North West Oil Group, Inc. (NWOL)

[eik]

“Nord Oil International (Other OTC:NDOL.PK - News) announced that it has changed its name to North West Oil Group as provided in the merger agreement.”
http://biz.yahoo.com/iw/060918/0164002.html

OK, let’s look at the “merger agreement”:
“North-West Oil Group will own 59% of the newly created entity to be renamed the Northwest Oil Group.”
http://biz.yahoo.com/iw/060510/0128234.html
So, we are renamed to… what? North-West Oil Group? Northwest Oil Group? Those are definitely different companies. The same NWOG can't own 59% of itself.

Of course, I hope you are right: this is just accidental confusion caused by poor English of Russian interpreter. :)