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Someone got tired of waiting!!??
Big chunks at $0.034, I think...
Dodo, please stick to IVFH board!!
I don't believe you've done any reall DD on NWOG.. All you're looking at is the share price. You seem to know your stuff on IVFH though. Please stick to that stock instead of coming over here to simply bash NWOG. Unlike some of your posts on IVFH, your posts here contribute nothing!!
p.s. I'm disappointed as you are usually the first one to jump on someone who bashes IVFH!
Who sells 600 shares at $0.04?($24.00)????
Dodo, and gang... thoughts on today's trading??
TIA.
Thanks Kuoi2!(eom)
Another buy of almost 121k shares??
Sorry to keep asking, but I can't figure out where to see the level 2 activity for this one. If this was another buy, it sure seems like something is going on.... Thanks
Did a buy of 100k shares just go through!(eom)
Great find, NoWhen.., very interesting!!(eom)
Great post, Brent! I think there's more to come!(eom)
Thanks Davidam! (eom)
Davidam, that's what I was wondering - whether it would be different. I think it's great though that Disney has already done the pasta shapes thing. This is just an extension of that the way I see it. I do have one question though... If Disney has already done the pasta shape thing with a company like Heinz, why would they go with such a small co. to do the pasta shapes?? I'm just curious as to what Pasta Ital. can offer in that regard...
http://www.ciao.co.uk/Heinz_princess_pasta_shapes__Review_5563993
Question: Would we have Disney ravioli or pasta?
If deal with Disney, does anyone have any idea as to the actual food item (ie., pasta, ravioli, etc.). From the articles I found, it looks like a Disney past is already being made.... TIA
More Disney Pasta!!
http://www.pastastore.de/shop/index.php?cPath=49
Picture of Disney Pasta!
http://blogs.magnatune.com/buckman/2005/07/index.html
**scroll about 1/2 way down page
Anything that is recognizable, from Penthouse Pets to Mr Magoo is ready to be placed on any product whatsoever.
Across from our booth, for example, were the Disney Pasta people. Staffing the booth were two surly Italians whose job seemed to be stopping people taking samples of their pasta. I think the real problem is that they were pissed off having to make a traditional italian product into the image of a imperialist cartoon rodent from America. What does an Italian starch product have to do with Mickey mouse, you may ask? Well, nothing, of course. It's just the "Mickey" is a recognizable brand and if it can help move product, then Disney is happy to stick the image on it. In the same vein, 20ft away porno-video gods Vivid Video were more than happy to license the titillating photos of their stars to any product you like. Evidently, brand integrity is irrelevant.
As a small company, we're clearly exhibiting at the wrong show. Licensing is all about public recognition of a logo, name, or face. Without that, you're nothing here. Good music? So what, if the artist's likeness isn't known to move product.
Who buys 330 shares at .042????($13.86)??
Was that you Dodo? Davidam? lol...
38k shares so far today.. talk about low volume!!
Can anyone tell or provide a breakdown as to buys v. sells..
Thanks
Negger, I see your point, but if this hits .15 - .20, who can resist taking those kind of profits?? I'd be interested in the boards thoughts or strategies in that regard. It seems like we'll get a pop on the OTCBB listing, but then it may slide or retract a bit like it has done... Is anyone thinking of taking some off the table at that point and then letting some ride?? I'm fairly new to this and have already learned the hard lesson of not locking in profits when I had them - all in the hope of getting more profits (watched my profits on NDOL dissolve and then some). I only hold about 130k shares of IVFH. Thanks to all that respond... The above is just my personal thoughts and opinions.
2Create, I appreciate the clarification..I was confused by the following report by Stockguru.com:
"Stockguru.com: StockGuru Price and Volume Alerts for Monday June 13, 2006 - One Company Provides Details on Its Oil Reserves While Another Holds Conference Call"
By M2
Last Update: 6/13/2006 10:09:23 AM Data provided by
Dallas, Texas, Jun 13, 2006 (M2 PRESSWIRE via COMTEX) -- StockGuru Price and Volume Alerts for Tuesday include Nord Oil / North-West Oil Group (NDOL), New Frontier Energy, Inc. (NFEI), GVI Securities Solutions, Inc. (GVIS), Norsat International Inc. (NSATF), Neutron Enterprises, Inc. (NTRN) and NutraCea (NTRZ). StockGuru Price and Volume Alerts feature companies with significant moves in either volume or price in the past two trading sessions. In our update we analyze recent news about the companies featured and detail the movement in the stock. If you would like to feature your publicly traded company in our alerts or on StockGuru.com, email feature@stockguru.com or call (469)252-3031.
