Business News

CHDT Subsidiary OBS Becomes New Consumer Electronics Manufacturer


CHDT Corp.

2008-03-31 08:38:00

CHDT Subsidiary OBS Becomes New Consumer Electronics Manufacturer

DEERFIELD BEACH, FL–( EMWNews – March 31, 2008) – CHDT Corporation, a Florida corporation

(OTCBB: CHDO) announced today that the company’s wholly owned subsidiary,

Overseas Building Supply(OBS), will be re-branded as a new consumer

electronic products company called Black Box Innovations, LLC. (BBI)

Management’s decision was based on the deepening decline in the housing and

construction industries which has resulted in the inability of OBS to

successfully penetrate the building supply market.

Black Box Innovations will focus on bringing innovative technology to

consumer products. The initial products under the Black Box Innovations

banner are well underway and the first product in a line that focuses on

organizing personal data, while providing both mobility and security, is

the Personal Pocket Safe™.

The Personal Pocket Safe™ organizes personal vital records — from

financial accounts and insurance policies to warrantees and passwords.

This critical information is safely contained in a PIN protected smart

drive, complete with 256-bit AES encryption and other layers of security

that ensure only the owner has access to the information the Personal

Pocket Safe™ contains.

“It is imperative that all our subsidiaries contribute to our bottom line

and with that in mind we have opted to use our existing OBS corporate

structure to launch a new and exciting subsidiary for CHDT Corp.,” said

CEO, Stewart Wallach. “We anticipate rolling out our first two products in

the first half of 2008 and have a substantial roadmap in place, which will

deliver new products to retail at a rapid pace,” he said.

About CHDT Corp.: CHDT Corp. ( is a holding company

engaged through its operating subsidiaries in the following business lines:

Capstone Industries, Inc. ( ) and

( is engaged in product development, manufacturing,

distribution, logistics and product placement to mass retailers; and Black

Box Innovations, LLC is engaged in the manufacturing and distribution of

electronic consumer products to mass retailers. Reference of URLs in this

press release does not incorporate said URLs or any of their contents in

this press release.

FORWARD-LOOKING STATEMENTS: This press release, including the financial

information that follows, contains “forward-looking statements” as that

term is defined in the Private Securities Litigation Reform Act of 1995, as

amended. These statements are based on the Company’s and its subsidiaries’

current expectations and involve risks and uncertainties, which may cause

results to differ materially from those set forth in the statements. The

forward-looking statements may include statements regarding product

development, new product distribution efforts, anticipated success or basis

for optimism about the potential of new business expansion efforts, product

potential or financial performance. The fact that CHDT seeks or consummates

investments in or acquisitions of other companies or undertakes new

business development efforts does not mean that such transactions or

efforts will favorably affect CHDT’s business or financial conditions — in

general or as forecasted. New orders for products does not necessarily

mean that additional orders will follow or that such orders will

significantly or favorably affect CHDT financial results. No

forward-looking statement can be guaranteed, and actual results may differ

materially from those projected. CHDT undertakes no obligation to publicly

update any forward-looking statement, whether as a result of new

information, future events, or otherwise. Forward-looking statements in

this press release and risks associated with any investment in CHDT, which

is a small business concern and a “penny stock company” and, as such, a

highly risky investment suitable for only those who can afford to lose such

investment, should be evaluated together with the many uncertainties that

affect CHDT’s business, particularly those mentioned in the cautionary

statements in current and future CHDT’s SEC Filings.

Jane Klein


free cash grants, free grant money, free money, cash grants, scholarships, business grants, foundation grants, government grants, debt grants, consolidation, college tuition, financial aid, medical grants, personal grants, medical bills, unsecured loans, no interest loans, financing, loans, capital, non profit organizations

Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89

Get Unlimited Organic Website Traffic to your Website now offers Organic Lead Generation & Traffic Solutions

Jordan Taylor

Jordan Taylor is Sr. Editor & writer from San Diego, CA. With over 20 years and 2650+ articles edited rest assured your Press Release will see traction.

Related Articles

Back to top button