BLUG reverse merger coming details found in 10k 9. Subsequent Events On November 19, 2012 the Company entered into a letter of intent with Excellere Capital Group, LLC to document the interest regarding the acquisition of a majority of the capital stock of the Company. The proposed acquisition will be accomplished by means of a reverse acquisition, as a consequence of which Excellere Capital Group, LLC shall acquire beneficial ownership of ninety-nine and one-half percent (99.5%) of the issued and outstanding stock of the Company. The reverse merger acquisition is expected to close in the third quarter of 2013. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9223683