Black Dragon Resource Companies Inc (BDGR)

[swordchaser]

Gekco- There are still a lot of if's to this deal. The funding is just that-funding(debt) that the majority shareholders(Summit)51% will get back from revenue long before we(49%)shareholders see anything. This deal is not a buyout!! Yea-2 or 3 years down the road Black D might be doing quite well but not in the immediate future. Two of the new directors have extensive oil experience and plenty of funding from what I have been told. They are located in Texas. The other director is Lou and I know he is honest, trustworthy and lives down the road from me. He does not have any oil experience but is a very successful businessman who runs and owns his own company. I trust these guys which is far and above Mr Lanza who has lied untold number of times to all of us shareholders over the last two years. There has never been a verified audit after many promises of one. Malone and Bailey-one of the top auditors in the country would not do our audit-read Joe's Pr on that one back in Sept or Oct. So I myself trust no one in Lanza's circle and am still very unsure of this deal. There were many PR's over a year ago that stated they would be pumping 30k barrels a month-never happened-not even close. Missing/not collected oil in the tanks-another ploy of Lanza to skim off our money. This guy should be behing bars for all that he has done. I would give up all my shares if I knew he was in jail till the end of his days. And I do have a lot of shares-some of which I just recently unloaded for tax loss purposes and some for gains. I still have plenty for I believe that justice will prevail providing the new board is still in place. I am an engineer at MIT and know a thing or two. Best of luck to everyone but keep one eye and both ears open!!