Asia Global Hldgs. (WKN: A0J4BX)

HOMEPAGE:
www.asiaglobalholdings.com/default.asp

NEWS:
www.finanznachrichten.de/...en-aktien/asia-global-holdings.asp
finance.yahoo.com/q?s=AAGH.OB
www.asiaglobalholdings.com/news.asp

SEC-FILINGS:
www.sec.gov/cgi-bin/...e=&SIC=&owner=include&action=getcompany

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Info entnommen dem ihub-Forum:

Revenue by Quarter: (The "media & advertising" business is seasonal)


             2006           2007           2008  
1st Q     396,000        828,000      1,524,000  
2nd Q   1,189,000      2,190,000  
3rd Q   2,018,000      3,844,000  
4th Q   1,576,000      3,922,000
Total   5,179,000     10,784,000

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Chart 2006 bis 08.08.2008

wieder viel Aufschwung-Potential besitzen...

14.07.:
www.finanznachrichten.de/...chten-2008-07/artikel-11273676.asp
Asia Global Holdings Corporation Subsidiary Idea Asia Expanding Rapidly in China Adds Four More TV Shows; Close to New Broadcasting Agreements With Major Chinese TV Stations

21.07.:
www.finanznachrichten.de/...chten-2008-07/artikel-11327143.asp
Asia Global Holdings Corporation Announces New TV Entertainment Contract with Zeal Entertainment

28.07.:
www.finanznachrichten.de/...chten-2008-07/artikel-11381722.asp
Asia Global Holdings Corporation Opening Shanghai Office to Meet Sales and Distribution Demand for Its TV Entertainment Business in China

31.07.:
www.finanznachrichten.de/...chten-2008-07/artikel-11415991.asp
Asia Global Holdings Corporation Management Announces Earnings Forecast; Revenue and Profit from Media & Advertising Continues Outstanding Growth

Asia Global Holdings Corp. - Quarterly Report (10-Q)
ih.advfn.com/...b=1218998226&article=27747529&symbol=NB%5EAAGH

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Asia Global Holdings Corp Reports Profitable Second Quarter; 45% Increase in Total Revenues and 228% Profit Increase in Media and Advertising Segment
ih.advfn.com/...b=1218998226&article=27759612&symbol=NB%5EAAGH

LOS ANGELES, Aug. 14 /PRNewswire-FirstCall/ -- Asia Global Holdings Corp (OTC:AAGH) (BULLETIN BOARD: AAGH) announced financial results for the first quarter ended June 30, 2008. In the first six months of 2008 the Company's year-on-year revenues grew 45% to $4,362,285 with net income of $1,767,765. The increase is a result of increased sales from the Company's advertising and media business where it experienced a 228% increase in profits compared to the same period last year.

During the first half of 2008 the Company completely revamped its TV entertainment business strategy expanding its TV show catalogue to include over ten program formats for which its Idea Asia Limited wholly-owned subsidiary has exclusive distribution rights in China. Also during this period the subsidiary opened new negotiations with PRC TV broadcasters for the new shows and expects to gain distribution traction by the end of the year.

About Asia Global Holdings Corporation

Asia Global Holdings Corporation (OTC:AAGH) (BULLETIN BOARD: AAGH) 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, www.sec.gov/.

DATASOURCE: Asia Global Holdings Corp


CONTACT: Investor Relations, +1-213-243-1503,


Web site: www.asiaglobalholdings.com/

Revenue by Quarter: (The "media & advertising" business is seasonal)


            2006           2007           2008  
1st Q     396,000        828,000      1,524,000  
2nd Q   1,189,000      2,190,000    2,838,000  
3rd Q   2,018,000      3,844,000  
4th Q   1,576,000      3,922,000
Total   5,179,000     10,784,000

ih.advfn.com/...b=1218998226&article=27747529&symbol=NB%5EAAGH

www.finanznachrichten.de/...chten-2008-09/artikel-11703125.asp

08.09.2008 15:11
Asia Global Holdings Corporation Management Announces Impressive Performance in July from Media & Advertising Business Segment

LOS ANGELES, Sept. 8 /PRNewswire-FirstCall/ -- Asia Global Holdings Corporation (News) (BULLETIN BOARD: AAGH) has announced that management account for July 2008 shows monthly revenue from its media&advertising business segment at approximately $2.14 million, with a gross profit of approximately $1.19 million. When compared to the results of the same period last year of $0.80 million in revenue and $0.57 million in gross profit, this year's figures represent growth of 166% and 110% respectively. With these results the company's media&advertising segment continues to demonstrate sizable and sustainable growth.

