers, highlighting select small-cap stocks, to register visit http://www.smallcapreview.com/subscribe.htm. Features available at SmallCapReview.com include in-depth profiles of select Small-Cap/Penny Stocks as well as the most comprehensive and up to date news available on the small-cap market. To feature your company, call Thomas Englebert at (336) 838-5005 or email editor@smallcapreview.com
.
Forward Looking Statements
This report contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including the recent economic slow down affecting technology companies, the companies ability to successfully develop products, rapid technological change in markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. The Annual Report on Form 10-KSB, recent and forthcoming Quarterly Reports on Form 10-QSB, recent Current Reports on Forms 8-K and 8-K/A, and other SEC filings discuss some of the important risk factors that may affect business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason except as required by law.
SmallCapReview.com is not a registered investment advisor or broker/dealer. No investor should assume that reliance on the views, opinions or recommendations contained herein will produce profitable results. Nothing within our site should be construed as an offer or solicitation to buy or sell products or securities. The companies we profile may lack an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. SmallCapReview.com may hold positions in securities mentioned herein, and may make purchases or sales in such securities featured on our website or within our reports. In order to be in full compliance with the Securities Act of 1933, Section 17(b), SmallCapReview.com will disclose, what, if any compensation was received for our efforts in researching, presenting and disseminating this information to our subscriber database and featuring the report on our website. SmallCapReview.com has been compensated nine thousand by China 3C Group for its efforts in presenting the China 3C Group profile on its website and distributing it to its database of subscribers, this creates an inherent conflict of interest and readers are encouraged to view the full disclaimer at http://www.smallcapreview.com/chcg.htm.
About This Release
If you have any questions regarding information in these press releases please contact the organization listed in the press release. Issuers of press releases and not PR Leap are solely responsible for the accuracy of the content.
Contact Information
Thomas Englebert
SmallCapReview
Email SmallCapReview
336-838-5005