InvestorsHub Logo
Post# of 4978339
Next 10
Followers 1741
Posts 142313
Boards Moderated 4
Alias Born 09/11/2005

Re: None

Tuesday, 08/15/2006 12:42:40 PM

Tuesday, August 15, 2006 12:42:40 PM

Post# of 4978339
CHDT - when they file the 10Q - we already have the numbers!

This little dip is a gift, imo....

China Direct Projected First Six Months Revenue Top 11,000,000
Monday July 10, 7:20 am ET


Contracted Sales Up 2300% Over 2005 Same Period Sales


COOPER CITY, FL--(MARKET WIRE)--Jul 10, 2006 -- China Direct Trading Corp. (OTC BB:CHDT.OB - News) today announced preliminary top line revenue for the first six months of 2006 ended June 30, 2006 of $11 million, an increase of over 2300 percent as compared to revenue of $465,000 reported for the first six months of 2005.
ADVERTISEMENT


First six months 2006 results include $10,750,000 from the sale of power generators by Complete Power Solutions, LLC, a China Direct majority-owned subsidiary, (CPS). China Direct consolidates 100% of CPS' financial results into China Direct's SEC reported financial results. Actual financial results for this period may vary based on auditor and other adjustments to the final, SEC-reported financial results.

"China Direct is implementing on our vision and we are pleased with the outstanding progress our operating subsidiaries have made in terms of sales. For the second half of the year we look forward to seeing our new subsidiaries add to our revenue growth such as Overseas Building Supply with roof tiles and new Complete Power Solutions subsidiaries," said Howard Ullman, CEO/President of China Direct.


Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.