The Company attributes the increase in business volume to manufacturers realizing the effectiveness of using its business-to-business media to promote to overseas buyers.

About Asia Global Holdings Corporation

Asia Global Holdings Corporation (BULLETIN BOARD: AAGH) 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.

warum sich diese Aktien trotz solcher Zahlen und news nicht rührt???

Kann mir das jemand mal erklären?

www.finanznachrichten.de/...chten-2008-09/artikel-11896235.asp

30.09.2008 15:11
Asia Global Holdings Corporation Subsidiary Signs Agreement with SevenOne International for TV Format 'Beat Your Host!'

LOS ANGELES, Sept. 30 /PRNewswire-FirstCall/ -- Asia Global Holdings Corporation (News) (BULLETIN BOARD: AAGH) announces that Idea Asia Limited (Idea Asia), a wholly-owned subsidiary of AAGH, has signed an agreement with SevenOne International for the exclusive distribution rights of TV Format "Beat Your Host!" in China.

SevenOne International offers an extensive portfolio of TV events, TV movies, prime-time series and miniseries. Based in Germany, SevenOne International is the worldwide programming distribution company of the ProSiebenSat.1 Group, one of the biggest and most successful pan-European media companies which owns 26 Free TV Channels and 24 Pay TV Channels in 13 countries.

"Beat Your Host!" is an innovative TV format that brings out an inventive element - the audience vs. the host. During the show, a selected contestant will duel the host (who is often a well-known star) in various areas including skills, sports, knowledge, daring and in some cases sheer luck. If the host wins, the prize money goes into the jackpot. If the contestant wins, he/she will take the cash home. SevenOne has sold "Beat Your Host!" to 13 countries. In Great Britain ITV aired "Beat the Star" between April and June 2008 and achieved an average market share of up to 25 percent among all viewers. The Swedish version was launched in September 2008 and immediately achieved a market share of 39.5 percent.

Jens Richter, MD of SevenOne International, said of Idea Asia, "It is an effective partner which supports us with an outstanding network in placing our premium primetime show, 'Beat Your Host,' with one of the major Chinese TV stations."

About Asia Global Holdings Corporation

Asia Global Holdings Corporation (BULLETIN BOARD: AAGH) 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, www.sec.gov/.

www.finanznachrichten.de/...chten-2008-09/artikel-11896235.asp

Asia Global Holdings Corporation Subsidiary Signs Agreement with SevenOne International for TV Format 'Beat Your Host!'


During the show, a selected contestant will duel the host (who is often a well-known star) in various areas including skills, sports, knowledge, daring and in some cases sheer luck.
If the host wins, the prize money goes into the jackpot. If the contestant wins, he/she will take the cash home.

im moment spinnt der planet... sobald sich das ein wenig legt werden alle nach asien gucken.... und hoffentlich AAGH entdecken... ne echte perle!!

ih.advfn.com/...&cb=1223744048&article=28523938&symbol=NB^AAGH

Asia Global Holdings Corp Subsidiary Idea Asia is Exclusive Member Representative of Sparks Network Catalog for China and Hong Kong

HONG KONG, Oct. 6 /PRNewswire-FirstCall/ -- Asia Global Holdings Corp (OTC:AAGH) (BULLETIN BOARD: AAGH) subsidiary Idea Asia Limited (Idea Asia) is very pleased to announce that it is now the exclusive representative for the Sparks Network catalog of TV formats in China and Hong Kong.

Sparks Network is a global distribution, development and network company which holds one of the world's strongest catalogues of TV formats. The Sparks Network members represent some of the most skilled developers and producers in the world of television. Sparks Network offers the broadcasters of the world a strong catalogue of proven formats from producers with operations in some 50 countries. Through the Sparks Network member in each territory, the world's broadcasters get a respected production partner with a working relationship with the creator of the format. Idea Asia is the exclusive Sparks Network member for China and Hong Kong.

