Our Conure at 26 mos., "whats up", okay, thank you! :)
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Russian investors wanting to buy this stock would have to go thru the Frankfort xchg. Ndol before the merger was probably to small for them to consider it. Nwog must be known by the Russian community it having a base there. I would think these new activities of the company merging and going public would get investors attention there. Again they would have to go thru frankfort. They have brokers just like we do. I wonder if there is anything that would prevent them from getting listed on one of their 2 exchanges or both? Would this not make it an ADR then?. This must at least have stirred their curisosity if their has been any write ups about it. When Yukos shares dropped it got their attention. This would be one of the cheapest oil and gas companies they could invest in whose operations are in their homeland. I would think having the american connection to investors would sweeten the pie.
Its more like borrowing the shares and giving us a IOU. On a lighter side maybe she is gonna short them.
I thought my edit corrected this. Have a good trip.
rocco, sorry I thought my edit corrected this. I was responding to Lets roll.
Mike, I thought some China mining outfit was probably mining in the Philippines. I know I read that there were companies from all over the world mining there now.
Thanks for the post interesting read.
Janice I didn't know Pearl lived in California, honestly. If so who is running things in the Philippines?
"Ditto"
stushy. all of this sounds great but does Ndol have debt? Do we know if nwog has debt and if so how much? Its all these things that the people in the market want to know. nwog won't be reporting either while its still on the pinks. It can take 3 or months to get listed as a BB. The company applying would have to be diligent about it to get it accomplished. Its sounds like a conundrum.
Ron, thanks for sorting this out. But you mentioned the possibility of losing shares? why would we lose any shares?
You also said the cusip number is the same, but the company name will change so our shares will justs accompany the name change. You don't see anything there that would cause the price of the shares to increase in value? This will be left up to the market?.
Nwog could buy out the shares held by top management if they want 100% ownership anytime they chose though with them owning 59% correct? or no.
Ron D posted that tax thing. He retracted what he said I believe.
Gold is over $700 an ounce and is still climbing! We are gonna begin to move up and in a big way. Aurc hasn't processed an ounce either as many others and it was trading for over .30 and I would still rather own Paim. Fmnj is in silver and its a similiar story. Its a similiar story for alot of these mining operations and their stocks are moving. What has been hurting paim is all the o/s. and they know this and thats why the buyout/rs.
Viva La Paim
This isn't an adr huh? someone pointed this out to me the other evening that ADR's on the pinks are different, completely. I know Yukoy trades on the pinks as well but I don't know if its an ADR. american depository reciepts? I owned Yukos and I still don't know.
I guess this must be the only Russian O&G trading in this price range. Lukoil has really accelerated in share price since I looked last. Its the only one I can afford.
lets roll,
when you get there give Pearl a big hugg from me and my wife. Tell her we've had correspondence from here in Wisconsin. I think she'll know who. Wish we could go!
Viva La Paim
rocco, when you get there give Pearl a hugg. Tell her its from Wisconsin and we have had some e-mail correspondance. I think she'll know who.
Pearl is a career liar famulus?
She can't find anything better to do? All of her actions thus far have proven otherwise. Do you hold this stock?
We should begin to see my action to the upside after the buyback and split. Its gonna get tougher and tougher to buy any shares at .0001. Wish I had now before the PR. I didn't then because I didn't want to have to buy through the broker. His commission is now beginning to look cheap!
Viva La Paim
What is the real deal?
Is this not the only Russian company trading on the pinks? The now prior president said its worth is now 1.25bn dollars. Will Nwog do something or can it do something to increase its shareprice? Can it now buyback some of these o/s and increase its share price. Does it have the cash? Should it need to?
What is happening with their acquistion and when will we know its outcome? How much transparency will it have and share with its investors? What are their future plans to get this gosh darn share price to $2.20. Anyone among us speak Russian?. I feel like I am standing at the ATM machine and I can't get my card back. The bank is closed and I need gas.
Ron, not when she learns your a pilot!
Ron Russia does have some strikingly beautiful women. Should get you one. You can do this over the internet. Why do you think they built that wall. To keep them in and us out!. I live in Wisconsin. The fellow who painted our townhome is Russian my wifes beautician is Russian our cat is Russian, what is going on here?. I remember reading an article years ago from what source?. It said the Russians would take this country over. It wouldn't happen thru means of war. It would happen internally. I think I am surrounded now even my wife, they've got my money and everything. I don't care as long as I can get me an ultra light. Cool huh?. A way to truly get away from it all.
