Growers Direct Coffee Co. Inc. (fka GWDCQ)

[stocktiger]

Yes their was a conference call yesterday and all going well. They will make some PR soon.

From the Ethiopian contract 3 containers so far have come to the USA 38,000 lbs each.

They are trying for up to 50 containers from there in 2008. They can sell all the coffee they can buy.

For Blue Mountain Jamaican coffee they plan to do from 6-8 containers. This coffee sells for 10 times more than Ethiopian coffee

for 2008 they expect revs from Jamaica and Ethiopia alone to be at least 10 million.

On the green bean coffee their margins are about 30% and our revs estimate for 2007 seem about in line.

They are speaking with two other companies about the subject of acquisition as of course they want to do more roasting as margins are higher.

One additional country they are working to finish the agreement. You know the CFPC is direct from farmer so they work with co-ops and takes some time to complete all. They also working on 5th country. The recording of the call will be up soon.

It seems the revenues will be in line with our report fmr a coupld of months ago.