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Dragon International Group Corp (fka DRGG)

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Last Post: 3/5/2013 9:36:47 AM - Followers: 7 - Board type: Free - Posts Today: 0

Dragon International

Dragon International Group Corp ("Dragon International") manufactures and distributes high end packaging products utilized in the packaging of pharmaceuticals as well as food and beverages and operates as an agent of pulp and related paper products. Dragon International was listed on OTCBB in October, 2004.

With the acquisition of Shanghai Jinkui Packaging Material Co., Ltd ("Jinkui") in June 2006, Dragon International trasitioned itself from manufacturing and distributing packaging products for tobacco, alcohol, gifts, cosmetics, tea to specialty packaging products, which creates a higher gross margin.

Dragon International holds an ISO9000 certificate and national license on import / export. The manufacturing facilities have reached advanced international standard and passed through state Good Manufacturing Process (GMP) inspection.

Our primary products are Cold forming blister aluminum foil, Tropical blister foil, PTP blister foil, SP laminated strip pack, AL/PE laminated strip pack, and Laminates for suppositories, including 8 series and a wide varieties. We are the pharmaceutical materials supplier for the markets in China as well as in Southeast Asia, Africa and South America

Dragon International Group Corp.                                             
No. 201, Guangyuan Road, District C
Investment Pioneering Park Jiangbei
Ningbo, China 315033

Tel: 86-574-83070703
Fax: 86-574-83070757
 

Dragon International Group Corp.
U.S. Representative Office
431 Fairway Drive, Suite 200
Deerfield Beach, FL 33441

Office: 954.363.7333 ext. 315
Fax: 954.363.7320


Info@DRGG.us

Share structure:

A/S - 225,000,000

O/S - 134,752,772 (per US Rep's office 3/1/2011) 

Latest Financial Info(taken from 10Q dated 5/19/09):

CONSOLIDATED BALANCE SHEETS
 
   
March 31, 2009
   
June 30, 2008
 
   
(Unaudited)
       
ASSETS
       
CURRENT ASSETS:
           
    Cash
  $ 96,217     $ 139,714  
    Accounts receivable, net
    1,526,136       2,961,450  
    Inventories
    2,435,135       2,701,656  
    Advances on purchases
    6,494,989       5,034,567  
    Other receivables
    102,595       57,536  
    Prepaid expenses and other current assets
    85,452       39,291  
    Subsidiaries held for sale
    -       9,149,516  
        Total Current Assets
    10,740,524       20,083,730  
                 
CASH RESTRICTED
    -       240,112  
PROPERTY AND EQUIPMENT - Net
    3,058,823       3,125,797  
IINTANGIBLE ASSETS
    3,104,923       2,813,666  
DEFERRED EXPENSE
    24,309       28,525  
TAXES RECEIVABLE
    35,206       -  
        Total Assets
  $ 16,963,785     $ 26,291,830  
                 
LIABILITIES AND STOCKHOLDERS' EQUITY
         
                 
CURRENT LIABILITIES:
               
    Notes payable - current portion
  $ 4,569,200     $ 4,479,563  
    Notes payable - related party
    1,022,555       1,018,657  
    Accounts payable
    2,775,766       2,921,503  
    Accrued expenses
    334,125       283,616  
    Advances from customers
    102,521       62,504  
    Tax payable
    -       40,015  
    Due to related parties
    93,176       -  
    Subsidiaries held for sale
    -       6,186,118  
        Total Current Liabilities
    8,897,343       14,991,976  
                 
STOCKHOLDERS' EQUITY:
               
Preferred stock $.001 Par Value; 25,000,000 Shares Authorized;
         
No shares issued and outstanding
    -       -  
Common stock $.001 Par Value; 200,000,000 Shares Authorized;
         
134,752,772 and 117,033,022 shares issued and outstanding at March 31, 2009 and June 30, 2008, respectively
    134,753       117,033  
    Additional paid-in capital
    12,329,088       11,640,962  
    Accumulated deficit
    (5,586,098 )     (1,800,842 )
    Subscription receivable
    (187,413 )     -  
    Other comprehensive income - foreign currency
    1,376,112       1,342,701  
        Total Stockholders' Equity
    8,066,442       11,299,854  
                 
        Total Liabilities and Stockholders' Equity
  $ 16,963,785     $ 26,291,830  
                 
                 
See notes to consolidated financial statements
 


With 134,752,772 shares outstanding and equity of $8,066,442 the valuation is .059 per share.

