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That link was to a site owned by I-Hub. I will appeal to the admin to have it reinstated.
Here is a link to an interview that was conducted with Howard Ullman of CHDT. I just listened to it in it's entirety. During this interview Howard stated that Bart Fisher is still very much a part of this Company. I am not sure if I should believe that this is good or bad for investors as Bart did not do any good at all for investors while at the helm of CBQI which is now CHDT. I hope all that is being said by Howard is true. All who are investors should listen to this clip.
http://www.mn1.com/mp3/CHDT.mp3
Be very careful and do your own DD.
Almost 6 Mil shares traded and this is holding up rather well. We have seen over .09 today and then the traders take their two bits worth for supper and that's a good thing. it keeps this healthy.
As of today's close I am up 154%. Usually I would take some off of the table but I think I will let this ride for awhile. It seems that every time the traders knock it down a bit it returns stronger than before. GLTA.
Yeah, I suppose you're right there jimmy. Oh well, It's time for bed now. GLTY. I just stopped by to see if I could stir up the bashing whackos. It worked. LOL
Yeah, I guess so. It doesn't take very much to amuse some people.
Can you imagine this? Somebody buys some stock and then gets called a "crazed long". Too funny. It sure is a sick world any place where their isn't grass to mow. LOL.
You'd be entirely wrong about that. 99.9% of the "whole world" has no idea what CMKX is, and never will.
I guess that pretty well explains what you think of this very small world you live in.
LOL, OK!
Recently someone--a long--called Global Intelligence and asked about CMKX. He was told they'd never heard of CMKX.
You can believe that if you want, But I don't. Mahue is the first person listed on their site. It's possible that a receptionist answering a phone never heard of CMKX but I doubt that. Darn near the whole world has heard of CMKX, Good or bad. I assume that Global just did not want to get involved in a conversation over a stock that doesn't exist any longer even though Mahue is on the so called Task Force. I wonder how long it will take for either the bashers or the longs to be proved wrong. I sure am glad that it is this time of the year. It's easy to find real things to do like cruising on a H-D and mowing the lawn and just sitting on the porch watching the grass grow. Have a great wasteful evening.
I think this should be reposted. It looks very real to me. If anybody can PROVE any of this wrong please do so. TIA.
http://globalintelligence.net/aboutus.html
This is impressive. number 8 on the OTCBB. It's being traded but it keeps ending higher just about every session.
http://snipurl.com/otcbbstock
So am I!
grtcli: They are worried that the day is getting close for them to have to spend the rest of their time dinning at this site.
http://www.investorshub.com/boards/board.asp?board_id=2473
Two years of harassment on this board will have been for nothing. Nor even amusement. GLTY.
Maybe. It could be that this board is busier than the SEC or the DOJ. For now I would believe that it is in the "cold case" files.
The SEC already did their thing. A long time ago. And the DOJ?
It's my bet that you won't live long enough to see anything from that even if you believe in eternal life. But that's OK. Keep beating the sun parched horse bones. At least it's a way of getting past lonely days and holiday weekends for those who need a way to get to the next day in their lives.
Well, At least you got that right.
But then neither do most of us here.
Nobody can own it. It's like a seven dollar bill. It doesn't exist. The only way to make it more dead would be to cremate the last remains. How do you people justify beating a horse that has been stuck in the barbed wire for so long that there is nothing more than sun parched bones left?
AMEN Brother. Very well put.
Contact:
Rich Schineller
941.918.1913
rich@chdt.us
China Direct Trading Corporation Reports First Quarter FY2006 Results
05/15/2006 08:47
COOPER CITY, FL -- (MARKET WIRE) -- 05/15/06 -- China Direct Trading Corp. (OTC BB: CHDT) 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."
China Direct is hosting an investor teleconference to discuss first quarter 2006 results and update investors on current corporate and subsidiary initiatives on Monday, May 15th at 10:00 AM Eastern Time. To participate in the call, the dial-in number is (712) 580-6300, then enter access code 1076491 and push the pound (#) key. A replay of the call will be available for two weeks and will be accessible at (641) 985-5000, access code 1076491#. A replay of the call will also be available from the www.chdt.us web site one day following the call.
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.
