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Wednesday, 06/21/2006 8:20:04 AM

Wednesday, June 21, 2006 8:20:04 AM

Post# of 148
The word is spreading..........new investors will continue to come aboard..................

Jun 21, 2006 (M2 PRESSWIRE via COMTEX News Network) --
Streetinvesting.com is the author of this release. Our goal is to educate, inform and initiate a creative philosophy of investment tactics. This release is a result of China Direct Trading Corporation's (0TCBB:CHDT) latest corporate developments and their recent trading activity, up 12.50% on Tuesday, with 2,469,850 shares traded by the toll of the day's closing bell. Streetinvesting.com strives to help investors seek a diversified portfolio by introducing techniques to help grasp a better understanding and concept of the market and the daily activities that a company experiences. To learn more and become part of the acclaimed online financial newsletter community, visit www.streetinvesting.com for a complimentary subscription.

China Direct 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 across the globe.

In the most recent news to surface surrounding the Company, China Direct Trading Corporation announced Monday that the physical properties test results for Overseas Building Supply's (OBS) China-manufactured Clay Roofing Tiles had 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, by Monday of next week. 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.

In regards to this development, Howard Ullman, Chairman and CEO of China Direct Trading Corp, stated, "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)." He then continued on, adding, "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.







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