 

 

PostSubject
#255   DRGG revoked: Renee 03/05/13 09:36:46 AM
#254   Last one out please shut the light off SToNe_CoLD 02/06/13 11:09:27 AM
#253   Well, put a fork in this one. SToNe_CoLD 02/06/13 10:03:44 AM
#252   DRGG SEC Suspension: Renee 02/06/13 09:45:17 AM
#251   Sniff sniff. Is this life I smell? AlSwigin 02/04/13 03:27:02 PM
#250   http://reports.finance.yahoo.com/w1?r=58223892:1&.ignore=.pdf AlSwigin 01/26/13 08:54:05 AM
#249   Nibbled kzivann 01/16/13 10:38:03 AM
#248   Yes. Same owners as CHL*. I bought a AlSwigin 01/14/13 11:44:26 AM
#247   Let's see what this can do Buckeye00 01/14/13 11:41:59 AM
#246   Going to be in play soon. AlSwigin 01/13/13 11:30:28 AM
#245   nope, its not me. gail 08/03/12 10:18:09 PM
#244   Gail you the one buying here? The Visitor 08/03/12 06:39:15 PM
#243   You may be right, seems to be a The Visitor 08/03/12 06:38:07 PM
#242   I seriously doubt it but if so I mrpickem 08/01/12 05:32:24 PM
#241   Looks like DRGG is going back to .0001, The Visitor 08/01/12 12:43:09 PM
#240   drgg- bid moving up gail 07/30/12 01:04:05 PM
#239   drgg, more 7s going gail 07/27/12 03:32:07 PM
#238   drgg at .0007, trying to get moving. gail 07/27/12 02:07:02 PM
#237   DRGG .0008 going $treet Trader 07/27/12 09:46:15 AM
#236   DRGG .0008 $treet Trader 07/27/12 09:34:56 AM
#235   Huge run could be starting here. nvidiaforgames 07/26/12 05:05:50 PM
#234   your wish was answered. gail 07/26/12 03:57:20 PM
#233   DRGG .0007 going $treet Trader 07/26/12 03:53:36 PM
#232   yah! someone!! ;-) gail 07/26/12 03:47:19 PM
#231   SOMEONE HIT 7s!! nvidiaforgames 07/26/12 03:36:02 PM
#230   DRGG just need someone to tap 7s EOD lol nvidiaforgames 07/26/12 02:21:25 PM
#229   DRGG .0007 up/lets gooooo $treet Trader 07/26/12 01:28:49 PM
#228   Yep, someone trying to get their bid filled nvidiaforgames 07/26/12 01:03:13 PM
#227   ten dollar print at .0004. lol geneanddean 07/26/12 12:57:26 PM
#226   Someone will most likely take out the 57k nvidiaforgames 07/26/12 12:47:21 PM
#225   but the good news is, i only see gail 07/26/12 12:41:28 PM
#224   to the freggin idiot who whacked/take the rest $treet Trader 07/26/12 12:39:34 PM
#223   disregard. gail 07/26/12 12:37:00 PM
#222   DRGG .0006 x .0007 $treet Trader 07/26/12 12:36:04 PM
#221   I think DRGG goes huge if we close nvidiaforgames 07/26/12 12:33:54 PM
#220   DRGG should see .0007 and beyond/yes $treet Trader 07/26/12 12:32:32 PM
#219   DRGG looks like we're seeing 0007s today easy. nvidiaforgames 07/26/12 12:31:17 PM
#218   No, nothing yet and had a late start today $treet Trader 07/26/12 12:29:45 PM
#217   DRGG did you get anything back from the nvidiaforgames 07/26/12 12:26:57 PM
#216   DRGG .0006/160 k left $treet Trader 07/26/12 12:24:41 PM
#215   someone's eating up .0006 now. gail 07/26/12 12:06:10 PM
#214   should only be about 150k on.. gail 07/26/12 11:27:35 AM
#213   oh, i see what happened, my L2 is gail 07/26/12 11:07:25 AM
#212   250k on ask DRGG $treet Trader 07/26/12 11:03:23 AM
#211   only 500k on the ask. gail 07/26/12 10:56:35 AM
#210   Drgg gaining momentum here, could see 0.002 easy nvidiaforgames 07/26/12 10:20:49 AM
#209   DRGG .0005 x .0006,last .0006 + support $treet Trader 07/26/12 10:12:23 AM
#208   DRGG .0006/250 k left $treet Trader 07/26/12 09:53:51 AM
#207   Drgg yesterday made chart look like pvta run nvidiaforgames 07/26/12 09:43:41 AM
#206   DRGG .0006 $treet Trader 07/26/12 09:35:07 AM
PostSubject