China YouTV Corporation
Undervalued Special Situation
52 Week Range
0.20 - 2.85
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Marketwire (Tue, Aug 21)
China YouTV's JV Partner Signed
Agreement for a Chinese Provincial Portal's DV Shorts Channel
Marketwire (Fri, Aug 17)
China YouTV's CnBoo Web Site Ranks No.1 on Google.com
Marketwire (Tue, Aug 14)
China YouTV Corp.: Strong Growth Trend in Internet Video in
Marketwire (Wed, Aug 8)
China YouTV's CnBoo Web Site Ranks No.1 on Microsoft Live Search
: About China YouTV Corporation:
The Company signed a Definitive Agreement with HuaJu to set up a
Joint Venture in China on March 16, 2007. According to the
Agreement, the China YouTV Corp. owns 51% of the joint venture
company and will provide the required working capital for the
Joint Venture. HuaJu will be in charge of the daily operation of
the Joint Venture. HuaJu has agreed to conduct its video sharing
business only through the Joint Venture, and has agreed to
contribute its web site, www.CnBoo.com and customer contracts to
the Joint Venture.
www.CnBoo.com ("CnBoo"), is the online video site belonging to
the Joint Venture established by China YouTV Corp. and HuaJu. It
is a video viewing site and social networking site that allows
users to create their own profiles, post videos, and comment on
each other's posts. The CnBoo web site is similar to YouTube (www.YouTube.com),
the No. 1 online video site in operation. Within less than 2
years, CnBoo already has over 1.2 million members and over 2
million pieces of original digital video (DV) shorts.
To increase membership and CnBoo's brand name awareness, HuaJu
has worked both on-line and off-line.
On-line: HuaJu has signed several agreements to enhance its
on-line contents, such as an agreement for CCTV's TV program
"Exploring High and Low", an agreement with ManGoCity, a travel
company, an agreement with Megadia to host Humor channel on
CnBoo web site, and the recently signed agreement with Music
Nation and VVSky to add more music on its web site.
Off-line: HuaJu has signed several agreements to promote its 3G
space cards, such as the agreement with Gome Electrical
Appliances Holding Ltd., the largest chain store operator of
electrical appliances in China to distribute its 3G digital
space cards to Gome customers; an agreement with HURRAY, a
NASDAQ listed company, for the launch of 3G experience terminals
in Gome's stores; an agreement with ManGoCity, and a promotion
agreement with Z-Card. HuaJu also got exclusive right from AIDS
Prevention Education Project for Chinese Youth to negotiate with
investors to install LED displays in the colleges and
universities across China. All LEDs will have HuaJu and CnBoo's
logo on it.
The Company has shown increasing popularity as its CnBoo web
sites had been ranked No.1 on Microsoft Live, No.7 on BaiDu,
No.11 on Yahoo China and No.12 on Google China when searching
for keywords: on-line video and on-line video sharing web sites.
The Company has changed its name to China YouTV this year to
reflect its new business operations: the fast growing video
sharing web site market in China
An incredible press release is expected out of the company very soon. This
will be backed up by a PR blitz and I'm sure you can guess what will happen to
the price of this issue!