Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
It is not completely a double post. Read the last message. It has been edited with more information which is vital for even you yourself to understand because of the position it places you in as a shareholder.
Open your legal books and while you are at it also SEC Regulations. Until otherwise stated by the SEC they are the Board.
We state again we are not for or against either but what takes precedence here is a legal issue and until it is resolved the shareholders should not be held hostage over this situation.
What is of legal importance here is a fact there is a material fact which must be disseminated via the recognized news services so all shareholders have the same advantage on a level playing field. Not all shareholders visit message boards. Therefore anyone here is privy to information which is not legally available to the entire investing public. Do you understand the ramifications of this now?
Open your legal books and while you are at it also SEC Regulations. Until otherwise stated by the SEC they are the Board.
We state again we are not for or against either but what takes precedence here is a legal issue and until it is resolved the shareholders should not be held hostage over this situation.
I think you had better do better due diligence on legal matters. The question is a legal one, and until such time it is resolved the parties responsible will be held accountable. Legalities take precedence here not outright sabotage because of personal vendettas.
It is also obvious the opposing side could be taking advantage of this with insider trading violations and that is a very, very thin line.
He was illegally blocked by the opposing parties from disseminating it on the legally required news wire services that is why he posted it here. They have illegally overstepped their bounds. It still must be released through the recognized wire services and until any dispute is settled their is only one Board of Directors that is recognized legally by coporate law until proven otherwise.
We are not for or against the present Board but they do have the only legal authority at the present time. Those are the plain and simple legal facts.
He was illegally blocked by the opposing parties from disseminating it on the legally required news wire services that is why he posted it here. They have illegally overstepped their bounds. It still must be released through the recognized wire services and until any dispute is settled their is only one Board of Directors that is recognized legally by coporate law until proven otherwise.
I don't care who is preventing this news from coming out but it had better come out for everyone's sake. The parties responsible for preventing it have crossed a very thin line.
This release for legal reasons has to be released regardless of whatever infighting there may be. It is a material fact at the moment and it still must be released the way it is. If the opposing side has a problem with it they must release what their problem is, but it must be released.
Black Dragon Resource Company Inc. Enters into a
Letter of Intent with Summit Resource Management, Inc.
Oil City, LA – January 4, 2008 – Joseph Lanza, President of Black Dragon Resource Company (BDGR) announced today that the Company had entered into a Letter of Intent with a management team prepared to assume executive and operational control of the Company. Mr. Lanza stated that on Friday January 4, 2008 Black Dragon and Summit Resource Management, Inc. executed the LOI which provides that Summit has agreed to assume responsibility for management effective within two weeks in order to assist Black Dragon in its objective to improve production and profitability. The principals of Summit are Messrs. J. Benjamin Johnson and John M. Martineck, who together have over 50 years of experience in oil and gas production and management, having both been with Atlantic Richfield Company (ARCO) and as independent oil and gas consultants for many years.
Mr. Lanza said that the Company is excited to have been able to attract such qualified people to assume management control given the present lack of capital in hand to expand development.
One of Summit’s strong specialties is working with owners of properties to improve the profitability of their assets. . Mr. Martineck, President of Summit, echoed Mr. Lanza’s enthusiasm concerning Black Dragon’s potential and stated that he was extremely optimistic due to the large untapped potential of the company’s assets. He added that he was optimistic that Summit’s efforts to attract new capital will also be successful.
Upon the finalization of all documentation between Black Dragon and the funding sources, including the infusion of capital, Mr. Johnson will replace Mr. Lanza as CEO and Director. Mr. Martineck will then assume the position of Chief Operating Officer and Director. No other details of the Letter of Intent were disclosed. For information concerning Summit you are invited to go to www.summitrm.com.
SOURCE Black Dragon Resource Companies, Inc.
http://www.black-dragonoil.com
Contact:
Mr. Joseph Lanza, President
318-995-0404
Merger is imminent. Keep your eyes open.
Don't take my word for it but JAGH could be about to climb beyond the stratosphere. Simple mathematics can show that this could surpass everyones' wildest dreams. Even TASR could be shadowed in what you could be about to see. The entire investment world has been waiting for this one.
I hope the moderators let this message through.
Dusty check Pinksheets.com and look under filings and you will see it or SEC.gov.
If someone on here can post what I send them in Russian I will send it to them and they can paste and post it.
The only truth is what you can hear or see for yourselves and that is the only truth in the end. That will shape your beliefs in what is real or not dependant on differing optional possiblities and which has the strongest pull to form your own convictions of belief.
