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
-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
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