BLUG = SCAM
From BLUG 2012 annual report:
Overview of our Business
We had no revenues during the period January 1, 2012 and December 31, 2012. ?We have minimal capital and minimal cash. We are illiquid and need cash infusions from investors or shareholders or loans from any sources to provide capital.
During the 2013 fiscal year, the Company intends to to acquire, merge, or purchase, an oil field service company. The Company intends to continue to raise funds to support the efforts through the sale of equity and/or debt securities.
