Reverse Merger Corner

[Caerus]

DNMO super intersting! one to watch when trading starts. recently changed its name to Saga Energy Inc.

http://www.sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=P99000042965&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=DONMARCOSTRADING&names_filing_type=

some good things in the latest 8K implies RM.

1.) Item 5.01 Changes in Control of Registrant

(a) As of August 15, 2011, the Company has undergone a change in control related to a private transaction between shareholders.

As of August 15, 2011, owners of an aggregate of 30,900,000 shares of common stock of the Company selling in a private transaction 32,075,000 of the shares held by them to a group of approximately six purchasers for a total sales price of $325,000 originated from the purchasing group (the “Sale”).

As a result of the Sale, Blue Sky Energy and Power, Inc., a Delaware corporation (“BSEP”) has acquired 28,065,625 common shares representing 58.1% of the total issued and outstanding common shares.

Title of Class Name of Beneficial Owner Amount of Beneficial Ownership Percent of Class
Common Stock Blue Sky Energy and Power, Inc. 1 28,065,625 shares 58.1%
Common Stock Ilyas Chaudhary 28,065,625 shares 2 58.1% Common Stock
Dading T. Soetarso 801,875 shares 1.7%
Common Stock George Djuhari 0 shares 0%
Common Stock Boedi Tjahjono 0 shares 0%
Common Stock Faisal Chaudhary 28,867,500 shares 3 59.8%
Common Stock Aamna Virk 28,867,500 shares 4 59.8%
Common Stock All directors and officers as a group (6 people) 30,471,250 shares 63.1%


2.) Switch in directors- As agreed between the shareholder groups, Ilyas Chaudhary, George Djuhari and Boedi Tjahjono will replace Earl T. Shannon, Steven W. Hudson, Scott W. Bodenweber, Peter Wright, and Mark E. Tupper on the Board of Directors of the Company. Ilyas Chaudhary shall be the Chief Executive Officer and President of the Company, Dading Soetarso shall be the Chief Financial Officer and Aamna Virk shall be the Secretary of the Company.

info on new CEO- Mr. Ilyas Chaudhary was appointed our President and Chief Executive Officer since August 2011 and was appointed a director of the Company to be effective as of ten days after the delivery of the Schedule 14f-1. Since November 2005, he has been acting as the President and Director of Pyramid Petroleum Inc., a Canadian corporation, where he acquired oil and gas assets in the Gulf of Mexico. Mr. Ilyas Chaudhary has served as the President of Blue Sky Langsa, Ltd., an Indonesian company (“BSL”), BSEP and BSIH since December 2009, March 2010 and September 2009, respectively, and has served as a director of BSEP since March 2010. He has also served as a Director and President of Capco Energy, Inc., fka Alfa Resources, Inc., from September 1999 through September 2007. Mr. Ilyas Chaudhary has 35 years experience in various capacities in the oil and gas industry.


3.) Shell company starting up in energy sector- The Company has not acquired any existing business. We remain a shell company as the term is defined in Rule 12b-2 under the Exchange Act. The disclosures regarding (i) the market price of and dividend on the Company’s common stock and related stockholder matters; and (ii) recent sales of unregistered securities is incorporated by reference herein. We also incorporate by reference the disclosure contained in our Form SB-2/A filed October 3, 2007 and recent disclosure on Form 10-Q filed June 30, 2011 with the exception of the specific disclosures amended by or contained in this Form 8-K.

The Company intends to develop energy resources throughout the globe, placing an emphasis in petroleum in Indonesia. The Company currently has no current products, services, customers, patents, trademarks, licenses, franchises, concessions, royalty agreements or labor contracts. The Company expects limited competition in its business relating to petroleum resources, and anticipates requiring only limited government approval through its anticipated acquisitions of petroleum assets.

The Company may be required to plug and abandon wells in cases where wells the Company purchases or develops are located on concession lands to be returned to the government of Indonesia. The Company also anticipates being required to retain insurance for environmental matters regarding any wells it purchases or develops

4.) Adress Change- The Company has relocated to new principal offices to Orange, California, where the Company is renting 800 square feet of space for $1,500 per month, on a month to month basis.

still doing more DD on directors involved. but RM or not this looks very promising

8K a.o 8/19/11- http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8111121