North West Oil Group, Inc. (NWOL)

[Lochan]

I'm glad to see that the move to a higher exchange is imminent. I remember how, many months ago, Mr. Parkin would tell me that getting off the pink sheets was not a top priority. He used to mention that Nestles and PetroK were big, successful companies that were also on the pink sheets. His outlook must have changed, maybe due to his disgust with the way the share price has been manipulated since the R/S.

The first move was to get onto the Frankfurt exchange, because management thought there would be more support there for an oil company with all of its assets in Russia. I think that was a correct assumption, but I believe the JV with Oil India will make this a very attractive investment on any major North American exchange (and the London exchange as well).

The prospects for the new company's growth are tremendous. It is a very rare opportunity to get involved at this level in a company with this kind of potential based on proven oil reserves. Admittedly, the ride has been a little bumpy, but we are about to see some developments over the next few weeks that will make us forget all about our disappointment with the buyout proposal that was scrubbed back in May. The best days are yet to come and they are coming soon.