CHDT Corp. (CHDO.OB) Hits Milestone with $2.6M Order Backlog
CHDT Corp. operates through its subsidiaries to design and manufacture consumer products to retailers and wholesalers throughout North America and Latin America. The company continues to increase its distribution through retaining new retailers and developing new products, which has resulted in a record 2010 year-end order backlog of $2.6 million for shipment in the first quarter. The first quarter of the year is generally the slowest quarter for the company. Last year CHDT lost $508,000 on sales of $353,000 for the first quarter. In 2010, CHDT subsidiary Capstone Industries Inc. switched gears, shedding its under-performing product lines to focus on…