VisionChina Media Inc (NASDAQ:VISN), Down By 39.52% ($0.10) From $0.248 After BUYINS.NET Report Predicted Stock Would Go Down D
July 27, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Thursday, July 26th 2012 stating that VisionChina Media Inc (NASDAQ:VISN) was expected to go Down due to the Bearish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=visn&id=296277
At the time this story was written, VisionChina Media Inc (NASDAQ:VISN) is Down By $0.10 (39.52%) since the BUYINS.NET report was released.
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VisionChina Media Inc (NASDAQ:VISN) - VisionChina Media Inc., through its subsidiaries, provides advertising services in the Peoples 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 companys 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 companys 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 Peoples Republic of China.
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