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Press Release Source: China Direct Trading Corp.
China Direct Forms Complete Power Solutions of Miami Subsidiary Thursday July 13, 7:20 am ET
COOPER CITY, FL--(MARKET WIRE)--Jul 13, 2006 -- China Direct Trading Corp. (OTC BB:CHDT.OB - News) ("China Direct" or "CHDT") today announced that it has signed a 20-day letter of intent with, and has received a $50,000 good faith earnest money deposit from minority investment partners, to form its second new power generator sales subsidiary: "Complete Power Solutions of Miami" (CPSM). CPSM will sell power generators in Southern Broward and Dade counties of Florida, which include the cities of Miami, Miami Beach, Coral Gables, Westin, Hollywood, Dania, Hialeah and South to Key Largo. We expect CPSM to fully operational by August 15, 2006. ADVERTISEMENT
The minority investment partners include: (1) Michael Burchell, Ben Walker, and Joe Cangiano, who combined have some 60 years of extensive experience in electrical contracting and excavation skills (such skills are necessary for the expeditious installation of new power generators and support of overall CPS business statewide); and (2) Howard Ullman and Jeff Postal, who are the CEO/President/Chairman of the Board and a director, respectively, of CHDT. The minority partners will contribute a total of $300,000 in start-up capital to launch CPSM. CPSM will purchase all of generators, cement slabs, and engineering services from CHDT's majority owned subsidiary, Complete Power Solutions, LLC, Pompano Beach, and Fl.
"The formation of CPSM follows our current business model of expanding the geographical market for our power generator sales operations by forming new majority-owned subsidiaries with local investor/partner groups. We are currently seeking and interviewing potential future partners and doing regional market assessments in Florida, The Gulf Coast and the Northern Virginia-Washington, D.C. region to determine where and when new subsidiaries might be launched. Our goal is to establish three to six new power generator subsidiaries this year," said Howard Ullman, CHDT CEO/President.
RADIO INTERVIEW: Howard Ullman will be featured in a live radio interview on www.***.com at 9:00 am Eastern Time today, Thursday, July 13, 2006. *** is a leading microcap investor media portal and interested parties may go to www.***.com and download the free player that will allow them to listen to the interview. The live broadcast is available to anyone at any computer connected to the Internet.
About China Direct: China Direct (www.chdt.us) is a holding company engaged through its operating subsidiaries in the following business lines: Overseas Building Supply (OBS) is engaged in manufacturing, distribution and logistics of building materials including but not limited to generators, roof tiles, interior doors, and insulation materials. CPS (www.completepower247.com) is a majority-owned subsidiary engaged in turnkey solutions for standby commercial and residential power generation. Souvenir Direct Inc. (SDI) (www.souvenirdirect.com) is engaged in product development, manufacturing, distribution, logistics and product placement into mass retail of souvenir and gift items. None of the web site URLs listed in this press release is incorporated into or is part of this press release.
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GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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posted
yeah, should be a good ride today. if i can get in on the chase, i'm hoping to adding another 10000 shares around .20 if the trend presents itself. will be listening to the online radio interview too. starts in an hour, correct?
-------------------- Cashing checks in two forms: Money and Reality
GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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posted
Thanks 10 (and all for posting about the conference and PR). I hate I am going to miss the EOD today (having eye surgery) so you guys keep it high for me! ;-)
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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interview was good. anyone invested should take time to listen to it. was mildly forward looking without being too over the top in trying to 'sell' the stock to future investors and/or keep current investors holding. i did appreciate his conservatism on the revenues stated thus far and his general candor sounded intelligent and forthright. unlike the fhal interview, the chdt one gave me confidence in the company and its products. sounded (though he wouldn't say for sure) like they have the NOA from the county for the tiles in the bag. production has apparently already begun. should hopefully be a good week next week once production/manufacturing of the products gets into full swing and other events mentioned begin to materialize.
-------------------- Cashing checks in two forms: Money and Reality
GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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CHDT (.183) China Direct Sourcing for Its Investors Jul 14, 2006 2:28:00 PM
COOPER CITY, FL -- (MARKET WIRE) -- 07/14/06 -- China Direct Trading Corp. (OTCBB: CHDT) announces today that investors over the past few weeks have been flooding the company with sourcing business. Investors have realized that China Direct and its many subsidiaries have the capability to source most items made in China through its 25 years of relationships with factories and trading companies throughout China. The company is actively sourcing products in the automotive, promotional products, building, and apparel industries and looks forward to working with the many investors who either own or work for a business and are looking to lower costs or increase supplies.
"It's exciting to see investors realize that the company they have invested in could possibly help their own business become more profitable by lowering costs or increasing supply. We welcome buyers to take advantage of our 25 years of experience in sourcing products in China and look forward to working with them," said Howard Ullman, CEO of CHDT.
About China Direct: China Direct (http://www.chdt.us) is a holding company engaged through its operating subsidiaries in the following business lines: Overseas Building Supply (OBS) is engaged in manufacturing, distribution and logistics of building materials including but not limited to generators, roof tiles, interior doors, and insulation materials. CPS (http://www.completepower247.com) is a majority-owned subsidiary engaged in turnkey solutions for standby commercial and residential power generation. Souvenir Direct Inc. (SDI) is engaged in product development, manufacturing, distribution, logistics and product placement into mass retail of souvenir and gift items.
