NUGL, Inc. (NUGL)

[$heff]

DD re: BHWF....I have tried to contact Mr. Frank Marshik who is the CEO of BlackHawk fund moving forward and have not been able to speak with him. Something is definitely in the works as is evidenced by the recent flurry of filings that are on time and very current thru May 2008. There seems to be expediency in getting everything in order for the new company to take control. Why do I believe this?

I have been trying to get in contact with Mr Frank Marshik via e-mail and have been unsuccessful to date. My first step was to contact Shumate Industries (SHMT.OB-.25) where Frank is a director on their board. From my inquiries two men high up in Shumate, were reluctant to give me the e-mail for Frank Marshik. Those men were the CEO, Larry Shumate, and CFO, Matt Flemming. They stated that Mr. Marshik wanted to know more about me and why I inquired about the recent change of guard at BHWF.OB. I seemed to know too much of what was going on and they had no clue who I was and why I wanted this information. I let both men know via email that I am an investor with an interest in understanding the changing of leadership within BHWF and why all the recent & current flurry of filings. I received no answer but my email and questions were forwarded to Marc Indeglia.

I was contacted via e-mail by Mr. Marshik's legal counsel, Marc Indeglia who told me in an e-mail that he wanted verification I was a shareholder in the company by faxing him my holdings. I would not submit this information but wanted to call him to clarify his question for me in why I wanted to know what was going on with the company. Mr. Indeglia mentioned to me that he informed Mr. Marshik not to answer any questions regarding the "new entity" and change of guard and that his attorneys would field questions till IR was up and running. He told Mr. Marshik that it would be up to the IR that would be in place shortly to field questions from shareholders and not him. I asked why and he mentioned that it would not be "fair" if other investors had inside knowledge on the company that other investors did not have. He mentioned to me that all details were in the filings which confirmed my thoughts on what was happening. I mentioned to Mr. Indeglia that I was impressed at the speed at which the filings were occurring and he agreed that things are moving along fast but gave me no further details. He was clearly protective of Mr. Marshik as well as his own interests as a part of Terminus, Inc and a majority shareholder.
Flurry of BHWF filings below from February thru May 2008



What I did learn is that there is are strong indicators of major details occurring behind the scenes with a potential RM that could be huge from where BHWF sits now at .0007. I believe the RM company to be valued at 3.6 cents per share based on the fact that is what Terminus paid for 10,000,000 Preferred Class C shares for $363,000 and a controlling interest. I was told that an IR firm would be in place shortly so that Mr. Marshik can run the operations of the company to be and that he did not want Mr. Marshik to be speaking to investors as it would be unfair to current investors (inside information). This is new knowledge even though the recent flurry of filings since February and the secrecy surrounding the dealings have been heightened. Even when the company filed the last NT10Q stating they would be late to get numbers in order on May 15th they sent the corrected one out only 4 days later on May 19th! Very impressive as the company wanted to make sure all their numbers were correct. Why? IMO because this is a new entity and they wanted to make sure no stones were left unturned.

The current PPS on this play is only .0007. I believe this stock should be in the area of at least .01 knowing what was paid for controlling rights only of the 10,000,000 shares by Terminus. This company is fully reporting OTCBB and has a low O/S of 563,000,000. This is a triple sub stock!! Most stocks trade off of what investors think will happen with no filings and just reported chatter. Happens mainly in pinks as they are not required to file. Investors can view the filings with this message & further details that show this company moving forward nicely. An investor knows when BHWF has completed an initiative because they file it. That is the beauty of a fully reporting OTCBB company because it is all there for investors to see.

The key with this play is risk vs. reward. The details are in the filings. This is not a potential hype IMO but members can see the filings and determine what is taking place and it will be a strong indicator of what is to come for this company as they continue to file updates with regularity. I believe that after further research that Midwest Funding is the company that will be merging into BlackHawk Fund. Ttattletell posted this first but I am following up on this information as I believe this to be a strong indication of an RM in the phone number that was BlackHawk and Now Midwest Funding [phone]. I do not think that this is a mere coincidence. Just trying to follow the dots and this is my DD as I see it. This stock should move on its own merits based on DD reported. I initially reported this at .0004 as a bottombuster play
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=29208026&txt2find=bhwf
Again...I report and you can decide!! Best, Sheff

http://www.mwfunding.com/contact.asp
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