SOURCE: Stock Market Alerts

July 12, 2007 09:10 ET

Breaking Stock Alert for Thursday: DRGV! July 12, 2007

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Stock Market Alerts.

MIAMI, FL--(Marketwire - July 12, 2007) - Stock Market Alerts' performance stock list includes: Dragon Capital Group Corporation (PINKSHEETS: DRGV), Google Inc. (NASDAQ: GOOG), JPMorgan Chase (NYSE: JPM), Merrill Lynch & Co. Incorporated (NYSE: MER).

Investors should be watching Dragon Capital Group Corp. (PINKSHEETS: DRGV) closely this morning. Yesterday after the markets closed, the company, a leading holding company of emerging technology companies in China, issued a press release announcing that that its subsidiary, Shanghai Yastand Information Technology Company, Limited ("Shanghai Yastand"), has entered into an agreement with Shanghai North Gas Company, Limited to develop the pipeline risk assessment system in order to monitor the gas company's 5,280-kilometer underground gas pipeline.

Chairman and CEO Lawrence Wang stated, "We are pleased to provide Shanghai North with this software and look forward to working with them in support of the project. We believe monitoring software of this type is an extremely cost effective way for utilities and pipeline providers to reduce the monetary loss and environmental impact of pipe leakages. We are confident this software will be selected by many companies looking to effectively manage their pipelines."

The latest news announcement is just one of several that have had investors' attention lately. Monday the company announced that its subsidiary, Shanghai Zhaoli has received two distribution related awards from Hewlett-Packard of China. The awards were granted by Hewlett-Packard of China to recognize achievements by associated vendors of Hewlett-Packard products in China.

In early July, management said that it sees 2007 revenues from the current operations of its 7 Chinese subsidiaries in the range of $50 to $55 million!

In late June, the company announced that Shanghai Zhaoli has entered a contract with Tianan Insurance Company, Limited, China's fifth largest nonlife insurers. The initial contract, to provide Tianan Insurance Company with printing hardware and network software, is estimated at approximately $650,000.

On June 5th, Dragon reported first quarter 2007 revenues from its six subsidiaries rising to $10.8 million. The company continued to improve its balance sheet as total assets rose to approximately $11.4 million, up from approximately $10.1 million at the end of 2006. Shareholder equity rose to $5.68 million in the quarter as compared to $5.23 million at the end of 2006.

Before the news was released, the stock closed Wednesday at around Four cents a share.

For Stock Market Alert's in-depth and updated profile of Dragon Capital Group, visit

Dragon Capital Group is doing business in China through its subsidiaries, and was established to serve as a conduit between Chinese high-growth companies and Western investors. DRGV functions as an incubator of high-tech companies in China, offering support in the critical functions of general business consulting, formation of joint ventures, access to capital, merger & acquisition, business valuation, and revenue growth strategies. DRGV has developed a portfolio of high-tech companies operating in China.

Other Stocks of interest yesterday were:

Google Inc. (NASDAQ: GOOG) up 0.2% on 3.3 million shares traded. Google's innovative search technologies connect millions of people around the world with information every day.

JPMorgan Chase (NYSE: JPM) up 1.3% on 27.1 million shares traded. JPMorgan Chase is a leading global financial services firm with assets of $1.4 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset and wealth management, and private equity.

Merrill Lynch & Co., Inc. (NYSE: MER) up 0.8% on 9.6 million shares traded. Merrill Lynch is one of the world's leading wealth management, capital markets and advisory companies with offices in 37 countries and territories and total client assets of approximately $1.6 trillion. As an investment bank, it is a leading global trader and underwriter of securities and derivatives across a broad range of asset classes and serves as a strategic advisor to corporations, governments, institutions and individuals worldwide.

The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company received compensation for services performed for Dragon Capital Group Corp. (PINKSHEETS: DRGV). The compensation was thirty thousand dollars in 2007 from Dragon Capital Group Corp. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

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