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Re: 21Reggie33 post# 62

Thursday, 02/19/2009 7:23:07 PM

Thursday, February 19, 2009 7:23:07 PM

Post# of 375
gbrad86 to disappear:

this is my new alias...

NWD is definately a BUY with a time frame 2+ years..

there is a catalyst at $0.83

care to guess what that catalyst is?

Mr Mak's original employment contract with New Dragon Asia expired in December 2008. Although Mr Mak had been in discussions with the company's board of directors to extend his employment agreement, he ultimately decided to end his tenure due to family obligations.

Ling Wang, director and chief accounting officer, will assume Mr Mak's duties. The company has commenced a search for a new CFO.

Heng Jing Lu, chairman of New Dragon Asia, said: "On behalf of the board of directors of New Dragon Asia, I would like to thank Peter Mak for his service to the company over the last four years. Mr Mak has played an important role in our company's development and we wish him all the best in his future endeavors."

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