InvestorsHub Logo

Hug Life

10/18/20 12:26 PM

#13377 RE: highlandernew #13376

DRGV's history - Not American company since 2005.

In 1977 Hartco, LTD was founded in Nevada, but it operated in Washington State. I'm note sure what it did, but it appears to have been a tech company. In 1998, it changed its name to EXO-WEB.com.

In March, 1999, EXO-WEB.COM sold 6,500,000 shares of common stock, principally to shareholders of MAC Multimedia Accelerator Corp., so as to acquire software rights from MAC Multimedia Accelerator Corp., and to
enter the business of developing and licensing software. https://www.lawinsider.com/contracts/2XlKajeW0C4
https://www.sec.gov/Archives/edgar/data/1083739/0001032210-99-001663.txt

In 2004, the company changed its name to "Pan American Gold Resources Corp." Here is the archived version of their webpage.
https://web.archive.org/web/20050405175147/http://www.panamericanau.com:80/

In 2005, the company returned to the tech world by buying Dragon Venture Corporation of Florida, an organization that funded private ventures in China. American Gold Resources Corp subsequently changed the name to Dragon Capital Group Corp on November 21, 2005. During this time, the company also moved itself to China.

https://sec.report/otc/financial-report/8204
https://www.businesswire.com/news/home/20050427005469/en/Dragon-Venture-Finalizes-Acquisition-Reorganization

And of course, now in 2020, Harry Zhang has been granted custodianship due to the fact that Dragon Capital went dark for years.

(On a somewhat related note, MAC Multimedia Accelerator Corp failed due to a sketchy President and CFO. See what happened here - https://www.pressreader.com/canada/the-province/20071029/281621005976661)