Balance Sheet and Consolidated Statement of Operations Financial Tables Follow:
CHINA DIRECT TRADING CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Unaudited)
March 31, December 31,
2006 2005
------------ ------------
Assets:
Current assets:
Cash $ 647,495 $ 9,090
Accounts receivable - net 2,247,388 4,000
Advances 25,189 -
Inventory 539,942 11,760
Prepaid expense 28,935 -
------------ ------------
Total Current Assets 3,488,949 24,850
------------ ------------
Fixed assets:
Communications equipment 9,317 -
Computer equipment 26,420 4,965
Computer software 6,724 -
Transportation equipment 230,617 -
Machinery and equipment 10,029 -
Furniture and fixtures 16,644 -
Leasehold improvements 11,326 -
Less: Accumulated Depreciation (51,886) (2,132)
------------ ------------
Total Fixed Assets 259,191 2,833
------------ ------------
Other non-current assets:
Deposits 25,600 1,775
------------ ------------
Total other non-current assets 25,600 1,775
------------ ------------
Total assets $ 3,773,740 $ 29,458
============ ============
Liabilities and Stockholders' Deficit:
Current Liabilities:
Accounts payable, trade $ 702,671 $ 35,666
Accrued expenses 546,909 496,783
Customer deposits 1,170,802 24,891
Notes payable - current maturities 69,623 -
Related party payables 26,011 16,011
------------ ------------
Total Current Liabilities 2,516,016 573,351
------------ ------------
Long-Term Liabilities:
Notes payable - less current
maturities 136,082 -
Stockholder loans payable 657,278 -
Investor loans payable 250,000 -
------------ ------------
Total Long-Term Liabilities 1,043,360 -
------------ ------------
Total Liabilities 3,559,376 573,351
------------ ------------
Minority Interest 417,617 -
------------ ------------
Stockholders' Deficit:
Preferred Stock, par value $.001
per share Authorized 100,000,000
shares, Issued 8,000 shares at
March 31, 2006 and December
31, 2005 8 8
Common Stock, par value $.0001
per share Authorized 600,000,000
shares, Issued 543,122,028 Shares
at March 31, 2006 and December
31, 2005 54,313 54,313
Additional paid-in capital 832,665 832,665
Accumulated deficit (1,090,239) (1,430,879)
------------ ------------
Total Stockholders' Deficit (203,253) (543,893)
------------ ------------
Total Liabilities and
Stockholders' Deficit $ 3,773,740 $ 29,458
============ ============
CHINA DIRECT TRADING CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
For the Three Months
Ended March 31,
2006 2005
------------ ------------
Revenues $ 2,511,809 $ 204,354
Cost of Sales (1,882,545) (172,275)
------------ ------------
Gross Profit 629,264 32,079
------------ ------------
Operating Expenses:
Sales and marketing 91,786 1,773
Compensation 157,417 50,000
Professional fees 31,868 12,813
Other General and administrative 159,084 52,521
------------ ------------
Total Operating Expenses 440,155 117,107
------------ ------------
Net Operating Income (Loss) 189,109 (85,028)
Other Income (Expense):
Interest expense (15,009) (740)
------------ ------------
Net Income (Loss) before
minority interest 174,100 (85,768)
Minority interest (131,382) -
------------ ------------
Net Income (Loss) $ 42,718 $ (85,768)
============ ============
Weighted Average
Shares Outstanding 543,122,028 515,453,800
============ ============
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 is 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. Such risks include, but are not limited to, Foreign, national, state and local government regulation, actions or initiatives, Changes in general economic conditions, consumer spending habits, or the sales environment which, in each case, could reduce demand for our products; Risks as a distributor of products produced by other companies; The risk our outstanding litigation could result in settlements or judgments which are material to us; Dilution from any potential issuance of common or convertible preferred stock or convertible debt in connection with financings or acquisition activities; and Risks that we may not realize or anticipate from the expected increased sales and profits and other benefits from CPC.
Contact:
Rich Schineller
941.918.1913
rich@chdt.us
That is true. Some people have too much time on their hands. Bar Chart shows a 100% buy indicator for CHDT.
http://quote.barchart.com/texpert.asp?sym=CHDT
So wheres the pump? There isn't more than 15 messages about this on 3 different forums today.
CHDT: .072 X .073 up 20% at this time.
CHDT: Might be worth a look.
CHDT, Up 22.45% with a close of .06. Pretty good considering that I don't see any pumping going on.
I found this on Market Watch.
China Direct Announces First Quarter 2006 Earnings Call
Save the Date: Monday, May 15, 2006 at 10:00 AM ET
E-mail | Print | | Disable live quotes Last Update: 7:20 AM ET May 11, 2006
COOPER CITY, FL, May 11, 2006 (MARKET WIRE via COMTEX) -- China Direct Trading Corp. (CHDT : china direct trading corp com
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Last: 0.05+0.00+6.12%
10:36am 05/12/2006
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CHDT0.05, +0.00, +6.1%) today announced that China Direct senior management will host an investor teleconference to discuss first quarter 2006 results and update investors on current corporate and subsidiary initiatives on Monday, May 15th at 10:00 AM Eastern Time.
To participate in the call, the dial-in number is (712) 580-6300, then enter access code 1076491 and push the pound (#) key. A replay of the call will be available for two weeks and will be accessible at (641) 985-5000, access code 1076491#. A replay of the call will also be available from the www.chdt.us web site one day following the call.
If investors have questions they would like addressed on the conference call, they may email their questions, in advance, to rich@chdt.us.
China Direct recently announced revenue growth in Q1 2006 of 2100 percent over the corresponding first quarter of 2005. The company has made significant progress in its strategic plan for 2006, acquiring and integrating Complete Power Solutions, driving testing and anticipated future acceptance of their line of imported ceramic roof tiles and as announced on Monday of this week, the startup of a company-owned propane distribution business with which to directly serve the energy needs of the company's generator clients.
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 rich@chdt.us
SOURCE: China Direct Trading Corp.
mailto:rich@chdt.us Copyright 2006 Market Wire, All rights reserved.
According to the PR it is coming from two company directors. I watch this with caution due to the past performance.
I agree with that. It's up over 28% according to MQT.
Nice to see this stock moving up for a change. I'm showing about a 36% rise in my account. GLTA.