North West Oil Group, Inc. (NWOL)

[maki]

I have the same general understanding, but something is not clear at all.
At merger time - there was a free float of only 6 % (apprx.
36-38 mio. shs.) - and 94 % therefore have to be considered as restricted. Mr. Malyshev mentioned in December 06 that the free float is now 156 mio. shs. - so where are the 120 mio. more free float shs. coming from:

1. all air shares - impossible
2. some of the ex-ndol shs. have become unrestricted
in the meantime (after reporting has stopped in
september) - or they where not restricted at merger time.
3. Dilution - some of the already agreed additional
300 mio. placement shs. have been put into the market.
4. .......