NewBridge Global Ventures Inc (NBGV)

[Planopenny]

More DD BYHL RM with Proteus Energy slate to go through anytime soon. Contact with IR made last week. Proteus has some big developments this year, looking to go public per Bayhill IR.

Ownership profile

Bob Bench, Director, President and CEO 778,794
Jim Jensen 439,010
Datwyler 200,000
Taylor Bench 161,105

Total of 1,578,909 insider owned shares

Public float per feb 14th 2011 10Q 3,254,841

Tradeable float is 1,675,932

"Lynch Canyon Field: In April 2010, Proteus and the other co-owners of the property sold a 50% working interest to a large Asian trading company" from the Proteus Energy site

If you look into the Lynch canyon sale it comes up as HANWHA, which is a large Korean company http://english.hanwhacorp.co.kr/

Per PR: "Bayhill is going to issue 900,000 shares to raise $5,000,000 for part of the purchase of Proteus Energy. They will also issue new shares for the RM and total shares would be around 32million. Proteus has proven reserves of 32million (before the PPS of oil went up). That puts the value of the stock post merger at a dollar minimum. That is not counting unproven reserves they have. This could be huge!!