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An integrated multi-platform marketing company in China, which develops, promotes and sells consumer products and services.
Acorn International, Inc. is an integrated multi-platform marketing company in China, which develops, promotes and sells consumer products and services. The Company's two primary sales platforms are its television (TV) direct sales platform and nationwide distribution network. It offers over 700 products and services through its multiple sales platforms, approximately 8.6% of which are sold primarily through its TV direct sales platform, nationwide distribution network or both with the remaining products and services sold through its catalogs, third-party bank channel sales, outbound calls or the Internet. As of December 31, 2008, its featured product categories included cell phones, electronic learning devices, health and wellness products, cosmetics products, consumer electronics products, stock tracking software, collectibles products and electronic dictionary products. On December 24, 2008, it acquired Yiyang Yukang Communication Equipment Co., Ltd. Stock has dropped in price almost 20% in the last month. Return on Equity is -11%. Charts reflect a bearish trend. This is very likely to continue.
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