China Direct Trading Corporation CHDT), a U.S. trading company, today announced that its
subsidiary, Overseas Building Supply, LLC (OBS), has submitted an
application for Notice of Approval for the company's imported clay roof
tiles to the Dade County Product Approval Department, which approves all
building materials used externally on structures. The company has submitted
under an expedited program in order to move through the approval process as
quickly as possible.
The tiles have passed the physical properties test required to comply with
Dade County code requirements, which are among the most demanding and
rigorous in the country. The tiles surpassed basic requirements for
Compression, Permeability, and Absorption. The physical property test
results will be submitted ahead of the final assembly tests results which
are currently being conducted by testing firm IRT as more tiles are on way
from China for the final assembly procedure which involves erecting roof
mock-ups to show how the tiles are to be installed. OBS will apply for all
three commonly used methods: nails, mortar, and foam, all of which are
techniques used for different styles and roof designs. OBS anticipates
final submittal by the end of April so management has decided to submit the
first phase of tests results in order to expedite the application process.
"We are currently in negotiations with local roofers, developers, and
nationwide retailers and are taking qualified orders based on Dade County
approval. There is unfulfilled demand in South Florida for quality roof
tiles and we are eager to complete all required building code testing so
that we may begin providing our quality Chinese tiles to a market waiting
up to a year in some instances for new tile supplies," said Howard Ullman,
China Direct president and CEO of OBS.
About China Direct. China Direct (www.chinadirecttradingco.com) is a
holding company engaged through its operating subsidiaries in the following
business lines: 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. 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 a
turnkey solutions for standby commercial and residential power generation.
None of the web site UL's listed in this press release are incorporated
into or are part of this press release.
FORWARD-LOOKING STATEMENTS: This press release, including the financial
information that follows, contains "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'
management's current expectations and assumptions, and involve risks and
uncertainties. Such expectations and assumptions may prove to be faulty or
incorrect. Actual results may differ materially from those anticipated
results set forth in the statements. The forward-looking statements may
include statements regarding consumer demand, product orders, product
development, product potential or financial performance. No forward-looking
statement can be guaranteed, and actual results may differ materially from
those projected. China Direct undertakes 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, should be evaluated together with the many
uncertainties that affect our business, particularly those mentioned in the
cautionary statements in current and future China Direct SEC Filings, which
statements we incorporate by reference herein.
Contact:
Howard Ullman
954-252-3440
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