China Media 1 Corp (GREY:CMDA)

China Media1 Corp. is a media ownership company with its core business in Greater China. The Company owns and operates specialty media assets throughout Southern China, which include physical advertising space and the advertising contracts with national and multi-national corporations. The Company has developed its business through the acquisition of contracts from Chuangrun Media Limited of Hong Kong and Guangzhou Chuangrun Advertising Company Limited located in the Peoples Republic of China (collectively, Chuangrun). On September 8, 2006, it acquired an eight-year advertising contract at the Chengdu International Airport for the installation and operation of 32 signs of different sizes (the Chengdu Airport Contract). On September 8, 2006, the Company acquired an eight-year advertising contract at the Xian Xianyang International Airport for the installation and operation of 12 signs (the Xian Airport Contract). These contracts were acquired from Guangzhou Titan Media Company Ltd. (press) (Last 10K was filed for the fiscal year ended December 31, 2005)

Last updated March 27, 2008