Idea Asia now represents exclusively over 200 TV formats in the PRC and Hong Kong providing broadcasters and advertisers with a one-stop solution to meet their programming and advertising needs in China. The Company has exclusive agreements with many high quality format owners such as 2waytraffic, Sony Pictures Television International, Zeal Entertainment, FremantleMedia, Absolutely Independent, SevenOne International and is now pleased to be the exclusive member representative of Sparks Network for China and Hong Kong.

Having built such a substantial catalog of TV show formats Idea Asia will now be utilizing the majority of its resources for distribution and sales according to a spokesperson for the Company.

Idea Asia website www.ideaasialtd.com/

Idea Asia is a wholly owned subsidiary of Global Holdings Corporation (OTC:AAGH) (BULLETIN BOARD: AAGH) . AAGH 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, www.sec.gov/.

DATASOURCE: Asia Global Holdings Corp

CONTACT: Investor Relations, Asia Global Holdings Corp, +1-213-243-1503,

Web site: www.ideaasialtd.com/

www.asiaglobalholdings.com/

ih.advfn.com/...b=1225390853&article=29039270&symbol=NB%5EAAGH

Seit langer Zeit mal wieder .... Handel im Pre-Market.
Relativ schnell danach auf von 0.035 auf zwischenzeitlich 0.05 im frühen Handel.
Jetzt stehen wir auf 370.000
Es tut sich also was.


smoky

www.pinksheets.com/edgar/GetFilingHtml?FilingID=6251203

www.finanznachrichten.de/...-as-director-of-subsidiary-008.htm

17.11.2008 15:08
Asia Global Holdings Corporation's Michael Mak Retires as CEO and Director; Continues as Director of Subsidiary

LOS ANGELES, Nov. 17 /PRNewswire-FirstCall/ -- Asia Global Holdings Corporation (News) (BULLETIN BOARD: AAGH) announced on October 29, 2008, the Company accepted the resignation of Michael Mak as the Company's Chief Executive Officer, Chief Financial Officer and as a Director, prior to the acceptance of Mr. Mak's resignation, the Board of Directors appointed John Leper, Chairman of the Board of Directors, Chief Executive Officer and Chief Financial Officer. The Board also appointed Hin Lee Kwong as Secretary and as a Director.

Michael Mak will continue as a Director of Sino Trade-Intelligent Development Corp Ltd. ("Sino Trade"), a wholly-owned subsidiary of AAGH. Hin Lee Kwong will also continue to serve as a Director of Sino Trade and retain his responsibility for its overall strategy and administration.

AAGH and Mr. Mak have mutually agreed to cancel 150,000 shares of the Company's preferred stock currently held by Mr. Mak even though he will continue as a Director of Sino Trade. Further information related to this recent event will be forthcoming in the Company's upcoming 10-Q filing.

About Asia Global Holdings Corporation

Asia Global Holdings Corporation (BULLETIN BOARD: AAGH) 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, www.sec.gov/.

www.sec.gov/Archives/edgar/data/1171689/...498/v132849_10q.htm

...
Results of Operations for the Three and Nine Months Ended September 30, 2008 and September 30, 2007

During the three and nine month periods ended September 30, 2008 we experienced net income of $825,858 on revenue of $4,872,180 and $2,593,623 on revenue of $9,234,465 respectively. We expect to continue to improve our income position over the next 12 months as we plan to continue growing our profitable advertising sales business in China and we expect continued improvement in our TV entertainment business. During the three and nine months periods ended September 30, 2008, we generated all of our revenue from our Media & Advertising division. Over the next twelve months, we plan to devote the majority of our resources to expanding and further developing our Media and Advertising segment and our TV Entertainment segment.

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Revenue – Media & Advertising

During the three and nine month periods ended September 30, 2008, our revenues from the Media & Advertising segment were $4,872,180 and $9,234,465 respectively, compared to the 2007 figures of $3,843,631 and $6,861,759. Hence we experienced an increase of revenue of 27% and 35% respectively from the comparable three and nine month periods ended September 30, 2007. The increases are primarily attributable to improved sales through our partnerships with established advertising agencies in China. Management believes increased advertising and promotion in this segment along with sales force improvement through experience contributed to the sales increase.

