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Re: leebret post# 27437

Monday, 02/12/2007 3:00:36 PM

Monday, February 12, 2007 3:00:36 PM

Post# of 46027
leebret. I have a sinking feeling that the financials will be the final nail in this coffin. I don;t know why but something tells me that the numbers won't be pretty. I am not even holding my breath for them to come out in march, april or may. I would be surprised if numbers came out by mid to end of summer. Now some of you will argue that the March deadline is set. So what. When has NWOG ever delivered on time? I thought so. I really believe this stock will only make us money if we can manipulate the heck out of it, but unfortunatly the float is in the hands of the wrong people and they are killing the SP. Do you honestly think this russian oil company wants to see us make millions out of a few thousand dollar investment? Nope. If anything I think they are doing this buyback to take full control and the few million of shares owned by the rest will have no meaning to them. They will keep this stock down until they are ready to sell. Remember now. This is a Russian company. legally they can do what they want without reprecussion from the US. They can claim a $5.00 buyout per share tomorrow but then suspend trading and sell their assets to another Russian company. There is a lot of bad things they can do and I am not feeling safe with the money I have invested with these guys. I would have been way better off putting my intial investment into a mutual fund that yielded a 68% return last year instead my investment is worth 10% of what I put in. Even if this stock quadruples in the next week I am still in the red. It will take a miracle, some serious manipulation of this stock and some dumb luck to make green here.

This is my opinion. Don't you all get mad at me.