This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

China Education Resources Inc. Confirms 130,000 Teachers Training Programs With 14 Provinces And Reports Q2 Of 2011 Financial Results

VANCOUVER, Aug. 30, 2011 /PRNewswire/ - China Education Resources, Inc. ("CER") (TSXV: CHN, OTCQX: CHNUF), a leading technology provider of online learning, training courses and tools for teachers, students and education professionals in China, announced today that it has confirmed with 14 provinces ( Qinghai, Liaoning, Gansu, Yunnan, Helongjiang, Inner Mongolia, Shaanxi, Guangxi, Henan, Chongqing, Sichuan, Hunan, Xinjiang, Anhui) of China to train more than 130,000 teachers in 2011. Partial the teachers have been trained in the first 6 months of 2011 and most of the 130,000 teachers will be trained in the second 6 months of 2011. CER also confirmed with the provinces of Shaanxi and Guangxi to start the similar program of Liaoning province (see the press of March 29, 2011) using CER's School Platform to train the teachers in the provinces. We expect to have more provinces will adopt similar program in near future.

CER also announced its financial results for the second quarter of 2011. All figures are expressed in U.S. dollars.

China Education Resources generated gross revenues of $1,103,954 in the second quarter of 2011. This is compared to gross revenue of $894,214 for the same period in 2010, representing a 23.5% increase in revenue. It recorded a net loss of $398,431 as compared to a net loss of $356,955 for the same period in 2010.

Q2 of 2011 financial highlights include:

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.64 0.00%
FB $118.57 0.00%
GOOG $698.21 0.00%
TSLA $241.80 0.00%
YHOO $36.53 0.00%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs