StockGuru Blog: ChinaMedia Group (CHMD) – Obtaining an Interest in Digital Television in China
ChinaMedia Group StockGuru Profile CHMD.OB CHINA MEDIA GROUP CORPORATION 8-K Link Here. I think CHMD has taken an incredibly smart approach in their advertising campaign in China. They are acquiring assets which they will continue to hold long after their contract with the Chinese government expires in 2015. China Media Group’s agreement with the shareholders of Conwood Industrial Limited to acquire 70% shares means that CHMD is acquiring an interest which owns 49% of Conwood Industrial. This will give them a substantial interest in a company that owns and operates a microwave network in Hunan province and has a 25%…