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"CHDT.OB" is no longer valid. It has changed to "CHDO.OB"

Started by saffeysite1, September 05, 2005, 04:46:53 PM

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stock-kitty

News

CHDT Complete Power Solutions Signs New Home Depot Agreement

China Direct Subsidiary Gains Ability to Locate Power Generator Sales Kiosks in 14 Broward County Home Depots

COOPER CITY, FL, May 03, 2006 (MARKET WIRE via COMTEX) -- China Direct Trading Corp.'s (OTC BB: CHDT) majority-owned subsidiary Complete Power Solutions, LLC (CPS) today announced that the company has signed a new 2006 agreement with Home Depot that reaffirms CPS' position as the exclusive supplier to Home Depot of automatic standby generators for residential and commercial customers in Broward County. The new agreement also gives CPS the ability to locate sales personnel and information kiosks in all 14 Home Depot stores in Broward County.

Complete Power Solutions CEO Bill Dato said, "We have enjoyed a mutually beneficial partnership with Home Depot for the past year and I am happy to report that our performance on the sales, installation and customer satisfaction fronts has led to this expansion of our relationship. We believe that having onsite personnel to have direct interaction with the consumer and answer the difficult pre-sales questions of prospective customers will improve lead prequalification and close rates, allowing us to maximize our infrastructure efficiency and sales through the Home Depot channel."

CPS recently announced the doubling of their sales and support infrastructure to meet market demand for standby power generation in South Florida. CPS offers a turnkey power solution from sales, permitting, delivery, installation, maintenance and service of generators including fuel tanks. CPS also sells a Pre-Engineered proprietary concrete standby generator installation pad designed to reduce noise and to minimize vibration (STC Rating of 48) that is 1/3 the weight of normal concrete. CPS products and services can be seen at www.completepower247.com or call 877-499-9500.

China Direct recently announced revenue growth in Q1 2006 of 2100 percent versus the corresponding quarter of 2005 that was primarily driven by CPS sales of power generators. China Direct will be reporting final results for the first quarter on or before May 15, 2006 and will also conduct an investor conference call on May 15, 2006 to discuss overall corporate performance and developments with respect to each of its subsidiaries.

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 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 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 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 and actual results may differ significantly, materially from those anticipated results set forth in such statements. No forward-looking statement is or can be guaranteed. Current revenues and revenue growth are not a reliable indicator of future financial results and should not be relied upon by investors as such an indicator. The sale of power generators can be affected by a number of factors that are beyond the control of China Direct or CPS, including seasonal sales cycles, availability of affordable inventory financing, predatory pricing by competitors and weather conditions. China Direct and CPS undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. 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.

Contact:
Rich Schineller
941.918.1913
[email protected]

SOURCE: China Direct Trading Corp.

mailto:[email protected]

Copyright 2006 Market Wire, All rights reserved.


stock-kitty

Nice!  Keep the PR coming

Propane Gas Division Launched by China Direct Subsidiary

China Direct Board Members Provide $750,000 to Start Gas Division and Expand Generator Inventory


COOPER CITY, FL--(MARKET WIRE)--May 8, 2006 -- China Direct Trading Corp. (OTC BB:CHDT.OB - News) (China Direct) today announced that its majority-owned subsidiary Complete Power Solutions, LLC (CPS) has launched a new propane gas sales division dedicated to CPS power generator customers. The new propane gas division is being funded by a $750,000 loan from two China Direct directors. CPS expects the gas division to eventually become a major contributor to CPS revenue and earnings.


CPS was granted a Propane Gas distribution license in April 2006, and the first gas delivery truck will be purchased this week. CPS is also seeking a permanent storage tank location. The average standby power Propane Gas tank holds 500 gallons and the new truck will begin servicing CPS customers early next week. CPS currently has hundreds of power generators installed throughout South Florida.


