PhilC... glad to be onboard with Savvy ones... as u probably know the other Mb booted me off too for unknown reasons but suffice it to say many folks are driven by other factors aside from the success of CAGR... PPS starting to move up now that the CAGR store officially opened last weekend... and still patiently waiting for my day in the sun and trust ur too! Just to pick ur brains a little bit... what's ur take on CAGR now based on RBR's updated list of accomplishments (link below for easy access & for others who might be interested) that u might be privvy to... tia bro & gltu! http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78825210

Whodis... here's some offical comments about NSS to add some fuel to the fire... (pros/cons)... btw Great job fending off the barbs from non-shldrs... really makes one wondr why they spend so much of their time here day-in & day-out spewing unsubstantiated gobbledygook... maybe bcos it's their job... ah-ha ha ha ha!!

Naked Short Selling and the Stock Borrow Program

In recent months, there has been a fair amount of media coverage of naked short selling, Regulation SHO and even DTCC’s role in that via the Stock Borrow program operated by DTCC subsidiary National Securities Clearing Corporation (NSCC). Because there has been much confusion about these issues, and much misinformation, @dtcc sat down with DTCC First Deputy General Counsel Larry Thompson to discuss these issues.

@dtcc:Let’s start with the question, what is naked short selling and why has it suddenly become an issue?

Thompson: Short selling is a trading strategy where a broker/dealer or investor believes that a stock is overvalued and is likely to decline. It is an integral part of the way our capital market system works. Basically, it involves borrowing stock that you don’t own and selling it on the open market. You then buy it back at a later date, hopefully at a lower price, and as a result, making a profit.
Naked short selling is selling stock you don’t own, but not borrowing it and making no attempt to do so. While naked short selling occurs, the extent to which it occurs is in dispute.

@dtcc: Just how big is the fail to delivers, and how much of those fails does the Stock Borrow program address?

Thompson: Currently, fails to deliver are running about 24,000 transactions daily, and that includes both new and aged fails, out of an average of 23 million new transactions processed daily by NSCC, or about one-tenth of one percent. In dollar terms, fails to deliver and receive amount to about $6 billion daily, again including both new fails and aged fails, out of just under $400 billion in trades processed daily by NSCC, or about 1.5% of the dollar volume. The Stock Borrow program is able to resolve about $1.1 billion of the “fails to receive,” or about 20% of the total fail obligation.
The Stock Borrow program was created in 1981 with the approval of the SEC to help reduce potential problems caused by fails, by enabling NSCC to make deliveries of shares to brokers who bought them when there is a “fail to deliver” by the delivering broker. However, it doesn’t in any way relieve the broker who fails to deliver from that obligation. Even if a “fail to receive” is handled by Stock Borrow, the “fail to deliver” continues to exist, and is counted as part of the total “fails to deliver.” If the total fails to deliver for that issue exceeds 10,000 shares, it gets reported to the markets and the SEC.

@dtcc: If the volume in the Stock Borrow program is so small, why are these companies suggesting it is a major issue?

Thompson: Frankly, we believe that the allegations are attempting to purposely mislead those who are not familiar with this program. A number of small OTCBB and so-called “pink sheet” companies have contended that this practice is driving down the price of their shares and driving them out of business.According to their own 10K and 10Q reports financial auditor’s disclosure statements, many of these firms have admitted that “factors raise substantial doubt about the company’s ability to continue as a going concern.” They have had little or no revenue, according to their financial reports, and substantial losses, for periods of seven or eight years. One of these companies has been cited for failing to file financial statements since 2001. Another has been cited by the SEC for press releases that misled investors on expanding business contracts that didn’t exist. They will do anything they can do that takes people’s attention off that kind of record, especially if they can convince a law firm to take the case on a contingency basis, which is what has happened.

whodis Share Tuesday, March 15, 2011 4:25:54 PM
Re: pantherj post# 40140 Post # of 40198

Sure it has. Per PinkOTC:
Quote:
--------------------------------------------------------------------------------
Significant Failures to Deliver Yes - Reg SHO
--------------------------------------------------------------------------------

and I already posted the totals so everyone can see how unconscionable the amount is for a security that is as thinly traded as GDHI is. If by saying
Quote:
--------------------------------------------------------------------------------
NSS has never been confirmed on this, or any other board
--------------------------------------------------------------------------------

you mean that I don't have a videotaped confession from NITE and their cohorts, then perhaps you are correct, Now I ask again but it's not brain surgery to connect the dots. SIGNIFICANT FTD'S = SHARES SOLD AND NOT DELIVERED = NAKED SHORT SHARES. This is confirmation enough for me., please post any VERIFIABLE evidence you have that these significant Fail to Delivers are anything BUT Naked Short sales. We have been waiting for you to do this for going on a year now!

posilock... it means we'll be able to breathe a sigh of relief soon... and not be subjected to their opinionated gobbledygook(not based on facts)... keeping fingers crossed that we'll see evidence of the buy-ins for the NSS taking place in a couple days and/or sooner!! Glta

... Here's the marketing concept alluded to in the CC about offering Brand named Premium Calif Wines (albeit limited in scope) but creating more excitement/knowledge of quality and percieved value about Premium California wines to the wine buffs in China more familiar with long established brands from France/Australia/Chile/Italy.

In order to make further inroads into the Chinese Wine Market it's possible Gdhi might be partnering with a California wine trading company exporting exclusively to China... like:

California-China Wine Trading Co,llc is the only exporter of premium Calif wine focused exclusively on selling its products in Mainland China. The wines exported by Calif-China Wine Trading Co are representative of all appellations and varieties of wine produced in the state. Napa and Sonoma Counties are well-represented, as are North Coast, Central Coast, and Central Valley wines. Additionally, while representative of the State, their wine selections are tailored to the particular tastes and demands of the Chinese market. These factors include color(red vs. white), taste profile, label and packaging graphics, and price point. The company is based in San Francisco, Calif with an affiliate office in Shanghai, China.

... Philosophy... Deep Market Knowledge and Expertise: Their key differentiating factors include their knowledge of the complex Chinese wine market, the complications involved in importing foreign products into China and the ability to conduct on-going business in China. They have developed a keen understanding of the unique attributes of the Chinese wine market, a market which is enormous in its potential, but young in terms of its development. They are constantly fine tuning and enhancing their knowledge and understanding of this dynamic and unique wine market. Additionally, they believe that their deep relationships with Calif wineries set them apart and benefit their customers and suppliers alike.

Superior Service and Focused Sales Effort... By maintaining an "on the ground" presence in China, they are able to operate as a true Sales and Marketing organisation there. They believe that wine must be Sold and Promoted. In particular, California wine is not well-known in China, and in order to successfully sell wine, their knowledgeable sales personnel take a customised approach to the sale of wines they carry. They intentionally carry fewer wines than many distributors or exporters so they can focus on the wines that they do sell. They believe that by limiting the wines that they sell, they can provide their customers more information about the wines and wineries and personalize the sales process. They believe that selling wine is also about selling an idea, a feeling, a notion, and their selected offerings allow them to convey these product attributes. This differentiates them significantly from other distributors and exporters who represent many wines from many countries, a circumstance that naturally limits depth in the sales process.

"Consumers worldwide are attracted to the state’s renowned cuisine, natural beauty and relaxed lifestyle, and these features go hand in hand with California wine," said Linsey Gallagher, Wine Institute's International Marketing Director. "We recently launched our global Discover California Wines branding campaign with print and multi-media materials that emphasize the California lifestyle."

Whodis... thnks bro 4 ur upbeat perspective on Gdhi promising future... up; up; & away!!

