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Prospector
Profile
1112-01
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| Dragon International Group Corp. |
NAICS |
322221 |
| No. 201 Guangyuan Road, Investment Pioneering Park
Jiangbei, Ningbo, China 315033 |
Description |
Packaging Products Mfg. |
| 86-574-56169308 |
Employees |
161 |
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Revenue |
(mil) |
15.3370 |
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Income |
(mil) |
-0.7890 |
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Assets |
(mil) |
21.2310 |
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Liability |
(mil) |
13.0100 |
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(for the year ended 2007-06-30) |
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Category:
Loss/Deficit
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Event:
Dragon International Group Corp. reported a net loss of $789,531 on revenues of $15,337,586 for the year ended June 30, 2007, lower than last year's $2,594,117 net loss on $18,434,087 in revenues. For the year ended June 30, 2007, the Company used $979,604 for operating activities, much higher the the $103,698 in cash used during the previous fiscal year. The Company's balance sheet at June 30, 2007, showed an accumulated deficit of $1,189,300.
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Intellectual Property:
Shanghai JinKui Packaging Material Co., Ltd. filed a patent with the People's Republic of China Intellectual Property Bureau in March 2006 for two new manufacturing patents and two new invention patents. The patents are for multiple layers aluminum blister packing chip and multiple layers aluminum blister packing foil, both of which were filed in March 2006. [SEC Filing 10-KSB 10-15-07]
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Description:
The Company, through its subsidiaries, manufactures and distributes assorted industrial paper and packaging products.
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Officers:
David Wu (Chair, Pres. & CEO); Xuejun Chen (VP & Dir.); Xiali Gan (CFO & Dir.); Orson Zhang (Sec.)
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Auditor:
Sherb & Company LLP
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Securities:
Common Stock-Symbol DRGG.OB; OTC BB;
96,363,982 common shares outstanding as of October 9, 2007
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