Monday, June 11, 2007 4:49:36 PM
China Direct Trading Corporation Receives $575,000 Loan From Senior Management
04 Jun 2007, 11:20 AM ET
China Direct Trading Corporation announced that it has received a loan for $575,000.00 from its Chairman, Howard Ullman. The loan is to be used solely to fund the staffing for the wholly owned subsidiary's, Capstone Industries, Inc. Terms of the loan are for two years, which repayment shall be made in calendar quarterly interest and principal payments. The interest rate is 10.455% per annum.
China Direct Trading Corporation Subsidiary Signs Agreement With Asian Outsource Design Group LTD
30 Apr 2007, 01:30 PM ET
Capstone Industries, Inc., a wholly owned subsidiary of China Direct Trading Corp., announced that it has entered into an agreement with Asian Outsource Design Group LTD/ISL (AODG) to assist with sourcing and development of Capstone's licensed hardware and automotive accessory programs. Capstone will develop, distribute, market and sell a line of diverse hardware and automotive accessories to retailers nationwide. In addition to offering product development and design services, AODG, a Hong Kong-based company, brings to Capstone overseas production operations, providing factory certification, production monitoring, quality control inspections, and logistic services.
China Direct Trading Corporation Subsidiary Signs Agreement With Armor All/STP Products Company
25 Apr 2007, 01:30 PM ET
Capstone Industries, Inc., a wholly owned subsidiary of China Direct Trading Corporation, announced that it has signed an exclusive licensing agreement with The Armor All/STP Products Company (STP), a division of The Clorox Company. Capstone will develop, distribute, market and sell a line of diverse hardware and automotive tools to retailers nationwide.
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