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Re: an old investor post# 14498

Thursday, 07/20/2006 2:01:22 AM

Thursday, July 20, 2006 2:01:22 AM

Post# of 46027
Old investor,

You concentrated only on the symbol change, and left off the name change and the OTCBB listing. As it's your first post on NDOL, that is rather suspicious to us longs.

The new exchange listing itself requires the exchange to make sure the new symbol is available for use and hasn't been reserved by other companies across other exchanges. It also require the applying company to satisfy exchange requirements.

This brings in the SEC for verification. True, the SEC has nothing to do with the actual ticker symbol itself, as it is determined between a company and its chosen exchange. The SEC still has to update its systems with the new info, though, or else people wouldn't be able to track a company's filings through earlier incarnations. The SEC also has to approve the merger, as noted in an earlier company PR.

To save himself time from explaining all the mundane details, Parkin may have simply said "the SEC" to cm3i as the reason for the delay. Think about it. The OTCBB likely wouldn't delay. NWOG definitely wouldn't. So, guess who's left?