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eik

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Alias Born 10/24/2005

eik

Re: euddoggwyn post# 77

Thursday, 12/14/2006 9:55:36 PM

Thursday, December 14, 2006 9:55:36 PM

Post# of 5803
I am not a very religious person - hard totalitarian childhood. So, celebrate everything. :) But if I had to identify myself… the holidays start tomorrow (12/15 - 12/23).

I find changes in NWOG attitude very encouraging. My opinion: in this "Monimpex way" to bring Russian businesses public Canadian team (Parkin & Co) is a bunch of self centered “businessmen” who are testing the law by using different techniques that often hurt the company they suppose to care about. Until proven wrong, I don’t blame current NWOG management too much. They had no experience of public trading (especially in Pinky jungle), they probably looked at Parkin & Co like an example of “the Western way to do business”. I am sure that game with $2.17 buyout was Canadian invention and they brought it to Saratov like Westerns brought alcohol to aborigines. You can’t blame aborigines for being drunk after that. :) Believe me, nobody in NWOG knew anything about Frankfurt, shorting, restricted shares before “foreigners” explained those terms and methods. You can see this looking at merger PRs. They merged first, then posted something like this (from the memory): “correction: it appears new shares will be restricted according to SEC regulation #...”. So, my take for now: NWOG team is inexperienced and even amateurish but comparatively decent. And even if they are not, we have common interests now – they need to bring the stock price up and keep it up long enough to be able to sell insiders shares (there are restrictions on % of the daily volume that could be sold). Malyshev talked about $1/sh in a year. I would be more than happy with $0.5-0.6.

IMO.



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