Based upon current contracts, pending negotiations and a very positive market climate the management of PXMG and DCIT
anticipate that each company will gross $2 million or more in gross revenues from Privilege Card sales in 1996 with rapidly rising sales in the subsequent years.
s common stock (which formerly traded under the symbol FCFO) trades under DCIT
on the NASDAQ Electronic Bulletin Board.
Our $15M investment in DCITS makes Infinity a partner in this great company.
If the one-off expenses related to DCITS listing in 2013 were excluded, it would decrease by 15.
During the Period, the Group completed the asset reorganization of its IT business group and successfully listed DCITS on the A-share market.
As the major practitioner of Digital China's IT service business, DCITS has made excellent performance in national IT service market, making Digital China to rank TOP in China's IT service market in terms of market share and rank as one of the top four providers in terms of IT service market share in all industries.
DCITS was established on 3 July for investment by SVG and its subsidiary, Infinity I-China Fund in the ITS business.
DCITS registered in Suzhou, China on 3 July, 2008, and established on 28 October through joint announcement of Digital China and SVG.
Before the completion of the investment, DCITS was a wholly- owned subsidiary of Digital China.