SOURCE: Wall Street News Alert

July 26, 2005 08:34 ET

Wall Street News Alert: DRGG Secures Over $1.9 Million in Debt Financing!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- July 26, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: Dragon International Group Corp. (OTC BB: DRGG), Intel Corporation (NASDAQ: INTC), Microsoft Corp. (NASDAQ: MSFT) and Oracle (NASDAQ: ORCL).

Dragon International Group Corp. (OTC BB: DRGG) should be appearing on the radar screen of aggressive investors and day traders! Yesterday after the stock markets closed, the company issued a press release announcing that it has secured financing in excess of $1,900,000.

News of the financing should be welcomed by investors, as the company intends to execute its acquisition strategy! David Wu, CEO of Dragon International, stated, "Our management team is focused on the primary initiative to capture a growing share of the specialty paper packaging industry via internal expansion and external acquisitions. The Company is entering into a broader range of end markets, through its facility expansion and previously announced strategic acquisitions. Management believes that this strategy will lead to significant growth in revenues and expansion of profit margins and bottom line results. We anticipate increased market acceptance as we continue to demonstrate the intrinsic value of Dragon's products and services."

Watch this company! According to the company's press release, Dragon International Group Corp. is one of China's leading manufacturers and distributors of specialty paper products and packaging materials. The company intends to increase its market share of this rapidly expanding industry through internal expansion as well as through strategic acquisitions. Management believes that the company is on track to achieve its fiscal 2006 revenue goal coupled with a significant ramp in profitability.

Investors should continue to monitor the progress of Dragon International for further developments! The company's release states that the company completed an offering of its 8% Secured Convertible Debentures due on or before July 2007 and that the notes are convertible into the company's common stock at prices ranging between $0.20 and $0.55 depending upon certain conditions.

For updated in-depth coverage and a company profile of Dragon International, visit http://www.backissuesofnewsalerts.us/DRGG0725.html

Prior to yesterday's press release, the stock closed at Twenty-Six cents a share.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Intel Corporation (NASDAQ: INTC) down 0.8% on 49.8 million shares traded, Microsoft Corp. (NASDAQ: MSFT) up 0.04% on 45.2 million shares traded and Oracle (NASDAQ: ORCL) down 0.07% on 18.4 million shares traded.

Commentary:

"Housing is still trailing a blistering path in the numbers with sales of used homes up by 2.7% to 7.33 million units according to the National Association of Realtors. Sales were up 4.4% in June and median sales rose 14.7% to a whopping $219,000 average nationally. There is caution about a real estate bubble by many experts, but so far this year the trend has continued up," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

Let Wall Street News Alert help advertise for your company using our effective awareness campaigns. If you're Interested in telling your story, we can help. Contact us at info@wallstreetnewsalert.com

WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 50 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com and select the "join now" button.

*** Wall Street News Alert is not affiliated with faxes bearing names such as: Wall Street Stock Alert, Wall Street Investor Alert, Wall Street News Alert or any other fax using various combinations of the generic words Wall Street! If you receive any such fax, please do not contact us at www.wallstreetnewsalert.com. You may wish to inquire about the fax, with the CEO of the company that the fax is written about ***

Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.

This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. WSCF has been compensated Fourteen Thousand Dollars for coverage of Dragon International Group Corp. (OTC BB: DRGG), by the company, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. WSCF may receive shares for extension of its services. Any shares will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.

Contact Information