Friday, May 27, 2011

Aspire International, Inc. (APIT) is “One to Watch”

Aspire International Inc. is a Maryland corporation that recently acquired and now operates a Hong Kong-based international B2C shopping mall, www.mygos.net, “My Global Online Shop” (Mygos), headquartered in Shenzhen, in the Guangdong province of China. Aspire also engages in the acquisition, exploration and development of mineral properties in the Guangxi Zhuang Autonomous Region of southwestern China.

The Company’s Mygos platform enables anyone to start his or her own business online. Mygos currently hosts more than 80,000 active stores. Aspire International’s development plan for Mygos for the rest of this year includes focusing on expanding Mygos’ business in China and South East Asia, including the Hong Kong, Macao and Taiwan markets during this first half of 2011.

In the third quarter of 2011, they will begin promoting Mygos in India, Japan, South Korea and North America. In the fourth quarter of 2011, they will begin promoting Mygos in Australia, New Zealand and Africa. The Company also intends to acquire complementary small to medium-sized e-commerce businesses as opportunities arise.

Mygos offers products in diverse categories. These include Virtual Products, Clothing & Accessories, Beauty, Digital & Home, Home Supplies, Maternal & Child, Food, Style, Service, and Insurance.

Concerning their mineral properties, Aspire International, Inc.’s principal manganese mining target is a property that covers an area of 21.3 square kilometers. It contains 7.4 million metric tons of ore (according to an NI 43-101 compliant report certified by a qualified geologist with over thirty years’ experience). A highly capable Chinese management team leads the on-site operations of this mineral property.

A Letter Of Intent (LOI) was recently executed to acquire a majority interest in a 3.95 square kilometer concession (located in the Guangxi Zhuang Autonomous Region). This concession is known to contain a minimum of five zones of gold mineralization. Two of these zones are in production and considered economically viable. The property (according to government geologists and recent geological survey work) may contain more than one million metric tons of commercially mineable gold-bearing ore. There exists considerable additional potential to expand the resource further.

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