Black Dragon Resource Companies Inc (BDGR)

[Big Poppa]

I just read through the annual report and I'm pretty sure I just threw up in my mouth a little bit.

Just a few things I gathered...

-We are producing squat
-What we did produce we sold for a loss
-We sold the farm to keep the creditors off our back
-We complain about this business being highly capital intensive yet it appears we are switching our business model from relatively low cost shallow well development to much higher cost deep well development.
-We still haven't done any share buybacks that I can tell
-The whole German company situation is still extremely shady.
-Neeley is so senile that we apparently don't have to pay him a salary and Dei isn't worth 36K/yr.

That's just a few things I got out of it. Feel free to correct or add to it.