DGRI management was a little naive thinking that they wouldn't face a takeover attempt. It was going to be easy to take over the company for a few million dollars to control billions in assets. However, they had a contingency plan in place to use the preferred shares if necessary. They exercised that plan on an emergency basis.
The head of the particular investmnet company called me very drunk and upset at 9:30 in the morning. Then the next day, a woman "representative" (probably the corporate attorney) of the investment company called me and asked me about my inent and level of contacts. She seemed to be satisfied that there were going to be addtiional severe repercussions if her company proceeded with the manner of its efforts.
The actions that we are seeing now are most likely a double whammy of debt conversion and just plain meanness by the investment company selling out. Both issues will end. They are not permanent conditions. They are unfortunate, but only temporary for a few days.
For myself, I am seriously considering becoming one of the major stockholders in DGRI because of its potential for growth and good management. Real assets are extremely important, and DGRI has gold and silver in the millions of ounces. My interest is not in making a quick buck but in possibly making millions in an intermediate timeframe.