Repeated again, and for last time. Call Moscow yourselves so you can hear answers to your questions from the other side before Monday hits. It is your money in this.
The cell phone will give you Nikolai Agafonov and not Nikolai Kotschin. Nikolai Agafonov speaks English enough to talk to and answer questions. He is Kotschin's translator. You should hear from the Russian side in your own due diligence.
Investment Group “LesKo”
105264
Moscow
9-ya Parkovaya, 37
Office: 7 -495- 564-8305
Cell: 7-926-409-5016
Contact: Nikolai Kotschin, Director
Worth repeating again. It would be very wise if more of you called the numbers below tonight. Especially before tomorrow's meeting. It is 5:25AM in Moscow right now so in four hours it would be 9:25AM. That way you will have an answer ready before tomorrow's meeting and know the right questions. It is truly amazing that none of you or even TorontoRaptor have even bothered to call with money tied up in this company.
The cell phone will give you Nikolai Agafonov and not Nikolai Kotschin. Nikolai Agafonov speaks English enough to talk to and answer questions. He is Kotschin's translator. You should hear from the Russian side so you are prepared with your own questions for what is said at the meeting .
Investment Group “LesKo”
105264
Moscow
9-ya Parkovaya, 37
Office: 7 -495- 564-8305
Cell: 7-926-409-5016
Contact: Nikolai Kotschin, Director
It is a good thing everyone is ignoring this board because from what we hear this is about to move up big time with the merger. From what we hear it will move up before the split so the post split price will be even higher. Some mysterious Middle East de ja vu?
We are not with the company, that is why we did our own due diligence by calling LesKo and it is only wise if others on here also make the call. Lesko exists and they know about DMTN but one of the calls left us puzzled to say the least. It is up to you to make the calls for yourselves and judge for yourselves. We prefer not to say one way or the other what we feel in the event we are wrong and we do not want to appear to be either "for or against".
if anyone called you might get an awakening of what they have to say. Make sure you know how to speak Russian. We leave it at that. Instead of trying to guess, make the call. It will be a real eye opener very fast. Instead of us telling you, you will hear for yourself. Will you like what they have to say? Are you afraid of the answers?
If everyone wants answers why hasn't anyone of you called the numbers below, asked questions and searched the address? Wouldn't you think it wise? Then you will be able to make intelligent decisions.
Investment Group “LesKo”
105264
Moscow
9-ya Parkovaya, 37
Office: 7 -495- 564-8305
Cell: 7-926-409-5016
Contact: Nikolai Kotschin, Director
LesKo just confirmed as legitimate. We just completed a very lengthy teleconference meeting with Nikolai Kotschin of Investment Group LesKo in Moscow, Russia and confirmed their role as intermediaries between their clients as proposed buyer and D Mecatronics Inc. From our meeting we are satisfied of the legitmacy of the proposed buyout as having sufficient merit to warrant serious consideration.
Nikolai Kotschin has agreed to another telconference meeting for us on Wednesday, December 5th after which we will provide a further more detailed update.
It must be emphasized that everything that is being discussed is only to confirm what is already public knowledge and in no way constitutes any privileged information not already made available by the company.
We have conducted and do conduct business in Russia and we understand the methods of doing so in that country. It is a well known fact that many international corporations have already recognized the tremendous business opportunities that this country presents and have expanded their corporate operations to this country. It is not by chance that Moscow is fast becoming the international business centre globally, and also rivals New York as one of the most expensive cities in the world.
We understand there will be those that may wish to "bash" our research and we make it very clear that we will not waste our time with such attempts as it would be a waste of time. Our only aim is to provide the results of our own research/due diligence efforts to shareholders.
As a point of interest only, a few short months ago another public company became the object of a buyout offer to be taken private at $14.00 per share. The company also became the object of a "short squeeze" as it is termed by investors. The company very quickly climbed from $0.07 to $30.00 per share. The share price run-up in that company in essence paid for the buyout offer and made investors a very nice profit.
We also wish to emphasize we are providing our research only as information for investors and not as a recommendation to buy or sell. Investors should consult with their own registered investment advisors.
Sorry to burst all the bashers bubble here. We are right now in the process of verifying information with our contacts in Moscow and will be giving you an update later tonight. So far we have confirmed some of the facts and this is very likely legitimate. Investors who do not understand legalese are being shaken by the wording and are easily shaken by the bashers who know that this is a weakness. Read the complete Proxy completely and understand this wording is a legal requirement but it does not say the buyout will not happen.
Later tonight when we have finished with our contacts in Moscow we will provide another update. We are shareholders and we will hold.