Lou:
April 30, 2007 11:31 AM ET
Black Dragon Resource Companies (PINKSHEETS: BDGR) today announced that updated Operating Revenue for 2006 was $3,126,864, reflecting sale of oil property.
Black Dragon's management originally reported the figure at $2,482,219, but after taking into consideration the reselling of the Caddo Lake property, another $644,645 had to be added. Gross revenue in 2005 was $1,099,460.
In addition, management is reporting a profit of $105,614 in 2006, compared to a loss of $176,883 in 2005.
3,126,864
2,482,219
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734,645 Caddo Lake contribution
105,614 Stated Profit
---------
629,031 LOSS w/o Caddo Lake sale
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