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BLUG = SCAM
From BLUG 2012 annual report:
Overview of our Business
We had no revenues during the period January 1, 2012 and December 31, 2012. ?We have minimal capital and minimal cash. We are illiquid and need cash infusions from investors or shareholders or loans from any sources to provide capital.
During the 2013 fiscal year, the Company intends to to acquire, merge, or purchase, an oil field service company. The Company intends to continue to raise funds to support the efforts through the sale of equity and/or debt securities.
BLUG = Smoke and Mirrors.
Nothing more nothing less!
SCAM
BLUG = SCAM
From BLUG 2012 annual report:
Overview of our Business
We had no revenues during the period January 1, 2012 and December 31, 2012. ?We have minimal capital and minimal cash. We are illiquid and need cash infusions from investors or shareholders or loans from any sources to provide capital.
During the 2013 fiscal year, the Company intends to to acquire, merge, or purchase, an oil field service company. The Company intends to continue to raise funds to support the efforts through the sale of equity and/or debt securities.
lets see the 10-Q first
BLUG is raking holders over the coas with the RS!
Then they are going to do it all over again with their new leadership!
This is how the game is played....
BEWARE THIS IS A SCAM
BLUG = SCAM
From BLUG 2012 annual report:
Overview of our Business
We had no revenues during the period January 1, 2012 and December 31, 2012. ?We have minimal capital and minimal cash. We are illiquid and need cash infusions from investors or shareholders or loans from any sources to provide capital.
During the 2013 fiscal year, the Company intends to to acquire, merge, or purchase, an oil field service company. The Company intends to continue to raise funds to support the efforts through the sale of equity and/or debt securities.
When you want to bash by cutting and pasting the same message multiple times, try spellchecker - it's "coals" not "coas"
BLUG = SCAM
From BLUG 2012 annual report:
Overview of our Business
We had no revenues during the period January 1, 2012 and December 31, 2012. ?We have minimal capital and minimal cash. We are illiquid and need cash infusions from investors or shareholders or loans from any sources to provide capital.
During the 2013 fiscal year, the Company intends to to acquire, merge, or purchase, an oil field service company. The Company intends to continue to raise funds to support the efforts through the sale of equity and/or debt securities.
BLUG is raking holders over the coas with the RS!
Then they are going to do it all over again with their new leadership!
This is how the game is played....
BEWARE THIS IS A SCAM
Is anyone else having trouble trading in BLUGD right now? My broker won't do anything until they receive the new stocks
Maybe it is the same person bidding .04 today even after the reverse split went through.
What does that mean?
effective this morning. temporary symbol: BLUGD
Blugrass Energy Inc. changed to Nogal Energy Inc., and a one for 200 reverse split:
http://www.otcbb.com/asp/dailylist_detail.asp?d=08/09/2013&mkt_ctg=NON-OTCBB
19mil volume vs 1.2mil avg 10 day
EDIT: oh its a r/s today....nevermind =/
Who is the person who keeps selling very small amounts of stock at a loss to artificially keep the stock price down at end of day? We could have closed at 200% up and started on a new base.
For the first time in a while, its worth buying some up because is just moved to a buy price of 0.0002. R/s must be soon
BLUG is raking holders over the coas with the RS!
Then they are going to do it all over again with their new leadership!
This is how the game is played....
BEWARE THIS IS A SCAM
Bid is now 0.0002 and ask is 0.0003 but we're stuck at 0.0001 still due to no volume. Just takes someone to buy!
No it will not be good....
Only thing changing is leadership....
Thus means new ways to SCAM AND DECEIVE
There is a r/s and merger in play, I guess it depends on what happens next
its just stating over thing will be good
New leaders = New Scammers
BLUG = SCAM
From BLUG 2012 annual report:
Overview of our Business
We had no revenues during the period January 1, 2012 and December 31, 2012. ?We have minimal capital and minimal cash. We are illiquid and need cash infusions from investors or shareholders or loans from any sources to provide capital.
During the 2013 fiscal year, the Company intends to to acquire, merge, or purchase, an oil field service company. The Company intends to continue to raise funds to support the efforts through the sale of equity and/or debt securities.
Big week next week!!! Gotta show some optimism here!
Thanks! Not looking for any real money on this one but would love to get opportunity to get some back!
Any clues on when the r/s will happen?
So, does anybody have a clue as to when the name change and r/s will happen?
No problem: anytime
very well thought out.
thanks.
So this means they are BROKE.
They needed a RS to get more vc funding
They will rinse and repeat.... and burn everyone again...
STAY AWAY
yep - pretty straight forward. the new company and owners will be working to develop an oil company.
thanks for the input.
From BLUG 2012 annual report:
Overview of our Business
We had no revenues during the period January 1, 2012 and December 31, 2012. ?We have minimal capital and minimal cash. We are illiquid and need cash infusions from investors or shareholders or loans from any sources to provide capital.
During the 2013 fiscal year, the Company intends to to acquire, merge, or purchase, an oil field service company. The Company intends to continue to raise funds to support the efforts through the sale of equity and/or debt securities.
Thanks for your input.
As I'm sure you know, this company has recently been through a reverse merger and has new management and majority owners.
Please provide the info that shows they have been involved in any type of "scam" activity.
your help is very much appreciated.
Hah! You have been warned.... invest here and you will lose. Scammers.....
Looks like someone wants .0001s before the R/S. Or you're just really, really bored.
Absolute piece of garbage stock. Invest here you will lose your $
Yout gonba lose more $ if you buy after the split. Owners are know scammers
When should we expect the r/s to take effect?
Woo! Big day! 100% up!! When is this stock going to move up properly?
If the incoming company actually isn't a POS and has some value to it I don't see why they would need to R/S. The SS is very decent.
If the vote turns out to be a nay, I may scoop up what I can down here.
no 8K filed today. maybe they delayed the Special Meeting.
http://www.sec.gov/cgi-bin/browse-edgar?company=blugrass&match=&filenum=&State=&Country=&SIC=&myowner=exclude&action=getcompany
Somebody should have bought something to bring it back up. So, looks like they have defaulted on announcing the vote?
that trade was an aberration - the bid was .0002 all day long.
http://ih.advfn.com/p.php?pid=nmona&article=58241789
according to the filing, the vote results were due today. The "Special Meeting" was scheduled for July 16th:
The preliminary voting results will be announced at the Special Meeting. The final voting results will be tallied by the inspector of election and published in a Current Report on Form 8-K, which the Company is required to file with the Securities and Exchange Commission (“SEC”) within four days following the Special Meeting.
Still no news on the split and we're down to 0.0001 by someone selling 500 shares. This one is great!
The results of the vote should be announced tomorrow (per the filing).
I expect that it was approved. Things should proceed quickly after that, but there is no way to know the specific timetable until they come out with the 8K.
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Nogal Energy, Inc.
As of 5-19-2014
Only 16,834,415 Shares Outstanding!
According to: Holladay Stock Transfer (Transfer Agent)
Please Post Any Relevent Contact Information to Board, Thank you!
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