Good CC. Much better than I expected. The CEO was well spoken and answered the questions well. He did not seem like a salesman but rather a good manager with big but realistic ambitions. He didn't remind me of a certain fixture making CEO who watches level 2 and reads iHub all day. Sure this company could be a scam but after the CC I highly doubt it. Lots of folks posted good tidbits from the CC so I will only add a few more points. The CEO stressed that the infrastructure (getting licenses and permits in China, building up inventories and distribution networks, etc) is now pretty much set and it's up to the sales force to pound the pavement and get more stores as clients. Based on a figure of ten stores 6 months ago versus 300 stores now, this is great growth, IMO. His target of 1,000 stores by year end 2010 seems plausible. Someone on the CC asked him if any bigger companies were looking to buy them out, and he said that they've done all the hard work to get the car up and running, and he doesn't want someone else driving the car. I liked his attitude here and the way he took pride in his hard work and how he wants to be the one to guide the ship. Someone on this board asked if any public companies had 1MM in sales and 1+ billion shares. There is a caveat emptor gas exploration company named after a Portuguese explorer that has no revenues and at least 8 billion shares (and possibly 20-30 billion) that hit .0033 last May. GDHI has real revenues and appears to be growing nicely. I'm averaged in at .0033 and am not concerned with my investment one bit.