Re: UHT Milk exports from Utah alluded to in the CC (looks very promising & probably just a matter of inking the deal)... here're the findings(old news but still relevant):
From Deseret News archives:
UTAH MILK HEADED FOR HONG KONGPublished: Sunday, Dec. 24, 1995 12:00 a.m. MST
By Jeffery Hatch, Correspondent
Milk produced in Cache Valley - sterilized milk, no less - will soon debut on Hong Kong grocery store shelves, making it the first American-made milk to be sold there.
Logan-based dairy products manufacturer Gossner Foods announced last week an agreement between the Utah Department of Agriculture and government officials in Hong Kong to allow the company's UHT (ultra high temperature) milk to be sold through the British colony's chain of GrandMart club stores. "We're very excited to see our milk go to Hong Kong," Gossner Foods President Delores Wheeler said. "There are very few dairy products that are sterilized, allowing them to go around the world."

The first shipment of the UHT milk is scheduled to arrive at Hong Kong supermarkets in mid-January. Because of the milk's sterilization and packaging in light-resistant cardboard containers, it can be stored at room temperature for several months.
While GrandMart management wanted the milk from the start, Wheeler said, Hong Kong government officials were skeptical. She said they agreed to ink the deal only after eight months of negotiations, which saw several processing and packaging changes made to the milk before it could be shipped to Hong Kong. Labels had to be translated into Mandarin Chinese, and since the Chinese prefer their milk "unadulterated" by any additives, Wheeler said, milk bound for Hong Kong will bypass Gossner's standard process of fortifying UHT milk with vitamin D.

Though not the company's first foray into overseas exporting - Gossner milk is already sold in, among other areas, the Philippines and American Samoa - Wheeler said she hopes the deal with Hong Kong will help open other Pacific Rim nations, allowing her product to reach a population of nearly 3 billion people.

whodis Share Sunday, March 13, 2011 2:50:41 PM
Re: beachsideeddy2 post# 40089 Post # of 40090
No, there are 2 billion shres available should the need for additional funding arise. With the ever incresing profits, it is highly unlikely that 2 billion shares will need to be, or will be sold. What this does accomplish, however, is make the talk of any possible R/S a complete non issue.

No R/S, ever declining expenses, ever increasing revenues....... not any doubt in my mind where this one is heading..........UP!
Quote:
---------------------------------------------------------------------------------
there are now 2 billion more shares that need to be unloaded

pj... ur statements of 840 bottles of wine sales r incorrect... just a simple arithmetical error maybe as 700 cs x 12 bots/cs should be 8,400 bottles sold and NOT 840 as ur postings incorrectly stated below... this makes a huge difference as i'm sure u wud agree... it's only human to err! Btw u r correct on the big news of Gdhi Wine Sales in 10 days... astounding!! lol

Wine Factoid: 700 cs x 12 bots/cs = 8,400 bots (not 840 ) so assuming Gdhi sold a case of wine for US$135 x 700 cs = US$94,500 @ 20% G/Profit = US$18,900

P.S. Frank continues to do a great job and will get us to the promise land eoy 2011 albeit slowly but surely and contrary to ur dire prediction!

P.P.S. Reposting necessitated to comply w/Ihub rules... sorry!

pantherj Share Thursday, March 10, 2011 8:33:40 PM
Re: BakerBoy post# 40007 Post # of 40040

Yippee! So the big news is GDHI sold 840 bottles of wine in 10 days? Astounding!! lol

pantherj Share Friday, March 11, 2011 1:12:34 AM
Re: A deleted message Post # of 40041
Yada, yada, yada. Last year frankie promised to be profitable in 2010. He didn't come close. now he says cash flow positive by the end of the year. One excuse after another.
Last year's big deal, BK chips are no longer in ... and selling 840 bottles of wine spread out over 1,000 stores in 10 days is no better than spitting in the ocean.
Here are some figures for you to chew on; During the 10 days it took to sell 840 bottles of wine, farnkie sells, on average, 32,000,000+ shares. But then, that's his business, selling shares ... and he does quite well at it.

PhilCheeze... totally agree w/ur assessment Gdhi pps in the doldrums until next week when Finra new rules mandate Ftd's must cover with buy-ins... can't wait to see the explosive action anticipated before the 13th day deadline... nonetheless dh & his alter ego 'll be nosho at CC as usual... glta longs!

P.S. China factoid:
China unexpectedly reported a $7.3 billion trade deficit in February compared to a $6.5 billion trade surplus in January. The deficit was the widest in seven years.

PhilCheeze Share Wednesday, March 09, 2011 10:13:47 PM
Re: dh30067 post# 39937 Post # of 39964
With the float tied up as it is, short covering is only possible if longs sell their shares. Guess what? Nobody is selling their shares thus Shorts cannot cover. Should get very interesting a week from tomorrow when 13 days is up and a mandatory buyin is required by the new Short rules. Let's chat next Friday. See you tomorrow on the conference call.

Nice to hve some Peace & Quiet for a change... it's a good thing!(Calm before the Storm as Alyssa says!)... the naysayers r going to need it to plan their strategy as it's going to be one-HELL-of-a-STORM & nowhere to hide jmho & most longs too! Watch & learn

P.S. Kudos 2 u Codester 4 ur poetic inspiration & aspirations

Here's the latest news that bodes well for Gdhi... opening doors for more American Foods albeit slowly but surely...

Obama to Name Locke as China Ambassador
WASHINGTON — Commerce Secretary Gary Locke is getting a new assignment: President Barack Obama plans to nominate him to become the next U.S. ambassador to China, making Locke the first Chinese-American to hold that post.
An announcement was expected as soon as Tuesday, two administration officials said. They requested anonymity to speak freely before Obama makes the nomination official.
Locke, 61, is the first Chinese-American to serve as commerce secretary, and the Commerce Department said he would likewise be the first Chinese-American ambassador to China. Locke's father and grandfather were born in China and settled in Washington state after emigrating to the U.S.
In an interview with The Associated Press on Monday, hours before the news of his nomination began to spread, Locke touted the economic relationship he has helped build between the U.S. and China.
He said U.S. exports to China increased 34 percent last year.
Obama sees boosting U.S. exports as a way to save and create jobs in an economy that is slowly coming out of the worst downturn in a generation. He has set a goal of doubling within five years the amount of American goods that are sold to other countries — an effort in which Locke has been a key cheerleader.
Despite the administration's increased pressure on Beijing, the U.S. trade imbalance with China reached an all-time high last year — $273.1 billion.
Locke said China is becoming more accessible to U.S. companies, though that progress has been slow in coming.
"We in government and the business community want more and faster progress," he told the AP. "There's still a long way to go."
Locke said that in areas such as intellectual property rights, the U.S. needs to "keep the Chinese accountable" and "constantly monitor them, and let them know that we're not just going to accept their assurances."
As the son of Chinese immigrants, he is held in high esteem in China.

PhilCheeze... The pressure is on the MM(s)/Hedge Fund(s) to cover their huge naked shorts(FTDs)... and the naysayers will try all the tricks in the book to make u believe otherwise{Recap of PhilCheeze msgs as follows:}

ilovestocks85... ur timing 4 buying in at these price levels coudln't get any better (but the naysayers wud disagree of course) imho we're on the verge of breaking out to higher pps... assuming the impending news to be announced in CC on 3/10 will be the catalyst to propel us upwards in addition to the short coverings mandated to be in compliance with recently SEC changes in rules requiring them to buy-in before the 13th day deadline falling on 3/13... also recommend u read PhilChez link below... gltu & look forward to welcoming u aboard!

ilovestocks85 Share Friday, March 04, 2011 1:49:51 PM
Re: None Post # of 39834

anything i should know about this stock?

