SOURCE: China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc.

February 23, 2011 10:05 ET

(CCTR) China Crescent Bimonthly Price per Share Increase Tendency and 20% Average Daily Differential Between High and Low Featured in OTC Investment Tutorial

DALLAS, TX--(Marketwire - February 23, 2011) - China Crescent Enterprises, Inc. (OTCQB: CCTR), a NewMarket Greenfield Partner, has recently been featured in a Greenfield Partnership Program on-demand OTC Investment Strategy Tutorial Webcast (http://tinyurl.com/OTCTUTORIAL). The Webcast is targeted at both novice and advanced OTC investors as well as entrepreneurs seeking growth capital from the OTC Private Investment in Public Equity (PIPE) market. One interesting aspect of OTC investing highlighted in the one hour presentation (that has a fast forward function) is an overview of a recurring price per share tendency that occurs twice monthly around the same period as the twice monthly reporting schedule for short positions (http://www.finra.org/Industry/Compliance/RegulatoryFilings/P117123). The presentation also features a one year analysis of China Crescent's price per share performance, which highlights an average 20% difference daily between the high and low prices and a 6% daily difference between the opening and high prices.

About NewMarket Greenfield Partnership Program
NewMarket launched the Greenfield Program last year to facilitate the start-up and early stage development of high-growth potential businesses. The Greenfield Program concentrates on early stage, rapid growth opportunities in the world's emerging markets, with program participants in China, Southeast Asia, South and Central America and East Africa, in addition to a handful of program participants in North America.

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About China Crescent Enterprises, Inc. (www.chinacrescent.com)
China Crescent (PINKSHEETS: CCTR) (OTCQB: CCTR) is a systems integration service provider that markets technology outsourcing services in China including the sale and service of brand name technologies such as Microsoft, Cisco, IBM, HP and Dell. Following a strategic acquisition last year, the Company expanded its business line to include original design manufacturing (ODM). China Crescent reported $45 million in profitable revenue in 2009 after reporting over $40 million in revenue for both 2007 and 2008. Headquartered in Dallas with operations in China, China Crescent bridges the gap between global business cultures to assist clients worldwide realize the advantages of the high quality, low cost technology products and services available from China.

"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.

Contact Information

  • Contact:
    China Crescent Enterprises, Inc.
    Email Contact
    214-722-3060