Black Dragon Resource Companies Inc (BDGR)

[kenco]

Lanzamustgo, "I had a conversation with some key people who are very into what is going on with the transaction of buying out Lanza and they have the money to complete the deal.."

Well the devil may well be in the details there, if these people do have enough money to buy out all of Lanzas, along with his family and associates, holdings, it would mean that they are most likely going to provide the money to BDGR with some combination of debt and equity financing, this is not necessarily a good thing, especially when the debt holders are also the directors and management of the company, they can essentially write any deal they want and then approve it, they can even put ALL of the company assets up as collateral for that financing, ala what Lanza did to OMDA.