MUAYTHAI here is the full infos to know about GDHI
2 BLOGS ON IT : BIGPENNY AND PINKSHEETS.US
GDHI are in over 400 stores in China . First GDHI had access to 10 stores (over a year ago) You can see from their growth how hard they are working and expanding their business. 700M+ shares already removed !! 100M more this week ( news should hit this week )
They have ALL their official China licenses to trade internationally, as we all know - which they've spent time doing in 2009 - As the CEO stated as "lining up all their ducks in a row".
They will be retiring 1 Billion shares, in total, once June rolls around - which is a great direction for this company. The retirement of these shares devotes confidence for all GDHI shareholders, which 'hints' towards a positive future for the company
GDHI has signed an expansive supply agreement with Vanguard Group - a HUGE company for GDHI to get their hands on. This will give GDHI the opportunity to prove that they can handle the workload in distributing/supplying food products to China's market. I'm predicting more contracts and supply agreements throughout the year, considering GDHI's solid & current expansion plan.
GDHI is very, very transparent with the news & information they provide to all their shareholders - a BIG DEAL for any pinksheet company on the market. I'm very pleased with the CEO and the company's business plan, because they laid it all out for us to see and everything looks efficient, profitable and legit!
GDHI is also preparing very diligently to register their Chef Garlic trademark, which is also a HUGE DEAL right now. Garlic is becoming a massive-demand product in the U.S., and GDHI has all the right tools to enter this market, which can result in ENORMOUS profits in sales. A VERY SMART MOVE ON THEIR PART!
In addition to the Wine Exhibit, GDHI also has shipped their 1st Wine Shipment to China, which is perfect timing for them. Another solid business plan strategy.
GDHI will also be shipping a Wine Container (40ft) to China EACH QUARTER this year. Each container will estimate around $125,000, thus making total annual sales (FOR JUST WINE) around $500,000 - REMEMBER, THIS IS JUST FROM WINE SALES!!
The $960,000 funding is a HUGE DEAL as well. This will give GDHI the power to expand aggressively throughout China, HARD! They'll be using this money mainly for purchasing equipment and building inventory. They're getting ready to put the company in HIGH GEAR!
In addition to the $960,000 funding (PLEASE PAY ATTENTION TO THIS PART!), the company will also be using a portion of the funding to engage in entrance fees for bigger store-chains/markets such as WAL-MART! ...read below.... The Company will also use a portion of the funds to pay entrance fees into several very important supermarkets chains in the Beijing's market, Carrefour, Metro AG, Lotus Supermarket , Wu-Mei, WAL-MART, and Jinkinlong Supermarkets. The remaining funds will be used to build inventory, purchase delivery vehicles and to expand the Company's China operation. Mr. Yglesias explained that with these shipments, made possible by the infusion of new capital, the Company will embark on an aggressive drive to expand sales, which, he concluded, will result in a significant increase in cash flow of the China operations, hopefully to a point of a positive a cash flow position. If GDHI enter into an agreement with WALMART >>> KABOOM ! MULTI PENNIES !!
"Inside Business with Fred Thompson" CHECK HERE www.prnewswire.com/news-releases/golden-dragon-holdings-inc-to-be-featured-on-inside-business-tv-show-88392537.html
ASSETS INCREASE 415% The Company's total assets for this period were $647,766.19 as compared to $126,556.41 for the same period in 2009 -- an increase of 415%.
The total inventory for this period was $298,959.84 as compared to $40,944 for the period in 2009
" In conclusion Mr. Yglesias stated, "We will not lose sight of our company goals, and we will continue to build our company for a long and successful future."
Golden Dragon Holdings, Inc. is a publicly traded company that owns and operates Golden Dragon Food & Beverage Import & Export Company of Hong Kong, Ltd. (GDHK) in central Hong Kong and Beijing Flying Golden Dragon International Trading Co., Ltd. in China (BFGD). Golden Dragon Holdings, Inc. has agreements with U.S. food manufacturers. GDHI acts as a buying agent for GDHK, negotiating vendor contracts and services with U.S. food and beverage industry partners. The Hong Kong Company plays a strategic role in the importation of products into the Chinese market by leveraging the Closer Economic Partnership Arrangement (CEPA) with China. Through this arrangement, Beijing Flying Golden Dragon International Trading Co., Ltd. distributes some of the most popular U.S. food and beverage brand products directly into the hypermarkets, supermarkets and convenience stores in China. The Company is responsible for order fulfillment for its clients in China, as well as providing advertising and promotion (A&P) services for its U.S. food and beverage products.
GDHI also is going to be getting into the commodities business and importing cubed Garlic into the USA. 70% of the Cubed Garlic comes from Chinas GDHI chart is setting for a move UP from here !! HERE ALL THEIR LICENSES !!!!