Replies to post #38185 on Penny Stock Wallbusters (PSW)

[ericwright]

You expecting more of the same on MGRN next week as well bro?

[Wiseman68]

got it on watch float size????

[million]

She's set to go!

[$oldier Hard]

IBXG .0005 hits and 0005 gone. 0006 up

[million]

MGRN>>> Monogram Energy, Inc. Continues Negotiations to Acquire US Green Energy, Inc.


2009-04-15 09:00 ET - News Release

RICHMOND, TX -- (MARKET WIRE) -- 04/15/09


Monogram Energy, Inc. (PINKSHEETS: MGRN), a diversified commercial energy company, is continuing its negotiations to acquire US Green Energy, Inc. of Irvine, California. The board is pleased with the due diligence work to date, and anticipates completing that aspect of the project in just a few weeks. Once completed, this acquisition will allow Monogram Energy to enter into the manufacturing, marketing and sales of solar based residential and commercial products and systems, along with additional alternative energy based projects.

Billy King, Chairman and CEO of Monogram Energy, Inc., stated, "We continue to be excited about this transaction as we approach the end of our due diligence period. Our stockholders have expressed a lot of interest in this, and we hope to have good news for them. This will thrust Monogram Energy, Inc. into the Alternative Energy space, and into the multi-billion dollar US market for solar products and services."

About US Green Energy, Inc.:

US Green Energy, Inc. (USGE) is a pre-public holding company focused on acquiring high-growth firms, assets and properties in the Green & Renewable Energy industry. USGE is an integrator of technologies and products into energy markets. We design, integrate, construct and maintain power systems using a variety of technologies and energy sources for both grid-connected customers and for those who need power solutions for remote locations, or require more reliable or environmentally benign alternatives to centrally distributed electricity. Our distributed generation systems produce electricity from Bio Fuel and from cleaner, more sustainable sources such as wind, solar, biomass, geothermal and fuel cells, using reliable power generation technologies integrated with custom controls and power electronics. The Company is currently involved in 5 core business units. For more information on US Green Energy, Inc., please visit http://www.usgreenenergyinc.com.

About Monogram Energy, Inc.:

Monogram Energy, Inc. is an independent energy company engaged in the acquisition, development, and exploitation of oil and gas properties. The Company specializes in acquiring oil & gas leases with proven reserves that have the potential for increased production. Monogram Energy, Inc. is publicly traded on the over-the-counter market under the ticker symbol MGRN.PK.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.


Contact:
Monogram Energy, Inc.
Billy D. King
3320 FM 359
Richmond, TX 77469
Phone: [phone]
Fax: [phone]
Email: [e-mail]
Website: http://www.monogramenergy.com

Corporate Communications Firm:
MicroCap Management, LLC
2004 A West 120th Street
Westminster, CO 80234
Phone: [phone]
Email: [e-mail]
Website: http://www.microcapmanagement.com