Nord Oil / North-West Oil Group (NDOL) - Monday's shares increased 11.86% over open to $0.330. The volume was at 1,826,684. Nord Oil / North-West Oil Group recently provided details on its proven and probable reserves, which amount to 208,152,000 barrels. The North-West Oil Group currently has 4 licenses for oil production in the Saratov region, including Severo-Vasnevetskoe, Stepnovskoe, Kalininskoe and Goruchenskoe. The current volume of production is approximately 2,450 barrels per day or 894,250 barrels per year. The North-West Oil Group was also granted 2 development licenses. The fist is for the Shalinsky property, which spans 546.8 square kilometers and has reserves of 5,000,000 tons of oil (36,750,000 barrels) of category C1. The second license, named Surgutsky includes 7 properties located, which spans an area of 329.4 square kilometer in the Hanty-Mansysisk and Nefteyugansk regions. These properties are evaluated to hold 1,920,000 tons of category C3 and 21,400,000 tons of category D1 representing 171,402,000 barrels.
Nord Oil International Inc. is a reporting, publicly traded Oil & Gas company trading under the ticker symbol NDOL on the US Pinksheets market as well as on the Frankfurt Exchange under symbol CXIA. Nord Oil International and the North-West Oil Group merged on May 11, 2006. The company is in the process of filing all regulatory statements and will change its name to the North-West Oil Group and will be issued a new ticker symbol. The company presently produces over 120,000 Metric Tons of crude oil yearly.
For a quote and the latest news on this company, please visit: http://www.stockguru.com/profiles/NDOL.php .
2Create/Benz, was a conf. call was announced??
I don't understand why my messages asking this question keep getting deleted.....
Westcott, can't thank you enough for the most informative post I think I've read so far!! Keep up the great work - and thanks for keeping everyone here in the loop!
Dodo, tell us how you really feel!!(lol)(em)
$0.345 - up almost 17%..something going on????(em)
Vic, I appreciate your efforts as well!!(eom)
You can't blame Putin for expecting the West to pay up if they want the oil.. He knows Russia has something everyone wants and needs and that it will be the key to rebuilding a stong economy in Russia. He also knows that finding a buyer in China, India, etc. will not be a problem. I interpret his attitude as "let the highest bidder win" - which will ultimately be good for companies like NDOL/NWOG.
Just my opinions.
More reading: "China's thirst for oil rattles old order"
http://news.yahoo.com/s/ap/20060610/ap_on_re_as/security_in_asia_oil;_ylt=Ah6ybaSwpYtYrmmhdfW3MKRvaA...
By PETER ENAV and ELAINE KURTENBACH, Associated Press Writers
Sat Jun 10, 1:42 PM ET
ZHENHAI, China - China's surging appetite for energy is engraved in the landscape of this gritty port city: waterfront piles of coal, gas pipes snaking along grimy roads, and tankers anchored amid islands where pirates once lurked.
Zhenhai is at the heart of a global energy revolution.
As China's leading oil receiving center, the city provides this nation of 1.3 billion people with hundreds of thousands of barrels of crude per day to feed its galloping economy.
The shifting pattern of energy consumption is rattling Washington and aggravating an already intense rivalry with neighboring Japan over access to oil and gas supplies, adding to tensions in an already volatile region.
"The global demand for oil has been rising faster than supply because there's new economies that are beginning to gin up, new economies growing, like China and India," President Bush said recently.
"Oil — the dependence upon oil is a national security problem, and an economic security problem," Bush said.
China is acutely aware of the security implications of its growing dependence on imported oil. For more than a decade, its three large state-owned companies have been scouring the globe, from Iran to Angola, to secure supplies.
