1st NRG Corp (FNRC)

[penywoo]

On the link below you can down load the pdf that I just posted .
Look like I bought poo poo at .0006


https://www.otcmarkets.com/stock/FNRC/news/1st-NRG-Corp-%E2%80%93-January-2017?id=149971&b=y


1
st NRG Corp – Announces its Strategic Plan for 2017
Denver, Colorado (February 3, 2017) 1st NRG Corp. (OTCBB: FNRC.PK) an exploration and production
company headquartered in Denver, Colorado is issuing a stockholder update to shareholders on its plans for
2017.
The Company has previously announced key acquisitions it has for 2017. CEO Kevin Norris states, "We
realize that in order to meet these potential acquisitions, any attempt to raise money on the OTC Markets is
futile. To that end, we are now committing ourselves on a course to becoming a fully reporting Company.
Prior to that objective, we must file either reviewed or audited financial statements and pay for a reserve
report which will give us an independent third party evaluation. The decision to file a REG A or an S1 will
likely depend upon the value that comes out of the reserve report, and the financial review. We are certain
however that we meet the net shareholder equity requirements of $4,000,000 needed to meet minimum
qualifications to get listed on a nationally recognized exchange. Our major concern is cash flow and the
acquisition of producing oil and gas wells would mitigate those concerns. "
CEO Kevin Norris further states that the Company's stockholders will be making investments into 1st NRG
so that it can meet its obligations to pay for the audit/financial review and reserve report. Depending upon
the value that comes out of that, a determination will be made to file a REG A or S1.
About 1st NRG Corp.
Our activity has been centered upon the development of coal bed methane reserves in Wyoming where
through our wholly owned subsidiary, 1st NRG Wyoming, we operate and hold a working interest in 43
producing wells, 3,059 undeveloped acres and an estimated 18.5 BCF net to our interest. The undeveloped
acreage could be permitted for up to 36 additional locations which are characterized by what we believe to
be low geologic risk, a repeatable development opportunity and are offsetting wells which all demonstrated
developed coal seams in the Schwartz, Anderson, Canyon, Cook and Wall formations. In 2014 we expanded
our activities into a development of acreage in SE Ohio encompassing approximately 7,000 acres where we
hold a 35% working interest in a Beekmantown Dolomite well.
Our website is currently down.
Forward-looking statements in this release are within the meaning of Section 27A of the Securities Act of
1933 and Section 21E of the Securities Act of 1934 as amended. A statement identified by the words
“expects,” “projects,” “plans,” “feels”, “anticipates,” and certain of the other foregoing statements may be
deemed “forward-looking statements.” Although 1st NRG Corp. believes the expectations reflected in such
forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause
actual future activities and results to be materially different from those suggested or described in this press
release.