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Thursday, May 31, 2007 11:58:20 AM
Black Dragon Announces Plans to Apply to the Nasdaq Over-The-Counter Bulletin Board
Business Wire, Dec 8, 2005
AUSTIN, Texas -- Black Dragon Resource Companies, Inc. (Pink Sheets: BDGR) announced that it intends to become a fully reporting company and to apply for listing on the Nasdaq Over-The-Counter Bulletin Board. The Company is currently interviewing accounting firms so that it can prepare audited financial statements. After the audit is completed, the Company expects to file Form 10-SB with the Securities and Exchange Commission to become a fully reporting company. The Company is also in the process of completing an updated reserve report, in order to comply with SEC reporting requirements.
"With record production and strong revenue growth, we believe now is the time to increase our visibility within the investment community," said Rick Michael, President of Black Dragon Resource Companies, Inc. "Our third quarter was a record for the Company, and with strong oil and gas prices, we are well positioned to generate substantial profitability. A listing on the Bulletin Board should increase the number of investors who can purchase our stock, which should benefit all of our shareholders.
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