North West Oil Group, Inc. (NWOL)

[Lochan]

EIK -- With regard to point number 4, how many shares of NWOG would I have to own to end up happy and rich after the merger with the unknown company referred to below takes place?


<< I would speculate it would be a london based major…>>

Even if this is not one of the majors that’s already listed in London, the following scenario is very possible:

1. NWOG merges with “unknown” into Big Integrated Company.

2. BIC immediately applies for listing in London, hires an accountant (later Nomad) to prepare consolidated financials. reserves, etc. for new company.

3. After London IPO every share of NWOG.PK will be exchanged for ???.?? shares of BIC.L (or cash equivalent), and every share of “unknown” (could be held by private shareholders only) for $???.?? (totaling $80 mln - “merger cost”) plus ???.?? shares of BIC.L

4. NWOG shareholders are happy and rich. :)