InvestorsHub Logo
Followers 2
Posts 671
Boards Moderated 0
Alias Born 11/15/2006

Re: None

Monday, 04/30/2007 11:36:56 AM

Monday, April 30, 2007 11:36:56 AM

Post# of 45181
Gee, maybe this is why the prev. news release said,
"Black Dragon Reports Increased Earnings for 2006"

OIL CITY, LA, Apr 30, 2007 (MARKET WIRE via COMTEX) -- Black Dragon Resource Companies (PINKSHEETS: BDGR) today announced that updated Operating Revenue for 2006 was $3,126,864, reflecting sale of oil property.

Black Dragon's management originally reported the figure at $2,482,219, but after taking into consideration the reselling of the Caddo Lake property, another $644,645 had to be added. Gross revenue in 2005 was $1,099,460.

In addition, management is reporting a profit of $105,614 in 2006, compared to a loss of $176,883 in 2005.