As many investors are aware, ACEI has been in the news lately with their upcoming entrance into the modernization of China's technical infrastructure, through their proposed 80% aquisition of Beijing Wisdom Net Technology Co., LTD. (B.A. Network).
Many analyst are saying that fiber optics is the next boom in technology, and that despite the Nasdaq declines of late, that fiber is the tech to invest in. China and Europe continue to display huge growth potential, and ACEI entering not only fibre optics market, but, fibre optics market in China, makes it a high priority target for momentum in the very near term. Our own research indicates that ACEI will release a fairly steady stream of press releases in coming weeks that will reveal even more potential in their China marketing efforts.
SAN JOSE, Calif., May 18 /PRNewswire/ -- American Champion Entertainment (Nasdaq: ACEI - news) announced today that they have received the completed Independent Auditors' Report and Financial Statements of B.A. Network for the year ended December 31, 1999, from the Beijing Branch of the firm Deloitte Touche Tohmatsu Shanghai CPA. With the audited financials in hand, ACE is now ready to move forward in the acquisition process to acquire 80% of Beijing Wisdom Net Technology Co., LTD. (B.A. Network).
B.A. Network is a leading high speed cable wiring company, that provides design and installs optical fiber cable lines in buildings throughout China and is focused on continuing to build their business to business client base. China's population and its projected 100 million cable subscribers by the end of the year 2001, offer great growth opportunities for those companies in a position to capitalize on it.
SAN JOSE, Calif., May 17 /PRNewswire/ -- American Champion Entertainment's (Nasdaq: ACEI - news) public television show ``Adventures with Kanga Roddy'' has been nominated for two regional Emmy awards by the National Academy of Television Arts and Sciences' Northern California Chapter (NATAS). The series, now in its third season, was nominated for Directing and Set Design. This marks the second year in a row ``Adventures with Kanga Roddy'' has been nominated; the show has already won an Emmy for best directing in 1999. This year's Emmy ceremonies will be held May 20th in San Francisco.
Wednesday April 5, 7:12 pm Eastern Time Company Press Release ACEI Joins SHOWTIME CHAMPIONSHIP BOXING and China Central Television in Televising April 22 Tripleheader.
Apr 4, 2000 American Champion Entertainment Brings First-Ever Televised Boxing Event to China's 1 Billion-Plus Audience - Business Wire - 7:16 am
Apr 3, 2000 ACEI Signs Starz Encore Group to Premiere Joe Montana Champion Kids Award Show For National Telecast - PR Newswire - 7:30 am
Mar 28, 2000 ACEI Signs Acquisition Contract for Chinese Network Technology Company - PR Newswire - 7:31 am
ACEI and Golden Books Successfully Launch Online Easter Promotion Featuring Children's Favorite Peter Cottontail - PR Newswire - 7:31 am Mar 16, 2000
ACEI and Evander Holyfield Join Forces to Promote China Event - PR Newswire - 7:30 am
Market Capitalization $8.76M
Shares Outstanding 6.37M