China Crescent Enterprises, Inc. Releases Webcast to Review $0.30 Suggested Fair Value Target PPS and 500% ROI Potential as Resu
13 Maggio 2009 - 3:00PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) has released an
on-demand Webcast on the Company's strategy to gain share price
traction and improve the potential return on investment for
shareholders with a target price per share of $0.30. The Company
reported over $40 million in revenue for 2008 with more than
$600,000 in net income, while the share price resulted in a market
capitalization that amounted to a fraction of the Company's annual
earnings. A number of publicly traded technology service companies
today have share prices that reflect many times earnings, even in
the current economic environment.
Yesterday, the Company's corporate ticker symbol changed from
(OTCBB: CCSE) to "CCTR." The corporate ticker change has been
executed in conjunction with a publicly disclosed plan to reduce
the number of issued and outstanding common shares and to limit the
issue of additional shares in the future.
The Webcast is now available for review on the Company website.
A link to the Webcast titled 'China Crescent CCTR Ticker and PPS
Growth Strategy (May 13, 2009)' is available on the Company website
under Current Events and Communications at:
http://www.newmarkettechnology.com/about-newmarket-china.htm.
For assistance accessing or listening to the Webcast, please
email ir@chinacrescent.com or call 214-722-3065.
Corporate E-mail Updates
To be added to China Crescent's e-mail database to receive
company updates or to obtain more information on the Company,
please send an e-mail to ir@chinacrescent.com or call
214-722-3065.
About China Crescent Enterprises, Inc.
(http://www.chinacrescent.com/)
China Crescent Enterprises, Inc. is a technology leader in the
rapidly developing Chinese market specializing today in software
engineering, high quality software development and digital
multimedia outsourcing services delivered to customers globally. At
the same time, the firm is a systems integrator and value added
reseller of major global hardware brands in the Chinese domestic
market.
Headquartered in Dallas with operations in Shanghai and Beijing,
China Crescent bridges the gap between Western and Eastern business
cultures to assist western clients in realizing the advantages of
the high quality, low cost technology products and services
available from China. China Crescent also assists Western clients
in localizing products and services to realize the tremendous
growth potential available by expanding into the Chinese
Market.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995
This press release contains forward-looking statements that
involve risks and uncertainties. The statements in this release are
forward-looking statements that are made pursuant to safe harbor
provision of the Private Securities Litigation Reform Act of 1995.
Actual results, events and performance could vary materially from
those contemplated by these forward-looking statements. These
statements involve known and unknown risks and uncertainties, which
may cause China Crescent's actual results in future periods to
differ materially from results expressed or implied by
forward-looking statements. These risks and uncertainties include,
among other things, product demand and market competition. You
should independently investigate and fully understand all risks
before making investment decisions.
Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com
214-722-3065
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