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cameraturd, are you talking before or after your lunch? 57 was a bdgr bull going into the lunch. after the lunch, he became increasingly bearish, with good reason.
Lou, "There is nothing in an audit that cannot be fixed"
Your naiveté is mind-boggling. Are you in a trance? There are many things, criminal things, unethical things, self-dealing things, fraudulent things, insider-share-dumping things that Lanza would never want known, let alone "fixed".
Lanza knows that an audit will make the shares go down, not up. That's why we don't have an audit.
LGL8054, the promised audit is part of the pump, that Lanza uses to dump. it doesn't exist. it isn't in-process. it's the longest running of Lanza's lies.
Cameraturret promised this message board for months and months that an audit was forthcoming, and to trust the 'new' BDGR. When the audit never arrived, Cameraturret then told this board that Lanza "never intended for the audit to be released to the public". A flat-out contradictory lie of everything either Lanza or Cameraturret promised.
What does it take to eliminate gullibility on this board?
Another week rolls by and no "published financials", let alone an Audit.
From April 10, 2007 PR:
"...Lastly, management expects to publish 2005 and 2006 financials this week. Consequently, Black Dragon expects that all financial information will be given to the SEC Approved Auditors this week..."
Lanza just lies and moves-on.
57tbird was of service to this board. cameraturret prolonged the scam.
how do they sleep at night? counting the money from the shares that they fraudulently sold to us, as the stock drops into the sixes.
cameraturret, so you knew this, but u hid it from the rest of us investors here? did u disclose this to callers on your lilttle telephone chats? you're a real trustworthy shareholders' advocate! u have zero credibility. in fact, you're as crooked as the rest of them. you will be sued along with Lanza.
i hope you own a ton of BDGR.
charts talk, you never answered the question: Do you really feel that a company that has promised an audit (and many other things) dozens of times over the last 2 years (most recently on April 10), but never delivered, does NOT deserve to be bashed?
mr. market doesn't even react to Lanza's PRs anymore. why do you think that is?
charts talk, you never answered the question: Do you really feel that a company that has promised an audit (and many other things) dozens of times over the last 2 years (most recently on April 10), but never delivered, does NOT deserve to be bashed?
mr. market doesn't even react to Lanza's PRs anymore. why do you think that is?
BDGR down 18% today. Oil & gas markets have been strong. Somebody knows what's coming and they're moving out of the way, or Lanza is flooding the market with shares to keep BDGR afloat.
I was hoping for a happy ending where Lou probes her mercilessly on the drilling rig...uh, that they bought for $400,000.
Another month rolls by and no "published financials", let alone an Audit.
From April 10, 2007 PR:
"...Lastly, management expects to publish 2005 and 2006 financials this week. Consequently, Black Dragon expects that all financial information will be given to the SEC Approved Auditors this week..."
2 months ago...Lanza just lies and moves-on.
Lanza-Lou hearsay is no substitute for an Audit. Where is it? Where are the publshed financials? If Lanza's written word is worthless, what good are his oral responses? Let me answer that for you: Less than worthless.
shareholder advocate Cameraturret suggests "Suicide"...isn't that wonderfully reassuring? and he's the best hope we've got.
Amazing how many pumpers completely freaked-out at the notion of Lanza getting sued; and also the pumpers' forceful insistence that Lanza is penniless. Makes one wonder who's paying these pumpers and who they're so loyally protecting? Don't bite the hand that feeds you...and we know as a fact, that in the past, Lanza has fed the pumpers with BDGR shares.
"The lady doth protest too much, methinks" (W.S.)
Only a paid pumper would proselytize for Lanza and his lying, corrupt organization. Everyone else in management has quit.
BDGR's Paid pumpers are not gonna get away with it on my watch. And let there be no doubt, Lanza has paid pumpers, who are paid in BDGR shares.
Dragon Slayer, while i recognize that u have, how shall i put it, a somewhat flexible relationship with reality, u can't have it both ways...if Joe has no money, then BDGR, Petrol Ind. & Four Star should be selling at $0.00/share ... and u'd be invested in a worthless security... do the math.
If Joe has no money, then BDGR, Petrol Ind. & Four Star should be selling at $0.00/share ...
Bankruptcy does not = "Ha, Ha, advantage Joseph Lanza."