FORWARD-LOOKING STATEMENTS: This press release, including any financial information and projections, contain 'forward-looking statements' as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are based on China Directs and its subsidiaries' managements' current expectations and assumptions, and involve risks and uncertainties. Forward-looking statements in this press release and risks associated with any investment in China Direct, which is a 'penny stock' company (and as such is deemed a 'highly risky investment') should be evaluated together with the many uncertainties that affect our business, particularly those stated in the cautionary statements and risk factors in current and future China Direct SEC Filings, which statements we hereby incorporate by reference herein.
For more information contact the company: 954-252-3440
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
This stock is going to continue its upward trend over the next week. NOA coming out and tile orders due to be anounced. If you are in around .16 I would be suprised if you didnt double your money this week.
-------------------- One wrong move and you're eatin bag-nasties just to survive! Yahoo Messenger: Jason52907 Posts: 707 | From: midwest | Registered: Mar 2006
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posted
I agree that this stock is undervalued. In the chat tomorrow I am going to see if they talk about dade county as well.
quote:Originally posted by Jason0321: This stock is going to continue its upward trend over the next week. NOA coming out and tile orders due to be anounced. If you are in around .16 I would be suprised if you didnt double your money this week.
China Direct Trading Corp. Recieves Chinese Roof Tile Approval NOA (Notice of Acceptance) No:06-0407.05 Effective July 20, 2006 Monday July 17, 7:20 am ET
COOPER CITY, FL--(MARKET WIRE)--Jul 17, 2006 -- China Direct Trading Corporation (OTC BB:CHDT.OB - News), a U.S.-Chinese trading company, today announced that its subsidiary, Overseas Building Supply, LLC (OBS), received a Notice of Proposed Action from the Dade County Product Control Division, which governs the product review process in Dade and Broward Counties, Florida. The Notice, dated June 30th, is a 20-day approval notice for OBS' clay double roll roofing tile No. 06-0407.05. Unless objections are raised by any member of the Board of Rules and Appeals, which overseas the issuance of all NOAs, on or before July 20th, the roofing tiles will be eligible for sale. OBS has also been provided the five page NOA document which soon will be available online at www.chdt.us. This grants OBS the exclusive right to import and sell these clay roof tiles.
Subject to no objections from the Board of Rules and Appeals, OBS will start taking orders from roofers, tile distributors, home owners, and retailers on July 20th for Goods starting to leave on August 15th and the first delivery in the U.S. on September 10th. For information on roof tiles contact Howard Ullman at 954-252-3440.
OBS has entered into an exclusive distribution agreement with a China Ceramic Tile factory. The factory has been in operation since 1986 producing high quality roofing and floor tiles with 15% of its annual production going to export. The factory has 90 new machines imported from Spain and Italy producing a Chinese brand known as Minnan. The ISO9001 rated factory has 1,256 workers in a 200,000 square meter facility. Total annual production capacity is twenty million tiles. The factory can expand its production facility if and when demand dictates.
About China Direct: China Direct (www.chdt.us) is a holding company engaged through its operating subsidiaries in the following business lines: Overseas Building Supply (OBS) is engaged in distribution of building materials including but not limited to roof tiles, interior doors, and insulation materials. CPS, (www.completepower247.com) is a majority-owned subsidiary engaged in a turnkey solutions for standby commercial and residential power generation. Souvenir Direct Inc. (SDI) is engaged in product development, manufacturing, distribution, logistics and product placement into mass retail of souvenir and gift items in 29 countries. None of the web site URLs listed in this press release are incorporated into or are part of this press release.
FORWARD-LOOKING STATEMENTS: This press release, including the financial information that follows, contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are based on China Direct's and its subsidiaries' managements' current expectations and assumptions, and involve risks and uncertainties. Such expectations and assumptions may prove to be faulty or incorrect. Actual results may differ materially from those anticipated results set forth in the statements. The forward-looking statements may include statements regarding consumer demand, product orders, product development, product potential or financial performance. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. China Direct undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Approval of products by governmental authorities does not mean that the products will be accepted by consumers or produce any revenues or profits. Forward-looking statements in this press release and risks associated with any investment in China Direct, which is a "penny stock" company, should be evaluated together with the many uncertainties that affect our business, particularly those mentioned in the cautionary statements in current and future China Direct SEC Filings, which statements we incorporate by reference herein.
Contact:
For information on this release Contact: Rich Schineller 941.918.1913 rich*chdt.us
Posts: 2473 | Registered: May 2006
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posted
very strong close. Again, I dont understand why this stock is not getting more traffic on this board. This IMO is easy money. Made almost 200% already. The float is so small and MM's are so short of shares that you cant even get orders for 30K shares filled. This stock will move in days!! Anything under .25 is an easy 100-300% gain. Take a look. I challenge anyone to find somthing negative about the company that would keep it from breaking .50.
-------------------- One wrong move and you're eatin bag-nasties just to survive! Yahoo Messenger: Jason52907 Posts: 707 | From: midwest | Registered: Mar 2006
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I think we will see a dip tomorrow and thena rise wednesday going into thursday for the big chat room session and the friday official DADE county approval being completed.....
with the dade county approval, they will be selling the roof tiles, up to 20 million of them at $2 a piece............don't know what net revs will be generated from that, but I suspect some 20 million in revs in just the roof tiles, as they are in great demand and will sel out for the year easy.......
Posts: 525 | From: nashville | Registered: Jun 2005
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