Black Dragon Resource Companies Inc (BDGR)

[John 19-35]

Looking at this situation from a distance and surmising what this seems to imply in my opinion only:

1. Joe Lanza is trying to get more now than what the contract agreement is for.
2. Mr. Smith is complying with the agreed contract, therefore Joe Lanza cannot force Mr. Watson to resign and force a vote for a new board member and regain control.
3. Mr. Smith and the new board are in control and can conduct the company business.
4. Mr. Smith can if he chooses take the contract to a judge to have JL forced to comply.
5. Mr. Smith can just wait for the inevitable, and that would be the law haul him away.
6. Mr. Smith can just wait for the sorry SOB to just up and croak.

I’m sure I have missed something but the point is Joe Lanza is out of the game with or without the deal being completed as long as Mr. Smith has complied with his part of the contract. That can only mean good news for us shareholders in the end. I would have to add a little more concern about public relations is very important to the PPS and the new board should show us that they are concerned about our situation, which really sucks right now. JMO