JL's career is just about over, as evidenced by the removal of a certain PR on the wire services.

kenco, I have no idea what rotflmao means, but for the other part I respectfully disagree. Also,I noticed something is missing on the recent PR's.

Popcorn, refer to JJerry's post #11678. And knowing JL's prior MO, many past business associates of JL are interested in this process.

Dragon, with OMDA JL was dealing with one of his own kind and JL knew that. The present situation is different and JL knows that and the rest of his life is not in his hands.

Vetguy79- JL was given a number of opportunities to cooperate and either work together or step aside gracefully, he had no intention of either based on his past and his ability to "get away" with it. That is over and do not be too sure that it will be a long fight.

New PR


New Management of Black Dragon Sets the Record Straight

DALLAS, TX, Nov 28, 2007 (MARKET WIRE via COMTEX) -- Black Dragon Resource Companies, Inc. (PINKSHEETS: BDGR) today responds to the previous news release by some of the previously ousted directors.
The directors installed by the shareholders on November 8, 2007, Robert McGuire, Peter Lau, and Louis Chighisola, Jr. are the only directors, as confirmed by the State of Delaware and listed on Pinksheets.com.

The Board of Directors are working closely with and adhering to the advice of the highly respected law firm of Artabane and Belden, Washington, DC. The Directors share the frustration of the company's shareholders and have initiated a plan that in their opinion should regain a company capable to take advantage of this very encouraging oil and gas market.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements, which express the current beliefs and expectations of management. Such statements are based on current expectations and involve a number of known and unknown risks and uncertainties that could cause Black Dragon's future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause or contribute to such differences include: the status and timing of Management's ability to re-capitalize Black Dragon through a combination of additional debt and primarily equity financing and to successfully complete the remaining research and development of its oil and gas properties, as well as other factors that are discussed in Black Dragon's filings with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date on which they are made, and Black Dragon undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.



Contact:
Black Dragon Resource Companies, Inc.
(508) 313-9493

Tbird, I do have to comment on a few of your statements but first I believe all involved have been frustrated with the time involved but unfortunately once you get involved in the legal system time comes to a standstill which unfortunately is a benefit for the other side-- for the moment.

Your questions about ownership are off base, do a little homework.

Profits- we all know at this price of oil, there are profits and you have stated in the past that you knew how the game was working.

You were gullible if you thought the " good family man "statement wasn't a plant.

And if your last statement is true, then you need better lawyers.

My personal opinion, I expect results before winter starts, but what do I know? Take care.

Whatnot, your assessment has a lot of insight.

Dragon, I could not pass on post 11257- When is background on the new people at our company going be post?

I guess you never made it to the spelling bees at school or is this just your Norm Crosby impression?

Seriously, many things are going on and many things are going to happen. It's not fast enough for me or anyone else involved with this (except for a special few) but every effort and task is being handled in the most thought out and secure way. We all would like to know more and have more accomplished but some things take precedent based on the fluid situation.

I will not tell you the background of our three present directors, I'm sure you will be told at some point by them, but let me say one thing about all three of them, they are everything that JL is not. Integrity, perserverance, and a fair amount of ability to turn the company around come to mind.

As a shareholder I think this is a breath of fresh air.

The answer is yes and if you refer to LGL's post you may participate if you wish. Thanks.

They are people who are going to run the company in the best interest of shareholders, unlike most of those involved prior to this.

Keep sending the paperwork.

LGL, it will probably be a gated community with guards.

LGL, do you have a copy of the form? If not let me know.

What do you mean by structure?

Fishing fund, very simple answer JAL.

You can buy the whole company for less than $3 million. 51% for about 1.5 million. At a 4000 bpm rate, less than 2 years sales.

Dragon, I have a contact that could execute the revenge strategy anytime I want. There are assets that, as a shareholder, I want to protect. The best revenge for me is protecting and enhancing those assets. I'll leave it at that. Good luck to shareholders.

Soso, if the SEC cashes you out, the only ones that will get a return will be the lawyers. There are other avenues at this time that are being pursued that may provide better results. I have found the SEC to be a useless organization that provides no benefits to shareholders.

LGL, I believe you should coordinate your plan and see what support you have. This preparation will provide you with the ability to engage your effort when and if it is determined to go forward. I hope you will determine what other investor groups are out there and I hope that they will make you aware of their intentions. Strength in numbers, good luck.

