PSC loves a winner and GDHI has gained 550% since our first alert in January when it was trading at $0.001!

GDHI closed a massive distribution deal this week, boosting their position in almost 3000 retail outlets across China – the biggest growth market in the world mainstreaming gourmet food imports. 

The company has now surpassed benchmarks and guidance for 2010 it set in January, and this is only the beginning.

When it’s your time to sit in the sun, do you lap it up or hide in the shade? 

GDHI is gaining some serious high profile attention across the US.

We spoke with the company today and their CEO Frank Yglesias was recently interviewed by a lead business magazine.  The article is expected to be published in the next several days.  Stay tuned to PSC, as we are dedicated to bringing you all the latest news on GDHI.

Golden Dragon Holdings was also approached by a nationally syndicated television show wishing to produce an upcoming segment on the company’s successful expansion in to a super hot market.

As we reported earlier Beacon Equity also loves a winner and issued a buy alert on the stock this morning.

The analyst noted:
"Continued Chinese GDP growth, income gains and increased purchasing power amongst its workers create increased demand for imported goods from the United States, Europe and other OECD countries offering mature and value-added products popular in the West. The Company, therefore, is positioned to benefit from a two-decade long trend toward rectifying trade, consumer purchasing power and living standards imbalances between ASEAN and OECD countries.

"On February 1, the Company announced that it has entered into various agreements with China Resources Enterprise Limited, aka/ Vanguard Group. Vanguard Group operates more than 2,600 supermarkets, Hyper Markets and specialty stores throughout China and Hong Kong. The initial agreement includes supplying the smaller V’Ole Gourmet Supermarkets chain in Beijing.

"The Company said that the initial contract to supply the V’Ole Gourmet Supermarket chain serves as a performance test of the Company’s ability to supply Vanguard’s large chain of supermarkets operating throughout China and Hong Kong."

Essentially GDHI is distributing gourmet food to a market worth $100 billion annually, and capitalizing on a current trade imbalance favoring imported food for Chinese retail. 

Global food retail sales are estimated at $4 trillion annually, with supermarkets accounting for the largest share of those sales.  China imported 20.273 M tons of food last year, worth US$13.396 billion, up 37.94 percent for the year before.

GDHI is presently evaluating more than 10 new products for the Chinese Market!
With this week’s massive distribution deal, GDHI is positioned to take their share of the pie and generate greater value for their shareholders.