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. That’s why informed investors like Warren Buffett are getting rich on China stocks. The market is enormous and now it’s 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 it’s going to be another big Chinese winner.
Warren Buffett
Said U.S. Stocks Are Too Expensive… So He Poured A Chunk Of His Money Into China. Everyone knows what happens when Mr. Buffett gets into a market, it usually explodes!
HERE IS WHY WE ARE PLACING A TARGET PRICE OF $1.00 PER SHARE (Investment Opinion) |
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“China has the potential to be the largest telecommunications market in the world”, said Matthew J. Flanigan, U.S. Telecommunications Industry president.
DRGV won't be selling at $0.055 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 $0.055/share. We are targeting the stock to trade in the range of $1 a share. Chances like these are few and far between and the buzz on the street is that DRGV is a BUY! Who knows when you'll have another chance to turn such a huge profit again? Smart investors strike when the iron's hot and with DRGV, it's SIZZLING
Dragon Venture Signs Partnership Agreement with Shanghai Runyuan Logistics Company, Ltd. to Form a Joint Venture
Monday July 18, 7:46 am ET
FT. LAUDERDALE, Fla., July 18, 2005 (PRIMEZONE) -- Dragon Venture (Other OTC: DRGV.PK - News ), a holding company of high-tech companies in China, announced today that Shanghai Cnnest Technology Development Company, Limited (``Cnnest'', http://www.cnnest.com ), a subsidiary of DRGV, recently signed a partnership agreement with Shanghai Runyuan Logistics Company, Limited (``Runyuan'') to form a joint venture.
Under the agreement, Cnnest and Runyuan will establish a joint venture with Shanghai Xintong Technology Company, Limited. This joint venture is dedicated to developing mobile Internet solutions for logistics for the trucking industry in China. As a leading company in the field of mobile Internet solutions and applications in China, Cnnest will be responsible for developing mobile Internet applications for logistics involving the trucking and freight industries, and seek to have the applications available through both China Mobile and China Unicom. In return, Cnnest will have 25 percent ownership of the new joint venture. Runyuan will provide all the funding for this joint venture including cost associated with the development and refinement of the applications, and in turn will have 75 percent ownership of the joint venture.
Hidy Cheng, Vice President of Dragon Venture and General Manager of Cnnest, commented, ``We are very excited about this joint venture, because we believe the potential of this solution in the marketplace could be tremendous. Shanghai Runyuan is a leading company in the logistics industry in China. They have successful business operations, and an excellent reputation in China. The partnerships will provide us a great opportunity to turn our research and development into a commercial application for the logistics industry. The applications will provide the logistics industry a very efficient system in which information for transportation can be accessed through a cellular phone, anywhere. Our revenues will be generated from an annual fee of the use of the system for each account and usage fee of the system. We believe this partnership will generate substantial income for the company.''
About Dragon Venture
Dragon Venture (``Dragon'') is doing business in China through its subsidiaries. Dragon was established to serve 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 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 and 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.