Mike, Yesterday's decline and volume indicate further share dilution and I do not believe that this indicates a good business plan going forward. Especially when others (including myself) were trying to get short term financing to stop the bleeding. BDGR cannot seem to understand the theory of cost control and cash flow. There are people out there who would like to see them bankrupt in order to pick up their leases. Management allowing that to happen, knowing the value of these properties, would be criminal.

Gary, I hope you will forward this response to Mr. Lanza although he gave the impression by his statement that he would not return and therefore probably did not want any criticism of his editorial. I can reply to him in wriiten form, as I have in the past, but for the moment I will use his prefered medium of the moment.

I have known Lou for over 20 years. Any of you that have had contact with him surely know about his honesty and persistance. Along with this is a doggedness that refuses to back down when confronted with an adverse situation. I do some consulting work for Lou and am well aware of the time that he has put in working for the shareholders in Black Dragon. It has come at a cost for his business that few others would tolerate. Despite my appearance at his office, he has always tried to maintain a discreet position when he has entertained the many contacts with the company. Although, at times, I have heard the descriptive adjective at the end of a phone conversation.

Let me address Mr Lanza's editorial in full.

Lou was and is a shareholder voice who you thought would appease shareholders. You were wrong here and although Lou does not know the oil and gas business, he does know the shareholder business and obviously you do not know business in general.(more on that later)

As far as the Presidency, I requested that you step aside in a letter you received. I'm not taking credit for it because if Lou had not been around, you would probably have not stepped down until I brought the authorities in.

Yes, Ellis was voted in by the full board. Did anyone check out his credentials?

Shareholders-stop and think, keep spending money you do not have on overbudget projects so that we can issue more stock at a supposed undervalued price. Great business plan. You can maintain lease agreements without spending vast sums of money if you do not have an ulterior motive in mind. Lou knows that.

Deep oil drilling is a dream if you cannot keep a viable company to proceed to that level. I have seen too many PR's stating goals that are never accomplished. Obviously, Mr. Lanza, your business plan sucks.

Mr.Ellis may see the big picture but unless you take care of the near term, the big picture becomes a dream. By the way, has Mr. Ellis secured short term financing and has he shown you the parties associated with the "big picture" financing? If not, maybe you should not be so quick to discredit Lou, it is my understanding that he had the financing.

There is no doubt that you have stumbled upon some great properties. It was one of the only questions I had to ask Barry M. at the meeting we had with him. There is also no doubt that you have jeopardized their potential with your past and present business plans.

And by the way, Mr. Lanza, I can tell you why this stock is five cents today and it is because you have not listened to Lou and it speaks volumes about your business plan. Over 60 million reasons why this stock is a nickel. Well after the first of the year there were "only" 68 million shares outstanding. Now how many are there? Oh, you forgot to divide your shareholders' equity by the number of oustanding shares now as compared to then. I would also like to know if those shares were issued legally and what about the shares that were issued over the company's original authorized amount? Yeah, Mr Lanza, great business plan with a clear picture that is not misleading. Read your own post and I'll take Lou's any day.

Soso, you are right about the PR stating that the note was eliminated. The auditors and directors and officers of the company have a duty to provide accurate information. Lou has stated that he believes the note does not exist and my personal feeling is that it never should have existed. I have an idea of how to handle this but for the moment I am holding off. I'll let you know if I decide to move forward. Has anyone done any homework on Mike Ellis, you really should.

Spunky,

It was in the first PR about him taking over as pres. 478.405.2680.

Caddo Pine Island--- Lou is waiting for your call.

Lanza and his family are not the biggest shareholders in BDGR

I am still not comfortable with everything. The audit is being done and I wonder if everything will be put in order when it is finished. In partial reply to a couple of other recent posts, my next letter to BDGR will be that in order to be a reporting company and have a potential listing on the BB or other, no convicted felon may be on the board. So I will request that the board remove any potential conflicts that it has in order to proceed with becoming a fully reporting company.

When I did my original investigation of this company and potential I discovered that this area was one of the most prolific areas for remaining oil in the ground in the on-shore lower 48. Since the time of Barry and deals and offers, now with the addition of Mike Ellis, I really wonder what gem JL stumbled upon. Personally, I think JL started with a scheme and oil prices, a real company, and a few shareholders got in his way. I believe the potential of deep oil and gas has created a great value along with a number of vultures circling the assets.

Short term, the company needs to be run properly and produce what should be a cash flow positive company at its present production. Without this do not worry about a longer term picture.

Longer term, my opinion only, with an audit and an updated PV10 they would be able to acquire some financing. I would partner that will another source of financing to do deep drilling. This would give BDGR a greater source of the potential along with diversifying some of the of the risk.

