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Probably a dumb question, but just to be clear, is this last PR about the merger that they were talking about some time ago? If so, that was in May and back then it was 2 months from completion. Is it 2 more months now or am I confused?
I took that as meaning they wanted to meet higher capital requriements to get on a better exchange.
Interesting how that info was not released. I would assume because it is still too speculative in content. Wise move on their part.
EDIT: OOPPSS. Looks like they just released it. <sigh>
Careful with those predictions, swaamme. You'll be throwing that crystal ball right out the window with this little demon.
I think I calculated sometime ago that it would take around 34 shares of NWOG to buy one large regular Starbucks coffee. I would rather is be 34 shares to buy a Starbucks franchise :)
Are we ever going to get past 5 cents?
I think your friend is right, it will be very rewarding. And, unless NWOG is one of the most elaborate and well planned scams in the universe, the company has to be real and aspiring to be a success. You have to remember that the economy there in Russia is like the wild wild west right now. I do believe that Malyshev is well enough connected there that NWOG will be OK.
It may not be as soon as we would like it, but he (parkin) will get what's coming to him eventually. Sleezebags like him always do.
Hi Ibreken.. While I do agree that particularly in the past we have been "fluffed" especially by the Parkin regime, I don't entirely agree with you this time. This announcment was more of a progress report than a "gonna maybe one of these days". I am reserving any enthusiasm until there is follow up as promised in August, however, just to be on the safe side I'm going to get a few more shares. Live in hope, die in despair!
I wonder what they believe the "real value" of the company to be?
" still beleive EIK should replace Malyshev as President of NWOG"
I think he should replace Jane the news girl. At least Maly has some relationship with Putin. He could advise Maly on day to day matters.
EIK: Thanks for taking the time and expense to get some information from them. You're right, I wish the news was better. Honestly, I don't believe this company can/will exist much longer as a public entity if they don't aggressively pursue and complete some of their business objectives. Although the stock once in a while will have some anemic growth, it quickly will collapse as evidenced by the price as of today. Normally by now I would take my loss, lick my wounds and move on, but in this case it's just not worth it. Like all of us at this point we are more or less locked in, like it or not. This Jane person may like to take the "tough love" approach, but frankly, the nerves of the share holders of this loosing proposition are not in the mood for it. I'm not asking them to invent news, I'm asking them to make news. They're not doing us a favor, it's their obligation that they took on when they decided to become a public company.
Well please don't hope to add some more in the 3's :)
Well, the one good thing about our current price (0.0475) is that we get to be excited again if it goes into the 6 and 7 range. Nothing like lowering the bar.
Gooooooooooooooooooooooooooooooooooooo NWOG!
Anyone have any clues/guesses as to when this news drought will finally be over? The "2 months to complete" time period is just about up if I count back from the last conference call in regard to the couple of deals and merger they have been talking about.
Hmmmmmm. Whenever I see a picture graphic in the signature line I usually assume that it is yet another "morphed" version of Rushmore. If not, they'll soon learn that our little demon seed here rarely follows trends. :)
I think you and I are the only ones left as investors here Vic.
Looks like nobody is interested in our little gem today so far. 9:55am and not a single buy of sell so far. <sigh>
It's a shame isn't it Vic. Unless their aim is to weed out the weak, it certainly is a poor way to run a publicly traded business. Sadly, I hope your prediction is true.
As a relatively long term holder of this stock I will say this and only say it once so not to dwell on the obvious. As a business leader and president of this company, Mr Malyshev is a complete and utter disgrace and failure. It is, however, my hope that as EIK has also stated in the past that the greed and prior commitments that have been made to the high stake holders will eventually force him or a suscessor to show profitablity. While Malyshev and Sozinia are busy feathering their russian nests, I'm sure they realize they're going to have to produce sooner or later. And when they do, I'll be there to collect. If they don't, I hope I at least get to hear about their unfortunate consequences.
I guess someone should put a tombstone on this message board to make it official, huh?
OK! We'll be watching.
"We had a whopping $8,000 traded. And on no news yet! What a day!"
Sarcasm noted. Could it be that people are finally sick and tired of anemic growth, secrecy, and failure to deliver on any projects? Nah, probably just waiting for the great news.
Go NWOG!
Nope. Right now we are 1.92% up for the day.
Goooooooooooooooooooooooo NWOG
EDIT: correction.... back to 9.62% very bizzare trading
"they cancelled trading in frankfurt back in March. I couldn't find a pr, but here are two different posts on it."
I seem to remember that there were concerns over questionable trading (naked shorting) practices that the Frankfort exchange was supposed to be notorious for. I thought that was the reason NWOG pulled out.
Ah yes, our fair weather investors. They always manage to blow in and out of here when the numbers are green. Just a coincidence I suppose. Won't hear from them today for sure.. 0.049.
Gooooooooooooo NWOG.
"Oh well. I wonder what ace Maly has up his sleeve to get this to 30 cents in the next couple months."
I'm thinking it must be a genie in a bottle or a magic wand, because we're already down over 5% in less than an hour. <sigh>
"Made a bunch on the NDOL
run and will make a bunch here too. "
Maybe, but I wouldn't expect the typical pinkie quickie profit turnover here.
"down 16.5% is not bad, it means tomorrow there will be a major rebound to $0.067"
You're new to this stock, aren't you. I wouldn't bet the farm if I were you.
Ugggg. Maybe they're believers in the saying "No news is good news" because we certainly are getting the No News part.
Goooooooooo NWOG!
I think annoyed as well as confused would better describe us :)
I think I know who ultimately will be the winner. :)
"This is not going to .55 just like NWOG was never going to $2.16, that's all there is to it. I mean really, think about it."
Who are you working for? It was never NWOG that claimed it would be 2.17, it was NDOL run by very crooked people. Get your facts straight
OT: Looks like AURC is dropping like a rock. I know we should not associate the two, but I'm still from the old NWOG/NDOL school. Looks like ever since the Monimpex name has resurfaced, people are abandoning ship (as I would).
Looks like another non-descript, no news day for NWOG. <sigh>
I for one don't see any evidence of anything resembling joy. Looks like pre-market we are up, but my experience with that is that quickly it turns to a downtrend with us closing lower. How's that for depressing.
Yep, I could see that. After us welcoming them, them running off kind of three stooges style.
Sure hope you're right Party, because yeeecccccchhhhh, right now we are 0.046. Down 8 percent :( I'm sure whoever owns that new 100 mill aren't exactly high five-ing right now.
Well, what part of 0.04 does anyone think we will sink to today?
I don't think that's going to happen pamo. I sure hope I didn't just jinx us :)
I did see a post here today that said that Mr Malyshev is catching a flight out of Moscow today. Hopefully that means something. I've been in the business world long enough to know that nothing happens fast in the corporate world. It's meeting after meeting, and then lawyers, contracts etc etc. I'm only hoping something is in the final stages of all that.