NUGL, Inc. (NUGL)

[Bossco]

Accordingly, management has determined to discontinue the media and television production operations. Management is continuing the evaluation of our real estate business, the existing real estate portfolio valuations, the existing and potential rental possibilities, the current market values, and the existing financing arrangements. In addition, in light of the distress in the real estate markets, management is looking at potential real estate acquisition opportunities that, if consummated, would increase and diversify our real estate portfolio. Management is also considering diversifying into additional lines of business. In all cases, management may seek to form one or more partnerships, enter into one or more joint ventures, or conduct one or more strategic acquisitions.

http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6631683

So here is what I got from this.
1.Website
2.merger
3.partnership

Any ideas anyone?