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Dragon International Group Corp ("Dragon Inter

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Post# of 99138
Posted On: 01/14/2013 11:44:03 PM
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Posted By: MoneyMaker


Dragon International


Dragon International Group Corp ("Dragon International") manufactures and distributes high end packaging products utilized in the packaging of pharmaceuticals as well as food and beverages and operates as an agent of pulp and related paper products. Dragon International was listed on OTCBB in October, 2004.


With the acquisition of Shanghai Jinkui Packaging Material Co., Ltd ("Jinkui") in June 2006, Dragon International trasitioned itself from manufacturing and distributing packaging products for tobacco, alcohol, gifts, cosmetics, tea to specialty packaging products, which creates a higher gross margin.


Dragon International holds an ISO9000 certificate and national license on import / export. The manufacturing facilities have reached advanced international standard and passed through state Good Manufacturing Process (GMP) inspection.


Our primary products are Cold forming blister aluminum foil, Tropical blister foil, PTP blister foil, SP laminated strip pack, AL/PE laminated strip pack, and Laminates for suppositories, including 8 series and a wide varieties. We are the pharmaceutical materials supplier for the markets in China as well as in Southeast Asia, Africa and South America











Company website:  http://www.drgg.net











Contact Information:




Dragon International Group Corp.                                             
No. 201, Guangyuan Road, District C
Investment Pioneering Park Jiangbei
Ningbo, China 315033

Tel: 86-574-83070703
Fax: 86-574-83070757


Dragon International Group Corp.
U.S. Representative Office
431 Fairway Drive, Suite 200
Deerfield Beach, FL 33441

Office: 954.363.7333 ext. 315
Fax: 954.363.7320


Info@DRGG.us


Share structure:


A/S - 225,000,000


O/S -  134,752,772 (per US Rep's office 3/1/2011)


Latest Financial Info (taken from 10Q dated 5/19/09):













































































































































































































































































































































































































































































DRAGON INTERNATIONAL GROUP CORP. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS


March 31, 2009


June 30, 2008


(Unaudited)


ASSETS


CURRENT ASSETS:


Cash

$ 96,217 $ 139,714

Accounts receivable, net

1,526,136 2,961,450

Inventories

2,435,135 2,701,656

Advances on purchases

6,494,989 5,034,567

Other receivables

102,595 57,536

Prepaid expenses and other current assets

85,452 39,291

Subsidiaries held for sale

- 9,149,516

Total Current Assets

10,740,524 20,083,730

CASH RESTRICTED

- 240,112

PROPERTY AND EQUIPMENT - Net

3,058,823 3,125,797

IINTANGIBLE ASSETS

3,104,923 2,813,666

DEFERRED EXPENSE

24,309 28,525

TAXES RECEIVABLE

35,206 -

Total Assets

$ 16,963,785 $ 26,291,830

LIABILITIES AND STOCKHOLDERS' EQUITY


CURRENT LIABILITIES:


Notes payable - current portion

$ 4,569,200 $ 4,479,563

Notes payable - related party

1,022,555 1,018,657

Accounts payable

2,775,766 2,921,503

Accrued expenses

334,125 283,616

Advances from customers

102,521 62,504

Tax payable

- 40,015

Due to related parties

93,176 -

Subsidiaries held for sale

- 6,186,118

Total Current Liabilities

8,897,343 14,991,976

STOCKHOLDERS' EQUITY:


Preferred stock $.001 Par Value; 25,000,000 Shares Authorized;


No shares issued and outstanding

- -

Common stock $.001 Par Value; 200,000,000 Shares Authorized;


134,752,772 and 117,033,022 shares issued and outstanding at March 31, 2009 and June 30, 2008, respectively

134,753 117,033

Additional paid-in capital

12,329,088 11,640,962

Accumulated deficit

(5,586,098 ) (1,800,842 )

Subscription receivable

(187,413 ) -

Other comprehensive income - foreign currency

1,376,112 1,342,701

Total Stockholders' Equity

8,066,442

(0)
(0)








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