China Media Group Corporation (OTC BB:CHMD) 1403 Wan Chai Commercial Cen 204 Johnston Road Wanchai, Phone: 85231711208 Fax: 85231711206 http://www.chinamediagroup.net
China Media Group Corp. was incorporated in Texas on October 1, 2002 and was originally formed to be a frozen drink machine rental service. In January 2005, the Company changed its name to International Debt Exchange Associates Inc. In September 2005, the Company changed the name to China Media Group Corporation. The Company was intended to specialize in renting frozen drink machines for gatherings such as wedding receptions, birthday parties, football parties, anniversaries, family reunions, weekend barbeques, social functions and fund raising events, as well as any other type of occasion. From the beginning, this business was at the first stage of development and the main focus was on continuing to develop and revise its business strategies. The Company's goal is to become China's new age media company through the use of new technologies and devices combined with traditional media of TV, Newspapers, Magazines, Billboards and Internet to reach today's mobile society. In order to facilitate its mission, the Company initially established 4 strategic business units: 'Television', 'Advertising' 'Print' and 'Telecommunications and Mobile Computing'. Although the Company has established 5 business units, only three units have started its activities: Advertising, Telecommunications and Mobile Computing, and Products Services. The Company plans to secure ad/sign placements in districts in China under its Great Walls of China Project. It plans to approach international advertising firms for them to place out the advertising on these ad/sign placements on either an agent or outsourced basis. The key to its success is the occupation of main advertising locations throughout China. There is competition in the market but the market is also growing. The Company is subject to federal, state and local laws and regulations applied to businesses in general.
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