Native American Energy Group Inc. (fka NAGP)

[stargazer95]

The response on the same website:

http://www.megabolsa.com/itwo/viewtopic.php?t=759&postdays=0&postorder=asc&start=30&...


By mroberto55

Publicado: Mar Feb 06, 2007 1:14 pm Título del mensaje: Resumen optimista de la movida de ayer.......

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A few of the items listed above have been checked.

1) All the leases are paid up to date. They were off in December, there was a mixup with the payment that was rectified the beginning of Jan.

2) While Raj was invovled in some small manor with Reneaissance Capital Management it was more a case of being in the wrong place at the wrong time and he was given a $10000 fine. This did not keep him from becoming the CFO of another company.

3) HHHHere's John Morales:
http://www.fptc.org/Appellate%20Opinions/283.htm

It seems he's not well liked:

"The Fort Peck council voted 11-1 on June 14 to permanently remove Chairman John Morales from office. The council suspended Morales in late May after tribal council members accused him of failing to carry out council resolutions and violating policies and procedures. The Bureau of Indian Affairs on June 16, formally recognized Ray Eder as the new chair, and the rest of the council, as the legitimate governing body."

The person above talked with Morales and Ackerman who are both on the outs with NAEG. They gave a very slanted view of the company.
Morales allegedly wanted NAEG to go through him for the leases and pay him some sort of fee, NAEG does not do thing illegally so went around him to get the leases. Sounds like sour grapes to me. He is not even a member of the tribal council anymore.

4) There phone is an answering service. They do not deny that, they are completely honest about that from the get go and are relatively good about getting back with investors.


Raj is the CFO not the CEO and it was something that happened over eight years ago.

I for one will be adding at these levels as the fundimentals of the company have not changed and I'm here for the black gold them there hills have to offer.

The financing is still on track and NAEG is approved by the department of the interior DOI

This should stabilze and be able to move up from here.