Get in Now!! AAGH

ASIA GLBL HLDGS

WKN: A0J4BX

ISIN: US04518D1081

Symbol: G6W  

 

Wenn kaufen dann in Den USa hier ist kauf Volumen da!  CHart sieht toll aus MACD + Stochastic kaufsignal und irgenjemand kauft sich gerade ein Volumen outbreat. Die Aktie dürfte heute in den USA auf sehr vielen Scannern auftauchen... Als Breakout Aktie :D[/img

 

Idea Asia Limited and Global Media & Entertainment Group Enter Acquisition Agreement      * On Thursday April 23, 2009, 2:37 pm EDT      *       Buzz up!     * Print  LOS ANGELES, April 23 /PRNewswire-FirstCall/ -- Asia Global Holdings Corporation (OTC Bulletin Board: AAGH - News) subsidiary Idea Asia Limited (Idea Asia) and Global Media & Entertainment Group (GMEG) have entered into an agreement whereby GMEG agrees to acquire Idea Asia from AAGH subsidiary Sino Trade Intelligent Development Corp (Sino Trade) in return for 7.5% of GMEG's common stock and other considerations. The deal is pending exchange of consideration on or before May 15. AAGH Management believes this transaction provides the company and its shareholders the opportunity to benefit from the company's investment in TV entertainment and the future potential value of Idea Asia while easing the company's expense burden related to overhead, production, marketing and distribution.  "This is an exciting time in China, the acquisition will present us with the opportunity to continue to penetrate the largest population in the world with more the 1.3 billion people and over 350 million urban consumers. Our prospects for growth are abundant and the industry partners we have made today will facilitate our expansion in China," said Vincent James DeFilippo, Chief Executive Officer for Global Media and Entertainment Group.  "Idea Asia has put down a very solid foundation in China as a provider of top quality content. We're excited to have GMEG help grow Idea Asia further by providing the resources needed to take the company to the next level," said John Leper, Chief Executive Officer for AAGH.  IDEA ASIA Limited based in Hong Kong and Shanghai, acquires, creates, funds, and produces internationally & locally created content for distribution throughout various media channels in China. The company provides value-added services to marketers, advertisers, and media outlets by bringing state-of-the-art internationally acclaimed TV and entertainment content and branded content formatted to be delivered throughout China.  Global Media and Entertainment Group is a global distributor of award-winning high quality content and video productions, through exclusive licensing agreements and rights, to distribution channels such as television, cable, satellite systems, Internet, mobile devices, and outdoor digital advertising billboards. GMEG plans to build a library of acquired and exclusive content or formats such as game shows, dramas, animations, movies, documentaries, films, concerts and special programming. This media will be distributed throughout the world in various formats.  About Asia Global Holdings Corporation  Asia Global Holdings Corporation (OTC Bulletin Board: AAGH - News) has a strong focus on building business in China and other emerging regions and markets in Asia and Worldwide. The company's present subsidiaries participate in media & advertising, marketing services and TV entertainment. The Company has offices in the US, Hong Kong and China.  Asia Global Holdings Corporation Website: www.asiaglobalholdings.com  Forward-looking statements in this document are not historical fact as 'forward-looking statements' as that term is defined in the Private Securities Litigation Reform of 1995. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are based on trends we anticipate in our industry and our good faith estimate on the effect on these trends of such factors as industry capacity, product demand, and product pricing. These statements are also subject to risks and uncertainties beyond our reasonable control that could cause actual business and results of operations, to differ materially from those reflected in our forward-looking statements. You may find all other information about Asia Global Holdings Corporation on the Securities Exchange Commission website, http://www.sec.gov.

 

SEC Accuses Matthew Brown from ADVFN's Investor Hub of Penny Stock Manipulation

By Perry H. Rod, Published: May 25th, 2009 1:22 PM PDT

Forget about illegal naked short selling and other hedge fund profiteering schemes that may have brought down the world economy.  The United States Securities and Exchange Commission has more important matters occupying its attention.

In a complaint filed in Delaware by the SEC, InvestorsHub.com founder and operator Matthew Brown and seven others were accused of a pump-and-dump scheme in 2006 involving GH3 International, Inc. and Asia Global, in two separate incidents.  Brown is accused of being a "liaison" between the accused in the GH3 incident, where the participants "used wash sales, matched orders, and other manipulative trading, timed to coincide with false, misleading and touting press releases by the company, to inflate the price of GH3 stock."  The group is suspected to have made off with $747,609 from the GH3 trades.

In a separate incident, Brown orchestrated a pump-and-dump scheme with broker-dealers in California who "met through InvestorsHub.com, pumped the price of Asia Global stock using wash sales, matched orders and other manipulative trading, coordinated with false, misleading, and touting press releases by the company."

The complaint alleges that "the illicit proceeds from this scheme totaled at least $4,050,529."

InvestorsHub.Com, Inc. is a wholly-owned subsidiary of ADVFN, which trades on the London Stock Exchange as AFN. InvestorsHub.Com operates both Investors Hub and Silicon Investor, according to its website.  ADVFN, according to its annual report, receives over 10 million dollars in revenues per year.  Matthew Brown is not on the parent company's board of directors or a part of their executive management.  He is listed as the Lead Site Administrator for Investors Hub and has posted 24,285 messages on the board, according to the website.