Capstone Companies Inc (CAPC): Does anybody know how well China Direct'...

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Saturday, 08/05/2006 9:15:07 PM

Saturday, August 05, 2006 9:15:07 PM

Does anybody know how well China Direct's coal, Coke and mining equipment business is doing? It was less than two years ago that Howard released this PR.

China Direct Trading Corp. Starts Chinese Trading and Business Development Campaign in New Beijing Offices

BEIJING, Oct 26, 2004 /PRNewswire-FirstCall via COMTEX/ -- China Direct Trading Corporation's (OTC Bulletin Board: CHDT) subsidiary, China Pathfinder Fund (CPF), is aggressively pursuing business development opportunities in China this week. CPF officers are in Beijing today to formally open their new trade offices and hold trade talks with private business parties and high-ranking ministerial government officials of the central government.

CPF has been retained by a U.S. client as a paid consultant to source and negotiate terms for a new staple consumer baby product. The company has visited numerous factories and will present recommendations for manufacturing sources to the client. CPF will expect to be tasked by the client to then continue to handle all purchasing and logistics for the client.

CPF will also be meeting with private and central ministerial government officials regarding coal. The company is representing Black Fuel Energy, LLC, which is located in Knoxville, Tennessee, in selling coal and coal mining
equipment, as well as discussing five different coal mining joint ventures.

China is the largest consumer and producer of coal in the world, but China's coal mining industry is not able to meet current demand due to lack of new technologies and poor mining conditions. The coal sector will be the first of several energy-related areas CPF will enter in China. China Direct Trading Corp. will form an affiliate called China Direct Energy Corp. The focus of this vertical affiliate will be to transport energy commodities to and from China.

The company is currently working on selling coal to China and then purchasing its byproduct, coke, to sell back to the U.S. Coke is in heavy demand in the U.S. and prices are expected to soar to $300 to $500 a ton over the next year.

The company expects to save money on shipping as it will book ships for a round trip and shipping is the largest cost in moving coal and coal by products.

CPF is also seeking a government license to operate an e-commerce online business with a joint venture partner; and is in talks with a furniture manufacturer looking for distribution in the U.S.

The goal of China Direct Trading Corp. is to evolve into a diversified trading company in vertical finished product and commodity markets, taking advantage of its extensive relationships with the Government of China. Each subsidiary of the company will seek to structure a joint venture with an experienced U.S. entity to manage the subsidiary as it has done with Souvenir Direct Inc., a profitable leader in the domestic Souvenir and Promotional products industries. By using
this model, CHDT can leverage its China contacts without having to operate unfamiliar businesses, thus increasing its chances of success with each venture.

BUSINESS: CHDT is a global trading company engaged in product development, manufacturing, distribution, logistics, and product placement into mass retail.

The company holds patents and sells products to importers, theme parks and directs to retail worldwide. By establishing relationships with various governmental agencies, public and private institutions, and private industries in China, the company aims to play a key role in assisting U.S. companies that desire to move production or investments into China, as well as helping Chinese firms grow through U.S. distribution and financial support. In addition, the company acquires and invests in innovative products, services, or technology companies.

SOURCE China Direct Trading Corp.
CONTACT: Howard Ullman, CEO of China Direct Trading Corp.,
+1-954-474-0224
URL: http://www.chinadirecttradingco.com