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FREE Daily Stock Alerts From DrStockPick.com
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DrStockPick.com Watch List!
My Picks for Wednesday Feb.24, 2010 are:
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CFQCF, China Fundamental Acquisition Corp., (CFQCF.OB, CFQWF.OB, CFQUF.OB)
CFQCF is a special purpose acquisition company formed for the purpose of acquiring, through a merger, share exchange, asset acquisition, reorganization or other similar business combination, or contractual arrangements, an operating business, or control of such operating business, that has its principal operations located in the People’s Republic of China, including Hong Kong and Macau.
* CFQCF completed the acquisition of Beijing Wowjoint Machinery Co., Ltd. and its associated companies.
You should consider that the transaction provides CFQCF’s investors participation in a fast-growing company which benefits directly from the rapid development of China’s transportation infrastructure.
Just check this out:
CFQCF’s Wowjoint is a growing force in the construction machinery industry in China, specializing in the design, engineering, manufacturing and service of customized heavy duty lifting and carrying equipment used in large-scale infrastructure projects such as railway, highways, bridges, viaducts, subways and ports. The company’s main products include launching gantries, tyre trolleys, special carriers and marine hoists, with Wowjoint holding a leading market position in China in each of its major product lines.
CFQCF’s Wowjoint strong in-house design capabilities are evidenced by the award of six critical patents and protected statuses on three proprietary products, including its integrated launching gantry. Its integrated launching gantry combines the functions of a special carrier and launching gantry into one, and is designed for mountainous regions and tunnels, with the capability of reducing construction costs and construction time.
CFQCF’s Wowjoint strong design capabilities enable it to satisfy the constantly changing needs of its customers, which include some of the largest construction conglomerates in China including China Railway Construction Corporation Limited (CRCC), China Railway Group Limited (CRG) and China Communication Company Limited. CFQCF’s Wowjoint established relationships with these customers not only provide access to key infrastructure construction projects, but also valuable insights into government policies regarding the transportation infrastructure industry.
Do you like the numbers?
CFQCF’s Wowjoint had consolidated revenues for the year ending Aug. 31, 2009, of US $44.6 million, a 23.2 percent increase from 2008; net income for the same period was US$9.7 million, a 148.4 percent increase from 2008. CFQCF’s Wowjoint projects consolidated revenues of US $50-US $55 million for the year.
As you’ve just read, with this acquisition, CFQCF’s revenue stream could be dramatically impacted in a positive way.
Keep a close eye on CFQCF from now!!
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CRWE, Crown Equity Holdings, Inc., CRWE.OB
CRWE has established itself as a top tier consulting firm which continues to provide and assist small business owners with the knowledge required in taking their company public.
However, CRWE has re-focused its primary vision to that of an online media advertising/awareness publisher, focused on serving the needs of the clients, as well as being dedicated to the distribution of quality branding information. The reason CRWE changed direction was to fill the void they felt was prevalent in the multi billion dollar online media advertising/awareness industry.
CRWE feels they are in position to take advantage of a huge market opportunity being presented to them in the growing online media advertising/awareness industry.
Just think about the hundreds of public companies which are fighting in the darkness trying to find the light of exposure!!
Furthermore:
- CRWE entered into Letters of Intent to enter into business combinations with DJ Toys Enterprise Corporation and Yana Venture Philanthropy Group, both of which are Taiwan corporations.
The acquisition of DJ Toys and Yana will result in CRWE’s shareholders having stakes in additional profitable, operating companies. The companies are now beginning due diligence reviews and negotiating the terms of definitive, material agreements. Once the reviews are completed and terms agreed to, the parties will work to execute an agreement. The agreements are not expected to close until the first quarter of 2010.
And when/if that happens, plus CRWE Opening the Door to Enter the Multi Million Dollar Online Media Advertising/Awareness Market, CRWE’s trading levels could change in no time.
More about CRWE at www.crownequityholdings.com
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Dr. Stock Pick is a seasoned equity trader and financial investor. He’s on the Crown Equity Holdings, Inc (CRWE.OB) financial staff as a professional investment analyst and consultant. He’s syndicated on over 1000 websites www.crwenews.com, www.stock-ir.com, www.PennyOmega.com, www.PennyToBuck.com, giving daily, up to the minute information about stocks, options, currencies and more. www.drstockpick.com
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