Oriental Dragon Corp.

Oriental Dragon plans for Initial Public Offering.  The company had originally consummated a reverse merger with a private company on October 22, 2009.

Company Snapshot:

Producer of fruit juice concentrate in the PRC

Industry Snapshot:

• With approximately one-quarter of the world’s population, the PRC represents a key growth driver for the global fruit market. However, the per capita fruit juice consumption in the PRC is currently below that of most major developed countries, indicating that there is a great potential market for the purchase and consumption of fruit-based products, like those made with our concentrate, in the PRC.
  
• Due to increased consumer health consciousness, we believe health- oriented products like our Laiyang Pear juice concentrate will continue to experience strong growth in the PRC in the pharmaceutical and health- supplement industry. In reports issued in early 2010, the China Economy Research Associates (“CERA report”) and the Industry Analysis Report of China Laiyang Pear Related Products (“Industry Analysis Report”) noted current pharmaceutical and health supplement manufacturing alternatives to Laiyang Pear juice concentrate include herbal mixes and some western medicines, such as Codeine, which are addictive and have adverse side effects to health. 

Use Of proceeds:

Underwriter: Roth Capital Partners, LLC

Proposed offering price: $8.00

Post IPO Share Calculation:

• 27,499,171: Pre IPO fully diluted share count.
•   2,500,000: Newly issued shares
•      375,000: Over-allotments shares 

GeoTeam® best effort calculation of total post IPO share count to  30,374,171

Note that 3.4 million warrants exist with an exercise price of $6.00.

Financial Snapshot:

For the six months ended June 30, 2010, we had:

• Net revenues of $49,599,385, as compared to net revenues of $46,371,201 for the six months ended June 30, 2009, an increase of $3,228,184 or 7.0%.
  
• Net income of $10,556,738, or $0.38 per ordinary share (basic and diluted) compared to $9,241,901, or $0.43 per ordinary share (basic and diluted).

For the three months ended June 30, 2010, we had

• Net revenues of $6,398,333 as compared to net revenues of $2,227,201 for the three months ended June 30, 2009, an increase of $4,171,132 or 187.3%.
  
• Net income of $1,291,239, or $0.05 per ordinary share (basic and diluted) and $449,035, or $0.02 per ordinary share (basic and diluted).