In the past six months alone, China has signed deals totaling more than $7 billion for stakes in oil and gas fields in Kazakhstan, Nigeria and Syria. A state-controlled company is reportedly considering a $2 billion bid for yet another Kazakh property.
The worldwide buying spree helped net at least 3.5 million barrels per day of imported oil last year — enough to make China the world's third-leading consumer of foreign oil.
Chinese demand is forecast to more than double by 2025, to 14.2 million barrels a day from the current 7 million a day, according to the U.S. government's Energy Information Agency.
Although China's imports still only constitute about one-sixth of total world oil trade — compared to 30 percent for the United States — it is already the world's second largest oil consumer. China's increasingly pivotal role as global manufacturer of practically everything has ensured demand will continue to grow.
The worry in Washington, Tokyo and other major oil importing centers is that competition is helping push prices to potentially destabilizing levels, and raising the risks of conflict over dwindling resources.
China has sought to diversify its energy sources, clinching exploration and production deals in Africa and Latin America to limit its dependence on Middle Eastern oil. It too recognizes the huge economic stakes for all sides.
However, those deals also have raised worries.
Earlier this year, the Bush administration published a revised National Security Strategy that accused Chinese leaders of "acting as if they can somehow 'lock up' energy supplies around the world or seek to direct markets rather than opening them up."
U.S. and other Western oil companies discovered during the oil crises of the 1970s show how vulnerable such deals can be, but "There is considerable rhetoric in some high places that China's trying to monopolize or control world energy resources," says William Overholt, director of the Center for Asia Pacific Policy at RAND Corp. in Santa Monica, Calif.
A more broadly shared concern, he says, is that just as U.S. oil needs have helped keep dictatorships in power in the past, "China is buying into oil in places where those purchases support abusive regimes" such as Sudan and Iran, undermining U.S. diplomacy in other areas such as nuclear nonproliferation.
While many agree with Overholt's characterizations of China's oil allies, critics point out that Saudi Arabia — whose oil fields were developed by U.S. companies and which has been the anchor of Washington's foreign oil strategy for more than three decades — is also not a democratic society.
For China, ensuring future supplies is top priority as it fuels annual economic growth rates of about 10 percent.
China still gets more than two-thirds of its energy from coal, and roughly half of its oil supply is from domestic sources — 3.4 million barrels a day in 2005. But veteran fields are beginning to falter and motor vehicle use is surging.
"Oil imports are bound to play a very important role in China's future development," said Dong Xiucheng, a professor at the China University of Petroleum.
Much of that oil will arrive through Zhenhai, a port city about 100 miles south of Shanghai and home to the country's first national petroleum reserve — as well as the country's biggest refinery.
Tankers from the Middle East and Africa berth at busy oil terminals secreted in the nearby Zhoushan archipelago, a pirate hideout in centuries past. A pipeline under construction will connect offshore terminals to factories in the Shanghai region, the country's biggest commercial hub.
Surging oil consumption by China, India and other emerging economies — on top of what is already being consumed by wealthy nations like the United States — has added urgency to the debate over future supplies.
Some experts believe production will soon peak, and that looming shortages require a fast shift to alternatives.
Others say the peak is at least several decades ahead: the U.S. Geological Survey reckons that only about one-third of the world's estimated 3 trillion barrels of recoverable oil has been consumed.
China relies most heavily on the Middle East, which provides about 45 percent of its total oil imports, with Saudi Arabia accounting for about 17 percent.
In late April, Chinese President Hu Jintao flew to the kingdom for talks with Saudi Aramco, the world's largest oil producer — the latest episode in a continuing Chinese effort to ensure access to Saudi Arabia's 9.5 million barrels per day of oil production.
That visit, coming just after meetings between Hu and Bush in the United States, was closely monitored in Washington.
China takes American concerns seriously and has worries of its own over its vulnerability to upheavals in global hotspots and to U.S. naval pressure in the Malacca Straits, the narrow Southeast Asian passage through which virtually all Middle Eastern and African oil moves on its way to East Asia.
Though Beijing is building up its own navy, analysts say it would take decades — if ever — to match America's.
With the naval option of limited value, China has tried to do the next best thing — reduce the amount of oil that reaches it via the Straits.
