RedChip Research Issues Research Update on China Bilingual
December 15 2011 - 8:10AM
RedChip Research™, a division of RedChip Companies, Inc., today
announced it has issued a research update on China Bilingual
Technology & Education Group, Inc. (OTCBB:CBLY) an education
company that owns and operates high-quality, K-12 private boarding
schools in the People's Republic of China.
To receive a complimentary copy of the RedChip Research Report
for CBLY, please visit:
http://www.redchip.com/about/aboutmain.asp?rid=391
To learn more about China Bilingual Technology & Education
Group, Inc. visit
http://www.redchip.com/visibility/investor.asp?symbol=CBLY
About RedChip Companies, Inc.
RedChip Companies is an international, small-cap research and
financial public relations firm headquartered in Orlando, Florida;
with affiliate offices in Beijing, China; Paris, France; and Seoul,
Korea. RedChip delivers concrete, measurable results for its
clients through its extensive national and international network of
small-cap institutional and retail investors. RedChip has developed
the most comprehensive platform of products and services for
small-cap companies, including: RedChip Research™, Traditional
Investor Relations, Digital Investor Relations, Institutional and
Retail Conferences, RedChip Small-Cap TV™, Shareholder
Intelligence, Social Media and Blogging Services, Webcasts, and
RedChip Radio™. To learn more about RedChip's products and
services please visit:
http://www.redchip.com/visibility/productsandservices.asp.
"Discovering Tomorrow's Blue Chips Today"™
The RedChip Companies, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=2761
Disclosure
None of the reports issued by RedChip Companies, Inc.,
constitutes a recommendation for any investor to purchase or sell
any particular security nor do they constitute investment advice.
RedChip certifies that no part of the analysts' compensation was,
is, or will be, directly or indirectly, related to the specific
recommendation or views expressed by the analyst in the report. Any
investor should determine whether a particular security is suitable
based on the investor's objectives, other securities holdings,
financial situation needs, and tax status. RedChip Companies, Inc.,
employees and affiliates may have positions and affect transactions
in the securities or options of the issuers mentioned herein. All
materials are subject to change without notice. Information is
obtained from sources believed to be reliable, but its accuracy and
completeness are not guaranteed. China Bilingual Technology &
Education Group Inc. ("CBLY") is a client of RedChip Companies,
Inc. and of RedChip Visibility, a division of RedChip Companies.
RedChip Visibility Program services included the preparation of the
equity research report(s). The equity research report(s) were
prepared for informational purposes only and were paid for by the
company portrayed in the report. Information contained in the
equity research report(s) is obtained from sources believed to be
reliable, but its accuracy and completeness are not guaranteed. The
equity research report(s) are not a recommendation of a
solicitation to purchase or sell any security, nor do they
constitute investment advice. RedChip Companies, Inc., is currently
engaged by this company to provide investor awareness services.
Investor awareness services and programs are designed to help
small-cap companies communicate their investment characteristics.
CBLY agreed to pay RedChip Companies, Inc., a fee of $5,000 in cash
per month for RedChip Visibility Program and investor relations
services, to be increased to $7,500 in cash per month thereafter
when the company's stock price reaches or exceeds $3.00 for three
consecutive trading days, $10,000 in cash per month thereafter when
the company's stock price reaches or exceeds $4.00 for three
consecutive trading days and the average one month day closing
price maintains $3.00, and 50,000 shares of restricted common stock
when the company becomes listed on the NYSE Amex or the Nasdaq
Capital Market. The initial term of the agreement is six (6) month,
subject to earlier termination by CBLY if the market price of
CBLY's common stock does not reach $2.00 per share within the first
month. Previously, CBLY paid RedChip Visibility, a division of
RedChip Companies, Inc., $30,000 for twelve (12) months of RedChip
Visibility Program services. CBLY also previously agreed to pay
RedChip Companies, Inc., a fee of $20,000 in cash per month for the
first six (6) months of investor relations services, and
thereafter, $10,000 in cash per month for the next six (6) months
of investor relations services. In addition, the company previously
agreed to pay RedChip Companies, Inc., 200,000 shares of restricted
common stock when the company becomes listed on the Nasdaq Capital
Market, and an additional 50,000 shares of restricted common stock
when CBLY's stock price reaches $5.00 for 45 days. RedChip
Companies, Inc. invested in the issuer and owns 500,000 shares of
the issuer's common stock that was registered. These shares may be
sold during the time it represents the company for investor
relations activities. RedChip may sell anywhere from 5,000 shares
to 200,000 shares during any two-month period of its investor
relations activities, depending upon the liquidity of the stock.
RedChip Companies, Inc., employees and affiliates may maintain
positions and buy and sell the securities or options of the issuers
mentioned herein.
CONTACT: RedChip Companies Inc.
1-800-REDCHIP (733-2447)
research@redchip.com
http://www.redchip.com
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