I just came across this China play. The best thing about this stock is that the financials of their new business plan(logistics and computer software) isnt even shown yet. They still have the old financials of their old paper buz on their last 10q. If yu listen to the interview, http://www.wsw.com/webcast/dfctf/register.aspx?conf=dfctf&page=index&url=http%3A//www.wsw.com/webcast/dfctf/ youll see that their new rev stream will be around 20-60 mil this year on the low side. 60% of the insiders own DFCTF now compared to only about 20% from the beginning of last year. That means insiders are buying up the float for some reason. This company has recurring revenues from 30 of the biggest companies in China, and at .25 pps, this is such a prize, i cant contain myself. ;0). On their website and the interview Dr Fan mentions that they want to get off otc to go to Amex and or Nasdaq this year! Folks, do yourselves a favor and get in now, cause i think 3.00-5.00 is doable on this stock!
Posts: 17 | Registered: Jan 2005
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Fingers i dont know if you saw the existing thread come on over... Insiders buying up float for a good reason. They have the resources to nail the shorts with a 30 bil backer.... From another board..... a final note about chinacrook by: orchardlark (60/M/SAN FRANCISCO) 01/19/05 08:00 pm Msg: 10783 of 10785
,,,The management is not stupid about naked shorting,,,this crowd has had experience with multiple public companies,,(just look at the dozen or so profit centers they have taken public in china and america,,,,,the only way to combat that situation is to have the resources to tighten the float untill the shorting "party" no longer can take the risk of getting caught naked,,,most small companies do not have these resources,,,( this company has ),,if you look at the downtrend for the last 6 months on a chart with the chaiken money flow indicator,,,,its a massive green,,,when it should be red,(www.stockcharts.com),,,,the game is over for these guys anytime now ,,,
this guy knows his stuff hes been right everytime
[ January 20, 2005, 01:18: Message edited by: Bob Frey ]
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HONG KONG, Jan 20, 2005 /Xinhua-PRNewswire-FirstCall via COMTEX/ -- DF China Technology Inc. (DFCTF), a leading provider of information technology solutions for the logistics and supply chain management industry in China and Hong Kong, announced today an engagement in a pilot test of its MoNet technology developed by its wholly-owned subsidiary DiChain Sky Digital Co. Ltd. ("Sky Digital"). The Company's MoNet application utilizes a proprietary K-Java-based mobile internet browser to create an independent mobile network for exchange of information via mobile phones. The state-of-art wireless communications technology allows mobile phone users to browse the internet and connect with other users to exchange digital content and other information. The Company and Sky Digital are currently applying this technology in a logistics project on a trial basis.
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The Executive Vice President of the Company Dr. Wayne Wang said, "The technology seems to be the very first to market and could be huge in many applications. Particularly in China, there are approximately 30 million people that use the internet and almost 300 million people using mobile phones. In light of this, our MoNet technology holds a promise to bring many applications to mobile phones and transform these devices to sort of internet laptops."
Sky Digital was one of the subsidiaries of China Merchants DiChain Group, and has been acquired by the Company recently. Sky Digital has been developing a K-Java technology middle-ware in mobile phone gaming applications for years. Having acquired Sky Digital, the Company has adopted the MoNet technology and is applying it to logistics operations.
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