"Gaining access to new routes is a very important strategy for China to ensure the security of its oil imports, aside from diversifying the countries supplying oil," said Dong, the Chinese Petroleum University professor.
China is studying alternative routes for African and Middle Eastern oil, including a pipeline through Myanmar, a port project in Pakistan and possibly even building a shipping channel through Thailand.
It is also laying pipelines to former Soviet countries.
China recently opened a 625-mile link carrying 190,000 barrels a day of Kazakh oil, providing its first direct access to potentially rich central Asian fields.
Construction has begun on an even bigger pipeline project that when completed in 2010 will move up to 1.6 million barrels per day of crude from Russia's Irkutsk region to its Pacific coast, with a branch line running into northeastern China.
Japan prevailed in persuading Moscow to route the main pipeline to the Pacific, rather than into China, providing low-interest loans to pay much of the more than $10 billion cost.
China and Japan are also facing off over potentially rich gas resources in the East China Sea, with no signs of an early resolution.
The high stakes of energy rivalry are highlighted in a Chinese online book, "The Battle in Protecting Key Oil Routes."
The anonymously authored book is set in a future where oil costs $100 a barrel. It begins with U.S.-Japan naval exercises focused on the Malacca Straits that trigger a real battle between China and the United States when a U.S.-fired missile goes astray.
The still incomplete book has drawn little attention, but it does reflect growing awareness of the potential for energy competition to get out of hand.
Given the risks, Washington should step up energy cooperation with China, says Sen. Joseph Lieberman (news, bio, voting record) of Connecticut — a Democrat regarded as a close security ally of President Bush.
"These are two nations following similar international oil acquisition policies," he said. "If we let it go, this could end up in real military conflict, not just economic conflict."
___
AP Business Writer Elaine Kurtenbach reported this story from Zhenhai and Shanghai, China, and correspondent Peter Enav from Taipei, Taiwan.
Additional article on Yahoo....
http://news.yahoo.com/s/afp/20060610/bs_afp/g8financerussiaeuenergy_060610141636;_ylt=AnsoAS0EFA5VCY...
Russia says energy consumers the problem, not supply Sat Jun 10, 10:16 AM ET
SAINT PETERSBURG (AFP) - Foreign countries that consume Russian energy should provide better guarantees and information on their consumption plans rather than worrying about Russia's reliability, Russian Finance Minister Alexei Kudrin said Saturday.
"There is a need for responsibility by consumers.... There is no production shock, it is a consumption shock linked to a lack of predictability of consumption," Kudrin said at a meeting of the G8 finance ministers.
"Russia has always been a sufficiently reliable supplier of energy and remains so," Kudrin told journalists after chairing the Group of Eight (G8) finance ministers' meeting in this Russian city.
Russia's dependability as a major supplier of natural gas to European countries has been called into question after Moscow briefly cut supplies to neighbouring Ukraine at the start of the year, having a knock-on effect in many European countries.
Kudrin said Russia was not ready to sign a European energy charter that establishes principles for ensuring stable energy supply, saying the charter did not take account of the atomic energy sector or the changed nature of Europe due to enlargement of the European Union.
"Russia shares the principles of the energy charter but the way they are formulated in the agreement doesn't suit us," Kudrin said.
Kudrin hailed a Russian effort to promote electricity provision in the world's poorest countries, where lack of electricity hinders growth and is an obstacle to purifying water.
"We have raised the question... of accessibility of energy infrastructure for populations. This is a new aspect of energy that is not only about basic energy supply but health and education and improvement of living conditions. This is a Russian initiative," Kudrin said.
The finance ministers' meeting was being seen as a chance not only to discuss global economic security but also as a dress rehearsal for Russia's hosting of the leaders of the G8 countries on July 15-17.