According to Howard Ullman, CEO/President of China Direct, "The standby power generator sale is all about alleviating anxiety over potential loss of power. With the launch of our own gas division, we will further alleviate customer anxiety about not getting fuel as required from vendors. With CPS currently adding 150 to 200 new customers every month this year and 70% of those installations requiring propane tank installation and fuel, CPS believes that starting a fuel division is a natural extension of CPS' core business. CPS will only dispense gas to their power generator customers and we believe that offering this service will not only further differentiate us from the competition and assist in closing power generator sales."


CPS recently announced the doubling of its sales and support infrastructure to meet current market demand for standby power generation in South Florida. CPS offers a turnkey power solution from sales, permitting, delivery, installation, maintenance and service of generators, including their fuel tanks. CPS also sells a pre-engineered proprietary concrete standby generator installation pad designed to reduce noise and to minimize vibration (STC Rating of 48) that is 1/3 the weight of normal concrete. China Direct recently announced revenue growth in Q1 2006 of 2100 percent versus the corresponding quarter of 2005 that was primarily driven by CPS sales of power generators. China Direct will be reporting final results for the first quarter on or before May 15, 2006 and will also conduct an investor conference call on May 15, 2006 to discuss overall corporate performance and developments with respect to each of its subsidiaries.


Cheers

stock-kitty

CHDT earnings call today. She was up 22% on Friday with a strong close.  Lets see how she reacts today.



Cheers

stock-kitty

Very nice revs!!!!

China Direct Trading Corporation Reports First Quarter FY2006 Results

Q1 FY2006 Revenue Increases 1229% Over Q1 FY2005 Results On Cash Basis; Total Generator Contract Sales Orders In Q1 FY2006 Hit $4,219,220


COOPER CITY, FL--(MARKET WIRE)--May 15, 2006 -- China Direct Trading Corp. (OTC BB:CHDT.OB - News) today announced results for the Q1 FY2006 ended March 31, 2006, and the filing of its Form 10-Q quarterly report for Q1 FY2006.


Revenues increased to $2,511,809 from $204,354 (Q1 FY2005), or 1229%, primarily due to sales by our Complete Power Solutions, LLC majority-owned subsidiary.


Total sales orders reached $4,409,783 in Q1 FY2006, of which $2,511,809 could be recognized under applicable GAAP as Q1 FY2006 revenues.


Net income rose to $42,718 versus a loss of $(85,768) (Q1 FY2005). This discussion should be read in conjunction with the Form 10-Q for the period ended March 31, 2006 and with the Condensed Consolidated Financial Statements and accompanying notes and with our Annual Report on Form 10-K for the year ended December 31, 2005.


"China Direct is in an exceptionally stronger financial position now than in FY 2005 -- revenues are growing at an accelerating rate, our cash position is solid, and receivables are growing with final generator delivery and contract completion," said Howard Ullman, CEO/President of China Direct. "In Q1, we had much higher costs in association with completing the acquisition of CPS and we will continue to strive to drive cost efficiencies to hasten increased profitability. Based on current sales, we expect to see a continuing acceleration of generator sales activity through the second quarter of FY2006."


stock-kitty

Sales Increase of 41% Over March 2006 Sales

"We continue to see increasing demand for standby power systems in our market as the media focuses on the coming hurricane season and the prediction by the National Hurricane Center of 17 named storms and 5 major hurricanes."


In a few months .05 will look sooo cheap imo. Do your own DD.

NyGuy

This is the most under valued Hurricane Company out there.They have already sold
over 4,000,000 dollars in sales of generators thru Home Depot and are soon to add new outlets.
They are importers of roof tiles and have already finished the hardest test from Dade County,they easier of the two tests will be completed this week.
Please do your own DD,you wont be sorry.

stock-kitty

Reading the previous PR one can not but acknowledge the fact that the generator business supports substantial growth.  Lets not forget the roof tile approval of which we should hear in short, I believe this company to be undervalued.

stock-kitty

CHDT is hiring!


Joseph Barlotta Joins China Direct as VP of Field Operations for Generator Operations
Tuesday June 13, 7:20 am ET


Industry Veteran to Head Standby Power Electrical and Gas Installations


COOPER CITY, FL--(MARKET WIRE)--Jun 13, 2006 -- China Direct Trading Corp. (OTC BB:CHDT.OB - News) today announced that its Complete Power Solutions (CPS) subsidiary has hired Joseph Barlotta III as Vice President of Field Operations with responsibility for heading standby power electrical and gas installations.



