North West Oil Group, Inc. (NWOL)

[ekythump]

I agree with you.

But it isn't a $20 -$30 stock because of the excessive Russian taxes on oil. These taxes have been figured into the valuations of the company at $2.20 per barrel already. A lot of people think that the Russian law will change soon though, making this in fact a $20 stock.

NWOG got their licenses from the government, to begin with. They ARE producing, and they have acquired almost half a dozen other companies in the past year and a half.

You are right about nothing to worry about with NDOL's legitimacy, if you do enough DD you realize how this operation works, and you realize that all it is, is a complicated foreign reverse merger.

These reverse mergers are amazing for us, because the companies in Russia are basically giving away parts of their companies VERY cheaply, and in turn are getting listed on public markets VERY cheaply.

Monimpex has 2 other projects upcoming, a Bulgarian Brewery, and another Russian Oil company. The very SECOND I find out the new companies symbols, I'm going in heavy. But it would be nice to know what their shell company is ahead of time.

Euddoggwyn, once upon a time (early April) over on the RB board, there was a lot of quality DD done-- unfortunately a lot of mindless people came in and made it difficult to navigate. The burying of good DD is one of the reasons why I scaled my position back for now, and am planning on adding big time in the near future.