Published:
Dragon Capital Group Retains Alan Stone & Company, LLC as Investor Relations Counsel in New York City for Communication With the Investment Community
Dragon Capital Group
Corp. (OTC: DRGV), formerly Dragon Venture, a leading holding company of
emerging high-tech companies in China, announced today that it has selected
and retained Alan Stone & Company, LLC ("ASC") to provide a full range of
investor relations, road show, and media services to the Company. ASC will
commence and maintain an investor relations and road-show campaign aimed at
enhancing Dragon's liquidity, establishing visibility and enhancing
shareholder value. ASC will communicate Dragon's business strategy,
acquisition developments, financing plans and rapid growth potential to
investors.
As part of its effort, ASC will introduce the Company to leading members of
the brokerage and investment community in New York City arranging a series
of one-on-one meetings on January 10th-13th. Through its affiliate
WallStreet Research (www.WallStreetResearch.org), ASC also plans to publish
and distribute corporate profile coverage on Dragon. ASC will also be
arranging a series of breakfast, lunch and dinner presentation meetings
with the Company representatives.
Lawrence Wang, Chairman & CEO of Dragon, commented, "We are delighted to
commence working with Alan Stone & Company, LLC (www.AlanStone.com). With
offices in New York City, Los Angeles, and Palm Beach, FL, and with a very
strong team of senior level associates, ASC is well positioned to assist us
in communicating our exciting story to the investment community. The firm
has an impressive track record of enhancing shareholder value and
attracting investment capital for its publicly traded small-cap clients and
is very well respected on Wall Street. It also has valuable experience in
working with several successful, rapidly growing Chinese clients listed on
U.S. Capital Markets."
Mr. Wang concluded, "We are determined to increase value for our
shareholders. Management believes our common stock is substantially
undervalued compared to its peers. Management plans to increase its
shareholder value by launching two initiatives. First, management has
approved initiatives to communicate with the investment community,
including road show, television, radio, print, and online media. Second,
management decides to become a reporting company in 2006. Company will
announce its quarterly financing information starting in the first quarter
of 2006 ending March 31."
Alan Stone, Managing Director of ASC stated, "We are very pleased about
commencing work with Dragon and confident in the management's ability to
execute its growth plans, as evidenced by the recently completed
acquisition of Shanghai Zhaoli Technology Development Company, Limited,
which together with previous three successful telecom acquisitions in 2005
have resulted in establishing a core group of emerging high tech companies
and position Dragon for dynamic growth in 2006 and beyond."
Mr. Stone concluded, "China's economy continues to grow quite rapidly,
aided by significant population growth, increasing income levels and global
exports. The listing of successful rapidly growing China based companies in
the U.S. Capital Markets is an increasingly popular trend, affording access
to significant capital market opportunities, enhanced shareholder values
and liquidity. We believe that our program will assist the Company in
obtaining greater liquidity on the market, broadening its shareholder base,
realizing greater visibility among investors of emerging growth companies
and enhancing shareholder value. We look forward to beginning this campaign
with the Dragon management team."
About Dragon Capital Group Corp.
Dragon Capital Group Corp (OTC: DRGV), formerly Dragon Venture, is doing
business in China through its subsidiaries. Dragon was established to serve
as a conduit between Chinese high-growth companies and Western investors.
As China emerges as a growing force on the global stage, DRGV's
professionals will provide invaluable services for Western investors
seeking to gain access to the Chinese high-tech economy. In addition, DRGV
functions as an acquirer of high-tech companies in China, offering support
in the critical functions of general business consulting, formation of
joint ventures, access of capital, merger & acquisition, business
valuation, and revenue growth strategies. DRGV has developed a portfolio of
high-tech companies operating in China. The Company's focus is on
innovative technological applications, which are poised to alter the
competitive landscape of the industry. For more information about DRGV,
please visit http://www.dragoncapital.us.
Safe Harbor Statement
Certain statements set forth in this press release constitute
"forward-looking statements." Forward-looking statements include, without
limitation, any statement that may predict, forecast, indicate, or imply
future results, performance or achievements, and may contain the words
"estimate," "project," "intend," "forecast," "anticipate," "plan,"
"planning," "expect," "believe," "will likely," "should," "could," "would,"
"may" or words or expressions of similar meaning. Such statements are not
guarantees of future performance and are subject to risks and uncertainties
that could cause the company's actual results and financial position to
differ materially from those included within the forward-looking
statements. Forward-looking statements involve risks and uncertainties,
including those relating to the Company's ability to grow its business.
Actual results may differ materially from the results predicted and
reported results should not be considered as an indication of future
performance. The potential risks and uncertainties include, among others,
the Company's limited operating history, the limited financial resources,
domestic or global economic conditions -- especially those relating to
China, activities of competitors and the presence of new or additional
competition, and changes in Federal or State laws, restrictions and
regulations on doing business in a foreign country, in particular China,
and conditions of equity markets.
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