(CCTR) China Crescent Return on Investment Potential to Be Presented in Webcast Monday, May 10th
06 Maggio 2010 - 3:40PM
Marketwired
China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced a
Webcast scheduled for Monday, May 10th, to present an overview of
the anticipated return on investment potential that could be
realized from an investment in China Crescent stock. China Crescent
is an innovative technology services company pursuing the high
growth emerging market expansion opportunity in China, having
already achieved $45 million in profitable annual revenue. Such
emerging market business strategies within rapidly expanding
industries can produce attractive returns for investors. However,
early stage investing in emerging markets, particularly in
over-the-counter listed companies, is significantly different than
investing in big businesses in developed markets listed on national
exchanges such as the NYSE Euronext. The Monday presentation is
intended to provide interested investors insight into China
Crescent's anticipated performance over the next 18 months and how
that performance might be translated into an attractive return as a
result of an investment in China Crescent stock.
The presentation on Monday will be conducted by The Small Equity
Initiative (SEI). SEI is a not-for-profit organization established
by the founders of NewMarket Technology, Inc. and China Crescent to
coordinate education, advocacy and activism to improve the capital
markets for both small business entrepreneurs and investors. The
presentation will also include more detail from SEI on investing
strategies specific to small, start-up and early stage businesses
listed on the over-the-counter markets. A link to the Webcast will
be published at www.smallequity.com upon release on Monday and
emailed to the SEI opt-in database. To sign up to receive SEI
updates, go to www.smallequity.com to register.
The following is a brief overview of the SEI perspective on
small business investing:
Small business investing is significantly different than big
business investing, but the industry experts, analysts, investment
and commercial bankers put a big business assessment template on
the small business sector. That big business template distorts the
fact that the small business sector is the biggest contributor to
global employment and gross domestic product and that somewhere
within that employment and gross domestic contribution is probably
a good, if not great, return on investment opportunity.
Most small businesses do not sustain operations beyond three
years. Keep in mind however, that the small business sector
accounts for the majority of global employment and the majority of
the global gross domestic product. What does that tell you? It
tells you that entrepreneurs don't just start one business in their
lifetime, but multiple businesses. As one small business reaches
the end of its lifecycle, the founding entrepreneur starts a new
business and probably hires many of the same employees working as
his last business. To realize a return on a small business
investment, the investment horizon should likely be less than the
three year statistical life expectancy of most small businesses.
While most small businesses will not sustain beyond three years,
many will at least realize some profitable milestone achievements
within their three year lifecycle that have the potential to
deliver a return to the investors that funded the start-up or one
of the initiatives that led to a milestone achievement following
the start-up.
Founder to Review Evolving Business Plan
China Crescent plans to release a Webcast Friday, May 7th conducted
by Founder Philip Verges to review the Company's evolving business
plan, to include a preview of the Company's anticipated next
acquisition. Earlier this year, China Crescent embarked on a major
next step in the Company's ongoing development to build to a goal
of achieving $100 million in profitable annual revenue for fiscal
year 2010. As part of that plan, Dr. James Jiang was made the
Company's new Chief Executive Officer. The plan was initiated last
year when China Crescent introduced its new Outsourcing Services
business line which contributed to the Company achieving a record
$45 million in annual revenue for 2009 with over $2 million in net
income. A link to the Friday Webcast will be posted to the
Company's website, www.chinacrescent.com, upon release.
Sign Up to Receive Regular China Crescent
Investor Updates
China Crescent sends regular email updates to its opt-in,
permission-based email database. Interested investors can easily,
safely and quickly register to receive these communications
directly on the corporate website homepage (www.chinacrescent.com).
Recipients can manage their own email contact profile and safely
unsubscribe at any time.
About The Small Equity Initiative
(www.smallequity.com) Small Equity Initiative is a not-for-profit
organization dedicated to improving the opportunity for
self-directed retail investors to profit from over-the-counter
investments and for entrepreneurs to gain better access to capital
for their business plans. The Small Equity Initiative (SEI) plans
to build a community for small business investors and entrepreneurs
aimed at improving the collective understanding of how the
over-the-counter market really works today and how it can be
improved in the future. SEI is based in the U.S. but serves the
global small business community.
About China Crescent Enterprises, Inc.
(www.chinacrescent.com)
China Crescent is a systems integration service provider that
markets technology outsourcing services in China including the sale
and service of brand name technologies such as Microsoft, Oracle,
Cisco, IBM, HP and Dell. Following a strategic acquisition last
year, the Company expanded its business line to include original
design manufacturing (ODM). China Crescent reported $45 million in
profitable revenue in 2009 after reporting over $40 million in
revenue for both 2007 and 2008 and has set a goal of reaching $100
million in revenue in 2010.
Headquartered in Dallas with operations in Shanghai, Shenzhen,
Dalian and Beijing, China Crescent bridges the gap between global
business cultures to assist clients worldwide realize the
advantages of the high quality, low cost technology products and
services available from China. China Crescent also assists 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.
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Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com
214-722-3060
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