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Wow nice find !
Black Dragon Resource Companies Inc.
26m ·
We are posting this PR this morning. As a formality, we have a full transparency and disclosures for the posting company's "significant events!"
BLACK DRAGON RESOURCES COMPANY INC., FILES with OTC MARKETS for “CURRENT STATUS”.
DALLAS, TX – March 3, 2021, BLACK DRAGON RESOURCES Inc., (OTC PK: BDGR) ("the Company")
Announces today that the Company and its management updated and re filed all its filings to secure the “current status”.
Black Dragon Resource Companies Inc. OTCPK (BDGR) were successfully processed and approved for the OTC Markets “OTCIQ” membership and today had filed a new SEC required and updated OTC Markets Disclosure forms and its updated format.
The management is extremely happy and excited to have completed all the applications and its approval for the OTCIQ Disclosure and News Services membership. The files have been uploaded for all shareholders to see and are in the process to be reviewed by the corporate SEC attorney, as well as the OTC Markets analysts.
Recently, Black Dragon Resources Company Inc., (BDGR) was acquired by another publicly trading company, ProTek Capital Inc. (PRPM). This was both a strategic acquisition as well as an expansion move to increase both companies market share in MJ/Cannabis markets as well as inclusion in software and digital currency markets related to MJ/Cannabis Market Space.
Both Companies recognized the unique market space that ProTek Capital Inc., has entered, and are excited to participate and ultimately take advantage of this beneficial strategic relationship. This will enhance the pursuit to increase PPS and all shareholders values for both companies and their affiliates.
“At ProTek Capital Inc., we always try to reach for higher goals and bring value to our PPS and portfolio. We have assembled a great team of managers and service providers who are involved in the final stages of our filings to move the company up to “OTCPK Current Status”. We are also committed and have been cleared and approved to file and move BDGR to “current status’ on OTCPK and finally move to OTCQB/BB Boards. Our clients and acquisition prospects showed incredible trust and a “vote of confidence” for our efforts to upgrade companies to the next tier, such as “current status”, and then OTCQB.
The (BDGR) Chairman will stay on to assist and facilitate both companies’ growth and business development. The company will publish 2021 season “business Plan” and milestones development guide. When we started in MJ market space, there were only two states who embraced MJ market segment, and now 16 states completely legalized the MJ/Hemp/CBD commerce, 10 states have it as Medical and decriminalized it, and 3 more decriminalized, so it’s a huge increase and new developments to enhance our position in MJ markets!” ………. Stated Edward Vakser, CEO of ProTek Capital Inc., and Black Dragon Resources Company Inc.
The company will stay transparent and continue to report and disclose its progress and development of the 2021 business plan, filings updates, closures on more acquisitions and financial growth. (For both companies).
The by-product and as an additional bonus for its shareholders, there will be a “very handsome” stock dividend that will benefit all shareholders. That corporate action is already in the working stages with the State and other regulatory agencies. The management will release “record dates” and other details following this
Black Dragon Resource Companies Inc.
22m ·
SHAREHOLDERS UPDATES:
Good Morning everyone! We received our OTCIQ membership codes last night, and uploaded all the information to OTC Markets. I set up a small distribution PR update and here is the copy below.
Feel free to share this news.
BLACK DRAGON RESOURCES COMPANY INC., FILES with OTC MARKETS for “CURRENT STATUS”.
DALLAS,TX – February 24th,2021,BLACK DRAGON RESOURCES Inc., (OTC PK: BDGR) ("the Company")
Announces today the Company’s and its management completion and approval for OTCIQ membership.
Black Dragon Resource Companies Inc. OTCPK (BDGR) were successfully processed and approved for the OTC Markets “OTCIQ” membership.
The management is extremely happy and excited to have completed all the applications and its approval for the OTCIQ Disclosure and News Services membership. The files have been uploaded for all shareholders to see and are in the process to be reviewed by the corporate SEC attorney, as well as the OTC Markets analysts.
Recently, Black Dragon Resources Company Inc., (BDGR) was acquired by another publicly trading company,
Capital Inc. (PRPM). This was both a strategic acquisition as well as an expansion move to increase both companies market share in MJ/Cannabis markets as well as inclusion in software and digital currency markets related to MJ/Cannabis Market Space.
Both Companies recognized the unique market space that ProTek Capital Inc., has entered, and are excited to participate and ultimately take advantage of this beneficial strategic relationship. This will enhance the pursuit to increase PPS and all shareholders values for both companies and their affiliates.
“At ProTek Capital Inc., we always try to reach for higher goals and bring value to our PPS and portfolio. We have assembled a great team of managers and service providers who are involved in the final stages of our filings to move the company up to “OTCPK Current Status”. We are also committed and have been cleared and approved to file and move BDGR to “current status’ on OTCPK and finally move to OTCQB/BB Boards. Our clients and acquisition prospects showed incredible trust and a “vote of confidence” for our efforts to upgrade companies to the next tier, such as “current status”, and then OTCQB.
The (BDGR) Chairman will stay on to assist and facilitate both companies’ growth and business development. The company will publish 2021 season “business Plan” and milestones development guide. When we started in MJ market space, there were only two states who embraced MJ market segment, and now 16 states completely legalized the MJ/Hemp/CBD commerce, 10 states have it as Medical and decriminalized it, and 3 more decriminalized, so it’s a huge increase and new developments to enhance our position in MJ markets!” ………. Stated Edward Vakser, CEO of ProTek Capital Inc., and Black Dragon Resources Company Inc.
The company will stay transparent and continue to report and disclose its progress and development of the 2021 business plan, filings updates, closures on more acquisitions and financial growth. (For both companies).
The by-product and as an additional bonus for its shareholders, there will be a “very handsome” stock dividend that will benefit all shareholders. That corporate action is already in the working stages with the State and other regulatory agencies. The management will release “record dates” and other details following this release ASAP.
Black Dragon Resource Companies Inc.
25m ·
SHAREHOLDERS UPDATES:
The management here, and myself, would like to congratulate those people involved with our parent company PRPM, for finally getting "their OTCIQ application " processed today. So, I guess good news travels in multiples, and we are extremely happy as to how this year already looking for all of our shareholders!
Yes !!! Have a great night !!
Black Dragon Resource Companies Inc.
54m ·
Well, as promised, OTC Markets sent us the invoices. I'm going to wire them tomorrow morning, so things are moving along.
I would also like to answer a few questions that were sent to me today. It seems that we've attracted a few new faces to join us, as well as some shareholders from previous years. So welcome onboard all of you. Some of the past Directors and management names were brought up to me, so although I don't know the people before my time here, everyone except for Dr. Philip Duchamp are no longer involved here. As an additional measure, we did a board resolution that cancelled and/or dissolved any employment contracts, BOD positions and etc... And just to be VERY clear, and I'm speaking as a person who never had a criminal record, we are not involved with people from the past, especially the ex CEO who is apparently still in jail for his own personal issues that have nothing to do with BDGR. So, we are starting with a clear slate, and we are ready to get the company to the next level. Thank you for your interest and support.
I will be posting updates as they become available, and I can always be reached at: 214-418-6940, email: ev24903@gmail.com
Thank you Burn !!!
Great Info !
The borrower abandoned its affirmative claims for relief, filed its answer, and borrower’s counsel withdrew from the case. Borrowers have failed to obtain new counsel, in violation of the court’s order. The pleadings are closed, and the Receiver is preparing to file dispositive motions on its claims to foreclose on the borrower’s loan obligation. Counsel for the Receiver is also in direct contact with the borrower, to pursue settlement negotiations. GJB is also investigating the borrower’s and guarantor’s assets in order to advise the Receiver on settlement and future collection efforts.
Dispositive motions therefore can accelerate the resolution of a claim or lawsuit, promote efficiency, and conserve judicial resources. For example, motions for default judgment, motions to dismiss, and motions for summary judgment all may result in the disposition of claims without a trial.
Very interesting !
I don’t know this is just a follow up from a post earlier today ! Hopefully it’s been settled already but we are waiting on Mr Perlman !
Case number: 1:21-bk-11513 - TCA Global Credit Fund, Ltd. - Florida Southern Bankruptcy Court
Case Information
Case title
TCA Global Credit Fund, Ltd.
Court
Florida Southern (flsbke)
Chapter
15
Filed
02/16/2021
Asset
No
Docket Header
U.S. Bankruptcy Court
Southern District of Florida (Miami)
Bankruptcy Petition #: 21-11513-RAM
Assigned to: Robert A Mark
Chapter 15
Voluntary
Date filed: 02/16/2021
Debtor
TCA Global Credit Fund, Ltd.
c/o EY Cayman Ltd.
