Perry Wu of China Tech News does. And he has a convincing case. A mining company that has suddenly decided it wants to be in the video sharing business:

On March 5, 2007, Admax Resources changed its name to China YouTV Corporation. I'm not joking when I relay the following from the company's release: "The company intends to participate in the fast growing video sharing web site market in China, and at the same time, to continue its exploration of mineral properties in British Columbia, Canada."

Perry's got this priceless extract from the press release:

"If the Company finds mineralized material and it is economically feasible to remove the mineralized material, it will attempt to raise additional money through a subsequent private placement, public offering or through loans. If the Company needs additional cash and can't raise it, it will either have to suspend activities until it is able to raise the cash, or cease activities entirely. If the Company can't find any mineralized material or it is not economically feasible to remove the mineralized material, it will have to cease activities and focus on the new market: the video sharing industry in China."

Did you get that? If they strike out mining, they'll make a fortune in the video sharing business. Is this a gag? It's not April 1 yet. Apparently they haven't heard the news: YouTube isn't making any money.

Sing it! Tonight we're gonna party like it's nineteen-ninety-nine!

Previously:
Chinese YouTubes courting controversy
Is YouTube a time bomb for Google in China?
Regulatory rumblings in online videoland 

Note: Cross posted as CNET 64.