Keep an eye out for these douchebag Scam Artist. Tim Lanza, .... , Missoni Lanza, Mario Lanza, .... , Dei Lanza (or Daye Lanza)
| ||Corporate Headquarters |
PO Box 458
100 North Land Avenue
Oil City, LA 71061
| ||CUSIP: 09202W 106 |
Trading Symbol: BDGR
A Delaware Corporation
Headquartered in Oil City, Louisiana, Black Dragon is in the business of enhancing the productive output of crude oil and natural gas in mature, marginal stripper wells, a well whose production has slowed to 1/2 bbls of crude oil per day or less.
There are over 400,000 crude oil stripper wells in the United States, which produce nearly 1 million bbls of crude per day. Not all mature wells are producing; many have been abandoned and plugged, due to lower market prices for crude oil in the 1980s.
There are approximately more than 245,000 natural gas stripper wells in the USA stripper gas well is defined as one that produces 60,000 cubic feet or less of natural gas per day.
The Department of Energy reports that marginal wells plugged and abandoned between 1993 and 2000 represents 150 million barrels of crude still in the ground, creating a huge opportunity for an experienceproduction company to exploit, in view of the current and projected market price of oil, and at the same time, aid in lessening U.S. dependence on foreign oil.
Black Dragon will continue to acquire viable blocks of wells, and raise average-daily output by putting plugged wells back in operation, and begin to employ enhanced recovery methods.
Officers & Directors
Thomas Neely - Chief Executive Officer and Board Chairman
Served in the US Army from 1946 until issued Honorable Discharge in 1948. Attended Multnomah College-Portland, Oregon and Lewis & Clark College-Lake Oswego, Oregon in 1948-1951.Served as City of Portland Traffic Engineer from 1952 until retirement in 1983. Since retirement has served as Director and or Officer of several corporations including Maesa Petroleum, Inc., OMDA Oil & Gas, Inc. and Black Dragon Resource Companies, Inc. Holder of the one Preferred Class "A" share (see below) given to him by Joseph Lanza. Receives direction from Joseph Lanza. Dei Lanza
-Secretary and Director - Daughter of Joseph Lanza and receives direction from Joeseph Lanza Joseph Lanza
- Has nothing to do with the Company and has no part in its management.
"The onshore Gulf Coast oil and gas producing region of Louisiana, Mississippi, and Texas District 3 has 36 Billion barrels of oil which will be left in the ground following the use of today's oil recovery practices. A major portion of this 'stranded oil' is in reservoirs technically and economically amenable (EOR) using carbon dioxide (CO2) injection."
Financial Rports: http://www.otcmarkets.com/stock/BDGR/financials
Share Structure (for the period ending December 31, 2011)
Source: 2010 Annual Report
| ||Shares Authorized: ||Shares Outstanding: ||Par Value ||Voting rights (according to "management") ||Max True voting rights ||Public Float: ||Number of Shareholders of Record: ||Notes |
|Common ||30,000,000,000 ||22,091,666,667 ||$.0000001 ||22,091,666,667 ||22,091,666,667 ||21,974,190,139 ||203 ||Each share of Common Stock is entitled to one vote and do not have any preemptive rights. Dividends if any are declared at the discretion of the Board of Directors |
|Series A ||1 ||1 ||$1.00 ||33,223,425,550 ||88,913,688 ||0 ||1 ||Series A. Does not entitle the Holder to dividends; is entitled to vote with the Shares of the Company's Common Stock with voting rights equal to one and one half times the number of the total issued and outstanding shares of the Company entitled to vote; has no right of conversion to Common Stock; not entitled to receive any preference to any distribution of any of the assets or surplus of funds of the Company in liquidation. |
|Series B ||10,000,000 ||0 ||$.001 ||0 ||0 ||0 ||0 ||Series B. Does not entitle the Holder to dividends; is entitled to vote with the Company's outstanding Common Stock on a two-for-one basis; Each share of Series B Preferred Stock may be converted into two shares of Common Stock of the Company; Holders of Series B are not entitled to receive any preference to any distribution of any of the assets or surplus of funds of the Company in liquidation. |
|Series C ||100,000,000 ||0 ||$.001 ||0 ||0 ||0 ||0 ||Series C. Does not entitle the Holder to dividends; is entitled to vote with the Company's outstanding Common Stock on a one-for-one basis; Each share of Series C Preferred Stock may be converted into one share of Common Stock of the Company; are not entitled to receive any preference to any distribution of any of the assets or surplus of funds of the Company. |
|Series D ||2,000,000 ||572,837 ||$4.50 ||57,283,700 ||572,837 ||0 ||4 ||Series D. The Holder is entitled to receive a dividend at the rate of 2.5% per annum; is entitled to vote with the Company's Common Stock; Each share of Series D Preferred Stock may be converted into such number of shares of Common Stock of the Company as is determined by dividing $.01 by the Conversion Price; Holders of Series D Preferred Stock are entitled to receive, prior and in preference to any distribution, $.001 per, share for each share of - Series D Preferred Stock held. |
|Total of possible votes || || || ||55,372,375,918 ||22,181,153,192 || || || |
|Percent of Preferred votes to Possible votes. || || || ||60.1% ||0.40% || || ||Management claimed it had acted by Majority because it had 60% of the votes when it did NOT. Management has been acting Ultra Vires since at least April 1, 2010. A proper audit would disclose the time management first started to do so. |
ITEM VII THE NAME AND ADDRESS OF THE TRANSFER AGENT
Signature Stock Transfer, Inc.
2632 Coachlight Court
Plano, TX 75093
Signature Stock Transfer, Inc. is a Transfer Agent registered under the Securities Exchange Act of 1934.
The Company has "Gagged" the Transfer Agent per the following notice:
"Per company written request effective `04-04-2007 All info is given and distributed by the companys office directly quarterly and is on file with pinksheets.com."
The company refuses to provide that information except through its filings on Pinksheets, but does not keep its filings current. During the 30B share dilution in the last 6 months of 2010, the Company IMPROPERLY increased its authorized shares WITHOUT SHAREHOLDER APPROVAL OR NOTICE on many occasions by consent of the single Preferred Class "A" share "entitled" to vote on behalf of the shareholders, and did not update that info on pinksheets nor issue Press releases. To the contrary, on several successive occasions they announced the PREVIOUS dilution on the same day they then immediately voted a new dilution, not disclosed, appearing to be an obvious attempt to misinform the shareholders as to the intended depth of the dilution while simultaneously issuing Provacative "forward looking" Press Releases. Many would consider this to be a classic "Pump and Dump" scheme. The scheme, were it such, was conducted by "entrenched management" whose only ability to continue to do this was based upon an assumed "floating" voting right that gave themselves 150% of the voting rights of any new shares issued for no compensation.