I suppose your right Rob. Maybe when I can get beyond my suspicions and get the rest I need I'll yet see things differently. Maybe I'll look back on this someday and see the errors in my line of thinking. I'm not selling a share and maybe when all this settles down and we can get more direction of where this is going it will be clearer. I think from the onset that if the Prs would have been more clear that the stock would have done better. A slower more intentional move instead of what we've experienced. I really don't care what they do as long as its profitable and does bring added value to shareholders. Whatever the case its a done deal now and I do believe sooner or later Russian investors will jump in. I wonder if they can get this listed on their exchange or exchanges. They have two. I guess I suffering from PTSD right now. After all they are tight with the Kremlin. (ha). This is the Russian long bus not the short one right?. Thanks Rob and everyone for sharing your insights!
Only funnin Ron. She wasn't adopted. She was very expensive. I had to pay for her flight and everything. Continental. She's turning 4 soon. I would have the CIA at my door or the CID and the FBI. "come out with your hands up", we got you surrounded. They would take my computer and everything. It would probably be intercepted by GWB with all the wire taps and all. I'll just go visit him!
When all the assesments are done and mgmt has completed all the paperwork on this, they know they will have to move on to a senior exchange, but they will have to get the shareprice up and nwog needs to get some of that money their sittin on and do it. I am sure they will want to. If they do the share price could rise dramatically this way and in one day. There is something in this package that will move the share price up. If its not assests alone.
Ron I went to a web site last night and if I get the link right it is
http://go flying.com/
If it doesn't work look up ultra light aircraft.
I will get it for you later ok. you gotta check it out!
You mean 1.25Bn don't you?
Wrong! 2 different companies entirely. There is no comparison in any way, shape or form. Apples and oranges.
Ron it just stands to reason that this is relatively big. These Russians are in good standing with the Kremlin. This sounds funny coming from me. Our cat is Siberian. Her name is Tatiyana. Siberian Blue. We love her to death. My wife is of Russian ancestry. Her grandparents changed their last name when they came to america. What a mix she and I. I'm gonna e-mail Putin and tell him to invest and that I want to see more oil production.
I told my wife Tatiyana is spelled Tatiana. But this is the way she wanted it and this is on her birth certificate. We had to pick her up at the airport and everything. Like we were adopting a baby.
Russian investors are no different than american traders and if they choose through one of their brokers to buy on the frankfort exchange it will excel. The hedgefunds will jump all over this one I bet. Anyone that bails now will regret it. It may be over 2 by next week or earlier. I don't know how all this will eventually play out but its no longer a 1 dollar stock. Like it or not. It should eventually find its ground and when it reaches 2dollars I doubt there will be much retracement if any in that price range and have stability maybe 3.
I don't understand why nwog has not listed itself on either of the Russian exchanges?.
I do believe that when its given more exposure and if the Russian investors can buy into by some means and perhaps view it trading the stock price may go up dramatically.
Give this some time to settle. Remember CHAR remained on the pinks and this didn't stop it from rising to over $5.
I thnk to get a listing on the NYSE a company must have a 75mn dollar market cap. I don't know anything more except that it would have to maintain this. The company being worth more than a bn now and on the pinks sounds ridiculous. Do I understand that nord will now be nwoc?.
Carl,
Can really relate to to you. Watch for the pr thats suppose to come out today. It must be a quarter after 8 or 9a.m there?
These times zones must be a little screwy for you. If the company is feeling pressure from us. They brought it on. Lets hope the good guys win even if we finish last. I don't know if your waking or turning in. I fell asleep earlier watching something on tv and I should be in bed. Carl remember the way it use to be in Russia when it was still the USSR, you could own your home but not the property it was on, the property belonged to the state. Is it still this way today?
Good talkin with you as always,
Out here and my best to you
I really think it will be tougher to buy at .0001 after June 1. I know what your talking about. Just do a gtc and leave it and see what happens. I went thru that for a couple of weeks before I got my ask. Its frustrating I know. We all may be stuck. I will not play their game. I've been there a couple of times but not with Paim. They really care less when so many shares are being traded. Don't give it back to them keep what you got. You know something though .0002 is tough considering what we all have seen and experienced. As we get closer to June 1, I may consider it.
Hi Carl,
I think Rob did. I don't know if he jumped back in or not?. I can understand his position though. Its a conumdrum isn't it?. I like Ron and perhaps like you wasn't aware of the 1st pr that came out day before yesterday. I may have to tried to sell and bought back in. If a program trade is engaged though its hard to sell. If there are only sell orders it may be the same outcome. I learned of it to late and came in after the blood letting. Its really something how fast it all occurrs. Carl can you put in a stop loss over there on a pink or otc. I can't the stock has to be on a senior exchange. Where is your exchange?. I think it was mindless the way it was done. It should have been thought through and then it should have came after market close. I really didn't think it was necessary. What did they think would happen? They knew exactly what would occurr. It was this that made me so angry. Longs were still buying at higher prices.
