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Thursday, May 04, 2006

Penny Stocks BLGA BlastGard International Addresses Market Activity

BlastGard International, Inc. (OTCBB:BLGA Message Board - News), the creator of blast-mitigation products and services, is pleased to announce that a group of investors, led by Anthony Marchese, President of Monarch Capital Group, LLC, acquired approximately 2.1 million shares from present BlastGard shareholders who were originally affiliated with OPUS Resource Group, Inc.


BlastGard CEO Jim Gordon said, "This transaction addresses an overhang of shares in the market that we believe has impacted the value of our shares in the past. Having an institution such as Monarch Capital take an interest and position in BlastGard we believe validates the intrinsic value that we know exists."

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