InvestorsHub Logo

eik

Followers 85
Posts 6119
Boards Moderated 1
Alias Born 10/24/2005

eik

Re: specbidder post# 22061

Saturday, 12/02/2006 11:37:13 AM

Saturday, December 02, 2006 11:37:13 AM

Post# of 46027
<<The news about the Vodka company has nothing to do with "North West Oil Group, Inc ". Its to do with " North-West Oil Group - Closed Joint Stock Company ">>
This is possible (and even likely). Still, all this is more complicated than it seems to be. Where did they get $3mln to pay for “Vodka”? MOL $15 mln sale was reported as NWOG-public transaction. After all recent development I was under impression that they decided to put everything under NWOG/NDOL umbrella. If not – they will need to separate two accounts, two audits, etc. And what company is going to AIM? NWOG-CJSC or NWOG/NDOL?
My current impression: this latest PR was created in a hurry to fix the developing damage to the share price. All these pieces about NWOG-CJSC, old ticker NDOL, typos, etc. – is a result of “last minute compilation” from old PRs, made by somebody with less than perfect qualification. Again, the main news: the company doesn’t like current PPS and wants to improve it. If they want – they will!

IMO.