Interesting articles on Rosneft & Russian Oil:
http://www.yukosshareholdercoalition.com/press_room/media_summaries_2006may.html#66
YUKOS Minority Shareholder Coalition (YMSC)
May 26, 2006: Investors Say Rosneft IPO Risky, Demand a Discount: Investors worried about possible lawsuits, a global market downturn and Russian political risk say they will only buy shares in state oil firm Rosneft's IPO if they are offered at a big discount. The politically-charged IPO, Russia's biggest, is touted as a symbol of a resurgent Russia riding high on an oil price boom. But a harsh market correction is making investors recalculate the risks as criticism of how Rosneft acquired its core asset Yugansk grows ahead of the planned July IPO. Rosneft, whose key asset Yugansk was ripped out of the now-jailed oligarch Mikhail Khodorkovsky's YUKOS oil firm, has been dogged by controversy and Yugansk's ex-owners have threatened a lifetime of litigation. Rosneft's poor corporate governance record is another worry, in addition to the political risk. Rosneft, the Kremlin's top oil vehicle, is headed by Igor Sechin, President Putin's right-hand man and part of a so-called "siloviki" clan of ex-KGB men running Russia. Political analysts say Rosneft could be vulnerable in any shakeout in the wake of the March 2008 presidential elections when Putin must step down under the Russian constitution. "This company is run by bureaucrats, not oilmen. It serves a variety of political interests, not shareholders," said Firebird fund manager Ian Hague. Rosneft's formal pitch to investors via its prospectus may highlight some of the risks from its controversial past. Among them is a lawsuit by U.S.-based holders of YUKOS ADRs including former U.S. National Security Adviser Richard Allen who are seeking damages for alleged expropriation of assets. "People will be scrutinizing the prospectus and looking for holes," said Brian Zimbler, partner in the Moscow office of U.S. law firm LeBoeuf Lamb Greene & MacRae, noting such lawsuits "will deter some conservative investors from taking part in the IPO." (Source: Reuters)
May 26, 2006: Russian Stabilization Fund to be Converted into Foreign Currencies: Russian Finance Minister Alexey Kudrin announced the conversion of the stabilization fund at the forum of state debtors in St. Petersburg yesterday, estimating it at close to 2 trillion rubles. The Finance Ministry has plans to open currency deposits at the Central Bank – 45 percent to be placed in U.S. dollars, 45% in euros and 10% in British pounds. The ratios may change depending on the current dynamics of exchange rates. Russian Deputy Prime Minister Alexander Zhukov said at the CIS prime ministers summit that “the placement of the money of the stabilization fund in stocks of overseas companies may be agreed upon by the end of 2006.” The government is also considering transferring a part of the fund to the management of banks with international jurisdiction. However, there are concerns that the stabilization fund may become a target of the West if money from the fund is placed in the shares of international companies, as the risk of them being arrested becomes higher. The precedent might be set in a Washington D.C. court, which will consider the case of the YUKOS U.S. minority shareholders. The U.S. jurisdiction allows considering if the ruling of the YUKOS case complies with Russian legislation. If the lawyers of the YUKOS shareholders manage to win, the immunity of the Russian stabilization fund might not be guaranteed. (Source: Kommersant)
May 25, 2006: Moscow Court Cuts Dollars 4bn from Rosneft Unit's Tax Bill Yuganskneftegas: Rosneft has had a tax claim against its key production unit reduced by 4 billion dollars, according to the company's financial statement released ahead of its planned initial public offering. Christopher Weafer, chief strategist at Alfa Bank said Rosneft's planned IPO values Yuganskneftegas, which account for two-thirds of Rosneft's production, at about 30 billion dollars. Mr Weafer said, "It is clear that judges don't look at Rosneft in the same way as they did at YUKOS, when they needed to justify the confiscation of its assets." In its financial statement, Rosneft said, "The various legislation and regulations are not always clearly written and their interpretation is subject to the opinions of the local, regional and national tax authorities. Instances of inconsistent opinions are not unusual." (Source: The Financial Times)
