North West Oil Group, Inc. (NWOL)

[an old investor]

Actually guys, after taking just one accounting class in college, I knew that there was no way I would ever become an accountant.

However, since you guys brought my name up, what is the big deal...LOL. Last year at this time, and for almost its whole life, one of the major themes in every press release of Nord Oil was the fact that RSM-TopAudit was their auditors. It was hailed as giving the company credibility because it was one of the top six in the world....now they have one of the top four....I really see no difference.

I would submit that one of the reasons they switched auditors might be that RSM Top Audit would no longer certify their financials, and hiring a new firm is merely a stalling tactic. (I am saying this toungue in cheek....ANYTHING can be spun any way a person wants.)

The ONLY thing going to make this company grow is the oil it brings out of the ground and sells on the world market. Promises of joint ventures, huge projects, untold billions of barrels of reserves look good on paper....but thats all it does. Not one penny to the bottom line, which is actually what the smart money on Wall Street looks for. Until the oil is pumped, refined, and sold, anything the company does is a DRAIN on assets