Luminart Corp. (fka LUMP)

[Timothy Smith]

Plan Of Operation

Luminart is a publicly traded company (LUMP.PK) and parent company of Black & Blue Water Service LLC and B3 Well Services LLC (“B3”). Luminart Corp. is involved in the sale and marketing of proprietary sign making products. The company owns the worldwide manufacturing, patent, and distribution rights to Luminite®, a proprietary acrylic compound used in signs and display materials, dispensing systems and related technology. Luminite® is an acrylic compound, when applied to signage, hardens by an ultraviolet curing process into a durable plastic that adds fluorescent illumination dimensions to signs and display materials. The appearance of Luminite® is characterized by a distinctive fluorescent brilliance that differentiates a Luminite® sign from other illuminated signs. The company’s products are primarily sold to sign equipment and supply companies directly.

The wholly-owned B3 subsidiary will focus on the expansion of: contract hauling materials for infrastructure development in North Dakota, mining and processing materials for road building, and expansion of the base camp of the North Dakota operations, sales, and marketing.

Black & Blue Water Service LLC is a wholly-owned subsidiary of Luminart and specializes in fluid management, focusing on the transportation of water and drilling fluids in the Bakken oil fields of North Dakota, and soon-to-be Montana. Bakken is an 8 million acre major crude oil and natural gas reserve under exploration. The Company has negotiated a site location for drilling the first of many disposal wells in the Bakken field. The wells will provide a controlled disposal and additional defined revenue to the hauling services of the division. It is anticipated the oil drilling will require disposal of waste water at ratio of 2 barrels of waste water to every barrel of produced oil.

Currently, the company has trucks and operations staff in service in North Dakota generating revenues along with strategically identified acquisitions, time and material billing is the most common revenue stream, The company and its divisions will operate from a land use agreement with a family owned 5000 acre property located in Blaisdale North Dakota. The agreement allows for land use to be negotiated on a as needed basis and the company will pay a royalty to the Rancher on each developed project on his family owned land.

The company intends to expand its truck fleet by 2 trucks per month and to increase the useable fresh water wells and disposable water wells in order to expedite services and increase billings. The company is directed to 100% control and vertical infrastructure. The company will also begin to generate additional revenue through aggregate mining and road building (drill paths). As well, the company provides temporary 3-bedroom on-site housing for the drivers (Man Camps).

The company currently bills at $115.00 to $175.00 per hour, a highly competitive rate in the area. Normal hours billed are 300 per truck per month.

The United States Geological Service (USGS) made headlines in 2008 when it determined that the formation likely held 4.3 billion barrels of recoverable oil and gas equivalents. Analysis from Continental Resources estimates that the reserves are actually 24 billion barrels, double the current U.S. oil reserves. Major rig producers are anticipating 1,200 new wells in 2011. The company is dedicated to protecting our communities and environment by providing the safest and most reliable transportation and disposal services possible.

Since the Bakken Reserve is remote and reasonably undeveloped, the other Luminart subsidiary, B3 Well Services LLC, has secured agreements for our aggregate division to clear and provide road building materials, thus providing better accessibility to the areas. B3 is a full service trucking company with dump trucks, loaders, and graders. Most of the roads currently used in the Bakken Reserve are clay and subject to tremendous damage and inaccessibility due to heavy vehicle and truck traffic as well as seasonal weather damage. We supplies a wide range of construction materials including aggregates, asphalt, ready-mixed concrete and precast concrete products to road building companies who are aggressively working to build a road infrastructure for the State of North Dakota throughout the reserve. We also import and supply cement materials and offer a national road surfacing and contracting service.

The company is growing at a rapid rate and expects to employ up to 50, employees by the end of fiscal year 2012.

It is anticipated that the Company has sufficient cash reserves and credit facilities to last 120 days.