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The increase in authorized shares was undertaken so that the company would have the proper share structure for the execution of inventory purchases, business acquisitions, and capital growth, designed to bring value to the shareholders.
No wonder their economy is being turned around.
Good thing we are a legit company otherwise the ceo could be put to death...that'd be crazy
Great article phrantic
Wow I didn't calculate it out but even if gdhi had 100th of a percent of that, it would be 785 million dollars. Which equals $$$for shareholders.
The food industry in China is expected to generate an income of US$241.8bn in 2005 - a 325% increase in 8 years.
http://www.marketresearch.com/product/display.asp?productid=1186528&g=1
Sounds good to me. The company has their hands in many things right now
This gives a leg up on all the other competition that is trying to get this certificate!!
And you know we all want PROFITS!!
A great part of that one is "to create a trusted brand you must have enough control over your supply chain to deliver on your promise."
This is a good read about a law that the chinese was drafting last year about food.
http://english.peopledaily.com.cn/90001/90776/90785/6395666.html
Ahdio, which one is a better possibility, you dropping a million on this stock or Jackie Chan doing that movie? I'd take both!!
Come on ahdio, 1 million shares at a dollar a share. PLEASE!!!!
haha you first!!
I could just sell some of my other stock....
The five year JV agreement, which is estimated to generate sales revenue of 20 million helps with profits as well IMO
I wish my funds would clear already!!
Keep Wishing, today should be real interesting!
We wouldn't be under a dime
You sure do have some imagination.
Thats exactly right. I'd be proud to see that movie; heck I'd even go to the theatre and watch it.
That would definately be some great advertising for them!!!
As Will Smith says...."You are not alone"
HAHA I just did a search to see if it was, wow I could be blonde sometimes.
Hey ahdio you know you spelt "audio" wrong right? hahahaha
Lots and Lots of volume would be great.
GM, How do you think today will play out for us?
Does anyone know the date and time of next week's CC??
The Company today announces that it has entered into an exclusivity agreement with Kaffee Badilatti of Switzerland; under this agreement GDHI will distribute via its wholesale and retail distribution chains the gourmet coffee lines that Kaffee Badilatti offers. These fine coffee blends are a unique collection of Jamaican Blue Mountain, Kona Hawaii Captain Cook, Kopi Luwak, Galapagos San Cristobal, and a fine blend of Espresso coffees.
Hypermarkets – Hypermarkets have seen the fastest growth of any sector. International retailers are far stronger in this format than in any other. Useful statistics are difficult to come by, as chains tend to lump different retail formats together. This
being said, Carrefour appears to be the dominant player, although Lianhua and Hualian also have a large number of
hypermarkets. Carrefour added 14 stores in 2005 to reach an estimated total of 70, and plans to add 20 more in
2006. Many of the new stores are located in markets where Carrefour previously lacked a presence. Among international retailers, Wal-Mart is a distant second at 47 stores, but has
ambitious plans for expansion. As noted before, Wal-Mart has generally avoided markets that are already well-developed
Another significant part of that statement is where they said they will keep their shareholders INFORMED. Alot of companies out there don't do this, they are silent at all points in the process.
"It's an immense gratification to begin to release the highly anticipated details of our business strategies and alliances in the Asian Pacific Rim. The South Korean market has been on our radar for some time now; and we have finally found a partner in this area that has the experience, drive and commitment to market and sell our products in S. Korea. Now, we will have the presence without bearing the operating expense in opening a new emerging market." He concluded by stating, "As we forge this strategic alliance, and set forth our sales and operations plan we will keep our shareholders informed of this JV agreement in the months to come."
That sounds like ummmm FUN!!!
Maybe they can sell that for some great profits...
OH MY!!!!!!!!!! You guys crack me up!!!
Oh yeah definately
It looks like the company has the right target consumer. 1/5th of the world's population.
haha, I thought about it but I seem to trade with emotion sometimes and I know it helps to have a 3 day waiting period before I make a decision.
haha, mama always said i had a speech impediment hahaha
I will, on monday, funds take 3 days to clear, dang tdameritrade