Mr. Barlotta has over 22 years of experience in large scale utility installations, managing crews of up to 80 utility and gas pipeline installation and maintenance personnel. Mr. Barlotta has managed projects such as overseeing all underground power, communications, and signalization for the Hudson-Bergen Light Rail Project, installation of underground systems for the Newark City Subway, Lowe's and Home Depot site power installations, work for the Orange and Rockland Gas company and most recently the Meadowlands Xanadu Project, one of the largest current construction projects in the state of New Jersey.

His duties will include managing all facets of both the electrical and gas installation process for CPS. Since Mr. Barlotta's arrival, CPS has invested in the heavy equipment necessary to perform all utility installation tasks, thus alleviating past dependence on subcontractors to meet CPS' expanding demand for generators. Through this investment in talent and equipment, CPS aims to further improve delivery time, customer service, and profitability through offering a quality, one-stop turnkey standby power solution to residential and commercial customers.

"I am excited to get involved with a company that in such a short period has become a leader in supplying standby power solutions to businesses and homes in South Florida, and I believe my background and experience will have a positive impact on the company's growth and ability to continue to deliver the highest levels of customer service to an expanding customer base," said Mr. Barlotta.

"Joe brings the experience and talent to maximize the effectiveness of the investment we have made in our personnel, systems and equipment and will further enhance our ability to continue to grow," said William Dato, CPS CEO. "We are pleased and excited to have a professional of his caliber join our team."


Cheers

SarfiSoy

This has been one fantastic play, great for daytrading, holding some long term also.

guledh0


setravis

"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

#27
Here is the up and running thread guys below, NyGuy, guledh0
Why not ask your questions here?  ???
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

stock-kitty

Quote from: stock-kitty on June 13, 2006, 04:31:19 AM
... Lets not forget the roof tile approval of which we should hear in short, I believe this company to be undervalued.

Approved!!!  Love the last paragraph.  If this doesn't move CHDT today than I don't know what will. GL.


CHDT China Direct Clay Roof Tile Physical Properties Tests Accepted by Metro Dade County
Market Wire - June 19, 2006 7:20 AM (EDT)

COOPER CITY, FL, Jun 19, 2006 (MARKET WIRE via COMTEX) -- China Direct Trading Corporation (OTCBB: CHDT) today announced that the physical properties test results for Overseas Building Supply's (OBS) China-manufactured Clay Roofing Tiles have been accepted by Metro-Dade County Product Approval Dept.

OBS is in the final stages of the assembly process testing that is required for complete Metro-Dade County acceptance (NOA-Notice of Acceptance) and the company expects to have a successful report on the most popular assembly process -- foam -- within the next seven days. Final assembly testing involves building mock-up roofs to show how the tiles are installed using the three most commonly used methods: foam, nails and mortar.

Acceptance of the foam assembly process test results will allow OBS to begin selling their tiles throughout the United States except for Metro-Dade and Broward Counties. Upon receipt of the final assembly test results the company will submit to Metro-Dade in order to receive a NOA for their tile. Upon receipt of NOA the company may then sell both Dade and Broward Counties.

"Our tiles were designed specifically to meet or exceed the exacting standards of the most demanding building code environment in the country -- Metro-Dade County," said Howard Ullman, Chairman and CEO of China Direct Trading Corp. "We have been very pleased with the responsiveness of the officials there and look forward to working closely with them and our testing firm, IRT, to provide the final assembly testing information required for full Metro-Dade County acceptance."

OBS tiles surpassed the basic physical requirements for compression, permeability and absorption required for Dade County code approval. At current production capacity OBS can deliver up to 2.5 million tiles per month at an average price of $2.00 each.


stock-kitty

Over 5 million shares traded and it's only a little passed lunchtime.  CHDT is one incredible stock with great potential.  Do not let this opportunity to make some $$$ pass you by.   

More news coming shortly.  It is all in their latest PR.  GL


Cheers