Novamex Energy Inc. (fka NGLE)

[miltonjayro]

BLUG (Blugrass Energy, Inc.) .0008 x .001
13465 Midway Road
Suite 114
LB 10
Dallas, TX 752
BLUG Security Details Share Structure

Market Value1 $69,222 a/o Jun 29, 2012
Shares Outstanding 173,054,315 a/o May 10, 2012
Float Not Available
Authorized Shares 1,000,000,000 a/o Feb 16, 2012
Par Value 0.001
Blugrass Energy Inc. is a dynamic oil and gas company focused on exploration and production of oil and gas properties in North America. Blugrass currently has interests in producing oil and gas assets and has longer term exploration assets in the United States of America which will increase shareholder value and a contribute to American energy independence.
Blugrass’s business strategy is to acquire and exploit strategically located assets in the Permian Basin. This Basin remains the largest onshore U.S. oil-producing region with about 825,000 barrels of oil per day (a quarter of the nation’s domestically produced oil), and it contains as much as 30 billion barrels of remaining mobile oil.. Annually, over 350 million barrels of oil are produced and 1,500 billion cubic feet of natural gas per year making it one of the most prolific oil and gas regions in the United States of America.

The reason we like this stock because recently the UNG and the UGA have caught quite the bid , with the dollar drop inthe last week we believe that the energy sector will be readily sought after. As we have seen in the past playing stocks in “Sympathy” to the Latest TREND has been the best strategy for our group
Some Key Points

- OTCQB 2nd tier penny stock in the market

-Current filings

-BLUG is current and reporting.

-Market cap around $170K.

-Level 2 is thin could see .002-.003

-Stock is active current 10Q released May 2102

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8543254

-10k released April 2012

http://www.otcmarkets.com/edgar/GetFilingHtmlF
ilingID=8543254

-8k Released Feb 2012

http://www.otcmarkets.com/edgar/GetFilingHtmlF
ilingID=8417747

-STOCK saw a 52 week low of .0004
52wk Range0.07 - 0.0004. The stock hit a high of .0012 on a strong reversal look for a major in “Sympathy” Move to .0058 . Look to consolidate and break the down ward trend if it does there is not much resistance to .006 range

Must See CHART

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