Success Holding Group International Inc. Announces 2015 Plans to Invest In and Produce 30 Internet Short Films & 2 Movies
TAIPEI, TAIWAN--(Marketwired - Oct 21, 2014) - CNA News: At the September 11th, 2014 board of directors meeting, General Manager Brian Kistler reported SHGT's (
Asia's (China-Hong Kong-Taiwan) movie/Internet movie market has become the world's second largest (United States and China). SHGT is finishing its first 2 Internet movies and will complete 5 in 2014.
Based on the current Internet movie market in Asia, SHGT estimates potential profits of $1 million per movie, with pretax earnings of approximately $20,000,000 to $30,000,000 over the next 12 months, or $0.5~$0.7 per share.
Future Business Operations
SHGT is seeking/identifying private-public companies in Asia as merger and acquisition candidates. Mr. Chen's vision is to list SHGT on the Frankfurt and NASDAQ stock exchanges, giving SHGT leverage to acquire more valuable companies in Asia. SHGT will focus on integration of chain stores, brand names, IoT (Internet of Things), alternative energy technology, internet, and logistics. Mr. Chen stated, "Through the newly structured public company, we will be able to pursue more aggressively to acquire quality companies in Asia. We plan to invest-in/acquire up to 30 companies within the next ten to fifteen years, and our shareholders should be able to reap the benefit of the higher growth potential in the Asia region."
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