Silver Dragon Resources Inc. (fka SDRG)

[Uzzyham]

Not strange at all. Nearly two years ago (the date of the last financial filing) the company had over 9 million in debt, and interest (and penalties) were accumulating at a rate greater than 2.5 million per year. That would put debt now at over 12 million. IF (and that's a very big if) there were no other claims on the settlement it would work out to less than one cent a share. Remember Marc has awarded himself 75 million shares to bring outstanding shares to nearly 400 million. All of the above is an extremely conservative estimate of where the shareholders find themselves. I don't think Marc is finished with pulling cash from the settlement for "other expenses" for one second.

IMO the only share buyers left are those who can't read financial statements. Wait till the new financial statements come out - if they ever do.

Marc's next fast one will probably be changing the company name to "bitcoin something" to ride the latest fashion and gather in a new crowd of suckers.

Remember. After this "deal" is over, the company has no real assets at all.