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GDHI - The stock was up 109.1% and closed @ .0023 - News out @ the close - Momentum

1/16/2010 12:29 PM
Penny Stocks by: Penny Stock Chaser

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If you are having trouble viewing this message, please go to http://community.icontact.com/p/pennystockchaser/newsletters/psc/posts/gdhi-the-stock-was-up-1091-and-closed-0023-news-out-the-close-momentum-will-carr Hi , GDHI - The stock was up 109.1% and closed @ .0023 - News out @ the close -Momentum will carry this way past @ .01 next week THIS LITTLE GEM IS GOING TO KEEP MOVING MUCH HIGHER NEXT WEEK.

GDHI moved from .0005 on Thursday to a Friday close of .0023. This is a 360% move for our members who followed our twitter ( http://twitter.com/stockchaser) alert.

Our twitter is always very active during the trading day and is an excellent way for PSC to reach members within minutes.

PSC likes the upside in GDHI. The volume exploded to 580,631,232 shares on Friday and this landslide of trading is a clear buy signal for our team.

The fact that there was so much trading and the stock closed @ the high of ..0023 bodes well for trading next week.

The company released super strong news at the close on Friday night.

They are cancelling 1 Billion shares. This will reduce the outstanding and it clearly shows that GDHI wants to create value for shareholders.

Golden Dragon Holdings, Inc. Notice of Retirement of 1 Billion Shares of Common Stock 2010-01-15 16:05 ET - News Release BEIJING, Jan. 15 /PRNewswire-FirstCall/ -- Golden Dragon Holdings, Inc.

http://www.gdfbhk.com an international food and beverage distributor, today announced that during the yearend Board of Directors meeting, held on January 9th, 2010 the Board voted by unanimous decision to retire 1,000,000,000 shares of common stock. The Board will immediately retire 400,000,000 million shares of common stock and public confirmation can be made from our Transfer Agent Guardian Registrar & Transfer, Inc. Additionally, every month on the 15th the board will retire 100,000,000 million share for the next 6 months to reach the total retired value of 1,000,000,000 shares of common stock.

Mr. Frank J. Yglesias stated, "This is a positive step forward in improving the company`s overall capital share structure and bring value to our shareholders." About Golden Dragon Holdings, Inc.

Golden Dragon Holdings, Inc. 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.

Golden Dragon Holdings, Inc.

CONTACT: Golden Dragon Holdings, Inc., +1-888-889-8185, [mailto:ir@gdfbhk.comWeb] ir@gdfbhk.com Web site: http://www.gdfbhk.com/

Please remember to do your due diligence on GDHI.

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