TSXV:ART.H - Post by User
Post by
milstogoon Nov 25, 2020 7:46pm
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Post# 31975558
PR-Apr 12, 2016- Art/China JV Strategic Partner Net Dragon!
PR-Apr 12, 2016- Art/China JV Strategic Partner Net Dragon! The only JV strategic partner agreement in China that I know of is NetDragon so if that's who they are referring to in today's PR this is huge!
Now that 5G is being rolled out this order should just be the beginning of many more to come in the near future as NetDragon is huge! Also, NetDragon still has a vested interest in ART.
https://www.prnewswire.com/news-releases/netdragon-and-arht-media-jointly-announce-completion-of-a-cdn482m-strategic-investment-and-jv-partnership-300249968.html
4/12/16 "NetDragon's recent acquisition of Promethean, a provider of interactive learning technologies with a user base of 1.3 million classrooms globally, has the potential to deliver ARHT's technology to an enormous audience in the K12 (Kindergarten-to-Grad 12) space. The potential from the Promethean network is in addition to the overall size of the Chinese education market, which is $200+ billion per year."
According to this April 2016 PR it is a 5 year JV partnership so lets hope the ART team is working on renewing it right now!
If everything comes together, next year could be and should be a very good year! Looking forward to the settlement of the Debentures and putting 2020 behind us!
NetDragon's education website: more info
https://edu.nd.com.hk/?lang=en
Keep The Faith!