SOURCE: China Direct Trading Corp.

May 16, 2007 09:06 ET

China Direct to Host Conference Call & Webcast for Thursday, May 17th at 10:00 a.m.

COOPER CITY, FL -- (MARKET WIRE) -- May 16, 2007 -- China Direct Trading Corporation (OTCBB: CHDT), a trading company focused on placement of consumer products into the U.S. mass retail, will hold a conference call and webcast on Thursday at 10:00 a.m. to discuss the first quarter financials as well as a discussion on the recent management build up and an outlook on the direction of the company. The telephone dial-in number is: (319) 632-1100 and participants will enter 260372# to access the call. The call will be recorded and available for two weeks at playback number: (641) 985-5006 with access code 260372#.

To access the conference call via the internet, please click on the following link immediately prior to the call: http://www.vcall.com/IC/CEPage.asp?ID=117150. A webcast replay of the call will be archived and available until June 17, 2008.

About China Direct: China Direct (http://www.chdt.us) is a holding company engaged through its operating subsidiaries in the following business lines: Capstone Industries, Inc. (www.capstoneindustries.com) innovative designer, manufacturer, importer, distributor and holder of several patents in the consumer book light and multi task lighting categories and is also engaged in product development, manufacturing, distribution, logistics and product placement to importers, theme parks, and mass retail of souvenirs, gifts, and consumer products. Overseas Building Supply (OBS) is engaged in distribution of building materials including but not limited to roof tiles, interior doors, and insulation materials.

FORWARD-LOOKING STATEMENTS: This press release, including the financial information that follows, contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995, as amended. These statements are based on the Company's and its subsidiaries' current expectations and involve risks and uncertainties, which may cause results to differ materially from those set forth in the statements. The forward-looking statements may include statements regarding product development, new product distribution efforts, anticipated success or basis for optimism about the potential of new business expansion efforts, product potential or financial performance. The fact that CHDT seeks or consummates investments in or acquisitions of other companies or undertakes business development efforts does not mean that such transactions or efforts will favorably affect CHDT's business or financial conditions -- in general or as forecasted. In fact, investments and acquisitions as well as business development efforts could have an adverse impact on CHDT. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. CHDT undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this press release and risks associated with any investment in CHDT, which is a small business concern and a "penny stock company" and, as such, a highly risky investment suitable for only those who can afford to lose such investment, should be evaluated together with the many uncertainties that affect CHDT's business, particularly those mentioned in the cautionary statements in current and future CHDT's SEC Filings, which statements CHDT incorporates by reference herein.

Contact Information

  • Contact:
    China Direct
    Rich Schineller
    Tel: +1-646-257-3902
    rich@chdt.us