Contact Information: Contact: China Crescent Enterprises, Inc. ir@chinacrescent.com 214-722-3060
China Crescent Enterprises, Inc. Announces the Small Equity Initiative
| Source: China Crescent Enterprises, Inc.
DALLAS, TX--(Marketwire - November 27, 2009) - China Crescent Enterprises, Inc. (OTCBB : CCTR )
today announced the launch of Small Equity Initiative (SEI). Small Equity
Initiative is a not-for-profit organization dedicated to improving the
opportunity for self-directed retail investors to profit from
over-the-counter investments and for entrepreneurs to gain better access to
capital for their business plans. Co-founded by Philip Verges, China
Crescent founder and board member, and other small public company managers
and investors, SEI plans to build a community for small business investors
and entrepreneurs aimed at improving the collective understanding of how
the over-the-counter market really works today and how it can be improved
in the future. SEI views conventional market wisdom regarding the
over-the-counter markets as flawed, but does believe over-the-counter
markets can deliver compelling returns on investment if approached
correctly. SEI plans to utilize a variety of mediums to facilitate the
expansion of a community for investors and entrepreneurs. More information
on the Small Equity Initiative is available by contacting Small Equity
Initiative at info@smallequity.com.
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About China Crescent Enterprises, Inc. (www.chinacrescent.com)
China Crescent Enterprises, Inc. reported over $40 million in profitable
revenue in 2008. The Company is a technology leader in the rapidly
developing Chinese market specializing today in software engineering, high
quality software development and digital multimedia outsourcing services
delivered to customers globally. At the same time, the firm is a systems
integrator and value added reseller of major global hardware brands in the
Chinese domestic market.
Headquartered in Dallas with operations in Shanghai and Beijing, China
Crescent bridges the gap between Western and Eastern business cultures to
assist Western clients in realizing the advantages of the high quality, low
cost technology products and services available from China. China Crescent
also assists Western clients in localizing products and services to realize
the tremendous growth potential available by expanding into the Chinese
Market.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995
This press release contains forward-looking statements that involve risks
and uncertainties. The statements in this release are forward-looking
statements that are made pursuant to safe harbor provision of the Private
Securities Litigation Reform Act of 1995. Actual results, events and
performance could vary materially from those contemplated by these
forward-looking statements. These statements involve known and unknown
risks and uncertainties, which may cause China Crescent's actual results in
future periods to differ materially from results expressed or implied by
forward-looking statements. These risks and uncertainties include, among
other things, product demand and market competition. You should
independently investigate and fully understand all risks before making
investment decisions.