Friday, October 20, 2006 12:17:35 PM
Now, the old NWOG website didn't mention anything about Nord, you are correct. However, there were no updated articles on the website SINCE the merger took place. This makes sense to me because they want the new website up before they continue to release news. Do you think it is a coincidence that they stopped updating their news shortly before the merger took place? Moreover, it couldn't be more clear on the new website that Nord is now North-West.
As far as the SEC filings go, I'm not sure. It was mentioned before that the audited financials were of both companies. Maybe by combining the financials into one audit they are saving money? Remember, they do seem to be quite the penny pinchers, which is apparent with their "going dark" stunt.
The hiring of this new auditing firm "wipes the slate clean" in a way for me. Not only does it prove that they fully intend to keep us updated with audited statements (I believe you were one claiming that they would "disappear" after the form 15 filing), but also that they are continuing with their "quest" (LOL) to move to the AIM as promised. Would a firm with such prestige deal with a scam of a company? Don't think so.
Of coarse none of this is pure black and white, but what penny company is?
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