IMO
NSEH is planning to merge with private company Rexecom International Corp (rexecon.com/) The company was founded on May 5, 2009 they filed their annual report on 2/18/10, http://www.sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=P09000040173&inq_came_from=NAMFWD&cor_web_names_seq_number=0000&names_name_ind=N&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=REXECON&names_filing_type=)6 days after NSEG filed Form 15-12G www.secinfo.com/$/SEC/Registrant.asp?CIK=1082733
Rexecon has a patent pending product "RexFuel" new and improved catalyst for fuel consumption. The registered agent for Rexecon is Orin Neiman, he was also CEO of Fittipaldi Carriers, Inc parent company of Commodity Express Transportation,NSEH merged with Fittipaldi to become NSEH as you may know NSEH owns 100% of Commodity Express Transportation.
President of Rexecom is Frank P. Reilly, CEO of NSEH from November 16, 2006-April 2010. Insider trading shows Mr. Reilly still owes apprx 22,000,000 shares common stock NSEH of which 11,000,000 are stock options expiring March 2013. IMO Mr. Reilly still has a vested interested in NSEH. He formed this new company, Rexecom, with the sole purpose of merging with NSEH, imo.
I also spoke to Kevin Yates, the current CEO, he confirmed that Mr. Reilly is still a major NSEH shareholder, he would not confirm that they will merger with Rexecon but he did inform me that the NSEH has been able to clear all its debt and is currently a clean shell. Today 11/12/2010 he sent in his executive summary to his legal team with term sheets. He also said they are drawing up a Letter of Intent (LOI) to aquire a un-named company.
In my opionion, this clean shell will have a reverse merger very soon.
Do your own research and buy at your own risk or reward
