Golden Dragon Holdings, Inc. Announces Filing of Attorney Letter in Regards to Current Information on the PINKOTC

BEIJING, Jan. 8( )/PRNewswire-FirstCall/ -- Golden Dragon Holdings, Inc. (Other OTC: GDHI) http://www.gdfbhk.com an international food and beverage distributor, has just published its Attorney Letter from the New Jersey based law firm Frohling Associates, LLC, which states in part that based on the examination of the fiscal year end 2009 financials, the current information disclosure statement, the company constitutes adequate current public information concerning the Securities and the Issuer, and 'is available' within the meaning of Rule 144(c)(2) under the Securities Act, (ii) includes all of the information that a broker-dealer would be required to obtain from the Issuer to publish a quotation for the Securities under Rule 15c2-11 under the Securities Exchange Act of 1934. To view this letter in its entirety please follow the below link;

http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=27825

"This is a commitment to our shareholders in showing that we will continue to ensure complete transparency and it is our goal to maintain this designation throughout the year," confirmed Mr. Frank Yglesias CEO of Golden Dragon Holdings.

About Golden Dragon Holdings, Inc.

Golden Dragon Holdings, Inc. owns and operates Golden Dragon Food & Beverage Import & Export Company of Hong Kong, Ltd. (GDHK) in central Hong Kong and Beijing Flying Golden Dragon International Trading Co., Ltd in China (BFGD). Golden Dragon Holdings, Inc. has agreements with U.S. food manufacturers. GDHI acts as a buying agent for GDHK, negotiating vendor contracts and services with U.S. food and beverage industry partners. The Hong Kong Company plays a strategic role in the importation of products into the Chinese market by leveraging the Closer Economic Partnership Arrangement (CEPA) with China. Through this arrangement, Beijing Flying Golden Dragon International Trading Co., Ltd distributes some of the most popular U.S. food and beverage brand products directly into the hypermarkets, supermarkets and convenience stores in China. The Company is responsible for order fulfillment for its clients in China, as well as providing advertising and promotion (A&P) services for its U.S. food and beverage products.

Safe Harbor Statement

Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995.

SOURCE Golden Dragon Holdings, Inc.

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