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01/04/12 9:37 AM

#61195 RE: marcelh #61193

CHDO HUGE NEWS CHDT Corporation Confirms $10.5M Gross Revenue in 2011
Date : 01/04/2012 @ 9:36AM
Source : Business Wire
Stock : CHDT Corporation (CHDO)
Quote : 0.01 0.0 (0.00%) @ 7:38AM


CHDT Corporation Confirms $10.5M Gross Revenue in 2011
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Chdt Corporation (OTCBB:CHDO)
Intraday Stock Chart
Today : Wednesday 4 January 2012
CHDT Corporation, a Florida corporation (OTCBB: CHDO), (“Company”), with operating subsidiaries focused on designing and manufacturing consumer lighting products for the North American and Latin American retail markets, confirmed today that the Company has shipped more than $10,500,000 in 2011. On December 7th, the Company announced year-to-date gross sales of $10M and indicated that more orders with December ship dates were being processed. Although the Company’s Q4 and year-end results will not be formally confirmed until the year-end audit is conducted, we have clearly achieved record results,” said CFO, Gerry McClinton.

“As the economy remained a challenge throughout 2011, our management was intensely focused on building a stable company while being recognized as an innovator and a reliable supply source within our categories,” stated Stewart Wallach, CEO of CHDT Corporation. “As previously mentioned, we are now ready to engage an Investor Relations firm to better communicate the fundamentals and relative progress of our business in 2012. We have a great story that needs to be told intelligently and in a manner indicative of a quality organization,” he added.