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China Direct Industries CEO Discusses F1Q2012 Results - Earnings Call Transcript

China Direct Industries, Inc. ( CDII)

F1Q2012 Earnings Call

February 14, 2012; 04:30 pm ET

Executives

Richard Galterio - Vice President

Hernan Welch - Chief Financial Officer

Analysts

Karl Burke (ph) - Burke Asset Management (ph)

Deepak Talwari (ph) - Private Investor

Michael Barrentine (ph) - Barrentine Investment Advisors (ph)

Presentation

Operator

Welcome to the fiscal 2012 first quarter earnings conference call for China Direct Industries Incorporated. For those of you who maybe new to the company, we are in the process of changing our corporate name to CD International Enterprises as we expand our operations globally. We trade on the NASDAQ global market under the symbol CDII.

CD International is a U.S. based company with operations in China and the Americas, focusing on pure magnesium productions, distribution of basic materials and metal ores and cross border corporate advisory services. Headquartered in Deerfield Beach, Florida, CD International has a unique infrastructure that provides a platform to expand business opportunities globally, while effectively and efficiently accessing the U.S. capital markets. For more information on the company, please visit its website at www.cdii.net.

Our call today is hosted by Mr. Hernan Welch, CFO; and Richard Galterio, Vice President. A Q&A session will follow the management’s discussion of the first quarter ended December 31 2011.

At this time I would like to refer to the Safe Harbor statement under the Private Securities Litigations Reform Act of 1995. During this conference call management may discuss financial projections, information or expectations about the company’s products or markets or otherwise make statements about the future, which statements are forward-looking and subject to a number of risks and uncertainties, that could cause actual results to differ materially from the statements made. These risks and uncertainties are detailed in the company’s filings with the Securities and Exchange Commission, including its most recent Form 10-K.

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