MYST Announces Contract For $1 Million

China Penny Stocks

Jul 30, 2008 12:15:00 PM

FOSHAN, China, July 30 /Xinhua-PRNewswire-FirstCall/ --, Inc. (OTC Bulletin Board: MYST; Frankfurt Stock Exchange: TQF), is pleased to announce that its majority owned subsidiary,, Inc.'s ( ) wholly owned subsidiary Media Group International Limited (MGI), a premier media and marketing management firm, announced that it got a contract of $1 million for product placement advertising in three movies.

MGI will be involved in product placement for three of MyStarU's films: ''Paobu'' is a sports feature film to be shot at the Beijing Olympics Games, Hong Kong film ''Stockbrokers'' and ''True?'' for a sports goods brand, digital electronic and car.

''This contract is very helpful for production and promotion of MyStarU's movies. In the meantime, MGI will receive revenue of $300,000 in advertising,'' said COO of MGI, Eric Tang.