From the SEC 8-k filing:
"On December 29, 2015, Silver Dragon Resources Inc. (the “Company”) entered into an Equity Transfer Agreement (the “Agreement”) with Beijing Shengda Industrial Group Ltd. (“BSIG”)..."
December 29th to January 13th to issue the "best PR ever", that's pretty a long time, no??
Important detail:
"The Agreement provides that a certified accounting firm will review the actual net profit and calculate the difference between the actual net profit and the committed profit at the end of every fiscal year during the commitment period from 2017 to 2019 and the Company will have to compensate Sino-Top in cash based on the difference between the committed profit and the actual profit due, based on the Company’s 20% equity interest sold."