To the contrary, it would mean a BK Court would be granted powers to investigate, and liquidate, if necessary, in an orderly fashion.
earth to marsnvest, you're very protective of Joe. are you Joe? or just a Joe enabler? i'm talking about suing Joseph Lanza, not just BDGR alone.
Steve, Lanza has other assets that could be attached in a judgment, such as 4 star, petrol ind., etc.. then there are SEC sanctions and RICO criminal violations that would both punish him and prevent him from ever doing this again to public investors (and hopefully put him behind bars...once again).
dragon man, u're absolutely correct. i hate off-topic crap.
You sold Covered Calls, look it up. That's what you wrote, or were you lying again? Alzheimer's is tough, or in your case, menopause...
Spunkyknight, too bad you chickened-out and sold COVERED CALLS at around $6.50 on your MED position; your CALL buyer pocketed most of what shoulda been your gain...what a loser.
Spunkyknight, Did I ask you? If I want to know something about your other stupid investment (MED), would I ask ChartsTalk? All you do is whine and cry about posters who tell the truth, who currently outnumber the paid pumpers. I see they hate you over on the MED message board too. You're nothing but a foul-mouthed loser and abuser.
charts talk, you never answered the question: Do you really feel that a company that has promised an audit (and many other things) dozens of times over the last 2 years (most recently on April 10), but never delivered, does NOT deserve to be bashed?
mr. market doesn't even react to Lanza's PRs anymore. why do you think that is?
OMDA's lawsuit exposed BDGR for what it was, and BDGR = Lanza. BDGR's pps began to tank with the lawsuit and the revelations it contained. It lead to an investigation by investors into the character of Lanza, and a litany of past malfeasance was discovered. Lanza's lying PRs only further reinforced the dishonest nature of BDGR management.
In the end, if BDGR loses the suit, it will likely lead to bankruptcy. If not, a large settlement would cripple BDGR, which is already struggling to pay its basic expenses. Most of BDGR management has either quit or been fired. Then there are shareholder suits and possibly a suit from Red Chip, et al. This company faces a long fight for its very survival.
These scam artists could learn something from Lanza...
FORBES
OutFront
Shock Jocks
Jonathan Fahey 06.18.07
A small electric vehicle company stays alive by promising wonderful things--just around the corner. The Zap-X is a marvel. It solves every problem that has foiled attempts to build electric vehicles. It can recharge in ten minutes and can travel 350 miles on that charge. This rocket produces 644hp and goes from zero to 60mph in 4.8 seconds, with a top speed of 155mph. It carries seven passengers. Oh, and the windows are made out of photovoltaic glass that turns sunlight into horsepower.
If, of course, it existed.
There are no standard-size electric automobiles sold in the U.S. today at all, never mind one with statistics approaching those that Zap claims. Yet Zap, an outfit in Santa Rosa, Calif. that makes its money selling repossessed cars, electric scooters and a handful of Chinese-made three-wheeled electric cars, says the world-shattering Zap-X is "coming soon." The company even asks for deposits of $25,000 on the cars--without saying how much they will eventually cost or when they will arrive.
Zap has a history of promising greatness just around the corner. The company issues press releases about twice a week to make sure the good news keeps flowing. And it pays a service called RenewableEnergyStocks.com to tout its shares.
God forbid that the share price fall. The company issues stock for just about everything: sponsorship, property, legal fees, even room rentals. It issued 450,000 shares to buy property in 2005, but if the stock falls, Zap has to pony up even more shares.
Last year this company issued $4.1 million in stock-based compensation to employees and $4.7 million in stock to "consultants," including family members. Quite a lot of equity activity for a company that lost $11.9 million on sales of $11 million (most of which came from a one-year operation that has been shut down). Still, it's an improvement over 2005, when the company booked $15.9 million in stock for "consultants" during the year while recording only $3.6 million in sales and a loss of $23.5 million.
In January of this year Zap repriced 22 million warrants issued to employees and extended their expiration five years. The warrants, once priced between $1 and $8, are now priced between $1 and $1.20. That cost the company an earnings charge of $12 million in the first quarter--ten times revenue. And it set a not exactly ambitious goal for executives, to boost the share price 8 cents from a recent $1.12, over five years.
