CORAL SPRING, FL -- (Marketwire) -- 10/18/12 -- FN Media Group, LLC (http://www.financialnewsmedia.com) announced today that Harbinger Research has released a new independent research report regarding its analysis of the Company, as well as the likely future value of Ziyang Ceramics Corporation (OTCQB: ZYCI). The report can be accessed on the Harbinger Research website directly at http://www.harbingerresearch.com/clients/zyci
According to the research report, "Overall, we believe that the shares of ZYCI offer investors an excellent risk-reward trade-off at current levels. Ziyang Ceramics offers a high-quality family of ceramic tile products to high growth PRC tier-two and tier-three urban markets. Based on underlying economic fundamental factors operating within China, and based on the Company's relatively long history of generating solid and growing sales and earnings, we believe that ZYCI shares are significantly undervalued at current levels. Therefore we rate the shares of ZYCI as a Strong Speculative Buy, and set our 12-month price target at $8.20 per share."
About Ziyang Ceramics Corporation
Ziyang Ceramics Corporation (OTCQB: ZYCI), headquartered in Zhucheng city of Shandong Province in China with a U.S. office in Florida, manufactures porcelain tiles used for interior residential and commercial applications and sells through a distribution network of more than 150 distributors across 10 provinces, concentrating on major second and third tier cities located primarily in Eastern and Central China. For more information about Ziyang Ceramics Corporation, please visit: www.ziyangcorp.com.
About Harbinger Research
Harbinger Research is an independent equity research firm with a focus on providing coverage to small-cap companies. Harbinger's mission is to help its clients achieve fairer market valuations, an expanded shareholder base, improved liquidity, and easier access to capital markets. The Company does this by providing insightful, in-depth research reports and by making sure those reports are widely distributed and made available to both institutional and individual investors. Harbinger Research strives to deliver superior research coverage and the result is compelling - consistent coverage from industry-expert analysts that is well written and consists of insightful analysis, cogent arguments, and in-depth financial models. To learn more about Harbinger Research visit their website located at http://www.harbingerresearch.com.
FN Media Group, LLC
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FN Media Group LLC (FNMG) owns and operates FinancialNewsMedia.com (FNM) which is a news dissemination & third party publishing service provider and is not affiliated or associated with any company or entity mentioned or listed herein. FNMG's intended purposes are to deliver market updates and news alerts issued from private and publicly trading companies as well as providing coverage and increased awareness for companies that issue press to the public via online newswires. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. Information in this release is derived from a variety of sources that may or may not include the referenced company's publicly disseminated information. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. While this information is believed to be reliable, such reliability cannot be guaranteed. FNMG disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. This release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.
To comply with Section 17(b) of the Securities Act of 1933, FNMG shall always disclose any compensation it has received, or expects to receive in the future, for the dissemination of the information found herein on behalf of one or more of the companies mentioned in this release. For current services performed for Ziyang Ceramics Corporation (OTCBB: ZYCI), FNMG expects to be compensated five thousand dollars by a non-affiliated third party which may hold shares in ZYCI, for news dissemination services & outreach coverage. FNMG has been compensated four thousand nine hundred dollars for past coverage of ZYCI news events. FNMG HOLDS NO SHARES OF Ziyang Ceramics Corporation (OTCBB: ZYCI).
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.
Company: FN Media Group, LLC
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