Black Dragon Resource Companies Inc (BDGR)

[57tbird]

My guess would be that Mr. Ellis has found himself knee-deep in ykw (uncovering, discovering, and otherwise finding out that all he thought he may have known is really BS perpetrated and misrepresented by our buddy Lanza).

Now he looks at the staff and directors of the company - all Lanza appointees and he really has to take stock of what he's inherited. Best option - clean house - rid the company of the inefficiencies, misrepresenters, and any nepotism that might exist. (not to mention Petrol & Four Star contracts)

Starting fresh gives BD the chance it needs. Lou, likely, has not been a personal favorite of Mr. Ellis (1) He WAS put there by Lanza, and (2) Lou DID refer to Lanza as a Good Family Man. Neither could have impressed Mr. Ellis. That. in itself, may explain quite rapidly, why Lou has not been forthcoming with any data on BD - he may be completely out of the Ellis loop. (We are all known by who we associate with and Mr. Ellis only knows the Lanza-Lou relationship was instigated by Lanza. What else is there to consider - knowing Lanza's propensity for deceit and fraud?

A temporary director, appointed by the COB, can be removed by the company. There was no shareholder vote to add new directors. Perhaps, Mr. Ellis has already acted in that regard?

JMMHO, of course.