Big News Out on AGHI this Morning
Published: Thu, 11/15/18
![]() Good morning all, We alerted you to AGHI a few weeks ago when it was trading at just under $0.12. A few weeks later it hit $0.30 for a 150% gain!!! Over the past few days, AGHI has sold off big and its trading back around the $0.10 level. We think a massive bounce could be on the cards. And with this big news the Company just released, we are excited about what the trading day will bring... AGORA HOLDINGS INC. Subsidiary, eSilkroad Network Limited, Enters into a Letter of Intent with Tianjin Eastraise Business Technology Co., Ltd in Order to Collaborate on Mutual Business GrowthTORONTO, ON, Nov. 15, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Agora Holdings Inc. (OTC PINK: AGHI) (the “Company”) today announced that its 51% owned subsidiary, eSilkroad Network Limited (“ESRL”), has entered into a Letter of Intent (the “Letter”) with Tianjin Eastraise Business Technology Co., Ltd. (“TEBT”), a Chinese corporation and the owner/operator of www.chinaexporter.com, a professional B2B E-business Marketplace, offering its members a wide variety of quality and affordable products, product information, trade leads and contact with prospective business partners across the global economic market. Under the terms of the Letter, the two parties intend to enter into a formal partnership agreement within a sixty (60) day term following completion of due diligence. The goal of the collaboration is (1) to expand the TEBT B2B website into Western markets, enhance the user experience by introduction of new members across the globe and ultimately grow its existing userbase of over 600,000 active members; and (2) to introduce the 600,000 existing users at chinaexporter.com to the eSilknet test site in order to validate its operation and functionality and expedite progress of a planned launch of the site before the close of fiscal 2019. ESRL will agree to compensation of US$1 for each chinaexporter.com user that participates in the testing of its B2B platform, a website intended to make the interaction between businesses and non-profit organizations throughout the world faster, more effective, and less costly, which amounts may be used by TEBT to acquire shares of ESRL at US$1,200 per share. Further it is contemplated under the Letter that TEBT will invest up to US$5,000,000 in ESRL in order to further advance the cooperation of the parties. eSilkroad Network President, Mr. Oleg Sytnyk commented, “We are extremely pleased to be able to collaborate with an innovative and successful B2B platform such as www.chinaexporter.com. With this further strategic cooperation, we expect to make another large step forward towards validation of our proprietary B2B ‘eSilknet’ platform. With mutually beneficial partnerships such as this one, our ultimate goal of uniting the world through trade and open communication is in sight. We could not be happier that Tianjin Eastraise Business Technology Co., Ltd shares our vision and is willing to help us to realize our objectives.” Read in full at https://finance.yahoo.com/news/agora-holdings-inc-subsidiary-esilkroad-125649089.htmlIn case you missed our initial alert, you can read all about AGHI below. All the best today. ------------------------------------------------------------------------------------------- Traders and Investors, You asked for it and we delivered - a breakout play with 100%+ upside potential. Agora Holdings, Inc (AGHI) has lit up trading screens in the past, and we think its ready to run once again. In fact, just a week ago AGHI gained around 70% in one day on monstrous volume. It then pulled back, and like a great trader, it has started to slow inch higher. At $0.1175, AGHI could have well over 100% upside relative to its recent high in June of around $0.30. As presently constituted, AGHI is a an entertainment and media enterprise. AGHI brings together media and technology, driving innovation to enhance online entertainment in five business segments: media networks, TV, studio entertainment, consumer products and interactive media. Social Network Besides other functions, eSilknet works according to the principles of a social network:
Search eSilknet users can use Search function to search for something or someone corresponding to their business interests: people, companies, non-profit organizations, events, trade “sell” and “buy” offers, investment opportunities, publications. Yet, users can still opt to receive relevant trade/investment offers generated by the network automatically, instead of or besides using Search Networking and Reviews eSilknet users can search for people and companies to communicate directly (via eSilknet messenger) and follow person’s or company’s posts. Users will be motivated by eSilknet to leave reviews on communication/cooperation with other users/companies: strong Reviews functionality (both to leave and read) will be one of the cornerstones of eSilknet social network. International Trade Offers An important feature of eSilknet is the incorporated trade platform, where users can post “sell” and “buy” offers of different goods and services in search of counterparties (customers or suppliers) from other countries. A system of filters will allow users to refine search results. Each offer has its standardized (by industry) description, and users can also review profiles of counterparties to check companies’ history, reviews, etc. Investments eSilknet will allow investors easily find high quality investment projects in own and other countries, review project details, and get in touch with project initiators. On the other hand, entrepreneurs will have an opportunity to advertise their projects to international investors online. Events This block of eSilknet functionality will focus on facilitating users’ participation in various online and offline events according to the algorithm similar to that for trade offers and investments. In Conclusion... We think AGHI could be an excellent trade idea over a multiple day time frame. The chart stacks up very well, and the Company's acquisition of eSilkroad Network Limited is sure to keep the spotlight on AGHI for the near term. AGHI has already proven to have excellent trading potential, and the next few days could bring more of the same. Make sure you get AGHI on your screen now, do your research, and be ready for an exciting trading day today. All the best. SmallCapMomo.com --------------------------------------------------------------------------------------------------------
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