![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, May 11, 2006 3:52:00 PM
right or worng?
here's one way to look at it:
1) NDOL buys two of North-West Oil Group (NWOG) divisions by way of reverse merger
2) As a result of the above merger, NDOL will own 41% of NWOG
3) NWOG changes its name to Northwest Oil Group (NOG) and NOG is now 51% owned by the old NWOG and (41%) by the old NDOL.
4) NWOG reported $450M in revenue.
5) If the old NWOC revenue contribution would be $225M for the rest of this year and you add whatever NDOL would generate for the rest of this year, you will have an idea of what the sum of the revenue parts might be for the last six months of this year, on a conservative basis.
NOG will be public, that's why they are doing the RM. Forget about the word merger for the time being
....essentially NDOL is swapped for the two divisions in order for NWOG and NDOL to become NOG, allowing NOG to be a public company without the cost of an IPO, among other things.
Obvioulsy NWOG feels NDOL is worth 41% of the whole thing. The PR did not say that NDOL was JUST merging with the two divisions. If it did, NDOL would be nothing more that a division, which it won't.
Nothing remains private.
Having said that, the market isn't reacting in a manner that suggests a $2.00 value for NDOL. I think that is because the valuations of NWOG remains to be seen and will be seen when everyting is filed.
____________________________________________________________________________
FEATURED Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM