Black Dragon Resource Companies Inc (BDGR)

[Ajor1]

***To paraphrase....

"The properties related to the complaint comprise less than 5% of the current properties"

That's ok by me, especially when less than 5% of the current properties are the greater percentage of the total asset value unrelated to the complaint ;) ***

JMAP, don't get too excited about BDGR. The most OMOG can win is about $7 mil from BDGR. OMOG will take it or risk losing everything. Do you think Adam really wants to gamble all? The best he can hope for is to wait for many years to collect what he could otherwise collect fairly quickly.

It is not disputed, as far as I understand, that OMOG has a claim to some of the assets that BDGR has in its possession. However, it is highly debated regarding the amount. I simply don't see how OMOG can win a battle with BDGR. And I don't see how it is to the advantage of either party to wait to settle this. OMOG will get about $7 mil, but, then again, since OMOG can't be trusted, maybe BDGR will just choose to fight absolutely everthing rather than risk any vulnerability.

I think BDGR should buy OMOG, but maybe Adam needs to start losing some court battles.

BDGR: $1.48
OMOG: $0.056

Ajor