NEW YORK, April 22, 2015 /PRNewswire/ -- China Teletech Holding Inc. (OTCMKTS: CNCT) was incorporated in China and formerly known as Guangzhou Global Telecom, Inc. The Company Serves as one of the principal distributors of China Telecom, China Unicom, and China Mobile products in Guangzhou city. The company has cooperative distribution relationships with Panasonic, Motorola, LG, GE, Bird, Samsung corporations for their mobile handsets. The company also engages in the wholesale and distribution of mineral water and trading wine in China.
The Company closed on April 20th at a price of $0.0150, recording a loss of -36.17% with a Vol/Avg of 7.37M/556,843. The Company reported revenue of 1.22M in Q3 2014 after two straight quarters of no revenue. For the Q3 2014 ending Sep '14, the Company reported Net Profit Margin and Operating Margin of -25.25% and -21.08% respectively.
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BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.
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