TAIPEI, TAIWAN / ACCESSWIRE / June 24, 2015 / Success Holding Group International, Inc. (OTCQB: SHGT) today announced that it has launched MV888.com, a multinational Internet movie viewing platform featuring short films and other content with inspirational and health-oriented themes.
MV888.COM has commenced operations in China, the U.S. and several countries in Europe and Africa, and will subsequently launch in several other countries later this year. The platform will be free to viewers for a period of one year, said SHGT, which thereafter anticipates charging viewers subscription or per-film fees.
Success Holding chairman Steve Chen said he believed the rollout of MV888.COM was “a highly significant event” for SHGT and represented “further validation of our formula for increasing shareholder value via a series of products and services aimed at enriching the life of consumers.”
He said he expected SHGT to shortly announce significant additions to the content available on MV888.COM, possibly including inspirational films and other content from its 55 percent-owned subsidiary, Launch TV (http://www.launchtvnetworks.tv).
Launch TV currently reaches a U.S. audience of over 40 million homes via cable TV, iPad, iPhone, Android, Roku and Smart TV portal devices.
About Success Holdings Group International, Inc.
Success Holdings Group International, Inc. is among Asia’s leading providers ofself-improvement products and programs. Led by China’s foremost motivational speaker, Steve Chen, SHGT comprises three subsidiaries: a business offering personal improvement seminars and related products featuring Mr. Chen, an entity producing and distributing inspirational short films and other content for online and TV audiences worldwide, and a division marketing China’s first health drink made from black rice.
In its first nine months of operations as a public company, ended March 31, 2015, SHGT had revenues of $24.7 million and earnings of $3.7 million.
Going forward, Success Holdings will continue its drive to acquire expanding, high-margin businesses providing products and services serving the physical, spiritual and emotional well-being of diverse consumers across China and around the globe. The company intends to integrate these businesses under the same logo and spokesperson, thus maximizing their brand value.
More information about the Company is available at www.successholding.com.
This press release contains certain “forward‐looking” statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward‐looking public statements concerning it expected future operations, performance and other developments. Such forward‐looking statements are necessarily estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company’s ability to develop operations, the Company’s ability to consummate and complete the acquisition, the Company’s access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company’s public announcements.
Success Holdings Group International, Inc.
Brian Kistler, President and CFO
SOURCE: Success Holding Group International, Inc.