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Earth Dragon Resources (fka EARH) RSS Feed

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Welcome to Earth Dragon Resources

http://www.projectxcorp.com/
Locating and recovering valuable cargo from ships lost throughout the world's oceans



Project X, Inc., a wholly-owned subsidiary of Earth Dragon Resources, Inc. (the "Company"), was formed on June 1, 2011, for the purpose of 
entering into a Joint Venture with Deep Marine Salvage Inc., a Nevis corporation ("DMS"). The purpose of the Joint Venture is to engage in 
the business of locating and recovering valuable cargo from ships lost throughout the world's oceans. On September 6, 2012, Project X and 
DMS entered into a Joint Venture Agreement (the "JV Agreement") to set forth the terms of the parties' agreement to create and operate such 
Joint Venture (the "JV"). This JV supersedes the original Joint Venture dated July 20, 2011, and the Amendment to that Joint Venture dated 
January 13, 2012. The JV's business strategy is to locate and obtain cargo from identified shipwrecks located globally.  
The JV Agreement with Deep Marine Salvage, Inc. ("DMS") calls for the prompt and complete performance of JV funding obligations. On 
April 27, 2012, the parties entered into a Pledge Agreement whereby 10 million shares of the Company's common stock was issued to DMS to 
secure the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) by the 
Project X of the JV funding obligations, which for purposes hereof is deemed satisfied upon completion of either:



Corporate Information
 

Company Address:

Earth Dragon Resources Inc.
Azabu Green Terrace 5F
3-20-1 Minami Azabu Minato-ku
Tokyo, 106-0047 Japan

OTCBB: EARH

Incorporated: Nevada, October 23, 2007
Fiscal Year End: May 31st
CUSIP: 27031K200
Shares Outstanding: 254.48m (Jan 19, 2011)

Investor Relations:

Propheta Communications
70 East 10th Street,
Suite 6P,
New York, NY 10003
Tel: 212-901-6914
Cell: 617-593-1421
investors@earthdragongold.com

Legal Counsel:

Lawler & Associates
29377 Ranch California Road,
Suite 204,
Temecula CA 92591

Transfer Agent:

Island Stock Transfer
100 Second Avenue South, Suite 705S
St. Petersburg, Florida 33701

Telephone: 727-289-0010
Fax: 727-289-0069

Auditor:

Michael T. Studer CPA P.C.
18 East Sunrise Hwy, Suite 311
Freeport, NY 11520

 


 


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