click on link: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59533172

PhilCheeze... & piggybacking on ur msg is the following info:
WSJ Blogs
MarketBeat
February 24, 2010, 6:15 PM ET
New Short Selling Rules … Explained!
•Article
By Matt Phillips
“For the Love of God Can Someone Please Explain … the new short selling rules.”
We’re glad you asked.
On Wednesday the SEC voted 3-2, along party lines, to approve new rules to reign in short selling on individual stocks.
For our money, delving into such technical minutiae is best handled in Q&A style.
As such, we’ve imagined the following spirited repartee:
Q: What’s new about what the SEC approved Wednesday?
A: There are a couple new elements to the rules. One element is essentially an updated version of the uptick rule. The second is a new “circuit breaker” component.
Q: Whoa, I’m already lost. What’s the uptick rule, again?
A: This was a rule — created during the Great Depression — that said traders could only sell a stock short after it rises, i.e. an uptick. The rule was abolished in July 2007. But as the markets tumbled in 2008, there was a general clamor to bring back the uptick rule. The SEC wrote up some proposed rules, asked for comments about it and after reviewing them voted on the new rules today.
Q: Ok, so what’s different about the new uptick rule versus the old uptick rule.
A: Under the old rule, you could short sell at a price above the last trade price, or after the last price was higher than the previous price. Under the new rule, you wouldn’t be able short unless someone was willing to buy it for more than the national best bid. (That is, for a higher price than anyone is currently offering to pay.)
Q: It seems like it’d be hard to find someone willing to pay more for a stock than they have to.
A: It probably would be. That’s the idea. This is supposed to be a curb on shorting.
Q: What’s the advantage of using the best bid versus the last uptick?
A: The SEC says “among other reasons, we believe that bids generally are a more accurate reflection of current prices for a security than last sale prices due to delays that can occur in the reporting of last sale price information and the manner in which last sale price information is published to the markets.”
Q: Ok, got it. Can’t short unless you can get someone to pay more than the current best bid for the stock.
A: That’s only part of it. The second part is “circuit breaker” element.
Q: Oh yeah. What’s that?
A: That part of the rule says that the shorting curbs come in when a stock’s price falls 10% from the previous day’s close.
Q: For how long?
A: For the entire day in which the shares fell below 10 percent and for the following day.
Q: How many stocks is this going to effect?
A: The rule will apply to stocks that are listed on exchanges and traded over the counter. The SEC estimates that about 1.3% of stocks would hit that 10% barrier on any given day, according to Dow Jones. Of course that would likely go up during times of major market stress and volatility, such as the kind we’ve seen over the last couple years.
Q: Wow. It’s certainly refreshing to have such a concise and pithy explanation of such as dry topic. A tip of the cap to you, good sir.
A: No worries, we aim to please.

–Special thanks to Stanford University professor of finance Darrell Duffie for walking us through some of the finer points of the new rules.

littlerichie & himotephe... cudn't agree w/u guys more... it just seems unfair & jmho that the criteria used in their decisions are definitely biased in their favor even though they don't own any Gdhi shrs... u can bash Gdhi all u want without consequences but the bashers themselves are absolved from any wrongdoing...
Why?... it certainly defies logic & smells fishy!

P.S. "Remember this also, you hve to be in it to WIN it" and when The Golden Dragon stirs from its slumber it'll terrorise the shorts & set Gdhi'ers free from this dilemma!

Willi1... thnks 4 ur perspective on the state of Gdhi & ur right ... why 2nd guess Frank when anyone with doubts can question him in CC 4 everyones' benefit... but those that make the most noise on this mb won't hve the balls 2 do so imho bcos they don't get credits($$) 4 attending CC & besides if ur not a shldr what's the point! Agree w/PhilCheese Frank will not disappoint in bringing value to shldrs as... "they plan to maximise the existing distributiuon network to focus on their bottom line. I believe we are going to see the company go positive with cash flow by end of Q1(end of this month).
By summer, the company Will be in a better position to buyback shares and uplist to a higher exchange. Frank will be speaking with us soon and it is my feeling things are better than many here know."

JOKOLAHD3... nice dd bro! "The-New-Rules-Will-Cause-Panic-For-Shorts" 3 Laws in play opening market tomorrow will see the shorts dreaded "short-squeeze" come into play... Gdhi longs remember it's time to make them pay the piper and keep your prices high out of their greedy hands... Glta & GO GDHI GO!

... PhilCheeze... ur right on the money bro!... never mind the senseless/ridiculous naysayers jargon... as so far they're unable to prove that Gdhi's a scam and r clueless about Frank's intentions 4 building an American Food conglomerate in a far away foreign market that will soon become the largest food consuming nation in the world... just mindless inuendos & mumbo jumbo & theories that r a fiction of their weak imagination. Nonetheless, Gdhi'ers will remain steadfast & strong till The Golden Dragon awakes from its slumber to terrorise 'em & bring some sanity to their way of thinking!

TeddyR... Congrats Bro! u've joined the Gdhi-Elite Club members of long standing... gltu on filling ur next purchase order in a timely manner.

P.S.... thanku bro! common sense amongst most Shldrs dictate & tell us ur right on... never mind the unfounded bashing that permeates this board day-in & day-out and the fact that they do not even own shares in GDHI is a clear signal of their intentions...just hit the IGNORE button... that's all!

p.p.s. THE GOLDEN DRAGON HAS TAKEN A FEW STEPS(albeit BABY ones!) & WE'RE OVERJOYED BUT WAIT TILL SHE STARTS TO RUN SHLDRS'LL BE SOOOOOOOO PROUD...IT'S JUST A MATTER OF A BIT MORE TIME BEFORE LONGS'LL BE REWARDED EN MASSE!

RustyBRanch... Congrats bro! Did u fill on placing "limit order"AON @ 0.0004 anyways it usually fill when an order is placed this way when buying before... good job pulling that trigger... now let's wait for The Golden Dragon to stir from its slumber when
it's time to terrorise the noisemakers... Lolzzz!

P.S. ...thanku bro! common sense amongst most Shldrs dictate & tell us ur right on... never mind the unfounded bashing that permeates this board day-in & day-out and the fact that they do not even own shares in GDHI is a clear signal of their intentions...just hit the IGNORE button... that's all!

p.s. THE GOLDEN DRAGON HAS TAKEN A FEW STEPS(albeit BABY ones!) & WE'RE OVERJOYED BUT WAIT TILL SHE STARTS TO RUN SHLDRS'LL BE SOOOOOOOO PROUD...IT'S JUST A MATTER OF A BIT MORE TIME!

RustyBRanch... Welcome aboard the Gdhi-train once more (last msg got wiped out) & gltu 2 in pulling the trigger 4 more shrs... albeit tough to get 'em but worthwhile waiting bro! As u know, the noise level here is becoming ridiculous & unbearable but we must knuckle down & hang on to our shrs and not let the noise level bother us too much... all longs aboard hve done our DD & we'll remain steadsfast & strong till The Golden Dragon awakes from its slumber to terrorise the noisemakers
GO GDHI GO!!!

... Alyssa... Thnks for taking the proactive approach by emailing Frank to rectifying these inconsistencies and/or typos (as per dh msg reprintd below) and wud appreciate ur posting the explanation for the difference of $101,972 i.e. the difference between the correct total of $488,650 and the stated amount of $386,678 However, regardless of the outcome the main point is the fact that shareholders EQUITY is POSITIVE $386,678... again kudos to EXL post #39170

p.s. Still limited to 1 post/day... bye!

Alyssa Share Thursday, February 17, 2011 11:55:19 AM
Re: EXL post# 39170 Post # of 39192

Thank you, EXL, for pointing out the fact that shareholders' equity is POSITIVE $386,000, not negative.

I am going to email Frank to see if he can correct that typo and a few others.

Thanks for your excellent post.
:)

dh30067 Share Thursday, February 17, 2011 11:46:16 AM
Re: None Post # of 39197

From page 13 of GDHI's year end financial report. The middle section titled "Stockholder's Deficit" lists four figures

$2,853,835 Common Stock
$301,971 Additional Paid in Capital
($100,307) Net Income
($2,566,849) Accumulated Deficit
------------
$386,678 Total Stockholder's Deficit

However the above figures add to $488,650 and appear as equity (positive) not a defict as reported.

