North West Oil Group, Inc. (NWOL)

[Lochan]

Actually, I am quite bullish on NWOG. There is the Saratov merger that will take place in the coming months, an AIM and/or Bulletin Board listing toward the end of the year, a 50% increase in oil production by 12/31/07 and regular quarterly reports are expected which will show steady growth
over time. I am looking for a pps of .30 by year end and
$1.00 in a year to 18 months.

I think NWOG management was hoodwinked by the accounting firm, which didn't do its job properly. Even a first year accounting student could see the flaws in their audited financials. The company probably won't wake up to this until they get a rejection notice when they try to uplist. Wouldn't be the first time an accounting firm got sued for malpractice.