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 |
$23.00 |
Last
7 days gain: |
$1.86 |
|
Breaking News Alerts!
PR Newswire (Wednesday June 22, 8:00)
China Digital Media Corporation Announces Investment
in the Production Of Television Drama
EDGAR Online (Mon,
Jun 20)
CHINA DIGITAL MEDIA CORP Files SEC form 8-K, Entry into Material
Agreement
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.
CDGT 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 $23.00 is very attainable and realistic! Within two to three years,
CDGT could easily be trading
triple that.
|