Makesum, ask Makarov in 3 years what he got out of it. Maybe then you'll start to see the light. You won't regret holding.

This is like getting in at the ground floor of an IPO of one of the fastest growing oil companies in Russia during one of the hottest, sustained oil markets ever! NW Oil has grown from nothing to a 1.25B enterprise in 2 YEARS. This deal is a big portion of that. If they are backed by the Russian government as some suspect - including me - the private enterprise will continue to fuel the growth of the public company with its "mysterious financing".

Also, the regulations in Russia are extremely friendly for oil companies. There is nothing standing in these guys way to QUICKLY build this company. Do I think Makarov gave his restricted shares to NW Oil officers? HECK NO! You bet he's holding. I'm holding, too.

I just hope that some of those new board members are Monimpex people, because NW Oil will have a steep learning curve getting up to snuff with Western accounting and reporting practices.

I can't wait until this gets moved to a higher exchange. I'm tired of all this pink sheet shenanigans. A lot of pink sheet investors are so short-sighted, they must spend hours bumping into walls...

The agent won't be able to tell you much, but they might have the official restricted share count. I had asked them what requirements they have of companies whose stocks they hold - if they do any work to confirm the legitimacy of the enterprise - and they said they know nothing about the companies they work with. If a company pays them to hold the stock, they hold it. They were friendly and helpful, if not very enlightening. It was good for me to be able to confirm at least part of the info on the Nord website.

I've done quite a bit of research on this company and I see no reason not to trust their intentions. If they were trying to do a pump n'dump, there are easier ways. I also don't know why they'd take us for a ride on Nord when it would take their other company, Aurus, into the crapper with it. It doesn't make sense, even from a scammers warped point of view. If they were trying to run a scam multiple times, they wouldn't make the connection between the scams so transparent. I just don't see a scam here.

marcg, the tranfer agent is Interwest out of Salt Lake City. AURC uses a different transfer agent. I called Interwest about 6 weeks ago as part of my due diligence on the stock. They confirmed that they hold Nord's shares although they couldn't tell me much more than that. I did not ask what the restricted share count was or what the restrictions were specifically. Those would have been good questions. I believe someone posted earlier that they confirmed the restricted share count with Interwest, but maybe I'm remembering wrong. I'm not sure what time it is there, but they may still be open. You can find the number on their website: www.interwesttc.com.

Are you sure this is the right company? It looks like the North-West FOIL Group? Magnates of Russian foil?

Wow. You found more than I did. This is great.

Marc, I think shares are trading at a discount because those who know and trust Nord are already in it. New buyers are looking at two companies they have no history with and little corroborating information. The purchasing company is a fairly new, privately held company in Russia that has no presence on the Internet and very little printed about it. Although I have complete faith from all that I've read and heard that Nord is on the level, newcomers may require a little time for DD before buying in - and even then there may not be enough info from sources outside of Nord for them to feel comfortable getting in.

It doesn't concern me at all because with everything else that the Monimpex gang has going, it would make no sense to fabricate this stuff. My sell is set for $2.05 and I sleep very well!

Can anyone tell me what a "technogenic agglomerate" is?