Seriously???? Who prepared this worthless report????

...PHILChez... please click on this "Consignment Partnerships" link below & let us know if this cud be a solution for Gdhi to effectively reduce their operational costs of carrying an inventory for resale to customers... Tia bro 4 ur valued opinion & participation on this forum.



http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59857676


P.S. THE GOLDEN DRAGON HAS TAKEN A FEW STEPS(albeit BABY ONES!) & WE'RE OVERJOYED BUT WAIT TILL SHE STARTS TO RUN SHLDRS'LL BE SOOOOOOOO PROUD!!! JUST A LITTLE MORE TIME/PATIENCE & LONGS'LL BE REWARDED SOON. GO GDHI GO!

btrjr.. totally agree with ur opinions outlined in points 4) & 5) hereunder (click on immediate link below for more details) and would go even further to suggest that "Consignment Partnerships" { see excerpts below & link for complete details } might be the logical solution to overcoming these shortcomings... would appreciate ur feedback (time permitting) on this suggestion if u think its workable...Tia!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59639467


4) I think the business model has to change from owning and selling the inventory of F&B products to capitalizing on the logistical and distribution solution it has created. What I mean here is currently GDHI is purchasing products, requires a lot of $$ and then selling the product to get more money to buy more. Because the time between initial shipment of product to receiving payment for those product after they have been sold can be up to 6 months they need to have a sizable amount of capital on hand to really grow this business.

5) Instead of owning the inventory I think it would be better if they develop partnerships with F&B companies where GDHI pays for the logistical transportation of the products but not the inventory. Once product is sold then GDHI retains their portion of the sales and credit the owning companies of the products sold. This model allows GDHI to have a significant amount of inventory that they could sell without having to invest/risk a lot of money in owning the inventory.

{ Excerpts of "Consignment Partnerships & link for more details below }
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59684050

Consignment Benefits
Reduction or redeployment of personnel
Reduction of transaction costs
Reduction of handling costs
Reduction of insurance costs
Reduction of inventory taxes
Vendor consolidations
Reduction of interest costs
Elimination of opportunity costs
Elimination of stockouts
A primary objective of consignment is to reduce the customer’s cost of carrying inventory. This includes the cost of money, shrinkage, taxes, handling and storage. Typically, these handling costs range from 18-30% of the average inventory value.
Additional benefits to the customer include: { click on link above for complete details }

pj... wrong again w/ur negative take... here's a more realistic one... ... Re: PhilC/mmel DD ... 100% agree! However, let me reiterate my point the new Snack Food line will contribute to the bottom line... this could drastically reduce the need for funds generated by other means that would put a damper on pps appreciation... here's reprint of an earlier msg 4 ur perusal:

... and the propelling force fuelling this optimism will be the statements previously made as follows:

Quote:
-------------------------------------------------------------------------------------------------------------------------

China's savory snack sector is the fastest growing sector in the food industry, overall on average Chinese consumers spends 9% of their total grocery bill on snacks. Mr. Eddie Gao, Director of Operations, stated, "We are honored in having the opportunity to distribute and represent such a high quality snack line. This will be a perfect fit in our existing distribution chain." Additionally Mr. Frank Yglesias, CEO, stated, "Our goal is to start maximizing sales revenue in the community store arena;

... Snack food sales guesstimates(revised lower figs*) for Q4 = Net Sales $555* Gross Profit $111*
N.B. ... (figs in '000s) & Gross Profit (est. @ 20%)
... Click on link to see data for above:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59305457

Quote:
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PhilCheeze Share Sunday, January 30, 2011 3:52:41 PM
Re: melliemel post# 38267 Post # of 38269
Very well said. Your DD is right on the money. With the news that Frank is distributing more products now rather than owning the inventory upfront will help to expedite the revenues and profits.
The distribution of chinese manufactured products will enhance the bottom line in a more timely fashion as well.

P.S. Click on link for recent PR about distributing 20,000 sku's from a major F & B USA distributor with the help of the USDA ATO Office:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58714897

Quote:

pantherj Share Thursday, February 10, 2011 9:56:42 PM
Re: CADMAN post# 38565 Post # of 38574

What? GDHI has an abysmal business plan. A supposed 1,000 stores and they can't even come close to break even or get a glimpse of a light at the end of the tunnel. There aren't even any shipments of products on the seas, so what are they going to sell?
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TOTAL SHRS HELD = 865,847,000 (see data below which only includes major shldrs with 6 millon + shrs per Zouf Chart)

C O N G R A T S... ALL LONGS FOR HOLDING STRONG...

Re: RollCall for all big shldrs to confirm their holdings to refute pj assumption that " u hve already sold."



P.S. "Play safe but also remember u hve to be in it to WIN IT!"
P.P.S. Still in Ihub detention... allowed 1 post per day... bye!
Quote:


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pantherj Share Saturday, February 05, 2011 11:14:27 PM
Re: whodis post# 38395 Post # of 38410
I think a great # of big shasreholders have already sold. And, what you will be treated to, just after any reverse split , will be a number of "old time" share holders coming back to the board, saying how "sorry" they feel for those of you caught in the trap and thanking their lucky stars that they were able to get out when they did. That's the way it always happens. There are no exceptions. Its their way of gloating and clearing their conscience at thesame time. GLTY


... All numbers in thousands...

(1) Alyssa #16,680; (2) asarkiss #3,850; (3) BakerBoy #78,000; (4) CADMAN #3,000; (5) cauto60 #2,650; (6) farsue #50,813; (7) grimey 500;
(8) herbieholt57 #7,750; (9) hopie #8,650; (10) jacksonBlue #3,000; (11) kabugu #38,500; (12) Layloss #5,300; (13) peteranja #6,000; (14) PhilCheeze #95,000; (15) reblt52 # 5,000; (16) StockLife #1,000; (17) willie1 #8,340; (18) zohn51 #5,650
... Sub-Total (1st Group reporting) = #339,683

(1) BigTony1 #5,000; (2) Dragon 5 #95,000; (3) ferris68 #1,600; (4) gotch #1,900; (5)+ LoanGuy #5,500; (6) myriade #8,000;
(7) + PennyTrading Rules #42,000; (8) Porkchopranch #93,000; (9) STET20 #4,200; (10) StevenW #38,000
... Sub-Total (2nd Group reporting) = #294,200
{ (5)+ LoanGuy & (7)+ PennyTrading Rules to report higher #'s }

(1) 888888 #13,900; (2) 10stars #9,230; (3) bjayathome #6,500; (4) Codesters #16,500; (5) DaxTrax #21,208; (6) dshade #9,000;
(7) Emperorjohn #13,814; (8) hanglong #6,800; (9) Ichimoku #3)6,000; (10) itza65 #20,000; (11) JosH #12,200; (12) nh2nc #6,400;
(13) pennypicker99 #10,280; (14) PHATCAT #8,700; (15) pleepleus #6,500; (16) posilock #7,000; (17) RoPa #10,000;
(18) stocktradergeezer #17,932
... Sub-Total (3rd Group as previously reported by Zouf Chart... subject to confirmation) = #231,964

--- Rules of engagement for Consignment Partnerships... cud this work 4 CFSC (Gdhi)...???... Open forum 4 savvy comments! (Pros & Cons)

Consignment is not easy although consignment customers may think so. However, you can make it easy because of your years of experience, expertise and support from your IT department. Consignment requires organizational change and, in some cases, physical plant changes. Cultural transition barriers can extend the process. Sustaining the continuous improvement philosophy of consignment is critically dependent on organizational transition.

Implementation of consignment requires a plan, an implementation team, a commitment from both parties and staying power to build a partnership seeking continuous cost savings. How do you know if consignment is right for a particular account?
First, determine which accounts may or may not be eligible for consignment. At a minimum, you should consider the following:

Financial stability. Since consignment involves the physical transfer of inventory to your customer’s location before he has paid, you should be sure that he will remain solvent throughout the program. Financial reports are the preferred method of validating stability.
Minimum level of revenue desired. This needs to be determined to justify the investment not only of inventory, but of other resources to manage the program.
Minimum volume level on items. The consignment program involves a level of overhead that may not be supportable on low turnover items.

Integrity of customer. No matter how thorough your consignment agreement, all such programs involve a high level of trust between parties. How easy are they to do business with?
It is very important, then, to complete a diagnostic review. The diagnostic review, initiated by your sales support team, is the first step in preparing for consignment. The review involves your entire organization and represents a complete and thorough assessment of the customer’s current operating environment. It provides the base of reference for all future consignment activities. It is primarily a data collection and operational analysis effort which defines the consignment opportunities and the challenges that must be met for implementation. It includes an assessment of:

Operations
Material Flow
Material Storage
Organization
Market Requirements

The diagnostic review results in a thorough understanding of the barriers, constraints and opportunities to implementing the consignment partnership. It provides the baseline for assessing improvement opportunities and for developing the consignment strategy. Failure to perform the diagnostic review significantly reduces the probability of success for consignment implementation. This can often negate any cost savings generated by the concept itself.

Once an account is determined eligible and the diagnostic review has been completed, further development of the rules of engagement include:
Minimum turn rate
Number of items to be consigned
Stocking location
Who will do the count
How damaged goods will be handled
What the replenishment cycle will be
What the billing procedure will be
What the billing cycle will be
Other criteria that is specific to the customer in question should be added to this list.

JIT on Steroids
Consignment partnerships act like Just-in- Time programs on steroids. They provide all the benefits of Just-in-Time without the high transaction cost, purchasing management stress and risk of stock outs.
It is extremely important to get as much specific information as possible directly from the customer. When you do your “cost savings analysis” and your “price is not the same as cost demonstration,” you will face less of a challenge if the bulk of your information comes from the customer, thereby increasing their perceived accuracy of your assumptions. (To request an example of these tools, send us an email at Info@CEOStrategist.comInfo@CEOStrategist.com ).

The following information is critical to the success of your sales presentation. Your objective is to get as much accurate information as possible from the customer. That information should include:
Average volume of purchases on items being considered for consignment
Average inventory of purchases on items being considered for consignment
Average number of turns on items being considered for consignment
Average cost per transaction (Customer generally doesn’t know the answer to this one, but use whatever number he guesses. Industries average between per transaction to as high as per transaction.)
Annual average inventory write-offs
Cost of cycle counting
Cost of annual physical inventory including reconciliation
Number of stock outs per year and cost of a stock out

If your customer can’t answer these questions, try to help them come up with their best guesstimate before you resort to using industry estimates. The idea is that it is difficult for the customer to challenge a number that they created.

Consignment Benefits

Reduction or redeployment of personnel
Reduction of transaction costs
Reduction of handling costs
Reduction of insurance costs
Reduction of inventory taxes
Vendor consolidations
Reduction of interest costs
Elimination of opportunity costs
Elimination of stockouts

A primary objective of consignment is to reduce the customer’s cost of carrying inventory. This includes the cost of money, shrinkage, taxes, handling and storage. Typically, these handling costs range from 18-30% of the average inventory value.
Additional benefits to the customer include:
Flexibility
Material is always in stock at no cost until the material is released for production. Quantities available can be altered to meet peak demands as well as downturns.
Reduction of dollar investment in inventory
Consignment partnership provides an alternate use of capital and customers will not be invoiced for material until released for production. It also provides emergency safety stock for production with no inventory investment cost.
Shorter lead times
Normal lead times would be approximately 1-2 days, however, the consignment partnership eliminates lead time as material is always in stock and available at the customer’s plant.

Assures growth opportunity
Consignment partnerships provide the availability of consistent quality. Quantities and pricing are not subject to restrictions based on changing market conditions. Consignment partnerships enable us to effectively manage the supply chain, thus ensuring the lowest total cost.

Pricing
Pricing will be consistent regardless of quantity used. (No Extras) The price for one item is the same as the price for 100 items.

Vendor reduction
Reducing the number of vendors, consolidating sizes, parts, communication and administration can contribute to overall cost reductions – substantial reduction in debits and credits.

General
The intent of this program is designed to offer overall cost reductions, flexibility in scheduling, improved cash flow, reduction in inventory and investment, assured growth opportunities and to enhance long-term vendor relationships.
This results in the true meaning of partnership, a win-win relationship. A customer may ask the question, “How can you provide all these services without charging a substantial premium on pricing?” The answer is simple. Consignment is a partnership that provides benefits to both parties. Your benefits as a supplier include:

Locking out competition
Better control of inventory
No warehouse space required for growth
Regularly involved at customer location
First chance at new opportunities
Hard to cancel – hard to duplicate
Customer becomes supplier dependent
Free storage space at the customer’s facility
Happy Ending?

We started this article in storybook fashion. Consignment may sound like the “Knight in Shining Armor,” the “Magic Bullet,” or the answer to cracking your toughest challenge. Be cautious. Not every story has a happy ending. You can hurt yourself with consignment. Consignment is a serious program that requires serious investment of assets and resources. Make sure you do your homework in the beginning. Consignment is not right for every account. It should be the exception, not the rule. But, if it’s done right, it can be the “Knight in Shining Armor.” So, if you’ve done your homework and all the pieces fall into place, go for it. And, when that purchasing agent says to you that he’s happy with his current suppliers, don’t be afraid to look him in the eye and, without cracking a smile, reply very slowly…“Maybe that’s because you have set your expectations way – too – low!”

Re: RollCall for all big shldrs to confirm their holdings to refute pj assumption that " u hve already sold."

Please confirm by giving ur name & # Shrs... as per:

Farsue: #50,813,000

P.S. "Play safe but also remember u hve to be in it to WIN IT!"

P.P.S. Still in Ihub detention... allowed 1 post per day... bye!

Digra Ive: Here's the info u requested and contrary to ur belief that Gdhi Q4 is overdue and/or late in their financial disclosure... u can clearly see from the PS guidelines stated hereunder Gdhi is allowed 45 days after the end of each Qtr so that allows them until Feb 14th to be in compliance and maintain its PS Current Information Status.

P.S. Hang in there bro... just a few more days before we hear some good news! Here's a link to PhilChez msg that'll give u a more positive outlook about Gdhi future possibilities... click on link:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59533172

....
Under PinkOTC markets guidelines, the company is required to publish quarterly updates to its disclosure statements no later than 45 days after the end of each fiscal quarter to remain as a PS "Current Information" categorized company. GDHI intends to meet these requirements, which the board of directors believes will be a positive step in establishing policies and procedures that will guide and provide a roadmap in the company's transition to an SEC fully-reporting entity on the Over-the-Counter Bulletin Board (OTCBB) in the future.

Copy of the Attorney letter can be viewed on the following link: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=39111

Mr. Frank Yglesias, CEO, stated, "The Board of Directors and its Officers believe that one of the fundamental foundations for the success of the Company is to maintain its PS Current Information Status. Our transparency and our financial goals, combined with our hard work, vendor support, shareholder confidence and the Chinese market for safe, wholesome imported US food and beverage products, will be the core foundation for the success of the Company."

... { MUST READ } PhilChez Comphrehensive Recap of CFSC (Gdhi) business growth/accomplishments to date... reprintd 4 ur perusal!

pj... wrong again w/ur negative take... here's a more realistic one... ... Re: PhilC/mmel DD ... 100% agree! However, let me reiterate my point the new Snack Food line will contribute to the bottom line... this could drastically reduce the need for funds generated by other means that would put a damper on pps appreciation... here's reprint of an earlier msg 4 ur perusal:

... and the propelling force fuelling this optimism will be the statements previously made as follows:
Quote:
---------------------------------------------------------------------------------------------------------------------

China's savory snack sector is the fastest growing sector in the food industry, overall on average Chinese consumers spends 9% of their total grocery bill on snacks. Mr. Eddie Gao, Director of Operations, stated, "We are honored in having the opportunity to distribute and represent such a high quality snack line. This will be a perfect fit in our existing distribution chain." Additionally Mr. Frank Yglesias, CEO, stated, "Our goal is to start maximizing sales revenue in the community store arena;

... Snack food sales guesstimates(revised lower figs*) for Q4 = Net Sales $555* Gross Profit $111*
N.B. ... (figs in '000s) & Gross Profit (est. @ 20%)
... Click on link to see data for above:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59305457

Quote:

----------------------------------------------------------------------------------------------------------------------------
Codesters Share Thursday, January 27, 2011 11:48:28 AM
Re: Alyssa post# 38180 Post # of 38241
It is a great improvement, yet not to bring doubt, Frank is going to be campaigning and promoting all year at F&B shows and conventions. I believe that this Q4 has been a substantial huge gain for GDHI but only to be quelched by a new payroll for the new Executives, its OK. This will be another low pps year, but this year there will be highers sales but low profits after payroll & promotional expense. I expect by mid or late next year where we can see a slight change, But the only way a change can be is with minimum 2,500 stores. 1,000 stores is not enough to turn over sales + profit. Didnt one PR release say Vanguard has 4,600 store for Frank to Market in? That would be great 6.6K store!

PhilCheeze Share Sunday, January 30, 2011 3:52:41 PM
Re: melliemel post# 38267 Post # of 38269
Very well said. Your DD is right on the money. With the news that Frank is distributing more products now rather than owning the inventory upfront will help to expedite the revenues and profits.
The distribution of chinese manufactured products will enhance the bottom line in a more timely fashion as well.

... Re: PhilC/mmel DD ... 100% agree! However, let me reiterate my point the new Snack Food line will contribute to the bottom line... this could drastically reduce the need for funds generated by other means that would put a damper on pps appreciation... here's reprint of an earlier msg 4 ur perusal:

... and the propelling force fuelling this optimism will be the statements previously made as follows:
Quote:
-----------------------------------------------------------------------------------------------------------------------------

China's savory snack sector is the fastest growing sector in the food industry, overall on average Chinese consumers spends 9% of their total grocery bill on snacks. Mr. Eddie Gao, Director of Operations, stated, "We are honored in having the opportunity to distribute and represent such a high quality snack line. This will be a perfect fit in our existing distribution chain." Additionally Mr. Frank Yglesias, CEO, stated, "Our goal is to start maximizing sales revenue in the community store arena;

... Snack food sales guesstimates(revised lower figs*) for Q4 = Net Sales $555* Gross Profit $111*
N.B. ... (figs in '000s) & Gross Profit (est. @ 20%)
... Click on link to see data for above:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59305457

Quote:

----------------------------------------------------------------------------------------------------------------------------
Codesters Share Thursday, January 27, 2011 11:48:28 AM
Re: Alyssa post# 38180 Post # of 38241

It is a great improvement, yet not to bring doubt, Frank is going to be campaigning and promoting all year at F&B shows and conventions. I believe that this Q4 has been a substantial huge gain for GDHI but only to be quelched by a new payroll for the new Executives, its OK. This will be another low pps year, but this year there will be highers sales but low profits after payroll & promotional expense. I expect by mid or late next year where we can see a slight change, But the only way a change can be is with minimum 2,500 stores. 1,000 stores is not enough to turn over sales + profit. Didnt one PR release say Vanguard has 4,600 store for Frank to Market in? That would be great 6.6K store!

PhilCheeze Share Sunday, January 30, 2011 3:52:41 PM
Re: melliemel post# 38267 Post # of 38269

Very well said. Your DD is right on the money. With the news that Frank is distributing more products now rather than owning the inventory upfront will help to expedite the revenues and profits. The distribution of chinese manufactured products will enhance the bottom line in a more timely fashion as well.

China Plans To Create The World’s Largest City
WOW! .. . with the USDA ATO Office campaigning to stimulate the US economy by promoting US Food products in 1st & 2nd tier cities in China with Gdhi's expertise inside this new megalopolis which includes the cities of Guangzhou & Shenzhen the 3rd & 4th largest cities of China with a total population of over 20 million people... the potential could be limitless
Quotes: (reprintd from recent PRs)
(1st)
We have partnered with one of the largest F&B distributors in the US, we will be offering consolidation services to 1st and 2nd tier cities in China. The USDA ATO Office has embarked on a campaign to stimulate the US economy by promoting US Food products in 2nd tier cities in China, we will be working with them to offer more than 20,000SKU's of US products to these areas. I will be personally embarking on a 15 city tour in 2011 to negotiate with local distributors and retailers, the products and services we know have to offer with our new partners. Additionally we will be rolling out a private label program for the top supermarkets chains in China.
(2nd)
China Food Services, Corp. will be attending the 15th China (Sichuan) Chinese New Year 2011 New Year Shopping Festival January 15 to 30 in Chengdu, China. The company will be debuting its new line of products "Full Circle ™" USDA Organic products in this event at the US Pavilion. ...

China Plans To Create The World’s Largest City
By Jetpacker at The Jetpacker
Wed Jan 26, 2011 10:00am EST

With a population of more than 1.3 billion the Chinese aren’t really known for doing things on a small scale. So it should come as no surprise that China plans to create world’s largest city.
What is a surprise, however, is just how big.

This new megalopolis will cover over 16,000 square miles. That makes it 26 times bigger than the Greater London metropolitan area and twice the size of the entire country of Wales.
It will be home to 42 million people, which means if this city was its own country, it would effectively replace Argentina as the 32nd largest country in the world.
Sounds like an ambitious plan, but we’re only six years away from seeing it realized. That’s because this mega-city already exists… sort of.

The idea is to merge all nine cities around the Pearl River Delta (under the aptly-named plan, “Turn The Pearl River Delta Into One”) and connect them via power and water, telecommunications networks and 29 new rail lines.

That includes the cities of Guangzhou and Shenzhen, which are the second and third largest cities in China, with populations of 11.7 million and 8.9 million, respectively.This new city hasn’t been named yet, but we t
hink Kung Wow That’s A Lot Of People is fitting.

By Malcolm Moore in Shanghai and Peter Foster in Beijing 12:21PM GMT 24 Jan 2011

Codesters... agree with most of ur points but only on the more optimistic points underscored in ur message below... and the propelling force fuelling this optimism will be the statements previously made as follows:

... Snack food sales guesstimates(revised lower figs*) for Q4 = Net Sales $555* Gross Profit $111*
P.S. ... (figs in '000s) Gross Profit (est. @ 20%)

N.B. Stat Guidelines used to determine above estimates:
1) current minimum wage in Beijing @ Cny 1,160 @70% = Cny 812

2) monthly pension(enterprise retirees) @ Cny 2,268 @30% = Cny 680
Total(avg wages * incl middle class incomes) = Cny1,492 + 70%* = Cny2,536* or US$385*
@ exch Cny6.58 = US$1

3) est population in Beijing (city & surrounding areas) @ 25* million people

4) avg Chinese consumers spends 9% of their ttl grocery bill on snacks, so using conservative lower fig. of just 3*%
times
(est. 5% of 25* million consumers) equals Net Sales $14.44* million (US$11.55* x 1.25* million) annually. Therefore, weekly Net Sales equals US$277,644 *

5) Since Gdhi Chinese Snack Food line agreement was on 12/07/10 will report Q4 sales of the full Snack Line(incl BK Chips) for 2 weeks in December 2010 only or US$555,288 * (i.e. US$277,644* x 2)

China Food Services, Corp.: Distribution Agreement With Fu Di Shi Pin You Xian Gong Si
BEIJING--(Marketwire - 12/07/10) - China Food Services, Corp. (Pinksheets:GDHI - News), Under this agreement, GDHI will distribute more than 20SKU's of Fu Di Shi Pin snack product line to the 1,000 retail stores under the company's distribution chain. China's savory snack sector is the fastest growing sector in the food industry, overall on average Chinese consumers spends 9% of their total grocery bill on snacks. Mr. Eddie Gao, Director of Operations, stated, "We are honored in having the opportunity to distribute and represent such a high quality snack line. This will be a perfect fit in our existing distribution chain." Additionally Mr. Frank Yglesias, CEO, stated, "Our goal is to start maximizing sales revenue in the community store arena; we have our footprint, now we will focus the right products for the current market demographic to increase revenue."

