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Schulich

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Schulich

Re: Vigo post# 211

Thursday, 02/24/2011 7:57:46 AM

Thursday, February 24, 2011 7:57:46 AM

Post# of 3556
from yesterday's PR:

The Board of Directors of Blugrass unanimously approved the acquisition. Upon closing, Blugrass issued to Dallas, Texas-based Petro Grande, LLC, shares of Blugrass common stock comprising approximately 77% of the outstanding shares, plus a promissory note in the amount of $3.5 million.

so now 77% of BLUG's outstanding shares held by Petro Grande LLC?!
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