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Re: eik post# 31337

Tuesday, 04/10/2007 11:46:49 AM

Tuesday, April 10, 2007 11:46:49 AM

Post# of 46027
Thanks, EIK, for this most valuable input. I can understand why the company might be hesitant to deal with an "official" representative. What is important to us as shareholders is the regular flow of updated information. A ten minute call once a week would do the trick. You could ask Maria (maybe you already have) if she would mind if you pass along whatever information you gather from your conversation with her to other shareholders. The benefit is that she won't have to deal with all of the emails from individual investors that swamp her office each week.

Nothing needs to be made official. Official announcements will come from the company in the form of PRs. What we are looking for is to strengthen an unofficial connection that already exists through you. You know the psychology and how to relate with NWOG. Even in your last post, you have told us something we didn't know, that NWOG insiders are even more interested than we are in moving the PPS to a higher level. How did you know that? Please tell us more. The majority shareholders, although their shares are restricted, want to see some capital appreciation right now. This vital to the financial well-being of all NWOG investors!

Another important point is that NWOG is not fully aware of how their presentation of financial information affects share price, what to speak of missing deadlines, especially those they themselves announce officially in their PRs. This especially holds true on the pinksheets where price fluctuation is all about the perception of credibility.

Please let them know that their filings of "fancy papers" is not meant to make U.S. shareholders happy. It is a formality that will allow the company to take its place among the next tier of producers by giving it access to capital markets that
are not available through Russian banks. In moving from a private to a public company, they have to begin to "think outside the box," adjust their vision of who they are, and surround themselves with professionals who can help them take the next step.