Black Dragon Resources Companies, Inc. - New Business Developments, NFT and Dividend Record Date
Black Dragon Resource Companies (OTC Pink: BDGR) announced significant updates for its shareholders, including dividend details and compliance advancements. The targeted record date for dividends is set for July 30, 2021, for PRPM shareholders, and September 15, 2021, for BDGR shareholders, who will receive dividends in the form of registered NFTs. BDGR has achieved current status filers with OTCPK and plans to file an S1 registration and corporate action request. The dividend ratio is 2 BDGR shares for every 1 PRPM share held. The company aims to enhance corporate disclosures and seek an up-listing to NASDAQ by the end of 2021.
- Targeted dividend record date set: July 30, 2021, for PRPM; September 15, 2021, for BDGR.
- Dividend distribution planned as registered NFTs represents innovative value.
- Achieved OTCPK current status, enhancing credibility.
- Two BDGR shares for each PRPM share held indicates strong shareholder rewards.
- Plans for an S1 registration indicate a structured approach to compliance and growth.
- No financial metrics provided to substantiate future growth or dividend sustainability.
- Potential regulatory changes by FINRA or SEC could alter the planned corporate actions.
Dallas, Texas, July 07, 2021 (GLOBE NEWSWIRE) -- Black Dragon Resource Companies, Inc. (OTC Pink: BDGR) (“BDGR”) ("The Company") announced today that the company and its management are happy to update its shareholders on new developments, dividends, and an assignment targeted “record date” for the dividend.
Recently, the company (BDGR) and its parent company (PRPM) (OTC Pink: PRPM) were upgraded to the OTCPK “current status filers”. This and several other developments cleared the pathway and “checked all the compliance boxes” to have both companies file with FINRA for the “corporate action” titled: “dividend”. The plan is to have the targeted “record date” July 30th, 2021, for the Dividend to PRPM, and September 15th, as a “record date” for BDGR shareholders to receive “their own” dividend in a form of a “registered NFT”.
To achieve these goals and distribution, the company and its attorneys will be filing an S1 for the registration. Simultaneously, the company will file a corporate action request with FINRA.
This and other corporate actions planned, should enhance, and propel the company during the upcoming fall season. The current ratio for the dividend is 2 BDGR shares paid out for every 1 PRPM share held by shareholders on the “record date”, and 1 coin for each share held at BDGR.
“I feel excited and confident that we are at the perfect point in history to achieve these goals. We researched and felt comfortable implementing a specific pathway and filings with the proper regulatory agencies, to stay within compliance rules and regulations. However new the rules are, we gave ourselves and agencies enough time for us to file, comply, and if needed amend our “corporate actions”. Simultaneously, we are also re-directing our “audit consulting group” to begin updating all corporate Disclosures and conduct an audit for the purposes of moving the company to a higher trading tier on OTC Markets, and becoming a “fully reporting filer” in order to move the company to NASDAQ”. Stated Mr. Edward Vakser
DISCLAIMER: by the CEO
I am not an attorney, CPA or a money manager/financial consultant. The company and I do have several attorneys and CPA’s as well as consultants working on all these new issues and new technologies. It is extremely important to understand that this genre of investments and technologies represent a wide and unknown field. And while we are working with regulatory agencies’ such as FINRA, SEC and others, as well as service providers such as OTC Markets and associated attorneys and CPA’s, we will only execute and work within guidelines, rules, and regulations by SEC, FINRA, DTCC and all other regulatory agencies. However, although we designed and originated these “rewards” via dividends to reward our PRPM and BDGR shareholders, we still want you to be cautious, incredibly careful and do your own due diligence and research before you make any decisions. For this reason, I structured this deal to be “backed” by real assets, and NOT just “digital” NFT’s. So, we can enhance and control the “backing” financial support to build on a real value. However, we do not know what changes FINRA and/or SEC may suggest or add. We are filing S1 registration, for which comments and/or amendments may change and/or alter dates, times and possibly add or require other unknown developments.
About BDGR:
Black Dragon Resource Companies, Inc. just as the name implies, has a full menu of products, software, and services to establish itself as a potential marketing leader starting the 2021-2022 season. Backed by real original ART appraised at over
“The only thing that we kept from the old company was the name, stock symbol BDGR and its Chairman/compliance and Audit committee member Dr. Philip Duchamp. Our goal is always to be “transparent” and practice full disclosure with our shareholders. Having a seasoned “Audit Committee Member” enhances that position as well as allow us to pave the way for our secondary “goal and milestone of development”, and that is to up-list the company to the next tier (OTCQB) becoming a “fully reporting filer” by the end of 2021! And the ultimate goal is to move to one big board, such as NASDAQ!”.
Thank you,
The Management, Black Dragon Resource Companies, Inc. (BDGR)
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Forward-Looking Statements:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.
Safe Harbor Statement:
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, and domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.
Contact: Edward Vakser ev24903@gmail.com Phone: (214)-418-6940
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FAQ
What is the targeted record date for BDGR's dividend?
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When will PRPM shareholders receive their dividend?
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