1st NRG Corp (FNRC)

[cropduster08]

Same here on my shares showing up. Just noticed my dividend shares are in my E-trade account now. Must have happened last night or early this morning. I had sent an inquiry to E-trade yesterday and they said the shares would appear in my account as soon as they got them.

In 6 months to 1 year our new dividend shares will be convertible into 100,000 shares of the common for every share of the dividend shares. This should effectively double the number of common shares folks had on April 28th, which was the day of record for the distribution.

Now what? Here is my plan.

I've got the original shares up for sale at $.0005. This number works for me and completely covers my cost for the original shares, plus a little profit.

Then we wait for a year and see where we are with the common, after the new dividend shares are converted. Should get at least another $.0005 or maybe more. Could be much more. In my mind, this could be the ticket to making a good deal of money on this stock. By then we should know how it is going in Wyoming with the drilling of the 8 new methane wells and how FNRC faired in Ohio with the Utica shale oil and gas play.

Good luck to all. What we need this summer is one or two good press releases concerning progress being made in Wyoming and Ohio.

I don't think the reverse split will happen until after we see progress in Wyoming and Ohio and probably not until after all these conversions take place.

Cropduster