|These areas are closely linked to the core competencies of the company and they intend to leverage on the brands that they have built to further drive the growth potential.|
CXIN holds the key to success in the Peoples Republic of China. In May of 2001 they acquired the 12 year exclusive right from the China Economic Information Network, a corporation under the direct management of the State Information Center and the State Planning Development Commission, Chinas highest economic decision body.
May 2001, CXIN acquires the 12 year Exclusive license to distribute all information in English, French and Spanish, Internationally.
February 2002, CXIN announced its first distribution contract with a leading market research provider.
March 2002, CXIN announces it had signed with yet another distributor for its unique financial , economic and business information on the Peoples Republic of China.
May 7, 2002, CXIN announces a distribution agreement with Internet Securities, a Euromarket company and the leading provider of emerging market securities.
May 9, 2002, CXIN announces it had hired one of Asias top media consulting firms, Telesis, and its President, Mr. Cyril Pereira, the former Director of Operation of the South China Morning Post and Asia Magazine.
June 12, 2002, CXIN launched its China Business portal and began selling subscriptions.
June 24, 2002, CXIN announces the acquisition of Smart Investor Magazine and related business. This magazine will bring over $1.2 Million in consolidated revenues.
July 15, 2002, CXIN announces the license agreement with Lexis-Nexis, one of the worlds largest aggregators.
According to the reports from Morgan-Stanley, which analyzes the worlds superpowers in 11 industries, it only takes 8 years to build a media empire, which means the return on investment in this industry will be far greater than that of pharmaceutical, household merchandise, energy, or even banking. We believe that CXIN Media is well positioned to become the next superpower of the media market in the fast growing Chinese market. The superior management and its exclusive agreement granted by the Chinese government provide the company with an "unfair advantage" over its potential competitors. We believe that the recent license agreements signed with some of the largest information providers in the world as well as the Smart Investor Magazines and related business will enable the company to meet its revenue and profit expectation of $50 Million within the next 5 years and dependent on market condition for refinancing, we foresee that CXIN Media could easily double their expected revenue and profits through strategic acquisitions. The current price of the shares do not reflect the value of this growth company, in comparison to the sector CXIN Media should be currently trading between $0.25 to $0.50 and above this value when we take into consideration the growth factors.