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Down But Not Out Company Receives $350 Million Purchase Order

ACCESSWIRE

Down But Not Out Company Receives $350 million Purchase Order

MIAMI, FL / ACCESSWIRE / December 2, 2015 / Down but not out company receives $350 million purchase order. CD International Enterprises (CDII) is a U.S.-based company that sources and distributes industrial commodities in China and the Americas. Their stock has been beaten down almost 95% over the past 100 days before the company just announced a major purchase order.

Their wholly owned subsidiary, Capital Resources Management Corporation, just received a 240,000 ton copper concentrate purchase order to be fulfilled over 24 months beginning in 2016. With the cost of copper today, the order is valued at approximately $350 million. Management of CDII plans to source the product from Chile and Peru and finance the transaction by transferring a portion of a transferable letter of credit issued by the buyer to the supplier.

CDII has over the past several years delivered copper concentrate form Chile and Bolivia to China and they have been working vary hard to strategically place themselves between their suppliers in South America and their Buyers in China.

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Copper concentrate is the most basic form of copper product sold by Freeport McMoRan (NYSE:FCX) who is currently one of the world's leading producers of copper concentrate.

This transaction could change the landscape of CDII for the years to come. According to Yahoo Finance, there is only 86.61 million shares outstanding on CDII.

Other Companies Making their Mark:

A resort on the Black Sea is worth $307.2 million to the shareholders of AgriEuro Corp (EURI), and they realized it. Shares of AgriEuro shot up after the announcement to an intra-day high 4 days later showing a 133% gain before shareholders took some money off the table. The stock displayed a healthy pull back the following day while closing up 4% yesterday.

AgriEuro intends to build an all-inclusive resort with a capacity of 620 accommodations which will become the largest resort on the Black Sea. Once completed, the company estimates that the 620 accommodations will average an occupancy rate of 70% during the high season (180 days) at an average of 100 to 200 euros per night. The resort will deliver high quality European service in a green environment.

Net Element, Inc. (NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise ("SME") in the US, Russian Federation and other international markets.

The company just announced a 171% increase in subscribers currently exceeding 3 million since January of this year. The Company is also going through a significant rebranding of its name and logo to reflect the evolution of the company and its initiatives as a digital provider of mobile payment services and content monetization tools.

Net Element has shown a 500% pop over the past week and a one-year volume record.

NEXT Group Holdings, Inc. who recently finalized its definitive agreement with Pleasant Kids Inc. (PLKD) has seen constant volume over the past few weeks coupled by a strong increase in money flow into the company causing a 300% increase in its stock price. The stock yesterday touched .41 as it breaks its one-year price high by 33%.

NEXT Group Holdings, Inc. is a leading-edge communications technology company focused on providing innovative mobility and remittances solutions for the emerging markets. The company announced right before the run up the establishment of a research and development office in Tel Aviv, Israel.

Look for their next step of combining mobility with NEXT CALA GPR, a long-distance rewards program that lets users earn points that converts into HD Video min and long-distance Voice calls.

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