Revenue – TV Entertainment

During the three and nine months ended September 30, 2008, there was no revenue for the TV Entertainment segment. In February 2008 we completely revamped our TV entertainment segment strategy. Rather than relying on one TV show as a revenue generator as was our original strategy, we have now built a large portfolio of licensed TV shows which we will produced based on market demand. Since February of this year we have built a portfolio of over two hundred TV shows. During this quarter we opened up a number of sponsorship negotiations with multinational brand advertisers and broadcasters. We expect to begin realizing revenue from this segment as we close advertising and distribution deals and shows begin to air. Revenue from this segment will be derived from distribution licensing fees, revenue-sharing based on advertising fees collected for ads that air within the shows, and show sponsorship fees.

www.finanznachrichten.de/...ar-end-earnings-projection-008.htm

20.11.2008 15:37
Asia Global Holdings Corp Reports Profitable Third Quarter and Year-On-Year Revenue Growth; Announces Year End Earnings Projection

LOS ANGELES, Nov. 20 /PRNewswire-FirstCall/ -- Asia Global Holdings Corp (BULLETIN BOARD: AAGH) has announced financial results for the third quarter ended September 30, 2008. In the first nine months of 2008 the Company's year-on-year revenues grew 35% to $9,234,465 with net income of $2,593,623. The increase is a result of increased sales from the Company's advertising and media business.

For the three months ended September 30, 2008 the Company experienced a net income of $825,858 compared to a net loss of $967,449 for the same period in 2007. The increase in profitability is primarily attributed to increased sales and profits from the Media and Advertising segment.

For the nine-month period ending September 30, 2008 the company reported earning per share (EPS) of $0.02. Management projects the year end EPS to exceed this figure.

About Asia Global Holdings Corporation

Asia Global Holdings Corporation (News) (BULLETIN BOARD: AAGH) 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, www.sec.gov/.

www.finanznachrichten.de/...-strengthens-relationships-008.htm

16.12.2008 15:12
Asia Global Holdings Corporation Subsidiary Idea Asia Advances TV Efforts In China; Announces Branded Internet Programming; Strengthens Relationships With Top Media Agencies

LOS ANGELES, Dec. 16 /PRNewswire-FirstCall/ -- Asia Global Holdings Corporation (News) (BULLETIN BOARD: AAGH) wholly owned subsidiary Idea Asia Limited (Idea Asia) continues to advance its efforts to deliver high quality TV programming and Internet content to the China market. Today the Company confirmed that it is negotiating distribution deals with TV stations in China for 'Beat The Host', 'Singing Bee', 'Human Clock', and 'Small Talk'.

Idea Asia also reported that it is in talks with a major international advertiser to produce 60 three-minute branded episodes of 'Camera Cafe' for distribution by Internet in China. Last week 'Camera Cafe' won the award for best comedy at the prestigious Asian TV Awards held in Singapore. Idea Asia is the exclusive representative of the show in China.

"While the global economy problems are taking a toll on advertising spending in the US, the outlook for TV advertising in China is very strong and growing," commented a Company spokesperson.

Recognized for representing high quality TV programming for distribution in China, Idea Asia has developed strong relationships with the top media agencies. Through these relationships Idea Asia can help advertisers reach the highly sought after consumer market in China with exciting top quality programs for Television and Internet.

About Asia Global Holdings Corporation

Asia Global Holdings Corporation (BULLETIN BOARD: AAGH) 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, www.sec.gov/.

Bei leicht anziehendem Volumen - Durchbruch der 50 Tage Linie. Alles Käufe aus dem ASK ;)

... zeigt mindestens einmal im Jahr einen heftigen Ausbruch. Es würde ja auch langsam mal Zeit, denn die Company ist auf einem guten Weg.


Wie immer keine Aufforderung zum Kauf - sonder dient lediglich als Information.
Bitte informiert Euch vorher genau über jedes Unternehmen in denen Ihr Euer hart verdientes Geld anlegt.
Auf eine erfolgreiche Woche

Hummel

(mMn) wird sich für den Quartals/Jahresbericht positioniert (FEBRUAR)       ax

habe auch keine News gefunden, daher habe ich auch nur den für mich viel interessanteren Chart eingestellt.
Mich hat es nur gewundert das an einem Tag in USA und Deutschland über 100.000 Stück gehandelt wurden und in beiden Fällen ein klares Kaufsignal ausgelöst hat. Dies kann aber muss nichts bedeuten, denn der eingesetzte Betrag ist ja als Peanuts zu sehen.
Wenn Volumen reinkommt wirde es interessant.

