Market Pulse Breaking News Alert for Monday, February 27, 2006: CHDT --- China Direct Trading Reports Record Monthly Sales of $688,000 Projects First Quarter FY2006 Gross Revenues of $2.2 Million From Power Generator Sales!
Market Pulse News Alert for this AM, Stocks to Watch are: China Direct Trading Corporation (OTC BB: CHDT), Research In Motion Ltd. (NASDAQ: RIMM), Universal Express Inc. (OTC BB: USXP), and Generex Biotechnology Corp. (NASDAQ: GNBT).
Investors need to be watching China Direct Trading Corporation (OTC BB: CHDT) this AM! China Direct Trading is a global trading company engaged in the development and distribution of manufactured goods, mostly souvenir and gift items, to theme parks, importers and retailers worldwide. The company is a conduit between Asia and the US and is currently working with customers in industries such as textiles, automobiles, health technology, and other sectors! China Direct Trading has had several excellent news announcements out lately and one again before today's opening bell announcing record monthly gross revenues of $688,000 for January 2006! Investors should be watching this one closely!
China Direct Trading Corp. (OTC BB: CHDT) announced today record monthly gross revenues of $688,000 for January 2006. The sale of power generators by Complete Power Solutions (CPS), a subsidiary of CHDT, accounted for $610,000 of the sales for the month. The January 2006 gross revenue figure is a 940% increase over total gross revenues of $73,000 for all CHDT operations for the entire first month of FY2005.
Based on current consumer demand for power generators and the January 2006 sales results, CHDT is projecting first quarter FY2006 gross sales of $2.2 Million in power generators and $250,000 in sales from Souvenir Direct Inc giving the company projected combined revenues of 2,450,000 for the first quarter of 2006.
CPS is a Full-Service Authorized Guardian Dealer and Exclusive Home Depot Supplier in Broward and Palm Beach areas providing residents and commercial establishments within the State of Florida with Automatic Standby Generators. The company offers a turnkey power solution from sales, permitting, delivery, installation, maintenance and service of generators including the fuel tanks. They also sell a Pre-Engineered proprietary concrete installation pad designed to reduce Noise and to Minimize Vibration (STC Rating of 48) and it is 1/3 the weight of normal concrete. All products can be seen at www.completepower247.com
China Direct Trading Corp. (www.chinadirecttradingco.com) is a holding company creating vertical subsidiaries that involve trade between the US and China. One subsidiary, 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. 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 is a majority-owned subsidiary engaged in a turnkey solution for standby power generation.
Stocks in the news and acting well as of late include: Research In Motion Ltd. (NASDAQ: RIMM), Universal Express Inc. (OTC BB: USXP), and Generex Biotechnology Corp. (NASDAQ: GNBT).
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You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. MP has been compensated two million restricted shares of China Direct Trading Corp. by the company. MP has held these shares for one year and they are now eligible to be sold by MP pursuant to the safe harbor provisions of Rule 144. MP intends to sell these shares from time pursuant to the provisions of Rule 144 under the Securities Act of 1933. To date, MP has not sold any shares of China Direct Trading Corp. pursuant to Rule 144. MP, in a separate, negotiated transaction acquired directly from an existing shareholder, a block of eight hundred thirty three thousand three hundred thirty four free trading shares of China Direct Trading Corp. for a total purchase price of twenty thousand dollars. In addition, MP in the open market, previously purchased four hundred sixty six thousand six hundred sixty six shares of stock in China Direct Trading Corp. for a total purchase price of twenty two thousand one hundred sixty seven dollars. To date, MP has sold one million two hundred fifty thousand shares of stock in China Direct Trading Corp. for proceeds totaling sixty nine thousand and seven hundred dollars. MP's officers and directors reserve the right to buy additional shares of the companies discussed in this opinion and may profit in the event those shares rise in value. When MP receives free trading shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services. Market-Pulse.com and Market Pulse Breaking News Alert are owned by Market Pulse LLC.
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