Native American Energy Group Inc. (fka NAGP)

[Rhubarb]

Each shareholder of NVMG shall be entitled to receive shares of the Surviving Corporation, Native American Energy Group, Inc. (NAGP.PK) to which the shareholders are entitled under the Plan of Merger.

http://www.pr.com/press-release/200466

they didnt even have the balls to mention the scale of the exchange there

1 for 10,000 isnt worth telling anyone about.

NOTE: Current equity positions are expected to decrease in the year 2010 as part of
any funding arrangement consummated or conversion of debt to equity to lessen
Issuer’s debt burden. Therefore, all current shareholders including the control
shareholders will be subject to dilution as per such financial arrangements. In addition,
the three officers listed above have not received proper salaries from the Company
since its inception, and in lieu of this, the Board of Directors of the Company may elect
to issue them shares as partial compensation

Company issued 535,000 shares as per conversion of certain loans provided to the
Company. There was no official offering of securities. The conversion prices varied from
$.10 to $1.00 per share.

Now lets just stop the presses for a minute here and pay particular note

To paragraphs A and B (a is taken from the initial company disclosure filing, while b was taken from the 2009 soon to be audited financial report

How do you aquire something in 2007 and PR that fact, then 1 for 10,000 share exchange your shareholders, then pay for the license in 2009

a) February 14, 2007 – NAEG acquired Exclusive License for Proprietary Wind Turbine
Products. The rights encompass all Indian lands in the United States & Alaska as
well as the entire state of New York. License and distribution rights cover approx.
112+ million acres in the United States equal to approximately 5% of the total U.S.
land mass.

In 2009, the Company issued 20,000,000 shares of its common stock as per a technology license and distribution rights agreement for proprietary wind turbine energy products. The shares were issued in lieu of a $2,000,000 payment for such license and distribution rights. The rights encompass all Indian lands in the continental United States and Alaska as well as the entire state of New York. License and distribution rights cover a territory of approximately 112+ million acres in the United States, equal to approximately 5% of the total U.S. land mass.

If something smells fishy in Denmark

You Should Smell the TRIPE comming Outta New York City

Wall Street Baby