Ron I've been holding for a long time. You've probably read about it. The Philippines is one of the most mineral rich countries on earth. It has an interesting history regarding the mining operations that slowed after WW11. I really believe that this company is at its heart. I believe it has a real chance of making it happen. The company will be reducing it o/s by June 1, I think it is. Something I wished they would of done a while back. If the gold can't be found here it can't be found anywhere. Companies are mining here again from all over the world. I believe it will happen. It would never hurt to own a little bit of a great possibilty. I personally like the people running Paim. I believe them to be geniune. I can't help what others say.
Nothing more than an IOU. Is Russia' currency the euro now?
Ron that picture I saw is that your guru?
Well I certainly hope so. We've been stuck here forever. If there is a stock that deserves an opportunity its this one. When the processing begins people will be tripping over each other to get in. Its just a matter of time and I'm planning on loading up some more. Its just money, this is gold. I will have to keep the bars in my basement. The floors on the 2nd level may give under the weight. I will have to get home security then.
All of this trading at .00005 to .0001 or .0001 to .0002. I believe will end when these shares are reduced to 3bn. I think over time even this may be reduced. 3bn shares should get us out of the proverbial cellar. Its up to investors following this to make all this work. I hope to buy more before this occurrs. This is true a fortune is being made daily off these short rises. Bottom line if their from this country they'll pay the piper at years end.
Viva La Paim
Army
This is a great source of information if it answers these questions. Restricted should mean restricted. Even if these shares are never touched. Shares can be bought in the open market. Its not illegal but insider trading is. I hope Marc is able ask his questions and get them answered and shares it. I wonder if we can validate nwog's buys?.
Its just speculation on my part and I've stated this. I didn't create this. Misleading pr's did. I'll say this if I'm wrong about even my conjectures I'll be the first to admit it. Till then this whole thing is specualtion.
It applies to all the pinks. As I said its primarily trust that those at the top are being honest. When they disprove their credibilty depending on how major or minor it is should give a person a reasonable idea of what to expect or not to expect in the future. We have seen this in all aspects of the market. Today the rules have changed a tad bit. On the senior exchanges a Ceo and his officers get caught up in something they will losr more than their jobs.
I'm waiting to see how all this pans out. Because we want to believe, and if we're honest people it makes it easier to believe I guess. Doesn't have to mean gullible. I have been this though on more than one occassion.
Good Fortunes to you Marc. Lets hope it all works for everyone who have stayed long this stock. It sure won't be to much longer now. Everyone will truly know and be able to weigh it all out and the people at the Top.
scalia
are you saying she didn't still luv you in the morning?
If you ask me thats a better way to invest you time!
Ron, I hope your right!. I really do. We have stuff going on here in our own backyard thats twisted too. I won't take this any farther. Corruption is on both sides of the ocean or oceans depending on the coast. I am no politician, dem or rep. I do have some native american blood running thru my veins thats about it. I'm a vet and I guess I have some different views about things even about our own government and policies. Like I said I've been reading about Putin for more than a year. He won't be in power for ever. My hope is someone better will take his place. There is a little to much going on everywhere. Someday we'll have something better than oil. I doubt in my lifetime but over the next decade or two. Its all about making money and we do want to fly. This is all the conglomerates care about as well, anyway and everyway. They only care about the politics if its in their interest worldwide. You know Ron if Putin would at least free the people from the gulog that he imprisoned he would help himself be seen in a little different light. He got everthing and more from Yukos. He got Yukos. If he would do this again he would literally destroy himself and Russia no western country would deal with him at least I don't think. Amen!
marc, its my read on all this. I have quite a bit at stake in this company and time. I read it as I see it. We'll see what happens next. They will have to prove more to me now to be credible. I really hope for the best outcome for everyone. We'll see. The market will play a role in how its all percieved and accepted as something better that what was initially proposed. read msg #3210 if your curious or interested.
"Ditto"!
No doubt. When they earnestly start production the price should come down considerably. I'm waiting to see someone flying it on tv. This is one way to get around the traffic. If a person in NY has a loft apartment and a landing spot on the roof what a way to get around. It looks like you can land it on a lake?. Even if it can I wouldn't. It really looks cool, can it be designed for 2 people?