Hummel

finance.yahoo.com/q/is?s=aagh.ob


Revenue by Quarter: (The "media & advertising" business is seasonal)    Earnings per Share  
      2006                         2007                            2008                                         2008  
               
1st        Q396,000             828,000      1,524,000                                         0.3 ¢ / share  
2nd       Q 1,189,000      2,190,000      2,838,000                                         1.0 ¢ / share  
3rd        Q 2,018,000      3,844,000      4,872,000                                         0.6 ¢ / share  
4th        Q 1,576,000      3,922,000          ???                                                     ???  
               
Total         5,179,000    10,784,000      9,234,000                                        1.94 ¢ / share  


wie man sieht ist das Q4 in den letzten 2 Jahren nicht das schlechteste ;)
Zu Erwarten ist der Bericht aber auch noch nicht

Nachdem sich anscheinend bei 0.013 der Tiefpunkt eingestellt hat geht es unter ansteigendem Volumen sehr schön hoch. Es stehen die Jahreszahlen an (sind leider etwas verspätet), aber das kann sich täglich ändern.
Es ist angekündigt worden das sich die Zahlen nicht allzuweit von 2007 unterscheiden sollen ( war das nicht 0.02 Cent Gewinn je Aktie ;) ).
Also schön auf die Watchliste setzen , oder jetzt schon mal ein paar Positionen gönnen und dem Trend folgen.
Viel Erfolg allen Investoren und ein schönes Wochenende.

Hummel

P.S. wer stellt hier in Deutschland eigentlich die Kurse - eine Katrastrophe

sieht doch recht vielversprechend aus, oder ?

ih.advfn.com/...807662&article=37282456&symbol=NB^AAGH

On April 14, 2009, the management and Board of Directors of Asia Global Holding Corporation (the “Company”) concluded that the Company’s previously issued financial statements as of and for the three months and nine months ended September 30, 2008, as included in the Quarterly Report on Form 10-Q filed with the Commission on November 19, 2008 (the “September 30, 2008 Form 10-Q”) should no longer be relied upon because of errors in such financial statements.  As a result of these errors, the Company will restate the financial statements described above to correct its accounting for revenue recognition (“the Restatements”).


During the first three quarters of the year the Company saw a very strong growth in Media and Advertising sales from our Sino Trade subsidiary.  However near the end of 2008 and beginning of 2009 Sino Trade began feeling the effects of the global financial turndown. Sino Trade focuses exclusively on selling business-to-business advertising to small manufactures in China. The financial meltdown during the fourth quarter of 2008 harshly impacted Sino Trade’s core client base of small and medium sized manufacturers located in China who engage in manufacturing and exporting products to the United States. This segment of manufacturers in China simultaneously experienced severe cut-backs on bank facilities and a severe drop in export demand. The segment saw numerous factory closings and cutbacks at the end of year 2008, particularly in Southern China – the location of much of Sino Trade’s key client base. The adverse financial effect on the core customer group was far worse than Sino Trade originally anticipated. The full effect was not fully realized until the first quarter of 2009 when it became more apparent to Sino Trade management that many of its customers may not recover from the recent global financial crisis soon if at all. As a result, this adverse impact on the Sino Trade core customer base cast doubt on a considerable portion of sales the Company recorded in the three-month period ended September 30, 2008 as management cannot be certain of when or what portion of Sino Trade’s account receivables can be fully collected.


The Company anticipates that the Restatements would reduce net sales and reduce gross profit and would also affect net income and net loss for the period presented.  The Company also expects filing amendments to its Forms 10-Q for the affected quarterly period to reflect the corrections to its quarterly consolidated financial statements in the near future.  The Company’s annual report on Form 10-K for fiscal 2008 will reflect these adjustments and contain additional information regarding this matter.

ih.advfn.com/...516788&article=37412280&symbol=NB^AAGH

Idea Asia Limited and Global Media & Entertainment Group Enter Acquisition Agreement

LOS ANGELES, April 23 /PRNewswire-FirstCall/ --
Asia Global Holdings Corporation (OTC:AAGH) (BULLETIN BOARD: AAGH) 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.

...(weiter siehe LINK)