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Subject: Stream Communications (SCNWF), DRVW and CHID News - April13, 2005



 

  SmallCapReview News  
  April 13, 2005  
 

The following companies have released news. 

Stream Acquires Internet Network in Southern Poland...(SCNWF)

DirectView Secures $1,000,000 in Debt Financing to Assist the Company with Its 2005 Expansion Plans...(DRVW)

China Digital Communication Group Projects Triple-Digit Increase in Sales for First Quarter 2005...(CHID) 


Stream Communications...(SCNWF)

Press Release: Stream Acquires Internet Network in Southern Poland

Announced it has acquired an Internet network in Southern Poland with 2,100 subscribers. The network is located in proximity to the Company's existing operations, which will allow Stream to reduce overhead and operating costs.

The additional revenues from this acquisition bring Stream's overall annualized revenues to $4.5 million for 2005. This acquisition along with the addition of two networks in the fourth quarter 2004 already puts the Company on pace for a 24% increase from 2004 revenues.

To view the Full Press Release please visit http://biz.yahoo.com/prnews/050412/latu019.html?.v=6

For the Full Profile on SCNWF please visit http://www.smallcapreview.com/scnwf.htm


DirectView...(DRVW)

Press Release: DirectView Secures $1,000,000 in Debt Financing to Assist the Company with Its 2005 Expansion Plans

Company announced that they have entered into a definitive agreement with Highgate House, a private equity fund, to sell $1,000,000.00 of the Company's 7% Secured Convertible Debentures due April 1, 2006. The Debentures are convertible into DirectView common stock at a fixed floor price of no less than $.024 per share. 

Commenting on the transaction, Jeffrey Robbins, President of DirectView, stated, "During the third quarter of 2004, the Company opened the Texas office and expanded its full time sales force with additional industry savvy staff; increasing number of full time sales personnel sets the stage for the Company to rapidly grow its pipeline of orders for 2005. We also entered into the final phase of testing and development of our Video IP Telephone, which we expect to launch shortly. This cash infusion goes a long way in helping us finance our plans for 2005 and beyond." Adam S. Gottbetter, New York based Portfolio Manager of Highgate House, said, "We are pleased to provide the capital to help DirectView further its business plan."

To view the Full Press Release please visit http://biz.yahoo.com/bw/050412/126071.html?.v=1

For the Full Profile on DRVW please visit http://www.smallcapreview.com/drvw.htm


China Digital...(CHID)

Press Release: China Digital Communication Group Projects Triple-Digit Increase in Sales for First Quarter 2005

For the first quarter of 2005, ended March 31, the Company projects revenue of approximately $2.71 million, up 250% from unaudited pro forma revenue of $774,000 in the first quarter of 2004. Net income in the first quarter of 2005 is expected to be approximately $630,000, or $0.01 per fully diluted share, up from unaudited pro forma loss of ($518,000), or ($0.09) per fully diluted share, in the year-earlier quarter.

To view the Full Press Release please visit http://biz.yahoo.com/bw/050412/125369.html?.v=1

For the Full Profile on CHID please visit http://www.smallcapreview.com/chid.htm


 

Disclaimer  

SmallCapReview.com feature stock reports are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. For continuing coverage of DRVW, SCNWF and CHID please sign up for our free newsletter, SmallCapReview.com News. Information contained in this report was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. For more information see our disclaimer section, a link of which can be found on our web site. This document contains forward-looking statements, particularly as related to the business plans of the Company, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Actual results may differ materially from the Company's expectations and estimates. The information provided in this report is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country.

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We encourage our readers to invest carefully and read the investor information available at the web sites of the Securities and Exchange Commission (SEC) at: http://www.sec.gov and/or the National Association of Securities Dealers (NASD) at: http://www.nasd.com . Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site.


 
 








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