"As a public company, stock is our currency," explains the company's chief, Steven Schneider, who took the top job when Zap, which stands for "zero air pollution," bought Schneider's auto repossession business in 2002. Schneider owns 16 million Zap shares, 32% of the company. But that isn't the only way he and his family benefit. He leases real estate back to the company; two of his cousins receive stock for things like consulting services and Web site design; a cousin had a $56,000 loan forgiven by the company last year; and his brother runs one of the company's distribution units.
Public since 1996, the company has had just one quarter of profits, and that came from unwinding a liability that had been booked for another big-promise idea that went nowhere. Zap had tried to become the distributor of DaimlerChrysler (nyse: DCX - news - people )'s tiny Smart Cars, going so far as to announce that it had $1 billion in orders for them. When Zap announced sales plans of 15,000 cars per year in November of 2004, its share price doubled. But Zap had no relationship with DaimlerChrysler and ended up delivering a total of 342 Smart Cars before the project disintegrated in lawsuits.
Schneider acknowledges the Smart Car fiasco hurt the company's credibility, but he swears electric vehicles are closer than we think. "This is our year of execution," he says.
When hydrogen was the rage, Zap promised fuel cell vehicles with an announcement of a $100 million agreement with a fuel cell maker. That was in 2004; the vehicles don't exist yet. Then it was ethanol. Zap said in 2005 it had ordered 50,000 Brazilian-made vehicles that can run on 100% ethanol or gasoline. None has been delivered. Zap's latest big claim came this April: It received a $79 million order for its electric vehicles, the "largest order in history." The stock rose 14% on the day of the announcement. The "order," however, came from a new electric vehicle distributor set up by a pair of hedge funds. These hedge funds own stakes in Zap.
Mr. Market says "no confidence" to Mr. Lanza's latest from the BDGR PR lie machine. There's an oil 'n' gas party goin' on, but BDGR ain't invited. Nothin' but burnt Clevelands.
Wake me when we get the Audit...Zzzzzzzzzzzzz
Cameraturret, was it you that claimed repeatedly that the OMDA lawsuit was dead (because their counsel resigned) ? Well, whoever it was, it's death was greatly exaggerated...
"...Updating last week's release, Black Dragon has retained additional counsel to defend itself against the OMDA Oil and Gas, Inc. lawsuit, which they believe to be baseless. Management points out that they are intent on using any resources necessary to resolve this matter...."
"Any resources" = Shareholder resources.
Uh, is this the MED board? I thought it was the burning-up-the Clevelands board.
Another week rolls by and no "published financials", let alone an Audit.
From April 10, 2007 PR:
"...Lastly, management expects to publish 2005 and 2006 financials this week. Consequently, Black Dragon expects that all financial information will be given to the SEC Approved Auditors this week..."
Lanza just lies and moves-on.
Yep. Same lie, different day.
Black Dragon Resource Companies announced that it intends to become a fully reporting company and to apply for listing on the Nasdaq Over-The-Counter Bulletin Board.
The Company is currently interviewing accounting firms so that it can prepare audited financial statements, however....
1) BDGR has no money to pay for an audit;
2) Lanza didn't like what the Auditors must report;
3) BDGR never intended to get one in the first place;
4) BDGR is looking for a more promiscuous accounting firm, because Malone & Bailey refused to do what Lanza told them to do.
And burning-up the Clevelands on BDGR
First of all, it was nearly 7 weeks ago and secondly, the excuses could only be:
1) BDGR has no money to pay for an audit (not a good excuse);
2) Lanza didn't like what it discovered (also not a good excuse);
3) They never intended to get one in the first place (the real reason).
dragon man, you're right, this is the elephant in the room, and u are absolutely correct to ask, over 'n' over 'n' over. cameraturret sidesteps our questions because he believes the problem with bdgr is not Lanza, but the posters; who won't stop reporting bdgr's past and on-going lies...like the audit.
we don't care what Lanza says and we never will. those days of trust are long gone. only an independent audit (which Lanza has promised over 'n' over 'n' over) will do.
Ha! Bring it on!! And what about your possession and distribution of material, nonpublic information?
Where's the audit? Where are the "published financials"? How many shares has Lanza pumped and dumped over the last year?
Oh yea, another week rolls by and no "published financials", let alone an Audit. I'd almost forgot.
From April 10, 2007 PR:
"...Lastly, management expects to publish 2005 and 2006 financials this week. Consequently, Black Dragon expects that all financial information will be given to the SEC Approved Auditors this week...
It has been 7 weeks now. Lanza just lies and moves-on.