...link:
About Fu Di Shi Pin You Xian Gong Si http://www.lffudi.cn/

Page Created : 28 Dec 2010
Copyright © China Labour Bulletin 2008 | Disclaimer | Privacy Policy
Beijing to increase municipal minimum wage, pensions and welfare benefits
The Beijing authorities will on 1 January increase the city’s minimum wage for a second time in six months. The monthly minimum wage will go up by 200 yuan to 1,160 yuan, making it the highest in the country.
In addition, the monthly pension for retired enterprise workers in the city will go up by 10.2 percent to 2,268 yuan, the disability allowance for injured workers will increase by 13.8 percent to 2,504 yuan per month on average, and monthly unemployment benefits will be raised on average by 17.5 percent to a maximum of 861 yuan for workers with more than 20 years of contributions.

BakerBoy... thnks for stirring up the pot & here's some numbers that'll surely do the trick... looks great! lol

... .
(figs in '000s) Gross Profit
(est. @ 20%)
... Snack food sales guesstimates for Q4 =
Net Sales $1,307 Gross Profit $261
(using current stats provided below:)


N.B. Stat Guidelines used:
1) current minimum wage in Beijing @ Cny 1,160 @70% = Cny 812

2) monthly pension(enterprise retirees) @ Cny 2,268 @30% = Cny 680
Total(avg wages * incl middle class incomes) = Cny1,492 x 2* = Cny2,984 or US$453 @ exch Cny6.58 = US$1
3) est population in Beijing (city & surrounding areas) @ 30 million people

4) avg Chinese consumers spends 9% of their ttl grocery bill on snacks, so using conservative lower fig. of just 5% times (est. 5% of 30 million consumers) equals Net Sales $33.975 million (US$22.65 x 1.5 million) annually. Therefore, weekly Net Sales equals US$653,365

5) Since Gdhi Chinese Snack Food line agreement was on 12/07/10 will report Q4 sales of the full Snack Line(incl BK Chips) for 2 weeks in December 2010 only or US$1,306,730 (i.e. US$653,365 x 2)

China Food Services, Corp.: Distribution Agreement With Fu Di Shi Pin You Xian Gong Si

BEIJING--(Marketwire - 12/07/10) - China Food Services, Corp. (Pinksheets:GDHI - News), Under this agreement, GDHI will distribute more than 20SKU's of Fu Di Shi Pin snack product line to the 1,000 retail stores under the company's distribution chain. China's savory snack sector is the fastest growing sector in the food industry, overall on average Chinese consumers spends 9% of their total grocery bill on snacks.
Mr. Eddie Gao, Director of Operations, stated, "We are honored in having the opportunity to distribute and represent such a high quality snack line. This will be a perfect fit in our existing distribution chain." Additionally Mr. Frank Yglesias, CEO, stated, "Our goal is to start maximizing sales revenue in the community store arena; we have our footprint, now we will focus the right products for the current market demographic to increase revenue."

About Fu Di Shi Pin You Xian Gong Si http://www.lffudi.cn/


Page Created : 28 Dec 2010

Copyright © China Labour Bulletin 2008 | Disclaimer | Privacy Policy
Beijing to increase municipal minimum wage, pensions and welfare benefits
The Beijing authorities will on 1 January increase the city’s minimum wage for a second time in six months. The monthly minimum wage will go up by 200 yuan to 1,160 yuan, making it the highest in the country.
In addition, the monthly pension for retired enterprise workers in the city will go up by 10.2 percent to 2,268 yuan, the disability allowance for injured workers will increase by 13.8 percent to 2,504 yuan per month on average, and monthly unemployment benefits will be raised on average by 17.5 percent to a maximum of 861 yuan for workers with more than 20 years of contributions.

Pj... not surprising u focus on just the NEGATIVE points for obtaining funds & cannot see the POSITIVE reasoning in point D) outlined below which was made by gfrazier66 post # 37861 reprinted numerous times on this forum but u choose to IGNORE IT to foist ur own personal agenda!

N.B. (Excerpt from gfrazier66 post # 37861 dd 1/14/11)
D) Allows management greater leverage in negotiations with financial institutions and investors when there is a need to create more funds for continued operations.

Most successful start ups are scalable. They can grow with limited investment & limited purchased of goods & labor.


QUOTE:
pantherj Share Sunday, January 23, 2011 1:41:44 PM
Re: GolfGuy76 post# 38075 Post # of 38076

Really? What sense does it make to sell shares now to raise capital if you know that a couple months from now you'll release good financials and the PPS will double or triple? That would only make sense;
A) in an emergency (which would indicate poor planning) or,
B) if you know the upcoming financials are not going to be "good" after all and the PPS isn't going to go up, and in fact, may go down, or,
C) a reverse split is planned so you might as
well get rid of all the shares available.
D) ...see this point made above which he chooses to IGNORE!

Quotes: (reprintd from gfrazier66 post #37861 dd 1/14/11)
(1st)
We have partnered with one of the largest F&B distributors in the US, we will be offering consolidation services to 1st and 2nd tier cities in China. The USDA ATO Office has embarked on a campaign to stimulate the US economy by promoting US Food products in 2nd tier cities in China, we will be working with them to offer more than 20,000SKU's of US products to these areas. I will be personally embarking on a 15 city tour in 2011 to negotiate with local distributors and retailers, the products and services we know have to offer with our new partners. Additionally we will be rolling out a private label program for the top supermarkets chains in China.
(2nd)
China Food Services, Corp. will be attending the 15th China (Sichuan) Chinese New Year 2011 New Year Shopping Festival January 15 to 30 in Chengdu, China. The company will be debuting its new line of products "Full Circle ™" USDA Organic products in this event at the US Pavilion.

P.S. "Play safe but also remember u hve to be in it to WIN IT!"

P.P.S. Still in Ihub detention... allowed 1 post per day... bye!

PhilCheese... already setup to give 'em HELL! Let 'em CRASH & BURN!

WINE FACTOID: (reprinted to highlight the great potential for Gdhi wine sales)
Recently affirming itself in the ninth slot, up from tenth, as the largest wine-consuming nation on The International Wine and Spirit Record (The IWSR) study, China is definitely one of the fastest-growing wine markets in the world. The nation is expected to move to seventh place by 2012 with a total consumption of 103.5 million nine-litre cases per year. This figure suggests a staggering increase of 36 per cent in wine consumption between 2009 and 2012, and will see China top the one-billion-bottle mark.

Brands we Distribute:
Our Private Label Endless Wines
We have developed a private label wine, for the young affluent middle class Chinese. We will offer select wines from wine regions around the world, initially we have started bottling from the region of La Mancha Spain. We will develop Endless Wines to represent wines regions from all over the world.
<> Spain <> Chile <> Italy <> France <> Argentina <> Napa Valley <> South Africa <> Australia

The Story of Centum Vitis ("Centenary Vines") THE WINE
In the heart of the region Rioja, in the small village of Elciego, we can still find some vineyards with old vines planted at the end of the 19th Century. Due to their special location and type of soil, they survived to the deadly attack of filoxera.
The Valdelana family has been growing these centenary vines for more than four generations. They knew that in these grapes they would find the supreme quality. These small bunches are harvested by hand, and then we take the juice out of these grapes, which we handle very carefully. The result is this structured, round and aromatic wine… pure fruit that enhances its quality after being aged for 10 months in new French Allier barrels.

