Sunday, October 24, 2010
In the Zone
VISN - Vison China Media, Inc.
VisionChina Media Inc., through its subsidiaries, provides advertising services in the People's Republic of China. The company operates out-of-home advertising network using real-time mobile digital television broadcasts to deliver content and advertising on mass transportation systems. Its mobile digital television advertising network delivers real-time content provided by the local television stations.
The company's advertising network consists of digital television displays primarily located on buses and in subway trains that receive mobile digital television broadcasts of realtime content and advertising. Its network also displays real-time news and stock quotes, weather and traffic updates, sports highlights, and other programs, as well as disseminates public-interest messages and programs that promote the general welfare of society and other urgent messages during emergency situations, such as typhoons, earthquakes, and other events that concern public safety.
In addition, VisionChina Media Inc. also operates a stationary advertising platform in subway stations in Guangzhou and Shenzhen. As of December 31, 2008, the company's mobile digital television advertising network and stationary advertising platform covered 17 cities in China and consisted of approximately 66,264 digital displays. It sells its advertising time through direct sales force and third party advertising agencies.
The company was formerly known as VisionChina Media Group Holding Company and changed its name to VisionChina Media Inc. in August 2007. VisionChina Media Inc. was founded in 2005 and is headquartered in Shenzhen, the People's Republic of China.
Vision China Media ended the week tradin at $4.64 up $0.39 or 9.18% higher on the upside on lighter than average weekly trading volume of 2.34 million. The average weekly trading volume for the company is 2.34 million.
By: Marlin Rolle
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