CHINA
DIGITAL MEDIA
Undervalued Special Situation |
|
Symbol: |
(CDGT) |
| 52 Week
Range |
0.20 - 12.00 |
| Shares
Float: |
25,000,000 |
| Current
Price: |
$4.20 |
| 12
Mo.Target Price |
$15.00 |
| Last 5
days gain |
$1.86 |
|
Breaking News Alerts!
PR Newswire (Wed 8:00am)
China Digital Media Corporation Announces a Strategic Alliance with
Guangdong Pukonyi Culture Development Limited
PR Newswire (Thu,
Jun 9)
China Digital Media Corporation Announces its Engagement of Yan XianQi,
Former Director-General of Guangdong Provincial SARFT Bureau,
as Lead Consultant to Advise On Core Corporate Strategies
CORPORATE PROFILE
:
China Digital Media Corporation, a Nevada corporation, is a
listed company in Nasdaq OTCBB with trading symbol as CDGT. The
Company has acquired 100% capital stock of Arcotect Digital
Technology Limited (Arcotect), a corporation in Hong Kong SAR of the
People Republic of China, in Apr 1st, 2005.
Arcotect owns Arcotect Technology (Guangzhou) Limited, a Wholly
Owned Foreign Enterprise (WOFE) organized and existed in the laws of
People’s Republic of China. The subsidiary operates a Cable TV
business in Nanhai, a county level city in the province of Guangdong
and is employing around 200 employees in areas of management, sales,
marketing, technology, customer service and finance. Arcotect has
changed its name to China Digimedia Holdings Limited.
CDGT is formally known as Hairmax International Inc. with hair
salon and home cleaning business in U.S. The company entered into a
Plan of Exchange dated December 28th of 2004 with the shareholder of
Arcotect. When completed, the majority shareholders of Arcotect
becomes majority shareholders of CDGT and Arcotect becomes a wholly
owned subsidiary of the company. The company changed its corporate
name to China Digital Media Corporation on Mar 31st, 2005 to reflect
the shift of corporate focus. The company discontinued its salon and
cleaning business in U.S. and will concentrate on the development of
its business in the media industry in China.
The company is principally engaged in the business of investment in
the Cable TV and Broadcasting Media Industry and its related
business in Peoples Republic of China. Our principal business can be
classified into three areas as shown in the following model:
CDGT
is an exciting special situation with enormous
potential. OBDP represents the latest
technology in Cable TV and Broadcasting Media, and with an
undervalued stock price of $4.20
We feel that our target price of $15.00 is very
attainable and realistic! Within two to three
years,
CDGT
could easily be trading triple that.
|