Black Dragon Resource Companies, Inc. Addresses Message Board Fraud
04 11월 2010 - 9:00PM
Black Dragon Resource Companies, Inc. ("the Company," "Dragon")
(Pink Sheets:BDGR) would like to speak to shareholders about rumor
mongering and the effects it can have on shareholders emotionally
and financially.
For the past year many shareholders of Black Dragon Resource
Companies Inc. have looked to message boards as an effective method
of communicating company matters amongst each other. Truthful, open
discussion can be a very healthy method of communication amongst
shareholders.
However, in recent months the company has been made aware of a
malicious attack on Black Dragon Resource Companies Inc. being made
on message boards. False and misleading statements have been made
by anonymous posters making claims that are untruths and completely
slanderous. This has had a devastating impact on the emotions of
shareholders, company employees, and shareholder value.
Company management would like to make the following statement to
shareholders, "The company is not going bankrupt and the company is
not going to reverse split the company's shares."
According to Tom Neely, President of Black Dragon Resource
Companies Inc., "What these anonymous posters are doing is criminal
and blatant fraud. The company will no longer allow shareholder
value to be destroyed by this group and management is in the
process of beginning legal means to find and prosecute these
fraudsters."
Company management would like shareholders to know third quarter
financials are scheduled to be released next week, along with
additional important company news.
Certain information discussed in this press release may
constitute forward-looking statements within the Private Securities
Litigation Reform Act of 1995 and the federal securities laws.
Although the Company believes that the expectations reflected in
such forward-looking statements are based upon reasonable
assumptions at the time made, it can give no assurance that its
expectations will be achieved. Readers are cautioned not to place
undue reliance on these forward-looking statements. Forward-looking
statements are inherently subject to unpredictable and
unanticipated risks, trends and uncertainties such as the Company's
inability to accurately forecast its operating results; the
Company's potential inability to achieve profitability or generate
positive cash flow; the availability of financing; and other risks
associated with the Company's business. The Company assumes no
obligation to update or supplement forward-looking statements that
become untrue because of subsequent events.
CONTACT: Black Dragon Resource Companies, Inc.
Investor Relations
913-226-3818
Black Dragon Resource Co... (CE) (USOTC:BDGR)
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Black Dragon Resource Co... (CE) (USOTC:BDGR)
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