SOURCE: China Direct Trading Corp.

April 02, 2007 16:05 ET

China Direct Trading Corporation to File Late Filing Notification for 12/2006 10-K

COOPER CITY, FL -- (MARKET WIRE) -- April 2, 2007 -- China Direct Trading Corporation, a Florida corporation (OTCBB: CHDT), announced today that it filed a Form 12b-25 with the Securities and Exchange Commission to report that it will not file its Annual Report on Form 10-K for the period ended December 31, 2006 by the Monday, April 2, 2007 filing deadline. The Company's independent registered public accounting firm notified Company management that it is unable to complete the final audit by the required filing date because of a delay in verifying and consolidating field audit results from former operations. The Company expects to announce earnings and file a Form 10-K on or before April 16, 2007.

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