#Dmg media china update
The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.As the Daily Mail & General Trust’s consumer media company, UK-based dmg media includes Metro and the Daily Mail, which continue to thrive in print while scoring amazing results on digital platforms, says WAN-IFRA.
#Dmg media china registration
Securities and Exchange Commission, including its registration statement on Form F-1 and its annual report on Form 20-F. Further information regarding these and other risks is included in the Company's filings with the U.S. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements.
Among other things, the quotations from management in this press release contain forward-looking statements. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates" and similar statements. Private Securities Litigation Reform Act of 1995. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. This press release contains forward-looking statements.
#Dmg media china free
Currently, Qianhai Mobile provides free Wi-Fi Internet services on over 35,000 buses under the brand name "VIFI," spanning over 15 million commuters and providing over 6 million Wi-Fi service sessions per day. In addition, VisionChina Media, through its consolidated affiliate Qianhai Mobile, has secured exclusive concession rights for bus Wi-Fi services in 25 cities across China, including Shanghai, Shenzhen, Guangzhou and Tianjin, covering approximately 80,000 buses. VisionChina Media has the ability to deliver real-time, location-specific broadcasting, including news, stock quotes, weather and traffic reports, and other entertainment programming. As of September 30, 2016, VisionChina Media's advertising network included approximately 58,365 digital television displays on mass transportation systems in 14 of China's economically prosperous cities, including Beijing, Guangzhou and Shenzhen, as secured by exclusive agency agreements or joint venture contract. (Nasdaq: VISN) operates an out-of-home advertising network on mass transportation systems, including buses and subways. For further information regarding circumstances related to the Former DMG Shareholders, please refer to the Company's Annual Report on Form 20-F for 2015, which can be accessed on the Investor Relations section of the Company's website at as well as on the SEC's website at. The Company will provide updates to the public as appropriate. The Company is currently in consultation with legal counsel to resolve this issue, and day-to-day operations in China continue its normal course of business.
The hearing of the winding up petition has been scheduled on March 2, 2017. and Gobi Ventures, Inc., who are former shareholders of Digital Media Group ("Former DMG Shareholders") filed a petition in the Grand Court of the Cayman Islands, the Company's jurisdiction of organization, to request an order to wind up the Company. ("VisionChina Media" or the "Company") (Nasdaq: VISN), China's largest out-of-home digital television and advertising network on mass transportation systems and the leading provider of urban mass transit Wi-Fi, today announced that Gobi Fund, Gobi Fund II, L.P. BEIJING, /PRNewswire/ - VisionChina Media Inc.
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