May 24, 2006: Rosneft Too Risky, Putin Insider Says: Former Putin advisor Andrei Illarionov says Russia meets only one criterion for membership of the Group of Eight (G8) of the leading industrialized democracies – the size of its economy. He says the G8 summit can only be interpreted as a sign of support by the world's most powerful organization for Russia's leadership – a stamp of approval for its violations of individual rights, freedom of speech and the rule of law, its discrimination against NGOs, nationalization of private property, use of energy resources as a weapon, and aggression toward democratically oriented neighbors. The G8 summit will serve as an inspiring example for today's dictators and tomorrow's tyrants. In a separate article the newspaper quotes Illarionov as saying the planned flotation of state-owned oil giant Rosneft would see "the London Stock Exchange being used to distribute stolen assets". He says: "This is a crime which will be investigated by a new government and reversed," he said in the latest salvo against the controversial initial public offering. His comments follow denunciations of the sale by investors including George Soros and Foreign & Colonial, which recently raised a warning flag over Russia's corporate governance practices. (Source: The Daily Telegraph)
May 19, 2006: Russians in YUKOS Response: Two of Russia's top government officials, the bosses of state-owned companies Rosneft, Gazprom and Rosneftegaz, and the Russian Federation have sent a joint reply to a U.S. district court after each was served a summons following a YUKOS lawsuit filed last October. Individuals on the list include Russia's Energy Minister Viktor Khristenko, Finance Minister Alexei Kudrin and Rosneft president Sergei Bogdanchikov. In their reply, the defendants said that the U.S. court has no jurisdiction over them. The civil lawsuit was filed at a Washington, D.C. district court by U.S. law firm Covington & Burling on behalf of a group of 12 YUKOS shareholders for "de facto denationalization of YUKOS without payment of any compensation to its owners," lawyers said. (Source: Upstream)
May 4, 2006: U.S. Vice President Says Russian's Putin Restricting Rights: Russia under President Vladimir Putin has recently "unfairly and improperly restricted the rights of the people," U.S. Vice President Cheney told a conference of Eastern European leaders Thursday, cautioning that similar actions could begin affecting relations with other countries. "No legitimate interest is served when oil and gas become tools of intimidation or blackmail, either by supply manipulation or attempts to monopolize transportation," Cheney said. "And no one can justify actions that undermine the territorial integrity of a neighbour, or interfere with democratic movements." (Source: Associated Press)
May 4, 2006: Rosneft Fights Back as Criticism Mounts: Rosneft, poised for a controversial London flotation, plans to answer its critics in a wide-ranging prospectus expected to be published in the next few weeks. The state-owned group will run through all the issues relating to its acquisition of the main assets of Yukos, so that investors go in with their "eyes wide open," according to well placed sources. Rosneft is expected to launch its initial public offering (IPO) on the London Stock Exchange in July. It plans to raise cash to pay for the Yuganskneftegas business it bought after the Kremlin forced Yukos to sell the assets. But the oil producer has faced a wave of criticism over the circumstances of its asset purchase. Bruce Misamore, the former chief financial officer of Yukos, said a London float of Rosneft was the moral equivalent of Nazi Germany stock-listing the shares of a company forcibly acquired from Jewish owners. (Source: The Guardian)
May 3, 2006: Institutional investors in Rosneft IPO Must Face These Ethical Issues: Bruce Misamore, Former Chief Financial Officer of Yukos Oil Company, wrote a letter to the Financial Times addressing the moral and ethical issues raised by the Rosneft IPO. Read the full letter »
May 2, 2006: A Word About Rosneft Stock: Nyet: Newsweek's Wall Street editor, Allan Sloan, commented on Rosneft IPO, stating that there's no better time to examine the new thing that Russia's state capitalists hope to unveil later this year – the world's biggest stock offering. To wit, the proposed initial public offering of shares in Rosneft, Russia's state-owned oil company. Should Russia succeed in selling investors a stake in Rosneft for the widely predicted $20 billion or more, the deal would get top billing in Thomson Financial's IPO rankings, topping the $18 billion that NTT Mobile Communications of Japan raised in 1998. Sloan says, “Normally, I'd wait to see some documents, crunch some numbers, and call the company and get the usual ‘no comment’ before writing anything. But this isn't a normal situation. So here's my opinion about owning this stock: nyet. No. Don't touch this unless you're a professional investor or a connected insider or you just happen to enjoy playing Russian roulette with a pistol that has five loaded chambers and one empty one instead of the other way around.”
