China Vesting Issues Update on China Direct Industries, Inc.

Press Release Source: China Vesting On Thursday September 29, 2011, 9:32 am EDT
LOS ANGELES, CA–(Marketwire -09/29/11)- China Vesting, a leading investment newsletter dedicated to Chinese public companies listed in the United States, today announced that is has issued an update on China Direct Industries, Inc. (NASDAQ: CDII – News). The update is available here:

China Direct Industries, Inc. insiders have bought a total of 219,000 shares in the open market between 9/21/2011-9/26/2011:

Name Position Date Shares Price Total Cost
Andrew Wang CFO / Exec. VP 9/26/2011 15,000 $0.86 $12,900
Adam Wasserman Director 9/23/2011 14,000 $0.85 $11,900
Wang Yuejian CEO 9/22/2011 150,000 $0.87 $130,500
Sheldon Steiner Director 9/21/2011 20,000 $0.90 $17,940
Philip Shen Director 9/22/2011 20,000 $0.86 $17,190
219,000 $190,430
China Direct Industries, Inc., is a U.S. based company that sources, produces and distributes industrial commodities in China and the Americas and provides business and financial consulting services. Headquartered in Deerfield Beach, Florida with corporate offices in Shanghai, China Direct Industries’ unique infrastructure provides a platform to expand business opportunities globally while effectively and efficiently accessing the U.S. capital markets.

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