BEIJING, Oct. 19 /PRNewswire-FirstCall/ -- Golden Dragon Holdings, Inc. (Other
OTC: GDHI) www.gdfbhk.com announces today it has signed on 100 independent
convenience stores in Beijing. The company is diligently working to place
products in these independent convenience stores. Currently, the company has
placed products in 75 locations.
The company's CEO, Frank Yglesias, said, "This is a tremendous milestone, but
by no means are we to celebrate. We must hunker down and continue to push
forward inch by inch, and not lose sight of our year-end goal, which is 200
locations. We are 100% committed to doing everything within our power to make
this happen."
Additionally on October the 16th, the company released its 3rd quarter company
video update. This video can be seen in its entirety on the following web
sites:
http://www.gdfbhk.com/investors.html
http://www.youtube.com/user/jinlongfei?feature=pyv&ad=3433230157&kw=gdhi#play/uploads/0/_lCah3IqumI
About Golden Dragon Holdings, Inc.
Golden Dragon Holdings, Inc. (PINKSHEETS: GDHI) is a publicly traded company
that owns and operates Golden Dragon Food & Beverage Import & Export Company
of Hong Kong, Ltd. (GDHK) in central Hong Kong and Beijing Flying Golden
Dragon International Trading Co., Ltd in China (BFGD). Golden Dragon Holdings,
Inc. has agreements with U.S. food manufacturers. GDHI acts as a buying agent
for GDHK, negotiating vendor contracts and services with U.S. food and
beverage industry partners. The Hong Kong Company plays a strategic role in
the importation of products into the Chinese market by leveraging the Closer
Economic Partnership Arrangement (CEPA) with China. Through this arrangement,
Beijing Flying Golden Dragon International Trading Co., Ltd distributes some
of the most popular U.S. food and beverage brand products directly into the
hypermarkets, supermarkets and convenience stores in China. The Company is
responsible for order fulfillment for its clients in China, as well as
providing advertising and promotion (A&P) services for its U.S. food and
beverage products.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.'
Statements describing objectives or goals or the Company's future plans are
also forward-looking statements and are subject to risks and uncertainties,
including the financial performance of the Company and market valuations of
its stock, which could cause actual results to differ materially from those
anticipated. Forward-looking statements in this news release are made pursuant
to the 'Safe Harbor' provisions of the United States Private Securities
Litigation Reform Act of 1995.
SOURCE Golden Dragon Holdings, Inc.
Golden Dragon Holdings, Inc., +1-888-889-8185, ir@gdfbhk.com