62 Forum Lane
Camana Bay
P.O. Box 510
Grand Cayman KY1-1106
OUTSIDE U. S.
Cayman Islands
represented by
Mark D. Bloom, Esq.
Baker & McKenzie LLP
1111 Brickell Ave
#1700
Miami, FL 33131
305-789-8927
Email: mark.bloom@bakermckenzie.com
John R. Dodd, Esq.
Baker & McKenzie LLP
1111 Brickell Avenue
Suite 1700
Miami, FL 33131
1 305 789 8960
Email: john.dodd@bakermckenzie.com
Reginald Sainvil
Baker & McKenzie LLP
1111 Brickell Ave
#1700
Miami, FL 33131
305-789-8993
Email: reginald.sainvil@bakermckenzie.com
U.S. Trustee
Office of the US Trustee
51 S.W. 1st Ave.
Suite 1204
Miami, FL 33130
(305) 536-7285
Latest Dockets
Date Filed # Docket Text
02/17/2021 6 Notice of Appearance and Request for Service by Reginald Sainvil Filed by Debtor TCA Global Credit Fund, Ltd.. (Sainvil, Reginald) (Entered: 02/17/2021)
02/17/2021 5 Notice of Appearance and Request for Service by John R. Dodd Esq. Filed by Debtor TCA Global Credit Fund, Ltd.. (Dodd, John) (Entered: 02/17/2021)
Yes but hopefully we hear good news soon !
Just a follow up to the previous post !
Chapter 15 - Bankruptcy Basics
Ancillary and Other Cross-Border Cases
Chapter 15 is a new chapter added to the Bankruptcy Code by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. It is the U.S. domestic adoption of the Model Law on Cross-Border Insolvency promulgated by the United Nations Commission on International Trade Law ("UNCITRAL") in 1997, and it replaces section 304 of the Bankruptcy Code. Because of the UNCITRAL source for chapter 15, the U.S. interpretation must be coordinated with the interpretation given by other countries that have adopted it as internal law to promote a uniform and coordinated legal regime for cross-border insolvency cases.
The purpose of Chapter 15, and the Model Law on which it is based, is to provide effective mechanisms for dealing with insolvency cases involving debtors, assets, claimants, and other parties of interest involving more than one country. This general purpose is realized through five objectives specified in the statute: (1) to promote cooperation between the United States courts and parties of interest and the courts and other competent authorities of foreign countries involved in cross-border insolvency cases; (2) to establish greater legal certainty for trade and investment; (3) to provide for the fair and efficient administration of cross-border insolvencies that protects the interests of all creditors and other interested entities, including the debtor; (4) to afford protection and maximization of the value of the debtor's assets; and (5) to facilitate the rescue of financially troubled businesses, thereby protecting investment and preserving employment. 11 U.S.C. § 1501.
Generally, a chapter 15 case is ancillary to a primary proceeding brought in another country, typically the debtor's home country. As an alternative, the debtor or a creditor may commence a full chapter 7 or chapter 11 case in the United States if the assets in the United States are sufficiently complex to merit a full-blown domestic bankruptcy case. 11 U.S.C. § 1520(c). In addition, under chapter 15 a U.S. court may authorize a trustee or other entity (including an examiner) to act in a foreign country on behalf of a U.S. bankruptcy estate. 11 U.S.C. § 1505.
An ancillary case is commenced under chapter 15 by a "foreign representative" filing a petition for recognition of a "foreign proceeding." (1) 11 U.S.C. § 1504. Chapter 15 gives the foreign representative the right of direct access to U.S. courts for this purpose. 11 U.S.C. § 1509. The petition must be accompanied by documents showing the existence of the foreign proceeding and the appointment and authority of the foreign representative. 11 U.S.C. § 1515. After notice and a hearing, the court is authorized to issue an order recognizing the foreign proceeding as either a "foreign main proceeding" (a proceeding pending in a country where the debtor's center of main interests are located) or a "foreign non-main proceeding" (a proceeding pending in a country where the debtor has an establishment, (2) but not its center of main interests). 11 U.S.C. § 1517. Immediately upon the recognition of a foreign main proceeding, the automatic stay and selected other provisions of the Bankruptcy Code take effect within the United States. 11 U.S.C. § 1520. The foreign representative is also authorized to operate the debtor's business in the ordinary course. Id. The U.S. court is authorized to issue preliminary relief as soon as the petition for recognition is filed. 11 U.S.C. § 1519.
Through the recognition process, chapter 15 operates as the principal door of a foreign representative to the federal and state courts of the United States. 11 U.S.C. § 1509. Once recognized, a foreign representative may seek additional relief from the bankruptcy court or from other state and federal courts and is authorized to bring a full (as opposed to ancillary) bankruptcy case. 11 U.S.C. §§ 1509, 1511. In addition, the representative is authorized to participate as a party of interest in a pending U.S. insolvency case and to intervene in any other U.S. case where the debtor is a party. 11 U.S.C. §§ 1512, 1524.
Chapter 15 also gives foreign creditors the right to participate in U.S. bankruptcy cases and it prohibits discrimination against foreign creditors (except certain foreign government and tax claims, which may be governed by treaty). 11 U.S.C. § 1513. It also requires notice to foreign creditors concerning a U.S. bankruptcy case, including notice of the right to file claims. 11 U.S.C. § 1514.
One of the most important goals of chapter 15 is to promote cooperation and communication between U.S. courts and parties of interest with foreign courts and parties of interest in cross-border cases. This goal is accomplished by, among other things, explicitly charging the court and estate representatives to "cooperate to the maximum extent possible" with foreign courts and foreign representatives and authorizing direct communication between the court and authorized estate representatives and the foreign courts and foreign representatives. 11 U.S.C. §§ 1525 - 1527.
If a full bankruptcy case is initiated by a foreign representative (when there is a foreign main proceeding pending in another country), bankruptcy court jurisdiction is generally limited to the debtor's assets that are located in the United States. 11 U.S.C. § 1528. The limitation promotes cooperation with the foreign main proceeding by limiting the assets subject to U.S. jurisdiction, so as not to interfere with the foreign main proceeding. Chapter 15 also provides rules to further cooperation where a case was filed under the Bankruptcy Code prior to recognition of the foreign representative and for coordination of more than on foreign proceeding. 11 U.S.C. §§ 1529 - 1530.
The UNCITRAL Model Law has also been adopted (with certain variations) in Canada, Mexico, Japan and several other countries. Adoption is pending in the United Kingdom and Australia, as well as other countries with significant international economic interests.
Case 1:20-cv-21964-CMA Document 98 Entered on FLSD Docket 01/20/2021 Page 1 of 1
UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF FLORIDA
CASE NO. 20-21964-CIV-ALTONAGA SECURITIES AND EXCHANGE
COMMISSION,
Plaintiff, v.
TCA FUND MANAGEMENT GROUP CORP., et al.,
Defendants. _____________________________/
ORDER
THIS CAUSE came before the Court upon Receiver, Jonathan E. Perlman’s Omnibus Motion to Approve Sale of Receivership Entities’ Personal Property [ECF No. 97], filed on January 19, 2021. Being fully advised, it is
ORDERED AND ADJUDGED that the Motion is GRANTED. The Receiver is authorized to sell or otherwise dispose of, using commercially reasonable efforts as detailed in the Motion, personal property of the Receivership Entities without further order.
DONE AND ORDERED in Miami, Florida, this 20th day of January, 2021.
cc: counsel of record
_________________________________
Excellent DD Burn !!
Yes it will !!
Waiting patiently !
CONTACT INFO
100 4 Falls Corporate Ctr Ste 305
CONSHOHOCKEN, PA
19428-2920
United States
+1.610.8286860
What’s that have to do with original court case ?
Sunday would be nice !
Hopefully a good decision from the courthouse next week !
Yes hopefully before or on the 5th ! 6 business days left fingers crossed !
Yes I just noticed that !
Great DD thank you !!!!
Eric Lehner
@WinningCEO
·
7h
$WNBD - Our Handy Size of 1000+ Stain Remover is a consumer option to the "stain stick" concept. Like a stain stick it is also purse size, but does so much more. Also, color-safe and gentle on skin.
Image
Yes !!!!
A couple new tweets today !
Media
Likes
Illegal Burger’s Tweets
Illegal Burger
@Illegal_Burger
·
23h
Life is better with a burger so make sure to stop by your local Illegal Burger! ????
Order online @illegalburgerco
Excellent and intelligent post !
Excellent post !!!
Enjoy the 4th ! No need to panic IMO !
Until major news hits !!
Obviously they skipped their math class !!
Thank you CSTG !!
Sounds like a prosperous trip !!
Where can this go ?
Thank you for your opinion ! Patience is the key !