Sloan also commented that unless investors “assume that the rule of law will take root in Russia overnight – fat chance! – buying into Rosneft isn't like buying into British Petroleum when Britain privatized it. Gazprom and Rosneft answer to the state and are of enormous strategic importance to it. No matter how many non-Russians end up on Rosneft's board, you can bet that when push comes to shove, Rosneft will act in the Kremlin's geopolitical interests rather than in its own financial interests. (Source: The Washington Post)
May 1, 2006: Oil Kremlin Scales Back Float After London Interference: The London Stock Exchange (LSE) is starting to feel the wrath of the Kremlin after Russian oil giant Rosneft axed plans to launch the world's biggest stock float this summer, opting instead for a much smaller sale. The move comes days after the LSE took the rare step of intervening in Russian politics by questioning the treatment of William Browder, chief executive of Hermitage Capital Management and the biggest foreign investor in Russia, who has been stripped of his Russian visa after pushing Western-style shareholder activism. Rosneft, which now has more proven oil reserves than Exxon, is slashing the float from $20bn to nearly $8bn, according to company sources, just enough to cover debts to Western banks. The move raises doubts about other Russian companies lining up to list in London over the next year, including Vneshtorg Bank, Gazprom Bank, and the aluminium group Rusal.
The LSE now has to walk a tightrope, holding on to lucrative business from emerging economies while being careful not to let in companies with skeletons in the closet. U.S. billionaire George Soros last week called on investors to boycott Rosneft, calling the state-owned company a strategic arm of "a country that does not hesitate to use its monopoly power in devious and arbitrary ways''. Britain's F&C Management said it planned to shun the float unless Rosneft put aside "adequate provisions'' for liabilities stemming from its purchase of Yukos properties. Rosneft vaulted into the top tier of energy groups by snapping up Yukos assets on the cheap after the Kremlin destroyed Yukos founder Mikhail Khodorkovsky in a tax investigation, which he claimed was politically inspired. The Yukos Shareholder Coalition is pursuing a pounds 3.3bn claim for damages in U.S. courts. (The Daily Telegraph)
OT: I don't think we should get too excited about hurricanes this season. I think the price of oil will continue to go up even without them. Also, I'm sure there are people on this Board who unfortunately have been or know someone who has been the victim of a hurricane. We don't want to give the impression that we would wish that kind of devastation on anyone - especially in the hope that it may increase the price of oil..
TallRob, I know you didn't mean any harm in your statement, but these are just my thoughts.
As investors in NDOL/NWOG, we can't ignore those things either...
Picked up another 29.3K shares... Can't wait for this thing to take off!!
Bought 30K shares at .043 and they lowered bid by .002???
$0.28..Amazing!! I gotta find some extra dough(eom).
Please have another cup of coffee.....
I don't think it's the same co.
Great points Andromedus, I totally agree!!(eom)
Thanks again, Dodo, and great work!!(eom)
Dodo, thanks for the info.!!
Any mention of when they may make some of that great news public???
Thanks again!
Yeah, Dodo.. I've been waiting all night for the news!!
Spill the beans, man... Give your IVFH brothers a BONE!!!
Negger, would you please elaborate...if you can...
Even if they're just rumors, I'd like to hear them..
Also, did you also talk to any of the Chefs??
TIA and GLTA.. GO IVFH!!
honest ed, if you were simply a basher, it would make no difference to me as we need someone to point out the negatives as well as the positives. However, in reading your messages, it's clear that you're not even a basher (or at least a very good one).. You appear to be someone of minimal intelligence and little class who roams these message boards just looking for attention.. It's really kind of sad!! It's clear that you have done no DD on your own... didn't it take you 3 or 4 posts to even get the company name correct????
Hopefully, the moderators of this board will follow my advice and ban you so others won't waste their time as well.... Please go back to RB or Allstock board...
2Create, what do you have to do to be Banned???
This site is turning into RB with the likes of "honest ed"..
PLEASE BAN HIM AND DELETE HIS POSTS AS THEY ADD NOTHING TO THE DISCUSSION AND ARE ONLY INFLAMMATORY!!
20Vision, I would be interesting to know how those other stocks started out. For example, did they all go through a period like our NWOG (or did they start out much higher). The timeframe for rise in s/p would be interesting as well. GL