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hmm, sounds very interesting.
DRGG chart looks identical to the day before PVTA ran +400%!!
DRGG DD:
Street trader try these new numbers:
http://www.bloomberg.com/quote/DRGG:US/profile
http://www.powerprofiles.com/profile/00005163902313/DRAGON+INTERNATIONAL+GROUP+CORP.-DEERFIELD+BEACH-FL-(954)+363-7333
Check this out, a company with a very similar name is active on the Florida sunbiz:
http://visulate.com/rental/visulate_search.php?CORP_ID=P04000163308
Coincidence? I think not…
More links:
http://www.corporationwiki.com/Florida/Deerfield-Beach/431-Fairway-Dr-Ste-200-Deerfield-Beach-FL-33441-a16358774.aspx
http://www.manta.com/c/mtwm889/dragon-international-group-corp
https://www.google.ca/#hl=en&safe=off&sa=X&ei=cb4QUNW7AurWiwKA8YH4Bg&ved=0CGUQvwUoAQ&q=431+FAIRWAY+DR+STE+200+Deerfield+Beach,+Florida+33441+dragon+international&spell=1&bav=on.2,or.r_gc.r_pw.r_cp.r_qf.,cf.osb&fp=aaeec201773a5a33&biw=1280&bih=624
some times that happens before a run.
often times, i have noticed that stocks will drop and a ton of volume hits,, then boom, they run.
i only got a tiny bit (didnt have much cash at all) but im in for the fun if it.. lets see what she does.
Hmmm what have we here....... DRGG....Looks VERY interesting... something going on?........z
Looks like it traded 4 million shares all year until today, with .001 and .005 as the range and .002 as an average price.
Wow, what happened here? Wish I hadn't missed those .0002s!
A/S is still 225 million, dunno about the O/S but the latest I could find is about 135 million.
Who sold today and why?
DRGG
MS99
DRGG could be huge runner. What do you think about what happened with the trading today? So many 10 dollar sells at 0.0001 lol.
6s up just before the end.
5s falling now
had to leave name/# Office: 954.363.7333 ext. 315
Any word yet?
calling right now
4s going..
It's about time here . Way under valued. DRGG
MS99
DRGG .0025s hitting up %25 looking for .003s easy breakout comming
Nice to see some positive activity here today. DRGG
MS99
A few months ago I called this number and was told DRGG is still in business and would be getting back in good standing with Nevada SOS, this hasn't happened as of yet. Feel free to call yourself.....here is the contact info.
Dragon International Group Corp.
U.S. Representative Office
431 Fairway Drive, Suite 200
Deerfield Beach, FL 33441
Office: 954.363.7333 ext. 315
MS99
I think DRGG is out of business. No financials since 2008 and their email does ot work.
Must read on DRGG 7/18/2011:
http://pcorlaptop.com/made/today180198files/forma549767
MS99
Up 33% so far today on less than 398K in volume. DRGG moves on air, won't take much to get back into pennyland here.
MS99
Just updated i-box with current share structure as of today 3/1/11. Spoke with Andy at the US Rep's office, and he said the company is still in business, but is no longer reporting. I asked about the default with the Nevada SOS as of 2/28/10, and he said they will be taking care of that shortly. I'll keep an eye on it. DRGG
MS99
Yeah looks like good accumulation here, see what next week brings. DRGG
MS99
DRGG +70% Closed at .0034 after hitting a HOD of .0036
No pull back at all on second day of gains.
Volume: 1,079,307
Closed: .0034
HOD: .0036
IHUB Trades
Buys: 1,064,307
Sells: 15,000 <<<<<----Only! wow!
Nice Day here at DRGG!
Cheers!
sdh
Seen some activity with DRGG today, have become mod and updated the i-box with the info I have now. Still doing DD here and will post more as I get it.
MS99
Daily short volume
20110224|DRGG|190000|3155673|O
MS99
Awesome share structure here:
A/S 225,000,000
O/S 134,752,772
DRGG
MS99
Link to DRGG active website
http://www.drgg.net/
MS99
Nice to see some volume here with DRGG
MS99
They are a packaging company in china. I think for medical supplies. They could be a shell co for other businesses. Google them
Can you tell me wht they do.
Does anybody have a long hold here.
How about some info on this companyu.
I like this company as well but China is having such an overall lousy 1st qtr I am concerned. Earnings IMO are not going to be good in the short term which I think will cause a downward drift in pps for some period of months.
Still profitable, even at reduced revenues. Margin went up. Not too bad for my taste.