N.B. Targeted customers:
Wine is now becoming the fashionable drink for the wealthy younger generations in China’s cities, and the "badge" drink for China’s wealthiest elite. With about 600 million young Chinese exploring new types of alcoholic drinks, the potential market for sales of wine in the future is so great without any doubt.

P.S. ... click on link to view CA88 Wines production facilities: http://www.ca88wine.com/events-1.htm

.... recent quotes that reflect longs opinion...reprinted 4 ur perusal... to refute the naysayers constant barrage of negativism!

FRANK'S STATEMENT IN LAST CC CAN BE A BONANZA 4 SHLDRS SO HIS MSG BEARS REPEATING:

Quote:
Alyssa Share Sunday, December 12, 2010 9:21:53 AM
Re: None Post # of 37009
Love this part from the CC: "In the weeks and months to come we will announce new major products and manufacturers (for which) we will have sole representation rights in China. Once the contracts are signed, we will issue PRs, and we're very excited about that."

Quotes: (reprintd from recent PRs)
(1st)
We have partnered with one of the largest F&B distributors in the US, we will be offering consolidation services to 1st and 2nd tier cities in China. The USDA ATO Office has embarked on a campaign to stimulate the US economy by promoting US Food products in 2nd tier cities in China, we will be working with them to offer more than 20,000SKU's of US products to these areas. I will be personally embarking on a 15 city tour in 2011 to negotiate with local distributors and retailers, the products and services we know have to offer with our new partners. Additionally we will be rolling out a private label program for the top supermarkets chains in China.

(2nd)
China Food Services, Corp. will be attending the 15th China (Sichuan) Chinese New Year 2011 New Year Shopping Festival January 15 to 30 in Chengdu, China. The company will be debuting its new line of products "Full Circle ™" USDA Organic products in this event at the US Pavilion.

Quote: (selected excerpts)
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Without positive net income in Q4 and with no cash on hand to cover any amount of operational loss, the only way to create cash is to sell more shares.

You are correct, GDHI is a start up and most start ups fail in the first 90 days, so seeing that GDHI has been in operation for over a year, that is a good sign. However; and this is purely from a business standpoint, most companies do not choose to go public in order to keep operations running. GDHI went public for the ability to receive public funding because it did not receive private funding from a bank or other private entities, such as venture capital. GDHI did not gather from such firms becausee the company does not have "intellectual capital," it is a commodity based company. Most successful start ups are scalable. They can grow with limited investment & limited purchased of goods & labor. A start up in the commodity business is not as scalable.

All other forms of capital went dry and this wasinterest managements last resort to keep GDHI's operations running. Public capital is now a credit card that does not have to be paid back by management. This now creates two distinct advatanages for management.

A. Allows management to lessen their personal debt by selling their shares on the open market.

B. Allows management greater leverage in negotiations with
financial institutions and investors when there is a need to create more funds for continued operations.

Most successful start ups are scalable. They can grow with limited investment & limited purchased of goods & labor.


P.S. THE GOLDEN DRAGON HAS TAKEN A FEW STEPS(albeit BABY ONES!) & WE'RE OVERJOYED BUT WAIT TILL SHE STARTS TO RUN SHLDRS'LL BE SOOOOOOOO PROUD!!! JUST A LITTLE MORE TIME/PATIENCE & LONGS'LL BE REWARDED SOON. GO GDHI GO!

..... Play safe but also remember you have to be In it to WIN it!!

P.P.S. Still in Ihub detention... allowed 1 post per day... bye!

Gfrazier66 msg (pertinent excerpts) reprintd 4 the benefit of all Shldrs: (to refute most of the negative spin that permeates this mb)

... the points u made (A & B highlighted below) are exactly the ones that Frank has opted to put into play... kudos to u 4 pointing this out in this hostile/argumentative environment... Thanks 4 ur time & substantive/savvy business acumen. For the sake of clarity/interest... can u speculate on the terms Frank was able to bring/negotiate with our new partners... unnamed major USA/F & B distributor and " Full Circle" USDA Organic Products; and what's ur take on how soon Gdhi will benifit from this new partnership? Tia for ur best guesstimates & viewpoint!

Quotes: (reprintd from recent PRs)

(1st)
We have partnered with one of the largest F&B distributors in the US, we will be offering consolidation services to 1st and 2nd tier cities in China. The USDA ATO Office has embarked on a campaign to stimulate the US economy by promoting US Food products in 2nd tier cities in China, we will be working with them to offer more than 20,000SKU's of US products to these areas. I will be personally embarking on a 15 city tour in 2011 to negotiate with local distributors and retailers, the products and services we know have to offer with our new partners. Additionally we will be rolling out a private label program for the top supermarkets chains in China.

(2nd)
China Food Services, Corp. will be attending the 15th China (Sichuan) Chinese New Year 2011 New Year Shopping Festival January 15 to 30 in Chengdu, China. The company will be debuting its new line of products "Full Circle ™" USDA Organic products in this event at the US Pavilion.

Quote:
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Without positive net income in Q4 and with no cash on hand to cover any amount of operational loss, the only way to create cash is to sell more shares.

2. You are correct, GDHI is a start up and most start ups fail in the first 90 days, so seeing that GDHI has been in operation for over a year, that is a good sign. However; and this is purely from a business standpoint, most companies do not choose to go public in order to keep operations running. GDHI went public for the ability to receive public funding because it did not receive private funding from a bank or other private entities, such as venture capital. GDHI did not gather from such firms becausee the company does not have "intellectual capital," it is a commodity based company. Most successful start ups are scalable. They can grow with limited investment & limited purchased of goods & labor. A start up in the commodity business is not as scalable.

All other forms of capital went dry and this wasinterest managements last resort to keep GDHI's operations running. Public capital is now a credit card that does not have to be paid back by management. This now creates two distinct advatanages for management.

A. Allows management to lessen their personal debt by selling their shares on the open market.

B. Allows management greater leverage in negotiations with financial institutions and investors when there is a need to create more funds for continued operations.

Most successful start ups are scalable. They can grow with limited investment & limited purchased of goods & labor.

P.S. "Play safe but also remember u hve to be in it to WIN IT!"

P.P.S. Still in Ihub detention... allowed 1 post per day... bye!

Gfrazier66... the points u made (A & B highlited below) are exactly the ones that Frank has opted to put into play... u deserve a lot of praise 4 pointing this out in this hostile/argumentative environment... Thanks 4 ur time & substantive/savvy business acumen. For the sake of clarity/interest... can u speculate on the terms Frank was able to bring/negotiate with our new partners... unnamed major USA/F & B distributor and " Full Circle" USDA Organic Products; and what's ur take on how soon Gdhi will benifit from this new partnership? Tia for ur best guesstimates & viewpoint!


Quotes: (reprintd from recent PRs)

We have partnered with one of the largest F&B distributors in the US, we will be offering consolidation services to 1st and 2nd tier cities in China. The USDA ATO Office has embarked on a campaign to stimulate the US economy by promoting US Food products in 2nd tier cities in China, we will be working with them to offer more than 20,000SKU's of US products to these areas. I will be personally embarking on a 15 city tour in 2011 to negotiate with local distributors and retailers, the products and services we know have to offer with our new partners. Additionally we will be rolling out a private label program for the top supermarkets chains in China.

(2nd)
China Food Services, Corp. will be attending the 15th China (Sichuan) Chinese New Year 2011 New Year Shopping Festival January 15 to 30 in Chengdu, China. The company will be debuting its new line of products "Full Circle ™" USDA Organic products in this event at the US Pavilion.[/color]