Saturday, July 08, 2006 8:46:04 PM
Pat,
This goes to my earlier point to a real unsung hero of this whole PPS surge being William Dato. He is the one that got CPS in the door at these places and opened up the revenue streams that we are currently enjoying since Howard aquired CPS back on Jan 30 of this year. Quite the Coup d'état. The only imported items CHDT has sold so far are those through the souvenir business. We would not be making these numbers with spinner key chains and snow globes!
BTW Has anyone checked out the http://www.souvenirdirect.com/ link lately? Strange. Looks like it was hijacked.
Long and Strong....
Mo
COOPER CITY, FL--(MARKET WIRE)--Jan 30, 2006 -- China Direct Trading Corp. (OTC BB:CHDT.OB - News) (CHDT) announced today that it has acquired a controlling interest in Complete Power Solutions, LLC (COPO), of Pompano Beach, FL, a rapidly growing power generator distributors. CHDT acquired 51% of COPO outstanding equity and two board seats in exchange for $637,000 in cash and $1,200,000 in restricted shares of CHDT preferred stock. CHDT intends to consolidate COPO financial results for reporting purposes.
COPO FY 2005 FINANCIAL RESULTS
(unaudited)
Gross Revenues: $2,300,000
Net Income: $400,000
Based on current revenue growth, COPO is projecting a 300% increase in FY2006 gross revenues. COPO is a Full-Service Authorized Guardian Dealer and Exclusive Home Depot Supplier in Broward and Palm Beach, FL Counties for automatic standby generators for residential and commercial customers in the State of Florida. COPO offers a turnkey power solution from sales, permitting, delivery, installation, maintenance and service of generators including the fuel tanks. They also sell a Pre-Engineered proprietary concrete installation pad designed to reduce Noise and to Minimize Vibration (STC Rating of 48) and it is 1/3 the weight of normal concrete. Other COPO revenues come from maintenance and service contracts. COPO products and services can be seen at www.completepower247.com or call 877-499-9500.
This goes to my earlier point to a real unsung hero of this whole PPS surge being William Dato. He is the one that got CPS in the door at these places and opened up the revenue streams that we are currently enjoying since Howard aquired CPS back on Jan 30 of this year. Quite the Coup d'état. The only imported items CHDT has sold so far are those through the souvenir business. We would not be making these numbers with spinner key chains and snow globes!
BTW Has anyone checked out the http://www.souvenirdirect.com/ link lately? Strange. Looks like it was hijacked.
Long and Strong....
Mo
COOPER CITY, FL--(MARKET WIRE)--Jan 30, 2006 -- China Direct Trading Corp. (OTC BB:CHDT.OB - News) (CHDT) announced today that it has acquired a controlling interest in Complete Power Solutions, LLC (COPO), of Pompano Beach, FL, a rapidly growing power generator distributors. CHDT acquired 51% of COPO outstanding equity and two board seats in exchange for $637,000 in cash and $1,200,000 in restricted shares of CHDT preferred stock. CHDT intends to consolidate COPO financial results for reporting purposes.
COPO FY 2005 FINANCIAL RESULTS
(unaudited)
Gross Revenues: $2,300,000
Net Income: $400,000
Based on current revenue growth, COPO is projecting a 300% increase in FY2006 gross revenues. COPO is a Full-Service Authorized Guardian Dealer and Exclusive Home Depot Supplier in Broward and Palm Beach, FL Counties for automatic standby generators for residential and commercial customers in the State of Florida. COPO offers a turnkey power solution from sales, permitting, delivery, installation, maintenance and service of generators including the fuel tanks. They also sell a Pre-Engineered proprietary concrete installation pad designed to reduce Noise and to Minimize Vibration (STC Rating of 48) and it is 1/3 the weight of normal concrete. Other COPO revenues come from maintenance and service contracts. COPO products and services can be seen at www.completepower247.com or call 877-499-9500.
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