DRGG Reports Record Financial Results for 2008 Fiscal Year
Revenues Exceed $44 Million for Fiscal Year 2008, up 190% From Fiscal Year 2007; Net Income Reaches $703,000, up From a Loss of ($802,000) in Fiscal Year 2007; Earnings of $0.01 per Basic Share for Fiscal Year 2008, up From a Loss of ($0.01) per Basic Share for Fiscal Year 2007
NINGBO, CHINA, Oct 02, 2008 (MARKET WIRE via COMTEX) -- Dragon International Group Corp. (the "Company") (OTCBB: DRGG), one of China's manufacturers and distributors of specialty paper products and packaging materials, announced today the Company's financial results for the fiscal year 2008 ended June 30, 2008.
Financial Highlights:
Revenues for the fiscal year ended June 30, 2008 were approximately $44.49 million, an increase of 190% as compared to revenues of approximately $15.34 million for fiscal 2007. Net income for fiscal 2008 increased to approximately $703,000 or $0.01 per basic share as compared to loss of ($802,019) or ($0.01) per basic share for fiscal 2007. Total assets for the fiscal year ended June 30, 2008 were approximately $26.29 million, an increase of 24% as compared to total assets of approximately $21.23 million for fiscal 2007. Total shareholders' equity for fiscal 2008 was approximately $11.30 million, an increase of 37% as compared to approximately $8.22 million in fiscal 2007.
The strong increase in operational performance was largely attributable to the acquisition of Wellton International Fiber Corp. on June 29, 2007. Our net income of approximately $703,000 was affected by several items including a favorable revision of approximately $1.4 million related to a tax accrual previously recognized in connection with our acquisition of Wellton. This was largely offset by a bad debt expense of approximately $1.2 million and a $325,000 charge related to impairment of intangible assets. The Company's net income was also reduced by an interest expense of approximately $350,000 attributable to its January 2007 financing.
Mr. David Wu, CEO and Chairman of Dragon International Group, stated, "Dragon posted strong sales growth for the fiscal year of 2008 and we did so on a profitable basis. We are pleased with our performance and are confident we can build on our results into 2009. Our acquisition of Wellton allowed us to grow our operations in the steady pulp and paper market in China as we continue to increase our efforts in the development of our pharmaceutical packaging division. We have recently entered the India and Pakistan pharmaceutical packaging markets and we are very pleased with our positioning as we enter fiscal 2009. We are committed to grow our business, improve financial performance and work diligently to increase our shareholder value."
About Dragon International Group Corporation
Dragon International Group Corp. is one of China's manufacturers and distributors of specialty paper products and packaging materials. DRGG has a distribution network covering east and central China. The Company and its subsidiaries have cultivated strategic relationships with several of the world's largest and most well-known manufacturers of paper and specialty packaging products. Dragon's Wellton International Fiber Corp subsidiary operates as an agent of pulp and related paper products, primarily acting as an agent and supplier for two categories of goods: paper pulp and waste paper. Wellton customers are manufacturers of paper and related products. The majority of Wellton's customers purchase both products using the services of Wellton. Paper pulp and waste paper are raw materials used to manufacture paper related products such as packaging products, office paper and other paper related products. For more information, please visit http://www.drgg.us
Safe Harbor Statement
In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the Company is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our confidence that we can build on our results in 2009 and our commitment to grow our business, improve financial performance and work diligently to increase our shareholder value. In addition, any such statements are qualified in their entirety by reference to, and are accompanied by, the following key factors that have a direct bearing on our results of operations: our ability to grow our business in general and more specifically our ability to continue to increase the results of our operations of Wellton, our ability to increase our efforts in the development of our pharmaceutical packaging division and our ability to maintain our positioning in the pharmaceutical packaging market in India and Pakistan.
We caution that the forward looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the year ended June 30, 2008.
Contact:
Gary Liu
954.363.7333 ext. 318
Email: info@drgg.net
SOURCE: Dragon International Group Corp.
CONTACT: mailto:info@drgg.net
Copyright 2008 Market Wire, All rights reserved.
News out today
http://biz.yahoo.com/iw/080915/0433728.html
Still a bag holder and
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Does anybody know when 6-30-08 results will come out????
Just because they report to the sec doesn't make them legit.
Have you forgotten about ENRON.
it is a fully reporting company with the SEC. It should be very reliable and audited by the SEC approved CPA firm
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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
Company website: http://www.drgg.net |
Contact Information: |
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):
With 134,752,772 shares outstanding and equity of $8,066,442 the valuation is .059 per share.
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