On buyouts or takeovers, when Barry was there, there were discussion with more than one entity. With the new speculation about deep oil, one can only assume that the potential has not diminished.

So, based on the above, potential 0-$5 stock price is possible.

And there's a full moon, lunar eclipse on Tuesday and human beings tend to be very wacky around these. Maybe a resolution, good or bad around that event.

Personally, I'd prefer a buyout because I worry about the economy going into next year. A recession, or even something more disruptive, could be a serious dent into the present rosy oil price scenario.

Crude, someone should investigate how Barnett acquired the shares of OMDA and compensated those parties? If you want more chuckles, read the lawsuit against Barnett and his lawyer by Meditech. It is amazing how much scum has floated to the surface with this situation.

Take care and have a good weekend, to all.

Profits depend upon who is running the company.

Prophets depend upon who is talking at the company.

Does anyone find it interesting that certain individuals are missing from the board. Must all be on vacation.

Where are the prophets?

Big volume and the selling into it could not prevent a higher close. Something's up.

Watch out shorts.

Let the prophets guide us, but where are they?

Any words from the prophets today?

Dave Taylor works in the office at BDGR.

And how is that turncoat Dave Taylor?

Tbird, you are way behind on that post

Mike, I'm a technical trader but I do not believe that technicals apply to these kind of stocks. When the problems at BDGR are resolved, the technicals will look just as wacky the other way.

soso, I suspect that Spunky will be smiling and probably not due to the method you envision. For those that want JL in some way, shape or form, good luck, the legal system protects the good, bad, and the lawyers who usually make out the best. The decoupling of JL and BDGR is the most immediate course at the present time.

Also, does anyone have a bid on OMOG? My quotes are leading me to believe they are not taking bids, I guess we'll have to go through the stripper.

On this post you made to Spunky, you need to check your law degree on this as if you paid for that degree you've been defrauded.

On your next post, you are posting a statement by an individual who changed his identity numerous times. So this statement obviously refers to his integrity and transparency that some cry about with others.

Local, I think you are correcectly assessing Lou's statement and I agree that it sounds like the approach is very practical but I would have to defer to you as knowing more about the strategy. Ellis is not the final choice for president but I believe it is a good interim move and I know they intend to look for a permanent president and I have contacted the same individual that I mentioned in my prior post to look around for potential candidates.

To all, I was talking to the individual that I know that was in the oil and gas industry as a CEO and venture capitalist and I asked him about pink sheet companies and naked shorts.

He explained to me that the history of a majority of pink sheet companies is that they go to zero. Therefore, certain entities will research companies with problems(BDGR qualifies there) and they will sell them indiscriminately. Between the problems and the selling it becomes a self fufilling situation with the goal of zero(delisting). They do not intend to cover and many times there will be more naked shorts than outstanding shares.

Every so often there comes along a real company that survives this process. My friend was involved(on the legitimate side)with a company that survived the manipulation of naked shorting. That company was TASR, It went from a split adjusted .27 to 32, thanks in a big way to the naked shorts.

There have been a number of rumors from different sources about a large naked short position in BDGR. Due to the nature of this manipulation it is very tough to prove. But the survival of a company in that position will expose that manipulation.
With the recent events at BDGR, I believe this company is going to survive and probably prosper. So So(oops I hit the keys twice) let's see how many manipulators are in BDGR.

Soso, I generally do not want to waste time giving due process to your posts, but I will spend some time applying some of the methods that you use. I will agree that you do not appear to be the same individual as baa(badrguy,accurate,amicus) although if you are you have learned to cover your tracks a little better. They were the same person,by the way, and you can refer to prior posts by myself that expose that. "they were truth tellers" they weren't truth tellers by the very fact that they were the same individual and could never answer a direct question by me because the answer would have exposed this.

"i've got a feeling they still have a dog in this fight".
Again, you may be right, proving the point that the "dog" they have is the simple bashing of the stock. I will not get into paid or unpaid, I'll clarify that more in my next post.

"i'm a shareholder" & "simple and honest agenda" A contradiction on your part unless you can clarify how your posts as a shareholder are correcting or addressing the issues at the company. If you were a shareholder with a simple and honest agenda then I'd call you Lou. In your words, he is a shareholder with a simple and honest agenda MAKING BDGR and honest company.

And "acquire" was a correct usage and it was your interpretation of it that was wrong, as many of yours are.

You have a nice day now,shareholder, and I'll give you some advice, you picked the wrong time and place and people, for your honest agenda and the quicker you realize this, the better it will be for you.