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Re: None

Tuesday, 02/20/2007 3:00:56 PM

Tuesday, February 20, 2007 3:00:56 PM

Post# of 46027
NWOG : I see many good things..The first and foremost about this press release is the indication of NWOG manangement's receptivity to shareholder concerns/suggestion. Step in the right direction IMO..This is just a baby step.
What they need to follow-up with is a good press release indicating the business progress (wishmd mentioned a deal, that would be nice). I mentioned that cash dividend would be one way to reward the longs and take on the shorts..I understand Maria needs to take the directors into confidence before taking a decision on that. It is my impression that they are trying to get the audit done even sooner..In a nut shell, I would like to see the following

#1) Good press releases pertaining to the public entity NWOG
#2) Decision on cash dividend
#3) A press release every month indicating how much they bought
back in the previous month along with the current share structure
#4) Open minded about buy-out possibilities and share them
with shareholders
#5) Speedier completion of audited financials and a detailed
press release indicating all the assets the public entity NWOG.pk
own..

All posts are only my opinion and are not buy or sell recommendations.