Shanghai, China - June 25, 2007 - (M2 PRESSWIRE) - Dragon Capital Group Corp (Pink Sheets: DRGV), a leading holding company of emerging technology companies in China, today announced today announced that the Market Advisors June 2007 research report Dragon Capital Group Corp. (with an intermediate-term price target of $0.14 per share.
The report is being made available on the Dragon website http://www.dragoncapital.us/investors.htm in response to numerous inquiries for additional information regarding the company from both current and prospective shareholders.
The report states:
"We are initiating coverage of Dragon Capital Group (Pink Sheets: DRGV) with an outperform rating and an intermediate-term price objective of $0.14. Dragon Capital Group is a diversified company with its main focus on evolving high-tech companies located in China. The Company offers support in the critical functions of general business consulting, formation of joint ventures, access to capital, merger & acquisition, business valuation, and revenue growth strategies. Their present strategy is on the development of wireless 3G-based applications and business solutions. Two companies that Dragon has acquired are among the leading providers of mobile Internet applications and business solutions in China. Our belief is that the company will continue to increase market share in an expanding market. Dragon has spearheaded what we believe is a unique business model focused on innovative technological applications, which are poised to alter the competitive landscape of the industry. This strategy has succeeded in the market segments in which the company competes. The current market capitalization does not recognize the breadth and depth of its programs and revenues. We attribute this to its recent announcement of its un-audited consolidated revenues of $42.29 million for the 12 months of 2006.
Dragon Capital operates in the rapidly growing technology, telecommunications and maintenance service areas, and the demand for these products and services in China is growing at a breakneck pace. Dragon has assembled a solid management team with strong competencies in software development, mobile Internet solutions, manufacturing, engineering solutions, wireless services, information technology. Both Chinese and US business cultures lead Dragon Capital Group. We believe management will continue to pursue growth opportunities, both internally and by acquisition, utilizing its strong financial condition and its ability to generate internal cash flow."
The full report is available for download at www.dragoncapital.us/investors.htm and additional information can be found at www.pinksheets.com.
About Market Advisors, Inc.
Market Advisors, Inc. was founded in 1985 and since that time has enjoyed numerous ratings success by independent market raters. Headed by Jeff Helleberg and Doug Wetzel, Market Advisors provides research and independent analysis on individual stocks as well as a mutual fund management service which is based upon their top-rated timing advice, and previously was a member of the Winners Circle(TM), an elite group of market analysts providing daily market comments and advice. Market Advisors, Inc. has also been ranked the #1 market timing service for the period (1985-1990) according to the Hulbert Financial Digest. Throughout our history the firm also served as an advisor to brokerage firms and investment bankers.
Jeff Helleberg has 23 years' experience in the financial services industry. Jeff is a graduate of the University of Nebraska - Lincoln with a B.S. degree in Business Administration. He was a registered investment adviser from 1983 to 1999. Jeff was co-editor of the Marketarian Letter, a nationally syndicated stock market newsletter, which had been consistently ranked as one of the top-performing investment newsletters in the nation. Prestigious publications such as the Hulbert Financial Digest, Barron's, The Wall Street Journal, Timer Digest and U.S. News & World Report are among those that have recognized The Marketarian Letter for its outstanding performance for more than 10 years. Jeff was the sole contributor and chief editor for The Marketarian Letter from 1989 thru 1995. Jeff has provided timely investment advice while helping investors achieve their stock and bond market investment goals. Since 1999, he has been involved in writing fact sheets and research reports for small-cap stocks and specializes in companies that have a market cap below $100 million and that trade below $5 per share. These types of companies are usually under-followed and fairly new to the investment scene.
The information and opinions in this analyst report were prepared by Market Advisors, Inc. (located in Nebraska) which does receive fees for services including preparation of this report. For this report, officers of Market Advisors, Inc. received $3,000 from Dragon Capital Group. This is not an offer to buy or sell securities nor should this report be construed as investment advice. Information or statements are subject to numerous risks and uncertainties that may cause such statements not to prove accurate. Market Advisors, Inc. does not disseminate, nor is it liable for the dissemination by any third party of this analyst report.
About Dragon Capital Group Corp.
Dragon Capital Group Corp (OTC: DRGV) is doing business in China through its subsidiaries. Dragon was established to serve as a conduit between Chinese high-growth companies and Western investors. DRGV functions as an incubator of high-tech companies in China, offering support in the critical functions of general business consulting, formation of joint ventures, access to capital, merger & acquisition, business valuation, and revenue growth strategies. DRGV has developed a portfolio of high-tech companies operating in China. 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 word 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.
Content Disclaimer
The materials contained in the Market Advisors report are offered for informational purposes only and may contain inaccuracies and errors. Dragon Capital Group, Inc. (the "Company") does not warrant the accuracy or completeness of the materials or the reliability of any advice, opinion, statement or other information in the Market Advisors report or on its website. Any reliance on any such opinion, advice, statement, memorandum, or information shall be at your sole risk. Readers should not assume that the information contained on the Company's website or in the Market Advisors Report has been updated or otherwise contains current information. The Company may not review past postings to determine whether they remain accurate, and information contained in such postings may have been superseded. The Company may make changes to its website at any time without notice.
Contact:
Dragon Capital Group
Telephone: 1-877-China-57
Email: info@dragoncapital.us